Global Radiation Shielding Material Market 2025-2029

Radiation Shielding Material Market 2025-2029

The radiation shielding material market is forecasted to grow by USD 390.1 mn during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the radiation shielding material market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising number of diagnostic imaging and radiation therapy procedures, frequent radiation shielding product launches by companies, and increasing demand for environment-friendly shielding materials.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's radiation shielding material market is segmented as below:

By Type

• Electromagnetic radiation
• Particle radiation

By Material

• Lead shielding
• Lead composite shielding
• Copper
• Tungsten
• Others

By End-user

• Healthcare
• Manufacturing
• Construction
• Energy
• Research

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the advancements in shielding technology as one of the prime reasons driving the radiation shielding material market growth during the next few years. Also, high investment in research and development of radiation shielding materials and increasing mergers and acquisitions among market companies will lead to sizable demand in the market.

The report on the radiation shielding material market covers the following areas:

• Radiation Shielding Material Market sizing
• Radiation Shielding Material Market forecast
• Radiation Shielding Material Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading radiation shielding material market vendors that include A and L Shielding, Amray Medical, Burlington Medical, Calder Industrial Materials Ltd., Gravita India Ltd., Infab Corp., Lemer Pax, Mars Metal Co., Mayco industries Inc., NELCO, Nuclear Lead Co. Inc., Nuclear Shields, Protech Medical, Radiation Protection Products Inc., RAY BAR Engineering Corp., S S Micro Electronics Pvt. Ltd., Shree Manufacturing Co., Ultraray, Veritas Medical Solutions, and Wardray Premise Ltd.. Also, the radiation shielding material market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more