Global Bullet-proof Glass Market: Overview
Bullet-proof
glass market, also referred to as transparent armor, ballistic
glass, or bullet-resistant glass, is an important element of security systems
installed at places that are likely to encounter violent assaults such as
robberies, or in cash trucks, banks, premium vehicles, display cases, ATM
booths, and other applications that call for advanced security features and
protection from bullets and small projectiles. Bullet-proof glasses are
intended to resist one or more rounds of bullets depending on the thickness of
the glass or on the weapon used to fire at them.
Bullet-proof glasses are made from a variety of materials,
including thermoplastics, acrylics, polycarbonates, and glass-clad
polycarbonates, depending on the level of protection sought for an application.
Most bullet-proof glasses are made of layers of one or more types of these
materials or the conventional tempered glass. In some cases, bullet-proof
glasses may not contain even a miniscule amount of actual “glass” to call it
so.
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The global bullet-proof market is projected to expand at a
healthy rate over the report’s forecast period. Rising concerns regarding public
safety and security and rising applications of these glasses will emerge as the
major driving forces.
The report on the global bullet-proof market gives detailed
insights about the crucial elements of the market and the factors that are
projected to have substantial influence on the development prospects of the
market over the period 2016-2024. The report provides a detailed analysis of
the present state of market elements and the major drivers, restraints and
trends, and the way present situations are expected to impact the market over
the report’s forecast period.
Global Bullet-proof Glass Market: Key Trends and
Opportunities
The global market for bullet-proof glasses is being driven
by rising concerns regarding safety and security of the global population as
the world finds itself in the midst of an upheaval owing to the rising
terrorist attacks and the rising sophistication of robberies and thefts. The
market is also substantially driven by the several government regulations that
have been introduced with a view of ensuring maximum safety to financial
institutions and reducing risks to human life.
Some of the major applications of bullet-proof glasses are
their use in high precedence bank kiosks, ATM booths, premium vehicles, display
cases, residential buildings, defense vehicles, and cash trucks. Over the past
few years, the market has witnessed a significant rise in demand from sectors
such as residential buildings and premium vehicles.
Some of the most prominent end users of bullet-proof glasses
are industries such as financial services, construction, automobiles, and
defense.
Global Bullet-proof Glass Market: Region-wise
Outlook
From a geographic standpoint, the global bullet-proof
glasses market is dominated by North America, followed by Europe. The rising
number of armed robberies in North America and the flourishing defense industry
of the region can be attributed for the high demand for bullet-proof glasses in
the region.
However, the market is also expected to witness significant
growth in Asia Pacific and the Rest of the World (RoW) regional sectors over
the report’s forecast period owing to the flourishing finance sector in Asia
Pacific and rising infrastructure development activities in RoW.
Global Bullet-proof Glass Market: Competitive
Outlook
The global bullet-proof glass market is witnessing rising
investments in research and development activities aimed at improving existing
glasses, raw materials, and manufacturing technologies. Some of the key vendors
operating in the market are Asahi Glass co. Ltd, Taiwan Glass Ind. Corp.,
Saint-Gobain S.A., China Glass Holdings Limited, PPG Industries Inc., Nippon
Sheet Glass, Sisecam, China Glass Specialty AG, and Guardian Industries.
This research report analyzes this market on the basis of
its market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North
America
- Asia
Pacific
- Europe
- Middle
East and Africa
- Latin
America
This report provides
comprehensive analysis of
- Market
growth drivers
- Factors
limiting market growth
- Current
market trends
- Market
structure
- Market
projections for upcoming years
This report is a complete study of current trends in the
market, industry growth drivers, and restraints. It provides market projections
for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of top
industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed
value chain analysis.
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