Armor Materials Market by Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, Fiberglass), Application (Vehicle, Aerospace, Body, Civil, Marine), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2022

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Date: 24-Jul-2017
No. of pages: 154
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Rising security concerns in the emerging economies is driving the growth of the armor materials market

The armor materials market is estimated at USD 8.67billion in 2017and is projected to reach USD 12.11 billion by 2022, at a CAGR of 6.92% from 2017 to 2022. The growth of this market is majorly attributed to the rising conflicts in emerging countries, such as China, India, and Brazil. Furthermore, the increasing demand for lightweight protection solutions is another significant factor driving the growth of the armor materials market. However, high procurement and raw material costs are expected to negatively affect market growth.

The body armor segment to register the highest CAGR between 2017 and 2022

Body armor segment is projected to grow at the highest CAGR in the armor materials market, in terms of value and volume, between 2017 and 2022.This growth is attributed to the increasing security concerns in the emerging economies and to provide protection to law enforcement and military personnel. The rapid development of weapons and ammunition is also a driving factor for the growth of the body armor segment.

North America is expected to account for the largest share of the armor materials market, whereas the market in the Asia Pacific is expected to grow at the highest CAGR between 2017 and 2022

On the basis of region, the armor materials market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East &Africa. North America is projected to account for a major share of the armor materials market by 2022,which can be attributed to the increasing demand for homeland security applications and the development of advanced armor systems for the US Army.

The market in the Asia Pacific is expected to grow at the highest CAGR between 2017 and 2022. There is increasing demand for armor materials in the region on account of military modernization programs by countries such as China and India. The increasing tensions between countries in the region, as well as internal conflicts, are also driving the armor materials market in the region.

Breakdown of primaries:

Primary interviews were conducted with a number of industry experts to collect information related to the armor materials market. The break down of primary interviews is depicted below:


  • By Company: Tier 1 - 30%, Tier 2 - 43%, and Tier 3 - 27%

  • By Designation: C Level - 21%, Director Level - 23%, and Others - 56%

  • By Region: North America – 30%, Europe - 18%, Asia Pacific - 41%, and South America and Middle East& Africa- 11%


Key companies supplying armor materials are:


  • E. I. Du Pont De Nemours and Company (US)

  • DSM NV (Netherlands)

  • Honeywell International Inc. (US)

  • Compagnie de Saint-Gobain SA (France)

  • Allegheny Technologies Incorporated (US)

  • 3M Ceradyne, Inc.(US)

  • Alcoa Corporation (US)

  • Royal TenCate NV (Netherlands)

  • Saab AB (Sweden)

  • CoorsTek Inc. (US)

  • Morgan Advanced Materials (UK)

  • CeramTec GmbH (Germany)

  • Tata Steel Limited (India)

  • AGY Holding Corp. (US)

  • PPG Industries Inc. (US)


Research Coverage

This report segments the armor materials market on the basis of product type, application, and region, and provides estimations for the overall value of the market and its subsegments across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key growth strategies, and recent developments (such as expansions, new products& technology launches, acquisitions, partnerships, agreements, and joint ventures) associated with the armor materials market.

Reasons to buy the report:

This report will help leaders/new entrants in this market in the following ways:


  • Will have a better understanding of the armor materials market

  • Will provide information on key market drivers, restraints, challenges, and opportunities

  • Will help gain insights regarding competitors and their positions in the armor materials market

Armor Materials Market by Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, Fiberglass), Application (Vehicle, Aerospace, Body, Civil, Marine), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Armor Materials Market
4.2 Armor Materials Market in Asia-Pacific, By Application and Country
4.3 Armor Materials Market, By Application
4.4 Armor Materials Market, By Product Type
4.5 Armor Materials Market: Regional Snapshot

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Security Concerns in Developing Nations
5.2.1.2 Increasing Demand for Homeland Security
5.2.1.3 Changing Battlefield Scenario
5.2.1.4 Development of Lethal Ammunition and Weapons
5.2.2 Opportunities
5.2.2.1 Military Modernization Programs
5.2.2.2 Need for Lightweight Armor
5.2.3 Challenges
5.2.3.1 Development of Other Types of Armor
5.2.3.2 High Cost for Lightweight Armor Materials
5.2.3.3 Government Restrictions
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 GDP Growth Rate Forecast of Major Economies
5.4.2 Military & Defense Industry
5.4.2.1 Increase in Military Spending of Emerging Countries
5.4.2.2 Global Militarization Index
5.4.2.3 Political Conflicts

