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Radiation Shielding Glass Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • June 2023
  • Region: Global
  • Lucintel
  • ID: 5834652
The future of the radiation shielding glass market looks promising with opportunities in the medical, nuclear, industrial, and commercial applications. The global radiation shielding glass market is expected to reach an estimated $257.3 million by 2028 with a CAGR of 5.2% from 2023 to 2028. The major drivers for this market are a growing number of chronic disease cases and a wide usage of radiation shielding glass in diagnostic imaging centers and nuclear energy plants.

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Radiation Shielding Glass Market by Segment

The study includes trends and forecast for the global radiation shielding glass market by product type, application, and region, as follows:

Radiation Shielding Glass Market by Product Type [Value ($M) Shipment Analysis from 2017 to 2028]:

  • X-Ray
  • Gamma Ray
  • Beta Ray
  • Others

Radiation Shielding Glass Market by Application [Value ($M) Shipment Analysis from 2017 to 2028]:

  • Medical
  • Nuclear
  • Industrial
  • Commercial
  • Others

Radiation Shielding Glass Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Radiation Shielding Glass Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, radiation shielding glass companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radiation shielding glass companies profiled in this report include:
  • Schott
  • Raybloc
  • Corning
  • Nippon Electric Glass
  • Glaswerke Haller

Radiation Shielding Glass Market Insights

  • The analyst forecasts that X-ray is expected to witness the highest growth over the forecast period due to the wide usage of radiation shielding glass in X-ray area.
  • Medical is expected to remain the largest application segment due to growing research and development activities in the medical and biotechnology industries.
  • Europe is expected to witness the highest growth over the forecast period due to investments in R&D activities for radiation shielding glass for promoting more improved products and the presence of market leaders in the region.

Features of the Radiation Shielding Glass Market

  • Market Size Estimates: Radiation shielding glass market size estimation in terms of value ($M)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Radiation shielding glass market size by various segments, such as by product type, application, and region
  • Regional Analysis: Radiation shielding glass market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product types, applications, and regions for the radiation shielding glass market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the radiation shielding glass market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the radiation shielding glass market size?
Answer: The global radiation shielding glass market is expected to reach an estimated $257.3 million by 2028.

Q2. What is the growth forecast for radiation shielding glass market?
Answer: The global radiation shielding glass market is expected to grow with a CAGR of 5.2% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the radiation shielding glass market?
Answer: The major drivers for this market are a growing number of chronic disease cases and a wide usage of radiation shielding glass in diagnostic imaging centers and nuclear energy plants.

Q4. What are the major segments for radiation shielding glass market?
Answer: The future of the radiation shielding glass market looks promising with opportunities in the medical, nuclear, industrial, and commercial applications.

Q5. Who are the key radiation shielding glass companies?
Answer: Some of the key radiation shielding glass companies are as follows:
  • Schott
  • Raybloc
  • Corning
  • Nippon Electric Glass
  • Glaswerke Haller
Q6. Which radiation shielding glass segment will be the largest in future?
Answer: The analyst forecasts that X-ray is expected to witness the highest growth over the forecast period due to the wide usage of radiation shielding glass in X-ray area.

Q7. In radiation shielding glass market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness the highest growth over the forecast period due to investment in R&D activities for radiation shielding glass for promoting more improved products and the presence of market leaders in the region.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global radiation shielding glass market by product type (X-ray, gamma ray, beta ray, and others), application (medical, nuclear, industrial, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Radiation Shielding Glass Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Radiation Shielding Glass Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Radiation Shielding Glass Market by Product Type
3.3.1: X-Ray
3.3.2: Gamma Ray
3.3.3: Beta Ray
3.3.4: Others
3.4: Global Radiation Shielding Glass Market by Application
3.4.1: Medical
3.4.2: Nuclear
3.4.3: Industrial
3.4.4: Commercial
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Radiation Shielding Glass Market by Region
4.2: North American Radiation Shielding Glass Market
4.2.1: North American Radiation Shielding Glass Market by Product Type: X-Ray, Gamma Ray, Beta Ray, and Others
4.2.2: North American Radiation Shielding Glass Market by Application: Medical, Nuclear, Industrial, Commercial, and Others
4.3: European Radiation Shielding Glass Market
4.3.1: European Radiation Shielding Glass Market by Product Type: X-Ray, Gamma Ray, Beta Ray, and Others
4.3.2: European Radiation Shielding Glass Market by Application: Medical, Nuclear, Industrial, Commercial, and Others
4.4: APAC Radiation Shielding Glass Market
4.4.1: APAC Radiation Shielding Glass Market by Product Type: X-Ray, Gamma Ray, Beta Ray, and Others
4.4.2: APAC Radiation Shielding Glass Market by Application: Medical, Nuclear, Industrial, Commercial, and Others
4.5: ROW Radiation Shielding Glass Market
4.5.1: ROW Radiation Shielding Glass Market by Product Type: X-Ray, Gamma Ray, Beta Ray, and Others
4.5.2: ROW Radiation Shielding Glass Market by Application: Medical, Nuclear, Industrial, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Radiation Shielding Glass Market by Product Type
6.1.2: Growth Opportunities for the Global Radiation Shielding Glass Market by Application
6.1.3: Growth Opportunities for the Global Radiation Shielding Glass Market by Region
6.2: Emerging Trends in the Global Radiation Shielding Glass Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Radiation Shielding Glass Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Radiation Shielding Glass Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Schott
7.2: Raybloc
7.3: Corning
7.4: Nippon Electric Glass
7.5: Glaswerke Haller

Companies Mentioned

  • Schott
  • Raybloc
  • Corning
  • Nippon Electric Glass
  • Glaswerke Haller

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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