Title: Ballistic Protection Materials & Equipment Market Trends Report & Forecast, 2019 – 2025; Global Market Insights, Inc.
1Ballistic Protection Materials Equipment Market
Growth, Application Analysis from 2019 to 2025
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2Global Market Scenario of Ballistic Protection
Materials Equipment Market
- Ballistic Protection Materials Equipment Market
size will surpass USD 2.4 billion by 2025
according to a new research report by Global
Market Insights, Inc. - Growing terrorism in different countries across
the globe is anticipated to make a subsequent
positive influence on the ballistic protection
materials equipment market size by 2025. For
instance, sensitive geopolitical scenarios are
creating internal and external tensions across
the national and international boundaries of the
different countries across the world. - Additionally, regional governments of developing
countries are increasing their defense budget
with focus on ballistic protection of the
militaries and citizens. The abovementioned
trends along with growing safety concerns across
the globe is probable to continue and anticipated
to boost the overall ballistic protection market
size for materials and equipment by 2025. - Stringent regulations against VOC emission is
probable to remain the crucial restrictive factor
in the growth of global ballistic protection
material equipment market size in the forecast
time period. - Despite the stringent regulation, strong product
demand from defense law enforcement and
homeland security applications is predictable to
trigger the overall ballistic protection
materials equipment market size by 2025.
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3Continue-
- Materials used in ballistic protection mainly
include aramid, glass fiber and thermoplastic,
carbon fiber composite, ceramic and wool, jute
and metal among the others. - Among these materials aramid contributed maximum
market share and generated revenue over USD 510
million in 2018, this segment is projected to
rise with highest CAGR around 5 during the
forecast period. Twaron, Nomex and Kevlar are few
of the popular brands of aramid which are used in
the manufacturing of ballistic protection
equipment globally.
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4U.S. Ballistic Protection Market by Materials
Equipment, 2014 - 2025 (USD Million)
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5360 Industry Analysis
- On the basis of equipment, ballistic protection
materials and equipment market size has been
segregated into protective vests and jackets,
helmet, shields, and others including gloves,
shoes, etc. Protective vests jackets are
produced from strongly woven aramid and other
fibers and contains ballistic plate put in into
for better performance. Protective vests and
jacket captured the largest share of the total
industry share in 2018, due to its increasing
demand from defense law enforcement as well as
homeland security and law enforcement. These
trends are anticipated to make noteworthy
contribution to the overall ballistic protection
materials equipment market size by 2025.
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6- Regional Analysis
- At present, North America is the market leader
projected to grow at CAGR around 4.5. In terms
of volume, North America held approximately 30
of the overall industry share in 2018. It is
majorly credited to the strong safety standards
and thereby high military expenditure in the
region. On the other hand, Europe market size was
valued close to USD 500 million in 2018 and is
likely to project healthy gains in the forecast
timeframe. - Competitive Analysis
- Global ballistic protection materials equipment
market is extremely competitive in nature with
major prominent players contributing close to 50
of the total market share in 2018. Major players
are DuPont, Teijin Limited, Texas Armoring
Corporation, Honeywell International, DSM,
Protective Enterprises LLC, Homeland Security
Group, Armor Holdings, Protech Solutions, etc.
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7 Latest Research Report On Industry Trends
Ballistic Protection Materials Equipment
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