Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Bulletproof Security Glass Market: Global Industry analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 07/06/2015 -- Safety is on of the major concern for the national and state governments. Installing proper security system is one of the major demands for the building owners especially corporate and government buildings, also government vehicles. Among various security systems bulletproof security glass is in great demand in the recent due to increasing terror attacks and other security purposes. Bulletproof security glass also known as ballistic glass, transparent armor or bullet-resistant glass are any type of class made up of strong but optically transparent material that can resist any damage while stuck by stone or bullets. However, these glasses are not completely impenetrable. Bulletproof security glasses are generally made up of combination of two or more kind of glasses (one hard and one soft). The softer layer makes the glass more elastic so that it can flex instead of shatter while stuck with any hard material such as stones or bullets. Bulletproof security glasses come in different forms depending on the thickness of the glass that is between 19mm to 76mm thickness.
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Bulletproof security glasses are generally constructed with materials such as polycarbonate, thermoplastic, and laminated glass. These materials make the bulletproof security glass more clear and provide protection from small arms such as bullets. These glasses are treated with continuous heating and cooling to make the glass stronger.
Bulletproof security glass comes under different variants depending on the thickness of the glass and end- users demand. Bulletproof security glasses are majorly applied in the armed force of any country. Other major application of bulletproof security glasses includes military vehicles, automotive industry, unarmored vehicles, civilian buildings, civil bulletproof vehicles. Also used by the marine industry.
North America has the major market share for bulletproof security glass, followed by Europe and Asia-Pacific. The U.S. and China are the largest market for bulletproof security glass globally. China is expected to witness double digit growth in the forecasted period. North America and Europe are expected to show moderate growth in the coming years. Asia-Pacific is expected to witness highest growth in the forecasted period owing to increasing demand the end-user in the developing countries such as India and China.
Increasing threats from mobs, guns, bombs, firearms and other kinds of violence, demands for better security system, providing growth opportunity for the global bulletproof security glass market. Additionally, rapidly increasing urbanization is expected to pose security threat for high net worth individual. Hence, these individuals have started opting for bulletproof cars, armored vehicles as well as secure residential environment. Also with increasing urban population demand from housing sector is expected to increasing as people have started demanding bulletproof glasses for security purpose. Also terror and other violence threat are boosting the demand for bulletproof glass in luxury automobiles, residential buildings, and financial institution. However, higher raw material cot to manufacture bulletproof security glass is expected to hamper the global bulletproof security glass market to some extent.
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Increasing demand and willingness to invest more for safety purpose especially by high profile individual and governments have influenced the glass manufacturing companies to invest more in bulletproof glass market. Some of the major players operating in the global bulletproof security glass market are China Security Glass AG, PPG Industries Inc., Nippon Sheet Glass Co., Asahi Glass Co. Ltd., Al Abbar Glass and Trading Co., Sisecam Holding Co. and Essex Safety Glass Co.
Key Points Covered in the Report
1) Market segmentation on the basis of type, application, product, and technology (as applicable)
2) Geographic segmentation
3) Market size and forecast for the various segments and geographies for the period from 2010 to 2020
4) Company profiles of the leading companies operating in the market
5) Porter's Five Forces Analysis of the market
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