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Global Radiation Shielding Materials Market Report By Product (Ceramicrete, Plexiglas, Depleted Uranium, Tin, Antimony, Tungsten, Bismuth, Lead, Rubber, PVC, Others), By Radiation Type (Electromagnetic Radiation, Particle Radiation, Acoustic Radiation, Gravitational Radiation), By End-Use (Diagnostic Centers, Hospitals, Oncology Departments, Nuclear Energy Plants, Radiography Centers, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027
ID:VMR11213923
December 2020
Report Formats:
Global Radiation Shielding Materials Market Overview
The key driver impacting the radiation shielding materials market is the rapidly expanding usage of nuclear energy. For instance, according to the World nuclear association, Nuclear is the world's second-largest source of low-carbon power (29% of the total in 2018). More than 50 countries make use of nuclear energy in about 220 research reactors. Other than research, these reactors are majorly utilized to produce industrial and medical isotopes and electricity generation. In 2019 nuclear plants supplied 2657 TWh of electricity, raised from 2563 TWh in 2018.
In addition to this, the growing trend of using radiation therapy and nuclear medicines in treating across the globe is anticipated to increase the radiation shielding materials market demand under the forecast period. For Instance, According to the International Journal of Medical Science, around 50% of all cancer patients will receive radiation therapy during their course of illness. It is estimated that radiation therapy contributes to over 40% of curative cancer treatment and other chronic diseases.
The rise in the number of diagnostic imaging centers and increased safety awareness among people are also estimated to be a key determinant that adds growth to the market. However, the high-cost associated with radiation shielding equipment may hamper the global radiation shielding materials industry in the long run. The dearth of expertise in designing systems based on radiation shielding materials is likely to restrict the market growth. The current industry trend of strengthening regulations and improving healthcare infrastructure in emerging countries creates new market opportunities for the key players in the coming decade.
The radiation shielding materials market is vast, with a large number of local and global players. The key leaders follow various strategies to improve their market position, such as mergers, acquisitions, expansions, and improved quality products at the best prices to enhance their market share across the world. The dominating players included in the report are ETS-Lindgren, Marshield Radiation Shielding, Nelco Inc., Ray-Bar Engineering Corp., Spira Manufacturing, Sealing Devices Inc., Select Fabricators Inc., Amray Radiation Protection, Gaven Industries, Inc., A&L Shielding, and others have always been the initial targets of radiation shielding materials companies and many others.
In this market research report, the market is segmented by product, radiation type,end-user and region.
Analysis by Product:
By product, the report is categorized into ceramicrete, plexiglas, depleted uranium, tin, antimony, tungsten, bismuth, lead, rubber, PVC, and others. A Lead is considered the most common choice for use in produce radiation shielding products. It can be fabricated into different product forms such as lead glass, lead bricks, and lead wools to provide radiation shielding and protection, leading to its more adoption and driving the product segment of the radiation shielding materials market during the forecast period.
Analysis by Radiation Type:
By type, the report is categorized into electromagnetic radiation, particle radiation, acoustic radiation, and gravitational radiation. The electromagnetic radiation include microwaves, radio waves, infrared, ultraviolet, visible light, x-rays, and gamma radiation. Electromagnetic radiation is utilized in various medical and industrial applications, driving the type segment of the radiation shielding materials market in the coming years.
Analysis by End-User
By end-user, the report is categorized into hospitals, diagnostic centers, nuclear energy plants, oncology departments, radiography centers, and others. Oncology departments and diagnostic centers use radiation therapies and nuclear medicine to treat expanding cancer patient populations across the globe. The technological advancements, the growing trend in health care spending, and the rising adoption rate of medical diagnostic equipment are key factors driving the end-user segment of the radiation shielding materials market in the forecast period.
Analysis by Region
In the regional outlook of the global radiation shielding materials market. North America and Europe region dominate with a market share of 60% together in terms of revenue. It is due to rising funding’s for the research and development in the field of nuclear medicine and the rising prevalence of cancer and other chronic diseases across the U.S. and other regions of North America. APAC market is anticipated to record considerable growth during the forecast period due to the significant research activities supported by the region's government. Moreover, the increase in radiation therapy adoption, a growing number of hospitals, and a rise in awareness about radiation safety in countries such as China and India are also contributing to the growth of the radiation shielding materials market in APAC.
Market Segmentation covered in the Report:
By Product
By Radiation Type
By End-User
By Region
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
The key driver impacting the radiation shielding materials market is the rapidly expanding usage of nuclear energy. For instance, according to the World nuclear association, Nuclear is the world's second-largest source of low-carbon power (29% of the total in 2018). More than 50 countries make use of nuclear energy in about 220 research reactors. Other than research, these reactors are majorly utilized to produce industrial and medical isotopes and electricity generation. In 2019 nuclear plants supplied 2657 TWh of electricity, raised from 2563 TWh in 2018.
According to Value Market Research, the global radiation shielding materials market was valued close to USD 965 million in 2019 and is estimated to grow at a CAGR of about 6.81% during the forecast year of 2020-2026.
In addition to this, the growing trend of using radiation therapy and nuclear medicines in treating across the globe is anticipated to increase the radiation shielding materials market demand under the forecast period. For Instance, According to the International Journal of Medical Science, around 50% of all cancer patients will receive radiation therapy during their course of illness. It is estimated that radiation therapy contributes to over 40% of curative cancer treatment and other chronic diseases.
The rise in the number of diagnostic imaging centers and increased safety awareness among people are also estimated to be a key determinant that adds growth to the market. However, the high-cost associated with radiation shielding equipment may hamper the global radiation shielding materials industry in the long run. The dearth of expertise in designing systems based on radiation shielding materials is likely to restrict the market growth. The current industry trend of strengthening regulations and improving healthcare infrastructure in emerging countries creates new market opportunities for the key players in the coming decade.
The radiation shielding materials market is vast, with a large number of local and global players. The key leaders follow various strategies to improve their market position, such as mergers, acquisitions, expansions, and improved quality products at the best prices to enhance their market share across the world. The dominating players included in the report are ETS-Lindgren, Marshield Radiation Shielding, Nelco Inc., Ray-Bar Engineering Corp., Spira Manufacturing, Sealing Devices Inc., Select Fabricators Inc., Amray Radiation Protection, Gaven Industries, Inc., A&L Shielding, and others have always been the initial targets of radiation shielding materials companies and many others.
In this market research report, the market is segmented by product, radiation type,end-user and region.
Analysis by Product:
By product, the report is categorized into ceramicrete, plexiglas, depleted uranium, tin, antimony, tungsten, bismuth, lead, rubber, PVC, and others. A Lead is considered the most common choice for use in produce radiation shielding products. It can be fabricated into different product forms such as lead glass, lead bricks, and lead wools to provide radiation shielding and protection, leading to its more adoption and driving the product segment of the radiation shielding materials market during the forecast period.
Analysis by Radiation Type:
By type, the report is categorized into electromagnetic radiation, particle radiation, acoustic radiation, and gravitational radiation. The electromagnetic radiation include microwaves, radio waves, infrared, ultraviolet, visible light, x-rays, and gamma radiation. Electromagnetic radiation is utilized in various medical and industrial applications, driving the type segment of the radiation shielding materials market in the coming years.
Analysis by End-User
By end-user, the report is categorized into hospitals, diagnostic centers, nuclear energy plants, oncology departments, radiography centers, and others. Oncology departments and diagnostic centers use radiation therapies and nuclear medicine to treat expanding cancer patient populations across the globe. The technological advancements, the growing trend in health care spending, and the rising adoption rate of medical diagnostic equipment are key factors driving the end-user segment of the radiation shielding materials market in the forecast period.
