Armor Materials Market worth 161 billion by 2027 Exclusive Report by MarketsandMarkets

CHICAGO, April 6, 2023 /PRNewswire/ — The report “Armor Materials Market by Materials Type (Metals & Alloys, Ceramics, Composites, Para-Aramid Fibers, UHMWPE, Fiberglass), Application (Vehicle, Aerospace, Body, Civil, Marine), & Region (Asia Pacific, North America, Europe, South America) – Global Forecast to 2027”, is projected to grow from USD 11.0 billion in 2021 to USD 16.1 billion by 2027, at a CAGR of 6.6% from 2022 to 2027. The market is projected to grow because of the expanding use of lightweight aluminum alloys in military vehicles like troop carriers. Lightweight aluminum alloys are utilized for equipment transportation, especially air transport…