Market Overview:
The global optical resin sheet market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for sunglasses, contact lenses, and general lenses. Additionally, the growing awareness about eye health and rising disposable income are also contributing factors to the growth of this market. The thermosetting material segment is expected to dominate the global optical resin sheet market during the forecast period owing to its properties such as high heat resistance and durability.
Product Definition:
Optical resin sheet is a transparent material that has been specifically designed for use in optical applications. It is made from a variety of plastics, including acrylics and polycarbonates, and has a high transmission rate for light. This makes it ideal for use in lenses, windows, and other optical devices.
Thermosetting Material:
Thermosetting materials are polymeric resins that harden when heated but retain their plasticity. They can be re-melt and reshaped by the same process, unlike thermoplastics which cannot. Thermosetting materials include epoxy, phenolic resin and polyester resins among others.
Thermoplastic Material:
Thermoplastic material is a type of plastic that can be molded or extruded and then transformed into any shape by the application of heat. Thermoplastic materials include polyvinyl chloride, polystyrene, acrylonitrile butadiene styrene (ABS), high impact polystyrene (PS), acrylics, and others.
Application Insights:
The general lenses application segment led the global market in 2017. The growth of this segment can be attributed to the growing demand for prescription glasses and sunglasses. Presbyopia, a common problem among old people, is also expected to drive demand for reading glasses and other similar products globally.
Sunglasses accounted for over 15% of the total revenue share in 2017 due to high product demand worldwide. Increasing awareness regarding UV protection is also expected to have a positive impact on industry growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to a rise in demand for computer monitors and smartphones, which will drive an increase in optical fiber production, thereby driving an increase in OER usage. In addition, growing use of 3D printing technology across various industries including automotive and construction is anticipated to propel product demand from 2018 to 2030.
The Asia Pacific regional market accounted for a revenue share of more than 25% owing to high production volume of optical fibers coupled with rapid industrialization and urbanization resulting into increased construction activities are some factors that can be attributed toward its large share. Furthermore, rising disposable income along with increasing penetration of major Optical Fibre Communication (OFC) providers such as China Telecom Global (CTG), SK Telecom Co., Ltd., NTT Docomo Inc., KDDI Corporation among others will fuel industry expansion over the next eight years.
Growth Factors:
- Increasing demand for optical resin sheet in the automotive and aerospace industries due to its high strength-to-weight ratio and resistance to corrosion.
- Growing demand from the medical industry for optical resin sheet as a replacement for glass in medical devices and equipment.
- Rising demand from the electronics industry for optical resin sheet as a substrate material in LED displays, solar cells, and other electronic components.
- Increasing use of optical resin sheet in construction applications as a replacement for traditional materials such as glass, metal, and plastic sheets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Resin Sheet Market Research Report
By Type
Thermosetting Material, Thermoplastic Material
By Application
Sunglasses, Contact Lenses, General Lenses
By Companies
HOYA, Ray-Ben, PRADA, Rodenstock, Dior, Bausch Lomb, Kalvin Klein, WX, HKO, ZEISS International, HOYA, ESSIILOR
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Optical Resin Sheet Market Report Segments:
The global Optical Resin Sheet market is segmented on the basis of:
Types
Thermosetting Material, Thermoplastic Material
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
Sunglasses, Contact Lenses, General Lenses
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:
- HOYA
- Ray-Ben
- PRADA
- Rodenstock
- Dior
- Bausch Lomb
- Kalvin Klein
- WX
- HKO
- ZEISS International
- HOYA
- ESSIILOR
Highlights of The Optical Resin Sheet 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:
- Thermosetting Material
- Thermoplastic Material
- By Application:
- Sunglasses
- Contact Lenses
- General Lenses
- 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 Resin Sheet 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
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 resin sheet is a thin, transparent film that can be used to create images or patterns. It is made from a mixture of polymers and pigments, and it can be printed using special inks. Optical resin sheets are often used in applications such as advertising, packaging, and signage.
Some of the key players operating in the optical resin sheet market are HOYA, Ray-Ben, PRADA, Rodenstock, Dior, Bausch Lomb, Kalvin Klein, WX, HKO, ZEISS International, HOYA, ESSIILOR.
The optical resin sheet 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 Resin Sheet 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 Resin Sheet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Optical Resin Sheet 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 Resin Sheet 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 Resin Sheet Market Size & Forecast, 2018-2028 4.5.1 Optical Resin Sheet Market Size and Y-o-Y Growth 4.5.2 Optical Resin Sheet Market Absolute $ Opportunity
Chapter 5 Global Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
5.2.1 Thermosetting Material
5.2.2 Thermoplastic Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Applications
6.2.1 Sunglasses
6.2.2 Contact Lenses
6.2.3 General Lenses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Optical Resin Sheet 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 Resin Sheet 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 Resin Sheet Analysis and Forecast
9.1 Introduction
9.2 North America Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
9.6.1 Thermosetting Material
9.6.2 Thermoplastic Material
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 Resin Sheet Market Size Forecast by Applications
9.10.1 Sunglasses
9.10.2 Contact Lenses
9.10.3 General Lenses
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 Resin Sheet Analysis and Forecast
10.1 Introduction
10.2 Europe Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
10.6.1 Thermosetting Material
10.6.2 Thermoplastic Material
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 Resin Sheet Market Size Forecast by Applications
10.10.1 Sunglasses
10.10.2 Contact Lenses
10.10.3 General Lenses
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 Resin Sheet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
11.6.1 Thermosetting Material
11.6.2 Thermoplastic Material
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 Resin Sheet Market Size Forecast by Applications
11.10.1 Sunglasses
11.10.2 Contact Lenses
11.10.3 General Lenses
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 Resin Sheet Analysis and Forecast
12.1 Introduction
12.2 Latin America Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
12.6.1 Thermosetting Material
12.6.2 Thermoplastic Material
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 Resin Sheet Market Size Forecast by Applications
12.10.1 Sunglasses
12.10.2 Contact Lenses
12.10.3 General Lenses
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 Resin Sheet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Optical Resin Sheet 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 Resin Sheet Market Size Forecast by Type
13.6.1 Thermosetting Material
13.6.2 Thermoplastic Material
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 Resin Sheet Market Size Forecast by Applications
13.10.1 Sunglasses
13.10.2 Contact Lenses
13.10.3 General Lenses
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 Resin Sheet Market: Competitive Dashboard
14.2 Global Optical Resin Sheet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HOYA
14.3.2 Ray-Ben
14.3.3 PRADA
14.3.4 Rodenstock
14.3.5 Dior
14.3.6 Bausch Lomb
14.3.7 Kalvin Klein
14.3.8 WX
14.3.9 HKO
14.3.10 ZEISS International
14.3.11 HOYA
14.3.12 ESSIILOR