Global Optical Glass
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Optical Glass market size will be $2,541.45 Million by 2028. Optical Glass Industry's Compound Annual Growth Rate will be 3.71% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Optical Glass market size will be $2,541.45 Million by 2028. Optical Glass Industry's Compound Annual Growth Rate will be 3.71% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Optical Glass Market Sales Revenue 2028 | $ 2541.45 Million |
Global Optical Glass Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.71% |
Market Split by Type |
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Market Split by Application |
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Market Split by Raw Material |
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Market Split by Supply Form |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Optical Glass Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Optical glass refers to a group of glass compositions that are used to make optical components such as lenses, prisms, beam splitters, and optical windows. Optical glass uses two types glass: flint or crown glass. Flint glass is produced using lead, while crown glass contains a higher level of potassium oxide.
Optical glass has a high quality, homogenous, colourless glass with certain refractive qualities. It is made with a variety of chemicals that alter glass compositions and help to improve qualities that are especially relevant for optical applications. To improve its capacity to transmit light within specified wavelengths, it is made from a variety of raw elements such as boric oxide, lead, zinc oxide, fluorite, and barium oxide, potassium oxide, and phosphorus pentoxide.
Furthermore, the optical glass is available in different types designed for optimizing the transparency and refractive index according to applications and are commercially available. Colourless and coloured forms are widely accepted in the market.
Additionally, these optical glasses are marked in plate, round plate, worked rod, and prism form for various applications. The optical business covers a wide range of applications involving light's characteristics and mobility.
It is widely used in medical devices, consumer electronics, telescope, industrial equipment, electronics & semiconductors, laser systems, and many other industries. Optical solutions, such as lenses for eyeglasses and cameras, as well as fibre optics, are become a continuous part of daily life.
As technology progressed, the desire for high-quality optical glasses grew in popularity. Optical glass is a great material for sophisticated technical applications such as robots, virtual reality displays, laser equipment, and 3D printing because of its outstanding clarity and accuracy, as well as its strong chemical and temperature tolerance. This resulted in the positive growth of the optical glass market.
Optical glass is an amorphous solid material, which finds its application in consumer electronics such as webcams, mobile phones, automotive components, endoscopes, tablets, and many other connected devices. The rise in the production of electronic devices, is one of the factors, driving the adoption of optical glasses in consumer electronics.
In 2010, the US contributed around 27% of the global value, through the electronic industry. Additionally, introduction of the new foreign investment policies has led to the increased demand for electronic products and the presence of several key players in developing countries. Moreover, China increased its contribution from 4 % to 23% in the electronic industry.
Some of the major production of electronic devices occurs in China, which has led to the increased adoption of optical glasses, as they are used for the formation of layer in electronic devices.
The increase in the outsourcing of the manufacturing of electronic devices has led to the increased adoption of optical glass in the electronic industry. Moreover, the increased disposable income has led to a rise in the demand for electronic products, which contributes to the growth of the market.
According to the Indian Brand Equity Foundation (IBEF), the electronic goods export between April 2021 to August 2021 was USD 5.37 billion and for the month of August 2021 it was USD 1.14 billion. The optical glasses also find its application in the semiconductor industries in variety of electronic components such as memory, power, microprocessors, hard disc drives, and others. Hence, rise in the electronic industry enhances the demand for optical glasses thereby boosting the growth of market.
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CDGM GLASS CO., LTD. is a manufacturer of optical glass. The products offered by the company are ball lenses, glass blanks, spherical lenses, borosilicate, strip glass and others. The optical glass CDGM offers has been mainly used in cameras, mobile phones, projectors, cctv, and automotive monitoring system.
Edmund Optics Inc. is a manufacturer of optics, imaging and photonics technology that has served a variety of markets including Life Sciences, Biomedical, Industrial Inspection, Semiconductor, R&D, and Defense. The company also produces optical components, multi-element lenses, optical components, multi-element lenses, and others.
The company employs over 1,000 employees in over nine countries across the globe. It has over 235,000 sq. ft. (21,800 m2) of manufacturing space located in the Americas, Europe, and Asia and two world-class design centers.
