Global Ceramic Armour Market to Grow at a CAGR of 7.6% During 2024-2032, Aided by the Increasing Demand for Armour for Defence Applications

The ceramic armour industry is driven by the changing preference towards ceramic as an alternative to metal to make body armours. Unlike metals, ceramic vests are light-weight, exhibit toughness, offers high performance and protection, and are customisable. Hence, the growing adoption of ceramic-based body armours for defence and military applications is likely to boost the global ceramic armour industry. Moreover, the increasing development of combat-aircraft and increasing investments to bolster air capabilities, owing to the rising border conflicts and terrorism, are also anticipated to augment the product demand for aircraft applications.

In July 2021, Sintx Technologies Inc. (NASDAQ: SINT) entered the ceramic armour industry through the purchase of B4C, LLC assets and technology license from Precision Ceramics USA Inc. The company is going to utilise a two-pronged strategy via its newly created and wholly owned subsidiary known as SINTX-Armor. Such developments are anticipated to provide impetus to the market in the forecast period.

In terms of region, North America is likely to account for a significant share in the market and is anticipated to witness a healthy growth in the forecast period. The United States of America makes significant expenditure on military and defence capabilities globally. In addition to this, the country is witnessing a significant increase in the production of warships and light-combat aircraft, which is likely to generate a considerable demand for ceramic armours.

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Market Breakup by Material, Application, and Region:

• The market is segmented based on material into boron carbide, ceramic metal composite, alumina, and silicon carbide, among others.

• Based on application, the market is divided into body armour, aircraft armour, defence armour, and marine armour, among others.

• Region-wise, the global market for ceramic armour can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for ceramic armour is being driven by the increasing inclination towards ceramic as an alternative to steel in armour production.

• The growing awareness about the light-weight of ceramic armour is anticipated to propel its demand in the forecast period.

• The rising military expenditure by the governments of developed and developing regions is likely to boost the market growth.

• The market is expected to be aided by the rapid technological advancements and growing R&D activities for ceramic armours.

Key Offerings of the Report:

• The EMR report gives an overview of the global market for ceramic armour for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the materials, applications, and major regions of ceramic armour.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global ceramic armour market are CeramTec GmbH, ArmourWorks, Ceradyne, Inc., and CoorsTek Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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