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Ballistic Composites Market - Global Industry Analysis

Ballistic Composites Market - By Type (Polymer-Ceramic, Metal Matrix, and Polymer Matrix Composites), By Fiber Type (UHMPE, Aramid Fibers, Glass, and Others), By Application (Vehicle Armor, Body Armor, Helmets & Face Protection, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 09-Oct-2020 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-3026 Status : Published

Global Ballistic Composites market, which accrued revenue worth 1.5 (USD Billion) in 2019 and anticipated to garner earnings about 2.2 (USD Billion) by 2026, is set to grow at a CAGR of nearly 6.5% during the period from 2020 to 2026.

Description

The global Ballistic Composites market, which accrued revenue worth 1.5 (USD Billion) in 2019 and anticipated to garner earnings about 2.2 (USD Billion) by 2026, is set to grow at a CAGR of nearly 6.5% during the period from 2020 to 2026. The report offers valuation and analysis of the Ballistic Composites market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on value (USD Billion).

Introduction

Ballistic composites are the raw substances used in myriad defense applications like vehicle armors, vests, and helmets. These materials absorb the impact energy caused as a result of explosives. These products are mainly utilized by defense and law enforcement agencies. Moreover, ballistic composites are fulfilling the demand for protective gear and other advanced defense equipment. Apart from this, massive popularity of lightweight and flexible defense armors that helps in enabling mobility will steer the expansion of ballistic composites industry.

Market Growth Dynamics

Surge in spending on defense & military activities due to rising competition between various countries will propel the market trends. Apart from this, escalating requirement for new gadgets & equipment with constant technological breakthroughs will pave a way for the expansion of the ballistic composites industry over the estimated timeframe.  In addition to this, beneficial features like outstanding thermal characteristics, high dynamic energy absorption, and high modulus will crop up the expansion of the business in the foreseeable future. Large-scale usage of the product in army vehicles for offering protection to the personnel in the vehicles for providing safety will prompt the business growth over the forthcoming years. Escalating demand for strong defense force in each country across the globe is anticipated to boost the market size over the ensuing years. Nonetheless, huge costs involved in the purchase of the ballistic protection equipment will impede the product sales over the ensuing years.    

North America To Account For Major Market Share By 2026

The expansion of the industry in the region over the forecast timeline is due to surge in the budget allocation for defense & military activities along with huge focus on security maintenance in the countries like the U.S. Apart from this, introduction of strict laws by the U.S. government for ensuring safety of the military forces will prompt the regional market growth over the forecast timespan. Furthermore, many of the military programs like armored multipurpose vehicle and joint light tactical vehicle carried out by the U.S. authorities will spearhead the scope of the market in the North American continent over the forecasting period.

Key players influencing the market growth are  BAE Systems; MKU Limited; Honeywell International Inc.; DSM; ArmorSource; Royal Ten Cate NV; Dupont; Gurit; Morgan Advanced Materials; FY Composites OY; M Cubed Technologies, Inc.; Teijin; Barrday Corporation; Southern States LLC; Gaffco Ballistics; PRF Composites; and Elmon.

The global ballistic composites market is segmented as follows:

By type:

  • Polymer-Ceramic
  • Polymer Matrix Composites
  • Metal Matrix

By fiber type:

  • UHMPE
  • Aramid Fibers
  • Glass
  • Others
    • Polymer-Ceramic
    • M5

By application:

