- Global Bullet-proof Glass Market: Overview
Bullet-proof
glass, 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.
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.
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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.
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