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Radiation Shielding Glass Market Size, Share Global Analysis Report, 2019 - 2026
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
Industry Insights
This professional and specialized report study examines the technical and business perspective of the radiation shielding glass industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the radiation shielding glass market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall radiation shielding glass market.
The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (K Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the radiation shielding glass market in our study.
Key Insights from Primary Research
- As per our primary respondents, the global radiation shielding glass market is set to grow annually at a rate of around 3%
- It was established through primary research that the radiation shielding glass market was valued at around USD 900Million to USD 1 Billion in 2019
- Europe is presently holding the largest revenue share and is further projected to maintain its leading position throughout the forecast period
- The “medical” category, on the basis of application segmentation, is the leading revenue-generating category accounting for around 60% share, in 2019
- Corning Inc. is expected to maintain its leading position throughout the analysis period
- On the basis of type segmentation, the “X-ray radiation shielding glass” segment held the leading volume share at around40%, in 2019
Key Recommendations from Analysts
- As per our analysts, the global radiation shielding glass market has immense potential owing to its increasing application across industry verticals over the forecast period.
- The gamma-ray radiation shielding glass segment holds a substantial share of the market during the analysis period
- Our team of analysts has identified, the agriculture, aerospace, medical, and nuclear sectors as the potential verticals offering healthy growth rates in the market
- New product launch, merger, and acquisition is one of the primary strategy followed by major players in the global marketplace
Demand Volume Share of Radiation Shielding Glass by Applications in 2019
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the radiation shielding glass market. It also encompasses PESTLE analysis and SWOT analysis.
The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the radiation shielding glass market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the radiation shielding glass market.
The research study provides a critical assessment of the radiation shielding glass industry by logically segmenting the market on the basis of Type, Application, and region. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the radiation shielding glass industry includes the holistic bifurcation of all five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Better optical transmission and clarity, and protection against X-ray and gamma radiation can be ground and polished to a custom thickness are some features of radiation shielding glass that is responsible for increasing the customer base for the market. The superior internal transmission even after extended exposure to high radiation doses is also fueling the market growth in an upward trajectory. Increasing the application of the product in the medical industry is projected to open new avenues for the market. Further, the application of radiation shielding glass in aerospace, agriculture, climate forecasting, and various other research laboratories is anticipated to attract new opportunities in the market during the forecast period.
The radiation shielding glass market is segmented based on type and application. On the basis of type segmentation, the market is divided into X-ray radiation shielding glass, gamma ray radiation shielding glass, beta-ray radiation shielding glass, and other radiation shielding glass. In terms of Application segmentation, the market is bifurcated into medical, nuclear, industrial and commercial, and others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 960 Million |
Projected Market Size in 2026 |
USD 1,200 Million |
CAGR Growth Rate |
3% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
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. |
Key Segment |
By Type, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the essential players operating in the radiation shielding glass market, but not restricted to include
- Schott
- Raybloc
- Corning
- Nippon Electric Glass
- Glaswerke Haller
- Wolf X-Ray Corporation
- MAVIG
- Ray-Bar Engineering Corporation
- Envirotect
- Technical Glass Products Inc
- Radiation Protection Products Inc
The taxonomy of the Radiation Shielding Glass Market by its scope and segmentation is as follows:
By Type Segmentation Analysis
- X-Ray Radiation Shielding Glass
- Gamma Ray Radiation Shielding Glass
- Beta Ray Radiation Shielding Glass
- Other Radiation Shielding Glass
By Application Segmentation Analysis
- Medical
- Nuclear
- Industrial and Commercial
- Others
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:
- Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
- Direct and Indirect Rationales Impacting the Industry
- In-depth and Micro Analysis of Viable Segments and Sub-segments
- Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
- Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
- Key Buyers and End-Users Analysis
- Value Chain and Manufacturing Cost Structure Analysis wherever relevant
- Key Marketing Strategies as well as Key Sales Channels adopted in the market
- Investment Opportunity Analysis & Patents Analysis wherever feasible
- Technological Road Map & Technical Analysis
- Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)
Table of Content
Industry Major Market Players
- Schott
- Raybloc
- Corning
- Nippon Electric Glass
- Glaswerke Haller
- Wolf X-Ray Corporation
- MAVIG
- Ray-Bar Engineering Corporation
- Envirotect
- Technical Glass Products Inc
- Radiation Protection Products Inc
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