Lens Monomer Market

1. Lens Monomer Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast The global Lens Monomer market was valued at USD 1,322.5 Million in 2019 and is projected to reach USD 1,746.2 Million by 2027, expanding at a CAGR of 4.2% during the forecast period. Lens monomer are raw materials used for manufacturing lenses, spectacle lenses, and sunglasses. Manufacturers use these optical monomers for preparing safe and comfortable lenses with high clarity for clear vision. These lenses enable the use of adding external layers of coating to these lenses such as anti-glare coatings, fog resistance, UV rays protection, and anti-blue coatings. These coatings reduce the transmission of rays or light to a minimal level, thus preventing any harm to the wearer’s eyes. These lenses are easily available in optical stores, eye wear stores, malls, and ophthalmology hospitals Request Sample link :-https://growthmarketreports.com/request-sample/133 Market Trends, Drivers, Restraints, and Opportunities        In-depth Analysis of the Global Lens Monomer Market Historical, Current and Projected Market Size in terms of Value and Volume Potential & Niche Segments and Regions Exhibiting Promising Growth Covered Industry Drivers, Restraints and Opportunities Covered in the Study Recent Industry Trends and Developments Competitive Landscape & Strategies of Key Players Neutral Perspective on Global Lens Monomer Market Performance Market Segment Insights: Rising Prevalence of Myopia (Nearsightedness)

2. Myopia is considered as vision disorder which can be corrected with contact lenses and spectacles. Rising geriatric population and increasing incidence of myopia leads to the rise in usage of ophthalmic products. For instance, according to the Global Epidemiology of Myopia in 2019 the reported prevalence of myopia was expected to increase to around 4758 million (49.8% of the global population) by 2050, from approximately 1950 million cases, (28.3% of the global population) in 2019. Increasing number of myopia cases in children has increased the usage of lenses and glasses due to the rise in the usage of electronic gadgets such as laptops and smart phones Enquiry Link :-https://growthmarketreports.com/enquiry-before-buying/133 Competitive Landscape  Key players in the market include Mitsubishi Gas Chemical, MITSUI CHEMICALS AMERICA, INC., and PPG Industry Inc. These companies are considered manufacturers of Lens Monomer based on their revenue, research development (R&D) activities, regional presence, and supply chain management system. These players are adopting strategies such as acquisition and geographical expansion where the potential opportunity for the lens monomer can add to the company’s revenue. For instance, on In March 4, 2020, MITSUBISHI GAS CHEMICAL COMPANY, INC. and Taoka Chemical Co., Ltd. entered into a joint venture. Taoka Chemical Co., Ltd. sells raw material such as monomers for the optical resin polymer, Upizeta EP. This joint venture helped MITSUBISHI GAS CHEMICAL COMPANY INC. increase its products portfolio in lens monomer segment.  About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter