Title: Worldwide Bullet Resistance Glass Market forecasts on regional growth, industry players and more
1Bullet Resistance Glass Market Price, Trends,
Industry Outlook Forecast 2017-2024
2Global Market Scenario of Bullet Resistance Glass
Industry
- Bullet Resistance Glass Market size shall witness
growth owing to its use in automotive, defence
and marine industry. Increasing crime rate and
terrorist activities, has increased the concern
for safety of people. Robberies and thefts at
banks, ATM kiosks, jewellery shops and cash
carrying vans have escalated. - Bullet resistance glass is tested by firing
projectile through a gun from specific distance
and at specific speed. Based on the depth of dent
and penetration of projectile, study is done for
requirement of thickness and material of
construction. - Construction material depends on type of service
and protection level needed that may vary from
thermoplastics, polycarbonate, clad polycarbonate
and acrylic.
3 Continue
- The protection may be enhanced with increase in
number of layers. Primary aim during its
construction is appearance and clarity along with
protection. Amorphous polymer is added to the
product in order to achieve transparency. - Reasons to Buy This Report
- 1. Bullet Resistance Glass Market size
share forecast by product application,
2017-2024 - 2. Growth drivers, pitfalls industry
challenges - 3. Key Bullet Resistance Glass Market
growth opportunities emerging business models - 4. Competitive benchmarking with market
share analysis and company profiles - Automobile sector is a major end use in bullet
resistance glass market owing to growth in
premium vehicles usage and demand for value added
products has increased the product consumption. - Automobile industry has grown at a CAGR of above
4.5 in last seven years that is expected to
propel bullet resistance glass market in forecast
period. - To achieve the transparency, clear undistorted
view, index of refraction for layer of glasses
must be almost same. Its thickness may vary from
19 to 89 mm (0.75 to 3.5 inches).
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Research Methodology
5Regional Insights
- North America, led by the U.S. has significant
share in global bullet resistance glass market
attributing to increased crime rate and
flourishing defence industry. Defence industry is
anticipated to grow around 3.2 in next five
years with an aim to strengthen US military. - Europe led by Germany has substantial share owing
to well established automobile industry hosting
big players such as Audi and Volkswagen. - Asia Pacific has moderate share in bullet
resistance glass market and expected to increase
with recent infrastructure development and use of
product in buildings. Further presence of some
prominent players such as Asahi and Nippon has
augmented the product availability. Latin America
and Middle East Africa have nascent share with
their use in security systems.
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6Competitive Insights
- Major players of global bullet resistance glass
market are - Asahi, Saint Gobain, Taiwan Glass, China Glass
Holding, Nippon Sheet, PPG Industries, Sisecam
and Guardian Industries. Saint Gobain has adopted
merger and acquisition strategy in order to
increase market share. It has acquired raw
material producing companies namely British
Plaster Board and Grindwell Norton that has
reduced its overall production costs.
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