MRO Magazine

Armor Materials Market – Projected to Reach $10.54 Billion by 2020, Registering a CAGR of 6.8% Between 2015 and 2020 – Research and Markets


January 20, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/5clg4c/armor_materials) has announced the addition of the “Armor Materials Market – Global Trends & Forecast to 2020” report to their offering.

The global armor materials market has been projected to register a CAGR of 6.8% for the forecast period to reach $10.54 Billion by 2020. The market is currently growing owing to technological developments in armor materials and growing demand for lightweight and effective armor systems. The changing battlefield scenario and rising security concerns drive the market.

The demand for armor materials is expected to increase rapidly in Asia-Pacific because of military modernization programs and expansion of armies. Body armor application is estimated to be the fastest growing application for the market during the forecast period.

The global armor materials market has been analyzed in terms of revenue (USD) and volume (kiloton) for all major regions, namely, North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. The market has been further categorized on the basis of major countries for respective regions.

The report contains information useful to armor material manufacturers, armor system manufacturers, defense consultants, and governmental agencies involved with development and procurement of armor materials.

Scope of the Report:

On the basis of region:

  • North America
  • Asia-Pacific
  • Europe
  • South America
  • The Middle East & Africa

On the basis of applications:

  • Vehicle armor
  • Aerospace armor
  • Body armor
  • Civil armor
  • Marine armor

On the basis of type:

  • Metals & alloys
  • Ceramics & composites
  • Para-aramid fibers
  • UHMWPE
  • Fiberglass
  • Others

Companies Mentioned:

  • 3M Ceradyne Company
  • AGY Holding Corp.
  • Alcoa Inc.
  • Allegheny Technologies Inc.
  • Ceramtec
  • Coorstek Inc.
  • DSM NV
  • E. I. Du Pont De Nemours and Company
  • Honeywell International Inc.
  • PPG Industries Inc.
  • Royal Tencate NV
  • SAAB AB
  • Saint-Gobain
  • Tata Steel

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Armor Materials Market, By Type

7 Armor Materials Market, By Application

8 Armor Materials Market, By Region

9 Competitive Landscape

10 Company Profiles

For more information visit http://www.researchandmarkets.com/research/5clg4c/armor_materials

Research and Markets
Laura Wood, Senior Manager
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