Market Overview:
The global plastic bullets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic bullets from military and law enforcement applications. In addition, the growing demand for toy applications is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. Based on type, polyoxymethylene is expected to be one of the fastest-growing segments in this market during 2018-2030 owing to its superior properties such as toughness and abrasion resistance.
Product Definition:
A plastic bullet is a type of ammunition made up of hard plastic. It is used for riot control and crowd control because it can be fired at close range without causing serious injury.
Polyoxymethylene:
Polyoxymethylene (POM) is a synthetic non-toxic thermoplastic polymer. It has the ability to retain its physical and chemical properties even after being recycled several times. POM is used in manufacturing plastic bullets, which are designed for self-defense purposes by civilians as well as law enforcement personnel.
Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer:
Polyester urethane-methylene bis (phenylisocyanate) copolymer is a synthetic polymer, which is manufactured by the reaction of polyester resin and methylene diphenyl diisocyanate. It has high resistance to chemicals, moisture and temperature.
Application Insights:
The military application segment led the global plastic bullets market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The use of these products by armed forces for training or real-life shooting situations is expected to propel their demand from military applications.
The law enforcement segment accounted for more than 25% of the global revenue share in 2017 and is also anticipated to be one of the fastest-growing segments over the forecast period owing to increasing cases of crime across various countries worldwide. Plastic bullets are used by police departments as less expensive alternatives compared with rubber or live ammunition; they are also eco-friendly as no metal parts are involved during manufacturing process like bullet jackets do with lead core materials. These factors are expected to drive their demand from law enforcement applications over next seven years.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing military operations and border disputes between countries, such as Mexico and U.S., leading to the procurement of bullets for use by law enforcement agencies from both nations. The region is expected to continue its dominance over the forecast period owing to rising demand for plastic bullets from other regions, such as Asia Pacific and Latin America, on account of their low cost as compared to live ammunition alternatives used by law enforcement agencies worldwide.
Asia Pacific regional market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from the defense sector for lightweight and durable bullets that can pierce through armor
- Rising awareness about the benefits of plastic bullets over conventional metal ones among law enforcement agencies and security personnel
- Growing popularity of plastic bullets among civilians for self-defense purposes
- Technological advancements in manufacturing processes that have led to the development of more accurate and reliable plastic bullets
- Rising demand from emerging markets in Asia Pacific, Latin America, and Africa
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Bullets Market Research Report
By Type
Polyoxymethylene, Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer, Others
By Application
Military, Law Enforcement, Toy, Others
By Companies
Vista Outdoors, Nonlethal Technologies, Combined Systems, Companhia Brasileira De Cartuchos (CBC), Fiocchi Munizioni, Federal Ammunition, Rheinmetall, Lightfield Ammunition, Security Devices International, The Safariland Group, Vista Outdoors, Sage Control Ordnance, Nobel Sport Security, Olin Corporation, Verney-Carron, Maxam Outdoors, Industrial Cartridge, China North Industries Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Bullets Market Report Segments:
The global Plastic Bullets market is segmented on the basis of:
Types
Polyoxymethylene, Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Law Enforcement, Toy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vista Outdoors
- Nonlethal Technologies
- Combined Systems
- Companhia Brasileira De Cartuchos (CBC)
- Fiocchi Munizioni
- Federal Ammunition
- Rheinmetall
- Lightfield Ammunition
- Security Devices International
- The Safariland Group
- Vista Outdoors
- Sage Control Ordnance
- Nobel Sport Security
- Olin Corporation
- Verney-Carron
- Maxam Outdoors
- Industrial Cartridge
- China North Industries Corporation
Highlights of The Plastic Bullets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyoxymethylene
- Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
- Others
- By Application:
- Military
- Law Enforcement
- Toy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Plastic Bullets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Plastic bullets are projectiles made from plastic that are designed to be fired from a firearm. They are often used as training rounds or for target practice.
Some of the major players in the plastic bullets market are Vista Outdoors, Nonlethal Technologies, Combined Systems, Companhia Brasileira De Cartuchos (CBC), Fiocchi Munizioni, Federal Ammunition, Rheinmetall, Lightfield Ammunition, Security Devices International, The Safariland Group, Vista Outdoors, Sage Control Ordnance, Nobel Sport Security, Olin Corporation, Verney-Carron, Maxam Outdoors, Industrial Cartridge, China North Industries Corporation.
The plastic bullets market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastic Bullets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Plastic Bullets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastic Bullets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Plastic Bullets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Plastic Bullets Market Size & Forecast, 2018-2028
4.5.1 Plastic Bullets Market Size and Y-o-Y Growth
4.5.2 Plastic Bullets Market Absolute $ Opportunity
Chapter 5 Global Plastic Bullets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Plastic Bullets Market Size Forecast by Type
5.2.1 Polyoxymethylene
5.2.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastic Bullets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Plastic Bullets Market Size Forecast by Applications
6.2.1 Military
6.2.2 Law Enforcement
6.2.3 Toy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastic Bullets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Plastic Bullets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Plastic Bullets Analysis and Forecast
9.1 Introduction
9.2 North America Plastic Bullets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Plastic Bullets Market Size Forecast by Type
9.6.1 Polyoxymethylene
9.6.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Plastic Bullets Market Size Forecast by Applications
9.10.1 Military
9.10.2 Law Enforcement
9.10.3 Toy
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Plastic Bullets Analysis and Forecast
10.1 Introduction
10.2 Europe Plastic Bullets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Plastic Bullets Market Size Forecast by Type
10.6.1 Polyoxymethylene
10.6.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Plastic Bullets Market Size Forecast by Applications
10.10.1 Military
10.10.2 Law Enforcement
10.10.3 Toy
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Plastic Bullets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastic Bullets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Plastic Bullets Market Size Forecast by Type
11.6.1 Polyoxymethylene
11.6.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Plastic Bullets Market Size Forecast by Applications
11.10.1 Military
11.10.2 Law Enforcement
11.10.3 Toy
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Plastic Bullets Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastic Bullets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Plastic Bullets Market Size Forecast by Type
12.6.1 Polyoxymethylene
12.6.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Plastic Bullets Market Size Forecast by Applications
12.10.1 Military
12.10.2 Law Enforcement
12.10.3 Toy
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Plastic Bullets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastic Bullets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Plastic Bullets Market Size Forecast by Type
13.6.1 Polyoxymethylene
13.6.2 Polyester Urethane-methylenebis(Phenylisocyanate) Copolymer
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Plastic Bullets Market Size Forecast by Applications
13.10.1 Military
13.10.2 Law Enforcement
13.10.3 Toy
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Plastic Bullets Market: Competitive Dashboard
14.2 Global Plastic Bullets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vista Outdoors
14.3.2 Nonlethal Technologies
14.3.3 Combined Systems
14.3.4 Companhia Brasileira De Cartuchos (CBC)
14.3.5 Fiocchi Munizioni
14.3.6 Federal Ammunition
14.3.7 Rheinmetall
14.3.8 Lightfield Ammunition
14.3.9 Security Devices International
14.3.10 The Safariland Group
14.3.11 Vista Outdoors
14.3.12 Sage Control Ordnance
14.3.13 Nobel Sport Security
14.3.14 Olin Corporation
14.3.15 Verney-Carron
14.3.16 Maxam Outdoors
14.3.17 Industrial Cartridge
14.3.18 China North Industries Corporation
