Bullet-resistant glass is a special type of glass obtained by special processing of glass and high-quality engineering plastics. It combines the properties of inorganic and organic materials, has high strength, high rigidity, and high hardness, and can withstand the impact and penetration of bullets. It is usually used in places that require protection such as banks, vaults, high-end hotels, museums, etc.
According to the different interlayer materials, bullet-resistant glass can usually be divided into several types, such as polycarbonate bullet-resistant glass, acrylic bullet-resistant glass, and PVB bullet-resistant glass. Among them, PVB bullet-resistant glass dominates the market. According to our research data, the global segmented market size of PVB bullet-resistant glass is expected to reach $1263.71 million in 2023, with an estimated market share of 30.47%. From the perspective of downstream application patterns, the government & law enforcement department is the largest downstream application market for bullet-resistant glass, and the application share of bullet-resistant glass in this field is estimated to reach 27.02% in 2023.
Global Bullet-Resistant Glass Market Size Forecast and Market Segmentation Analysis
Source: www.globalmarketmonitor.com
Data shows that the total market size of global bullet-resistant glass is expected to reach $4148.80 million in 2023. From the development situation of various regions, Europe is the industry's largest revenue market. The estimated size of the European bullet-resistant glass market in 2023 is $1160.67 million, with an estimated market share of 27.96%. The growth of the bullet-resistant glass market in Europe is mainly driven by an increase in gun violence and terrorist attacks in the region. In addition, strict regulations on automotive and building safety in Europe have also driven the development of the market.
Due to rapid economic development and increased awareness of personal safety, the bullet-resistant glass market in the Asia-Pacific region is showing a rapid growth trend. Especially in China and India, due to their large population base and emphasis on infrastructure protection, the demand for bullet-resistant glass is gradually increasing, with great market development potential.
Global Bullet-Resistant Glass Market Size and Share Forecast by Region /Country in 2023
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Regions/Countries
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Market Size (Million USD)
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Market Share
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North America
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1016.02
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24.49%
|
|
Europe
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1160.67
|
27.96%
|
|
China
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627.41
|
15.11%
|
|
Japan
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832.83
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20.08%
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India
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192.87
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4.65%
|
|
South
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79.03
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1.90%
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Middle East & Africa
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42.75
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1.04%
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Source: www.globalmarketmonitor.com
For more information, please click: 《China Bullet-Resistant Glass Industry Market Research Report 2023-2029》.
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