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Bullet Proof Glass Market Growth Outlook 2022-2029

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

An increase in concerns about the security and protection of the world population is pushing the global bulletproof glasses market. Furthermore, the rise in the risk of attacks from terrorists and the increase in the danger of robberies and thefts are driving the demand for bulletproof glasses. Furthermore, the global market is impacted by government activities that safeguard higher safety for such financial organizations while minimizing the threat linked to human life.

North America is controlling the global bulletproof glass market. North American market has the highest share in the global market followed by Europe and the Asia Pacific. Increasing demand for bulletproof glass from the automobile sector. Companies like Ford, BMW, and Audi are introducing bulletproof vehicles in the North American region which is expected to strengthen the global market growth in North America.

Additionally, rising defense spending also with updating research and development actions for the growth of advanced bulletproof glass by the United States government is further it is projected to stimulate the demand for the global market during the forecast period. The increasing number of armed robberies in the United States is also projected to produce the surging demand for bulletproof glass in North America, thus enhancing the global market growth.

The Asia Pacific is estimated to show a higher growth rate than the other regions encouraged by increasing defense expenses. India is accounting for the highest share of bulletproof glass. India and China-controlled this regional market in 2019, owing to the growing military expenses and increase in political tensions over the border, this development is not projected to differ anytime soon.

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