Market Overview:
The global optical elastic resin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart phones, digital cameras, laptops, and tablets. Additionally, the rising demand for 3D printing is also contributing to the growth of this market. Optical elastic resins are used in 3D printing for applications such as medical implants and prosthetics. However, fluctuations in prices of raw materials used in the production of optical elastic resins may hamper the growth of this market during the forecast period.
 Industry Outlook.svg)
Product Definition:
Optical Elastic Resin (SVR) is a type of optical adhesive that is used to bond two optical surfaces together. Optical Elastic Resin (SVR) can be used to bond a lens to a frame, or two lenses together. Optical Elastic Resin (SVR) helps to keep the two optical surfaces aligned and prevents the formation of air bubbles between the surfaces.
Single-component:
Single-component (SC) is a term used for optical elastic resin, which has one main component and all other components are mixed in it. SC resins have high flexibility and low modulus of elasticity. They can be easily processed by shaping or cutting according to the requirement. Optical properties such as absorption, refraction, total internal reflection of light along with high stiffness make them suitable for use in the production of optical waveguides including fiber optic cables and lenses.
Dual-component:
Dual-component is a method used to produce optical elastic resin (SVR) with two components, namely the elastomer and an adhesive. The process involves mixing of both components in appropriate ratio and heating them to obtain desired product. This technology is widely used for manufacturing SVR due to its several advantages such as high mechanical strength, flexibility at room temperature, low viscosity during mixing as well as good adhesion between layers which are expected to be joined.
Application Insights:
The others application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The major applications of optical elastic resins include smart phone, digital camera, laptop, tablet and other consumer electronics products.
The demand for SVRs in smart phones is expected to increase significantly owing to their rising use in a variety of applications including vibration reduction/silent mode function, shock absorption/protective bumper function and antenna stabilization/RFID blockage function. In addition, they are also used as an alternative solution compared with glass substrates due to its low cost and high durability which may further propel their demand over the next few years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period due to increasing demand for laptops, tablets, smartphones, digital cameras, medical equipment and others. In addition, rising R&D activities by major companies are likely to boost product demand in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization along with growing consumer awareness regarding SVRs benefits such as high strength & durability at lower weight as comparedto metals and alloys counterparts. Moreover rising disposable income coupled with increased spending on luxury goods including shoes & handbags is further expected drive regional growth during the forecast years from 2018 To 2030 (USD Million).
Growth Factors:
- Increasing demand for optical fiber in telecom and data communication applications
- Rising demand for SVR in optical components and modules
- Growing popularity of SVR-based 3D printing technology
- Proliferation of next-generation 5G networks
- Increasing adoption of virtual reality (VR) and augmented reality (AR) applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Elastic Resin (SVR) Market Research Report
By Type
Single-component, Dual-component
By Application
Smart Phone, Digital Camera, Laptop, Tablet, Others
By Companies
Dexerials, Kyoritsu Chemical, ThreeBond International, Dexerials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Optical Elastic Resin (SVR) Market Report Segments:
The global Optical Elastic Resin (SVR) market is segmented on the basis of:
Types
Single-component, Dual-component
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smart Phone, Digital Camera, Laptop, Tablet, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dexerials
- Kyoritsu Chemical
- ThreeBond International
- Dexerials
 Market Overview.svg)
Highlights of The Optical Elastic Resin (SVR) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-component
- Dual-component
- By Application:
- Smart Phone
- Digital Camera
- Laptop
- Tablet
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Optical Elastic Resin (SVR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Optical elastic resin (SVR) is a type of optical fiber that has the ability to return to its original shape after being stretched or compressed. This makes SVR an ideal material for use in applications such as stretch sensors, optical communication systems, and medical devices.
Some of the key players operating in the optical elastic resin (svr) market are Dexerials, Kyoritsu Chemical, ThreeBond International, Dexerials.
The optical elastic resin (svr) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Elastic Resin (SVR) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Optical Elastic Resin (SVR) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Elastic Resin (SVR) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Optical Elastic Resin (SVR) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Optical Elastic Resin (SVR) Market Size & Forecast, 2018-2028
4.5.1 Optical Elastic Resin (SVR) Market Size and Y-o-Y Growth
4.5.2 Optical Elastic Resin (SVR) Market Absolute $ Opportunity
Chapter 5 Global Optical Elastic Resin (SVR) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Optical Elastic Resin (SVR) Market Size Forecast by Type
5.2.1 Single-component
5.2.2 Dual-component
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Elastic Resin (SVR) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Optical Elastic Resin (SVR) Market Size Forecast by Applications
6.2.1 Smart Phone
6.2.2 Digital Camera
6.2.3 Laptop
6.2.4 Tablet
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Elastic Resin (SVR) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Optical Elastic Resin (SVR) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Optical Elastic Resin (SVR) Analysis and Forecast
9.1 Introduction
9.2 North America Optical Elastic Resin (SVR) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Optical Elastic Resin (SVR) Market Size Forecast by Type
9.6.1 Single-component
9.6.2 Dual-component
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Optical Elastic Resin (SVR) Market Size Forecast by Applications
9.10.1 Smart Phone
9.10.2 Digital Camera
9.10.3 Laptop
9.10.4 Tablet
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Optical Elastic Resin (SVR) Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Elastic Resin (SVR) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Optical Elastic Resin (SVR) Market Size Forecast by Type
10.6.1 Single-component
10.6.2 Dual-component
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Optical Elastic Resin (SVR) Market Size Forecast by Applications
10.10.1 Smart Phone
10.10.2 Digital Camera
10.10.3 Laptop
10.10.4 Tablet
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Optical Elastic Resin (SVR) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Elastic Resin (SVR) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Optical Elastic Resin (SVR) Market Size Forecast by Type
11.6.1 Single-component
11.6.2 Dual-component
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Optical Elastic Resin (SVR) Market Size Forecast by Applications
11.10.1 Smart Phone
11.10.2 Digital Camera
11.10.3 Laptop
11.10.4 Tablet
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Optical Elastic Resin (SVR) Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Elastic Resin (SVR) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Optical Elastic Resin (SVR) Market Size Forecast by Type
12.6.1 Single-component
12.6.2 Dual-component
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Optical Elastic Resin (SVR) Market Size Forecast by Applications
12.10.1 Smart Phone
12.10.2 Digital Camera
12.10.3 Laptop
12.10.4 Tablet
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Optical Elastic Resin (SVR) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Elastic Resin (SVR) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Optical Elastic Resin (SVR) Market Size Forecast by Type
13.6.1 Single-component
13.6.2 Dual-component
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Optical Elastic Resin (SVR) Market Size Forecast by Applications
13.10.1 Smart Phone
13.10.2 Digital Camera
13.10.3 Laptop
13.10.4 Tablet
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Optical Elastic Resin (SVR) Market: Competitive Dashboard
14.2 Global Optical Elastic Resin (SVR) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dexerials
14.3.2 Kyoritsu Chemical
14.3.3 ThreeBond International
14.3.4 Dexerials
