North America the largest Ballistic Protection Materials Market

Ballistic protection materials refer to composite materials which are used in a wide variety of armor applications, including military and law enforcement vests, helmets and vehicle armor; enabling military and law enforcement personnel to be more effective in extreme situations. The sole purpose of ballistic protection materials is to improve the survivability and completion of mission, with minimal loss to human life.

The global ballistic protection materials market is growing significantly, owing to increasing terrorist activities, growing social tension, increasing concern for VIP security, and growth of regional economies. The demand for light weight body armor and need for technological advancement are also offering new growth opportunities for ballistic protection materials market.

Geographically, North America has been the largest market for the ballistic protection materials market in 2017 and is expected to continue being the largest market in the coming years. The technological advancement, investment on R&D, and demand for the light weight armors are the factors contributing to the growth in the region. Owing to increasing security threats, political leader, celebrities and other renowned people are opting for private security service provider, which is positively affecting the commercial security services.

Some of the major competitors operating in the global ballistic protection materials market include Honeywell International, Teijin Limited, ArmorWorks Enterprises LLC, BAE systems, DuPont, Royal TenCate Corporate EMEA, Armorsource LLC, Morgan Advanced Materials PLC, Rheinmetall AG and Australian Defence Apparel Pty Ltd.

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