세계의 포토크로믹 재료 시장 예측(-2030년) : 제품별, 유형별, 재료별, 기술별, 용도별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Photochromic Materials Market is accounted for $7.85 billion in 2024 and is expected to reach $10.13 billion by 2030 growing at a CAGR of 6.8% during the forecast period. Photochromic materials are substances that change their colour or optical properties in response to light exposure. These materials undergo a reversible chemical reaction when exposed to ultraviolet (UV) or visible light, leading to a shift in their colour or transparency. The ability to return to their original state when the light source is removed is a key characteristic of photochromic materials.

According to the October 2021 report of the World Health Organization, about 2.2 billion people across the world have near or distant vision impairment, of which approximately 1 billion cases of vision impairment, can be prevented or could have been prevented.

Market Dynamics:

Driver:

Growing demand for advanced eyewear

Consumers seek eyewear that offers enhanced functionality, such as automatic tint adjustment for varying light conditions. Photochromic materials meet this need by providing adaptive lenses that darken in bright light and lighten in low light. This demand for high-performance, versatile eyewear encourages manufacturers to invest in photochromic technology, leading to market expansion and increased production. Enhanced consumer awareness and preference for convenience further boost market growth.

Restraint:

Durability issues

Durability issues in photochromic materials include potential degradation of performance over time, susceptibility to scratches, and reduced effectiveness under extreme conditions. These materials may experience fading or loss of photochromic response due to prolonged exposure to UV light or mechanical wear. Such durability concerns can limit their lifespan and effectiveness. As a result, manufacturers may face higher production costs and market hesitation, hampering the overall growth of the photochromic materials market.

Opportunity:

Expanding automotive industry

The expanding automotive industry increases the demand for advanced automotive glazing and interior components. Photochromic materials, used in self-tinting windows and sunroofs, enhance driver and passenger comfort by automatically adjusting tint to reduce glare and UV exposure. This technology improves visibility and interior temperature control, making vehicles more energy-efficient. As automotive manufacturers integrate these materials to offer enhanced features and meet regulatory standards, the demand for photochromic materials continues to rise.

Threat:

Complex manufacturing processes

Photochromic materials involve complex manufacturing processes due to the need for precise chemical formulations and the integration of photochromic agents into various substrates. These processes often require specialized equipment and controlled conditions to ensure uniform performance and durability. The complexity adds to production costs and can lead to longer manufacturing times. High production costs and potential for quality inconsistencies can hinder market growth by making photochromic materials more expensive and less accessible.

Covid-19 Impact

The covid-19 pandemic disrupted the photochromic materials market by causing delays in manufacturing and supply chain issues. Reduced demand in sectors like automotive and eyewear, along with halted research and development activities, impacted growth. However, increased interest in health and safety led to a rise in demand for photochromic materials in protective coatings and medical applications, partially offsetting the negative effects on the market.

The in-mass segment is expected to be the largest during the forecast period

The in-mass segment is estimated to have a lucrative growth. In-mass technology in photochromic materials involves embedding photochromic agents directly into the bulk of the material during manufacturing, rather than applying them as a surface coating. This approach ensures uniform colour change and enhances durability, making the materials more resilient to wear and environmental conditions. It is particularly beneficial for applications requiring long-lasting performance, such as in automotive lenses and durable eyewear.

The light control segment is expected to have the highest CAGR during the forecast period

The light control segment is anticipated to witness the highest CAGR growth during the forecast period, due to enhanced user comfort and energy efficiency. Photochromic materials help in light control by automatically adjusting their tint in response to light exposure. When exposed to UV or visible light, these materials darken to reduce glare and UV transmission. This dynamic response enhances comfort, reduces the need for artificial lighting, and improves energy efficiency in applications like windows and eyewear.

Region with largest share:

In the Asia-Pacific region, the photochromic materials market is experiencing growth driven by rising consumer demand for advanced eyewear, automotive applications, and smart windows. Rapid urbanization and increased disposable incomes are boosting the adoption of photochromic products in countries like China, Japan, and South Korea. The expansion of the automotive and construction industries, along with technological advancements, is further propelling market growth.

