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Market for Armor Materials to Grow to $16.1 Billion by 2027
Aug 22nd, 2024 · Comments Off on Market for Armor Materials to Grow to $16.1 Billion by 2027
In terms of value, the Armor Materials Market is estimated to grow from USD 11.0 billion in 2021 to USD 16.1 billion by 2027, at a CAGR of 6.6%. The demand for conducting military operations near conflict zones has increased, as have the defense budgets of emerging economies, the frequency of terrorist attacks, and the number of ongoing international conflicts. These factors have all contributed to...