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The global Optical Glass market size was valued at USD 1991.23 Million in 2022 and will reach USD 2918.36 Million in 2028, with a CAGR of 6.58% during 2022-2028.
The optical industry encompasses a wide range of applications that relate to the properties and motion of light. From lenses for eyeglasses and cameras to fiber optics, optical solutions are a constant part of daily life. Optical glass is a fundamental material used in many optical applications, including prisms, lasers, beam splitters, and other optical components. While it shares many of the characteristics of other types of glass, optical glass is manufactured using different chemicals to enhance properties that are useful specifically for optics applications. Optical glass may contain a variety of additives, such as boric oxide, lead, zinc oxide, fluorite, and barium oxide to enhance its ability to transmit light within certain wavelengths. Depending on the chemical composition of the glass, different wavelengths of light, both visible and invisible, can be absorbed, transmitted, or refracted to achieve the desirable optical effect for a given application. The two most common types of optical glass are flint glass and crown glass. Flint glass is produced using lead, while crown glass contains a higher level of potassium oxide. Optical glass is valued for its transparency, purity, and hardness compared to other types of glass.
Optical Glass Market Driving Force Analysis
The optical glass covers more than 200 types which including environmentally-friendly optical glass, low softening point optical glass, non-eco optical glass and radiation-resistant glass, etc. The technical properties of the products in the optical glass portfolio offer a wide variety of application use. The increasing use of optical glass in consumer optics, industrial equipment, medical and biotech, semiconductors, and other industries is driving the growth of the Optical Glass market across the globe. Optical glass is widely used in consumer electronics such as cameras, mobile phones, projectors, CCTV cameras. It is also widely used in astronomy, biology, medicine, and aerospace, etc. Increasing adoption of flint glass and crown glass for consumer electronics such as smartphones, tablets, laptops, and LED systems, is likely to aid in the market growth of the optical glass market. It is employed in various other industries, which include medical & biotech, astronomy, industrial equipment, and others. In addition, it enhances the performance of semiconductors and ICs in a variety of electronic components such as memory, power, microprocessors, hard disc drives, and others. Moreover, optical glass finds applications in medical devices such as diagnostics & surgical tools and therapeutics, which is expected to provide potential growth opportunities for the market.
Region Overview:
From 2023-2028, Asia is estimated to witness robust growth prospects.
Company Overview:
CDGM Glass Company is one of the major players operating in the Optical Glass market, holding a share of 15.91% in 2021.
CDGM Glass Company was founded in 1956, is the China South industries Group Corporation-owned key enterprises is one of the leading Chinese, has a certain influence in the world of professional supplier of optical materials, production products are widely applied in photoelectric information, as well as aerospace, energy and other fields. CDGM Glass Company produces more than more than 200 varieties of glass, and provision of material, type of material, non-spherical precast products in different forms, meet the needs of modern opto-electronic information products. CDGM Glass Company also provides special glass, lighting glass and e-glass and precious metals such as Platinum, rhodium, processing and purification business.
Corning is one of the world's leading innovators in materials science, with a 169-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science, and optical physics, along with its deep manufacturing and engineering capabilities, to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.
Segmentation Overview:
Among different product types, Colorless segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Consumer Optics segment occupied the biggest share from 2018 to 2022.
The Optical Glass market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Optical Glass market covered in Chapter 4:
Hubei New Huaguang
Ohara Corporation
Schott Glaswerke AG
Nikon Corporation
CDGM Glass Company
CORNING
HOYA CORPORATION
Sumita Optical Glass
In Chapter 12 and Chapter 14.1, on the basis of types, the Optical Glass market from 2018 to 2028 is primarily split into:
Colorless
Colored
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Optical Glass market from 2018 to 2028 covers:
Consumer Optics
Industrial Equipment
Medical & Biotech
Semiconductors
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Optical Glass market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Optical Glass market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Optical Glass industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Optical Glass industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Optical Glass market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Optical Glass market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Optical Glass market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Optical Glass market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The optical industry encompasses a wide range of applications that relate to the properties and motion of light. From lenses for eyeglasses and cameras to fiber optics, optical solutions are a constant part of daily life. Optical glass is a fundamental material used in many optical applications, including prisms, lasers, beam splitters, and other optical components. While it shares many of the characteristics of other types of glass, optical glass is manufactured using different chemicals to enhance properties that are useful specifically for optics applications. Optical glass may contain a variety of additives, such as boric oxide, lead, zinc oxide, fluorite, and barium oxide to enhance its ability to transmit light within certain wavelengths. Depending on the chemical composition of the glass, different wavelengths of light, both visible and invisible, can be absorbed, transmitted, or refracted to achieve the desirable optical effect for a given application. The two most common types of optical glass are flint glass and crown glass. Flint glass is produced using lead, while crown glass contains a higher level of potassium oxide. Optical glass is valued for its transparency, purity, and hardness compared to other types of glass.
