TechNavio recognizes the following companies as the key players in the Bulletproof Security Glass Market in China: Asahi Glass Co. Ltd., China Specialty Glass AG, Guardian Industries Corp., Nippon Sheet Glass Co. Ltd., and Saint-Gobain S.A.
Commenting on the report, an analyst from TechNavio’s team said: “The Bulletproof Security Glass market in China is witnessing increasing demand for one-way bulletproof security glass. One-way bulletproof security glass is inferred as one of the greatest designs of bulletproof security glass developed so far. It is prepared by combining a layer of brittle glass with another layer of polycarbonate plastics. The one-way bulletproof glass stops bullets and ammunitions fired from outside the vehicle by entangling them within itself, but does not stop the same when fired from inside. This reason has propelled the demand for one-way bulletproof security glass from the Automotive industry, especially in armored vehicles. This is expected to contribute revenue to the Bulletproof Security Glass market in China during the forecast period.”
According to the report, the Bulletproof Security Glass market in China is driven by many growth factors, one of which is the growing demand from the Financial Services industry. The Financial Services industry is the major end-user of the Bulletproof Security Glass market in China, accounting for approximately 55 percent of its demand. With the increasing number of financial institutions and ATM booths in the country, the market is witnessing huge demand for bulletproof security glass from the industry.
Further, the report states that the rising energy costs and the price of raw materials are the major challenges confronted by vendors in the Bulletproof Security Glass market in China. The raw materials and energy are the two major cost items in the production of bulletproof security glass.
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 https://www.technavio.com/report/bulletproof-security-glass-market-china-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Bulletproof Security Glass Market in China 2012-2016
