The bulletproof security glass market in China to grow at a CAGR of 16.76% over the period 2015-2019.

Deerfield Beach, FL -- (SBWire) -- 07/24/2015 --Bulletproof Security Glass Market in China 2015-2019

About Bulletproof Glass
Bulletproof glass, also known as bullet-resistant or ballistic glass, is a strong and optically transparent glass, used for protection against the impact of bullets or any other ammunition. It is made by combining two or more layers of different materials, usually one hard and the other soft materials. The refractive index of both the glasses used in the manufacture of bulletproof glass should be the same to make it transparent. Its thickness varies from 0.25 to 4 inches and is usually prepared by sandwiching a layer of thermoplastic with glass laminates, and the number of layers stacked depends on the level of security sought out of its usage.

The bulletproofsecurity glass market in China to grow at a CAGR of 16.76% over the period 2015-2019.

The global bulletproof glass market has witnessed a rapid expansion in the past decade with the US and China representing the largest markets. The market in China is worth paying attention due to two reasons; one being the fastest growth rate displayed by the market and the other being the sheer size of the market. The financial services, construction, and automotive industries remain the largest end-users of bulletproof glass, and the scope of its usage is rapidly expanding.

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Bulletproof security glass: About the Report

The banking landscape in China is dominated by state-owned banks, and the oligopolistic structure of the market has led to tepid growth of the financial services industry. However, the country is moving towards liberalization, and planning to open up the industry to foreign investment.

"Government initiatives will lead to an increase in new investment and a greater number of banking outlets and ATMs across the country. These new outlets require security in the form of bulletproof glass, which will seriously contribute to market growth during the forecast period,".

Covered in this Report
This report covers the present scenario and the growth prospects of the bulletproof security glass market in China for the period 2015-2019. The report further provides data based on the following:

Application (bank security, ATM booths, display cases, high-end civilian cars, high-speed trains, armored cash-trucks, and others)

End-user (financial services, automotive, construction, and other industries)
Composition (polycarbonate, acrylics, polyurethane, polyvinyl butyral, and others)

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Bulletproof Security Glass Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various applications, end-uses and composition of the bulletproof glass.

The report provides comments on both the existing market landscape and the growth prospects in the coming years. The report further includes a discussion of the key vendors operating in this market and uses Porter's generic strategies to explain the competitive nature of various vendors in the market.

The latest report indicates that the glass industry has low entry barriers, and as a result there is a huge influx of new players that operate based on price. Most vendors are embarking on innovation and are making huge R&D investments to drive business.

Market Scope and Calculation of Market Size:
The new report covers the present scenario and growth prospects of the bulletproof security glass market in China from 2015-2019.

Key Vendors:
Asahi Glass
China Glass Holdings
Nippon Sheet Glass
PPG Industries