Market Overview:
The global optical grade polycarbonate market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical grade polycarbonate from the automotive and building & construction industries. In terms of type, the lens segment is expected to lead the global optical grade polycarbonate market during the forecast period. This can be attributed to its properties such as scratch resistance, transparency, and durability.
Product Definition:
Optical grade polycarbonate has a very low coefficient of thermal expansion, making it resistant to changes in shape with temperature fluctuations. This quality makes it ideal for use in optical applications such as lenses and windows where clarity and dimensional stability are essential.
Lens:
Lens is a transparent material that is used in the manufacturing of optical grade polycarbonate (OCPC). It helps to control light transmission and reflection. The most commonly used lenses are glass, plastic, and metal. Plastic lens are widely used owing to its low cost & weight along with high flexibility. Glass lens offers better clarity as compared to plastic but at an increased cost; whereas metal lens provides higher reflectivity as compared to other two but at a significant increase in price & weight.
Diffuser:
A diffuser is an optical material that is used to spread light in the desired direction. It can be used with any type of light source, including LED, incandescent, fluorescent and HID. The most common way to use a diffuser is by placing it between the source of light and the object being illuminating. In this case, it spreads the illumination over a larger area compared to its individual size thus making an angle of incidence greater than 90 degrees (the critical angle).
Application Insights:
Building materials was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. Optical grade polycarbonate is used for manufacturing building materials, such as windows, skylights, wall panels and roofing systems on account of its properties including impact resistance, high thermal insulation and light-weight characteristics.
The product has applications in automotive industry owing to its superior optical performance which includes glare reduction & visibility enhancement along with safety & comfort features offered by these products to drivers and passengers. The growing automotive industry across regions coupled with rising consumer demand for advanced technologies are likely to propel market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key optical component manufacturers and high demand for advanced optics. The region is expected to witness moderate growth over the forecast period, which can be attributed to increasing R&D activities and technological advancements.
Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to rapid industrialization, availability of low-cost skilled workforce, growing economies & changing regulatory scenario in emerging countries such as China & India. In addition, rising investments by governments for developing infrastructure are anticipated to fuel industry growth over this period.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and aerospace industries
- Growing demand from medical industry for optical grade polycarbonate as a replacement for glass in medical devices
- Rising demand from electronics industry for optical grade polycarbonate to manufacture LED lenses and coverings
- Increasing use of optical grade polycarbonate in construction industry as a substitute for traditional materials such as glass and metal
- Growing awareness about the benefits of using optical grade polycarbonate over other materials
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Grade Polycarbonate Market Research Report
By Type
Lens, Diffuser, Reflector, Radiator, Other
By Application
Optical Lenses, Building Materials, Auto Industry, Other
By Companies
Nordson, Omay, Covestro, Jinxi Chemical Research Institute, Ensinger, Professional Plastics, Wanhua Chemical, Emco Industrial Plastics, Plaskolite, Idemitsu Kosan, Nordson, Tekra Corporation, AGC, UVPLASTIC Material Technology, Instrument Plastics, Foshan Dafu New Materials, Scicron Technology, Laird Plastics, SABIC, Mitsubishi Chemical, Edmund Optics, Fu Yu Corporation, Chimei Corporation, Ningbo Zhetiedafeng Chemical, Prolens AG
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Optical Grade Polycarbonate Market Report Segments:
The global Optical Grade Polycarbonate market is segmented on the basis of:
Types
Lens, Diffuser, Reflector, Radiator, Other
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
Optical Lenses, Building Materials, Auto Industry, Other
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:
- Nordson
- Omay
- Covestro
- Jinxi Chemical Research Institute
- Ensinger
- Professional Plastics
- Wanhua Chemical
- Emco Industrial Plastics
- Plaskolite
- Idemitsu Kosan
- Nordson
- Tekra Corporation
- AGC
- UVPLASTIC Material Technology
- Instrument Plastics
- Foshan Dafu New Materials
- Scicron Technology
- Laird Plastics
- SABIC
- Mitsubishi Chemical
- Edmund Optics
- Fu Yu Corporation
- Chimei Corporation
- Ningbo Zhetiedafeng Chemical
- Prolens AG
Highlights of The Optical Grade Polycarbonate 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:
- Lens
- Diffuser
- Reflector
- Radiator
- Other
- By Application:
- Optical Lenses
- Building Materials
- Auto Industry
- Other
- 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 Grade Polycarbonate 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 grade polycarbonate is a type of plastic that is made to be transparent and resistant to scratches. It is often used in products that need to be clear, such as lenses or windows.
