The Global Bullet Proof Glass Market is expected to grow at a CAGR of 13% during the forecasting period (2022-2029). Bulletproof glass, also known as bullet-resistant glass, transparent armor, or ballistic glass, is a solid transparent material designed to resist penetration by projectiles. The raw material used to make these glasses are acrylic, thermoplastic, polycarbonate, and glass-clad polycarbonate, depending on the level of protection sought for an application.
Bulletproof glass is mostly made by combining two or more glass types, one hard and one soft. Different layers of laminated glass are used to construct bullet-resistant glass, and the more layers, the more protection the glass imparts. However, modern bullet-resistant glass can offer adequate safety with thinner glass panes.
Modern safety glass is in great demand in commercial buildings and offices where protection is a major concern. Besides this, they are the popular choice for protection in stadiums, industries, arenas, financial institutions, and even police stations. Owing to such high-pressure resistance, these bulletproof glasses are considered the most preferred choice in a military base and other armored vehicles in huge numbers.
Air chamber glass can stop the bullet in an extremely different way, and this new curved transparent vehicle armor contains an air cavity between the glass and polycarbonate. The glass is very hard, deforming the incoming bullet, and the deformed bullet completely gets penetrated the glass and gets stopped by the flexible polycarbonate.
The global bulletproof glass market is driven by the increasing demand for bullet resistance glass from various automotive sectors for protection and security. Rising demand from different end-users, particularly military and defense, increases crime and terrorist attacks worldwide.
Increasing demand for armored cars across the globe and the inclination of many key players towards bringing the most advanced technology of bulletproofing for the automobile sector
For many years bulletproof glass has been used in vehicles such as armored bank vehicles. According to the Brazilian Association, the year 2011 build a record of producing 8,106 armored vehicles in a single year, thus reflecting the increasing demand for armored cars by the people, indicating growing crime and violence in the urban region. As per Bloomberg's October 2019 article, an estimated 200,000 to 300,000 armored vehicles are running on streets worldwide, Brazil leading with the highest per capita number of armored vehicles. Many big brands offer in-house bulletproofing options, thus raising many private providers across the U.S. and making the real profit out of it.
These increasing numbers also imply growing production demand bot in quality and quantity. The demand for bulletproof automobiles from various celebrities and dignitaries creates opportunities for various automobile manufacturers such as Ford, BMW, Volkswagen, Audi, and others to manufacture armored vehicles and target a larger base audience. These armored vehicles' rising application is anticipated to build a huge business of bulletproof glass in the forecast period.
For instance, in 2017, Rezvani Motors came up with a tank motor edition, upgrading the Tank SUV's monstrous specs. The new edition comes up with a few extremely different characteristics that can not be found in a normal SUV. They included B-7 rated glass armor, level 7 ballistic protection, nigh thermal vision, boom protection, smokescreen, and reinforced suspension.
The growing demand for bulletproof glass in the military and defense sector
Improvement in service, men and women's protection is significant, especially when artillery and weapon technology are advancing every year. Therefore, this leads to pushing the protection technology at the same rate or even faster and creating lucrative opportunities for the bulletproof glass market to build a bigger business in the forecast period's military and defense sector. The defense and security sectors consist of main battle tanks, armored personnel carriers, transportation personnel, combat vehicles, infantry fighting vehicles, premier vehicles, and others for protection from any ballistic attack.
As of 2019, the U.S. has the highest military budget globally, accounting for more than USD 675 billion. On the other side, Saudi Arabia invests nearly 8.8% of its GDP in defense, thus creating room for the bulletproof glass to increase in the defense and military sectors.
The growing advancements in the technology to build the most advanced bulletproof glass to target different end-users create opportunities for the market to grow shortly.
The field of bulletproof glass is continuously growing every year, and there are many military projects underway to create lightweight, more defensive forms of bullets proof glass. One of the advancements is using aluminium oxynitride in the outer layer as the replacement for the polymer. Aluminium oxynitride offers 4 times stronger properties than silica glass and is 85% as strong as sapphire. The various U.S are building an approach to this new class of transparent armor incorporating aluminium oxynitride as the outer strike plate layer. This protection layer imparts much better protection than any other traditional glass/laminates/polymer.
GuG Safety Glass, a company specializing in developing and manufacturing periscopes and bullet-resistant glass for armoured vehicles, is highly distributed in German and international markets. The company's in-house R&D unit is developing cutting-edge glass composites that can save weight and improve protection. Thus the company is expected to show significant market growth in the forecast period.