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

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Ballistic Composites Market, 2016–2026 (USD Billion)
    • 2.2. Ballistic Composites Market: Snapshot
  • Chapter 3. Global Ballistic Composites Market– Industry Analysis
    • 3.1. Ballistic Composites Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Surge in spending on defense & military activities due to rising competition between various countries will propel the market trends.
      • 3.2.2. Large-scale usage of the product in army vehicles for offering protection to the personnel in the vehicles for providing safety will prompt the business growth over the forthcoming years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Fiber Type
      • 3.4.3. Market attractiveness analysis By Type
  • Chapter 4. Global Ballistic Composites Market– Competitive Market
    • 4.1. Company market share analysis
      • 4.1.1. Global Ballistic Composites Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Ballistic Composites Market–Application Analysis
    • 5.1. Global Ballistic Composites Market overview: By Application
      • 5.1.1. Global Ballistic Composites Market share, By Application,2019 and 2026
    • 5.2. Vehicle Armor
      • 5.2.1. Global Ballistic Composites Market by Vehicle Armor, 2016–2026 (USD Billion)
    • 5.3. Body Armor
      • 5.3.1. Global Ballistic Composites Market by Body Armor, 2016–2026 (USD Billion)
    • 5.4. Helmets & Face Protection
      • 5.4.1. Global Ballistic Composites Market by Helmets & Face Protection, 2016–2026 (USD Billion)
    • 5.5. Others
      • 5.5.1. Global Ballistic Composites Market by Others, 2016–2026 (USD Billion)
  • Chapter 6. Global Ballistic Composites Market– Fiber Type Analysis
    • 6.1. Global Ballistic Composites Market overview: By Fiber Type
      • 6.1.1. Global Ballistic Composites Market share, By Fiber Type , 2019 and 2026
    • 6.2. UHMPE
      • 6.2.1. Global Ballistic Composites Market By UHMPE, 2016–2026 (USD Billion)
    • 6.3. Aramid Fibers
      • 6.3.1. Global Ballistic Composites Market By Aramid Fibers, 2016–2026 (USD Billion)
    • 6.4. Glass
      • 6.4.1. Global Ballistic Composites Market By Glass, 2016–2026 (USD Billion)
    • 6.5. Others
      • 6.5.1. Global Ballistic Composites Market By Others, 2016–2026 (USD Billion)
  • Chapter 7. Global Ballistic Composites Market– Type Analysis
    • 7.1. Global Ballistic Composites Market overview: By Type
      • 7.1.1. Global Ballistic Composites Market share, By Type, 2019 and 2026
    • 7.2. Pulymer-Ceramic
      • 7.2.1. Global Ballistic Composites Market By Pulymer-Ceramic, 2016–2026 (USD Billion)
    • 7.3. Metal Matrix
      • 7.3.1. Global Ballistic Composites Market By Metal Matrix, 2016–2026 (USD Billion)
    • 7.4. Pulymer Matrix Composites
      • 7.4.1. Global Ballistic Composites Market By Pulymer Matrix Composites, 2016–2026 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. BAE Systems
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Honeywell International Inc.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. DSM
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Royal Ten Cate NV
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Dupont
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Gurit
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. Morgan
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Advanced Materials
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product Portfolio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. Teijin
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product Portfolio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Barrday Corporation
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product Portfolio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. Southern States LLC
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Product Portfolio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. Gaffco Ballistics
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Product Portfolio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development
    • 8.13. PRF Composites
      • 8.13.1. Overview
      • 8.13.2. Financials
      • 8.13.3. Product Portfolio
      • 8.13.4. Business Strategy
      • 8.13.5. Recent Development
    • 8.14. FY Composites OY
      • 8.14.1. Overview
      • 8.14.2. Financials
      • 8.14.3. Product Portfolio
      • 8.14.4. Business Strategy
      • 8.14.5. Recent Development
    • 8.15. M Cubed Technulogies, Inc.
      • 8.15.1. Overview
      • 8.15.2. Financials
      • 8.15.3. Product Portfolio
      • 8.15.4. Business Strategy
      • 8.15.5. Recent Development
    • 8.16. ArmorSource
      • 8.16.1. Overview
      • 8.16.2. Financials
      • 8.16.3. Product Portfolio
      • 8.16.4. Business Strategy
      • 8.16.5. Recent Development
    • 8.17. MKU Limited
      • 8.17.1. Overview
      • 8.17.2. Financials
      • 8.17.3. Product Portfolio
      • 8.17.4. Business Strategy
      • 8.17.5. Recent Development
    • 8.18. Elmon
      • 8.18.1. Overview
      • 8.18.2. Financials
      • 8.18.3. Product Portfolio
      • 8.18.4. Business Strategy
      • 8.18.5. Recent Development

List of Figures

1. Market research process
2. Market research methodology
3. Global Ballistic Composites Market, 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Ballistic Composites Market attractiveness, By Application 
6. Global Ballistic Composites Market attractiveness, By Fiber Type 
7. Global Ballistic Composites Market attractiveness, By Type  
8. Global Ballistic Composites Market share, By Application, 2019 and 2026
9. Global Ballistic Composites Market by Vehicle Armor, 2016–2026 (USD Billion)
10. Global Ballistic Composites Market by  Body Armor ,2016–2026 (USD Billion)
11. Global Ballistic Composites Market by  Helmets & Face Protection,2016–2026 (USD Billion)
12. Global Ballistic Composites Market by  Others,2016–2026 (USD Billion)
13. Global Ballistic Composites Market Share by Fiber Type,2019 and 2026 (USD Billion)
14. Global Ballistic Composites Market by UHMPE,2016–2026 (USD Billion)
15. Global Ballistic Composites Market by Aramid Fibers,2016–2026 (USD Billion)
16. Global Ballistic Composites Market by Glass,2016–2026 (USD Billion)
17. Global Ballistic Composites Market by Others,2016–2026 (USD Billion)
18. Global Ballistic Composites Market Share by Type ,2019 and 2026 (USD Billion)
19. Global Ballistic Composites Market by Polymer-Ceramic ,2016–2026 (USD Billion)
20. Global Ballistic Composites Market by Metal Matrix ,2016–2026 (USD Billion)
21. Global Ballistic Composites Market by Polymer Matrix Composites,2016–2026 (USD Billion)
22. Global Ballistic Composites Market share, by Region, 2019 and 2026
23. North America Ballistic Composites Market, 2016–2026 (USD Billion)
24. Europe Ballistic Composites Market, 2016–2026 (USD Billion)
25. Asia Pacific Ballistic Composites Market, 2016–2026 (USD Billion)
26. Latin America Ballistic Composites Market, 2016–2026 (USD Billion)
27. The Middle East and Africa Ballistic Composites Market, 2016–2026 (USD Billion)


