Global Ballistic Composites Market, Size, Trends, By Type (Polymer Matrix Composites, Polymer-Ceramic and Metal Matrix), By Fibre Type (Aramid Fibres, Ultra-High-Molecular Polyethylene (UHMPE), Glass and Others), By Application (Vehicle Armour, Body Armour, Helmets and Face Protection and Others) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Ballistic Composites Market
With a CAGR of 6.59 % from 2023 to 2030, the Global Ballistic Composites Market is expected to grow from its estimated value of US$ 1.85 Bn in 2022 to US$ 3.40 Bn by 2030.
High-performance fibres called ballistic composites can withstand the impact from explosions. To increase stiffness and strength, they include multilayer structural composites with polymer matrices reinforced with para-aramid fibres, glass, and carbon. These composites serve as the starting point for the creation of body armour, helmets, shields, and vests.
Market Drivers
Growing terrorist threats and cross-border fighting have compelled military organisations to purchase ballistic composite-based equipment for the security and safety of military personnel. For instance, the U.S. government granted Koninklijke TenCate a contract in 2019 for the company to provide improved small arms protection inserts (ESAPI). ESAPI is a ceramic trauma plate used in bulletproof vests to guard against high velocity armor-piercing shots. It is mostly produced using ballistic composite. These expenditures on ballistic protection plates will probably boost demand for ballistic composite and propel market expansion.
Due to qualities like low weight, temperature resistance, and high friction, polymer matrix composite is in great demand. These composites are utilised in body armour, protective clothing, and helmets. Polymer matrix composites are frequently employed because of their straightforward production processes. The demand for ballistic composites is likely to rise as a result of the favourable and advantageous qualities of polymer matrix composites, which are also anticipated to influence the market's growth rate.
Market Restraints
The low demand for ballistic composite due to the high cost of ballistic protection equipment is anticipated to impede the development of ballistic composite throughout the forecast period. High gear weight also reduces a soldier's mobility, which lowers demand for ballistic composites and restrains the industry's expansion further.
Market Segmentation
The scope of the Global Ballistic Composites Market covers segmentation based on By Type, By Fibre Type, By Application and By Region.
By Type, the market is segmented into Polymer Matrix Composites, Polymer-Ceramic and Metal Matrix. By Fibre Type, the market is segmented into Aramid Fibres, Ultra-High-Molecular Polyethylene (UHMPE), Glass and Others. By Application, the market is segmented into Vehicle Armour, Body Armour, Helmets and Face Protection and Others.
Regional Analysis
The Global Ballistic Composites Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In terms of revenue growth and market share, North America is anticipated to dominate the ballistic composites market due to the region's significant government investment in the military and defence sector. Another important element that will contribute to the market expansion in this region is the government's implementation of strict safety regulations.
Due to its emphasis on high-end combat solutions and the development of new technologies, Asia-Pacific is predicted to experience the quickest growth during the projection period.
Key Players
DSM, DuPont., Honeywell International Inc., Teijin limited, SOLVAY, BAE Systems, ELMON, MKU Limited, Gaffco Ballistics, Barrday Inc.
Market Taxonomy
By Type
• Polymer Matrix Composites
• Polymer-Ceramic
• Metal Matrix
Fibre Type
• Aramid Fibres
• Ultra-High-Molecular Polyethylene (UHMPE)
• Glass
• Others
By Application
• Vehicle Armour
• Body Armour
• Helmets and Face Protection
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Ceramic foams are used to reduce pollution, primarily from engine exhaust particles. Due to the presence of gaps that both trap these pollution particulates and aid the catalyst in oxidising captured particulates, ceramic foams are useful for controlling pollution. These pollution particles can be effectively disseminated throughout the entire foam and can be removed from ceramic foam with ease. As a result, the market is projected to develop as ceramic foams are increasingly used to reduce pollution.
