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Bulletproof Glass Market in China 2015-2019

Post Time:May 27,2015Classify:Industry NewsView:390

About Bulletproof Glass: Bulletproof glass, also known as bullet-resistant or ballistic glass, is a strong and optically transparent glass, used for protection against the impact of bullets or any other ammunition.  It is made by combining two or more layers of different materials, usually one hard and the other soft materials. The refractive index of both the glasses used in the manufacture of bulletproof glass should be the same to make it transparent. Its thickness varies from 0.25 to 4 inches and is usually prepared by sandwiching a layer of thermoplastic with glass laminates, and the number of layers stacked depends on the level of security sought out of its usage.

The global bulletproof glass market has witnessed a rapid expansion in the past decade with the US and China representing the largest markets. The market in China is worth paying attention due to two reasons; one being the fastest growth rate displayed by the market and the other being the sheer size of the market. The financial services, construction, and automotive industries remain the largest end-users of bulletproof glass, and the scope of its usage is rapidly expanding.

 

Technavio's analysts forecast the bulletproof glass market in China to grow at a CAGR of 16.76% over the period 2015-2019.

 

Covered in this Report

This report covers the present scenario and the growth prospects of the bulletproof glass market in China for the period 2015-2019. The report further provides data based on the following:

Application (bank security, ATM booths, display cases, high-end civilian cars, high-speed trains, armored cash-trucks, and others)

End-user  (financial services, automotive, construction, and other industries)

Composition (polycarbonate, acrylics, polyurethane, polyvinyl butyral, and others)

 

Technavio’s report, the Bulletproof Glass Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various applications, end-uses and composition of the bulletproof glass. The report provides comments on both the existing market landscape and the growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market and uses Porter's generic strategies to explain the competitive nature of various vendors in the market.

 

Key Vendors

Asahi Glass

China Glass Holdings

China Specialty Glass

Nippon Sheet Glass

Saint Gobain Group

PPG Industries Aditya Birla Chemicals

 

Other Prominent Vendors

Qufu Shenglu Bulletproof Glass Engineering

Guangzhou Sky Tiger Tempered Glass

Nanjing Xinfurui Glass Industry

Jiangsu Yongxiang Glass

Guangzhou Baolong Bulletproof Vehicle

Taiwan Glass

 

Market Drivers

Demand for Luxury Goods

For a full, detailed list, view our report

 

Market Challenges

Popularity of Alternatives to Bulletproof Glass

For a full, detailed list, view our report

 

Market Trends

Gradual Shift in Focus of Manufacturers from Products to Services

For a full, detailed list, view our report

 

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?

What are the various end-uses and potential applications for the product?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space and what is the nature of competition between them?

What are the market opportunities and threats faced by the key vendors?"

 

More at: www.technavio.com/report/bulletproof-glass-market-in-china-2015-2019

Source: www.technavio.com Author: shangyi

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