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Ceramic Armor Market Size to Reach US$ 3,273.35 Mn by 2027

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Ceramic Armor Market Size to Reach US$ 3,273.35 Mn by 2027

November 18
16:29 2021
Ceramic armor market to grow at a CAGR of 7.1% during 2019-2027. North America is expected to hold the largest share of the global market.

According to our latest market study on “Ceramic Armor Market Forecast to 2027 – COVID-19 Impact and Global Analysis –by Material Type, Application and  Geography,” the market was valued at US$ 1,911.26 million in 2019 and is projected to reach US$ 3,273.35 million by 2027.

Strategic Insights

Report Coverage

Details

Market Size Value in

US$ 1,911.26 Million in 2019

Market Size Value by

US$ 3,273.35 Million by 2027

Growth rate

CAGR of 7.1% from 2020-2027

Forecast Period

2020-2027

Base Year

2020

No. of Pages

150

No. Tables

54

No. of Charts & Figures

75

Historical data available

Yes

Segments covered

Material Type ; and Application

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

 

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Ceramic armors are being employed in the manufacturing of helmets, goggles, and gloves, and backpacks for military uses. A ballistic vest, or bullet-resistant or bulletproof vest, is a body armor product that helps absorb the impact of firearm-fired projectiles and explosion-led shrapnel by reducing or stopping their penetration to the torso. This armor is worn by many police officers, prison guards, and a few private citizens in a soft form to gain protection against stabbing attacks, executed using metallic or para-aramid components; a hard form aids protection against rifle ammunition, and is thus worn by tactical police units, soldiers, and special forces. Kevlar, steel, and polyethylene are the most used materials in the manufacture of body armor. Kevlar & PE is mainly utilized to make soft body armor, while steel, ceramic, Lexan, or carbon fiber composite materials, alumina, silicon carbide are utilized to make hard body armor. Materials such as alumina, titanium, steel, boron carbide, silicon carbide, and ceramic matrix composite are used in the manufacturing of aircraft armor.

Continuous R&D initiatives to boost in the global Ceramic Armor market

Ceramic armor has been the best material of choice for the production of safety armors. It is generally used by armored vehicles. The lightweight property, coupled with its higher flexibility, has been one of the most important factors for the global expansion and growth of the ceramic armor market. The increasing spending capacity of various countries in terms of security for its military has been another factor contributing to the expansion of the ceramic armor market all over the globe. Various governments all over the globe have initiated numerous R&D plans for further development for the applications of ceramic armors. All these factors have contributed to the global expansion and further fuelled the demand for ceramic armors.

Impact of COVID-19 Pandemic on Ceramic Armor Market

As of November 2020, the US, Brazil, India, Russia, South Africa, Mexico, and the UK are among the worst-affected countries by the COVID-19 pandemic. The outbreak has affected economies and industries in various countries due to imposed lockdowns and travel bans, and business shutdowns. The global market collapse due to shutting down of factories, obstacles in supply chain, and downturn in world economy is also affecting the growth of the ceramic armor market.

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Ceramic Armor Market: Material Type

Based on material type, the ceramic armor material market is segmented into alumina, boron carbide, silicon carbide, ceramic matrix composite, and others; in 2019, the alumina segment dominated the market. Alumina, i.e., aluminum oxide (Al2O3), is produced from bauxite, an ore mined from topsoil in various tropical and subtropical regions. Alumina provides the best cost-benefit ratio among advanced ceramic; it features high refractoriness and high elasticity modulus as well as hardness at relatively lower costs. In armor structures, ceramic are normally backed by metal plates, with or without a composite layer sandwiched between them. Alumina is used in lightweight body armor, and it is also considered a vital ceramic fiber material, mainly in the manufacturing of ballistic protection materials. The ceramic plates inserted in soft ballistic vests deflect bullets by pushing it out with the same force. The low cost of ballistic ceramic materials such as alumina makes it ideal for use in automobiles. Military vehicles were traditionally manufactured with the help of armor plate steel, which is now replaced by ceramic composites.

Ceramic Armor Market: Competitive Landscape and Key Developments

3M, BAE Systems Plc., Coorstek, Inc., CeramTec GmbH, Morgan Advanced Materials Plc., Koninklijke Ten Cate BV, Point Blank Enterprises, Inc, Safariland, LLC.,Seyntex N.V., and Compagnie de Saint Gobain SA are among the major players in the global ceramic armor market.

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