Global Radiation Shielding Materials Market Growth (Status and Outlook) 2025-2031

Global Radiation Shielding Materials Market Growth (Status and Outlook) 2025-2031

The global Radiation Shielding Materials market size is predicted to grow from US$ 289 million in 2025 to US$ 360 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

Radiation shielding is imperative as radiation can be a serious concern in nuclear power facilities, industrial or medical x-ray systems, radioisotope projects, particle accelerator work, and a number of other circumstances. Containing radiation and preventing it from causing physical harm to employees or their surroundings is an important part of operating equipment that emits potentially hazardous rays. Preserving both human safety and structural material that may be compromised from radiation exposure are vital concerns, as well as shielding sensitive materials, such as electronic devices and photographic film.

Global key players of Radiation Shielding Materials include Corning, Nippon Electric Glass and Ets-Lindgren, etc. The top three players hold a share about 30%. Asia-Pacific is the largest market, has a share about 35%. In terms of product type, Traditional Lead Shielding is the largest segment, occupied for a share of about 55%, and in terms of application, Medical X-ray Systems has a share about 70 percent.

LPI (LP Information)' newest research report, the “Radiation Shielding Materials Industry Forecast” looks at past sales and reviews total world Radiation Shielding Materials sales in 2024, providing a comprehensive analysis by region and market sector of projected Radiation Shielding Materials sales for 2025 through 2031. With Radiation Shielding Materials sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Radiation Shielding Materials industry.

This Insight Report provides a comprehensive analysis of the global Radiation Shielding Materials landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Radiation Shielding Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Radiation Shielding Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Radiation Shielding Materials and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Radiation Shielding Materials.

This report presents a comprehensive overview, market shares, and growth opportunities of Radiation Shielding Materials market by product type, application, key players and key regions and countries.

Segmentation by Type:
Traditional Lead Shielding
Lead Composite Shielding
Lead-Free Shielding

Segmentation by Application:
Nuclear Power Facilities
Medical X-ray Systems
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
MAVIG
Nelco Worldwide
Ets-Lindgren
Wardray Premise
Marshield
Raybar
Veritas Medical Solutions
Gaven Industries
Amray Group
A&L Shielding
Corning
Nippon Electric Glass
SCHOTT
AnLan
Shenwang Radiation Protective Equipment
DAHAETE
Kangningda Medical

Please note: The report will take approximately 2 business days to prepare and deliver.