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What is Happening With Bulletproof Security Glass Market? Get Full Information With Asahi Glass Co. Ltd,Guardian Industries Corp,Sisecam Group,Schott AG

What is Happening With Bulletproof Security Glass Market? Get

Bulletproof security glass market is experiencing a surge in demand, attributed to growing security concerns around the globe. Its market is highlighted in a new research report by Future Market Insights, which showcases an in-depth analysis of different aspects of the market, its application and demand. This comprehensive research report is titled ‘Bulletproof Security Glass Market: Global Industry Analysis 2013–2017 and forecast 2018–2026’.

According to the report, the global market for bulletproof security glass is triggered by an upturn in many other industries like automotive, infrastructure, and defense, where it is notably used. The forecast says that global bulletproof security glass market is expected to reach a value of over US$ 6,100 Mn by the end of 2026, witnessing a stellar CAGR of 9.0% during the eight year forecast period.

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Bulletproof Security Glass Market: Snapshot
Exploding growth of construction and automotive industries is identified to be a key factor driving the demand for bulletproof security glass worldwide. According to the market report, commercial and institutional construction is expected to represent a market value of over US$ 5, 00,000 Mn in global bulletproof security glass market, which is higher than any other end-use industry in the market. However, in terms of growth rate, automotive industry is ahead. There is a huge scope for application of bulletproof security glass in the upcoming cars, which is why the automotive industry is expected to grow at a CAGR of 9.6% during the forecast period. Asian countries, especially India, is anticipated to witness significant demand in upcoming years.

Emergence of Lightweight Bulletproof Glass Trends in the Global Market
The market research report has come up with many new facts about the market growth and demand prevalence. Although bulletproof glass is in high demand from almost each sector worldwide, its adoption by automotive sector may have to encounter with certain challenges due to heavy weight that exerts more pressure on vehicles and fosters emission levels. However, regulatory bodies are putting extra emphasis on lowering emission rates which has fastened the process on development of lighter bulletproof glass in the market. Global players are focusing on more investments in R&D activities to enhance their product portfolios. Many major players are also seen focusing on expanding their global footprint through various mergers and acquisitions. This trend is expected to continue over the next few years.

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Other than financial institutions, the bulletproof security glass market is also finding its growing importance in the defense industry. Regions that are highly vulnerable to terrorist attacks such as Israel, Iraq and Syria, have been witnessing surging demand from automotive as well as building construction end-use sectors. Increasing demand for bulletproof vehicles from military and defense installations and important buildings has been a key driver for the regional market growth.

1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition

3. Market Background
3.1. Macro-Economic Factors
3.1.1. Global Industry Value Added
3.1.2. Global GDP Growth Outlook
3.1.3. Global Automotive Production Forecast
3.2. Forecast Factors – Relevance & Impact
3.3. Value Chain
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunity Analysis

4. Market Forecast
4.1. Market Volume Projections
4.2. Pricing Analysis
4.3. Market Size Projections
4.3.1. Y-o-Y Projections
4.3.2. Absolute $ Opportunity Analysis

5. Global Bulletproof Security Glass Market Analysis By Application
5.1. Introduction
5.1.1. Market Value Share Analysis By Application
5.1.2. Y-o-Y Growth Analysis By Application
5.2. Historical Market Size and Volume Analysis By Application 2013–2017
5.3. Market Size and Volume Forecast By Application 2018–2026
5.3.1. Bank Security Glass
5.3.2. Armored Cash Trucks
5.3.3. ATM Booths
5.3.4. Display Case
5.3.5. Residential Buildings
5.3.6. Premium Vehicles
5.3.7. Others
5.4. Market Attractiveness Analysis By Application

Various regions across the globe have laws that prohibit the use of bulletproof security glass. Philadelphia has attempted to enact laws prohibiting the use of bulletproof security glass in the infrastructure of certain businesses, owing to illegal functioning of restaurants as bars, and illegal supply of liquor, both of which attract large crowds that may prove to be a public nuisance. Further, manufacturers operating in developing regions do not seem to meet the international quality standards primarily owing to insufficient R&D investment, which ultimately affects the export activities.

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ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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