|By Business Wire||
|February 13, 2014 09:17 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/9n3nnh/bulletproof) has announced the addition of the "Bulletproof Security Glass Market in China 2012-2016" report to their offering.
The analysts forecast the Bulletproof Security Glass market in China to grow at a CAGR of 16.71 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand from the Financial Services industry. The Bulletproof Security Glass market in China has also been witnessing the increasing demand for one-way bulletproof security glass. However, the high cost of bulletproof security glass could pose a challenge to the growth of this market.
The key vendors dominating this market space are Asahi Glass Co. Ltd., China Specialty Glass AG, Guardian Industries Corp., Nippon Sheet Glass Co. Ltd., and Saint-Gobain S.A.
Other vendors mentioned in the report are Cardinal Glass Industries Inc., China Glass Holdings Ltd., Guangzhou Baolong Bulletproof Vehicle Co. Ltd., Guangzhou Sky Tiger Tempered Glass Co. Ltd., Jiangsu Yongxiang Glass Co., Nanjing Xinfurui Glass Industry Co. Ltd., PPG Industries Inc., Qufu Shenglu Bulletproof Glass Engineering Co. Ltd., Rizhao Huaye Glass Co. Ltd., and Taiwan Glass Ind. Corp.
Commenting on the report, an analyst from the team said: The Bulletproof Security Glass market in China is witnessing increasing demand for one-way bulletproof security glass. One-way bulletproof security glass is inferred as one of the greatest designs of bulletproof security glass developed so far. It is prepared by combining a layer of brittle glass with another layer of polycarbonate plastics. The one-way bulletproof glass stops bullets and ammunitions fired from outside the vehicle by entangling them within itself, but does not stop the same when fired from inside. This reason has propelled the demand for one-way bulletproof security glass from the Automotive industry, especially in armored vehicles. This is expected to contribute revenue to the Bulletproof Security Glass market in China during the forecast period.
For more information visit http://www.researchandmarkets.com/research/9n3nnh/bulletproof
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