Rising Demand for Body Armor Fuels Global Ballistic Protection Material Market Expansion at 7.4% CAGR

Over the assessment period, global ballistic protection material demand is projected to surge at a CAGR of 7.4%. The global market value is forecast to increase from US$ 15,330.8 million in 2023 to US$ 31,135.2 million by 2033. Demand remains exceptionally high for aramid fibers like Kevlar, owing to their excellent properties, including lightweight and high strength. The target segment is anticipated to register …