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World Bulletproof Glass Market Share Estimated to Reach Over USD 12 Billion by 2026

Post Time:Dec 07,2021Classify:Industry NewsView:931

Facts and Factors have published a new research report titled “Bulletproof Glass Market By Type (Acrylic, Traditional Laminated Glass, Polycarbonate, Glass-Clad Polycarbonate, Ballistic Insulated Glass, Others) By Security Level (Standard Security Level, VIP Security Level) By Vehicle Type (Luxury, SUV, Sedan, Truck, Others) and By End User (Building & Construction, Banking & Finance, Automotive, Military, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” in its research database

“According to the latest research study, the demand of global Bulletproof Glass Market size & share expected to reach to USD 12 Billion by 2026 from USD 6 Billion in 2019, at a compound annual growth rate (CAGR) of v during the forecast period 2020 to 2026”

How Big is Bulletproof Glass Market? Report Overview & Coverage:

Bulletproof glass is a strong and optically transparent glass that is designed to resist penetration by any kind of projectiles such as shells and bullets. Bulletproof glasses are made up of several layers of thermoplastics and laminated glasses that form bulletproof glass and provide a different level of protection. These glasses handle the pressure very easily created by the bullet on the surface of the glass. Bulletproof glass is used in high-security buildings and structures like Jewelry stores, Military bases, International embassies, and vehicles of VIPs. The thickness of these bulletproof glasses varies from 19mm to 89mm.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Bulletproof Glass industry. The report analyzes and declares the historical and current trends analysis of the Bulletproof Glass industry and subsequently recommends the projected trends anticipated to be observed in the Bulletproof Glass market during the upcoming years.

Industry Major Market Players

  • 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

Market Segmentation

As per the type analysis, the bulletproof glass market is fragmented into Polycarbonate, Acrylic, Ballistic Insulated Glass, Glass-Clad Polycarbonate, Traditional Laminated Glass, and Others. The acrylic segment is expected to dominate the market owing to its easy availability and it is used as the most common raw material in manufacturing any type of glass. As per the security level analysis, the bulletproof glass market is divided into Standard Security Level and VIP Security Level. The VIP security level is expected to dominate the market as VIP treatment is given to the top officials of any country like the top politicians, businessmen, celebrities, and bureaucrats. As per the Vehicle type analysis, the bulletproof glass market is divided into Luxury, SUVs, sedans, trucks, and Others. Luxury cars are mostly preferred by the VIPs owing to their purchasing power and being a top and renowned person in that specific country or region. As per the End User analysis, building and construction are expected to dominate the market in the coming years owing to the rapid growth in the construction industry and the growing demand for safety and security against various kinds of lethal attacks like thefts, robberies, or even terrorist attacks. Several governments have introduced several regulations with a view of providing maximum security and safety to their institutions and citizens.

Regional Dominance:

As per the regional analysis, the region of North America is expected to dominate the market as it is the leading bulletproof glass manufacturer in the world. Similarly, the huge spending in the defense sector by the government and the need against the rising number of armed robberies in North America is triggering the demand for bulletproof glasses. However, there is a significant growth in the demand for bulletproof glasses from the Asia Pacific owing to the growing infrastructure development and thriving economies of the region.

Global Bulletproof Glass Market: By Type Segmentation Analysis

  • Acrylic

  • Traditional Laminated Glass

  • Polycarbonate

  • Glass-Clad Polycarbonate

  • Ballistic Insulated Glass

  • Others

Global Bulletproof Glass Market: By Security Level Segmentation Analysis

  • Standard Security Level

  • VIP Security Level

Global Bulletproof Glass Market: By Vehicle Type Segmentation Analysis

  • Luxury

  • SUV

  • Sedan

  • Truck

  • Others

Global Bulletproof Glass Market: By End User Segmentation Analysis

  • Building & Construction

  • Banking & Finance

  • Automotive

  • Military

  • Others

Source: https://www.einnews.com/Author: shangyi

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