Press release
Armor Materials Market Witness Excellent Long-Term Growth Outlook, Forecast 2027
Armor Materials Market
Major determinants of the market growth
Rise in application of lightweight materials, surge in number of warfare activities, and increase in concern from government over safety have boosted the growth of the global armor materials market. However, limited application of multi-layered composite material and high cost hamper the market. On the contrary, advancements in armor material plates are expected to create lucrative opportunities for the market players in the future.
Buy Now This Report With Special Offer: https://www.alliedmarketresearch.com/aerospace-materials-market/purchase-options
Major market players
China National Bluestar (Group) Co. Ltd.
Kermel
Guangdong Charming Co., Ltd.
BASF SE
Suzhou Zhaoda Specially Fiber Technical Co., Ltd.
JSC Kamenskvolokno
Tango Engineering Ltd.
YF International BV
Lydall Performance Materials Inc.
Polymer Technologies Pte. Ltd.
COVID-19 scenario:
Increased in warfare across the borders of India-China, the demand for armor materials has increased.
However, the shortage of labor, lack of raw materials, and disrupted supply chain hamper the manufacturing of armors.
Enquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/7191
The composites segment to manifest the highest CAGR through 2027
By material type, the composites segment to register the highest CAGR 6.7% during the forecast period, owing to growing preference of composite materials in mobile military equipment, such as tanks and large ships. However, the metal & alloys segment held the largest share in 2019, accounting for nearly two-fifths of the global armor material market, due to growing application of titanium and its alloys in military armor and vehicle.
The vehicles segment dominated the market
By application, the vehicles segment held the largest share in 2019, contributing to around two-fifths of the global armor material market, owing to growing application of lightweight aluminum alloys in military vehicles such as personnel carriers. However, the body segment is expected to portray the highest CAGR of 6.5% during the forecast period, due to increase in application for Kevlar fabrics and Dyneema fabrics in armor vests.
North America held the lion's share
By region, the market across North America held the largest share in 2019, accounting for more than half of the market, owing to the increasing demand for homeland security applications and development of advanced armor materials and systems for vehicles and aerospace. However, the global armor material market across Asia-Pacific is expected to manifest the highest CAGR of 6.8% during the forecast period, due to increasing warfare activities.
Get Free Sample Report in PDF Format (MUST SEE): https://www.alliedmarketresearch.com/request-sample/7191
Related Reports:
Super Hard Materials Market : https://www.alliedmarketresearch.com/super-hard-materials-market-A06173
Advanced Functional Materials Market : https://www.alliedmarketresearch.com/advanced-functional-materials-market-A10768
Retro-Reflective Materials Market : https://www.alliedmarketresearch.com/retro-reflective-materials-market-A12530
Building Insulation Materials Market : https://www.alliedmarketresearch.com/building-insulation-materials-market-A12625
Check Complete Report Details of market: https://www.alliedmarketresearch.com/armor-materials-market-A06826
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Armor Materials Market Witness Excellent Long-Term Growth Outlook, Forecast 2027 here
News-ID: 3148463 • Views: …
More Releases from Allied Market Research
Outdoor Decor Market 2026 : to Reach USD 117.7 Billion by 2032 Top Impacting Fac …
llied Market Research published a report, titled, "Outdoor Décor Market by product (Furniture, Flower Pots and Planters, Rugs and Cushions, Lighting, Patio Umbrellas and Shade Structures, Water Features and Others), End User (Residential and Non-residential), and Distribution Channel (Supermarket and hypermarket, Specialty Stores, E-Commerce and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032". According to the report, the global outdoor decor market size was valued at $83 billion in 2022,…
USD 1.03 Billion GCC Sanitary Ware Market Value Cross by 2032 | Top Players such …
Allied Market Research published a report, titled, "GCC Sanitary Ware Market by Material (Ceramics, Pressed Metals, Acrylic Plastics and Perspex, and Others), by Product Type (Toilet Sink/Water Closet, Wash Basin, Pedestal, and Cistern), By End User (Residential, Commercial, and Others), By Application (Bathroom and Kitchen), By Price Range (Up To $200, $201 To $500, and $500 and above)". According to the report, the GCC sanitary ware market was valued at…
Metallized PET Packaging Market is Projected to Grow Expeditiously: USD 9.8 Bill …
Allied Market Research has recently published a report, titled, "Metallized PET Packaging Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Application: Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global metallized pet packaging market size was valued at $6 billion in 2022, and is projected to reach $9.8 billion by 2032, growing at a CAGR of 5.1% from 2023 to 2032.
Download…
Pre-Engineered Buildings Industry Poised for Strong Expansion by 2032 on Back of …
Allied Market Research published a report, titled, "Pre-Engineered Buildings Market by Structure (Single-story and Multi-story), and Application (Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global pre-engineered buildings market size was valued at $17.6 million in 2022, and is projected to reach $46.6 million by 2032, registering a CAGR of 10.4% from 2023 to 2032.
Request PDF Sample Copy @https://www.alliedmarketresearch.com/request-sample/3178
Prime determinants of growth
The expansion of…
More Releases for Material
Firestop Material Market
LOS ANGELES, United States: The global Firestop Material market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Firestop Material market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
New Material Direction for Electric Toothbrushes - Si-TPV Soft Over Molded Mater …
When it comes to factors such as consumer experience or ergonomics, Si-TPV Soft Over Molded Material has had a huge impact on the improvement of various products such as electric toothbrushes, etc. Si-TPV is a Silicone Combine TPU developed and produced by SILIKE, a Thermoplastic Elastomer Manufacturer (Thermoplastic Elastomer Suppliers). Si-TPV material adopts Innovative Soft Slip Technology and Sustainable Overmolding Techniques, which can be used to make Stain Resistance Soft…
A new light on a misjudged material - Plastic waste: material for art
Used plastic bottles are not waste, but a valuable resource. They can be reprocessed in a variety of ways and transformed into new products or fresh energy. And into art. This is exactly what Ve-ronika Richterová does. The Czech artist creates fascinating sculp-tures made out of old PET bottles.
Plastic has inspired artists from the very beginning. The reason: plas-tic meets almost all technical and aesthetic requirements. It is a uni-versal…
Global Thermal Transfer Material Market, Global Thermal Transfer Material Indust …
Thermal conductivity refers as an important characteristic for several manufacturing operations. Thermal transfer properties of a variety of materials are effective in certain applications owing to natural molecular structure that allows for direct heat-transfer. Thermal transfer materials are extensively used to manufacture the heat conductive adhesive tapes, printable products and polymer sheets. These polymer sheets are utilized for barcodes, labeling, and QR code labels for retailing, logistics, and consumer goods.…
The Future of Smart Material Market Runs Through the Material Industry
Smart Materials Market is expected to garner $72.63 billion by 2022, registering a CAGR of 14.9% during the forecast period 2016-2022. Smart materials are adaptive or intelligent materials which pose intrinsic and extrinsic capabilities. These can be altered by external stimuli, such as moisture, temperature, electromagnetic field, and pressure to obtain the desired functional effects. In addition, these materials are dynamic in nature and respond to their immediate interaction environments…
Global Regenerative Artificial Skin Sales Market Research Report 2017 (Temporary …
The report "Global Regenerative Artificial Skin Sales Market Report 2017", has been prepared based on an in-depth market analysis with inputs from industry experts.
This report studies sales (consumption) of Regenerative Artificial Skin in Global market, especially in United States, China, Europe and Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
Integra Life Sciences Corporation
Mylan N.V
Johnson & Johnson…
