The Global Ballistic Composites Market is poised to grow at a CAGR of around 8.3% over the next decade to reach approximately $2.47 billion by 2025. Some of the prominent trends that the market is witnessing include growing research in ballistic fibers and bulk production of ballistic fibers.
Based on application the market is categorized into helmets & face protection, vehicle armor, body armor and other applications. Vehicle Armor segment is further sub segmented into land vehicle armor, air vehicle armor and marine vehicle armor. Body Armor segment is further sub segmented into protective under garments, body vests and shields.
Depending on the matrix type the market is segmented by polymer-ceramic matrix composite (CMC), metal matrix composite (MMC) and polymer matrix composites (PMC).
By fiber type, market is segregated by ultra-high-molecular-weight polyethylene (UHMWPE), aramid, glass and other fiber types. Other Fiber Types segment is further sub segmented into Hybrid and M5.
The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
Growing research in Ballistic Fibers.
Bulk Production of Ballistic Fibers.
Recent technological developments in Ballistic Composites.