Asia Pacific Armor Materials Market By Size, Share, Growth and Forecast 2025

Summary

Report Description

The Asia-Pacific armor materials market is expected to grow at a substantial rate during the forecast period. The growth of this market can be accredited to growing incidences of armed conflicts, terrorism attacks and rising tension between adjacent countries in the region. Asia-Pacific has been identified as a high-potential market for armored materials on account of increasing asymmetric warfare activities in the region. Moreover, the development of advanced weapons coupled with increased concerns related to homeland security are some of the other major reasons responsible for the growth of Asia-Pacific armor materials market. However, high production cost of defence products can act as major restraining factor for the growth of Asia-Pacific armor materials market through 2025.

The Asia-Pacific armor materials market is segmented based on type, application, region and company. By type, the market is categorized into metals & alloys, ceramics, composites, para-aramid fibers, ultra-high-molecular-weight polyethylene (UHMWPE) and fiberglass. Among them, the ceramics category dominated the market until 2019 and is anticipated to witness robust CAGR in terms of both value and volume during the forecast period. This high growth can be attributed to its low weight and high rigidity. Additionally, ceramics are widely used in armor vehicles, aerospace, and body armor applications, as these products have controlled micro-structures, which ensures better performance and durability, thereby driving the segment growth in the region.

Major players in the Asia-Pacific armor materials include DuPont de Nemours, Inc, Koninklijke DSM N.V., Honeywell International Inc., 3M Company, Saab AB, Koninklijke Ten Cate BV, Armor Designs Inc., Armorsource LLC, JPS Composite Materials, PPG Industries Inc and others. The key players operating in the market are rapidly adopting various strategies in order to expand their geographic reach.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

To analyse and forecast the market size of Asia-Pacific armor materials.
To forecast Asia-Pacific armor materials market based on type, application and regional distribution.
To identify drivers and challenges for Asia-Pacific armor materials market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Asia-Pacific armor materials market.
To conduct the pricing analysis for Asia-Pacific armor materials market.
To identify and analyse the profile of leading players operating in the Asia-Pacific armor materials market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of armor materials manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product types, application types and presence of all major armor materials manufacturers across the region.

TechSci Research calculated Asia-Pacific armor materials market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Armor materials manufacturers, suppliers, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, industrial associations, forums and alliances related to armor materials
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as armor materials manufacturers, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Asia-Pacific armor materials market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type:

Metals & Alloys
Ceramics
Composites
Para-Aramid Fibers
Ultra-high-molecular-weight Polyethylene
Fiberglass

Market, By Application:

Vehicle
Aerospace
Body
Civil
Marine

Market, By Country:

China
India
Japan
Australia
South Korea

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Asia-Pacific armor materials market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Armor Materials Market

4. Executive Summary

5. Voice of Customer

6. Global Armor Materials Market Overview

7. Asia-Pacific Armor Materials Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, Ultra-high-molecular-weight Polyethylene (UHMWPE), Fiberglass)

7.2.2. By Application (Vehicle, Aerospace, Body, Civil, Marine)

7.2.3. By Company

7.2.4. By Country

7.3. Product Market Map

7.4. Asia-Pacific: Country Analysis

7.4.1. China Armor Materials Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Type

7.4.1.2.2. By Application

7.4.1.3. Pricing Analysis

7.4.1.3.1. By Type

7.4.2. India Armor Materials Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Type

7.4.2.2.2. By Application

7.4.2.3. Pricing Analysis

7.4.2.3.1. By Type

7.4.3. Japan Armor Materials Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Type

7.4.3.2.2. By Application

7.4.3.3. Pricing Analysis

7.4.3.3.1. By Type

7.4.4. South Korea Armor Materials Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Type

7.4.4.2.2. By Application

7.4.4.3. Pricing Analysis

7.4.4.3.1. By Type

7.4.5. Australia Armor Materials Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Type

7.4.5.2.2. By Application

7.4.5.3. Pricing Analysis

7.4.5.3.1. By Type

8. Market Dynamics

8.1. Drivers

8.2. Challenges

9. Market Trends & Developments

10. Competitive Landscape

10.1. Competition Outlook

10.2. Company Profiles

10.3. Regional Player Profiled (Leading Companies)

10.3.1. DuPont de Nemours, Inc

10.3.2. Koninklijke DSM N.V.

10.3.3. Honeywell International Inc.

10.3.4. 3M Company

10.3.5. Saab AB

10.3.6. Koninklijke Ten Cate BV

10.3.7. Armor Designs Inc.

10.3.8. Armorsource LLC

10.3.9. JPS Composite Materials

10.3.10. PPG Industries Inc.

11. Strategic Recommendations

12. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Srishti Verma

Business Consultant

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Press Release

Vehicle Armor Segment to Account for Largest Share in Asia Pacific Armor Materials Market During Forecast Period

Dec, 2019

Growing instances of terrorism and increasing defence budget to propel the growth of Asia Pacific armor materials market

Asia Pacific Armor Materials Market By Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, Ultra-high-molecular-weight Polyethylene), Fiberglass), By Application (Vehicle, Aerospace, Body, Civil, Marine), By Country, Competition, Forecast & Opportunities, 2025

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