Ballistic Composites Market Size To Reach $3.10 Billion By 2030

May 2025 | Report Format: Electronic (PDF)

Ballistic Composites Market Growth & Trends

The global ballistic composites market size is anticipated to reach USD 3.10 billion by 2030 and expected to expand at a CAGR of 7.9% during the forecast period, according to a new report by Grand View Research, Inc.Governments' focus on enhancing safety and security within defense systems is accelerating the adoption of ballistic composites. These materials offer superior protection while remaining lightweight, making them ideal for military vehicles, armor, and protective gear.

Unstable geopolitical relations and increasing cross-border tensions have forced nations to strengthen their defense units. Providing lightweight, efficient, and advanced combat equipment has been a top priority for most developed and developing countries. This has triggered the use of ballistic composites over the past few years.

Several factors, like the propensity of the composite armor to support the weight of an externally attached component, anchoring composite armor with a platform, and safeguarding ballistic weaknesses at panel joints and corners, are taken into consideration while product design and production are executed.

Ballistic vests are envisioned to deflect bullets from several types of guns, while armored vehicles must withstand projectiles, shells fired from tanks, and roadside bombs. Thus, the layout of ballistic materials presents challenges familiar to any composites manufacturer.

The key value chain components for the ballistic protective equipment market include raw material suppliers, ballistic equipment manufacturers, and end-users. The raw material suppliers form the first component in the value chain and provide various metals, materials, and fabrics required for producing ballistic protection suits.

key Request a free sample copy or view report summary: Ballistic Composites Market Report

Ballistic Composites Market Report Highlights

By raw material, the polymer matrix composites segment led the market with the largest revenue share of 49.7% in 2024, attributed totheir lightweight, high-strength, and cost-effective properties.
The polymer-ceramic matrix composites segment is projected to witness significant growth from 2025 to 2030 due totheir enhanced strength, durability, and resistance to extreme conditions.
By application, the vehicle armor segment dominated the market with the largest share in 2024, driven bythe growing need for lightweight, durable, and high-performance materials for military and law enforcement vehicles.
The body armor segment is anticipated to be the fastest-growing segment during the forecast period,fueled byincreasing demand for personal protection in military, law enforcement, and civilian applications.
North America accounted for the largest revenue share of 38.9% in 2024, propelled bythe region's strong defense infrastructure and increasing demand for advanced protective materials in the military, law enforcement, and aerospace sectors.