The company has announced the relocation of its regional South Korea office to a larger facility in the Mapo district of Seoul. This expansion, into largest metropolitan areas, is necessary to put up growing business demands. The new, 2,841 square foot (264 square meter) office has accommodated more employees and an improved, state-of-the-art workspace.
Top Companies Market Share in Optical Glass Industry: (In no particular order of Rank)
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Region and country analysis section of Optical Glass Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Optical Glass market.
The current report Scope analyzes Optical Glass Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Optical Glass Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Optical Glass Industry growth. Optical Glass market has been segmented with the help of its Type, Application Raw Material, and others. Optical Glass market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The Colorless Revenue in Optical Glass market is estimated to reach USD 1,489.56 Million by 2028.
Colorless optical glass is mainly BK-7, B270, and other colorless optical glass materials. Colorless optical glass has excellent mechanical properties and very low air bubbles and impurities. It is a good scratch-resistant optical glass. This optical glass is used in consumer optics, industrial equipment, medical, biotech, and in semiconductor industries.
Colored optical glass is mostly used as a filter. They enable some wavelengths of light to flow through unhindered while restricting others to a certain amount. The colored optical glass's absorption and transmission capabilities are used in employing thin film coatings to accomplish filtering effects.
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The Medical Devices Revenue in Optical Glass market is anticipated to reach USD 925.84 Million by 2028.
Optical glass components integrated into medical equipment frequently have stringent design and construction requirements to guarantee they perform properly. With the development of optical fibers and laser light sources, many of the optical medical equipment in use today were invented. It is found in analytical and medical equipment lenses. Similarly, corrective optical glasses are conclusively one of the most extensively used medical equipment. Cameras and other imaging detectors are another important part of today's medical devices that employ optical glasses for diagnostic systems anytime viewing, collecting, or storing pictures is necessary.
Optical glasses are used in a variety of consumer electronics applications. It is a thin film that is utilized in a display of electronics. These optical glasses help to increase dimensional stability throughout the display creation process, reducing the amount of volume relaxation. Usually, miniature optics are utilized in a variety of applications, including webcams, mobile phones, automotive components, endoscopes, tablets, and a variety of other linked devices.
A telescope mirror may be built from less pure glass than that used to build a lens because light does not flow through a telescope mirror. A telescope is made up of an optical system (lenses and/or mirrors) and hardware components that keep the optical system together. Optical glass is used to make optical lenses or mirrors. These lenses or mirrors are used to capture and concentrate light mostly from the visible portion of the electromagnetic spectrum, to magnify an image for direct visual inspection, to take a photograph, or to collect data using electronic image sensors.
Optical glass, in the shape of lenses, prisms, and plates, has radically altered the manufacturing of industrial equipment. It is widely used in image-forming equipment. Its mechanical and electrical qualities also make it excellent for industrial applications, since it is capable of producing material and fabricating it into an optical component at a reasonable cost. Lighting, medical, optical, photographic, and industrial laser equipment all employ optical glass.
Optical glass is an appropriate material for laser systems because the production process is totally scalable. Reflective substrates that are resistant to heat effects are required for high-energy laser applications, which can be done using optical glass. Protective coatings are used in industrial and military laser systems to offer durable surfaces for high-energy reflection or transmission. For this purpose, optical glass coating is becoming increasingly popular.
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The Boric Oxide Revenue in Optical Glass market is projected to reach USD 905.26 Million by 2028
Boron trioxide (B2O3) is a chemical compound that may be combined with silica to make borosilicate glass (often with some other additions like sodium oxide and aluminium oxide). The BK7 glass, for example, is a crown glass of such sort. Boric oxide (B2O3), introduced as borates, is crucial in optical glass manufacturing because it provides qualities that would be technically impossible or prohibitively costly to accomplish otherwise. It is utilised as a flux in optical glass manufacturing to lower processing temperatures in instances where alkali addition is restricted.
Crown glass is a form of optical glass used in lenses that is made from alkali-lime silicates with a potassium oxide content of around 10%. Instead of sodium oxide, certain optical glasses include a high concentration of potassium oxide.
