Global Radiation Shielding Material Market 2025-2029

Description

List of Tables

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.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	6.8%
CAGR	7.4%
Incremental Value	$390.1 mn

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.

Product Code: IRTNTR77175

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Material
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Radiation Shielding Material Market 2019 - 2023
- Historic Market Size - Data Table on Global Radiation Shielding Material Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 Material segment analysis 2019 - 2023
- Historic Market Size - Material Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.5 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.6 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on global radiation shielding material market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Type

8.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
8.3 Electromagnetic radiation - Market size and forecast 2024-2029
- Chart on Electromagnetic radiation - Market size and forecast 2024-2029 ($ million)
- Data Table on Electromagnetic radiation - Market size and forecast 2024-2029 ($ million)
- Chart on Electromagnetic radiation - Year-over-year growth 2024-2029 (%)
- Data Table on Electromagnetic radiation - Year-over-year growth 2024-2029 (%)
8.4 Particle radiation - Market size and forecast 2024-2029
- Chart on Particle radiation - Market size and forecast 2024-2029 ($ million)
- Data Table on Particle radiation - Market size and forecast 2024-2029 ($ million)
- Chart on Particle radiation - Year-over-year growth 2024-2029 (%)
- Data Table on Particle radiation - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

9 Market Segmentation by Material

9.1 Market segments
- Chart on Material - Market share 2024-2029 (%)
- Data Table on Material - Market share 2024-2029 (%)
9.2 Comparison by Material
- Chart on Comparison by Material
- Data Table on Comparison by Material
9.3 Lead shielding - Market size and forecast 2024-2029
- Chart on Lead shielding - Market size and forecast 2024-2029 ($ million)
- Data Table on Lead shielding - Market size and forecast 2024-2029 ($ million)
- Chart on Lead shielding - Year-over-year growth 2024-2029 (%)
- Data Table on Lead shielding - Year-over-year growth 2024-2029 (%)
9.4 Lead composite shielding - Market size and forecast 2024-2029
- Chart on Lead composite shielding - Market size and forecast 2024-2029 ($ million)
- Data Table on Lead composite shielding - Market size and forecast 2024-2029 ($ million)
- Chart on Lead composite shielding - Year-over-year growth 2024-2029 (%)
- Data Table on Lead composite shielding - Year-over-year growth 2024-2029 (%)
9.5 Copper - Market size and forecast 2024-2029
- Chart on Copper - Market size and forecast 2024-2029 ($ million)
- Data Table on Copper - Market size and forecast 2024-2029 ($ million)
- Chart on Copper - Year-over-year growth 2024-2029 (%)
- Data Table on Copper - Year-over-year growth 2024-2029 (%)
9.6 Tungsten - Market size and forecast 2024-2029
- Chart on Tungsten - Market size and forecast 2024-2029 ($ million)
- Data Table on Tungsten - Market size and forecast 2024-2029 ($ million)
- Chart on Tungsten - Year-over-year growth 2024-2029 (%)
- Data Table on Tungsten - Year-over-year growth 2024-2029 (%)
9.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.8 Market opportunity by Material
- Market opportunity by Material ($ million)
- Data Table on Market opportunity by Material ($ million)

