세계의 방탄 복합재료 시장 : 동향, 기회 및 경쟁 분석(2024-2030년)

Ballistic Composites Market Trends and Forecast

The future of the global ballistic composites market looks promising with opportunities in the vehicle armour, body armour, helmet, and face protection applications.The global ballistic composites market is expected to reach an estimated $174 million by 2030 with a CAGR of 5% 2023 to 2030. The major drivers for this market are growing demand for environment-friendly components, increasing demand for lightweight and flexible armor to enable mobility, and rising demand for innovative gadgets.

• Lucintel forecasts that polymer matrix composite will remain the largest segment over the forecast period due to its properties like low weight, high friction, and temperature resistance. Ceramix is expected to witness highest growth over the forecast period.
• Vehicle armour is expected to remain the largest segment due to its benefits like high level of safety, reducing weight and increasing the strength of the materials. Body armour is expected to witness highest growth over the forecast period.
• North America will remain the largest region due to the rising advancement in technology, growing modernization of fighter jet fleet and other military vehicles and growing investment by the government towards military sector in the region. APAC is expected to witness highest growth over the forecast period.

North America will remain the largest region

1. United States: Companies like Northrop Grumman and Lockheed Martin are leading innovations in ballistic defense systems, with Northrop Grumman announcing advancements in missile defense technology. US government aims to enhance ballistic missile defense capabilities under initiatives like the Missile Defense Review.

2. Russia: Russian firms like Almaz-Antey and Tactical Missiles Corporation are investing in ballistic missile systems, with Almaz-Antey introducing new anti-aircraft missile systems. Russian government promotes ballistic missile development through initiatives like the State Armament Program.

3. China: Chinese companies like China Aerospace Science and Technology Corporation (CASC) and Norinco Group are driving innovations in ballistic missile technologies, with CASC announcing advancements in hypersonic missile development. Chinese government aims to strengthen its ballistic missile capabilities under initiatives like the 14th Five-Year Plan.

France: French firms like MBDA and Thales Group are expanding their presence in the ballistic defense market, with MBDA unveiling new surface-to-air missile systems. French government supports ballistic missile defense research through initiatives like the Defense Innovation agency

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Ballistic Composites Market by Segment

The study includes a forecast for the global ballistic composites market by fiber, application, platform, product, end use industry, and region, as follows:

Ballistic Composites Market by Fiber Type [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• Aramid Fiber
• UHMWPE Fiber
• S-Glass Fiber
• Others

Ballistic Composites Market by Application [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• Vehicle Armour
• Body Armour
• Helmet
• Face Protection
• Others

Ballistic Composites Market by Platform Type [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• Land
• Marine
• Airborne

Ballistic Composites Market by Matrix Type [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• Polymer Matrix Composite
• Ceramic Matrix Composite
• Metal Matrix Composite

Ballistic Composites Market by End Use Industry [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• Military
• Homeland Security
• Others

Ballistic Composites Market by Region [Value ($M) and Volume (M lbs) Shipment Analysis for 2018 - 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Ballistic Composites Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ballistic composites companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ballistic composites' companies profiled in this report include.

• Honeywell International Inc.
• Gurit
• Teijin
• DuPont
• Solvay S.A.
• Avient
• CeramTec
• Kolon Industries, Inc.
• Hyosung Corporation
• Yantai Tayho Advanced Materials Co. Ltd.

Recent Developments in Ballistic Composites Market

In 2022, Avient declared the acquisition of DSM's protective material brand Dyneema at a price of $1.4 billion. After this acquisition, Avient plans to search for sales options for their distribution business. Now the company has added a new protection brand, which is a world-renowned DSM Dyneema ultra-lightweight high-performance fiber that is fifteen times stronger than steel and mainly used in extremely demanding applications, namely ballistic protection solutions, marine, infrastructure, wind energy (renewable), industrial, and outdoor sports.

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Features of the Ballistic Composites Market

• Market Size Estimates: Ballistic composites market size estimation in terms of value ($B)
• Trend And Forecast Analysis: Market trends (2018-2023) and forecast (2024-2030) by various segments and regions.
• Segmentation Analysis: Ballistic composites market size by various segments, such as by fiber, application, platform, product, end use industry, and region
• Regional Analysis: Ballistic composites market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities: Analysis on growth opportunities in different by fiber, application, platform, product, end use industry, and regions for the ballistic composites market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the ballistic composites market.
• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the ballistic composites market size?

Answer: The global ballistic composites market is expected to reach an estimated $174 million by 2030.

Q2. What is the growth forecast for ballistic composites market?

Answer: The global ballistic composites market is expected to grow with a CAGR of 5.0% from 2023 to 2030.

Q3. What are the major drivers influencing the growth of the ballistic composites market?