Some of the major players in the optical grade polycarbonate market are Nordson, Omay, Covestro, Jinxi Chemical Research Institute, Ensinger, Professional Plastics, Wanhua Chemical, Emco Industrial Plastics, Plaskolite, Idemitsu Kosan, Nordson, Tekra Corporation, AGC, UVPLASTIC Material Technology, Instrument Plastics, Foshan Dafu New Materials, Scicron Technology, Laird Plastics, SABIC, Mitsubishi Chemical, Edmund Optics, Fu Yu Corporation, Chimei Corporation, Ningbo Zhetiedafeng Chemical, Prolens AG.
The optical grade polycarbonate market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Optical Grade Polycarbonate 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 Grade Polycarbonate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Optical Grade Polycarbonate 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 Grade Polycarbonate 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 Grade Polycarbonate Market Size & Forecast, 2018-2028
4.5.1 Optical Grade Polycarbonate Market Size and Y-o-Y Growth
4.5.2 Optical Grade Polycarbonate Market Absolute $ Opportunity
Chapter 5 Global Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
5.2.1 Lens
5.2.2 Diffuser
5.2.3 Reflector
5.2.4 Radiator
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Applications
6.2.1 Optical Lenses
6.2.2 Building Materials
6.2.3 Auto Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Grade Polycarbonate 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 Grade Polycarbonate 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 Grade Polycarbonate Analysis and Forecast
9.1 Introduction
9.2 North America Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
9.6.1 Lens
9.6.2 Diffuser
9.6.3 Reflector
9.6.4 Radiator
9.6.5 Other
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 Grade Polycarbonate Market Size Forecast by Applications
9.10.1 Optical Lenses
9.10.2 Building Materials
9.10.3 Auto Industry
9.10.4 Other
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 Grade Polycarbonate Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
10.6.1 Lens
10.6.2 Diffuser
10.6.3 Reflector
10.6.4 Radiator
10.6.5 Other
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 Grade Polycarbonate Market Size Forecast by Applications
10.10.1 Optical Lenses
10.10.2 Building Materials
10.10.3 Auto Industry
10.10.4 Other
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 Grade Polycarbonate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
11.6.1 Lens
11.6.2 Diffuser
11.6.3 Reflector
11.6.4 Radiator
11.6.5 Other
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 Grade Polycarbonate Market Size Forecast by Applications
11.10.1 Optical Lenses
11.10.2 Building Materials
11.10.3 Auto Industry
11.10.4 Other
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 Grade Polycarbonate Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
12.6.1 Lens
12.6.2 Diffuser
12.6.3 Reflector
12.6.4 Radiator
12.6.5 Other
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 Grade Polycarbonate Market Size Forecast by Applications
12.10.1 Optical Lenses
12.10.2 Building Materials
12.10.3 Auto Industry
12.10.4 Other
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 Grade Polycarbonate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Grade Polycarbonate 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 Grade Polycarbonate Market Size Forecast by Type
13.6.1 Lens
13.6.2 Diffuser
13.6.3 Reflector
13.6.4 Radiator
13.6.5 Other
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 Grade Polycarbonate Market Size Forecast by Applications
13.10.1 Optical Lenses
13.10.2 Building Materials
13.10.3 Auto Industry
13.10.4 Other
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 Grade Polycarbonate Market: Competitive Dashboard
14.2 Global Optical Grade Polycarbonate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordson
14.3.2 Omay
14.3.3 Covestro
14.3.4 Jinxi Chemical Research Institute
14.3.5 Ensinger
14.3.6 Professional Plastics
14.3.7 Wanhua Chemical
14.3.8 Emco Industrial Plastics
14.3.9 Plaskolite
14.3.10 Idemitsu Kosan
14.3.11 Nordson
14.3.12 Tekra Corporation
14.3.13 AGC
14.3.14 UVPLASTIC Material Technology
14.3.15 Instrument Plastics
14.3.16 Foshan Dafu New Materials
14.3.17 Scicron Technology
14.3.18 Laird Plastics
14.3.19 SABIC
14.3.20 Mitsubishi Chemical
14.3.21 Edmund Optics
14.3.22 Fu Yu Corporation
14.3.23 Chimei Corporation
14.3.24 Ningbo Zhetiedafeng Chemical
14.3.25 Prolens AG
