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OverviewAPI
The global armor materials market is projected to expand from $11.45 billion in 2022 to $12.30 billion in 2023, with a CAGR of 7.5%. By 2032, the market is anticipated to reach $20.8 billion, driven by increasing demand for lightweight and effective armor materials in the military and security sectors. The roof coating market is also expected to grow significantly, reaching USD 2.41 billion by 2030, fueled by the construction sector's rising demand.

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