China: security glass market expects 16.7% growth by 2016

The outlook for the security glass market in China is for a compound annual growth rate of 16.7% between 2012-2016. This is the result of a study from Research and Markets on Bulletproof Security Glass.

The security glass market in China is expected to grow by a compound annual growth rate of 16.7% between 2012-2016, according to the recent report “Bulletproof Security Glass Market in China 2012-2016” from Research and Markets.
One of the key factors contributing to this market growth is the growing demand from the financial services industry, and increased demand for one-way bulletproof security glass. The report cautions, however, that the high cost of bulletproof security glass could pose a challenge to the growth of this market.