세계의 방사선 차폐 재료 시장 예측 : 재료별, 형태별, 용도별, 최종 사용자별, 지역별 세계 분석(-2032년)

According to Stratistics MRC, the Global Radiation Shielding Material Market is accounted for $838.2 million in 2025 and is expected to reach $1408.8 million by 2032 growing at a CAGR of 7.7% during the forecast period. Radiation shielding materials are specialized substances engineered to attenuate or block harmful ionizing and non-ionizing radiation, safeguarding people, equipment, and environments. They are designed with high-density or radiation-absorbing properties, enabling them to reduce exposure levels effectively. They are used in medical, industrial, nuclear, and aerospace applications. These materials include lead, concrete, composites, and advanced polymers, each selected based on specific requirements of radiation protection.

Market Dynamics:

Driver:

Rising nuclear power generation capacity

As global energy demands grow and nations increasingly invest in nuclear power for cleaner energy solutions, the need for effective radiation shielding becomes paramount. Expanding nuclear infrastructure, including new reactors and decommissioning projects, requires advanced shielding materials to ensure safety and regulatory compliance. Moreover, innovations in nuclear technology, such as small modular reactors and fusion research, drive demand for sophisticated shielding, contributing substantially to market growth by enhancing protection standards across the industry.

Restraint:

High cost of certain shielding materials

Advanced materials like tungsten, bismuth, and other lead-free composites, while environmentally safer and often more effective, incur significantly higher production and procurement costs. This expense is particularly a barrier for smaller healthcare facilities and nuclear plants with constrained budgets. Additionally, the complexity of raw material availability and supply chain disruptions exacerbates costs. Moreover, stringent regulations on the handling, use, and disposal of shielding materials add financial and operational burdens, limiting widespread adoption despite the material benefits.

Opportunity:

Increasing space exploration activities

With governments and private entities intensifying missions to the Moon, Mars, and beyond, demand for radiation protection in spacecraft and astronaut equipment escalates. These environments require advanced, lightweight shielding solutions to mitigate cosmic radiation exposure effectively. Additionally, technological advancements in material science allow for innovative composites tailored for aerospace applications. Growing investments in space defense and satellite technologies further enhance the market potential, positioning radiation shielding as a critical component in securing human and equipment safety in extraterrestrial settings.

Threat:

Recycling and disposal of hazardous materials

Many traditional shielding materials, particularly lead-based types, pose environmental and health risks during disposal and recycling processes. The toxic nature of these materials demands stringent handling protocols, increasing operational costs and regulatory scrutiny. Additionally, improper disposal can lead to contamination, negatively affecting public health and causing legal liabilities. Moreover, the growing environmental regulations worldwide pressure manufacturers and users to find safer alternatives or develop effective recycling technologies, challenging existing market practices and potentially hindering overall growth.

Covid-19 Impact:

The Covid-19 pandemic disrupted global supply chains, affecting the production and delivery of radiation shielding materials across various sectors. Healthcare facilities prioritized urgent pandemic responses, delaying elective procedures and slowing demand for diagnostic imaging and related shielding products. Additionally, workforce limitations and logistical constraints led to manufacturing delays. However, the pandemic underscored the importance of healthcare safety, eventually accelerating investments in advanced protective equipment, including radiation shielding. Moreover, the crisis fostered innovation adoption, with industry players enhancing material solutions to meet evolving healthcare demands, positively impacting long-term market dynamics.

The medical sector segment is expected to be the largest during the forecast period

The medical sector segment is expected to account for the largest market share during the forecast period, driven by the increasing prevalence of chronic diseases, particularly cancer, necessitating advanced diagnostic and therapeutic imaging procedures that require robust radiation protection. The expansion of healthcare infrastructure, rising healthcare expenditure, and stringent regulations for radiation safety fuel demand. Moreover, advancements in imaging technologies such as CT, MRI, and PET scans increase radiation exposure concerns, promoting greater adoption of effective shielding materials.

The sheets and panels segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the sheets and panels segment is predicted to witness the highest growth rate. These products offer versatile, efficient, and easy-to-install radiation protection solutions across diverse applications, including healthcare, nuclear energy, and aerospace. Innovation in lightweight, lead-free composites enhances their appeal by combining efficacy with environmental sustainability and compliance with stringent safety standards. Moreover, their adaptability to various structural and portable shielding needs positions them as preferred choices, driving strong market demand.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share. This is attributed to the region's advanced healthcare infrastructure, substantial investment in nuclear energy, and leading aerospace and defense industries. North America benefits from stringent radiation safety regulations and a strong presence of key market players fostering continuous innovation. Moreover, extensive diagnostic imaging procedures and a high number of operational nuclear reactors drive demand for effective shielding materials. The region's evolving environmental sustainability focus further accelerates the adoption of eco-friendly shielding solutions, consolidating its market leadership.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. Rapid industrialization, urbanization, and expansion of healthcare infrastructure in countries such as China, India, Japan, and South Korea fuel market growth. Additionally, increasing nuclear power projects and investments in aerospace and defense sectors further contribute to demand. Rising government initiatives to improve radiation safety standards and growing awareness about radiation hazards enhance market potential. The region's expanding cancer treatment facilities and diagnostic centers additionally drive the uptake of advanced shielding materials, placing Asia Pacific as the fastest-growing regional market.

