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Defense Composites Market Report
Defense Composites Market is Segmented by Type (Military Aircraft, Naval Systems, Land Vehicle, Arms & Ammunition, and Military Hard Wall Shelter), by Reinforcement Type (Carbon Composites, Glass Composites, Aramid Composites, and Ceramic Composites), by Resin Type ...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Defense Composites Market is likely to witness a CAGR of 2.2% during the forecast period. Increasing usage of lightweight and high-performance materials in defense programs and growing need for lightweight advanced materials in ballistic-protection solutions are the major factors driving the growth of the global defense composites market.
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Defense Composites Market - Snapshot |
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Growth |
2.2% for the next five years |
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Major Type |
Military aircraft |
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Dominant Reinforcement Type |
Carbon composites |
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Region with the highest demand |
North America |
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Key Players |
Cytec-Solvay Group, Hexcel Corporation, TenCate Advanced Composites, SGL Carbon SE, Polystrand, Inc., Bond Laminates, Toray Industries Inc., and Teijin Limited. |
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Based on the type, the global defense composites market is segmented into military aircraft, naval systems, land vehicle, arms & ammunition, and military hard wall shelter. Military aircraft is expected to remain the largest segment of the defense composites market during the forecast period. Growing focus towards stealth technology and improve fuel efficiency of aircraft are the major factors propelling the demand for composites in the military aircraft segment.
Based on the reinforcement type, the defense composites market has been segmented as carbon composites, glass composites, aramid composites, and ceramic composites. Carbon composites are likely to remain the largest segment, whereas ceramic composites are expected to register the highest growth during the forecast period.
In terms of regions, North America is expected to remain the largest market for defense composites during the forecast period. The US is the growth engine of the North American defense composites market, owing to the presence of major defense and military products & service providing companies, tier players, and raw material suppliers.
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Defense Composites are now highly in use for land systems, naval vessels, UAVs, weapons, and military aircraft. These are known to offer a lesser impact to the environment in comparison to systems made up of metal.
Defense Composites can be carbon composites, glass composites, ceramic composites, and aramid composites. Different types of resins such as thermoset composites, ceramic matrix composites, and thermoplastic composites are used for the defense composites.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Defense Composites Market Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
8 |
The defense composites market is segmented into the following categories.
Some of the major defense composite manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Defense Composites are now highly in use for land systems, naval vessels, UAVs, weapons, and military aircraft. These are known to offer lesser impact to the environment in comparison to systems made up of metal. Defense Composites can be carbon composites, glass composites, ceramic composites, and aramid composites. Different types of resins such as thermoset composites, ceramic matrix composites, and thermoplastic composites are used for the defense composites.
Defense Composites Market is likely to witness a CAGR of 2.2% during the forecast period. Increasing usage of lightweight and high-performance materials in defense programs and growing need for lightweight advanced materials in ballistic-protection solutions are the major factors driving the growth of the global defense composites market.
In terms of regions, North America is expected to remain the largest market for defense composites during the forecast period.
Some of the major defense composite manufacturers are Cytec-Solvay Group, Hexcel Corporation, TenCate Advanced Composites, SGL Carbon SE, Polystrand, Inc., Bond Laminates, Toray Industries Inc., and Teijin Limited.
Carbon composites segment is expected to remain the largest segment in the defense composites market in the foreseeable future.
Increasing usage of lightweight and high-performance materials in defense programs and growing need for lightweight advanced materials in ballistic-protection solutions are the factors driving the growth in the defense composites market.
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