GLOBAL ARMOR MATERIAL MARKET FORECAST 2019-2027

  • You are here:
  • Home
  • Reports
  • GLOBAL ARMOR MATERIAL MARKET FORECAST 2019-2027

GLOBAL ARMOR MATERIAL MARKET FORECAST 2019-2027

Para-aramid fiber, metal and alloy, ultra-high-molecular-weight polyethylene, ceramic and composite,  and other such materials that are used to make armor for impact neutralizing, forms the armor material market. The armor material is used in the manufacturing of aircraft, body armor, civil armor, marine armor and vehicle armor. The global armor material market is escalating to generate nearly $xx million by the year 2027. In terms of revenue, the market is leveraging at xx% of CAGR over the coming years (2019-2027). The market is analyzed by considering 2018 as the base year.

GLOBAL ARMOR MATERIAL MARKET FORECAST 2019-2027

UPCOMING REPORTS

Request free sample

Para-aramid fiber, metal and alloy, ultra-high-molecular-weight polyethylene, ceramic and composite,  and other such materials that are used to make armor for impact neutralizing, forms the armor material market. The armor material is used in the manufacturing of aircraft, body armor, civil armor, marine armor and vehicle armor.

The global armor material market is escalating to generate nearly $xx million by the year 2027. In terms of revenue, the market is leveraging at xx% of CAGR over the coming years (2019-2027). The market is analyzed by considering 2018 as the base year.

The main driver for the market is the rising security concerns. Various developed and developing countries are considering measures to protect themselves from external as well as internal threats. Therefore, there is a rise in the number of soldiers. Some countries are in the state of war, and some are planning for any adverse event. Developing perfect armors to protect the soldiers life during any mission is a goal of any military organizations. The armor should be strong enough to bear the impact of bullets yet light enough to not affect maneuverability of the soldier. In addition, armored vehicles are used by military and law enforcement agencies. Hence military organizations are investing in strong, lightweight armors. As the material is the most important element in the armor, the market will show rising trends during the forecast period.

Para-aramid fibers are an optimal option for protection and reinforcement applications due to their high tensile strength, flexibility, lightweight properties, high heat resistance and high tenacity among other characteristics. Their demand in the field of ballistic protection is increasing because of their physical properties of being resistive to bullets, shrapnel and bomb fragments, stabbing, etc. They are widely used in applications for body armor, where their primary use is to make bullet-proof jackets. Increasing use of body armor in law enforcement is acknowledged as critical to the safety of an officer. Nearly all law enforcement organizations around the globe have established regulations mandating the use of duty-line body armors.

Globally, the market growth is restrained by the high manufacturing cost of the defense products. The cost of production of defense armor goods, such as body armor, armored vehicles, weapons, and others, remains high, due to the high costs of raw material. The raw materials used in the production of armor products include ceramics, ultra-high-molecular-weight polyethylene, para-aramid fibers, metals and alloys, etc. Some of these raw materials are expensive, whereas the prices of other raw materials, like aluminum, steel, etc., is increasing constantly. The average cost of para-aramid fibers and ultra-high-molecular-weight polyethylene is about USD 40-45 per kilogram, and USD 50-60 per kilogram, respectively. Such high cost of these materials further adds to the cost of armor products, which is restricting the demand for armors materials.

The report on global armor material market includes segmentation based on type, application and region.

Market by Type

  • Metal and alloy
  • Ceramic and composite
  • Para-aramid fiber
  • Ultra-high-molecular-weight polyethylene
  • Other types

Market by Application

  • Aerospace
  • Body armor
  • Civil armor
  • Marine armor
  • Vehicle armor

Geographically, the global armor material market has been segmented on the basis of four major regions, which includes:

  • North America: the United States & Canada
  • Europe: United Kingdom, Germany, France, Spain, Italy & Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea & Rest of Asia Pacific
  • Rest of World: Latin America, Middle East & Africa

The United States is the largest military spending nation with an expenditure of about $649 billion in 2018. It is also world’s largest arms exporter, increasing its sales by over 25% between 2013-2017. It supplied arms to around 98 states worldwide, and its exports accounted for more than one-third of the global exports. On the other hand, China is the top investor in armored vehicles in the Asia-Pacific region, with spending of over USD 70 billion in the past ten years. Apart from developing its domestic design and production capabilities, the country is also emphasizing on exporting armored vehicles to South America and Africa.

The global armor material market is segmented into type and application. The type market is sub-segmented into ultra-high-molecular-weight polyethylene, ceramic and composite, metal and alloy, para-aramid fiber and other types. The application market is sub-segmented into body armor, vehicle armor, civil armor, aerospace and marine armor.

The major players operating in the global armor material market are:

  • Dow DuPont Incorporation
  • 3M
  • Schunk GmbH
  • Teijin Aramid BV
  • Morgan Advanced Materials
  • Others

Company profiles cover analysis of important players. These companies are using a number of strategies for growth & their position in the market. For instance, in August 2019, 3M made a deal with Avon Rubber to buy 3M’s advanced ballistic-protection business. In April 2017, Tata Motors signed contract with Indian Armed Forces to supply 3192 units of Tata Safari Storme. In July 2018, PPG signed a contract to supply windshields and cockpit side windows to Dassault Aviation for the new Falcon 6X.

