According to a market report by Lucintel, 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 $257.3 million by 2028 with a CAGR of 5.2% from 2023 to 2028. The major drivers for this market are a growing number of chronic disease cases and a wide usage of radiation shielding glass in diagnostic imaging centers and nuclear energy plants.
In this market, X-ray, gamma ray, and beta ray are the major product type segments. Lucintel forecasts that X-ray is expected to witness the highest growth over the forecast period due to the wide usage of radiation shielding glass in X-ray area.
Within this market, medical is expected to remain the largest application segment due to growing research and development activities in the medical and biotechnology industries.
Europe is expected to witness the highest growth over the forecast period due to investments in radiation shielding glass R&D activities for promoting more improved products and the presence of market leaders in the region.
Schott, Raybloc, Corning, Nippon Electric Glass, and Glaswerke Haller are the major suppliers in the global radiation shielding glass market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global radiation shielding glass market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Radiation Shielding Glass Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global radiation shielding glass market by product type, application, and region, as follows:
Radiation Shielding Glass Market by Product Type [Value ($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
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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?