Ballistic Composites Market To Grow At Rate Of 7.50% Through 2030| Top Players: DSM (Netherlands), DuPont.(U.S.), TenCate Protective Fabrics (Netherlands)

Market Definition

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.

Data Bridge Market Research analyses that the 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. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

A lot of research and development activities is conducted at the U.S. Army Natick Soldier Research center on ballistic composites in collaboration with fiber and ceramics companies, and other entities, to develop higher-performance and lighter materials that can increase soldiers' performance, mobility, and comfort. Therefore, increasing need for lightweight, comfortable, and high strength protective equipment is expected to increase the market growth.

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)

View the Full Report Here­­ With TOC, Graphs, and Charts: https://www.databridgemarketresearch.com/reports/global-ballistic-composites-market

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

Ballistic Composites Market Regional Analysis/Insights

The ballistic composites market is analyzed and market size insights and trends are provided by country, type, fibre type and application as referenced above.

The countries covered in the ballistic composites market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the ballistic composites market in terms of revenue growth and market share because of high investment in military and defence spending by the government in this region. Furthermore, implementing stringent safety measures by the government is another major factor that will further increase the market growth in this region.

Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the new technology development and the induced focus on high-end combat solutions in this region.

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