Optical Glass Market Driving Force Analysis
The optical glass covers more than 200 types which including environmentally-friendly optical glass, low softening point optical glass, non-eco optical glass and radiation-resistant glass, etc. The technical properties of the products in the optical glass portfolio offer a wide variety of application use. The increasing use of optical glass in consumer optics, industrial equipment, medical and biotech, semiconductors, and other industries is driving the growth of the Optical Glass market across the globe. Optical glass is widely used in consumer electronics such as cameras, mobile phones, projectors, CCTV cameras. It is also widely used in astronomy, biology, medicine, and aerospace, etc. Increasing adoption of flint glass and crown glass for consumer electronics such as smartphones, tablets, laptops, and LED systems, is likely to aid in the market growth of the optical glass market. It is employed in various other industries, which include medical & biotech, astronomy, industrial equipment, and others. In addition, it enhances the performance of semiconductors and ICs in a variety of electronic components such as memory, power, microprocessors, hard disc drives, and others. Moreover, optical glass finds applications in medical devices such as diagnostics & surgical tools and therapeutics, which is expected to provide potential growth opportunities for the market.
Region Overview:
From 2023-2028, Asia is estimated to witness robust growth prospects.
Company Overview:
CDGM Glass Company is one of the major players operating in the Optical Glass market, holding a share of 15.91% in 2021.
CDGM Glass Company was founded in 1956, is the China South industries Group Corporation-owned key enterprises is one of the leading Chinese, has a certain influence in the world of professional supplier of optical materials, production products are widely applied in photoelectric information, as well as aerospace, energy and other fields. CDGM Glass Company produces more than more than 200 varieties of glass, and provision of material, type of material, non-spherical precast products in different forms, meet the needs of modern opto-electronic information products. CDGM Glass Company also provides special glass, lighting glass and e-glass and precious metals such as Platinum, rhodium, processing and purification business.
Corning is one of the world's leading innovators in materials science, with a 169-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramics science, and optical physics, along with its deep manufacturing and engineering capabilities, to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.
Segmentation Overview:
Among different product types, Colorless segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Consumer Optics segment occupied the biggest share from 2018 to 2022.
The Optical Glass market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.
Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.
In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.
Key Companies in the global Optical Glass market covered in Chapter 4:
Hubei New Huaguang
Ohara Corporation
Schott Glaswerke AG
Nikon Corporation
CDGM Glass Company
CORNING
HOYA CORPORATION
Sumita Optical Glass
In Chapter 12 and Chapter 14.1, on the basis of types, the Optical Glass market from 2018 to 2028 is primarily split into:
Colorless
Colored
In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Optical Glass market from 2018 to 2028 covers:
Consumer Optics
Industrial Equipment
Medical & Biotech
Semiconductors
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:
North America (United States, Canada, Mexico)
Europe (Germany, United Kingdom, France, Italy, Spain)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina)
Middle East & Africa (Saudi Arabia, UAE, South Africa)
Outline:
Chapter 1 begins with the Optical Glass market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Optical Glass market and its likely evolution in the short to mid-term and long term.
Chapter 2 provides Optical Glass industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.
Chapter 3 depicts Optical Glass industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.
Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Optical Glass market ranking, benchmarks, and company business portfolio.
Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.
Chapters 6-10 highlight Optical Glass market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.
Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.
Chapters 12-13 evaluate the Optical Glass market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.
Chapters 14-15 elaborate on the Optical Glass market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.
Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