10 Market Segmentation by End-user

10.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
10.3 Healthcare - Market size and forecast 2024-2029
- Chart on Healthcare - Market size and forecast 2024-2029 ($ million)
- Data Table on Healthcare - Market size and forecast 2024-2029 ($ million)
- Chart on Healthcare - Year-over-year growth 2024-2029 (%)
- Data Table on Healthcare - Year-over-year growth 2024-2029 (%)
10.4 Manufacturing - Market size and forecast 2024-2029
- Chart on Manufacturing - Market size and forecast 2024-2029 ($ million)
- Data Table on Manufacturing - Market size and forecast 2024-2029 ($ million)
- Chart on Manufacturing - Year-over-year growth 2024-2029 (%)
- Data Table on Manufacturing - Year-over-year growth 2024-2029 (%)
10.5 Construction - Market size and forecast 2024-2029
- Chart on Construction - Market size and forecast 2024-2029 ($ million)
- Data Table on Construction - Market size and forecast 2024-2029 ($ million)
- Chart on Construction - Year-over-year growth 2024-2029 (%)
- Data Table on Construction - Year-over-year growth 2024-2029 (%)
10.6 Energy - Market size and forecast 2024-2029
- Chart on Energy - Market size and forecast 2024-2029 ($ million)
- Data Table on Energy - Market size and forecast 2024-2029 ($ million)
- Chart on Energy - Year-over-year growth 2024-2029 (%)
- Data Table on Energy - Year-over-year growth 2024-2029 (%)
10.7 Research - Market size and forecast 2024-2029
- Chart on Research - Market size and forecast 2024-2029 ($ million)
- Data Table on Research - Market size and forecast 2024-2029 ($ million)
- Chart on Research - Year-over-year growth 2024-2029 (%)
- Data Table on Research - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2024-2029 (%)
- Data Table on Market share By Geographical Landscape 2024-2029 (%)
12.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
12.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
12.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
12.5 Asia - Market size and forecast 2024-2029
- Chart on Asia - Market size and forecast 2024-2029 ($ million)
- Data Table on Asia - Market size and forecast 2024-2029 ($ million)
- Chart on Asia - Year-over-year growth 2024-2029 (%)
- Data Table on Asia - Year-over-year growth 2024-2029 (%)
12.6 Rest of World (ROW) - Market size and forecast 2024-2029
- Chart on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2024-2029 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2024-2029 (%)
12.7 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
12.8 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
12.9 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
12.10 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
12.11 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
12.12 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
12.13 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
12.14 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
12.15 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
12.16 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
12.17 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

13 Drivers, Challenges, and Opportunity/Restraints

13.1 Market drivers
13.2 Market challenges
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
13.4 Market opportunities/restraints

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 Burlington Medical
- Burlington Medical - Overview
- Burlington Medical - Product / Service
- Burlington Medical - Key offerings
- SWOT
15.5 Infab Corp.
- Infab Corp. - Overview
- Infab Corp. - Product / Service
- Infab Corp. - Key offerings
- SWOT
15.6 Lemer Pax
- Lemer Pax - Overview
- Lemer Pax - Product / Service
- Lemer Pax - Key offerings
- SWOT
15.7 Mars Metal Co.
- Mars Metal Co. - Overview
- Mars Metal Co. - Product / Service
- Mars Metal Co. - Key offerings
- SWOT
15.8 Mayco industries Inc.
- Mayco industries Inc. - Overview
- Mayco industries Inc. - Product / Service
- Mayco industries Inc. - Key offerings
- SWOT
15.9 NELCO
- NELCO - Overview
- NELCO - Product / Service
- NELCO - Key offerings
- SWOT
15.10 Nuclear Lead Co. Inc.
- Nuclear Lead Co. Inc. - Overview
- Nuclear Lead Co. Inc. - Product / Service
- Nuclear Lead Co. Inc. - Key offerings
- SWOT
15.11 Nuclear Shields
- Nuclear Shields - Overview
- Nuclear Shields - Product / Service
- Nuclear Shields - Key offerings
- SWOT
15.12 Radiation Protection Products Inc.
- Radiation Protection Products Inc. - Overview
- Radiation Protection Products Inc. - Product / Service
- Radiation Protection Products Inc. - Key offerings
- SWOT
15.13 RAY BAR Engineering Corp.
- RAY BAR Engineering Corp. - Overview
- RAY BAR Engineering Corp. - Product / Service
- RAY BAR Engineering Corp. - Key offerings
- SWOT
15.14 S S Micro Electronics Pvt. Ltd.
- S S Micro Electronics Pvt. Ltd. - Overview
- S S Micro Electronics Pvt. Ltd. - Product / Service
- S S Micro Electronics Pvt. Ltd. - Key offerings
- SWOT
15.15 Shree Manufacturing Co.
- Shree Manufacturing Co. - Overview
- Shree Manufacturing Co. - Product / Service
- Shree Manufacturing Co. - Key offerings
- SWOT
15.16 Ultraray
- Ultraray - Overview
- Ultraray - Product / Service
- Ultraray - Key offerings
- SWOT
15.17 Veritas Medical Solutions
- Veritas Medical Solutions - Overview
- Veritas Medical Solutions - Product / Service
- Veritas Medical Solutions - Key offerings
- SWOT
15.18 Wardray Premise Ltd.
- Wardray Premise Ltd. - Overview
- Wardray Premise Ltd. - Product / Service
- Wardray Premise Ltd. - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations