Market Overview:
The global radiation shielding products market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for radiation shielding products in medical and industrial applications. In addition, the growing awareness about the harmful effects of radiation exposure is also propelling the demand for radiation shielding products. Based on type, the global radiation shielding products market can be segmented into glass, brick, and others. Glass-based radiation shields are extensively used in medical applications as they are transparent and allow transmission of light. They are also non-toxic and non-reactive which makes them ideal for use in medical settings. Brick-based shields are mainly used in industrial applications as they offer high protection against gamma rays and X-rays. Others include materials such as lead, concrete, steel, etc.
Product Definition:
A radiation shielding product is a material that is used to protect people and equipment from the harmful effects of radiation. These products are important because they can help to keep people safe from the dangers of radiation exposure.
Glass:
Glass is a transparent material, which can be used in the fabrication of radiation shielding products. It has a wide range of applications such as optical fibers, windows, and tanks for nuclear waste storage. The demand for glass in radiation shielding products is expected to witness growth over the forecast period owing to its properties such as low weight; high strength; recyclability; non-corrosive nature and availability at low cost compared to other materials including plastics & ceramics.
Brick:
Brick or baked clay is a low-density material, which has high thermal stability and mechanical strength. It is made from fine-grained materials such as sand, clay, and silt. Brick can be used in radiation shielding products on account of its properties such as low thermal conductivity and high compressive strength.
Application Insights:
The industry application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from various industries, such as oil & gas, defense, aerospace & defense. Shielding products are used in medical applications as they prevent exposure to high doses of radiation that may lead to patient contamination.
Radiation shielding products are used by healthcare professionals and patients for protection against X-ray beams during diagnostic procedures or treatments with linear accelerators or machines that emit ionizing radiation. Increasing use of these products by healthcare professionals coupled with growing concerns regarding patient safety is expected drive the market growth over the forecast period. Industry applications include usage in laboratories, hospitals and other similar institutions where highly skilled personnel perform complex experiments using radioactive materials for research purposes or produce x-ray images for patients suffering from cancerous tumors who require treatment with linear accelerators or machines that emit ionizing radiation therapy at a hospital level (intensifier).
Regional Analysis:
North America is expected to dominate the global radiation shielding products market over the forecast period. The presence of stringent regulatory bodies, such as OSHA, which has laid down regulations for exposure to ionizing radiation in the workplace is one of the major factors contributing toward regional growth. In addition, growing awareness among people about health risks associated with various work environments will drive demand further.
Asia Pacific is anticipated to witness significant growth over a CAGR exceeding 7% from 2018 to 2030 owing to increasing investments in defense sector by countries like China and India coupled with rising threat posed by terrorism across this region will drive demand for radiation shielding products in Asia Pacific Radiation Shielding Products Market by Application (Medical, Industry).
Growth Factors:
- Increasing demand for radiation shielding products from the medical industry to protect patients and staff from harmful radiation exposure.
- Growing demand for radiation shielding products in the nuclear power industry to protect workers and the public from radioactive contamination.
- Rising awareness of the health risks associated with exposure to ionizing radiation, which is driving demand for radiation shielding products in consumer electronics and other industries.
- The increasing use of radiotherapy as a cancer treatment modality is boosting demand for radiation shielding products in the medical field.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiation Shielding Products Market Research Report
By Type
Glass, Brick, Others
By Application
Medical, Industry, Others
By Companies
Corning, Nippon Electric Glass, SCHOTT, Ray-Bar Engineering Corporation, Radiation Protection Products, Mayco Industries, MAVIG, Stralskydd Radiation Shielding, Raybloc, Haerens, Corning, A&L Shielding, AnLan, Shenwang Radiation Protective Equipment, PLATEC Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Radiation Shielding Products Market Report Segments:
The global Radiation Shielding Products market is segmented on the basis of:
Types
Glass, Brick, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corning
- Nippon Electric Glass
- SCHOTT
- Ray-Bar Engineering Corporation
- Radiation Protection Products
- Mayco Industries
- MAVIG
- Stralskydd Radiation Shielding
- Raybloc
- Haerens
- Corning
- A&L Shielding
- AnLan
- Shenwang Radiation Protective Equipment
- PLATEC Group
Highlights of The Radiation Shielding Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Brick
- Others
- By Application:
- Medical
- Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radiation Shielding Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Radiation shielding products are designed to protect people from the harmful effects of radiation. These products can be used in a variety of settings, including hospitals, nuclear power plants, and research laboratories. Radiation shielding products can help protect people from the radiation that is emitted by these sources.
Some of the major players in the radiation shielding products market are Corning, Nippon Electric Glass, SCHOTT, Ray-Bar Engineering Corporation, Radiation Protection Products, Mayco Industries, MAVIG, Stralskydd Radiation Shielding, Raybloc, Haerens, Corning, A&L Shielding, AnLan, Shenwang Radiation Protective Equipment, PLATEC Group.
The radiation shielding products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radiation Shielding Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Radiation Shielding Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radiation Shielding Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Radiation Shielding Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Radiation Shielding Products Market Size & Forecast, 2018-2028
4.5.1 Radiation Shielding Products Market Size and Y-o-Y Growth
4.5.2 Radiation Shielding Products Market Absolute $ Opportunity
Chapter 5 Global Radiation Shielding Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Radiation Shielding Products Market Size Forecast by Type
5.2.1 Glass
5.2.2 Brick
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radiation Shielding Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Radiation Shielding Products Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiation Shielding Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radiation Shielding Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Radiation Shielding Products Analysis and Forecast
9.1 Introduction
9.2 North America Radiation Shielding Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Radiation Shielding Products Market Size Forecast by Type
9.6.1 Glass
9.6.2 Brick
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Radiation Shielding Products Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Radiation Shielding Products Analysis and Forecast
10.1 Introduction
10.2 Europe Radiation Shielding Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Radiation Shielding Products Market Size Forecast by Type
10.6.1 Glass
10.6.2 Brick
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Radiation Shielding Products Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Radiation Shielding Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radiation Shielding Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Radiation Shielding Products Market Size Forecast by Type
11.6.1 Glass
11.6.2 Brick
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Radiation Shielding Products Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Radiation Shielding Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Radiation Shielding Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Radiation Shielding Products Market Size Forecast by Type
12.6.1 Glass
12.6.2 Brick
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Radiation Shielding Products Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Radiation Shielding Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radiation Shielding Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Radiation Shielding Products Market Size Forecast by Type
13.6.1 Glass
13.6.2 Brick
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Radiation Shielding Products Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radiation Shielding Products Market: Competitive Dashboard
14.2 Global Radiation Shielding Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning
14.3.2 Nippon Electric Glass
14.3.3 SCHOTT
14.3.4 Ray-Bar Engineering Corporation
14.3.5 Radiation Protection Products
14.3.6 Mayco Industries
14.3.7 MAVIG
14.3.8 Stralskydd Radiation Shielding
14.3.9 Raybloc
14.3.10 Haerens
14.3.11 Corning
14.3.12 A&L Shielding
14.3.13 AnLan
14.3.14 Shenwang Radiation Protective Equipment
14.3.15 PLATEC Group
