Ceramic Armor Market, By Material, By Application, By End User, By Geography

PUBLISHED: March 15, 2024

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Description

The global ceramic armor market is estimated to be valued at USD 2.6 Bn in 2024 and is expected to reach USD 3.8 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 2.6 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.60%	2030/2031 Value Projection:	US$ 3.8 Bn

Ceramic Armor Market Share (%), By Region, 2024

The global Ceramic Armor market has been witnessing steady growth over the past few years. Ceramic materials are regarded as advanced materials and are derived from non-metallic minerals through the application of heat. They provide excellent properties such as high strength, durability, thermal and chemical resistance, and hardness. The wide range of applications of ceramics across various industries, such as electronics, automotive, construction, healthcare, and others, is fueling the demand for ceramics globally. Additionally, the increasing awareness about environmental protection is augmenting the popularity of ceramics as they are more eco-friendly compared to other materials. With continued innovations and advancements in manufacturing technologies, the global Ceramic Armor market is poised to grow at an impressive rate in the coming years.

Market Dynamics

The global Ceramic Armor market is driven by factors such as the increasing demand from the construction industry, rapid industrialization, and growing electronics sector. Ceramic tiles are widely used in residential and commercial construction projects owing to their durability, easy maintenance, and aesthetic appeal. Expanding construction activities around the world powered by strong economic growth are propelling the sales of ceramic tiles. Further, continuous innovations and advancements in the manufacturing of semiconductors are driving the adoption of advanced ceramics in the electronics industry. However, volatile raw material prices due to supply chain disruptions are a major restraint for market players. Moreover, the availability of substitutes such as plastic, glass, and metals poses a threat to market growth. On the positive side, the increasing demand for lightweight and fuel-efficient vehicles presents significant opportunities, as ceramics help reduce vehicle weight and improve performance.

Key Features of the Study

This report provides an in-depth analysis of the global Ceramic Armor market and provides market size (US$ Billion & KT) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global Ceramic Armor market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Koninklijke DSM N.V., BAE Systems, Morgan Advanced Materials , Saint-Gobain S.A., 3M Company, CeramTec, II-VI Incorporated, Safariland, LLC, Coorstek, Inc., MKU Limited.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global Ceramic Armor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Ceramic Armor market.

Detailed Segmentation:

Material:
- Alumina
- Boron Carbide
- Silicone Carbide
- Others (Aluminum Oxynitride, etc.)
Application:
- Body Armor
- Aircraft Armor
- Marine Armor
- Others (Vehicle Armor, etc.)
End-user:
- Defense
- Homeland Security
- Civilians
Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Koninklijke DSM N.V.
- BAE Systems
- Morgan Advanced Materials
- Saint-Gobain S.A.
- 3M Company
- CeramTec
- II-VI Incorporated
- Safariland, LLC
- Coorstek, Inc.
- MKU LimitedBENEO

Product Code: CMI6764

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Material
- Market Snippet, By Application
- Market Snippet, By End-user
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend

4. Global Ceramic Armor Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Ceramic Armor Market - COVID-19
Impact Analysis

5. Global Ceramic Armor Market, By Material, 2019-2031 (US$ Bn & Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Alumina
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Boron Carbide
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Silicone Carbide
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others (Aluminum Oxynitride, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Ceramic Armor Market, By Application, 2019-2031 (US$ Bn & Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Body Armor
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Aircraft Armor
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Marine Armor
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others (Vehicle Armor, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Ceramic Armor Market, By End User, 2019-2031 (US$ Bn & Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Defense
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Homeland Security
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Civilians
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Ceramic Armor Market, By Region, 2019-2031 (US$ Bn & Bn & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & Bn & KT)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Material, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & Bn & KT)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & Bn & KT)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & Bn & KT)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, By Region/Country, 2019 - 2031
- Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn & Bn & KT)
- Market Size and Forecast, By End User, 2019- 2031 (US$ Bn & Bn & KT)
- Sub-Regions/Countries
GCC Countries
Israel
Rest of Middle East & Africa

9. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Koninklijke DSM N.V.
Company Overview
Product Portfolio
Recent Developments/Updates
- BAE Systems
- Morgan Advanced Materials
- Saint-Gobain S.A.
- 3M Company
- CeramTec
- II-VI Incorporated
- Safariland, LLC
- Coorstek, Inc.
- MKU Limited

10. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
- Browse 50 market data tables* and 40 figures* on "Global Ceramic Armor Market" - forecast to 2031.