Bulletproof Glass Market is Likely to Increase at a Significantly High CAGR during Forecast Period 2031


Posted August 24, 2024 by Tan8121

Global bulletproof glass market is estimated to grow at a CAGR of 10.1% during the forecast period.

 
Global bulletproof glass market is estimated to grow at a CAGR of 10.1% during the forecast period. The increasing rate of terrorist attacks, and the rapidly rising application of bulletproof glass in the automotive sector for manufacturing windscreens, side windows, and back screens, to provide transparency and protection from external attacks are projected to drive market growth. For instance, in October 2020, a man fired a dozen shots in the direction of the Wake County Sheriff’s Office. During the riots, 178 buildings were damaged, after that crews installed bulletproof glass around the Wake County Public Safety Center and Wake County Courthouse as part of a $4 million repair project aimed at fortifying government buildings in downtown Raleigh. Wake County awarded HITT Contracting, Inc. with two contracts totalling $4 million-

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A $1.3 million repair project at the Public Safety Center included the installation of ballistic-grade glass windows, anti-graffiti coating on the walls, repairs to the front arch, pressure washing and cleaning.
A $2.7 million project at the Wake County Courthouse included bulletproof glass on the street-level entrances, facade improvements and a $500,000 renovation of the front plaza facing Fayetteville Street.

In addition, the aviation, and maritime industries, which operate in high-pressure conditions need bulletproof glass that can be shatter-resistant and withstand high pressure. For instance, in March 2023, Iten Defense a portfolio company of Edgewater Capital Partners, completed the acquisition of Transparent Armor Solutions. The acquisition of TAS assists in expanding Iten Defense’s solution offering to include transparent armor, complementing its current composite armor solutions for maritime vessels, fixed- and rotary-wing aircrafts, and tactical vehicles. Iten Defense’s extensive technical expertise and specialized knowledge in ballistic armor enable the customers to meet strict performance requirements for mission-critical applications. Moreover, in October 2021, Sicurtec unveiled high-security glass with polycarbonate that was up to 50 % thinner and lighter than conventional "bulletproof glass". To meet the increasing requirements, Sicurtec has invested more than 1.4 million in a completely new production technology for the bonding of polycarbonate and float glass (soda-lime glass). Sicurtec Slim is a very thin and extremely light safety glass to protect people and valuables inside buildings. The glass aimed to protect valuables, such as in jewellers' shops, museums, and private homes.

Global Bulletproof Glass Market Report Segment

By Type 

Acrylic
Traditional Laminated Glass
Polycarbonate
Glass-Clad Polycarbonate
Ballistic Insulated Glass
Others

By Application

Banks
Postal
Telecommunications
Insurance
Defense and Military
Other (Automotive, Construction)

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Bulletproof Glass Market Report Segment by Region

North America          

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific   

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Alstom Hydrogène Sas
AGC Glass Europe
Armass glass
Armortex
Binswanger Enterprises, LLC
Centigon France SAS
PPG Industries, Inc
Protective Structures, Ltd.
Saint-Gobain Hanglass Sekurit (Shanghai) Co., Ltd.
Schott Ag

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Last Updated August 24, 2024