Ballistic Composites Market

Ballistic Composites Market Segmented by Global Industry Insights, Trends,
Outlook, and Opportunity Analysis Till 2026
Ballistic composites are the raw materials for several military applications such
as law enforcement vests, helmets, and body and vehicle armors. These
materials absorb the impact energy caused by explosives. Ballistic composites
are predominantly used by military and law enforcement organizations. These
composites are restricted to use by civilians, as several countries have rules and
regulations barring civilians from possessing armors in most countries. This in
turn, is expected to restrain growth of the market. Advancements in technology
related to combat weapons and explosives over the recent past is increasing the
threat at the battlefield. This in turn is increasing the demand for protective
equipment to counter highly enhanced weapons, thus boosting growth of the
ballistic composites market. Moreover, increasing demand for lightweight and
flexible armor to enable mobility is augmenting market growth.
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Aramids are synthetic high performance fibers that have rigid polymer chains.
These fibers offer heat resistant properties, due to which they are widely used in
aerospace applications. Growing aerospace industry is expected to boost
demand for these fibers. Glass fiber are transparent and are resistant to
penetration. They are commonly used to make bulletproof glasses for
automobiles and buildings. M5 fiber is used for a special purpose body armor
due to its flame and thermal resistance. It is comparatively lighter than other
fibers.
Polymer matrix composites (PMC) and polymer ceramics possess good abrasion
and corrosion resistance, due to which they are used in brake components, gas
ducts, gas turbines, and heat shield systems of aircraft. Metal matrix are more
expensive as compared to PMC and polymer ceramics, however, they are used
for manufacturing tank and aircraft armors.
Asia Pacific is the fastest growing market for ballistic composites. China is
expected to increase its military spending by 7% from US$ 210 billion to US$
224.7 billion over the following years. Escalating tensions in the South China
Sea between China, Taiwan, Philippines, Vietnam, Malaysia, and Brunei has led
to increased defense spending, which has further boosted growth of the ballistic
composites market. The Indian Army in 2017, procured 160,000 bulletproof
helmets made of Kevlar, which is a para-aramid fiber.
Some of the major players operating in the global ballistic composite market
include BAE Systems, Barrday Corporation, DSM, Dupont, FY Composites
OY, Gaffco Ballistics, Gurit, Honeywell International Inc., M Cubed
Technologies, Inc., MKU Limited, Morgan Advanced Materials, PRF
Composites, Royal Ten Cate NV, Southern States LLC, and Teiji.
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Asia Pacific is the fastest growing market for ballistic composites. China is expected to increase its military spending by 7% from US$ 210 billion to US$ 224.7 billion over the following years.

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