Market Overview:
The global photochromic glass market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for photochromic glass in architecture, automobile, and other applications. In terms of type, the photochromic glass segment is expected to dominate the market during the forecast period. This can be attributed to its properties such as high transparency and low reflectivity. In terms of application, the architecture segment is expected to hold a major share of the global photochromic glass market during the forecast period owing to its growing demand from residential and commercial buildings across regions.
Product Definition:
Photochromic Glass is a type of glass that changes color when exposed to sunlight. It is used in sunglasses and other eyewear to protect the wearer's eyes from UV radiation.
Photochromic Glass:
Photochromic Glass is a type of glass that can be transformed from transparent to dark in response to light. It was first developed by the Englishman Edward Charlesworth in 1852. The transformation from clear to colored takes place when exposed to ultra-violet light, and it's reversible under normal lighting conditions as well.
The photochromic effect was first discovered for practical use with the discovery of photochemical stability.
Electrochromism Glass:
Electrochromism glass is a type of special glass that can be altered from transparent to colored by an electric current. It was first developed in 1803 by a French scientist named Charles-Auguste de Coulomb. The technology has evolved over the years and is used in many applications such as mobile phone displays, LCD screens, computer monitors, television frames and car windows today.
Application Insights:
The automobile application segment led the global photochromic glass market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for cars with enhanced aesthetic appeal and improved performance characteristics is expected to be a major factor driving the product demand in this application segment.
Automobile manufacturers are continuously striving to enhance passenger safety, comfort, and convenience by introducing advanced automotive technologies such as head-up displays (HUD), adaptive cruise control systems, lane departure warning systems, etc. Photochromic glasses are increasingly being used for providing optimal visibility in these advanced automotive applications by enabling drivers to switch between clear lens mode and darkened lenses mode automatically without taking their eyes off the road or hands off the steering wheel. Such features offered by photochromic glasses help drivers concentrate on driving safely while offering them an enhanced visual experience during night drives or when it rains heavily.
Regional Analysis:
North America accounted for the largest share of global market in 2017. The region is expected to maintain its dominance over the forecast period owing to growing construction and automobile industries. Rising demand for photochromic glass from architectural applications is also expected to drive growth in North America during the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6% during the same period owing to rapid industrialization, increasing population, and rising disposable income levels in emerging economies such as China and India.
Growth Factors:
- Increasing demand for smart and energy-efficient buildings
- Growing construction industry in developing countries
- Rising demand for architectural glass in automotive and transportation sector
- Proliferation of digital printing technology
- Growing popularity of photochromic glasses among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Photochromic Glass Market Research Report
By Type
Photochromic Glass, Electrochromism Glass
By Application
Architecture, Automobile, Others
By Companies
Asahi Glass Corporation, Chromogenics, Corning Incorporated, DuPont, Gentex Corporation, Transitions Optical, Rodenstock, SEIKO Optical, Essilor International, Vision Ease, Younger Optics, Optical Dynamics, Signet Armorlite
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Photochromic Glass Market Report Segments:
The global Photochromic Glass market is segmented on the basis of:
Types
Photochromic Glass, Electrochromism Glass
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
Architecture, Automobile, 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:
- Asahi Glass Corporation
- Chromogenics
- Corning Incorporated
- DuPont
- Gentex Corporation
- Transitions Optical
- Rodenstock
- SEIKO Optical
- Essilor International
- Vision Ease
- Younger Optics
- Optical Dynamics
- Signet Armorlite
Highlights of The Photochromic Glass 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:
- Photochromic Glass
- Electrochromism Glass
- By Application:
- Architecture
- Automobile
- 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 Photochromic Glass 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?
Photochromic glass is a type of glass that can change color when exposed to light. This allows the user to see the glass in different colors, depending on the light source.
Some of the key players operating in the photochromic glass market are Asahi Glass Corporation, Chromogenics, Corning Incorporated, DuPont, Gentex Corporation, Transitions Optical, Rodenstock, SEIKO Optical, Essilor International, Vision Ease, Younger Optics, Optical Dynamics, Signet Armorlite.
The photochromic glass market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photochromic Glass 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 Photochromic Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photochromic Glass 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 Photochromic Glass 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 Photochromic Glass Market Size & Forecast, 2018-2028
4.5.1 Photochromic Glass Market Size and Y-o-Y Growth
4.5.2 Photochromic Glass Market Absolute $ Opportunity
Chapter 5 Global Photochromic Glass 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 Photochromic Glass Market Size Forecast by Type
5.2.1 Photochromic Glass
5.2.2 Electrochromism Glass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photochromic Glass 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 Photochromic Glass Market Size Forecast by Applications
6.2.1 Architecture
6.2.2 Automobile
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photochromic Glass 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 Photochromic Glass 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 Photochromic Glass Analysis and Forecast
9.1 Introduction
9.2 North America Photochromic Glass 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 Photochromic Glass Market Size Forecast by Type
9.6.1 Photochromic Glass
9.6.2 Electrochromism Glass
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 Photochromic Glass Market Size Forecast by Applications
9.10.1 Architecture
9.10.2 Automobile
9.10.3 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 Photochromic Glass Analysis and Forecast
10.1 Introduction
10.2 Europe Photochromic Glass 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 Photochromic Glass Market Size Forecast by Type
10.6.1 Photochromic Glass
10.6.2 Electrochromism Glass
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 Photochromic Glass Market Size Forecast by Applications
10.10.1 Architecture
10.10.2 Automobile
10.10.3 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 Photochromic Glass Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photochromic Glass 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 Photochromic Glass Market Size Forecast by Type
11.6.1 Photochromic Glass
11.6.2 Electrochromism Glass
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 Photochromic Glass Market Size Forecast by Applications
11.10.1 Architecture
11.10.2 Automobile
11.10.3 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 Photochromic Glass Analysis and Forecast
12.1 Introduction
12.2 Latin America Photochromic Glass 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 Photochromic Glass Market Size Forecast by Type
12.6.1 Photochromic Glass
12.6.2 Electrochromism Glass
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 Photochromic Glass Market Size Forecast by Applications
12.10.1 Architecture
12.10.2 Automobile
12.10.3 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) Photochromic Glass Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photochromic Glass 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) Photochromic Glass Market Size Forecast by Type
13.6.1 Photochromic Glass
13.6.2 Electrochromism Glass
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) Photochromic Glass Market Size Forecast by Applications
13.10.1 Architecture
13.10.2 Automobile
13.10.3 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 Photochromic Glass Market: Competitive Dashboard
14.2 Global Photochromic Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Glass Corporation
14.3.2 Chromogenics
14.3.3 Corning Incorporated
14.3.4 DuPont
14.3.5 Gentex Corporation
14.3.6 Transitions Optical
14.3.7 Rodenstock
14.3.8 SEIKO Optical
14.3.9 Essilor International
14.3.10 Vision Ease
14.3.11 Younger Optics
14.3.12 Optical Dynamics
14.3.13 Signet Armorlite