Answer: The major drivers for this market are growing demand for environment-friendly components, increasing demand for lightweight and flexible armor to enable mobility, and rising demand for innovative gadgets.

Q4. What are the major segments for ballistic composites market?

Answer: The future of the ballistic composites market looks promising with opportunities in the vehicle armour, body armour, helmet, and face protection applications.

Q5. Who are the key ballistic composites companies?

Answer: Some of the key ballistic composites' companies are as follows:

• Honeywell International Inc.
• Gurit
• Teijin
• DuPont
• Solvay S.A.
• Avient
• CeramTec
• Kolon Industries, Inc.
• Hyosung Corporation
• Yantai Tayho Advanced Materials Co. Ltd.

Q6. Which ballistic composites segment will be the largest in future?

Answer:Lucintel forecasts that polymer matrix composite will remain the largest segment over the forecast period due to its properties like low weight, high friction, and temperature resistance.

Q7. In ballistic composites market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to the rising advancement in technology, growing modernization of fighter jet fleet and other military vehicles and growing investment by the government towards military sector in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the ballistic composites market by fiber (aramid fiber, UHMWPE fiber, S-glass fiber and others), application (vehicle armour, body armour, helmet, face protection and others), platform (land, marine and airborne), product (polymer matrix composite, ceramic matrix composite, and metal matrix composite), end use industry (military, homeland security, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Ballistic Composites Market: Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1: Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2: Global Ballistic Composites Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Ballistic Composites Market by Fiber
  • 3.3.1: Aramid Fiber
  • 3.3.2: UHMWPE Fiber
  • 3.3.3: S-Glass Fiber
  • 3.3.4: Others
• 3.4: Global Ballistic Composites Market by Application
  • 3.4.1: Vehicle Armour
  • 3.4.2: Body Armour
  • 3.4.3: Helmet
  • 3.4.4: Face Protection
  • 3.4.5: Others
• 3.5: Global Ballistic Composites Market by Platform Type
  • 3.5.1: Flat Panel
  • 3.5.2: Special Shape Panel
• 3.6: Global Ballistic Composites Market by Product
  • 3.6.1: Land
  • 3.6.2: Marine
  • 3.6.3: Airborne
• 3.7: Ballistic Composites Market by Matrix Type
  • 3.7.1: Polymer Matrix Composite
  • 3.7.2: Ceramic Matrix Composite
  • 3.7.3: Metal Matrix Composite
• 3.8: Global Ballistic Composites Market by End Use Industry
  • 3.8.1: Military
  • 3.8.2: Homeland Security
  • 3.8.3: Others

4. Market Trends and Forecast Analysis by Region from 2018-2030

• 4.1: Global Ballistic Composites Market by Region
• 4.2: North American Ballistic Composites Market
  • 4.2.1: North American Ballistic Composites Market by Application: Vehicle Armour, Body Armour, Helmet, Face Protection, and Others
  • 4.2.2: North American Ballistic Composites Market by End Use Industry: Military, Homeland Security, and Others
• 4.3: European Ballistic Composites Market
  • 4.3.1: European Ballistic Composites Market by Application: Vehicle Armour, Body Armour, Helmet, and Others
  • 4.3.2: European Ballistic Composites Market by End Use Industry: Military, Homeland Security, and Others
• 4.4: APAC Ballistic Composites Market
  • 4.4.1: APAC Ballistic Composites Market by Application: Vehicle Armour, Body Armour, Helmet, Face Protection, and Others
  • 4.4.2: APAC Ballistic Composites Market by End Use Industry: Military, Homeland Security, and Others
• 4.5: ROW Ballistic Composites Market
  • 4.5.1: ROW Ballistic Composites Market by Application: Vehicle Armour, Body Armour, Helmet, Face Protection, and Others
  • 4.5.2: ROW Ballistic Composites Market by End Use Industry: Military, Homeland Security, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Ballistic Composites Market by Fiber
  • 6.1.2: Growth Opportunities for the Global Ballistic Composites Market by Application
  • 6.1.3: Growth Opportunities for the Global Ballistic Composites Market by Platform
  • 6.1.4: Growth Opportunities for the Global Ballistic Composites Market by Product
  • 6.1.5: Growth Opportunities for the Global Ballistic Composites Market by End Use Industry
  • 6.1.6: Growth Opportunities for the Global Ballistic Composites Market by Region
• 6.2: Emerging Trends in the Global Ballistic Composites Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Ballistic Composites Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Ballistic Composites Market

7. Company Profiles of Leading Players

• 7.1: Honeywell International Inc.
• 7.2: Gurit
• 7.3: Teijin
• 7.4: DuPont
• 7.5: Solvay S.A.
• 7.6: Avient
• 7.7: CeramTec
• 7.8: Kolon Industries, Inc.
• 7.9: Hyosung Corporation
• 7.10: Yantai Tayho Advanced Materials Co. Ltd.