The Middle East & Africa Ceramic Armor market was valued at US$ 113.51 million in 2019 and is projected to reach US$ 186.58 million by 2027; it is expected to grow at a CAGR of 6.5% during 2018–2027.
Ceramic armor has been the best material of choice for the production of safety armors. The Middle East & Africa is expected to witness a rapid increase in commercialization and industrialization, which would further boost the varied industrial sectors. Supported by the government, various governments in the region are undertaking the use of Ceramic Armor in their military troops. The key motive of the army is to provide its military with more flexible and lightweight materials. The ceramic have been one of the best alternative for the production of lighter and more flexible suits that is fuelling the growth of the Middle East & Africa ceramic armor market. The region in the current market scenario is experiencing decent growth in the number of industries, which are demanding advanced armor products and solutions. This factor is boosting the ceramic armor product market in the region.
Based on material type, the Middle East & Africa ceramic armor market is segmented into alumina, boron carbide, silicon carbide, ceramic matrix composite, and others. In 2019, the alumina segment dominated the market. Based on application, the Middle East & Africa ceramic armor market is segmented into body armor, aircraft armor, marine armor, vehicle armor, and others. In 2019, the body armor segment accounted for the largest share in the market.
By country, the Middle East & Africa Ceramic Armor market is segmented into the South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa. The growth rate of the ceramic armor market in the countries present in the rest of MEA is moderate. Manufacturing industries in Middle East are supporting the economic growth of the region. Thus, growth and development in the manufacturing sector is expected to provide lucrative opportunities for the ceramic armor market.
3M; BAE Systems Plc.; CeramTec GmbH; Morgan Advanced Materials Plc.; Koninklijke Ten Cate BV; Point Blank Enterprises, Inc.; and Seyntex N.V. are among the major players present in the Middle East & Africa Ceramic Armor market.
Overall size of the Middle East & Africa Ceramic Armor market has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Middle East & Africa Ceramic Armor market.
Impact of COVID-19 Pandemic on Middle East & Africa Ceramic Armor Market
South Africa has reported the highest COVID-19 cases in the Middle East and Africa, followed by Saudi Arabia and the UAE. The UAE was the first country in the region to report a confirmed case of the novel coronavirus. Due to lockdown in the Middle East and African countries, various chemicals & materials companies are closed, which is reducing the sales of various products and hindering the growth of the ceramic armor market in the region.