  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
  4. MARKET DYNAMICS
    • MARKET DEFINITION
    • MARKET DRIVERS
    • MARKET RESTRAINTS
    • MARKET OPPORTUNITIES
    • MARKET CHALLENGES
  5. MARKET BY TYPE
    • METAL AND ALLOY
    • CERAMIC AND COMPOSITE
    • PARA-ARAMID FIBER
    • ULTRA-HIGH-MOLECULAR-WEIGHT POLYETHYLENE
    • OTHER TYPES
  6. MARKET BY APPLICATIONS
    • AEROSPACE
    • BODY ARMOR
    • CIVIL ARMOR
    • MARINE ARMOR
    • VEHICLE ARMOR
  7. KEY ANALYTICS
    • PORTERS FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  8. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • 3M
    • ARMOR DESIGNS INC.
    • ARMORSOURCE LLC
    • ATI
    • CERAMTEC GMBH
    • COORSTEK INC
    • DOWDUPONT INC.
    • HONEYWELL INTERNATIONAL INC.
    • HYOSUNG
    • JPS COMPOSITE MATERIALS
    • KONINKLIJKE TEN CATE BV
    • MORGAN ADVANCED MATERIALS
    • PPG INDUSTRIES INC.
    • ROYAL DSM NV
    • SAFEGUARD ARMOR LLC
    • SAINT-GOBAIN
    • SCHUNK GMBH
    • TATA STEEL
    • TEIJIN ARAMID BV

TABLE LIST

TABLE 1: GLOBAL ARMOR MATERIAL MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2: GLOBAL ARMOR MATERIAL MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 3: GLOBAL METAL AND ALLOY MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 4: GLOBAL CERAMIC AND COMPOSITE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 5: GLOBAL PARA-ARAMID FIBER MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 6: GLOBAL ULTRA-HIGH-MOLECULAR-WEIGHT POLYETHYLENE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 7: GLOBAL OTHER TYPES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 8: GLOBAL ARMOR MATERIAL MARKET, BY APPLICATIONS, 2019-2027, (IN $ MILLION)

TABLE 9: GLOBAL AEROSPACE MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 10: GLOBAL BODY ARMOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 11: GLOBAL CIVIL ARMOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 12: GLOBAL MARINE ARMOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 13: GLOBAL VEHICLE ARMOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 14: OPPORTUNITY MATRIX

TABLE 15: VENDOR LANDSCAPE

TABLE 16: GLOBAL ARMOR MATERIAL MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 17: NORTH AMERICA ARMOR MATERIAL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 18: EUROPE ARMOR MATERIAL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 19: ASIA PACIFIC ARMOR MATERIAL MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 20: REST OF WORLD ARMOR MATERIAL MARKET, BY REGION, 2019-2027 (IN $ MILLION)

FIGURE LIST

FIGURE 1: GLOBAL ARMOR MATERIAL MARKET, BY METAL AND ALLOY, 2019-2027 (IN $ MILLION)

FIGURE 2: GLOBAL ARMOR MATERIAL MARKET, BY CERAMIC AND COMPOSITE, 2019-2027 (IN $ MILLION)

FIGURE 3: GLOBAL ARMOR MATERIAL MARKET, BY PARA-ARAMID FIBER, 2019-2027 (IN $ MILLION)

FIGURE 4: GLOBAL ARMOR MATERIAL MARKET, BY ULTRA-HIGH-MOLECULAR-WEIGHT POLYETHYLENE, 2019-2027 (IN $ MILLION)

FIGURE 5: GLOBAL ARMOR MATERIAL MARKET, BY OTHER TYPES, 2019-2027 (IN $ MILLION)

FIGURE 6: GLOBAL ARMOR MATERIAL MARKET, BY AEROSPACE, 2019-2027 (IN $ MILLION)

FIGURE 7: GLOBAL ARMOR MATERIAL MARKET, BY BODY ARMOR, 2019-2027 (IN $ MILLION)

FIGURE 8: GLOBAL ARMOR MATERIAL MARKET, BY CIVIL ARMOR, 2019-2027 (IN $ MILLION)

FIGURE 9: GLOBAL ARMOR MATERIAL MARKET, BY MARINE ARMOR, 2019-2027 (IN $ MILLION)

FIGURE 10: GLOBAL ARMOR MATERIAL MARKET, BY VEHICLE ARMOR, 2019-2027 (IN $ MILLION)

FIGURE 11: PORTER’S FIVE FORCE ANALYSIS

FIGURE 12: GLOBAL ARMOR MATERIAL MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 13: UNITED STATES ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 14: CANADA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 15: UNITED KINGDOM ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 16: GERMANY ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 17: FRANCE ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18: SPAIN ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19: ITALY ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: REST OF EUROPE ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: CHINA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: JAPAN ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: INDIA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: SOUTH KOREA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: AUSTRALIA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: REST OF ASIA PACIFIC ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: LATIN AMERICA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: MIDDLE EAST & AFRICA ARMOR MATERIAL MARKET, 2019-2027 (IN $ MILLION)

  1. MARKET BY TYPE
    • METAL AND ALLOY
    • CERAMIC AND COMPOSITE
    • PARA-ARAMID FIBER
    • ULTRA-HIGH-MOLECULAR-WEIGHT POLYETHYLENE
    • OTHER TYPES
  2. MARKET BY APPLICATIONS
    • AEROSPACE
    • BODY ARMOR
    • CIVIL ARMOR
    • MARINE ARMOR
    • VEHICLE ARMOR
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now