Global armor materials market | OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2020-2027

The global armor materials market size was valued at $10.6 billion in 2019, and is projected to reach $15.7 billion by 2027, growing at a CAGR of 5.3% from 2020 to 2027.

Armor materials, used as protective clothing, provides protection against any impact of projectiles or other weapons. Advanced ceramics are widely used to produce lightweight body armors which are effective against bullets. The armor made of advanced fiber absorbs the impact of bullets by dispersing the energy across a large area of the armor.

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