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Bullet Proof Security Glass Market in China to Grow at a CAGR of 16.76% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Bulletproof Security Glass Market in China 2015-2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 06/04/2015 -- The report recognizes the following companies as the key players in the bulletproof security glass market in China: Asahi Glass, China Glass Holdings, China Specialty Glass, Nippon Sheet Glass, Saint Gobain Group and PPG Industries Aditya Birla Chemicals

Other Prominent Vendors in the market are: Qufu Shenglu Bulletproof Glass Engineering, Guangzhou Sky Tiger Tempered Glass, Nanjing Xinfurui Glass Industry, Jiangsu Yongxiang Glass, Guangzhou Baolong Bulletproof Vehicle and Taiwan Glass

Commenting on the report, an analyst said: The glass industry has relatively low entry barriers and as a result we can see a huge influx of new players that operate based on price. This often leads to a contraction in the margins of vendors and, as a result, they have to constantly strive to sustain those margins. Energy and environmental costs are significant in the industry as the glass making process is energy-intensive. Therefore, most of the players are embarking on innovation and are making a huge investment in R&D. Going forward, we expect most of the vendors in China to continue working in the above focus areas in order to maintain their margins and survive the competition in the market.

According to the report, the country is on the path of liberalization and is opening up the industry to foreign investment. We expect that government initiatives will lead to an increase in new investment and a greater number of banking outlets and ATMs across the country. This, in turn, should lead to an increase in demand for bulletproof glass in the country.

Further, the report states that bulletproof glass vendors in China are facing several challenges, among which managing input costs and portfolio optimization are prominent.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/bulletproof-security-glass-market-china-2015-2019

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