21-Feb-2020 | Facts and Factors
Facts and Factors has authored “Radiation Shielding Glass Market By Type (X-Ray Radiation Shielding Glass, Gamma Ray Radiation Shielding Glass, Beta Ray Radiation Shielding Glass, and Other Radiation Shielding Glass), and By Application (Medical, Nuclear, Industrial and Commercial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global radiation shielding glass market in 2019 is approximately USD 960 Million and is anticipated to reach around USD 1,200 Million by 2026. The anticipated CAGR for the radiation shielding glass market is around 3% from 2020 to 2026.
Radiation shielding glass, also known as lead glass offers shielding protection by absorbing the energy of radiation. This is due to the lead properties of high molecular weight and provides better protection in different types of radiations. Sometimes other materials are also used with lead such as barium. The radiation shielding glass can be optically clear or it may have a slight yellow tint. The shielding effect is due to the presence of a high concentration of lead and barium. The glass is manufactured in many shapes, sizes and thickness depending upon the application it is used. The thicker the glass, the higher the level of radiation shielding offered by it.
Browse the full “Radiation Shielding Glass Market By Type (X-Ray Radiation Shielding Glass, Gamma Ray Radiation Shielding Glass, Beta Ray Radiation Shielding Glass, and Other Radiation Shielding Glass), and By Application (Medical, Nuclear, Industrial and Commercial, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026" report at https://www.fnfresearch.com/radiation-shielding-glass-market-by-type-x-ray
Radiation shielding glass offers numerous advantages such as larger glass dimensions possible, non-flammable, better optical transmission and clarity, and comparatively more scratch resistance than acrylic among others. All these factors are responsible for driving the growth of the global radiation shielding glass market. In addition, improved neutron attenuation when used as shielding window for concrete walls, and designs with extremely high cumulated radiation doses without failure due to discoloration or electrostatic discharge are some other pointers which are fueling in the rise in consumption of radiation shielding glass thus, in turn, contributing to overall market growth. Maintaining the right chemical mix for clarity, durability, and transparency in the manufactured glass is quite difficult and is the reason the only a handful of players are offering a consistent quality product in the market. Whereas, increasing adoption of shielding glass in laboratories or nuclear plants is expected to drive the market growth.
The global radiation shielding glass market is classified on the basis of type and application. X-ray radiation shielding glass, gamma ray radiation shielding glass, beta ray radiation shielding glass, and other radiation shielding glass. X-ray radiation shielding glass holds a major chunk of the type segment accounting for around 40% volume share in 2019. Gamma ray radiation shielding glass captured a substantial share of the global market. The medical application category is dominating the application segment, grabbing more than 55% of volume share in 2019.
Global radiation shielding glass market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe is the leading regional segment generating a major chunk of the market revenue and is anticipated to continue the pattern during the forecast period by accounting for around 33% of the total revenue share in 2026. Major countries involved in the scope of the research report are the U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, GCC Countries, South Africa, and Argentina among others. The Asia Pacific is the fastest-growing region in terms of both revenue and sales of the global radiation shielding glass market.
Some of the major players analyzed and profiled in the market study are Schott, Raybloc, Corning, Nippon Electric Glass, Glaswerke Haller, Wolf X-Ray Corporation, MAVIG, Ray-Bar Engineering Corporation, Envirotect, Technical Glass Products Inc., and Radiation Protection Products, Inc. among others.
This report segments the Radiation Shielding Glass Market as follows:
Global Radiation Shielding Glass Market: By Type Segment Analysis
- X-Ray Radiation Shielding Glass
- Gamma Ray Radiation Shielding Glass
- Beta Ray Radiation Shielding Glass
- Other Radiation Shielding Glass
Global Radiation Shielding Glass Market: By Application Segment Analysis
- Industrial and Commercial
Global Radiation Shielding Glass Market: Regional Segment Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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