Analysis by Region
In the regional outlook of the global radiation shielding materials market. North America and Europe region dominate with a market share of 60% together in terms of revenue. It is due to rising funding’s for the research and development in the field of nuclear medicine and the rising prevalence of cancer and other chronic diseases across the U.S. and other regions of North America. APAC market is anticipated to record considerable growth during the forecast period due to the significant research activities supported by the region's government. Moreover, the increase in radiation therapy adoption, a growing number of hospitals, and a rise in awareness about radiation safety in countries such as China and India are also contributing to the growth of the radiation shielding materials market in APAC.
Market Segmentation covered in the Report:
By Product
- Ceramicrete
- Plexiglas
- Depleted Uranium
- Tin
- Antimony
- Tungsten
- Bismuth
- Lead
- Rubber
- PVC
- Others
By Radiation Type
- Electromagnetic Radiation
- Particle Radiation
- Acoustic Radiation
- Gravitational Radiation
By End-User
- Diagnostic Centers
- Hospitals
- Oncology Departments
- Nuclear Energy Plants
- Radiography Centers
- Others
By Region
- North America
- Europe
- the Asia Pacific
- Latin America
- The Middle East and Africa
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
TABLE OF CONTENTS
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . RADIATION SHIELDING MATERIALS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Product
3.7.2 By Radiation Type
3.7.3 By End-Use
3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL RADIATION SHIELDING MATERIALS MARKET ANALYSIS BY PRODUCT
6.1 Overview by Product
6.2 Historical and Forecast Data
6.3 Analysis by Product
6.4 Ceramicrete Market by Regions
6.6 Plexiglas Market by Regions
6.5 Depleted Uranium Market by Regions
6.7 Tin Market by Regions
6.8 Antimony Market by Regions
6.9 Tungsten Market by Regions
6.10. Bismuth Market by Regions
6.11 Lead Market by Regions
6.12 Rubber Market by Regions
6.13 PVC Market by Regions
6.14 Others Market by Regions
7 . GLOBAL RADIATION SHIELDING MATERIALS MARKET ANALYSIS BY RADIATION TYPE
7.1 Overview by Radiation Type
7.2 Historical and Forecast Data
7.3 Analysis by Radiation Type
7.4 Electromagnetic Radiation Market by Regions
7.5 Particle Radiation Market by Regions
7.6 Acoustic Radiation Market by Regions
7.7 Gravitational Radiation Market by Regions
8 . GLOBAL RADIATION SHIELDING MATERIALS MARKET ANALYSIS BY END-USE
8.1 Overview by End-Use
8.2 Historical and Forecast Data
8.3 Analysis by End-Use
8.4 Diagnostic Centers Market by Regions
8.5 Hospitals Market by Regions
8.6 Oncology Departments Market by Regions
8.7 Nuclear Energy Plants Market by Regions
8.8 Radiography Centers Market by Regions
8.9 Others Market by Regions
9 . GLOBAL RADIATION SHIELDING MATERIALS MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America
9.3.1. Overview, Historic and Forecast Data
9.3.2. North America By Segment
9.3.3. North America By Country
9.3.4. United State
9.3.5. Canada
9.3.6. Mexico
9.4. Europe
9.4.1. Overview, Historic and Forecast Data
9.4.2. Europe by Segment
9.4.3. Europe by Country
9.4.4. United Kingdom
9.4.5. France
9.4.6. Germany
9.4.7. Italy
9.4.8. Russia
9.4.9. Rest Of Europe
9.5. Asia Pacific
9.5.1. Overview, Historic and Forecast Data
9.5.2. Asia Pacific by Segment
9.5.3. Asia Pacific by Country
9.5.4. China
9.5.5. India
9.5.6. Japan
9.5.7. South Korea
9.5.8. Australia
9.5.9. Rest Of Asia Pacific
9.6. Latin America
9.6.1. Overview, Historic and Forecast Data
9.6.2. Latin America by Segment
9.6.3. Latin America by Country
9.6.4. Brazil
9.6.5. Argentina
9.6.6. Peru
9.6.7. Chile
9.6.8. Rest of Latin America
9.7. Middle East & Africa
9.7.1. Overview, Historic and Forecast Data
9.7.2. Middle East & Africa by Segment
9.7.3. Middle East & Africa by Country
9.7.4. Saudi Arabia
9.7.5. UAE
9.7.6. Israel
9.7.7. South Africa
9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE RADIATION SHIELDING MATERIALS COMPANIES
10.1. Radiation Shielding Materials Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF RADIATION SHIELDING MATERIALS INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. ETS-Lindgren