6 Armor Materials Market, By Product Type
6.1 Introduction
6.2 Metals & Alloys
6.2.1 High-Density Steel
6.2.2 Aluminium
6.2.3 Titanium
6.3 Ceramics
6.3.1 Aluminium Oxide
6.3.2 Silicon Carbide
6.3.3 Boron Carbide
6.4 Composites
6.4.1 Fibers
6.4.2 Fabrics
6.4.3 Matrix Materials
6.4.4 Prepregs
6.4.5 Hybrid Composites
6.4.6 3D Composites
6.5 Para-Aramid Fiber
6.6 Uhmwpe
6.7 Fiberglass
6.8 Other Armor Materials

7 Armor Materials Market, By Application
7.1 Introduction
7.2 Vehicle Armor
7.3 Aerospace Armor
7.4 Body Armor
7.5 Civil Armor
7.6 Marine Armor

8 Armor Materials Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Russia
8.3.2 France
8.3.3 U.K.
8.3.4 Germany
8.3.5 Italy
8.3.6 Poland
8.3.7 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 South Korea
8.4.4 Japan
8.4.5 Australia
8.4.6 Indonesia
8.4.7 Philippines
8.4.8 Rest of Asia-Pacific
8.5 Middle East & Africa
8.5.1 Israel
8.5.2 Saudi Arabia
8.5.3 UAE
8.5.4 Algeria
8.5.5 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America

9 Competitive Landscape
9.1 Introduction
9.1.1 Dynamic Differentiators
9.1.2 Innovators
9.1.3 Visionary Leaders
9.1.4 Emerging Companies
9.2 Competitive Benchmarking
9.2.1 Strength of Product Portfolio
9.2.2 Business Strategy Excellence
Top Companies Analyzed for This Study are — Allegheny Technologies Inc.; E. I. Du Pont De Nemours and Company; Royal Tencate NV; 3M Ceradyne, Inc.; Honeywell International Inc.; DSM NV; Tata Steel Limited; Compagnie De Saint-Gobain Sa; Alcoa Corporation; Saab AB; AGY Holding Corp.; PPG Industries Inc.; Morgan Advanced Materials; Ceramtec GmbH; Coorstek Inc.; Xeracarb Ltd.; AT&F Advanced Metals LLC; Waco Composites; Leeco Steel LLC; Protective Structures, Ltd.; CPS Technologies Corp.; Surmet Corporation; JPS Composite Materials; Schunk Carbon Technology; Cerco Corp.
9.3 Market Share Analysis
9.3.1 E. I. Du Pont De Nemours and Company
9.3.2 DSM NV
9.3.3 Honeywell International, Inc.
9.3.4 3M Ceradyne, Inc.
9.3.5 Saab AB
9.3.6 Allegheny Technologies Inc.

10 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
10.1 E. I. Du Pont De Nemours and Company
10.2 DSM NV
10.3 Honeywell International Inc.
10.4 3M Ceradyne, Inc.
10.5 Saab AB
10.6 Allegheny Technologies, Inc.
10.7 Royal Tencate NV
10.8 Tata Steel Limited
10.9 Compagnie De Saint-Gobain Sa
10.10 Alcoa Corporation
10.11 Other Key Market Players
10.11.1 Ceramtec
10.11.2 PPG Industries Inc.
10.11.3 AGY Holding Corp.
10.11.4 Coorstek Inc.
10.11.5 Morgan Advanced Materials
10.11.6 Xeracarb Ltd.
10.11.7 Waco Composites
10.11.8 AT&F Advanced Metals LLC
10.11.9 Leeco Steel, LLC
10.11.10 Protective Structures, Ltd.
10.11.11 CPS Technologies, Corp.
10.11.12 Surmet Corporation
10.11.13 JPS Composites Materials
10.11.14 Schunk Carbon Technology
10.11.15 Cerco Corporation

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store: Marketsandmarkets Subscription Portal
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables

