| Product Code: ETC125056 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India`s optical glass import market in 2024 continued to be dominated by key suppliers such as China, Thailand, Philippines, Mexico, and Vietnam. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. Despite a notable compound annual growth rate (CAGR) of 11.48% from 2020 to 2024, the growth rate saw a slight decline of -11.06% in 2024 compared to the previous year. This suggests a potential shift in market dynamics that importers and stakeholders should closely monitor for strategic decision-making.

India is set to become one of the leading global optical glass market with increasing demand from various industries such as defense, automotive, aerospace etc. The rising popularity of advanced and sophisticated devices is driving the growth in this market. Government initiatives to promote R&D activities in the fields of optics are further augmenting the growth prospects in this sector.
Increasing investments by government and private players into research & development activities for new technologies related to optical glasses will drive the growth of this market over forecast period. Moreover growing demand for high quality optoelectronic components like lenses, mirrors, filters etc., owing to their application across multiple sectors will further propel the industry progress. Additionally technological advancements towards upgradation of multi-sensor camera systems used in security surveillance systems along with rising consumer preference for smart home solutions will create lucrative opportunities for key participants operating in this space over next seven years.
High cost associated with manufacturing process and lack of technical expertise might restrain industry expansion duringtime frame especially among small scale manufacturers who operate on limited budget allocations. Furthermore inadequate availability raw materials required for production may hamper product supply which could challenge industry profitability levels over coming years.
Major companies engaged within India Optical Glass Market include Schott AG, Hoya Corporation , Nippon Sheet Glass Co Ltd., Corning Incorporated , Carl Zeiss AG , Jenoptik AG , Rodenstock GmbH and Essilor International SA
India Optical Glass |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Optical Glass Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Optical Glass Market Revenues & Volume, 2021 & 2031F |
3.3 India Optical Glass Market - Industry Life Cycle |
3.4 India Optical Glass Market - Porter's Five Forces |
3.5 India Optical Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Optical Glass Market Revenues & Volume Share, By Supply Form, 2021 & 2031F |
3.7 India Optical Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Optical Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality optical glass in industries such as electronics, healthcare, and telecommunications. |
4.2.2 Technological advancements leading to the development of innovative optical glass products. |
4.2.3 Growing investments in research and development in the optical glass sector. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of optical glass. |
4.3.2 Intense competition from alternative materials like plastics and ceramics. |
4.3.3 Regulatory challenges related to environmental regulations and quality standards. |
5 India Optical Glass Market Trends |
6 India Optical Glass Market, By Types |
6.1 India Optical Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Optical Glass Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Optical Glass Market Revenues & Volume, By Colorless, 2021-2031F |
6.1.4 India Optical Glass Market Revenues & Volume, By Colored, 2021-2031F |
6.2 India Optical Glass Market, By Supply Form |
6.2.1 Overview and Analysis |
6.2.2 India Optical Glass Market Revenues & Volume, By Plate, 2021-2031F |
6.2.3 India Optical Glass Market Revenues & Volume, By Round Plate, 2021-2031F |
6.2.4 India Optical Glass Market Revenues & Volume, By Worked Rod, 2021-2031F |
6.2.5 India Optical Glass Market Revenues & Volume, By Prism, 2021-2031F |
6.2.6 India Optical Glass Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Optical Glass Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Optical Glass Market Revenues & Volume, By Consumer Optics, 2021-2031F |
6.3.3 India Optical Glass Market Revenues & Volume, By Astronomy, 2021-2031F |
6.3.4 India Optical Glass Market Revenues & Volume, By Industrial Equipment, 2021-2031F |
6.3.5 India Optical Glass Market Revenues & Volume, By Medical & Biotech, 2021-2031F |
6.3.6 India Optical Glass Market Revenues & Volume, By Electronics & Semiconductors, 2021-2031F |
6.3.7 India Optical Glass Market Revenues & Volume, By Others, 2021-2031F |
7 India Optical Glass Market Import-Export Trade Statistics |
7.1 India Optical Glass Market Export to Major Countries |
7.2 India Optical Glass Market Imports from Major Countries |
8 India Optical Glass Market Key Performance Indicators |
8.1 Number of patents filed for new optical glass technologies. |
8.2 Percentage of revenue allocated to RD activities in the optical glass industry. |
8.3 Adoption rate of advanced optical glass products in key end-user industries. |
9 India Optical Glass Market - Opportunity Assessment |
9.1 India Optical Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Optical Glass Market Opportunity Assessment, By Supply Form, 2021 & 2031F |
9.3 India Optical Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Optical Glass Market - Competitive Landscape |
10.1 India Optical Glass Market Revenue Share, By Companies, 2024 |
10.2 India Optical Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |