Global Ceramic Armor Market Insight
According to the WK-chem Research “Global Ceramic Armor Professional Survey Report 2022, Forecast to 2027”, the government is increasing investment in the defense sector in order to improve security services and increased threat of attacks, which provides growth in the ceramic armor market power. Additionally, growing concerns about soldier safety and soldier survivability and advancements in ammunition and weapon systems have also sparked the need for ceramic armor. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 7.15% base on WK-chem Research regression analysis model.?
Analysts’ Viewpoint:
The pandemic has affected economies due to lockdowns, travel bans, and business shutdowns. The global chemicals and materials industry is one of the major businesses enduring supply chain breaks and manufacturing disruptions due to these restrictions. , said Amy, Senior analyst, Chemical & Material Market Research Center in WK-chem Research. China is the global hub of manufacturing and the largest raw material supplier for various industries. The lockdown of various plants and factories leading regions, such as Asia Pacific and Europe, is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and product sales. These factors have adversely affected the global ceramic armor market growth.
Market insight:
Russia's special military operations in 2022 will directly drive the market demand for ceramic armor. However, due to the extremely close relationship between Central Asia and Russia, the situation in the region also began to fluctuate. Before the outbreak of the special military operation, there was civil strife in Kazakhstan, which had a greater impact on the situation in Central Asia. Although the CSTO quickly dispatched troops to quell the civil unrest, the political unrest in the region is still over. Political instability has directly driven the demand for ceramic armor in the region. At the same time, the negotiations on the Iranian nuclear issue in the Middle East are still over, and it cannot be ruled out that the regional tensions caused by the failure of the negotiations cannot be ruled out. At the same time, we must also pay attention to the Taiwan Strait issue and the North-South relationship on the Korean Peninsula. These factors will make the risk center countries increase their demand for ceramic armor. In addition, due to the more concealed methods of arms smuggling and drug smuggling, as well as the increase in terrorist hostilities, the demand for ceramic armor has increased in various regions.
In terms of supply, since the production technology of high-end ceramic armor is in the hands of the leading companies in the military industry, there are few purchasing channels for high-end ceramic armor. At present, the ceramic armor products circulating in the market are mainly bulletproof vests, and the sales volume is higher in turbulent areas. The main material of ceramic armor is ceramic powder. Compared with daily ceramics, ceramic powder used for ceramic armor has higher requirements, and the degree of powder refinement is higher. The core production technology of fine ceramic powder is mastered in the United States and Japan, Germany, Russia and other countries, so there are great restrictions on the production and supply of ceramic armor in other countries. In addition, the production of ceramics relies heavily on natural gas. Although the price of natural gas has dropped, but affected by the sanctions and counter-sanctions by Russia and other countries, the price of natural gas will remain high and fluctuated in the future, which will affect the production cost of ceramic powder. greater impact. Sustained high and volatile natural gas prices may have a certain impact on the supply of ceramic armor. However, in the case of sufficient supply of raw materials, the number of participants in the ceramic armor market is relatively large, which can meet the market demand.
Since the U.S. military developed ceramic armor in 1962 and applied it to the Vietnam War, the production technology of ceramic armor has continued to innovate. The ceramic armor preparation technologies that have been developed so far include single-phase ceramic preparation technology, multi-phase ceramic preparation technology, fiber composite ceramic preparation technology and transparent ceramic preparation technology. Single-phase ceramics have certain ballistic resistance, but the common problems are low fracture toughness and high brittleness, so multi-phase ceramic preparation technology has emerged. Subsequently, the combination of carbon fiber and ceramic materials was used to improve the ballistic resistance of ceramic armor, further expanding the types of ceramic armor. At present, the more popular transparent ceramic armor is widely adopted because it can not only protect the human body but also observe the enemy's situation at any time. However, there are still certain difficulties in the production of transparent ceramic armor. Due to the continuous upgrading of ceramic armor manufacturing technology, the product types are more extensive, and the corresponding products can be purchased according to needs when purchasing. Various types of products expand the target group of ceramic armor and further expand market sales.
Competition Landscape:
The global ceramic armor market is extremely competitive, with the presence of several well-established players, who could account for a large share in the overall market, in the coming years. The leading players in the global ceramic armor market are expected to collaborate with smaller players in a bid to expand their market presence and increase their revenue share. Growing demand for advanced ammunition could also propel well-established market players to focus on research and development activities in a bid to produce improved quality of ceramic armors. This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Ceramic Armor companies that include CoorsTek, 3M, Saint Gobain, Morgan Advanced Materials, Schunk, Multotec, FMS Enterprises Migun LTD, Plasan, HighCom Armor, Nurol Teknoloji, Paxis, ATS Armor, LLC, STC Superior Technical Ceramics, HESCO, Precision Ceramics, Hoplite Armor, Premier Body Armor, Diamond Age, RMA Armament, SM Group, Surmet, SITX Technologies, Inc., Duratec.
Segmentation of Ceramic Armor Market:
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Based on material, the market has been categorized into silicon carbide, boron carbide, ceramic metal composite, alumina, and others. Demand for lightweight, comfortable, and improved protection material is driving the overall market. In 2022, alumina dominated the market in terms of revenue as the material is widely used by armor manufacturers. Alumina provides cost - benefit ratio, which features high refractoriness, high modulus of elasticity, and high hardness. Boron carbide is primarily used in ceramic plates, which are used in armored helicopters and body armors to protect against smaller projectile.
Based on application, the market has been segmented into body, aircraft, defense, and marine. Increasing defense spending and extent of militarization in major countries of the world have stimulated demand for high - performance products and materials. Defense agencies are focusing on enhancing their capabilities owing to increasing cross - border instability and war - like situations. In 2022 the defense segment dominated the market in terms of revenue and is estimated to retain its dominance over the forecast period owing to high demand for advanced ceramic armor in defense applications. Moreover, focus on soldier safety and soldier survivability is boosting demand for modular tactical vests and double - sided combat uniforms. Advancements in ammunition and weapon systems are leading to increased demand for efficient solutions.
Ceramic Armor Market: Regional Analysis
In terms of geography, the global Ceramic Armor market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. The North America region will dominate market growth. First of all, the United States has a lot of troops stationed around the world, and the demand for troops is huge. At the same time, the United States continued to provide Ukraine with military supplies during the Russian-Ukrainian conflict, and the extreme right-wing elements in the United States continued to take terrorist actions and large-scale demonstrations in the country. These will increase the consumption of ceramic armor in the United States. In Mexico, there are problems such as the proliferation of drugs. Drug trade and gang fights have made the consumption of ceramic armor in Mexico continue to rise.
Cagr: 7.15%
Largest share area:North America
Largest share country:the Unite States
Product Type(by material):Silicon Carbide, Boron Carbide, Ceramic Metal Composite, Alumina, And Others
Application:Body, Aircraft, Defense, And Marine
Leading Company:CoorsTek, 3M, Saint Gobain, Morgan Advanced Materials, Schunk