Global Ballistic Protection Materials Market to Witness 5.2% CAGR During 2016 - 2022: P&S Market Research

Jul 04, 2016, 07:30 ET from P&S Market Research

NEW YORK, July 4, 2016 /PRNewswire/ --

According to market research "Global Ballistic Protection Materials Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Personal Protective Equipment, Vehicle Armor), by Material (Aramid, Glass, Carbon Fiber Composite, Lexan, Plastic) by End-Use (Defense, Homeland Security, Commercial)" by P&S Market Research, the global ballistic protection materials market was valued at $8.8 billion in 2015, and it is expected to grow at a CAGR of 5.2% during 2016 - 2022.

     (Logo: )

The factors driving the growth of the global market includes increasing terrorist activities, growing social tension, increasing concern for VIP security, and growth in regional economies. Additionally, the demand for light weight body armor and technological advancement in the field of protection materials is expected to further propel the demand of ballistic protection materials. Globally, the growing terrorist attacks and security issues is boosting the growth of the global ballistic protection materials market.

Explore Report Description with Detailed TOC at:

Ballistic protection materials are protective clothing, which is used to defend individuals or soldiers from bullets, ammos and fragments of exploded materials. Additionally, the development of new and more lethal weapons has resulted into requirement for light weight protective clothing, which can increase the mobility, agility of human body, and protect it from severe injuries. Due to increasing demand for better protective clothing and soft armors, the global companies are investing largely in R&D activities to develop and manufacture innovative material, which can be used in the manufacturing of ballistic protective equipment.

Browse Related Research:

In 2015, North America held the largest share (40.2%) in the global ballistic protection materials market. The ballistic protection materials market in the region is anticipated to grow significantly during the forecast period. The major reasons behind the growth of the ballistic protection materials market is due to increasing internal threats and increasing demand for vehicle armor in commercial vehicle. Europe held the second largest share in global market. Moreover, the demand for ballistic protection materials in Asia-Pacific is expected to increase rapidly, owing to increasing armed conflicts and crossed border threats. Additionally, the defense modernization program implemented by various countries, such as China, India, Philippines, and Malaysia is further boosting the demand of ballistic protection materials.

Some of the major competitors operating in the global ballistic protection materials market include Teijin Limited, Honeywell International, BAE systems, ArmorWorks Enterprises LLC, Royal TenCate Corporate EMEA, DuPont, Morgan Advanced Materials PLC, Armorsource LLC, Australian Defence Apparel Pty Ltd., and Rheinmetall AG.


By Type 

> Personal Protective Equipment

- Protective Headgear

- Hard Armor

- Soft Armor

> Vehicle Armor

By Material 

  • Aramid
  • Glass
  • Carbon Fiber Composite
  • Lexan
  • Plastic

By End-Use 

> Defense

- Armed Forces
- Air Force 
- Naval

> Homeland Security

> Commercial

By Region 

> North America

- U.S.
- Canada
- Rest of North America

> Europe
- Germany
- France
- Spain
- U.K.
- Rest of Europe

> Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific

> Rest of the World

Other Latest Publication by P&S Market Research 

Water Treatment Chemicals Market -

Acrylic Surface Coating Market -

Pour Point Depressant Market -

About P&S Market Research 

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)


SOURCE P&S Market Research