Armor material is a type of material which is used to protect an individual, vehicle and others as they are used to make protective material such as shield for soldier, vehicles and others. Ceramics and composites are used as they are cheap and heaviest source of material.
Increasing security concern in developing countries, adoption of lethal ammunition and weapons, rising concern of homeland security, modernisation in military programmes are some of the factors that will accelerate the growth of the armor materials market in the forecast period of 2020-2027. On the other hand, increasing need of lightweight armor and growing battlefield scenario will further create new opportunities for the growth of armor materials market in the above mentioned forecast period.
Armor materials market will reach an estimated valuation of USD 18.99 billion by 2027, while registering this growth at a rate of 7.30% for the forecast period of 2020 to 2027. Armor materials market report analyses the growth, which is currently attain significant growth due to rising demand of vehicle, marine and aircraft protection application.
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Market Drivers and Restraints:
On the basis of material type, armor materials market is segmented into metals & alloys, ceramics, composites, para-aramid fiber, ultra-high-molecular-weight polyethylene (Uhmwpe), fiberglass and others. Metals & alloys have been further segmented into high-density steel, aluminum and titanium. Ceramics have been further segmented into aluminum oxide, silicon carbide and boron carbide. Composites have been further segmented into fibers, fabrics, matrix materials, prepregs, hybrid composites and 3d composites.
Armor materials market is segmented in terms of market value, volume, market opportunities and niches into multiple applications. The application segment for armor materials market includes vehicle armor, aerospace armor, body armor, civil armor and marine armor.
Based on end-user, armor materials market is segmented into personnel and vehicle.
The major players covered in the Armor Materials Market market
The major players covered in the armor materials market report are DuPont de Nemours, Inc., Koninklijke DSM N.V., Honeywell International Inc., 3M, Saab AB, Koninklijke Ten Cate bv., Saint-Gobain Group, Teijin Aramid B.V., Tata Steel, Alcoa Corporation, ATI, CeramTec GmbH, CoorsTek Inc., Morgan Advanced Materials, CerCo Corporation, AGY, PPG Industries, Inc., Safariland, LLC, Leeco Steel, ArmorWorks, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
MAJOR TOC OF THE REPORT
Chapter One: Armor Materials Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Armor Materials Market Competition, by Players
Chapter Four: Global Armor Materials Market Size by Regions
Chapter Five: North America Armor Materials Market Revenue by Countries
Chapter Six: Europe Armor Materials Market Revenue by Countries
Chapter Seven: Asia-Pacific Armor Materials Market Revenue by Countries
Chapter Eight: South America Armor Materials Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Armor Materials Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Armor Materials Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Armor Materials Market
A roadmap of growth opportunities available in the global Armor Materials Market with the identification of key factors
The exhaustive analysis of various trends of the global Armor Materials Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Armor Materials Market ?
What will the Armor Materials Market Demand and what will be Growth?
What are the latest opportunities for Armor Materials Market in the future?
What are the strengths of the key players?
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