Global ballistic composites (polymer, polymer-ceramic,

Dublin, Nov. 24, 2022 (GLOBE NEWSWIRE) — The “Global ballistic composite market by fiber type, matrix type (polymer, polymer-ceramic, metal), product (vehicle armor, bulletproof vest, helmet, and face), Platform (Land, Airborne, Marine), Application, and Region – Forecast to 2027” has been added to the report ResearchAndMarkets.com offer.

The global ballistic composite market is projected to grow from USD 2 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 8.6%.

The significant growth of ballistic composites is attributed to increasing demand from military and defense applications. Growing threats from regional conflicts, asymmetric warfare, terrorism and riots are increasing the need for various protective gear as well as safe vehicles to safeguard armed forces especially in disputed regions around the world.

Therefore, military superpowers are focusing on technological advancement and thus expanding ballistic products by increasing defense budgets and investing in the production of various ballistic composites.

Fiber type UHMWPE is the fastest growing fiber type of ballistic composites, in terms of value

UHMWPE fibers are growing significantly and have captured the global ballistic composite market. These fibers are on par with aramid fibers in ballistic protection. They are considered the strongest fibers and widely used in ballistic items such as helmets, vests, plates mainly for personal protection.

The polymer ceramic matrix type is the fastest growing matrix type of ballistic composites, in terms of value

Ballistic polymer-ceramic composites consist of four major components: chip sheet, ceramic, composite structure, and adhesive. In a polymer-ceramic matrix ballistic composite, the ceramic (silicon carbide/alumina) is normally positioned on the impact surface, usually perpendicular to the intended direction of impact. Polymeric fibers, such as polyaramide, polyethylene or polypropylene form the composite support.

Hardening and structural improvement of the individual polymer layers is achieved by impregnation and subsequent hardening of the adhesive. The chemical bond between the ceramic and the composite substrate and/or between the individual polymer layers is critical to the performance of the overall system. Furthermore, the splinter protection (glass fiber laminates) is applied to the front side of the ceramic.

Vehicle armor is the fastest growing product type of ballistic composites, by value

The ballistic composite market is an emerging market with great opportunities in the military and defense sector. The use of ballistic composites in vehicle armor, body armor, helmets and face shields, and other applications. Vehicle armor product type leads the ballistic composite market. Ballistic composites are significantly used for manufacturing vehicle armor as these composites provide a high level of protection against ballistic threats.

Furthermore, the use of ballistic composites in the production of vehicle armor gives them light weight and corrosion resistant properties, which aid in the easy handling and ease of maintenance of vehicle armor.

The aerial platform is the fastest growing ballistic composite platform, by value

Airborne consists of fixed-wing aircraft, helicopters and unmanned aerial vehicles (UAVs). There is a growing demand for aircraft on various aviation platforms for military purposes.

This demand is also attributed to the growing military spending of various countries, such as China, Japan, South Korea and the United States. The UAV segment is expected to witness the highest CAGR during the forecast period. The growth of the airborne segment is mainly attributed to the introduction of UAVs into the battlefield due to the changes in the dynamics of warfare.

Homeland security is the fastest growing application of ballistic composites, by value

Ballistic-resistant bulletproof vests are worn by Homeland Security agents while in the field to protect against specific ballistic threats. Homeland Security officers use personal protective equipment, including bulletproof vests, ballistic helmets, and gloves, to ensure safety during missions. Ballistic helmets are intended to protect the wearer from small arms fire and fragmentation threats.

APAC is the fastest growing ballistic composite market

APAC is expected to be the largest market for ballistic composites during the forecasted years. Due to the high regional tension and land disputes, there is an increase in military spending within this region.

Additionally, the region has been identified as a major export market for armour. The respective governments of various countries in this region are signing contracts with Western countries for technology transfer and cooperation in the defense sector, which is expected to drive the ballistic composite market in the region.

Competitive landscape

Some of the major players in the ballistic composite market are Honeywell Spectra, DSM Dyneema (Netherlands), BAE Systems (UK), Royal Ten Cate (Netherlands), Morgan Advanced Materials (UK), DuPont Protection Technologies (US) , Solvay (Belgium), Gurit (Switzerland), 3M (USA), CoorsTek (USA), Teijin Limited (Japan) and others.

Synthesis

  • Polymer matrix to lead the overall ballistic composite market
  • Vehicle armor product type leading the ballistic composite market
  • Aramid fiber type to lead the ballistic composite market
  • Land platform to dominate the ballistic composite market
  • Military application to lead the overall ballistic composite market
  • North America will be the largest ballistic composite market

Premium insights

  • The military and law enforcement sectors will lead the market for ballistic composites
  • The military was the largest application and North America was the largest region
  • Aramid fiber leads the ballistic composite market
  • Polymer matrix driving the ballistic composite market
  • Vehicle armor product type leading the ballistic composite market
  • Land platform to dominate the ballistic composite market
  • China will be the fastest growing market

Market dynamics

Drivers

  • Growing demand for personnel protection
  • Updates in Battlefield scenarios
  • The need for light, comfortable and high-strength materials

Restrictions

  • Failure to provide complete protection
  • High costs and extremely strict standards
  • Complexity in design

Chance

  • Research and development and mass production of ballistic fiber
  • High growth in the Asia-Pacific region
  • Evolution and Adoption of New Technologies and Products

Challenges

  • Development of durable ballistic composites according to threats

Company profiles

Key players

  • Honeywell International Inc.
  • BAE Systems PLC
  • Royal Ten Cate NV
  • Koninklijke DSM NV
  • Gurit
  • DuPont de Nemours, Inc.
  • Tejin Ltd.
  • Morgan Advanced Materials
  • Southern States LLC
  • Barday Inc.
  • PRF composite materials
  • Gaffco ballistics
  • M Cubed Technologies, Inc.
  • FY-Composites OY
  • MKU Limited

Other key players

  • Indian armour
  • Polion Corporation
  • Coorstek, Inc.
  • GMS composites
  • Rochling group
  • Plasano
  • 3M
  • Reinmetall AG
  • Solvay
  • ArmaturaWorks, Inc.

For more information about this report, please visit https://www.researchandmarkets.com/r/h8ltek

  • Global market for ballistic composites

 
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