Armor Materials Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032
Published Date: March - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
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Armor Materials Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2024 – 2032
Armor Materials Market Size
Armor Materials Market Size was valued at USD 13.14 Billion in 2024. The Armor Materials market is projected to grow from USD 14.03 Billion in 2025 to USD 25.37 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2025 - 2034). Growing military and defense spending as well as rising demand for homeland security, are the key market drivers enhancing the market growth.
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Hey there! There's been a big push in the armor-making business to become more eco-friendly. Why? Because it's getting really clear that the military's gotta do its part to protect our planet too. Think about it this waythe big guys at BCG are saying that by 2050, the weapons business could be responsible for up to 25% of the world's carbon pollution. That's a whole lot of yikes! So, the armor-makers are getting wise. They're using stuff like recycled materials and plants to make their products instead of just regular ol' plastics and metals. This not only helps to keep our air cleaner, but it also helps them follow the rules that governments are making to protect the environment. By going green, the armor-making industry isn't just saving the day—they're saving our planet too!
Armor Materials Market Analysis
Ultra-high molecular weight polyethylene (UHMWPE) material segment is poised to grow substantially over 2024-2032, as it offers exceptional strength-to-weight ratio, high impact resistance, and flexibility, making it an ideal choice for lightweight and flexible armor solutions. UHMWPE-based armor materials are used in the manufacturing of ballistic vests, helmets, and vehicle armor plates due to their superior ballistic performance and durability, thereby inducing segment growth.
Vehicle armor application segment is anticipated to generate significant demand in the market through 2032, driven by the increasing threats of asymmetric warfare, terrorism, and insurgency. This has led to a growing need for armored vehicles capable of providing protection to military personnel and assets against ballistic and blast threats. Armor materials such as ceramics, steel, and composite laminates are widely used in the manufacturing of vehicle armor plates, providing superior protection while minimizing weight and space constraints.
Get ready for a boost in Asia Pacific's armor materials market! Why? Well, there's a lot going on in the regionCountries like China, India, and South Korea are beefing up their armies and spending more money on defense. Tensions between countries are heating up, and some conflicts have even started. Terrorism, border issues, and other threats to security are making governments take extra precautions. All of this means that there's a huge demand for armor materials and the latest tech to keep soldiers and civilians safe. Governments and police forces are buying up armored vehicles and protective gear, which means companies in the armor business are going to make some serious cash in the next few years.
Armor Materials Market Share
The competitive landscape of the global market includes players, such as
- JPS Composite Materials (Handy & Harman)
- Pacific Safety Products (Med-Eng Holdings)
- Point Blank Enterprises
- Craig International Ballistics
- Alcoa Corporation, ATI (Advanced Micro Devices)
- Saint-Gobain
- Tencate
- Allegheny Technologies
- Tata Steel Limited
- Saab AB
- DSM
- Honeywell International
- 3M
- DuPont
Amor Materials Industry News
- In April 2023, DuPont unveiled Kevlar and EXO aramid fiber, designed to meet the stringent demands of body armor applications. These innovative products offer exceptional lightness, flexibility, and protection, catering to various high-performance needs in intense and challenging conditions.
What Information does this report contain?
Historical data coverage 2018 to 2023; Growth Projections 2024 to 2032.
Expert analysis industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts major segments covering applications, top products and geographies.
