Ballistic Composites Market to Grow with a CAGR of 7.63% through 2030
Rising
Global Defense Spending is expected to drive the Global Ballistic
Composites Market growth in the forecast period, 2026-2030.
According to
TechSci Research report, “Ballistic
Composites Market - Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”,
the Global Ballistic Composites Market stood at USD 1.89 Billion in 2024 and is
anticipated to grow with a CAGR of 7.63% through 2030. Rising global defense spending is a
major driver of the ballistic composites market, as countries invest heavily in
modernizing their military capabilities and enhancing troop protection. With
defense budgets increasing across major economies including the United
States, China, India, and NATO members, there is growing demand for advanced
protective solutions that offer both performance and weight
reduction. This upward trend in defense expenditure is translating into
larger procurement of next-generation body armor, vehicle protection
systems, ballistic helmets, and structural reinforcement components, all of
which rely on high-performance composite materials.
Governments
are also placing greater emphasis on domestic production and innovation,
creating opportunities for composite manufacturers to expand operations and
develop materials that meet evolving ballistic and operational requirements. As
military and security agencies prioritize safety, agility, and durability,
ballistic composites remain central to defense modernization strategies
worldwide.
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Ballistic Composites Market”
Global Ballistic
Composites Market is segmented into fibre type, matrix type, application, regional
distribution, and company.
Based on fibre
type, Aramid fibers emerged
as the dominating segment in the global market for Ballistic Composites in 2024. This is due to
their exceptional balance of high strength, low weight, and proven ballistic
protection performance. Materials such as Kevlar and Twaron are specifically
engineered to absorb and disperse the energy from ballistic threats, making
them ideal for body armor, helmets, and vehicle protection systems. Their
thermal stability, resistance to abrasion, and ability to maintain structural
integrity under extreme conditions further enhance their suitability for
military and law enforcement applications. In addition, continuous innovation
by leading manufacturers such as DuPont and Teijin has led to the development
of next-generation aramid solutions that offer improved flexibility, comfort,
and multi-hit resistance. These advancements, combined with strong brand
recognition and established supply chains, have reinforced aramid fibers as the
preferred choice for high-performance ballistic protection globally. As defense
and security sectors prioritize lightweight, reliable armor systems, aramid
fibers remain at the forefront of market demand.
Based on Region,
the Asia Pacific emerged as the fastest growing region in the global market for
Ballistic Composites in 2024. This is due to a combination of rising
defense budgets, regional geopolitical tensions, growing domestic defense
manufacturing, and increasing demand for personal protection equipment.
Countries such as India, China, South Korea, and Japan are heavily
investing in modernizing their armed forces, acquiring advanced armor systems,
and developing indigenous defense capabilities under initiatives like
India’s Make in India and China's Made in China 2025. The region
is also witnessing rapid urbanization and internal security concerns,
driving demand for ballistic protection among police forces and paramilitary
units. Additionally, the presence of emerging manufacturers and increased
collaboration between governments, research institutions, and private defense
firms are accelerating innovation and production of lightweight, high-strength
ballistic composite materials. These factors, combined with favorable
regulatory policies and rising exports, make Asia Pacific the fastest-growing
region in the global ballistic composites market.
Major companies
operating in Global Ballistic
Composites Market are:
- Barrday
Corporation
- Royal
DSM NV
- DuPont
de Nemours, Inc.
- FY
Composites OY
- Gurit
Holding AG
- Honeywell
International Inc.
- MKU
Limited
- Koninklijke
Ten Cate BV
- Southern
States LLC
- Teijin
Limited
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“The ballistic composites market is
poised for steady growth, driven not only by rising defense budgets but also by
increasing demand for lightweight, multi-functional protective solutions across
both military and civilian sectors. Beyond traditional applications, the market
is expanding into areas such as law enforcement, homeland security, and
critical infrastructure protection. Additionally, innovation in polymer-ceramic
hybrids and sustainable composite materials is creating new commercial
opportunities. However, high production costs and strict regulatory standards
remain challenges. Strategic partnerships, localized manufacturing, and
continued R&D investment will be key to gaining a competitive edge and
addressing evolving end-user requirements globally”, said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based
management consulting firm.
“Ballistic
Composites Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Fibre Type (Aramid Fibres, UHMPE, Glass and
Others), By Matrix Type (Polymer Matrix Composites, Polymer-Ceramic, and Metal
Matrix), By Application (Vehicle Armor, Body Armor, Helmets & Face
Protection, Others), By Region and Competition, 2020-2030F”,
has evaluated the future growth potential of Global Ballistic Composites Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Ballistic Composites Market.
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