Global Market Study on Bulletproof Security Glass: Middle East & Africa to Witness Highest Growth by 2021


  • Published On : Jul-2015 |
  • Pages : 144 Pages |
  • Format :

Bulletproof glass also known as bullet-resistant glass, transparent armor, and ballistic glass is made up of transparent materials that can resist any damage from small projectiles and bullets. It is usually made with an arrangement of two or more types of glass, one hard and one soft. The glass product is produced using ballistic materials such as polycarbonate, acrylic, glass-clad polycarbonate, and thermoplastic that can withstand any damage from small projectiles and bullets. 

Bulletproof security glass is mainly used in the end user industries such as financial services industry, automotive industry, construction industry, aerospace industry and marine industry. Bulletproof glasses are being used in a number of applications such as bank security glass, armored cash trucks, ATM booths, display case, residential buildings, premium vehicles, and so on.

Manufacturers and service providers of bulletproof security glass are consistently investing in research and development activities in order to upgrade existing glass types and to develop newer technologies. Bulletproof security glass is of different kinds depending on its thickness and end- users’ demand. Bulletproof security glasses are majorly applied for the security purposes. Increasing security needs are fueling the growth of bulletproof security glass market globally. 

In terms of geography, North America dominates the bulletproof security glass market, contributing around 26.8% to the overall market, followed by Europe. This is due to increased deployment of bulletproof security glass in the region. However, The Middle East and Africa is expected to record highest CAGR during the forecast period.

Rising safety and security concerns amongst the populace are driving demand for bulletproof glass, which is expected to further increase over the next five to six years. Mandates by governments aimed at reducing risk and ensuring minimal security requirements in financial markets across the globe are expected to drive the bulletproof security market significantly. Growth of automobile industry, increasing the financial services market, increasing concerns for safety and security and rising GDP rates for developing economies are some of the major drivers of the market.

This report provides in-depth analysis and estimation of the bulletproof security glass market for the period from 2015 to 2021, considering 2014 as the base year of calculation. In addition, data pertaining to current market dynamics, including market drivers, restraints, trends, and recent developments, have been provided in the report. The bulletproof security glass market is segmented on the basis of application, end-use and countries. Based on applications, the market is segmented into bank security glass, ATM booth, display case, armored cash trucks, residential buildings, premium vehicles, and others

Based on end-use, the market segmentation includes financial services industry, automotive industry, construction industry and others. On the basis of geography, the report identifies and analyses the market size and predictions for North America, Western Europe, Eastern Europe, Central Europe, Asia Pacific Excluding Japan, Japan and Middle East and Africa across various countries. 

Bulletproof glass also known as bullet-resistant glass, transparent armor, and ballistic glass is made up of transparent materials that can resist any damage from small projectiles and bullets. It is usually made with an arrangement of two or more types of glass, one hard and one soft. The glass product is produced using ballistic materials such as polycarbonate, acrylic, glass-clad polycarbonate, and thermoplastic that can withstand any damage from small projectiles and bullets.

Bulletproof security glass is mainly used in the end user industries such as financial services industry, automotive industry, construction industry, aerospace industry and marine industry. Bulletproof glasses are being used in a number of applications such as bank security glass, armored cash trucks, ATM booths, display case, residential buildings, premium vehicles, and so on.

Manufacturers and service providers of bulletproof security glass are consistently investing in research and development activities in order to upgrade existing systems and to develop newer technologies. Bulletproof security glass is of different kinds depending on its thickness and end- user’s demand. Bulletproof security glasses are majorly applied for the security purposes. Increasing security needs are fueling the growth of bulletproof security glass market globally.

The global bulletproof security glass market is anticipated to grow from an estimated USD 2397.5 million in 2015 to USD 3972.5 million by 2021 at a CAGR of 8.8% during the forecast period.

North America is the largest region and dominated the global bulletproof security glass market in 2014 while The Middle East & Africa represents the fastest growing region in the bulletproof security glass market in terms of value.

The North American bulletproof security glass market is anticipated to grow from an estimated USD 638.7 million in 2015 to USD 1,016.6 million by 2021 at a CAGR of 8.1% during the forecast period.

bulletproof-security-glass-market

Some of the major players in the bulletproof security glass market:

  • Asahi Glass co.Ltd.
  • China Glass Holdings Limited.
  • Nippon Sheet Glass.
  • Saint-Gobain S.A.
  • China Glass Specialty AG.
  • PPG Industries Inc.
  • Taiwan Glass Ind. Corp.
  • Apogee Enterprises Corp.
  • Sisecam.
  • Guardian Industries.
  • Other.

These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.