Key players in the market

Some of the key players in Radiation Shielding Material Market include Infab Corporation, Burlington Medical, Nelco Worldwide (NELCO), MarShield, Ray-Bar Engineering Corp, Nuclear Shields B.V., ETS-Lindgren, Amray Group, Gaven Industries, Radiation Protection Products, Inc., Veritas Medical Solutions LLC, A&L Shielding, Calder, Gravita India Ltd., Mirion Technologies, Inc., AMETEK, Inc., Thermo Fisher Scientific, Inc., Nuclear Lead Co., Inc., XrayCurtains, and StemRad.

Key Developments:

In July 2025, Burlington Medical announced collaboration to introduce innovative ergonomic radiation protection aprons that reduce muscle pressure and offer improved weight distribution. The partnership features Burlington Medical's EtherealShield 0.125mm aprons from their Xenolite(R) line, offering 90% radiation attenuation when paired with radiation source-blocking systems.

In June 2025, Mirion Technologies a leading provider of advanced radiation safety solutions, and Westinghouse Electric Company LLC, a leading supplier of nuclear plant instrumentation and control systems, have announced a strategic partnership to provide digital Ex-core Nuclear Instrumentation Systems (NIS) based on the high-performing Mirion proTK product line. This collaboration aims to alleviate operator and maintenance burdens, enhance performance, and ensure sustained operation success. This digital NIS upgrade solution is offered exclusively through Westinghouse for both Westinghouse and Combustion Engineering designed PWRs worldwide.

In June 2022, Veritas Medical Solutions partnered with NorthStar Medical Radioisotopes to construct a 6,000 square foot radiation shielded vault for molybdenum-99 manufacturing. The project used Veritas' VeriShield(R) modular shielding and custom SmartDoor(R) systems, including a 70,000 lb sliding door.

Materials Covered:

• Lead-Based
• Concrete-Based
• Composite Materials
• Metal Alloys
• Advanced Materials

Forms:

• Sheets and Panels
• Bricks and Blocks
• Castings
• Coatings and Paints
• Other Forms

Applications Covered:

• Medical Sector
• Industrial Sector
• Defense and Aerospace
• Other Applications

End Users Covered:

• Hospitals and Diagnostic Clinics
• Research Centers and Laboratories
• Nuclear Facilities
• Industrial and Manufacturing
• Defense Contractors and Space Agencies
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Radiation Shielding Material Market, By Material

• 5.1 Introduction
• 5.2 Lead-Based
  • 5.2.1 Lead Shields and Blocks
  • 5.2.2 Lead-Lined Drywall and Doors
  • 5.2.3 Lead Acrylic/Glass
• 5.3 Concrete-Based
  • 5.3.1 Standard Concrete Blocks
  • 5.3.2 High-Density Concrete
  • 5.3.3 Polymer-Impregnated Concrete
• 5.4 Composite Materials
  • 5.4.1 Lead Composite Shielding
  • 5.4.2 Polymer-Based Composites
    • 5.4.2.1 Bismuth-Infused
    • 5.4.2.2 Non-Lead Hybrids
    • 5.4.2.3 Borated Polyethylene
• 5.5 Metal Alloys
  • 5.5.1 Tungsten
  • 5.5.2 Steel/Iron
  • 5.5.3 Depleted Uranium
• 5.6 Advanced Materials
  • 5.6.1 Metal Foams
  • 5.6.2 Radiation Ceramics
  • 5.6.3 Nanocomposites

6 Global Radiation Shielding Material Market, By Form

• 6.1 Introduction
• 6.2 Sheets and Panels
• 6.3 Bricks and Blocks
• 6.4 Castings
• 6.5 Coatings and Paints
• 6.6 Other Forms

7 Global Radiation Shielding Material Market, By Application

• 7.1 Introduction
• 7.2 Medical Sector
  • 7.2.1 Diagnostic Imaging
  • 7.2.2 Radiotherapy
  • 7.2.3 Nuclear Medicine
• 7.3 Industrial Sector
  • 7.3.1 Nuclear Power Plants
  • 7.3.2 Industrial Radiography and Nondestructive Testing
  • 7.3.3 Nuclear Gauging
• 7.4 Defense and Aerospace
  • 7.4.1 Spacecraft Shielding
  • 7.4.2 Military Nuclear Applications
  • 7.4.3 Aviation Radiation Protection
• 7.5 Other Applications

8 Global Radiation Shielding Material Market, By End User

• 8.1 Introduction
• 8.2 Hospitals and Diagnostic Clinics
• 8.3 Research Centers and Laboratories
• 8.4 Nuclear Facilities
• 8.5 Industrial and Manufacturing
• 8.6 Defense Contractors and Space Agencies
• 8.7 Other End Users

9 Global Radiation Shielding Material Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Infab Corporation
• 11.2 Burlington Medical
• 11.3 Nelco Worldwide (NELCO)
• 11.4 MarShield
• 11.5 Ray-Bar Engineering Corp
• 11.6 Nuclear Shields B.V.
• 11.7 ETS-Lindgren
• 11.8 Amray Group
• 11.9 Gaven Industries
• 11.10 Radiation Protection Products, Inc.
• 11.11 Veritas Medical Solutions LLC
• 11.12 A&L Shielding
• 11.13 Calder
• 11.14 Gravita India Ltd.
• 11.15 Mirion Technologies, Inc.
• 11.16 AMETEK, Inc.
• 11.17 Thermo Fisher Scientific, Inc.
• 11.18 Nuclear Lead Co., Inc.
• 11.19 XrayCurtains
• 11.20 StemRad