Global Organic Scintillator Market to Reach $321.3 Million by 2030
The global market for Organic Scintillator estimated at US$216.9 Million in the year 2023, is expected to reach US$321.3 Million by 2030, growing at a CAGR of 5.8% over the analysis period 2023-2030. Healthcare Application, one of the segments analyzed in the report, is expected to record a 6.8% CAGR and reach US$126.4 Million by the end of the analysis period. Growth in the Homeland Security Application segment is estimated at 5.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $56.9 Million, While China is Forecast to Grow at 8.8% CAGR
The Organic Scintillator market in the U.S. is estimated at US$56.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$73.4 Million by the year 2030 trailing a CAGR of 8.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$44.7 Million by the year 2030.
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