Market Research Report Store Ballistic Composites Market projected to reach USD | Page 4

4.2 BALLISTIC COMPOSITES MARKET, BY APPLICATION 29
4.3 BALLISTIC COMPOSITES MARKET, BY FIBER TYPE AND REGION 30
4.4 BALLISTIC COMPOSITES MARKET, BY MATRIX TYPE 30
4.5 BALLISTIC COMPOSITES MARKET, BY COUNTRY 31
5 MARKET OVERVIEW 32
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33

5.2.1 DRIVERS 34
5.2.1.1 Rising demand in personal protection 34
5.2.1.2 Increasing threat from growing internal and external conflicts 34
5.2.1.3 Need for lightweight, comfortable, and high strength materials 34
5.2.2 RESTRAINTS 34
5.2.2.1 Failure to provide complete protection 34
5.2.2.2 High costs and extremely stringent standards of ballistic composite products 34
5.2.2.3 Complexity of ballistic composite designing 35
5.2.3 OPPORTUNITIES 35
5.2.3.1 Increasing R&D and mass production of ballistic fibers 35
5.2.3.2 Evolution and adoption of new technologies and products 35
5.2.4 CHALLENGES 35
5.2.4.1 Developing durable ballistic composite according to different threats 35
5.3 PORTER’S FIVE FORCES ANALYSIS 36
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