Market Share of Aerospace And Defense Composites Industry
The aerospace and defense composites market is semi-consolidated, with a few local and global players holding significant shares. Some of the key OEMs in the market are Hexcel Corporation, Syensqo SA, Toray Industries Inc., DuPont De Nemours, Inc., and Honeywell International Inc. Companies are primarily focused on introducing advanced composites for various defense equipment that provide lightweight and cost-effective solutions.
Key OEMs in the market are highly focused on designing and developing ballistic helmets for military forces. In April 2023, ArmorSource LLC, a US-based ballistic helmet manufacturer, introduced its next-generation Aire System, a helmet with six different shells of new lightweight materials. In addition to the shells, the system includes a lightweight helmet mount and other helmet accessories designed to provide maximum protection and comfort.
Aerospace And Defense Composites Market Leaders
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Hexcel Corporation
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Syensqo SA
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Toray Industries, Inc.
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DuPont De Nemours, Inc.
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
