The Ballistic Composites Market was valued at USD 1.91 billion in 2024, and is projected to reach USD 3.10 billion by 2030, rising at a CAGR of 7.90%.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.
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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.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listings for you to stay ahead of the curve
Why Should You Buy This Report?
- Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Ballistic Composites Market Variables, Trends & Scope
Chapter 4. Ballistic Composites Market: Raw Material Estimates & Trend Analysis
Chapter 5. Ballistic Composites Market: End Use Estimates & Trend Analysis
Chapter 6. Ballistic Composites Market: Regional Estimates & Trend Analysis
Chapter 7. Ballistic Composites Market - Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The major companies featured in this Ballistic Composites market report include:- Honeywell International Inc.
- TEIJIN LIMITED
- BAE Systems
- DuPont
- Avient Corporation
- Morgan Advanced Materials
- 3M
- Saint-Gobain Performance Plastics Corporation
- TenCate Protective Fabrics
- Gurit Services AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | May 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.91 Billion |
Forecasted Market Value ( USD | $ 3.1 Billion |
Compound Annual Growth Rate | 7.9% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |