Home
Materials & Chemicals
Advanced Materials
Armor Materials Market Size, Analysis, Share & Forecast 2031

Global Armor Materials Market

Name: Growth Market Reports
Address: 500 East E Street, Ontario, 91764, USA
Telephone: +1 909 414 1393

Segments - by Types (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, and Fiberglass), Applications (Vehicle, Aerospace, Body, Civil, and Marine), and Regions (Europe, North America, Latin America, Asia Pacific, and Middle East & Africa), Market Analysis Forecast, 2023-2031

MC-172
4.9 Rating
148 Pages

Upcoming
74 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

Armor Materials Market Outlook 2031

The global armor materials market size was USD 11.73 Billion in 2022 and is projected to reach USD 20.85 Billion by 2031 expand at a substantial CAGR 6.6% during the forecast period, 2023 to 2031. Armor materials are used as tools for protection against any impact of weapons or projectiles.

The armor comprising of advanced fiber absorbs the impact of bullets by diffusing the energy across the large area of the armor. armor materials are used in multiple applications including body armors, aerospace, and vehicle.

Armor Materials Market Trends, Drivers, Restraints, and Opportunities:

Increasing political unrest and instability and rising terrorism are fuelling the global armor materials market. For instance, political conflicts in countries such as Iraq and Syria are increasing the need for advanced armor.
Growing investments in military and defense warfare and modernization in military programs are augmenting the growth of this market globally.
Rising concerns regarding the security of civilians including government officials and reporters is propelling the growth of this market.
Increasing expenditures on defense to enhance military vehicle performance to ward off external attacks are propelling the market growth.
Aircraft security systems yielding high investments are expected to drive the market.
Growing international terrorism and the utilization of high-tech weapons are creating opportunities in the market.
High manufacturing costs and government regulation policies, in terms of production, restrains the market.
Developing countries such as India, Russia, Brazil and China, because of rising conflicts and tension with neighboring countries are spending heavily on defense activities contributing to the growth of the market.

Scope of The Armor Materials Market Report:

The report on global advanced energy market includes an assessment of the market, size, share, trends, segments, and regional markets.

Attributes	Details
Report Title	Armor Materials Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	By Types (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, Fiberglass) By Applications (Vehicle, Aerospace, Body, Civil, Marine)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast
Key Players Covered in the Report	DSM NV, Royal TenCate NV, Alcoa Inc., CoorsTek Inc., Morgan Advanced Materials, CeramTec GmbH, Honeywell International Inc., Saint -Gobain SA, Du Pont, Saab AB, Tata Steel, AGY Holding Corp., PPG Industries Inc., 3M, KONINKLIJKE TEN CATE BV, and ATI.

Armor Materials Market Segment Insights:

Ceramic products segment is projected to hold a significant share of the market

Based on types, the global armor materials market is projected to be segmented into metals & alloys, ceramics, composites, Para-Aramid fibers, UHMWPE, and fiberglass. The ceramics segment is anticipated to expand at a high CAGR during the forecast period due to their high performance and light weight. Ceramic-metal composites, tungsten carbide, and silicon carbide are widely used products.

These products have a broad application and are used to produce armors for military personnel, gunships, land vehicles, and aircraft. These products, while being relatively light in weight, have the ability to offer high hardness and controlled micro-structures that ensure durability and performance. Furthermore, ceramics provide design flexibility and high resistance to stress. These factors are expected to boost the segment growth during the forecast period.

Vehicle segment holds substantial share

In terms of applications, the market is expected to be segregated into vehicle, aerospace, body, civil, and marine. The vehicle segment accounts for a dominant share of the market on account of rising concerns regarding the security of government officials and reporters. Additionally, increasing application of lightweight aluminum alloys in military vehicles such as personal carriers are fuelling the growth of the market.

North America dominates the global armor materials market

On the basis of regions, the global armor materials market is likely to be classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America holds a significant share of the market. The US is expected to constitute a key share of the market due to high military investments that are higher than every other country.

Rising demand for applications regarding homeland security, development of advanced armor materials and making of systems for vehicles & aerospace are factors that can be attributed to the growth of the market in the U.S. Additionally, in the U.S., the Berry Amendment Act encourages the use of domestically manufactured products, comprising of armor materials, including fiber and steel; thereby, reinforcing the growth of the market in North America.

Segments

By Types

Metals & Alloys
Ceramics
Composites
Para-Aramid Fibers
UHMWPE
Fiberglass

By Applications

Vehicle
Aerospace
Body
Civil
Marine

By Regions

North America
Europe
Latin America
Asia Pacific
Middle East & Africa

Key Players

DSM NV
Royal TenCate NV
Alcoa Inc.
CoorsTek Inc.
Morgan Advanced Materials
CeramTec GmbH
Honeywell International Inc.
Saint -Gobain SA
Du Pont
Saab AB
Tata Steel
AGY Holding Corp.
PPG Industries Inc.
3M
KONINKLIJKE TEN CATE BV
ATI