COVID-19 Impact Analysis
The global bulletproof glass has shown a slight decline due to the COVID-19 pandemic, as most manufacturing plants were closed for months. Further several countries have restricted production activities during the covid-19 pandemic. The major impact lockdown due to the COVID-19 outbreak leads to suddenly dropping down consumers' interest in investing in automobiles as the major chunk of the global population has already lost their job and the high cost of armoured vehicles further acts as challenges for the consumer and the market to grow during COVID-19 period.
Halt in transportation sectors has severely blocked the transportation channel for an unpredicted period, thus hampering the bulletproof glass market business due to disruption in the product's supply chain management.
Due to COVID-19 mang, national and international borders are sealed to stop coronavirus carriers' infiltration from across the border. Also, since the outbreak of a global pandemic, the border hasn't witnessed any major illegal activities such as infiltration of terrorists, human trafficking, or others in the first quarter of 2020, which completely halted the demand for bulletproof glass for different military and defence. However, by the end of 2020, chances of war between India and China were growing, thus seeing the current situation, the bulletproof glass market is expected to grow in the forecast period.
The global bulletproof market is segmented on material, security, end-user, and region.
High bullet resistance, low cost, increased demand from the private and commercial buildings are triggering acrylic materials.
The bulletproof glass can be bifurcated into acrylic, laminated glass, glass-clad polycarbonate, polycarbonate, ballistic insulated glass, and others in terms of material. All the materials mentioned above for bulletproof glass manufacturing are of different thicknesses and follow a similar pattern, which increases thickness, resulting in augmenting strength. Out of the mentioned types, acrylic is the most popular type of material used for bulletproof glass in most projects. Acrylic material offers some extremely superior properties. It can be cut, drilled, and slotted to integrate seamlessly with the mounting hardware and surrounding architecture in a good quality bullet resistance system or build a custom bullet resistance structure. Its rough-cut edges can flame-polish clearly and tend to attract most of the private buildings. The acrylic material can take level 1-3 of bulletproof resistance, making it a popular choice in interior fixed and freestanding systems and slider systems.
On the other side, glass-clad polycarbonate gives huge competition to the acrylic market in terms of application and bulletproof resistance. Glass clad polycarbonate is a unique innovation in the bullet-resistance glass industry as it is a great combination of glass and polycarbonate, which provides the highest-rated level of bullet resistance especially for exterior use. Glass-clad polycarbonate holds a high traffic area, weathers excellently, and carrier ratings for forced level entry, hurricane wind, and explosive blast. Provide bullet resistance of up to level 4, thus proliferating in the military and defense sector.
Rising demand from various end-users, growing investment by the government in the military sector, and a leading producer of bulletproof glass are more likely to accelerate the market of bulletproof glass in the North American region.
North America dominates the bulletproof glass market recent and is expected to maintain momentum in the forecast period. North America is the leading region for bulletproof glass manufacturing and exporting the same across different global regions. The high demand for bulletproof glass from the region's military and defense departments creates a huge market for the product.
The U.S. government's huge investment of more than USD 675 billion has the highest military budget globally. It is thus anticipated to show a bigger market shortly. The growing expansion of the automobile sector in the U.S. and rising concerns towards the general population's safety and security have built enormous opportunities for the bulletproof glass market to proliferate.
Also, key players such as Consolidated Glass Holdings, Total Security Solutions, Inc, and others are continuously bringing the most recent technology for bulletproof glasses and creating the demand for the product in different region sectors.
The bulletproof glass market is highly consolidated with the presence of limited global players. Some of the key players contributing to the market's growth include Consolidated Glass Holdings, Total Security Solutions, Inc, Asahi Glass Co., Ltd, china specialty glass, Guardian Industries bullet, Saint-Gobain Roof, National Glass Distribution, Taiwan Glass Industry Corporation, fuyao North America inc and among others.
The major players are adopting different growth strategies to build a bigger market in the forecast period. The key strategies are product launches, acquisitions, and collaborations, contributing to the global bulletproof market. However, companies prefer to launch more products to get a bigger sale unit due to the fragmented market.
Total Security Solution
Overview: Total Security Solution (TSS), a Michigan, works in three formats; the company plans, products, and installs bulletproof barriers aesthetically pleasing and imparts excellent bullet resistance. The company specializes in building custom bullet resistance, bandit resistance coupled with bulletproof enclosures that fit the customer's designing environment. TSS is also a part of a growing community of around 80,000 and more companies running on the Entrepreneurial Operating System (EOS)
Product Portfolio: The company has a product portfolio of bulletproof glass that includes:
The global bulletproof glass market report would provide access to an approx: 73 market data tables, 58 figures, and 180 pages.
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