ZnO is recognized to be the finest glass producer because it has superior physical and mechanical features, including a much lower softening point than other types of glasses. Zinc oxide concentration in the optical glasses is used to raise the density, refractive index, and activation energy for the alkali-ion diffusion internal friction peak.
Phosphorus pentoxide (P2O5) is combined with other chemical components to form phosphate glasses. Their glass transition temperature is quite low (usually below 400 °C) and strong optical transmission spectral range is around 0.4 m to 2 m, which is slightly smaller than silica glasses. Compared to silicate glasses, they have a lower optical damage threshold and heat conductivity
Fluorite is a mineral that is used to make opalescent glass. Natural fluorite is found in tiny sizes which are appropriate for use in small optical equipment for microscope object lenses. It is used in microscopes and telescopes as optically clear translucent fluorite lenses have low dispersion and they have less chromatic aberration. Fluorite optics can also be used in the ultraviolet and mid-infrared wavelengths, when regular glasses are too opaque.
Barium Oxide is utilized in the creation of some types of glass, such as optical crown glass as it can replaced lead (II) oxide. Barium Oxide can make up to 30% of the optical glass. It is utilized in optical glass because it is very insoluble and thermally stable. The thermal stability of optical glass is improved by the presence of barium oxide.
The Plate Revenue in Optical Glass market is expected to reach USD 854.42 Million by 2028.
The optical glass plate is hand painted, pigmented, or engraving and available in glass and plastic. It features high purity (>99.99%), good physical and chemical properties, tight tolerances, and low -OH content. Optical glass in plate is majorly used in windows. Some laser glass plates are used in laser systems as protection plates for other components. It is widely used
Round plate optical glasses are mostly used in lenses. The round plate optical glasses have high light transmission, acid and alkali resistance, and can be made up of any dimensions.
Optical glass rods utilized in applications that require tiny optical components such as ball lenses, rod lenses, spheres, and discs and made with utilizing a variety of techniques. In the visible spectral range, it has improved transmission values, particularly in the blue-violet range. There are several different types of optical glass rods on the market, including stained glass, toughened glass, and optical glass.
Prisms is a collection of Borosilicate Crown Glass prisms. It is made of solid glass that is been ground and polished into geometrical and visually meaningful forms. The kind and function of prisms are determined by the angle, location, and number of surfaces. Prisms function on the idea that light changes speed and angle as it passes through different materials. Because the angle of refraction varies across wavelengths of light, the numerous colours (corresponding to different wavelengths) that make up white light can be stretched out into a rainbow of colours.
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Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Colorless Optical Glass, Colored Optical Glass |
Application | Medical Devices, Consumer Electronics, Telescope, Industrial Equipment, Laser Systems, Others |
Raw Material | Boric Oxide, Potassium Oxide, Zinc Oxide, Phosphorus Pentoxide, Fluorite, Barium Oxide, Others |
Supply Form | Plate, Round plate, Worked Rod, Prism |
List of Competitors | Schott Glaswerke, Ohara Corporation, HOYA CORPORATION, CDGM Glass Company, Edmund Optics, Nikon Corporation, Crystran Ltd, Sumita Optical Glass, Sterling Precision Optics, CORNING, OAG Werk Optik, Scitec Instruments, Precision Optical, China South Industries Group Corporation, Hubei New Huaguang, Changchun Boxin Photoelectric |
This chapter will help you gain GLOBAL Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review Global Optical Glass Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review North America Optical Glass Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review Europe Optical Glass Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review Asia Pacific Optical Glass Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review South America Optical Glass Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Optical Glass. Further deep in this chapter, you will be able to review Middle East and Africa Optical Glass Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Optical Glass. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Raw Material Analysis 2019 -2031
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Chapter 13 Market Split by Supply Form Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Optical Glass market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
Why Colorless Optical Glass have a significant impact on Optical Glass market? |
What are the key factors affecting the Colorless Optical Glass and Colored Optical Glass of Optical Glass Market? |
What is the CAGR/Growth Rate of Medical Devices during the forecast period? |
By type, which segment accounted for largest share of the global Optical Glass Market? |
Which region is expected to dominate the global Optical Glass Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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