Product Code: GVR-1-68038-506-9
Ballistic Composites Market Growth & Trends:
The global ballistic composites market size is anticipated to reach USD 3.10 billion by 2030 and expected to expand at a CAGR of 7.9% during the forecast period, according to a new report by Grand View Research, Inc.Governments' focus on enhancing safety and security within defense systems is accelerating the adoption of ballistic composites. These materials offer superior protection while remaining lightweight, making them ideal for military vehicles, armor, and protective gear.
Unstable geopolitical relations and increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient, and advanced combat equipment has been a top priority for most developed and developing countries. This has triggered the use of ballistic composites over the past few years.
Several factors, like the propensity of the composite armor to support the weight of an externally attached component, anchoring composite armor with a platform, and safeguarding ballistic weaknesses at panel joints and corners, are taken into consideration while product design and production are executed.
Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks, and roadside bombs. Thus, the layout of ballistic materials presents challenges familiar to any composites manufacturer.
The key value chain components for the ballistic protective equipment market include raw material suppliers, ballistic equipment manufacturers, and end-users. The raw material suppliers form the first component in the value chain and provide various metals, materials, and fabrics required for producing ballistic protection suits.
Ballistic Composites Market Report Highlights:
- By raw material, the polymer matrix composites segment led the market with the largest revenue share of 49.7% in 2024, attributed totheir lightweight, high-strength, and cost-effective properties.
- The polymer-ceramic matrix composites segment is projected to witness significant growth from 2025 to 2030 due totheir enhanced strength, durability, and resistance to extreme conditions.
- By application, the vehicle armor segment dominated the market with the largest share in 2024, driven bythe growing need for lightweight, durable, and high-performance materials for military and law enforcement vehicles.
- The body armor segment is anticipated to be the fastest-growing segment during the forecast period,fueled byincreasing demand for personal protection in military, law enforcement, and civilian applications.
- North America accounted for the largest revenue share of 38.9% in 2024, propelled bythe region's strong defense infrastructure and increasing demand for advanced protective materials in the military, law enforcement, and aerospace sectors.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Ballistic Composites Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Ballistic Composites Market: Raw Material Estimates & Trend Analysis
- 4.1. Raw Material Segment Dashboard
- 4.2. Ballistic Composites Market: Raw Material Movement Analysis & Market Share, 2024 & 2030
- 4.3. Polymer Matrix Composite
- 4.3.1. Polymer Matrix Composite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Polymer-Ceramic Matrix Composite
- 4.4.1. Polymer-Ceramic Matrix Composite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Metal Matrix Composite
- 4.5.1. Metal Matrix Composite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Ballistic Composites Market: End Use Estimates & Trend Analysis
- 5.1. End Use Segment Dashboard
- 5.2. Ballistic Composites Market: End Use Movement Analysis & Market Share, 2024 & 2030
- 5.3. Vehicle Armor
- 5.3.1. Vehicle Armor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Body Armor
- 5.4.1. Body Armor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Helmets & Face Protection
- 5.5.1. Helmets & Face Protection Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Ballistic Composites Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 6.2. North America
- 6.2.1. North America Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Key Country Dynamics
- 6.2.2.2. U.S. Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Key Country Dynamics
- 6.2.3.2. Canada Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Key Country Dynamics
- 6.2.4.2. Mexico Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.2. U.K.
- 6.3.2.1. Key Country Dynamics
- 6.3.2.2. U.K. Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Key Country Dynamics
- 6.3.3.2. Germany Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. Key Country Dynamics
- 6.3.4.2. France Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Key Country Dynamics
- 6.3.5.2. Italy Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Key Country Dynamics
- 6.3.6.2. Spain Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. Key Country Dynamics
- 6.4.2.2. China Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Key Country Dynamics
- 6.4.3.2. Japan Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. Key Country Dynamics
- 6.4.4.2. India Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Key Country Dynamics
- 6.5.2.2. Brazil Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Key Country Dynamics
- 6.5.3.2. Argentina Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Middles East & Africa Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.6.2. Saudi Arabia
- 6.6.2.1. Key Country Dynamics
- 6.6.2.2. Saudi Arabia Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 6.6.2.3. South Africa
- 6.6.2.3.1. Key Country Dynamics
- 6.6.2.3.2. South Africa Ballistic Composites Market Estimates & Forecast, 2018 - 2030 (USD Million)
Chapter 7. Ballistic Composites Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map
- 7.4. Position Analysis, 2024
- 7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research and Development
- 7.6. Company Profiles
- 7.6.1. Honeywell International Inc.
- 7.6.1.1. Participant's Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Recent Developments
- 7.6.2. TEIJIN LIMITED
- 7.6.2.1. Participant's Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Product Benchmarking
- 7.6.2.4. Recent Developments
- 7.6.3. BAE Systems
- 7.6.3.1. Participant's Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Product Benchmarking
- 7.6.3.4. Recent Developments
- 7.6.4. DuPont
- 7.6.4.1. Participant's Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Product Benchmarking
- 7.6.4.4. Recent Developments
- 7.6.5. Avient Corporation
- 7.6.5.1. Participant's Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Product Benchmarking
- 7.6.5.4. Recent Developments
- 7.6.6. Morgan Advanced Materials
- 7.6.6.1. Participant's Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Product Benchmarking
- 7.6.6.4. Recent Developments
- 7.6.7. 3M
- 7.6.7.1. Participant's Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Product Benchmarking
- 7.6.7.4. Recent Developments
- 7.6.8. Saint-Gobain Performance Plastics Corporation
- 7.6.8.1. Participant's Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Product Benchmarking
- 7.6.8.4. Recent Developments
- 7.6.9. TenCate Protective Fabrics
- 7.6.9.1. Participant's Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Product Benchmarking
- 7.6.9.4. Recent Developments
- 7.6.10. Gurit Services AG
- 7.6.10.1. Participant's Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Product Benchmarking
- 7.6.10.4. Recent Developments