The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global armor materials market size is expected to grow from $11.45 billion in 2022 to $12.30 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The global armor materials market size is expected to reach $15.78 billion in 2027 at a CAGR of 6.4%.

What will drive the armor materials market?
The growing terrorism threat is likely to stimulate innovation in armour material manufacture, propelling the market during the forecast period.

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Who are the major players in the market?
Major Market Players in the armor materials market include DuPont, Honeywell International Inc., 3M, Saab AB, Saint-Gobain, Teijin Aramid B.V., Koninklijke Ten Cate BV., CeramTec GmbH, CoorsTek Inc.

Which trend is gaining popularity in the armor materials market?
Product innovation is a significant trend that is gaining traction in the armour materials market. Major players in the armour materials industry are focusing on the development of new products.

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How is the armor materials market segmented?

• By Material Type: Metals And Alloys, Composites, Para-Aramid Fiber, UHMWPE (Ultra-High-Molecular-Weight Polyethylene), Fiberglass, Other Materials
• By Product Type: Vest, Helmets, Other Products
• By Protection: Level II, Level IIA, Level III, Level IIIA, Level IV
• By Application: Vehicle Armor, Aerospace Armor, Body Armor, Civil Armor, Marine Armor
• By End-User: Defense, Law Enforcement And Security Personnel, Civilians
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global armor materials market in 2021.

The Armor Materials Global Market Report 2023  provides an overview of the armor materials market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The armor materials market forecast analyzes armor materials market size, armor materials market share, leading competitor and their market positions.

Armour material refers to the many materials used to make different forms of armour or body armour. Armour materials are used to create protective gear that may deflect or absorb the impact of bullets or other weapons aimed at the wearer.

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