Table of Content

1. Executive Summary

2. Research Methodology

3. Assumptions & Acronyms

4. Global Bulletproof Security Glass Overview

     4.1. Introduction

     4.1.1. Taxonomy

     4.1.2. Definition 

4.2. Flat Glass Market Overview

4.3. Flat Glass: Market Trends

4.4. Global Bulletproof Security Glass Market Analysis and Forecast

4.4.1. Absolute $ Opportunity 

4.4.2. Y-o-Y Growth Projections 

4.4.3. Bulletproof Security Glass - Scenario Forecast

4.5. Global Bulletproof Security Glass Market Dynamics

4.5.1. Drivers

4.5.2. Restraints

4.5.3. Opportunities

4.6. Market Trends

4.7. Value Chain

5. Global Bulletproof Security Glass Market Analysis & Forecast, By End Use

5.1. Introduction

5.1.1. Basis Point Share (BPS) Analysis By End Use 

5.1.2. Y-o-Y Growth Comparison By End Use 

5.2. Market Forecast, By End Use

5.2.1. Financial Services

5.2.2. Automotive

5.2.3. Construction

5.2.4. Others

6.  Global Bulletproof Security Glass Market Analysis & Forecast, By Application Introduction

6.1. Introduction

6.1.1. Basis Point Share (BPS) Analysis By Application 

6.1.2. Y-o-Y Growth Comparison By Application 

6.2. Market Forecast, By Applications

6.2.1. Bank Security Glass

6.2.2. Armoured Cash Trucks

6.2.3. ATM Booth

6.2.4. Display Case

6.2.5. Residential Buildings

6.2.6. Premium Vehicles

6.2.7. Others

7. Global Bulletproof Security Glass Market Analysis & Forecast, By Geography

7.1. Introduction

7.1.1. Basis Point Share (BPS) Analysis By End Use 

7.1.2. Y-o-Y Growth Comparison By End Use 

7.2. Market Forecast, By Geography

7.2.1. North America (U.S., Canada)

7.2.1.1. Absolute $ Opportunity

7.2.1.2. North America Market Forecast, By Country

7.2.1.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.1.2.2. Y-o-Y Growth Projections, By Country

7.2.1.3. North America Market Forecast, By End Use

7.2.1.4. North America Market Forecast, By Application

7.2.1.5. Drivers & Restraints: Impact Analysis

7.2.2. Asia Pacific Excl. Japan (APEJ) (China, India, ASEAN, ANZ)

7.2.2.1. Absolute $ Opportunity

7.2.2.2. APEJ Market Forecast, By Country

7.2.2.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.2.2.2. Y-o-Y Growth Projections, By Country

7.2.2.3. APEJ Market Forecast, By End Use

7.2.2.4. APEJ Market Forecast, By Application

7.2.2.5. Drivers & Restraints: Impact Analysis

7.2.3. Western Europe (France, Germany, U.K., Italy, Spain, Nordic, BENELUX)

7.2.3.1. Absolute $ Opportunity

7.2.3.2. Western Europe Market Forecast, By Country

7.2.3.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.3.2.2. Y-o-Y Growth Projections, By Country

7.2.3.3. Western Europe Market Forecast, By End Use

7.2.3.4. Western Europe Market Forecast, By Application

7.2.3.5. Drivers & Restraints: Impact Analysis

7.2.4. Central Europe (Poland, Czech Republic, Romania, Bulgaria)

7.2.4.1. Absolute $ Opportunity

7.2.4.2. Central Europe Market Forecast, By Country

7.2.4.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.4.2.2. Y-o-Y Growth Projections, By Country

7.2.4.3. Central Europe Market Forecast, By End Use

7.2.4.4. Central Europe Market Forecast, By Application

7.2.4.5. Drivers & Restraints: Impact Analysis

7.2.5. Eastern Europe (Russia, Ukraine, Belarus, CIS)

7.2.5.1. Absolute $ Opportunity

7.2.5.2. Eastern Europe Market Forecast, By Country

7.2.5.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.5.2.2. Y-o-Y Growth Projections, By Country

7.2.5.3. Eastern Europe Market Forecast, By End Use

7.2.5.4. Eastern Europe Market Forecast, By Application

7.2.5.5. Drivers & Restraints: Impact Analysis

7.2.6. Japan

7.2.6.1. Absolute $ Opportunity

7.2.6.2. Japan Market Forecast, By Country

7.2.6.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.6.2.2. Y-o-Y Growth Projections, By Country

7.2.6.3. Japan Market Forecast, By End Use

7.2.6.4. Japan Market Forecast, By Application

7.2.6.5. Drivers & Restraints: Impact Analysis

7.2.7. Latin America (Brazil, Mexico) 

7.2.7.1. Absolute $ Opportunity

7.2.7.2. Latin America Market Forecast, By Country

7.2.7.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.7.2.2. Y-o-Y Growth Projections, By Country

