Global Optical Adhesives Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Optical adhesives refer to specialty adhesives developed for use in optical systems. These are crucial for assembling optical elements, including prisms and lenses, and essential in bonding display technologies such as LCDs, OLED displays, touchscreens, as well as medical imaging equipment.

Sizing and Forecast
The optical adhesives market size has grown strongly in recent years. It will grow from $2.02 billion in 2023 to $2.22 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%.  The  growth in the historic period can be attributed to increased incidence of optic atrophy, rise in neurological disorders, patient awareness and education, expansion of healthcare infrastructure, collaboration in neurological care..

The optical adhesives market size is expected to see strong growth in the next few years. It will grow to $3.07 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.  The growth in the forecast period can be attributed to growing aging population, personalized medicine approaches, global initiatives in rare disease management, focus on neuroprotection, patient support and advocacy.. Major trends in the forecast period include personalized treatment approaches, advancements in neuroprotection therapies, focus on regenerative therapies, integration of wearable technologies, collaborations for genetic research, teleophthalmology services..

Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/optical-adhesives-global-market-report

Segmentation & Regional Insights
The optical adhesives market covered in this report is segmented –
1) By Type: Acrylic, Silicone, Epoxy, Cyanoacrylate, Other Types
2) By Application: Optical Bonding And Assembly, Lens Bonding Cement, Fiber Optics, Other Applications
3) By End-Use: Electrical And Electronics, Automotive, Aerospace, Other End-Uses

North America was the largest region in the optical adhesives market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the optical adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13500&type=smp

Major Driver Impacting Market Growth
The expansion of the aerospace industry is expected to propel the growth of the optical adhesives market going forward. The aerospace industry refers to both public organizations and private companies dedicated to the research, technology, and production of products related to flight. Optical adhesives are used in aerospace applications for bonding lenses, prisms, mirrors, and optical fibers. These adhesives are designed to provide low strain, optical clarity, and low outgassing, which are required in military, aerospace, and fiber optics. For instance, in November 2022, according to the Aerospace Industries Association’s 2022 Facts & Figures Data, a US-based Aerospace and defense organization, in 2021, the combined sales revenue for the US Aerospace & Defense (A&D) sector reached $892 billion, marking a 2.1% growth from 2020. Furthermore, exports from the A&D industry increased by 11.2% between 2020 and 2021, amounting to $100.4 billion. Therefore, the expansion of the aerospace industry is driving the growth of the optical adhesives market.

Key Industry Players
Major companies operating in the optical adhesives market report are Dow Inc., Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGAA, Shin-Etsu Chemical Co., Ltd., SIKA AG, DIC Corporation, Nitto Denko Corporation, H.B. Fuller Company, Denka Company Limited, Momentive Performance Materials Inc., Lintec Corporation, Tesa SE, Thorlabs  Inc., LORD Corporation, Nan Pao Resins Chemical Co. Ltd., Dexerials Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA , Dymax Corporation, Epotek Inc., Parson Adhesives India Private Limited, Showa Denko Corporation, Panacol-Elosol GmbH, Atom Adhesive LLC, Hernon Manufacturing Inc., Muromachi Chemicals Inc., Permabond Engineering Adhesives Ltd., Master Bond Inc., Norland Products Inc., Mactac LLC</b

The optical adhesives market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model