Press release
Bulletproof security glass Market witnessing a stellar CAGR of 9.0% during the eight year forecast period.
Bulletproof security glass Market
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Company Profiles
Asahi Glass Co. Ltd.
Compagnie de Saint-Gobain S.A.
Nippon Sheet Glass Co., Ltd.
Guardian Industries Corp.
China Glass Holdings Limited
Sisecam Group
Taiwan Glass Ind. Corp.
Phoenicia Flat Glass Industries Ltd.
Schott AG
Scheuten Glass Holdings B.V.
Apogee Enterprises, Inc.
Duratuf Glass Industries (P) Ltd.
Jeet & Jeet Glass and Chemicals Pvt. Ltd.
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.
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.
View Report Table of Contents, Figures, and Tables
Table Of Content
1. Executive Summary
2. Market Introduction
3. Market Background
4. Market Forecast
5. Global Bulletproof Security Glass Market Analysis By Application
6. Global Bulletproof Security Glass Market Analysis By End-use
7. Global Bulletproof Security Glass Market Analysis By Region
8. North America Bulletproof Security Glass Market Analysis
9. Latin America Bulletproof Security Glass Market Analysis
10. Europe Bulletproof Security Glass Market Analysis
11. Middle East and Africa Bulletproof Security Glass Market Analysis
12. South East Asia & Pacific Bulletproof Security Glass Market Analysis
13. China Bulletproof Security Glass Market Analysis
14. Japan Bulletproof Security Glass Market Analysis
15. India Bulletproof Security Glass Market Analysis
16. Competition Analysis
17. Research Methodology
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