Castings of copper alloys, cast iron, bronze, and brass are filtered using ceramic foams, which also provide a good casting surface. In addition, controlling scrap at the conclusion of filtering is a challenge for the foundry sector. The scrap generation is greatly reduced using ceramic foam-based filters like Molten Metal Filtration and Exhaust Filters. As a result, rising demand for ceramic foams in the foundry sector will continue to fuel market expansion.
Market Restraints
The availability of alternatives like expanded polystyrene insulation (EPS), extruded polystyrene insulation (EPS), and refractory ceramic fibres (RCFs) is anticipated to restrain the expansion of the ceramic foam market. Since these alternatives can provide comparable insulating benefits across other industries. Additionally, the alternatives offer a number of advantages like excellent dimensional stability, heat and cold resistance, fire protection, and water repellency and prevention. These alternatives therefore pose a significant obstacle to market expansion during the anticipated term.
Market Segmentation
The scope of the Global Ballistic Composites Market covers segmentation based on By Type, By Application, By End Use and By Region.
By Type, the market is segmented into Zirconium Oxide, Silicon Carbide, Aluminum Oxide, Titanium Oxide and Others. By Application, the market is segmented into Molten Metal Filtration, Thermal and Acoustic Insulation, Automotive Exhaust Filters, Furnace Lining, Catalyst Support and Others. By End Use , the market is segmented into Food Industry, Chemical Synthesis and Pollution Control, Building and Construction, Biological Application s, Aviation, Automotive and Other.
Regional Analysis
The Global Ballistic Composites Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the rising metal casting output, particularly in China and India in this region, Asia-Pacific is predicted to dominate the ceramic foams market in terms of revenue growth and market share. The market expansion in this region will also be boosted by rising building and construction activity and a large-scale manufacturing base.
Due to its rapid growth in the construction industry and breakthroughs in ceramic foam processing technology, Europe is anticipated to see the quickest growth throughout the projection period.
Key Players
Honeywell International Inc., SAINT-GOBAIN, CoorsTek, Inc., Applied Ceramics, CeramTec GmbH, Kyocera Corporation, Morgan Advanced Application s, NGK SPARK PLUG CO., LTD, McDanel Advanced Ceramic Technologies, Rauschert GmbH.
Market Taxonomy
By Type
• Zirconium Oxide
• Silicon Carbide
• Aluminum Oxide
• Titanium Oxide
• Others
By Application
• Molten Metal Filtration
• Thermal and Acoustic Insulation
• Automotive Exhaust Filters
• Furnace Lining
• Catalyst Support
• Others
By Application
• Food Industry
• Chemical Synthesis and Pollution Control
• Building and Construction
• Biological Application s
• Aviation
• Automotive
• Other
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Ballistic Composites Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Ballistic Composites Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Ballistic Composites Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Ballistic Composites Market Share Analysis, By Type
5.3 Global Ballistic Composites Market Size and Forecast, By Type
5.3.1 Polymer Matrix Composites
5.3.2 Polymer-Ceramic
5.3.3 Metal Matrix
6 Global Ballistic Composites Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Ballistic Composites Market Share Analysis, By Application
6.3 Global Ballistic Composites Market Size and Forecast, By Application
6.3.1 Aramid Fibres
6.3.2 Ultra-High-Molecular Polyethylene (UHMPE)
6.3.3 Glass
6.3.4 Others
7 Global Ballistic Composites Market, By End Use
7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Ballistic Composites Market Share Analysis, By End Use
7.3 Global Ballistic Composites Market Size and Forecast, By End Use
7.3.1 Vehicle Armour
7.2.2 Body Armour
7.2.3 Helmets and Face Protection
7.2.4 Others
8 Global Ballistic Composites Market, By Region
8.1 Global Ballistic Composites Market Share Analysis, By Region
8.2 Global Ballistic Composites Market Size and Forecast, By Region
8.3 Global Ballistic Composites Market Trends and Forecast, By Region
9 North America Ballistic Composites Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Ballistic Composites Market Share Analysis, By Type
9.3 North America Ballistic Composites Market Size and Forecast, By Application
9.4 North America Ballistic Composites Market Size and Forecast, By End Use
9.5 North America Ballistic Composites Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Application
9.5.1.3. Market Size and Forecast, By End Use
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Application
9.5.2.3. Market Size and Forecast, By End Use
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Application
9.5.3.3. Market Size and Forecast, By End Use
10 Europe Ballistic Composites Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Ballistic Composites Market Share Analysis, By Type
