1. Market Research
  2. > Aerospace and Defense Market Trends
Global Ballistic Protection Materials Market Size, Share, Development, Growth and Demand Forecast to 2022  Industry Insights by Type, by Material by End-Use

Global Ballistic Protection Materials Market Size, Share, Development, Growth and Demand Forecast to 2022 Industry Insights by Type, by Material by End-Use

  • November 2016
  • 116 pages
  • ID: 4402410
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

The ballistic protection materials market is increasing significantly and offering huge growth potential. Globally, the increasing violence, insurgency and terrorist activities are generating huge demand for ballistic protection materials. Ballistic protection materials are the protective clothing, used to protect the soldiers, law enforcement forces, and vehicles from bullets, falling glass materials, explosive materials, mines, mortar and other hazardous materials. The companies are investing heavily in R&D activities to develop and manufacture innovative material that can reduce the weight of the armors, to increase the ability, agility, and mobility of soldiers.

Ballistic Protection Materials Market

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. The growth driving factors in the global ballistic protection materials 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.

Between the two types, the personal protective equipment held the larger share in global ballistic protection materials market. Among the various end-uses of ballistic protection materials, the defence segment significantly held the larger share in the global market in 2015. The reason behind the huge consumption of ballistic protection materials in defence segment is due the increasing conflict of defence personnel with anti-social elements and terrorists. The governments are spending heavily on army modernization to protect the society from terrorist’s threats.

North America held the largest share (40.2% in terms of value in 2015) in the global ballistic protection materials market. The region is expected to witness significant growth during the forecast period, owing to the increasing internal and external threats and demand of vehicle armor in commercial vehicles. Asia-Pacific is expected to witness the rapid growth during 2016 – 2022, in terms of value. Europe held the second largest share in global ballistic protection materials market, Owing to increasing armed conflicts and crossed border threats. Additionally, defence modernization programme implemented by various countries, such as China, India, Philippines, and Malaysia is further boosting the demand of ballistic protection materials. Africa has been exposed to long era of militancy and insurgency problems; which would offer ample growth opportunities for the global ballistic protection materials market. The region is expected to witness positive growth during the forecast period, due to the increasing demand for personal protective equipment and armored vehicles.

Some of the major competitors operating in the global ballistic protection material 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.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Film Adhesives Industry

Global Film Adhesives Industry

  • $ 4950
  • February 2020

Film Adhesives market worldwide is projected to grow by US$513.2 Million, driven by a compounded growth of 5.2%. Epoxy, one of the segments analyzed and sized in this study, displays the potential to grow ...

Global Metallized Film Market Analysis & Trends - Industry Forecast to 2028

Global Metallized Film Market Analysis & Trends - Industry Forecast to 2028

  • $ 4200
  • January 2020

The Global Metallized Film Market is poised to grow strong during the forecast period 2018 to 2028.Some of the prominent trends that the market is witnessing include increasing use of metallized film in ...

Morocco Lubricants Market - Growth, Trends, and Forecast (2020 - 2025)

Morocco Lubricants Market - Growth, Trends, and Forecast (2020 - 2025)

  • $ 3250
  • February 2020

Market OverviewThe market for Morocco lubricants market is expected to grow at a CAGR less than 3% during the forecast period. The major factor driving the growth of the market studied is the positive ...

MDI and TDI Companies in China $ 1800 January 2020


ref:plp2016

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on