Ballistic Composites Market Overview

The report is titled ‘Ballistic Composites Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the ballistic composites market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The ballistic composites market is expected to grow at a significant rate in the near future.

The ballistic composites market size was valued at US$ 1.8 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2020 to 2028.

Ballistic Composites Market Definition

Ballistic armour can be understood as an inclusive term for a preventive coating of material that safeguards an object or person from projectiles. As a matter of fact, there is no solitary armour system that can guard and preserve against all menaces. This indicates that there are numerous solutions that can be employed solely or in coalition. The usual requirement of the entire system is to disperse the projectile force with minimum wreck to the objective.

Ballistic composites are comprehensively employed owing to their numerous beneficial properties including lightweight, resistive, and damage tolerant attributes. The usage of ballistic composites is essentially witnessed amongst military troops, as the substance is utilized for the manufacturing of diverse military appurtenances like vest, shields, body armor and other elements. Ballistic composites are also employed in helicopters, planes, tanks and other means of transport.

Ballistic Composites Market Dynamics

Development of advanced ballistic composites, in the modern day and age, with improved properties of material used in manufacturing comprising lightweight, resistive, and damage tolerant attributes is majorly driving the demand of ballistic composites across the global markets. Owing to which, the global ballistic composites market is projected to grow substantially in the years to come.

However, at the same time, the complex process of designing and manufacturing ballistic composites is likely to impede the growth of the global ballistic composites market in the forthcoming years. Although, the growing demand of personal protection among the population worldwide is yet expected to boost the growth of the global ballistic composites market in the near future.

Moreover, the rising research and development and mass manufacturing of ballistic fibers is also estimated to propel the market to flourish in the coming years.

Ballistic Composites Market Segmentation

The ballistic composites market is segmented on the basis of fiber type, matrix type, application, and region.

By Fiber Type

Aramid

UHMWPE

Glass

Others

By Matrix Type

Polymer

Polymer-ceramic

Metal

By Application

Vehicle Armor

Body Armor

Helmets & Face Protection

Others

By Region

North America

Latin America

Europe

Africa

Middle East

Asia Pacific

Ballistic Composites Market Key Players

The key participating players of the global ballistic composites market include Honeywell Spectra, DSM Dyneema, BAE Systems, Royal Tencate, Morgan Advanced Materials, DuPont Protection Technologies, Solvay, Gurit, 3M, CoorsTek, Teijin Limited, among others.

MMC Overview on Ballistic Composites Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Ballistic Composites market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Ballistic Composites

Advantages of Ballistic Composites

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.

1.    Global Ballistic Composites Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Ballistic Composites Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Ballistic Composites Market Snapshot

2.4.    Global Ballistic Composites Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Ballistic Composites Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Ballistic Composites Assessment and Analysis

3.1.    Ballistic Composites Impact Analysis 

3.2.    Actions to encourage use of Ballistic Composites

3.3.    Ballistic Composites Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    Potential Analysis

4.    Covid-19 Impact on Ballistic Composites Market

5.    Global Ballistic Composites Market, By Fiber Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Fiber Type

5.1.2.    BPS Analysis, By Fiber Type

5.2.    Market Revenue (US$Mn) and Forecast, By Fiber Type

5.2.1.    Aramid

5.2.2.    UHMWPE

5.2.3.    Glass

5.2.4.    Others

5.3.    Global Ballistic Composites Market Attractiveness Index, By Fiber Type

6.    Global Ballistic Composites Market, By Matrix Type 

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Matrix Type

6.1.2.    BPS Analysis, By Matrix Type

6.2.    Market Revenue (US$Mn) and Forecast, By Matrix Type

6.2.1.    Polymer

6.2.2.    Polymer-ceramic

6.2.3.    Metal

6.3.    Global Ballistic Composites Market Attractiveness Index, By Matrix Type

7.    Global Ballistic Composites Market, By Application

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Application

7.1.2.    BPS Analysis, By Application

7.2.    Market Revenue (US$Mn) and Forecast, By Application

7.2.1.    Vehicle armor

7.2.2.    Body armor

7.2.3.    Helmets & face protection

7.2.4.    Others

7.3.    Global Ballistic Composites Market Attractiveness Index, By Application

8.    Global Ballistic Composites Market, By Region

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Region

8.1.2.    BPS Analysis, By Region

8.2.    Market Revenue (US$Mn) and Forecast, By Region

8.2.1.    North America

8.2.2.    Latin America

8.2.3.    Europe

8.2.4.    Asia Pacific

8.2.5.    Middle East 

8.2.6.    Africa

8.3.    Global Ballistic Composites Market Attractiveness Index, By Region

9.    North America Ballistic Composites Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market Revenue (US$Mn) and Forecast, By Country

9.2.1.    U.S. Ballistic Composites Market

9.2.2.    Canada Ballistic Composites Market

9.3.    North America Ballistic Composites Market, By Fiber Type

9.3.1.    Aramid

9.3.2.    UHMWPE

9.3.3.    Glass

9.3.4.    Others

9.4.    North America Ballistic Composites Market, By Matrix Type 

9.4.1.    Polymer

9.4.2.    Polymer-ceramic

9.4.3.    Metal

9.5.    North America Ballistic Composites Market, By Application

9.5.1.    Vehicle armor

9.5.2.    Body armor

9.5.3.    Helmets & face protection

9.5.4.    Others

9.6.    North America Ballistic Composites Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Fiber Type

9.6.3.    By Matrix Type

9.6.4.    By Application

10.    Latin America Ballistic Composites Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    Brazil Ballistic Composites Market