Table 1 Market Share of Various Countries’ Military Spending, 2015–2017
Table 2 Trends and Forecast of GDP Growth Rate, 2017–2021
Table 3 Armor Materials Market Size, By Product Type, 2015–2022 (USD Million)
Table 4 Armor Materials Market Size, By Product Type, 2015–2022 (Kiloton)
Table 5 Leading Companies Manufacturing Metals & Alloys
Table 6 Metals & Alloys Market Size , By Region, 2015–2022 (USD Million)
Table 7 Metals & Alloys Market Size , By Region, 2015–2022 (Kiloton)
Table 8 Ceramics Market Size , By Region, 2015–2022 (USD Million)
Table 9 Ceramics Market Size , By Region, 2015–2022 (Kiloton)
Table 10 Composites Market Size , By Region, 2015–2022 (USD Million)
Table 11 Composites Market Size , By Region, 2015–2022 (Kiloton)
Table 12 Leading Companies Producing Para-Aramid Fibers
Table 13 Para-Aramid Fiber Market Size, By Region, 2015–2022 (USD Million)
Table 14 Para-Aramid Fiber Market Size , By Region, 2015–2022 (Kiloton)
Table 15 Leading Company Producing Uhmwpe Fibers
Table 16 Uhmwpe Market Size, By Region, 2015–2022 (USD Million)
Table 17 Uhmwpe Market Size , By Region, 2015–2022 (Kiloton)
Table 18 Leading Companies Producing Fiberglass
Table 19 Fiberglass Market Size, By Region, 2015–2022 (USD Million)
Table 20 Fiberglass Market Size , By Region, 2015–2022 (Kiloton)
Table 21 Other Armor Materials Market Size, By Region, 2015–2022 (USD Million)
Table 22 Other Armor Materials Market Size, By Region, 2015–2022 (Kiloton)
Table 23 Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 24 Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 25 Armor Materials Market Size in Vehicle Armor, By Region, 2015–2022 (USD Million)
Table 26 Armor Materials Market Size in Vehicle Armor, By Region, 2015–2022 (Kiloton)
Table 27 Armor Materials Market Size in Aerospace Armor, By Region, 2015–2022 (USD Million)
Table 28 Armor Materials Market Size in Aerospace Armors, By Region, 2015–2022 (Kiloton)
Table 29 Armor Materials Market Size in Body Armor, By Region, 2015–2022 (USD Million)
Table 30 Armor Materials Market Size in Body Armor, By Region, 2015–2022 (Kiloton)
Table 31 Armor Materials Market Size in Civil Armor, By Region, 2015–2022 (USD Million)
Table 32 Armor Materials Market Size in Civil Armor, By Region, 2015–2022 (Kiloton)
Table 33 Armor Materials Market Size in Marine Armor, By Region, 2015–2022 (USD Million)
Table 34 Armor Materials Market Size in Marine Armor, By Region, 2015–2022 (Kiloton)
Table 35 Armor Materials Market Size, By Region, 2015–2022 (USD Million)
Table 36 Armor Materials Market Size, By Region, 2015–2022 (Kiloton)
Table 37 North America: Armor Market Size, By Country, 2015–2022 (USD Million)
Table 38 North America: Armor Market Size, By Country, 2015–2022 (Kiloton)
Table 39 North America: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 40 North America: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 41 U.S. Defense Department Equipment Purchase Plan, 2017
Table 42 U.S.: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 43 U.S.: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 44 Canada: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 45 Canada: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 46 Mexico: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 47 Mexico: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 48 Europe: Armor Market Size, By Country, 2015–2022 (USD Million)
Table 49 Europe: Armor Market Size, By Country, 2015–2022 (Kiloton)
Table 50 Europe: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 51 Europe: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 52 Russia: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 53 Russia: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 54 France: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 55 France: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 56 U.K.: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 57 U.K.: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 58 Germany: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 59 Germany: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 60 Italy: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 61 Italy: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 62 Poland: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 63 Poland: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 64 Rest of Europe: Armor Market Size, By Application, 2015–2022 (USD Million)
Table 65 Rest of Europe: Armor Market Size, By Application, 2015–2022 (Kiloton)
Table 66 Asia-Pacific: Armor Materials Market Size, By Country, 2015–2022 (USD Million)
Table 67 Asia-Pacific: Armor Materials Market Size, By Country, 2015–2022 (Kiloton)
Table 68 Asia-Pacific: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 69 Asia-Pacific: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 70 China: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 71 China: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 72 India: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 73 India: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 74 South Korea: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 75 South Korea: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 76 Japan: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 77 Japan: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 78 Australia: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 79 Australia: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 80 Indonesia: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 81 Indonesia: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 82 Philippines: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 83 Philippines: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 84 Rest of Asia-Pacific: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 85 Rest of Asia-Pacific: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 86 Middle East & Africa: Armor Materials Market Size, By Country, 2015–2022 (USD Million)
Table 87 Middle East & Africa: Armor Materials Market Size, By Country, 2015–2022 (Kiloton)
Table 88 Middle East & Africa: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 89 Middle East & Africa: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 90 Israel: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 91 Israel: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 92 Saudi Arabia: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 93 Saudi Arabia: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 94 UAE: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 95 UAE: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 96 Algeria: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 97 Algeria: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 98 Rest of Middle East & Africa: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 99 Rest of Middle East & Africa: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 100 South America: Armor Materials Market Size, By Country, 2015–2022 (USD Million)
Table 101 South America: Armor Materials Market Size, By Country, 2015–2022 (Kiloton)
Table 102 South America: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 103 South America: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 104 Brazil: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 105 Brazil: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 106 Argentina: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 107 Argentina: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)
Table 108 Rest of South America: Armor Materials Market Size, By Application, 2015–2022 (USD Million)
Table 109 Rest of South America: Armor Materials Market Size, By Application, 2015–2022 (Kiloton)