List of Tables

1. Global Ballistic Composites Market: snapshot
2. Drivers of the Ballistic Composites Market: impact analysis
3. North America Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
4. North America Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
5. North America Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
6. The U.S. Ballistic Composites Market revenue, By Application, 2016–2026 (USD Billion)
7. The U.S. Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
8. The U.S. Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
9. Rest of North America Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
10. Rest of North America Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
11. Rest of North America Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
12. Europe Ballistic Composites Market revenue, By Application, 2016–2026 (USD Billion)
13. Europe Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
14. Europe Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
15. UK Ballistic Composites Market revenue, By Application ,2016–2026 (USD Billion)
16. UK Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
17. UK Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
18. France Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
19. France Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
20. France Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
21. Germany Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
22. Germany Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
23. Germany Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
24. Rest of Europe Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
25. Rest of Europe Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
26. Rest of Europe Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
27. Asia Pacific Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
28. Asia Pacific Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
29. Asia Pacifics Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
30. China Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
31. China Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
32. China Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
33. Japan Ballistic Composites Market revenue, By Application, 2016–2026 (USD Billion)
34. Japan Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
35. Japan Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
36. India Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
37. India Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
38. India Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
39. Rest of Asia Pacific Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
40. Rest of Asia Pacific Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
41. Rest of Asia Pacific Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
42. Latin America Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
43. Latin America Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
44. Latin America Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
45. Brazil Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
46. Brazil Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
47. Brazil Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
48. Rest of Latin America Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
49. Rest of Latin America Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
50. Rest of Latin America Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
51. The Middle East and Africa Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
52. The Middle East and Africa Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
53. The Middle East and Africa Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
54. Saudi Arabia Ballistic Composites Market revenue, By Application, 2016–2026 (USD Billion)
55. Saudi Arabia Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
56. Saudi Arabia Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
57. South Africa Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
58. South Africa Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
59. South Africa Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)
60. Rest of the Middle East & Africa Ballistic Composites Market revenue, By Application,2016–2026 (USD Billion)
61. Rest of the Middle East & Africa Ballistic Composites Market revenue, By Fiber Type ,2016–2026 (USD Billion)
62. Rest of the Middle East & Africa Ballistic Composites Market revenue, By Type , 2016–2026 (USD Billion)


 
 

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FrequentlyAsked Questions

Surge in spending on defense & military activities due to rising competition between various countries will propel the market trends. Apart from this, escalating requirement for new gadgets & equipment with constant technological breakthroughs will pave a way for the expansion of the ballistic composites industry over the estimated timeframe.  In addition to this, beneficial features like outstanding thermal characteristics, high dynamic energy absorption, and high modulus will crop up the expansion of the business in the foreseeable future.

According to Zion market research report, the global Ballistic Composites market, which accrued revenue worth 1.5 (USD Billion) in 2019 and anticipated to garner earnings about 2.2 (USD Billion) by 2026, is set to grow at a CAGR of nearly 6.5% during the period from 2020 to 2026.

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the regional market over 2020-2026 can be credited to surge in the budget allocation for defense & military activities along with huge focus on security maintenance in the countries like the U.S. Apart from this, introduction of strict laws by the U.S. government for ensuring safety of the military forces will prompt the regional market growth over the forecast timespan. Furthermore, many of the military programs like armored multipurpose vehicle and joint light tactical vehicle carried out by the U.S. authorities will spearhead the scope of the market in the North American continent over the forecasting period.

The key players profiled in the report include BAE Systems; Honeywell International Inc.; DSM; Royal Ten Cate NV; Dupont; Gurit; Morgan Advanced Materials; Teijin; Barrday Corporation; Southern States LLC; Gaffco Ballistics; PRF Composites; FY Composites OY; M Cubed Technologies, Inc.; ArmorSource; MKU Limited; and Elmon.

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