Press release
Global Armor Materials Market Expected to Witness a Sustainable Growth over 2025
This report focuses on the key global Armor Materials players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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Armor materials refer to the materials which are used to strengthen and upgrade the armor. These armor materials are used in various armors such as helmet, vest, vehicle and others. Several global armor material manufacturers are developing and manufacturing light weight and durable armor materials. These lightweight armor systems are more effective in complex situations.
From the view of region, North America have a larger market share in 2018 which account for 43.83% and will witness a stable growth in following years. Asia-Pacific hold a market share of 27.79% will still play an important role which cannot be ignored. Any changes from Europe, which share a 21.05% market share in 2018, might affect the development trend of Armor Materials. South America and Middle East and Africa are also play important role in Global market.
Global Armor Materials market size will increase to 8233.6 Million US$ by 2025, from 5917.5 Million US$ in 2018, at a CAGR of 5.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Armor Materials.
Market Segment by Manufacturers, this report covers
DuPont
Tata
3M
Honeywell
BaoTi
ATI Metals
FSSS
DSM
Arconic
Saint-Gobain
Saab
Carpenter Technology
Cerco Corp
AGY Holding
Ceramtec
JPS Composite Materials
Coorstek
Leeco Steel
Waco Composites
Market Segment by Type, covers
Aramid
Composites
Metals & Alloys
Others
Market Segment by Applications, can be divided into
Land/Ground
Air
Sea
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Related Information:
North America Armor Materials Market Growth 2019-2025
United States Armor Materials Market Growth 2019-2025
Asia-Pacific Armor Materials Market Growth 2019-2025
Europe Armor Materials Market Growth 2019-2025
EMEA Armor Materials Market Growth 2019-2025
Global Armor Materials Market Growth 2019-2025
China Armor Materials Market Growth 2019-2025
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