Competitive Landscape

The global armor materials market is highly competitive and fragmented with the presence of multiple manufacturers. Key players in the market include DSM NV, Royal TenCate NV, Alcoa Inc., CoorsTek Inc., Morgan Advanced Materials, CeramTec GmbH, Honeywell International Inc., Saint -Gobain SA, Du Pont, Saab AB, Tata Steel, AGY Holding Corp., PPG Industries Inc., 3M, KONINKLIJKE TEN CATE BV, and ATI.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Armor Materials Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Armor Materials Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Armor Materials Market - Supply Chain
  4.5. Global Armor Materials Market Forecast
     4.5.1. Armor Materials Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Armor Materials Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Armor Materials Market Absolute $ Opportunity
5. Global Armor Materials Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Armor Materials Market Size and Volume Forecast by Types
     5.3.1. Metals & Alloys
     5.3.2. Ceramics
     5.3.3. Composites
     5.3.4. Para-Aramid Fibers
     5.3.5. UHMWPE
     5.3.6. Fiberglass
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Armor Materials Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Armor Materials Market Size and Volume Forecast by Applications
     6.3.1. Vehicle
     6.3.2. Aerospace
     6.3.3. Body
     6.3.4. Civil
     6.3.5. Marine
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Armor Materials Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Armor Materials Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Armor Materials Demand Share Forecast, 2019-2026
8. North America Armor Materials Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Armor Materials Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Armor Materials Market Size and Volume Forecast by Types
     8.4.1. Metals & Alloys
     8.4.2. Ceramics
     8.4.3. Composites
     8.4.4. Para-Aramid Fibers
     8.4.5. UHMWPE
     8.4.6. Fiberglass
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Armor Materials Market Size and Volume Forecast by Applications
     8.7.1. Vehicle
     8.7.2. Aerospace
     8.7.3. Body
     8.7.4. Civil
     8.7.5. Marine
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Armor Materials Demand Share Forecast, 2019-2026
9. Latin America Armor Materials Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Armor Materials Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Armor Materials Market Size and Volume Forecast by Types
     9.4.1. Metals & Alloys
     9.4.2. Ceramics
     9.4.3. Composites
     9.4.4. Para-Aramid Fibers
     9.4.5. UHMWPE
     9.4.6. Fiberglass
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Armor Materials Market Size and Volume Forecast by Applications
     9.7.1. Vehicle
     9.7.2. Aerospace
     9.7.3. Body
     9.7.4. Civil
     9.7.5. Marine
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Armor Materials Demand Share Forecast, 2019-2026
10. Europe Armor Materials Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Armor Materials Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
  10.4. Europe Armor Materials Market Size and Volume Forecast by Types
     10.4.1. Metals & Alloys
     10.4.2. Ceramics
     10.4.3. Composites
     10.4.4. Para-Aramid Fibers
     10.4.5. UHMWPE
     10.4.6. Fiberglass
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Armor Materials Market Size and Volume Forecast by Applications
     10.7.1. Vehicle
     10.7.2. Aerospace
     10.7.3. Body
     10.7.4. Civil
     10.7.5. Marine
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Armor Materials Demand Share Forecast, 2019-2026
11. Asia Pacific Armor Materials Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Armor Materials Market Size and Volume 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. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Armor Materials Market Size and Volume Forecast by Types
     11.4.1. Metals & Alloys
     11.4.2. Ceramics
     11.4.3. Composites
     11.4.4. Para-Aramid Fibers
     11.4.5. UHMWPE
     11.4.6. Fiberglass
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Armor Materials Market Size and Volume Forecast by Applications
     11.7.1. Vehicle
     11.7.2. Aerospace
     11.7.3. Body
     11.7.4. Civil
     11.7.5. Marine
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Armor Materials Demand Share Forecast, 2019-2026
12. Middle East & Africa Armor Materials Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Armor Materials Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Armor Materials Market Size and Volume Forecast by Types
     12.4.1. Metals & Alloys
     12.4.2. Ceramics
     12.4.3. Composites
     12.4.4. Para-Aramid Fibers
     12.4.5. UHMWPE
     12.4.6. Fiberglass
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Armor Materials Market Size and Volume Forecast by Applications
     12.7.1. Vehicle
     12.7.2. Aerospace
     12.7.3. Body
     12.7.4. Civil
     12.7.5. Marine
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Armor Materials Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Armor Materials Market: Market Share Analysis
  13.2. Armor Materials Distributors and Customers
  13.3. Armor Materials Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

Purchase Premium Report

Buy Now

Request For Sample

Request For Customization

Enquiry Before Buying

Speak With Analyst

Customize This Report

Ask for Research To Be Focused On Specific Regions or Segments
Receive Data As Per Your Format and Definition
Companies Profiled based on Your Requirements
Breaking Down Competitive Landscape as per Your Requirements
Any Level of Customization

Our Clients

Client Testinomials

We needed a highly accurate and precise report, which Growth Market Reports delivered promptly. The company compiled information from a wide array of reliable agencies and sourcess.It is extremely satisfactory to be working with you.
Strategy Head of Major Tech Company

We were very pleased to contact Growth Market Reports as they tailored reports precisely as per our requirements. As we are dealing with the aerospace and defense industry, we need reports of high accuracy and substantial quality.
Major Player in Defense Industry

Extremely delighted to have a well-crafted report on “Global Packaging Solutions Market Research Report” from your team. Thank you for providing me with all our requirements and for incorporating our suggestions.
CMO of Leading Packaging Company from USA

I had a good experience working with Growth Market Reports as they were very open to all constructive changes in the report. I found that the report had its charm embedded with ample of data.
Founder and Managing Partner of Major Korean Company

Our company has been working with Growth Market Reports for some years now and we are very happy with the quality of the reports provided by the company.I, on behalf of my organization, would like to thank you for offering professional reports.
Global Consulting Firm

Quick Contact

+1 909 414 1393

sales@growthmarketreports.com

Growth Market Report

Certified By