Optical Elastic Resin (SVR) Market Is Expanding At A CAGR Of 6.7% by 2033
The Optical Elastic Resin (SVR) market is experiencing significant growth, driven by its expanding applications in the optical industry, particularly in the production of eyewear lenses. Optical elastic resins, often referred to as SVR (Silicone Hydrogel Elastomer), represent a class of materials known for their flexibility, comfort, and high oxygen permeability. These properties make SVR […]
Global Optical Elastic Resin Market Is Valued at US$ 1.4 Billion In 2023
The global optical elastic resin (SVR) market is valued at US$ 1.4 billion in 2023 and is forecasted to reach US$ 2.7 billion by 2033, expanding at a CAGR of 6.7% over the next ten years. Optical elastic resin, also known as a silicone-based optical elastomer or simply SVR, is a type of transparent polymer material that has a unique combination […]
Optical Elastic Resins Market Is Expanding At A CAGR Of 6.7% by 2033
By the end of 2033, the market for optical elastic resin (SVR) is anticipated to have grown at a compound annual growth rate (CAGR) of 6.7%. Optically elastic resin is a specific type of polymer that may change its refractive index in reaction to external force. It can be used in optical waveguide applications where […]