Increased Government Spending on Security to Drive Global Bulletproof Glass Market

Published Date : Jun 29, 2016

Ballistic glass, also known by the name of bulletproof glass is a type of glass that is made of transparent material and resistant. Bulletproof glass is one of the major elements in security systems. These glasses are installed at several places such as ATM booths, cash trucks, display cases, and others where high security is required. Bulletproof glasses are not completely impenetrable and are expected to resist around one or two rounds of bullets. The resistance of the glass depends on the thickness and the weapon that has been used to fire at the glasses.

Bulletproof glasses are manufactured using different materials such as:

  • Acrylics
  • Thermoplastics
  • Glass-Clad Polycarbonates
  • Polycarbonates
  • Others

The material of the bulletproof glass depends on the level of protection required for that application. Some of the key end users of bulletproof glasses are financial services, construction, defense, and automotive industry. The growing issues regarding the security and safety of the global population due to rising terrorism are expected to boost the demand for bulletproof glasses in the next few years. In addition, the rising thefts and robberies around the globe are estimated to bolster the growth of the global bulletproof glass market in the next few years.

Growing Demand from Automotive Sector to Propel Global Bulletproof Glass Market

The governments of several countries are spending an enormous amount on their defense infrastructure to protect their region from terrorism activities. In addition, they are also spending to safeguard the financial institutes and reduce the risk of human loss. The global bulletproof glass market is expected to witness rapid growth in the next few years, owing to the rising demand for bulletproof glasses from premium automobiles and residential properties. 

Some of the prominent players operating in the global bulletproof glasses market are Sisecam, Asahi Glass co. Ltd, Taiwan Glass Ind. Corp., China Glass Specialty AG, PPG Industries Inc., Nippon Sheet Glass, Guardian Industries, China Glass Holdings Limited, and Saint-Gobain S.A. These players are witnessing escalating investments in the research and development activities in order to improve the quality of raw materials, existing glasses, and manufacturing technologies.