10.3 Europe Ballistic Composites Market Size and Forecast, By Application
10.4 Europe Ballistic Composites Market Size and Forecast, By End Use
10.5 Europe Ballistic Composites Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Application
10.5.1.3. Market Size and Forecast, By End Use
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Application
10.5.2.3. Market Size and Forecast, By End Use
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Application
10.5.3.3. Market Size and Forecast, By End Use
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Application
10.5.4.3. Market Size and Forecast, By End Use
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Application
10.5.5.3. Market Size and Forecast, By End Use
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Application
10.5.6.3. Market Size and Forecast, By End Use
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Application
10.5.7.3. Market Size and Forecast, By End Use
11 Asia Pacific Ballistic Composites Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Ballistic Composites Market Share Analysis, By Type
11.3 Asia Pacific Ballistic Composites Market Size and Forecast, By Application
11.4 Asia Pacific Ballistic Composites Market Size and Forecast, By End Use
11.5 Asia Pacific Ballistic Composites Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Application
11.5.1.3. Market Size and Forecast, By End Use
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Application
11.5.2.3. Market Size and Forecast, By End Use
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Application
11.5.3.3. Market Size and Forecast, By End Use
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Application
11.5.4.3. Market Size and Forecast, By End Use
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Application
11.5.5.3. Market Size and Forecast, By End Use
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Application
11.5.6.3. Market Size and Forecast, By End Use
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Application
11.5.7.3. Market Size and Forecast, By End Use
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Application
11.5.8.3. Market Size and Forecast, By End Use
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Application
11.5.9.3. Market Size and Forecast, By End Use
12 Latin America Ballistic Composites Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Ballistic Composites Market Share Analysis, By Type
12.3 Latin America Ballistic Composites Market Size and Forecast, By Application
12.4 Latin America Ballistic Composites Market Size and Forecast, By End Use
12.5 Latin America Ballistic Composites Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Application
12.5.1.3. Market Size and Forecast, By End Use
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Application
12.5.2.3. Market Size and Forecast, By End Use
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Application
12.5.3.3. Market Size and Forecast, By End Use
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Application
12.5.4.3. Market Size and Forecast, By End Use
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Application
12.5.5.3. Market Size and Forecast, By End Use
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Application
12.5.6.3. Market Size and Forecast, By End Use
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Application
12.5.7.3. Market Size and Forecast, By End Use
13 Middle East Ballistic Composites Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Ballistic Composites Market Share Analysis, By Type
13.3 Middle East Ballistic Composites Market Size and Forecast, By Application
13.4 Middle East Ballistic Composites Market Size and Forecast, By End Use
13.5 Middle East Ballistic Composites Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Application
13.5.1.3. Market Size and Forecast, By End Use
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Application
13.5.2.3. Market Size and Forecast, By End Use
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Application
13.5.3.3. Market Size and Forecast, By End Use
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Application
13.5.4.3. Market Size and Forecast, By End Use
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Application
13.5.5.3 Market Size and Forecast, By End Use
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Type
13.5.6.2 Market Size and Forecast, By Application
13.5.6.3 Market Size and Forecast, By End Use
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 DSM
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. DuPont
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Honeywell International Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Teijin limited
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SOLVAY
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 BAE Systems
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ELMON
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 MKU Limited
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Gaffco Ballistics
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Barrday Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