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products
11.3.4. Recent Developments
11.4. Marshield Radiation Shielding
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products
11.4.4. Recent Developments
11.5. Nelco Inc.
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products
11.5.4. Recent Developments
11.6. Ray-Bar Engineering Corp.
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products
11.6.4. Recent Developments
11.7. Spira Manufacturing
11.7.1. Company Overview
11.7.2. Financials
11.7.3. Products
11.7.4. Recent Developments
11.8. Sealing Devices Inc.
11.8.1. Company Overview
11.8.2. Financials
11.8.3. Products
11.8.4. Recent Developments
11.9. Select Fabricators Inc.
11.9.1. Company Overview
11.9.2. Financials
11.9.3. Products
11.9.4. Recent Developments
11.10. Amray Radiation Protection
11.10.1. Company Overview
11.10.2. Financials
11.10.3. Products
11.10.4. Recent Developments
11.11. Gaven Industries, Inc.
11.11.1. Company Overview
11.11.2. Financials
11.11.3. Products
11.11.4. Recent Developments
11.12. A&L Shielding
11.12.1. Company Overview
11.12.2. Financials
11.12.3. Products
11.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Product (USD MN)
- Ceramicrete Market by Geography (USD MN)
- Plexiglas Market by Geography (USD MN)
- Depleted Uranium Market by Geography (USD MN)
- Tin Market by Geography (USD MN)
- Antimony Market by Geography (USD MN)
- Tungsten Market by Geography (USD MN)
- Bismuth Market by Geography (USD MN)
- Lead Market by Geography (USD MN)
- Rubber Market by Geography (USD MN)
- PVC Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Analysis Market by Radiation Type (USD MN)
- Electromagnetic Radiation Market by Geography (USD MN)
- Particle Radiation Market by Geography (USD MN)
- Acoustic Radiation Market by Geography (USD MN)
- Gravitational Radiation Market by Geography (USD MN)
- Analysis by End-Use (USD MN)
- Diagnostic Centers Market by Geography (USD MN)
- Hospitals Market by Geography (USD MN)
- Oncology Departments Market by Geography (USD MN)
- Nuclear Energy Plants Market by Geography (USD MN)
- Radiography Centers Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Radiation Shielding Materials Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Radiation Shielding Materials Report
- Market Research Process
- Market Research Methodology
- Global Radiation Shielding Materials Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Product
- Market Attractiveness Analysis by Radiation Type
- Market Attractiveness Analysis by End-Use
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Product (USD MN)
- Ceramicrete Market by Geography (USD MN)
- Plexiglas Market by Geography (USD MN)
- Depleted Uranium Market by Geography (USD MN)
- Tin Market by Geography (USD MN)
- Antimony Market by Geography (USD MN)
- Tungsten Market by Geography (USD MN)
- Bismuth Market by Geography (USD MN)
- Lead Market by Geography (USD MN)
- Rubber Market by Geography (USD MN)
- PVC Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market Analysis by Radiation Type (USD MN)
- Electromagnetic Radiation Market by Geography (USD MN)
- Particle Radiation Market by Geography (USD MN)
- Acoustic Radiation Market by Geography (USD MN)
- Gravitational Radiation Market by Geography (USD MN)
- Global Market Analysis by End-Use (USD MN)
- Diagnostic Centers Market by Geography (USD MN)
- Hospitals Market by Geography (USD MN)
- Oncology Departments Market by Geography (USD MN)
- Nuclear Energy Plants Market by Geography (USD MN)
- Radiography Centers Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments