The global expansion of the automotive sector and the rising demand for luxury vehicles are the main factors driving the market expansion of bullet-proof security glass. Almost 98.1 million motor vehicles were produced globally in 2018 and over 80 million passenger cars were produced globally in 2017, according to the European Automobile Manufacturers Association. Thus, it is anticipated that increased global auto production will fuel the expansion of the market for bulletproof security glass. It is anticipated that a booming financial sector will encourage the market expansion of bulletproof glass. Because financial institutions are especially vulnerable to robberies and terrorist attacks, bullet-proof glass is required in all financial sectors.
The global Bulletproof Security Glass Market was valued at US$ 3,711.8 Mn in terms of revenue in 2020 and is predicted to grow at a CAGR of 8.9% during the forecast period (2021 to 2027).
Top Companies in the Bulletproof Security Glass Industry:
- Asahi Glass Co., Ltd.
AGC Inc. manufactures and sells glass, electronics, chemicals, and ceramics worldwide. AGC Inc. was founded in 1907 and is headquartered in Tokyo, Japan. In July, 2022 AGC (AGC Inc., Head Quarters: Tokyo, President: Yoshinori Hirai), a world-leading manufacturer of glass, chemicals and high-tech materials, announces that its 100% subsidiary, AGC Si-Tech Co., Ltd. which manufactures and sells silica products, has launched a new integrated brand RESIFATM for its silica products.
- China Glass Holdings Ltd.
China Glass Holdings Limited, through its subsidiaries, engages in the production, marketing, and distribution of glass and glass products in Mainland China, Hong Kong, the Middle East, Italy, and internationally. The company was incorporated in 2004 and is headquartered in Central, Hong Kong.
- Nippon Sheet Glass Co. Ltd.
Nippon Sheet Glass Company, Limited manufactures and sells glass and glazing products in Japan and internationally. The company was incorporated in 1918 and is headquartered in Tokyo, Japan.
- Saint-Gobain
Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide. The company was founded in 1665 and is headquartered in Courbevoie, France. In January, 2023 AGC and Saint-Gobain, worldwide flat glass manufacturers leading in sustainability, announce that they are collaborating on the design of a pilot breakthrough flat glass line that is expected to reduce very significantly its direct CO2 emissions.
- PPG Industries, Inc.
PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide. The company was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania. In February, 2023 PPG announced the launch of PPG STEELGUARD® 951 coating, an innovative epoxy intumescent fire protection coating designed to meet the demands of modern architectural steel, including up to three hours of cellulosic fire protection.
- Taiwan Glass Ind. Corp.
Taiwan Glass Ind. Corp. manufactures, processes, and sells various glass products. The company was founded in 1964 and is headquartered in Taipei, Taiwan.
- Apogee Enterprises, Inc.
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company was incorporated in 1949 and is based in Minneapolis, Minnesota.
- Guardian Industries Corp.
Founded in 1932, Guardian Industries, a global company headquartered in Auburn Hills, Michigan, operates facilities throughout North and South America, Europe, Africa, the Middle East and Asia.
*Definition- Ballistic resistant glass, which is another name for bulletproof security glass, is comprised of clear materials that can withstand any harm brought on by gunshots.
