Armor Materials Market Scenario

Increasing security concerns in developing countries and growing demand for homeland security are some of the major factors propelling the armor materials market globally. Furthermore, development of lethal ammunition and weapons is also one of the factor augmenting the growth of armor materials market. However, government regulations is one of the major factor expected to hamper the global growth of the armor materials market.  
Armor Materials Market Segmentation

The armor materials market is segmented by Material Type, Application and Geography. Various material types are used in manufacturing of armor material are Metals & Alloys (High-Density Steel, Aluminum and Titanium), Ceramics (Aluminium Oxide, Silicon Carbide and Boron Carbide), Composites (Fibers, Fabrics, Matrix Materials, Prepregs, Hybrid Composites and 3d Composites), Para-Aramid Fiber, Ultra-High-Molecular-Weight Polyethylene (Uhmwpe), Fiberglass and Others. Furthermore, the applications of armor materials are Vehicle Armor, Aerospace Armor, Body Armor, Civil Armor and Marine Armor. Based on Geography, the Armor materials Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.

Armor Materials Market by Geography

Geographically, the armor materials market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. Among all the regions, the North America is expected to account for the largest market share. North America is projected to continue its investment in soldier security owing to the on-going modernization programs. The US military is undertaking many equipment upgrading programs, which will continue to increase the demand for armor materials in the region.

Armor Materials Market Key Players

Some of the major players operating in the global armor materials market includes Dupont De Nemours, Inc., Koninklijke Dsm N.V., Honeywell International Inc., 3M Company, Saab AB, Koninklijke Ten Cate Bv, Compagnie De Saint-Gobain Sa, Teijin Limited, Tata Steel, Alcoa Corporation, Allegheny Technologies, Inc., Ceramtec, Coorstek Inc., Morgan Advanced Materials, Cerco Corporation, AGY Holding Corp., PPG Industries, Inc., Safariland, LLC, Leeco Steel, LLC and Armorworks Enterprises, LLC. These players have adopted the expansions, new product launches, agreements, acquisitions, investments, new product developments, and partnerships to enhance their position in the market.

Armor Materials Market Report Key Benefits

• The report offers changing market dynamics in the armor materials market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global armor materials market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of armor materials
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the armor materials market performance
• Key players within the global armor materials market are profiled to understand the competitor scenario.