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Posts tagged ‘Bulletproof Security Glass Market’

Global Bulletproof Security Glass Market: Rising Security Concerns to Fuel Market

The global market for bulletproof security glasses has been showing a decent development at present. The rapid increase in terror attacks across the world has boosted this market to a great extent. The rising concerns over safety issues have fueled the demand for bulletproof security glasses significantly and this factor is also projected to drive the bulletproof security glasses market in the future.

The global market for bulletproof security glasses is thriving currently, however, the changes proposed via the implementation of regulatory guidelines by green councils as well as the high energy costs associated with the production processes of bulletproof security glasses are hampering the market growth to a certain extent. In addition to this, the rising raw materials prices are expected to pose a serious challenge for this market in the coming years.

According to a market study published by Persistence Market Research (PMR), a market research and intelligence firm, the worldwide market for bulletproof security glasses stood at US$2.4 bn in 2015. Expanding at a CAGR of 8.80% from 2015 to 2021, the global market is likely to reach a value of US$3.9 bn by the end of 2021.

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Middle East and Africa to Post Fastest Growth in Global bulletproof security glass Market

The global bulletproof security glass market is spread across North America, Latin America, Asia Pacific excluding Japan, Japan, Western Europe, Eastern Europe, Central Europe, and the Middle East and Africa. Among these, the bulletproof security glass market in North America holds more than 26.8% of the overall market and has thus placed itself as the market leader. The U.S. and Canada are the two major markets in North America.

In 2015, this regional market reported a market value of US$638.7 mn. Analysts expect this market to expand at a CAGR of 8.10% between 2015 and 2021 and reach US$1,016.6 mn by the end of 2021. The rising demand for bulletproof security glasses from the automotive and construction industries is likely to drive the North America market for bulletproof security glasses. However, the Middle East and Africa market is anticipated to post the highest CAGR in the next few years.

Europe is the second largest market in the global market for bulletproof security glasses. Western Europe, Eastern Europe, and Central Europe are the three main divisions of the Europe bulletproof security glass market.

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Global bulletproof security glass Market: Segmentation and Key Players

The worldwide market for bulletproof security glasses is broadly analyzed on the basis of the application and end user of bulletproof security glasses. Based on application, the market is segmented into the markets for bank security glass, ATM booths, armored cash trucks, residential buildings, display case, and premium vehicles. The financial services, construction, and automotive industries are the key end users of bulletproof security glasses.

ÅžiÅŸecam, PPG Industries Inc., China Specialty Glass AG, Guardian Industries Corp., Taiwan Glass Ind. Corp., China Glass Holdings Ltd., Apogee Enterprises Inc., Saint-Gobain S.A., Asahi Glass and Co.Ltd., and Nippon Sheet Glass Co. Ltd. are the key companies operating in the global market for bulletproof security glass. Other prominent players of this market are Nanjing Xinfurui Glass Industry, Guangzhou Sky Tiger Tempered Glass, Qufu Shenglu Bulletproof Glass Engineering, and Jiangsu Yongxiang Glass.


Global Bulletproof Security Glass Market Expected to Grow US$3972.5 million by 2021

According to a new market report published by Persistence Market Research “Global Market Study on Bulletproof Security Glass Market – Middle East & Africa to Witness Highest Growth by 2021”, the global bulletproof security glass market was valued at USD 2,395.7million in 2015 and is expected to expand at a CAGR of 8.8% from 2015 to 2021, to reach USD 3972.5 million by 2021.

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Bulletproof glass also known as bullet-resistant glass, transparent armor, and ballistic glass is made up of transparent materials that can resist any damage from small projectiles and bullets. It is usually made with an arrangement of two or more types of glass, one hard and one soft. The glass product is produced using ballistic materials such as polycarbonate, acrylic, glass-clad polycarbonate, and thermoplastic that can withstand any damage from small projectiles and bullets.


Bulletproof Security Glass Market – Global Industry analysis and Forecast to 2020

Safety is on of the major concern for the national and state governments. Installing proper security system is one of the major demands for the building owners especially corporate and government buildings, also government vehicles. Among various security systems bulletproof security glass is in great demand in the recent due to increasing terror attacks and other security purposes. Bulletproof security glass also known as ballistic glass, transparent armor or bullet-resistant glass are any type of class made up of strong but optically transparent material that can resist any damage while stuck by stone or bullets. However, these glasses are not completely impenetrable. Bulletproof security glasses are generally made up of combination of two or more kind of glasses (one hard and one soft). The softer layer makes the glass more elastic so that it can flex instead of shatter while stuck with any hard material such as stones or bullets. Bulletproof security glasses come in different forms depending on the thickness of the glass that is between 19mm to 76mm thickness.

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Bulletproof security glasses are generally constructed with materials such as polycarbonate, thermoplastic, and laminated glass. These materials make the bulletproof security glass more clear and provide protection from small arms such as bullets. These glasses are treated with continuous heating and cooling to make the glass stronger.


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