Global Armor Materials Market Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Armor Materials Market - Segmented by Type, Application, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global armor materials market is expected to witness a CAGR of 6.3% during the forecast period of 2018 - 2023.

Armors are widely used in applications including aerospace, body armors as shields, civil armors, marine armors, and vehicle armors. The major factor driving the market for armor materials is the development of advanced weapons and ammunition. This is expected to increase the demand for armor solution at a great pace during the forecast period.

The aerospace industry is expected to witness the highest demand for armor materials during the forecast period. It is also expected to have the fastest growth. Armor materials are heavily required in the production of aircraft. With the increase in the number of aircraft production, the demand for armor materials is likely to increase, hence, benefitting the market for armor materials during the forecast period.

North America is expected to witness the highest demand for armor materials during the forecast period. The United States is one of the largest consumers of armor materials globally. This is majorly owing to the rising homeland security concerns due to terrorism. Europe is expected to have the second highest demand, and Asia-Pacific is expected to witness the fastest growth due to the increasing defense budget, and military modernization programs.

Companies Mentioned

  • 3M
  • Armor Designs Inc.
  • Armorsource
  • ATI Specialty Materials
  • CeramTec
  • CoorsTek
  • COUGAR ARMOR
  • DSM Dyneema
  • Honeywell Spectra
  • JPS Composite Materials
  • PPG Industries Inc.
  • Royal Ten Cate
  • Safeguard Armor
  • Saint-Gobain
  • Tata Steel

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Future of the Market

10. Disclaimer

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Related Topics: Infantry Weapons and Equipment

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Infantry Weapons and Equipment