Competitive landscape reporting market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Table of Content
1. EXECUTIVE SUMMARY
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope of the Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
3. RESEARCH METHODOLOGY
3.1. Overview
3.2. Data Mining
3.3. Secondary Research
3.4. Primary Research
3.4.1. Primary Interviews and Information Gathering Process
3.4.2. Breakdown of Primary Respondents
3.5. Forecasting Model
3.6. Market Size Estimation
3.6.1. Bottom-Up Approach
3.6.2. Top-Down Approach
3.7. Data Triangulation
3.8. Validation
4. MARKET DYNAMICS
4.1. Overview
4.2. Drivers
4.3. Restraints
4.4. Opportunities
5. MARKET FACTOR ANALYSIS
5.1. Value Chain Analysis
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Suppliers
5.2.2. Bargaining Power of Buyers
5.2.3. Threat of New Entrants
5.2.4. Threat of Substitutes
5.2.5. Intensity of Rivalry
5.3. COVID-19 Impact Analysis
5.3.1. Market Impact Analysis
5.3.2. Regional Impact
5.3.3. Opportunity and Threat Analysis
6. GLOBAL ARMOR MATERIALS MARKET, BY MATERIAL TYPE
6.1. Overview
6.2. Metals & Alloys
6.3. Composities
6.4. Para-Aramid Fiber
6.5. UHMWPE
6.6. Fiberglass
6.7. Others
7. GLOBAL ARMOR MATERIALS MARKET, BY APPLICATION
7.1. Overview
7.2. Vehicle Armor
7.3. Aerospace Armor
7.4. Body Armor
7.5. Civil Armor
7.6. Marine Armor
8. GLOBAL ARMOR MATERIALS MARKET, BY REGION
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. South Korea
8.4.5. Australia
8.4.6. Rest of Asia-Pacific
8.5. Rest of the World
8.5.1. Middle East
8.5.2. Africa
8.5.3. Latin America
9. COMPETITIVE LANDSCAPE
9.1. Overview
9.2. Competitive Analysis
9.3. Market Share Analysis
9.4. Major Growth Strategy in the Global Armor Materials Market,
9.5. Competitive Benchmarking
9.6. Leading Players in Terms of Number of Developments in the Global Armor Materials Market,
9.7. Key developments and Growth Strategies
9.7.1. New MATERIAL TYPE Launch/Application Deployment
9.7.2. Merger & Acquisitions
9.7.3. Joint Ventures
9.8. Major Players Financial Matrix
9.8.1. Sales & Operating Income, 2022
9.8.2. Major Players R&D Expenditure. 2022
10. COMPANY PROFILES
10.1. DuPont
10.1.1. Company Overview
10.1.2. Financial Overview
10.1.3. Product Offered
10.1.4. Key Developments
10.1.5. SWOT Analysis
10.1.6. Key Strategies
10.2. DSM
10.2.1. Company Overview
10.2.2. Financial Overview
10.2.3. Product Offered
10.2.4. Key Developments
10.2.5. SWOT Analysis
10.2.6. Key Strategies
10.3. Honeywell International Inc
10.3.1. Company Overview
10.3.2. Financial Overview
10.3.3. Product Offered
10.3.4. Key Developments
10.3.5. SWOT Analysis
10.3.6. Key Strategies
10.4. Saint-Gobain
10.4.1. Company Overview
10.4.2. Financial Overview
10.4.3. Product Offered
10.4.4. Key Developments
10.4.5. SWOT Analysis
10.4.6. Key Strategies
10.5. 3M
10.5.1. Company Overview
10.5.2. Financial Overview
10.5.3. Product Offered
10.5.4. Key Developments
10.5.5. SWOT Analysis
10.5.6. Key Strategies
10.6. KONINKLIJKE TEN CATE BV.
10.6.1. Company Overview
10.6.2. Financial Overview
10.6.3. Product Offered
10.6.4. Key Developments
10.6.5. SWOT Analysis
10.6.6. Key Strategies
10.7. ATI
10.7.1. Company Overview
10.7.2. Financial Overview
10.7.3. Product Offered
10.7.4. Key Developments
10.7.5. SWOT Analysis
10.7.6. Key Strategies
10.8. SAAB AB
10.8.1. Company Overview
10.8.2. Financial Overview
10.8.3. Product Offered
10.8.4. Key Developments
10.8.5. SWOT Analysis
10.8.6. Key Strategies
10.9. CERAMTEC
10.9.1. Company Overview
10.9.2. Financial Overview
10.9.3. Product Offered
10.9.4. Key Developments
10.9.5. SWOT Analysis
10.9.6. Key Strategies
10.10. CoorsTek, Inc.
10.10.1. Company Overview
10.10.2. Financial Overview
10.10.3. Product Offered
10.10.4. Key Developments
10.10.5. SWOT Analysis
10.10.6. Key Strategies
11. APPENDIX
11.1. References
11.2. Related Reports
- JPS Composite Materials (Handy & Harman)
- Pacific Safety Products (Med-Eng Holdings)
- Point Blank Enterprises
- Craig International Ballistics
- Alcoa Corporation, ATI (Advanced Micro Devices)
- Saint-Gobain
- Tencate
- Allegheny Technologies
- Tata Steel Limited
- Saab AB
- DSM
- Honeywell International
- 3M
- DuPont
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