7.2.7.3. Latin America Market Forecast, By End Use

7.2.7.4. Latin America Market Forecast, By Application

7.2.7.5. Drivers & Restraints: Impact Analysis

7.2.8. Middle East & Africa (GCC, N. Africa, S. Africa)

7.2.8.1. Absolute $ Opportunity

7.2.8.2. Middle East & Africa Market Forecast, By Country

7.2.8.2.1. Basis Point Share (BPS) Analysis, By Country

7.2.8.2.2. Y-o-Y Growth Projections, By Country

7.2.8.3. Middle East & Africa Market Forecast, By End Use

7.2.8.4. Middle East & Africa Market Forecast, By Application

7.2.8.5. Drivers & Restraints: Impact Analysis

8. Competition Landscape

8.1. Competition Dashboard

8.2. Company profiles 

8.2.1. Asahi Glass and Co.Ltd.

8.2.2. China Specialty Glass AG

8.2.3. Nippon Sheet Glass Co. Ltd.

8.2.4. Saint-Gobain S.A.

8.2.5. China Glass Holdings Ltd.

8.2.6. PPG Industries, Inc.

8.2.7. Taiwan Glass Ind. Corp

8.2.8. Apogee Enterprises, Inc.

8.2.9. ÅžiÅŸecam

8.2.10. Guardian Industries Corp.


List of Tables

Table 1: Global Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn) 

Table 2: Global Bulletproof Security Glass Market Value Forecast By Application Type (US$ Mn)

Table 3: Global Bulletproof Security Glass Market Size Forecast By Geography (US$ Mn)

Table 4: North America Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 5: North America Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 6: North America Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 7: APEJ Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 8: APEJ Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 9: APEJ Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 10: Western Europe Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn

Table 11: Western Europe Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 12: Western Europe Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 13: Central Europe Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 14: Central Europe Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 15: Central Europe Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 16: Eastern Europe Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 17: Eastern Europe Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 18: Eastern Europe Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 19: Japan Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 20: Japan Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 21: Japan Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 22: Latin America Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 23: Latin America Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 24: Latin America Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)

Table 25: Middle East & Africa Bulletproof Security Glass Market Value Forecast By Country, 2012–2021 (US$ Mn)

Table 26: Middle East & Africa Bulletproof Security Glass Market Value Forecast By Application (US$ Mn)

Table 27: Middle East & Africa Bulletproof Security Glass Market Value Forecast By End–Use (US$ Mn)


List of Figures 

Figure 1: Global Bulletproof Security Glass Market Incremental Opportunity, 2014–2021

Figure 2: Global Bulletproof Security Glass Market Revenue By End-Use, 2014

Figure 3: Global Bulletproof Security Glass Market Revenue By Application, 2014

Figure 4: Global Flat Glass Market Absolute $ Opportunity, 2014–2021

Figure 5: Global Flat Glass Market Y-o-Y Growth, 2014–2021

Figure 6: Global Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 7: Global Bulletproof Security Glass Market Y-o-Y Growth, 2014–2021

Figure 8: Global Bulletproof Security Glass Market – Scenario Forecast

Figure 9: U.S. and Europe Polycarbonate Prices, 2014–2015 (US$/MT) 

Figure 10: Global Bulletproof Security Glass Market Value Share & BPS Analysis By End–Use, 2014 & 2021

Figure 11: Global Bulletproof Security Glass Market Y-o-Y Growth Comparison By End–Use, 2014–2021

Figure 12: Global Financial Services Industry Segment Absolute $ Opportunity, 2014–2021

Figure 13: Global Automotive Industry Segment Absolute $ Opportunity, 2014–2021

Figure 14: Global Construction Industry Segment Absolute $ Opportunity, 2014–2021

Figure 15: Global Others Segment Absolute $ Opportunity, 2014–2021

Figure 16: Global Bulletproof Security Glass Market Value Share & BPS Analysis By Application, 2014 & 2021

Figure 17: Global Bulletproof Security Glass Market Y-o-Y Growth Comparison By Application, 2014–2021

Figure 18: Global Bank Security Glass Segment Absolute $ Opportunity, 2014–2021

Figure 19: Global Armored Cash Trucks Segment Absolute $ Opportunity, 2014–2021

Figure 20: Global ATM Booth Segment Absolute $ Opportunity, 2014–2021

Figure 21: Global Display Case Segment Absolute $ Opportunity, 2014–2021

Figure 22: Global Residential Construction Segment Absolute $ Opportunity, 2014–2021

Figure 23: Global Premium Vehicles Segment Absolute $ Opportunity, 2014–2021

Figure 24: Global Others Segment Absolute $ Opportunity, 2014–2021

Figure 25: Global Bulletproof Security Glass Market Value Share & BPS Analysis By Geography, 2014 & 2021

Figure 26: Global Bulletproof Security Glass Market Y-o-Y Growth Comparison By Geography, 2014–2021

Figure 27: North America Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 28: North America Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 29: North America Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 30: APEJ Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 31: APEJ Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 32: APEJ Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 33: Western Europe Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 34: Western Europe Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 35: Western Europe Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 36: Central Europe Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 37: Central Europe Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 38: Central Europe Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 39: Eastern Europe Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 40: Eastern Europe Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 41: Eastern Europe Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 42: Japan Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 43: Latin America Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 44: Latin America Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 45: Latin America Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 46: Middle East & Africa Bulletproof Security Glass Market Absolute $ Opportunity, 2014–2021

Figure 47: Middle East & Africa Bulletproof Security Glass Market Value Share & BPS Analysis By Country, 2014 & 2021

Figure 48: Middle East & Africa Bulletproof Security Glass Market Y-o-Y Growth Comparison By Country, 2014–2021

Figure 49: Global Bulletproof Security Glass Market Attractiveness By Geography, 2014–2021

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