Bullet Proof Glass Market Development Trends, Key Manufacturers And Competitive Analysis 2027 | Saint-Gobain, PPG Industries, Inc., AGC Inc., Schott AG, Taiwan Glass IND. Corp., Nippon Sheet Glass Co., Ltd, Armortex

Market Analysis and Insights: Asia-Pacific Bullet Proof Glass Market

Bullet proof glasses offer various benefits over conventional glass such as high ballistic strength, UV protection and others. Increased need for bulletproof glasses for bureaucrats and governmental leaders is augmenting the market growth.

Increasing defence budgets by the Asia-Pacific countries, owing to which bulletproof glasses are being installed in the military vehicles and buildings is driving the growth of market. Bulletproof glasses are completely different from the conventional glasses. The stone-chip and scratch resistance and the anti-laser protection properties possessed by bulletproof glasses are expected to create opportunities for the market to grow in the military bases. For instance, China ranked second in terms of defence budget, having share of 14.0% in the world.

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This bullet proof glass market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Bullet proof glass market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 15.5% in the forecast period of 2020 to 2027 and expected to reach USD 5,630.28 million by 2027. Growing demand of luxury cars and increasing need for bullet proof glasses in political rallies and events are the factors driving the market growth.

Strong Investment in Research and Development Activities and New Technology Penetration

Asia-Pacific bulletproof glass market also provides you with detailed market analysis for every country growth in automotive industry with bulletproof glass sales, components sales, impact of technological development in batteries and changes in regulatory scenarios with their support for the Asia-Pacific bullet proof market. The data is available for historic period 2010 to 2018.

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Competitive Landscape and Bulletproof Glass Market Share Analysis

Asia-Pacific bulletproof glass market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific bulletproof glass market.

The major players covered in the report are Saint-Gobain, PPG Industries, Inc., AGC Inc., Schott AG, Taiwan Glass IND. Corp., Nippon Sheet Glass Co., Ltd, Armortex, Total Security Solutions (TSS), Apogee Enterprises, Inc., Binswanger Glass, Protective Structures, Centigon Security Group (A subsidiary of Carat Duchatelet Holdings), Armassglass, Stec Armour Glass (M) SDN BHD and many others. Competitive strengths and provide competitive analysis for each competitor separately.

Asia-Pacific Bullet Proof Glass Market Scope and Market Size

Asia-Pacific bullet proof glass market is segmented into four notable segments which are based on the basis of type, security level, car make and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of type, the market is segmented into acrylic, traditional laminated glass, polycarbonate, Glass-clad polycarbonate, ballistic insulated glass and others. Acrylic segment had accounted for the maximum share as they are most common raw material used in the manufacturing of any type of glass and also they are easily available.

On the basis of security level, the market is segmented into security level and standard security level. The security level accounted for the largest market share as the consumption of bullet proof glasses are high in China. They are majorly sold to the commercial as well as the residential building officials, as it follows all the ballistic bullet proof standards. In 2019, Total Security Solutions has increased the manufacturing capabilities of their Michigan facility located in the U.S. With this expansion, the company is expected to double the production of various solutions, thus helping to meet the requirements of customers across the globe.

On the basis of car make, the market is segmented into luxury, SUV, sedan, truck, minivan, convertible, coupe, hatchback and others. . Luxury cars are dominating the market as major customers prefer to charge their vehicle at home when it is an ideal model available in every country and region with bulletproof glasses. For instance, In September, Taxas Armoring Corporation has announced an expansion in company while introducing luxury lightweight armoured passenger vehicles in Honduras, Central America. This expansion would help the company in increasing the manufacturing of various products in the country in a 40,000 square foot facility and will also provide complete services to their clients from production of parts to installation and replacement. .

On the basis of end-user, the market is segmented into building & construction, banking & finance, automotive, military, others. Building & construction is dominating in the Asia-Pacific region since the country has a high GDP growth rate due to which the construction industry is growing at a rapid rate. For instance, Guardian Glass LLC has expanded the manufacturing of coated glass and additional float by building a new plant at their Czestochowa facility, located in Poland. With this expansion, the company will be able to meet the increasing demand for fabricated, coated and float glass products across Europe.

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Bulletproof Glass Market Country Level Analysis

Asia-Pacific bulletproof glass market is analysed and market size information is provided by country by type, security level, car make and end-user as referenced above.

The countries covered in the bulletproof glass market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific. Check

China dominates the Asia-pacific bulletproof glass market due to strong manufacturing base as well as export of components required for electric vehicles, while the Japan is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increased consumption by population. For instance, Wingate Partners, the U.S. based investment firm acquired Binswanger Glass, the U.S. based leading producers of glass solutions. With this acquisition, the investments by Wingate Partners will help Binswanger Glass to grow in the existing as well as in the new market.

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