10.2.2.    Mexico Ballistic Composites Market

10.2.3.    Rest Of Latin America Ballistic Composites Market

10.3.    Latin America Ballistic Composites Market, By Fiber Type

10.3.1.    Aramid

10.3.2.    UHMWPE

10.3.3.    Glass

10.3.4.    Others

10.4.    Latin America Ballistic Composites Market, By Matrix Type 

10.4.1.    Polymer

10.4.2.    Polymer-ceramic

10.4.3.    Metal

10.5.    Latin America Ballistic Composites Market, By Application

10.5.1.    Vehicle armor

10.5.2.    Body armor

10.5.3.    Helmets & face protection

10.5.4.    Others

10.6.    Latin America Ballistic Composites Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Fiber Type

10.6.3.    By Matrix Type

10.6.4.    By Application

11.    Europe Ballistic Composites Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    U.K. Ballistic Composites Market

11.2.2.    Germany Ballistic Composites Market

11.2.3.    Italy Ballistic Composites Market

11.2.4.    France Ballistic Composites Market

11.2.5.    Spain Ballistic Composites Market

11.2.6.    Russia Ballistic Composites Market

11.2.7.    Rest Of Europe Ballistic Composites Market

11.3.    Europe Ballistic Composites Market, By Fiber Type

11.3.1.    Aramid

11.3.2.    UHMWPE

11.3.3.    Glass

11.3.4.    Others

11.4.    Europe Ballistic Composites Market, By Matrix Type 

11.4.1.    Polymer

11.4.2.    Polymer-ceramic

11.4.3.    Metal

11.5.    Europe Ballistic Composites Market, By Application

11.5.1.    Vehicle armor

11.5.2.    Body armor

11.5.3.    Helmets & face protection

11.5.4.    Others

11.6.    Europe Ballistic Composites Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Fiber Type

11.6.3.    By Matrix Type

11.6.4.    By Application

12.    Asia Pacific Ballistic Composites Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    China Ballistic Composites Market

12.2.2.    India Ballistic Composites Market

12.2.3.    Japan Ballistic Composites Market

12.2.4.    Australia and New Zealand Ballistic Composites Market

12.2.5.    South Korea Ballistic Composites Market

12.2.6.    Rest of Asia Pacific Ballistic Composites Market

12.3.    Asia Pacific Ballistic Composites Market, By Fiber Type

12.3.1.    Aramid

12.3.2.    UHMWPE

12.3.3.    Glass

12.3.4.    Others

12.4.    Asia Pacific Ballistic Composites Market, By Matrix Type 

12.4.1.    Polymer

12.4.2.    Polymer-ceramic

12.4.3.    Metal

12.5.    Asia Pacific Ballistic Composites Market, By Application

12.5.1.    Vehicle armor

12.5.2.    Body armor

12.5.3.    Helmets & face protection

12.5.4.    Others

12.6.    Asia Pacific Ballistic Composites Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Fiber Type

12.6.3.    By Matrix Type

12.6.4.    By Application

13.    Middle East Ballistic Composites Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    GCC Countries Ballistic Composites Market

13.2.2.    Israel Ballistic Composites Market

13.2.3.    Rest Of Middle East Ballistic Composites Market

13.3.    Middle East Ballistic Composites Market, By Fiber Type

13.3.1.    Aramid

13.3.2.    UHMWPE

13.3.3.    Glass

13.3.4.    Others

13.4.    Middle East Ballistic Composites Market, By Matrix Type 

13.4.1.    Polymer

13.4.2.    Polymer-ceramic

13.4.3.    Metal

13.5.    Middle East Ballistic Composites Market, By Application

13.5.1.    Vehicle armor

13.5.2.    Body armor

13.5.3.    Helmets & face protection

13.5.4.    Others

13.6.    Middle East Ballistic Composites Market Attractiveness Index

13.6.1.    By Country

13.6.2.    By Fiber Type

13.6.3.    By Matrix Type

13.6.4.    By Application

14.    Africa Ballistic Composites Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    South Africa Countries Ballistic Composites Market

14.2.2.    Egypt Ballistic Composites Market

14.2.3.    North Africa Ballistic Composites Market

14.2.4.    Rest of Africa Ballistic Composites Market

14.3.    Africa Ballistic Composites Market, By Fiber Type

14.3.1.    Aramid

14.3.2.    UHMWPE

14.3.3.    Glass

14.3.4.    Others

14.4.    Africa Ballistic Composites Market, By Matrix Type 

14.4.1.    Polymer

14.4.2.    Polymer-ceramic

14.4.3.    Metal

14.5.    Africa Ballistic Composites Market, By Application

14.5.1.    Vehicle armor

14.5.2.    Body armor

14.5.3.    Helmets & face protection

14.5.4.    Others

14.6.    Africa Ballistic Composites Market Attractiveness Index

14.6.1.    By Country

14.6.2.    By Fiber Type

14.6.3.    By Matrix Type

14.6.4.    By Application

15.    Competitive Landscape

15.1.    Company Profiles

15.1.1.    Honeywell Spectra

15.1.1.1.    Company Overview

15.1.1.2.    Financial Overview

15.1.1.3.    Key Developments

15.1.1.4.    Strategies

15.1.1.5.    Product Analysis

15.1.2.    DSM Dyneema

15.1.3.    BAE Systems

15.1.4.    Royal Tencate

15.1.5.    Morgan Advanced Materials

15.1.6.    DuPont Protection Technologies

15.1.7.    Solvay

15.1.8.    Gurit

15.1.9.    3M

15.1.10.    CoorsTek

15.1.11.    Teijin Limited

16.    Acronyms