Ballistic Composite Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Ballistic Composites Market by Application (Body Armor, Vehicle Armor, Helmets & Face Protection, Others), By Type (Polymer-Ceramic, Metal Matrix, Polymer Matrix Composites,) Fiber Type (UHMPE, Aramid Fibers, Glass, Others) and Geography (North America, Latin America, Europe, Asia Pacific and Middle East and Africa)

 

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Report

Description

Ballistic Composites Market size is projected to grow at $2.44 billion till 2025, recording a CAGR of 8% during the forecast period 2020-2025. Ballistic composites are used for numerous military purposes like vehicle armors, law enforcement vests, body armors and helmets. These composites are basically are materials absorb the effect energy caused by volatiles. These composites are mainly utilized by law and military enforcement industries. Civilians are strictly restricted to the use of these composite as a number of countries have some strict rules excepting civilians from possessing armors in several countries. Technology advancement about related to battle weapons and volatiles over many years is growing the danger at the battlefield, consequently growing the demand for preventive equipment for opposing highly augmented weapons, hence driving the ballistic composites market growth. One more market driving factor is growing demand for flexible armor to allow mobility. This market report does the in-detail market analysis providing crucial insights into the market dynamics to take informed business decisions. This market analysis also depicts growth strategy formulation on the basis of opportunities available in the market.

Ballistic Composite Market Dynamics:

There are many driving factors of ballistic composition market growth such as increasing demand in personal protection, growing danger from increasing internal, external quarrels and growing requirement for high strength, lightweight and comfortable materials.  Development and implementation of novel products and technologies and growing mass production of ballistic fibers will create several opportunities for the market players operating in the market today. The biggest challenge is producing durable ballistic composite as per the various threats. Ballistic composites are lightweight composites and durable too. They are resistance to scratches. The use of the composites is increased because there is growing demand for environment-friendly components.  Ballistic composites are made from various fabrics like glass fibers, aramid fibers and UHMPE fibers. These composites are utilized in various application areas like helmets, body armor, face protection and vehicle armor.

Ballistic Composite Market Segmentations by Application, Fiber & Matrix

Based on Application

  • Vehicle Armor
    • Land Vehicle
    • Marine Vehicle
    • Air Vehicle
  • Helmets & Facial Protection
  • Body Armor
    • Shields
    • Body Vests
    • Protective Under Garments
  • Others

Based on Fiber

  • M5
  • UHMPE
  • Glass
  • Others
  • Hybrids
  • Aramid Fibers
    • Para-aramid
    • Meta-aramid

Based on Matrix

  • Polymer matrix composites (PMC)
    • Reinforced Plastics
    • Advanced Composites
  • Polymer Ceramic
  • Metal Matrix

Based on Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

North America is anticipated to obtain huge share in composites market during the forecast period because of the growing demand from the military and law-enforcement segments for ballistic composites and huge spending on military as well as research programs. Presence of several manufacturers of ballistic composites in the region is another main booming factor of market growth. Asia Pacific is also anticipated to grow fast due to the increasing demand for advanced ballistic materials to produce vehicle arm and high military expenditure. The biggest application of ballistic composites is in vehicle armor. These composites are crucially used in the manufacturing of vehicle armors because they provide high protection level against ballistic dangers. Furthermore, ballistic composites provide the properties to vehicle armor such as lightweight and corrosion resistance to ease the maintenance of the vehicle armors.

Competitive Analysis:

Global ballistic composites market consists of several leading industry players, which follow different strategies like agreements, acquisitions, joint ventures, product launches and expansions for strengthening their position and footprints in the market. Some of the prominent competitors presently operating in the ballistic composites market are given below:

  • BAE Systems plc
  • Koninklijke Ten Cate bv
  • Honeywell International Inc.
  • Koninklijke DSM N.V.
  • E. I. du Pont de Nemours and Company
  • Morgan Advanced Materials
  • Southern States, LLC
  • Barrday Corporation
  • PRF Composite Materials
  • Gaffco Ballistics Inc


Location

GEOGRAPHY

PBI Location Map

Description

Ballistic Composites Market size is projected to grow at $2.44 billion till 2025, recording a CAGR of 8% during the forecast period 2020-2025. Ballistic composites are used for numerous military purposes like vehicle armors, law enforcement vests, body armors and helmets. These composites are basically are materials absorb the effect energy caused by volatiles. These composites are mainly utilized by law and military enforcement industries. Civilians are strictly restricted to the use of these composite as a number of countries have some strict rules excepting civilians from possessing armors in several countries. Technology advancement about related to battle weapons and volatiles over many years is growing the danger at the battlefield, consequently growing the demand for preventive equipment for opposing highly augmented weapons, hence driving the ballistic composites market growth. One more market driving factor is growing demand for flexible armor to allow mobility. This market report does the in-detail market analysis providing crucial insights into the market dynamics to take informed business decisions. This market analysis also depicts growth strategy formulation on the basis of opportunities available in the market.

Ballistic Composite Market Dynamics:

There are many driving factors of ballistic composition market growth such as increasing demand in personal protection, growing danger from increasing internal, external quarrels and growing requirement for high strength, lightweight and comfortable materials.  Development and implementation of novel products and technologies and growing mass production of ballistic fibers will create several opportunities for the market players operating in the market today. The biggest challenge is producing durable ballistic composite as per the various threats. Ballistic composites are lightweight composites and durable too. They are resistance to scratches. The use of the composites is increased because there is growing demand for environment-friendly components.  Ballistic composites are made from various fabrics like glass fibers, aramid fibers and UHMPE fibers. These composites are utilized in various application areas like helmets, body armor, face protection and vehicle armor.

Ballistic Composite Market Segmentations by Application, Fiber & Matrix

Based on Application

  • Vehicle Armor
    • Land Vehicle
    • Marine Vehicle
    • Air Vehicle
  • Helmets & Facial Protection
  • Body Armor
    • Shields
    • Body Vests
    • Protective Under Garments
  • Others

Based on Fiber

  • M5
  • UHMPE
  • Glass
  • Others
  • Hybrids
  • Aramid Fibers
    • Para-aramid
    • Meta-aramid

Based on Matrix

  • Polymer matrix composites (PMC)
    • Reinforced Plastics
    • Advanced Composites
  • Polymer Ceramic
  • Metal Matrix

Based on Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

North America is anticipated to obtain huge share in composites market during the forecast period because of the growing demand from the military and law-enforcement segments for ballistic composites and huge spending on military as well as research programs. Presence of several manufacturers of ballistic composites in the region is another main booming factor of market growth. Asia Pacific is also anticipated to grow fast due to the increasing demand for advanced ballistic materials to produce vehicle arm and high military expenditure. The biggest application of ballistic composites is in vehicle armor. These composites are crucially used in the manufacturing of vehicle armors because they provide high protection level against ballistic dangers. Furthermore, ballistic composites provide the properties to vehicle armor such as lightweight and corrosion resistance to ease the maintenance of the vehicle armors.

Competitive Analysis:

Global ballistic composites market consists of several leading industry players, which follow different strategies like agreements, acquisitions, joint ventures, product launches and expansions for strengthening their position and footprints in the market. Some of the prominent competitors presently operating in the ballistic composites market are given below:

  • BAE Systems plc
  • Koninklijke Ten Cate bv
  • Honeywell International Inc.
  • Koninklijke DSM N.V.
  • E. I. du Pont de Nemours and Company
  • Morgan Advanced Materials
  • Southern States, LLC
  • Barrday Corporation
  • PRF Composite Materials
  • Gaffco Ballistics Inc


Location

GEOGRAPHY

PBI Location Map

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX