The Ballistic Composites Market Is Expected To Grow By $2.44 billion During The Forecast Period

Ballistic composites are used in a variety of military applications, including police jackets, helmets, and body and vehicle armour. The impact energy generated by explosives is absorbed by these materials. Military and law enforcement agencies are the primary users of ballistic composites. These composites are only available to civilians because numerous countries have restrictions and regulations prohibiting civilians from carrying armour. As a result, market growth is likely to be limited.


Ballistic Composites Market size is expected to reach $2.44 billion by 2025, expanding at an annual rate of 8% between 2020 and 2025. The increased demand for ballistic composites from the defence industry is projected to boost market expansion. The automotive industry, which uses ballistic composites for vehicle protection, is another major contributor.


The growing demand for ballistic composites in personal protection due to their lightweight and high strength qualities is propelling the ballistic composites market forward. The conflicts in Iraq and Afghanistan, for example, are the result of tremendous private-sector investment to counter ever-increasing global threats and meet the military's demand for lighter materials. Soldiers are now better protected against new ballistic threats, with the overall weight of body armour reduced while comfort increased. New military vehicles are no longer solely armoured with steel, but rather with lightweight ballistic materials that extend the distance a vehicle can go without refuelling while also improving mobility.


From fibre manufacture to commercial goods and testing, lightweight ballistic composites aid in the weight reduction of military vehicles, allowing for greater mobility. In the projected years, this aspect will propel the ballistic composites market forward. In terms of application, the vehicle armour category represented the greatest proportion of the ballistic composites market. Ballistic composites are used in vehicle armour to provide high-level protection against ballistic hits and to defend the lives of military troops in these vehicles. Soldiers and security personnel need to be able to move around freely while wearing protective vests that provide them with a high level of protection. These materials are commonly used for vehicle armour applications due to the high level of safety they provide.


With a market share of more than 42%, APAC leads the ballistic composites industry, followed by North America and Europe. The economy of APAC is mostly driven by the economic dynamics of nations such as China and India, although the current scenario is changing due to increased foreign direct investment for the economic development of Southeast Asia. The automotive industry is booming in Southeast Asian countries.


BAE Systems, Barrday Corporation, DSM, Dupont, FY Composites OY, Gaffco Ballistics, Gurit, Honeywell International Inc., M Cubed Technologies, Inc., MKU Limited, Morgan Advanced Materials, PRF Composites, Royal Ten Cate NV, Southern States LLC, and Teiji are the major key players in the Ballistic Composites Market.

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