India Bullet Resistant Glass Market, By Product Type (Polycarbonate, Acrylic, Glass-clad Polycarbonate, and Polyvinyl Butyral (PVB)), By BRF Class (BR1, BR2, BR3, BR4, BR5, BR6, BR7, and Others), By Application (Financial Services, Automotive, Buildings (Residential and Commercial))- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Bulletproof glass, also known as ballistic glass, transparent armor, or bullet resistant glass, is an important element of security systems installed at places that are likely to encounter violent assaults, such as premium vehicles, armored cash-in-transit trucks, banks, display cases, ATM booths, and other applications, that require advanced security features and protection from bullets and small projectiles.
Market Dynamics
Bullet proof glass is made from a variety of materials including polycarbonates, thermoplastics, acrylics, and glass-clad polycarbonates, depending on the level of protection required for an application. Most bulletproof glasses are made of layers that contain one or more of these materials or conventional tempered glass. Bulletproof glass is intended to resist one or more rounds of bullets depending on the thickness of the glass or the weapon that is used to fire at it.
Increasing automotive and commercial applications of bulletproof glass and militarization of law enforcement agencies across the country are driving the India bullet resistant glass market growth. Moreover, key players are focusing on product innovations to meet the increasing demand for bulletproof glass from the defense and military industries. For instance, Saint-Gobain Crystals is one of the key manufacturers and suppliers of transparent sapphire glass armoring for military vehicles. The company's transparent armor replaces the conventional glass armor with an advanced ceramic-based product, which comprises large sheets of sapphire laminated with multiple layers of glass and polycarbonate. However, high raw material costs of materials, such as polycarbonate, is expected to hinder the India bullet resistant glass market growth.
Key features of the study:
This report provides an in-depth analysis of India bullet-resistant glass market size (INR Billion and Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the India bullet-resistant glass market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The key companies covered as a part of this study include Saint-Gobain India Pvt. Ltd., Asahi India Glass Limited, Gujarat Guardian Ltd., Duratuf Glass Industries (P) Ltd., Jeet & Jeet Glass and Chemicals Pvt. Ltd., Gold Plus Glass Industry Limited, FG Glass Industries Pvt. Ltd., Chandra Lakshmi Safety Glass Ltd., Fuso Glass India Pvt. Ltd., Art-n-Glass Inc., and Gurind India Pvt. Ltd.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, product upgrade, market expansion, and marketing tactics
India bullet resistant glass market report caters to various stakeholders in this industry including investors, suppliers, India-based bullet-resistant glass manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing India bullet-resistant glass market
Detailed Segmentation:
India Bullet Resistant Glass Market, By Product Type:
Polycarbonate
Acrylic
Glass-clad Polycarbonate
Polyvinyl Butyral (PVB)
India Bullet Resistant Glass Market, By BRG Class:
BR1
BR2
BR3
BR4
BR5
BR6
BR7
Others
India Bullet Resistant Glass Market, By Application:
Financial Services
Automotive
Buildings
Residential
Commercial
India Bullet Resistant Glass Market, By State:
Delhi
Maharashtra
Tamil Nadu
Karnataka
Gujarat
Punjab
Haryana
Uttar Pradesh
West Bengal
Madhya Pradesh
Rest of India
Competitive Landscape
Market Share Analysis
Company Profiles
Saint-Gobain India Pvt. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Asahi India Glass Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Gujarat Guardian Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Duratuf Glass Industries (P) Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Jeet & Jeet Glass and Chemicals Pvt. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Gold Plus Glass Industry Limited
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
FG Glass Industries Pvt. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Chandra Lakshmi Safety Glass Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Fuso Glass India Pvt. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Art-n-Glass Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Gurind India Pvt. Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
References
Research Methodology
About us and Sales Contact
“*” marked represents similar segmentation in other categories in the respective section.