The Market Reports

Synopsis
The global market for Optical Glass was estimated to be worth US$ 1990 million in 2024 and is forecast to a readjusted size of US$ 2879 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Optical Glass cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Optical glass is an inorganic amorphous material with specific optical properties. It is mainly used to control the propagation direction, intensity, dispersion and imaging quality of light. Compared with ordinary glass, optical glass has higher refractive index accuracy, dispersion control ability, optical uniformity and transmittance. Its refractive index (nd) and Abbe number (Vd) need to be strictly controlled within a very small deviation range. It is usually melted from high-purity oxides such as silicon, boron, barium, strontium, lead, and lanthanum, and is prepared through ultrasonic stirring, slow cooling annealing, precision testing and other processes. Optical glass is the core material for manufacturing optical components such as lenses, prisms, windows, filters, etc., and is widely used in optical instruments, consumer electronics, aerospace, medical imaging, laser systems and other fields.
The current optical glass market is showing a multi-dimensional evolution trend. With the rapid expansion of AR optics, smart driving, laser radar and other scenarios, high refractive index and low dispersion glass (such as LaK, ZLaF) is widely used in high-end lens modules, promoting the development of materials from traditional "imaging optics" to the integration of "perception + communication". At the same time, stricter environmental regulations have led to the gradual replacement of traditional lead-containing materials with lead-free glass, becoming the mainstream choice in the world. From a regional perspective, Japan and Germany still control the dominance of high-end formulas and processes, but Chinese manufacturers have rapidly risen in the mid-to-high-end market with their localized manufacturing advantages, large-scale production capacity and cost-effective strategies. Despite this, high-end optical glass is still highly dependent on imports. The fluctuation of rare earth prices, the growth of demand for compression molding and the pressure of green manufacturing have also posed higher technical and process challenges to local companies, and at the same time have bred key opportunities for breakthroughs in high-end and industrial chain autonomy. North America is the largest market, accounting for about 30% of the market share. Europe is second, accounting for about 27% of the market share. The main manufacturers include Schott, HOYA, CDGM Glass, Edmund Optics, Nikon, Crystran, Sumita Optical Glass, Sterling Precision Optics, CORNING, Precision Optical Inc., Hubei New Huaguang, Changchun Boxin Photoelectric Co., etc. The top three manufacturers account for about 21% of the market share.
This report aims to provide a comprehensive presentation of the global market for Optical Glass, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Optical Glass by region & country, by Type, and by Application.
The Optical Glass market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Glass.
Market Segmentation
By Company
Schott Glaswerke AG
HOYA CORPORATION
AGC
Edmund Optics
Nikon Corporation
Crystran Ltd
Sumita Optical Glass
Toyotec
CORNING
Precision Optical
Ohara
GLAShern Glass
CDGM Glass
Hubei New Huaguang
Gabrielle
Changchun Boxin Photoelectric Co.
Shandong Kangyou
Beijing Guangmu
Segment by Type
Colorless Optical Glass
Colored Optical Glass
Segment by Application
Consumer Electronics
Automotive Electronics
Optical Instruments
Medical Imaging
Industrial Testing
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Optical Glass manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Optical Glass in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Optical Glass in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index