List of Figures

Figure 1 Armor Materials Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Armor Materials Market: Data Triangulation
Figure 5 Vehicle Armor Segment to Be Dominant Application Between 2017 and 2022
Figure 6 Metals & Alloys to Be the Dominant Armor Materials Between 2017 and 2022
Figure 7 India to Be Fastest-Growing Armor Materials Market Between 2017 and 2022
Figure 8 North America Dominated the Armor Materials Market in 2016
Figure 9 Armor Materials Market Size, 2017 vs 2022 (Kiloton)
Figure 10 China Led the Asia-Pacific Market in 2016
Figure 11 Body Armor to Register the Highest CAGR Between 2017 and 2022
Figure 12 Metals & Alloys Armor Materials to Account for the Largest Market Share in 2022
Figure 13 India to Be Fastest-Growing Market Between 2017 and 2022
Figure 14 Drivers, Restraints, Opportunities, and Challenges in the Armor Materials Market
Figure 15 Worldwide Conflict Status: A Snapshot
Figure 16 Porter’s Five Forces Analysis
Figure 17 Increasing Military Spending of Countries, 2006 vs 2016
Figure 18 Global Militarization Index, By Country, 2016
Figure 19 Ceramics Segment to Register Highest CAGR During Forecast Period
Figure 20 Body Armor Segment to Register Highest CAGR During Forecast Period
Figure 21 Asia-Pacific to Register the Highest CAGR During Forecast Period
Figure 22 North America Market Snapshot: U.S. to Lead Armor Materials Market During Forecast Period
Figure 23 Europe Market Snapshot: Russia to Lead Armor Materials Market During Forecast Period
Figure 24 Asia-Pacific Market Snapshot: China to Lead Armor Materials Market
Figure 25 Competitive Leadership Mapping, 2016
Figure 26 Market Share Analysis of Key Players, 2016
Figure 27 E. I. Du Pont De Nemours and Company: Company Snapshot
Figure 28 DSM NV: Company Snapshot
Figure 29 Honeywell International Inc.: Company Snapshot
Figure 30 3M Ceradyne, Inc.: Company Snapshot
Figure 31 Saab AB: Company Snapshot
Figure 32 Allegheny Technologies, Inc.: Company Snapshot
Figure 33 Royal Tencate NV: Company Snapshot
Figure 34 Tata Steel Limited: Company Snapshot
Figure 35 Compagnie De Saint-Gobain Sa: Company Snapshot
Figure 36 Alcoa Corporation: Company Snapshot

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