Global Ballistic Composites Market Size study & Forecast, by Product (Polymer Matrix, Polymer-Ceramic Matrix, Metal Matrix), by Application (Armor, Helmets & Face Protection, Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Ballistic Composites Market is valued at approximately USD 1.89 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.6% over the forecast period 2022-2029. Ballistic composites are the raw materials that are primarily adopted in the production of vests, helmets, and body and vehicle armors. The ballistic composites offer better performance compared to ballistic materials as they are lightweight, durable, and have high impact resistance and damage tolerance. Factors such as rising demand from the military & defense sector, growing adoption of lightweight, comfortable and high-strength materials, coupled with the increasing internal and external threats in battlefield scenarios are driving market growth around the world.

According to the World Bank, in 2018, military expenditure accounted for 2.1% of GDP, and the percentage increased and climb up to 2.4% of GDP in 2020. Therefore, the rising spending on the military is propelling the demand for ballistic composites, which, in turn, accelerated the market growth globally. In addition, increasing R&D and mass production of ballistic fiber and increasing investment in the evolution of new technologies and products are creating lucrative opportunities for market growth over the forecasting years. However, the lack of complete protection and several complexities associated with designing ballistic composites are hindering market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Ballistic Composites Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the maintenance of security and stringent regulations, along with increasing technological development. Whereas, the Asia Pacific is expected to grow with the highest growth rate during the forecast period. Factors such as rising expenditure by the military industry, as well as growing focus on high-end combat solutions, are burgeoning the market growth in the forecasting years.

Major market players included in this report are:

Honeywell International Inc

Koninklijke DSM N.V.

BAE Systems

Royal Ten Cate

Morgan Advanced Materials

DuPont de Nemours Inc.

Solvay

Teijin Limited

M Cube Technologies Inc.

MKU Limited

Recent Developments in the Market:

In January 2022, North Korea confirmed that the country fired a "Hwasong-12" a mid-range ballistic missile with the aim of testing the weapon quality and proficiency.

Global Ballistic Composites Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Polymer Matrix

Polymer-Ceramic Matrix

Metal Matrix

By Application:

Armor

Helmets & Face Protection

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

ROLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Ballistic Composites Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Ballistic Composites Market, by Product, 2019-2029 (USD Billion)
- 1.2.3. Ballistic Composites Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Ballistic Composites Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Ballistic Composites Market Dynamics

3.1. Ballistic Composites Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand from military & defense sector
  - 3.1.1.2. Increasing internal and external threats in battlefield scenarios
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of complete protection
  - 3.1.2.2. Several complexities are associated with designing of ballistic composites
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing R&D and mass production of ballistic fiber
  - 3.1.3.2. Increasing investment in the evolution of new technologies and products

Chapter 4. Global Ballistic Composites Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Ballistic Composites Market, by Product

6.1. Market Snapshot
6.2. Global Ballistic Composites Market by Product, Performance - Potential Analysis
6.3. Global Ballistic Composites Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Ballistic Composites Market, Sub Segment Analysis
- 6.4.1. Polymer Matrix
- 6.4.2. Polymer-Ceramic Matrix
- 6.4.3. Metal Matrix

Chapter 7. Global Ballistic Composites Market, by Application

7.1. Market Snapshot
7.2. Global Ballistic Composites Market by Application, Performance - Potential Analysis
7.3. Global Ballistic Composites Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Ballistic Composites Market, Sub Segment Analysis
- 7.4.1. Armor
- 7.4.2. Helmets & Face Protection
- 7.4.3. Others

Chapter 8. Global Ballistic Composites Market, Regional Analysis

8.1. Ballistic Composites Market, Regional Market Snapshot
8.2. North America Ballistic Composites Market
- 8.2.1. U.S. Ballistic Composites Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Ballistic Composites Market
8.3. Europe Ballistic Composites Market Snapshot
- 8.3.1. U.K. Ballistic Composites Market
- 8.3.2. Germany Ballistic Composites Market
- 8.3.3. France Ballistic Composites Market
- 8.3.4. Spain Ballistic Composites Market
- 8.3.5. Italy Ballistic Composites Market
- 8.3.6. Rest of Europe Ballistic Composites Market
8.4. Asia-Pacific Ballistic Composites Market Snapshot
- 8.4.1. China Ballistic Composites Market
- 8.4.2. India Ballistic Composites Market
- 8.4.3. Japan Ballistic Composites Market
- 8.4.4. Australia Ballistic Composites Market
- 8.4.5. South Korea Ballistic Composites Market
- 8.4.6. Rest of Asia Pacific Ballistic Composites Market
8.5. Latin America Ballistic Composites Market Snapshot
- 8.5.1. Brazil Ballistic Composites Market
- 8.5.2. Mexico Ballistic Composites Market
- 8.5.3. Rest of Latin America Ballistic Composites Market
8.6. Rest of The World Ballistic Composites Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Honeywell International Inc
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Koninklijke DSM N.V.
- 9.2.3. BAE Systems
- 9.2.4. Royal Ten Cate
- 9.2.5. Morgan Advanced Materials
- 9.2.6. DuPont de Nemours Inc.
- 9.2.7. Solvay
- 9.2.8. Teijin Limited
- 9.2.9. M Cube Technologies Inc.
- 9.2.10. MKU Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Ballistic Composites Market, report scope
TABLE 2. Global Ballistic Composites Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Ballistic Composites Market estimates & forecasts by Product 2019-2029 (USD Billion)
TABLE 4. Global Ballistic Composites Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Ballistic Composites Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Ballistic Composites Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Ballistic Composites Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Ballistic Composites Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Ballistic Composites Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Ballistic Composites Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Ballistic Composites Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Ballistic Composites Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Ballistic Composites Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Ballistic Composites Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Ballistic Composites Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Ballistic Composites Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Ballistic Composites Market
TABLE 70. List of primary sources, used in the study of global Ballistic Composites Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Ballistic Composites Market, research methodology
FIG 2. Global Ballistic Composites Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Ballistic Composites Market, key trends 2021
FIG 5. Global Ballistic Composites Market, growth prospects 2022-2029
FIG 6. Global Ballistic Composites Market, porters 5 force model
FIG 7. Global Ballistic Composites Market, pest analysis
FIG 8. Global Ballistic Composites Market, value chain analysis
FIG 9. Global Ballistic Composites Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Ballistic Composites Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Ballistic Composites Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Ballistic Composites Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Ballistic Composites Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Ballistic Composites Market, regional snapshot 2019 & 2029
FIG 15. North America Ballistic Composites Market 2019 & 2029 (USD Billion)
FIG 16. Europe Ballistic Composites Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Ballistic Composites Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Ballistic Composites Market 2019 & 2029 (USD Billion)
FIG 19. Global Ballistic Composites Market, company Market share analysis (2021)