The global bulletproof glass market size was valued at USD 6.74 billion in 2021. The market is projected to grow from USD 7.37 billion in 2022 to USD 14.90 billion by 2029, exhibiting a CAGR of 10.6% during the forecast period.

Information Source - https://www.fortunebusinessins....ights.com/bullet-pro

Segments:

Defense & VIP Vehicles Segment to Account for Prime Share Due to Demand from Military

Based on application, the market is segmented into defense & VIP vehicles, ATM booths & teller stations, cash-in transit vehicles, commercial buildings, government & law enforcement, and others.

Military Segment Held Leading Share Owing to Growing Capitalization on Defense

Based on end-use, the market is categorized into automotive, military, banking & finance, construction, and others. The military segment held a leading market share, which can be linked with the growing sophistication of robberies and thefts coupled with escalating terrorist attacks.

Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report presents a holistic study of the market along with current trends and predictions to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report.

Drivers and Restraints:

Rising Expenditures of Developing Nations in Several End-Use Industries to Spur Market

Sturdy demand from military, governmental structures, liquor stores, retail shops, and banks, and other industries is projected to bolster the growth of the market. Military & defense utilizes bulletproof glass in viewports and windows in ground automobiles and aircraft, mine detection, armory equipment, fighting vehicles, battle tanks, and carrier trucks. Similarly, the product is utilized at military bases, bunkers, and guard posts to offer protection from outer terrorists or accidental attacks.

However, the great amount of contaminants and toxic releases released during production of these raw materials pose amplified threat to human health and influences the environment too.

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The Antifog Additives Market Research analysis presents estimations of growth, size, and projections for each market segment, accompanied by trends and forecasts based on revenue (in USD million). The global antifog additives market size was valued at USD 358.3 million in 2022 and is expected to reach the valuation of USD 370.0 million in 2023. The market is expected to reach USD 514.2 million by 2030 with a CAGR of 4.8% during the forecast period.

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The global bulletproof glass market size was valued at USD 6.74 billion in 2021. The market is projected to grow from USD 7.37 billion in 2022 to USD 14.90 billion by 2029, exhibiting a CAGR of 10.6% during the forecast period.

Information Source - https://www.fortunebusinessins....ights.com/bullet-pro

Segments:

Defense & VIP Vehicles Segment to Account for Prime Share Due to Demand from Military

Based on application, the market is segmented into defense & VIP vehicles, ATM booths & teller stations, cash-in transit vehicles, commercial buildings, government & law enforcement, and others.

Military Segment Held Leading Share Owing to Growing Capitalization on Defense

Based on end-use, the market is categorized into automotive, military, banking & finance, construction, and others. The military segment held a leading market share, which can be linked with the growing sophistication of robberies and thefts coupled with escalating terrorist attacks.

Geographically, the market is segregated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report presents a holistic study of the market along with current trends and predictions to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions or driving factors is also mentioned in the report. Step by step, thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the market growth are shared in the report.

Drivers and Restraints:

Rising Expenditures of Developing Nations in Several End-Use Industries to Spur Market

Sturdy demand from military, governmental structures, liquor stores, retail shops, and banks, and other industries is projected to bolster the growth of the market. Military & defense utilizes bulletproof glass in viewports and windows in ground automobiles and aircraft, mine detection, armory equipment, fighting vehicles, battle tanks, and carrier trucks. Similarly, the product is utilized at military bases, bunkers, and guard posts to offer protection from outer terrorists or accidental attacks.

However, the great amount of contaminants and toxic releases released during production of these raw materials pose amplified threat to human health and influences the environment too.

Regional Insights:

North America to Dominate Backed by Increasing Riots and Gun Violence

North America held the largest bulletproof glass market share and was valued at USD 2.27 billion in 2021. The market growth in North America can be accredited to escalation in riots and surging rate of gun violence within the region.

Asia Pacific is predicted to have a notable share in the global market attributed to the huge number of construction ventures undertaken in the emerging economies involving India and China.

The growth of the market in Europe is attributed to the surging trend of technologically progressive buildings. Moreover, steps taken by the European Union (EU) to escalate the use of safety and protective materials for buildings will fuel the market.