Stratistics MRC’s Global Bulletproof Glass Market value is expected to reach $15.28 million growing at a CAGR of 12.5% during 2022-2028.
Bulletproof glass is a tough, optically clear glass that is resistant to penetration by projectiles like shells and bullets. Bulletproof glasses are made up of numerous layers of thermoplastics and laminated glasses that make bulletproof glass and give varying levels of protection. The pressure exerted by the bullet on the surface of the glass is easily handled by these glasses. Bulletproof glass is utilised in high-security buildings and facilities such as jewellery stores, military sites, international embassies, and VIP vehicles. The thickness of these bulletproof glasses ranges from 19mm to 89mm.
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By geography, Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the large number of construction projects undertaken in developing countries, including India and China. The large population of the countries has increased the development of tall residential and commercial buildings that require high-end safety and security for consumers, driving market expansion. Furthermore, due to rising security threats and discretionary incomes, the region has seen a surge in demand for bulletproof car eyewear. Another key factor driving the increased use of bulletproof vehicles is the reduction of many countries' national defence resources.
Some of the key players profiled in the Bulletproof Glass Market include Asahi Glass Co., Ltd., Nippon Sheet Co., Ltd., National Glass, China Specialty Glass AG, SCHOTT AG, Smartglass International Ltd., D.W. Price Security, Consolidated Glass Holdings, Inc., Taiwan Glass Ind. Corp., China Specialty Glass AG, Guardian Industries Corp., PPG Industries, Inc., Apogee Enterprises, Inc., Emco Industrial Plastics Inc., Saint-Gobain S.A., Total Security Solutions and ACG Inc.
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