Region with highest CAGR:

In North America, the photochromic materials market is expanding due to increasing consumer demand for high-performance eyewear and advanced automotive solutions. Growth is driven by technological innovations, such as improved photochromic technologies and integration into smart glasses. The region's strong automotive and construction sectors also contribute to market expansion. Additionally, heightened awareness of eye protection and the demand for energy-efficient building solutions are bolstering the market.

Key players in the market

Some of the key players profiled in the Photochromic Materials Market include Corning Incorporated, Nippon Shokubai Corporation, The 3M Company, DuPont, Transitions Optical Inc., Hoya Corporation, EssilorLuxottica SA, Zeiss International, Rochling Group, JDS Uniphase Corporation, TMC Industries Inc., SABIC and Coburn Technologies.

Key Developments:

In October 2023, Coburn Technologies launched CrystalChrome(R) photochromic lens coating system for optical labs at Vision Expo West in Las Vegas. This novel lens coating technology brings an exciting dimension to Coburn's acclaimed spin coating offering and represents the first major product development collaboration with its new parent, SDC, combining Coburn's spin coating know how with SDC's coating expertise.

In December 2022, DuPont introduced the latest addition to its growing family of CYCLOTENE(TM) advanced electronics resins, a new photo-imageable dielectric (PID) dry film material that can be used in advanced semiconductor packaging applications. CYCLOTENE(TM) DF6000 PID dry film material leverages DuPont's proven expertise in the application of benzocyclobutene (BCB)-based resins to PID products.

Products Covered:

• Films
• Coatings
• Dyes
• Polymers
• Glasses & Lenses
• Other Products

Types Covered:

• Organic
• Inorganic

Materials Covered:

• Glass
• Polycarbonate
• Plastic
• Other Materials

Technologies Covered:

• In-Mass
• Imbibing & Trans-bonding
• Ultraviolet (UV)
• Other Technologies

Applications Covered:

• Eyewear
• Light Control
• Security
• Sensing
• Printed & Recorded Media
• Other Applications

End Users Covered:

• Automotive
• Construction
• Electronics
• Healthcare
• Fashion & Accessories
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Technology Analysis
• 3.8 Application Analysis
• 3.9 End User Analysis
• 3.10 Emerging Markets
• 3.11 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Photochromic Materials Market, By Product

• 5.1 Introduction
• 5.2 Films
• 5.3 Coatings
• 5.4 Dyes
• 5.5 Polymers
• 5.6 Glasses & Lenses
• 5.7 Other Products

6 Global Photochromic Materials Market, By Type

• 6.1 Introduction
• 6.2 Organic
  • 6.2.1 Spiropyrans
  • 6.2.2 Spirooxazines
  • 6.2.3 Chromenes
  • 6.2.4 Naphthopyrans
  • 6.2.5 Benzopyrans
  • 6.2.6 Diarylethenes
• 6.3 Inorganic
  • 6.3.1 Transition Metal Oxides
  • 6.3.2 Rare Earth Doped Materials

7 Global Photochromic Materials Market, By Material

• 7.1 Introduction
• 7.2 Glass
• 7.3 Polycarbonate
• 7.4 Plastic
• 7.5 Other Materials

8 Global Photochromic Materials Market, By Technology

• 8.1 Introduction
• 8.2 In-Mass
• 8.3 Imbibing & Trans-bonding
• 8.4 Ultraviolet (UV)
• 8.5 Other Technologies

9 Global Photochromic Materials Market, By Application

• 9.1 Introduction
• 9.2 Eyewear
• 9.3 Light Control
• 9.4 Security
• 9.5 Sensing
• 9.6 Printed & Recorded Media
• 9.7 Other Applications

10 Global Photochromic Materials Market, By End User

• 10.1 Introduction
• 10.2 Automotive
• 10.3 Construction
• 10.4 Electronics
• 10.5 Healthcare
• 10.6 Fashion & Accessories
• 10.7 Other End Users

11 Global Photochromic Materials Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Corning Incorporated
• 13.2 Nippon Shokubai Corporation
• 13.3 The 3M Company
• 13.4 DuPont
• 13.5 Transitions Optical Inc.
• 13.6 Hoya Corporation
• 13.7 EssilorLuxottica SA
• 13.8 Zeiss International
• 13.9 Rochling Group
• 13.10 JDS Uniphase Corporation
• 13.11 TMC Industries Inc.
• 13.12 SABIC
• 13.13 Coburn Technologies