• Blog
  • Ballistic Composites Market

    Ballistic Composites Market

    Ballistic Composites Market
    Report code - SRAD248 Delivery - 2 Weeks

    Ballistic Composites Market Size, Share, Trend, Forecast, &a See more...

    Purchase Report
    notch

    Ballistic Composites Market Insights

    Ballistic composites market is likely to witness an impressive CAGR of 7.6% during the forecast period. The growing demand for ballistic composites in personal safety owing to their high strength and lightweight properties drives the ballistic composites market globally.

    Ballistic Composites Market - Snapshot

    Growth

    7.6% for the next five years

    Major Fiber Type

    Aramid

    Major Matrix Type

    Polymer

    Dominant Application Type

    Vehicle armor

    Region with the highest demand

    North America

    Key Players

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

     

    Wish to Get a Free Sample? Click here.

    Ballistic Composites Market Share: By Fiber Type

    Based on the fiber type, the market is segmented as aramid fiber, UHMPE fiber, glass fiber, and others. The aramid fiber segment held the largest share of the market in 2018, and is expected to remain dominant during the forecast period owing to its extensive use in the helmets, shields, and vest protection applications.

    Ballistic Composites Market Share: By Matrix Type

    Based on the matrix type, the market is segmented as polymer matrix, polymer-ceramic, and metal matrix. The polymer matrix segment is expected to remain dominant during the forecast period owing to its exceptional properties such as lightweight, temperature-resistant, low friction and high durability. Polymer matrix are extensively used in applications such as helmets and body vests.

    Ballistic Composites Market Share: By Application Type

    Based on the application type, the ballistic composites market is segmented as vehicle armor, body armor, helmets & face protection, and others. The vehicle armor segment leads the market as there is an enormous need to protect the vehicles from missiles, bullets, grenades and other ammunitions.  Further, the lightweight property of composite materials in the military vehicles leads to better fuel efficiency and ease in mobility.

    Ballistic Composites Market Share: By Region

    In terms of regions, North America is estimated to lead the ballistic composites market during the forecast period. The USA is the growth engine of the region’s market owing to the world’s largest defense spending, significant investment towards research and development, and presence of a large number of ballistic composite suppliers. Asia-Pacific is expected to witness the highest growth during the forecast period owing to increasing defense budget, offset policies in countries such as India, rising tension among the countries in the region, and growing demand for advanced materials for body and vehicle armor.

    Some of the major ballistic composite manufacturers are Honeywell International Inc., BAE Systems plc, Koninklijke Ten Cate bv, Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, Morgan Advanced Materials, Southern States, LLC, Barrday Corporation, PRF Composite Materials, and Gaffco Ballistics Inc.

     

    Market Scope & Segmentation

    Ballistic composites are light in weight and durable in nature and are highly resistant to damages. With the increase in demand for environment-friendly components, the use of such composites has also increased over time now.

    Ballistic composites are made up of different fabric options such as aramid fibers, glass fibers, UHMPE fibers, and others. They are used in different application areas such as vehicle armor, body armor, face protection, helmets, and others.

    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.

    Ballistic Composites Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The ballistic composites market is segmented into the following categories. 

    Ballistic Composites Market Size, Share, & Forecast, by Fiber Type:

    • Aramid Fibers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • UHMPE Fibers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Glass Fibers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ballistic Composites Market Size, Share, & Forecast, by Matrix Type:

    • Polymer Matrix Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polymer-Ceramic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal Matrix (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ballistic Composites Market Size, Share, & Forecast, by Application Type:

    • Vehicle Armor 
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Marine Vehicle Armor, Land Vehicle Armor, and Air Vehicle Armor)
    • Body Armor
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Body Vests, Shields, and Protective Under Garments)
    • Helmets & Face Protection (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ballistic Composites Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    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.

     

    Report Features

    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:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the fiber types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    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]


    •   

      Why are We Class Apart?

      No One Does Better in Aerospace Market Research Than Us

      Largest Number of Premium Studies in Aerospace Industry

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across Aerospace Value Chain

      Track the Latest Trends in Aerospace Industry

      Know High Growth Opportunities