Data Bridge Market research has recently published the comprehensive business research on Global Ballistic Composites Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Ballistic Composites Market analysis report covers detailed value chain analysis of the market.
Ballistic Composites Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The report assists in outlining brand awareness, market landscape, possible future issues, industry trends and customer behaviour about industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The Ballistic Composites Market business report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.
Ballistic composites market is expected to reach USD 3.09 billion by 2030, which is USD 1.73 billion in 2022, registering a CAGR of 7.50% during the forecast period of 2023 to 2030.
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Ballistic composites are high-performance fibers which are capable of absorbing shock caused by explosions. They contain layered structural composites with polymer matrix reinforced with para-aramid fibers, glass, and carbon to offer enhanced stiffness and strength. These composites are used as raw materials to produce vests, shields, helmets, vehicle and body armors.
Some of the major players operating in the ballistic composites market are:
- DSM (Netherlands)
- DuPont. (U.S.)
- TenCate Protective Fabrics (Netherlands)
- Honeywell International Inc. (U.S.)
- Teijin limited (Japan)
- SOLVAY (Belgium)
- Morgan Advanced Materials (U.K.)
- BAE Systems (U.S.)
- ArmorSource, LLC (U.S.)
- Craig International Ballistics Pty Ltd. (Australia)
- ELMON (Greece)
- MKU Limited (India)
- JPS Composite Materials (U.S.)
- Southern States, LLC (U.S.)
- Gaffco Ballistics (U.S.)
- FY-Composites (Finland)
- Barrday Inc. (Canada)
Recent Development
- In 2022, BAE Systems received a contract from the U.S. Army to perform sustainment and technical support services for its M993 Multiple Launch Rocket System carriers and fleet of Bradley Fighting Vehicles. Under the contract, Sustainment System Technical Support (SSTS) and System Technical Support (STS) teams will provide logistics and on-going engineering services to keep the family of Bradley Fighting Vehicles prepared to support Soldiers’ missions.
- In 2022, BAE Systems received a contract from the U.S. Navy to drydock and perform modernization and maintenance work on the amphibious assault ship named USS Kearsarge (LHD 3). Under this contract, the maintenance availability of USS Kearsarge will start in April. Starting and the 843-foot-long ship will be drydocked for a year at BAE Systems’ Norfolk shipyard.
Global Ballistic Composites Market Scope
The ballistic composites market is segmented on the basis of type, fibre type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Polymer Matrix Composites
- Polymer-Ceramic
- Metal Matrix
Fibre Type
- Aramid Fibres
- Ultra-High-Molecular Polyethylene (UHMPE)
- Glass
- Others
Application
- Vehicle Armour
- Body Armour
- Helmets and Face Protection
- Others
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Ballistic Composites Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Ballistic Composites Market.
Table of Content:
Section 01: Executive Summary
Section 02: Scope of The Report
Section 03: Research Methodology
Section 04: Introduction
Section 05: Market Landscape
Section 06: Market Sizing
Section 07: Five Forces Analysis
Section 08: Market Segmentation by Product
Section 09: Market Segmentation by Application
Section 10: Customer Landscape
Section 11: Market Segmentation by End-User
Section 12: Regional Landscape
Section 13: Decision Framework
Section 14: Drivers and Challenges
Section 15: Market Trends
Section 16: Competitive Landscape
Section 17: Company Profiles
Section 18: Appendix
The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
- What are the key factors driving the Ballistic Composites Market?
- What are the challenges to market growth?
- Who are the key players in the Ballistic Composites Market?
- What are the market opportunities and threats faced by the key players?
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