세계의 방사선 차폐 재료 시장 규모, 점유율, 성장 분석, 재료 유형별, 용도별, 형태별, 최종 사용 산업별, 지역별 - 산업 예측(2025-2032년)

Global Radiation Shielding Material Market size was valued at USD 11.6 billion in 2023 and is poised to grow from USD 12.26 billion in 2024 to USD 19.1 billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).

The global healthcare sector is experiencing significant advancements in medical imaging and radiation therapies, prompting an increased focus on patient and provider safety from radiation exposure. This has intensified the demand for radiation shielding materials, such as lead-based and lead-free options, crucial for minimizing risks to sensitive tissues. Hospitals, diagnostic imaging facilities, and cancer treatment centers are key markets for these protective solutions. Moreover, stringent regulations from bodies like the FDA and IAEA shape industry trends, compelling organizations to implement effective protective measures against radiation. The push for compliance with these regulations drives demand for certified, high-quality shielding products, leading to innovation and growth in the market as companies endeavor to meet safety standards and protect both workers and the public.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Radiation Shielding Material market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Radiation Shielding Material Market Segments Analysis

Global Radiation Shielding Material Market is segmented by Material Type, Application, Form, End Use Industry and region. Based on Material Type, the market is segmented into Lead, Concrete, Steel, Polyethylene and Bismuth. Based on Application, the market is segmented into Medical Imaging, Nuclear Medicine, Industrial Radiography, Radiation Therapy and Particle Accelerators. Based on Form, the market is segmented into Sheets, Blocks, Bricks, Panels and Castings. Based on End Use Industry, the market is segmented into Healthcare, Manufacturing, Construction, Energy and Research. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Radiation Shielding Material Market

The growth of healthcare infrastructure worldwide serves as a key catalyst for the expansion of the global radiation shielding material market. As medical facilities increasingly implement advanced imaging technologies such as CT scans and X-rays, there is a rising need for efficient radiation protection materials. This demand surge is particularly pronounced in emerging markets, where improvements in healthcare accessibility are being observed at a fast pace. Consequently, the integration of sophisticated imaging practices necessitates reliable radiation shielding solutions, further propelling market growth and investment in innovative materials designed to safeguard both patients and healthcare professionals from harmful radiation exposure.

Restraints in the Global Radiation Shielding Material Market

The Global Radiation Shielding Material market faces a significant restraint due to limited awareness and understanding in emerging markets regarding the critical role of radiation shielding materials. This gap in knowledge leads to lower adoption rates, particularly in key sectors such as healthcare and industrial radiography, where the importance of such materials is paramount. The absence of education around the associated risks and the safety benefits of radiation shielding contributes to a constrained demand for these essential products. Consequently, the growth potential in these regions is hindered until greater awareness and understanding are achieved.

Market Trends of the Global Radiation Shielding Material Market

The global radiation shielding material market is experiencing a notable shift towards eco-friendly solutions, driven by heightened health and environmental awareness. As regulatory pressures mount, industries are increasingly adopting lead-free materials, such as non-toxic composites and polymer-based shields, which align with sustainability goals. This trend not only enhances workplace safety across healthcare, nuclear, and industrial sectors but also fosters innovation and investments in green technologies. Furthermore, this movement towards sustainable shielding solutions is expected to reshape product offerings and market dynamics, positioning eco-friendly materials as a competitive advantage in a rapidly evolving landscape focused on sustainability and regulatory compliance.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Radiation Shielding Material Market Size by Material Type & CAGR (2025-2032)

• Market Overview
• Lead
• Concrete
• Steel
• Polyethylene
• Bismuth

Global Radiation Shielding Material Market Size by Application & CAGR (2025-2032)

• Market Overview
• Medical Imaging
• Nuclear Medicine
• Industrial Radiography
• Radiation Therapy
• Particle Accelerators

Global Radiation Shielding Material Market Size by Form & CAGR (2025-2032)

• Market Overview
• Sheets
• Blocks
• Bricks
• Panels
• Castings

Global Radiation Shielding Material Market Size by End Use Industry & CAGR (2025-2032)

• Market Overview
• Healthcare
• Manufacturing
• Construction
• Energy
• Research

Global Radiation Shielding Material Market Size & CAGR (2025-2032)

• North America (Material Type, Application, Form, End Use Industry)
  • US
  • Canada
• Europe (Material Type, Application, Form, End Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Material Type, Application, Form, End Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Material Type, Application, Form, End Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Material Type, Application, Form, End Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Ray-Bar Engineering Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Schneider Electric (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• MarShield Custom Radiation Shielding (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Radiation Protection Products Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kuraray Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DuPont (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nuclear Shields B.V. (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• NELCO (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Amray Medical (Ireland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Burlington Medical (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Calder Industrial Materials Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Gravita India Ltd. (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Infab Corp. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Lemer Pax (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mars Metal Co. (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mayco Industries Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Nuclear Lead Co. Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ultraray (Canada)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wardray Premise Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations