Global Scintillator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Scintillator Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Scintillators are kinds of materials that provide detectable photons in the visible part of the light spectrum, following the passage of a charged particle or a photon. The scintillator consists of a transparent crystal, usually a phosphor, plastic or organic liquid that fluoresces when struck by ionizing radiation. The scintillator must also be transparent to its own light emissions and it must have a short decay time. The scintillator must be also shielded from all ambient light so that external photons do not swamp the ionization events caused by incident radiation. To achieve this a thin opaque foil, such as aluminized mylar, is often used, though it must have a low enough mass to minimize undue attenuation of the incident radiation being measured.

Market Overview:

The latest research study on the global Scintillator market finds that the global Scintillator market reached a value of USD 674.57 million in 2022. It’s expected that the market will achieve USD 1074.63 million by 2028, exhibiting a CAGR of 8.07% during the forecast period.

Price fluctuation of raw materials

With the influence of COVID-19 epidemic in various industries and the strict blockade and restriction measures of governments all over the world, the market of scintillators has also been impacted to a certain extent. Due to the continuous blockade, the production and operation of factories in most countries are restricted, affecting all participants in the global value chain, including suppliers of raw materials for ball sports equipment. Due to the interruption of supply chain, many manufacturers that depend on the supply of imported raw materials from abroad are increasing the cost of raw materials. Raw material cost accounts for a large part of Scintillator's manufacturing cost, and the fluctuation of raw material market price affects the profits of products and enterprises.

Good performance

Scintillators are materials that absorb high-energy radiation and convert this energy into short pulses of visible photons. Scintillation materials exist in many physical forms. On the basis of measuring the energy, intensity, propagation and attenuation of radiation by scintillators, engineers have developed a variety of applications.

In medicine, scintillators are the core components of nuclear medical imaging equipment, through which doctors can quickly diagnose the lesions of various organs and the size and position of tumor tissues. Scintillators play an irreplaceable role in many fields, such as line inspection, container inspection, nondestructive testing of large industrial equipment, oil logging, radioactive detection, environmental monitoring and so on. Scintillators can capture the information of various particles produced after nuclear reaction, and are an important tool for exploring the microscopic world. The excellent product performance of scintillators has brought about a wide range of market applications and promoted the market demand of scintillators.

Intense market competition

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made.

There are many well-known enterprises with rich product systems and a long history in the Scintillator market, such as Saint-Gobain, Hamamatsu. This has triggered fierce market share competition in the market. In addition, with the increasing market demand in the fields of health care and homeland security in recent years, and the continuous development of commercial and scientific applications, the demand for scintillators has further developed, attracting more participants to enter the market. The fierce market competition and more market participants pose certain challenges to the scintillator quality and sales channels.

Region Overview:

In 2021, the share of the Scintillator market in North America stood at 35.78%.

Company Overview:

SAINT-GOBAIN is one of the major players operating in the Scintillator market, holding a share of 32.42% in 2022.

SAINT-GOBAIN

Compagnie Saint-Gobain is a manufacturer of building materials that are primarily supplied to the construction industry. The company offers a vast range of products ranging from glass windows to plaster-based products and piping systems, as well as a distribution business.

HAMAMATSU

HAMAMATSU a Japan-based company mainly engaged in the electronic tube business, the optical semiconductor business and the image measurement equipment business. The Company operates in three business segments. The Electronic Tubes segment is engaged in the manufacture and sale of photomultiplier tubes, imaging equipment and illuminants. The Optical Semiconductors segment is engaged in the manufacture and sale of optical semiconductor elements. The Image Measuring Equipment segment is engaged in the manufacture and sale of image processing and measuring equipment. The Company is also engaged in the semiconductor lasers related business and the hotel business.

Segmentation Overview:

By type, Inorganic scintillators segment accounted for the largest share of market in 2021.

Organic Scintillators

Organic scintillators are kinds of organic materials that provide detectable photons in the visible part of the light spectrum, following the passage of a charged particle or a photon. The scintillation mechanism in organic materials is quite different from the mechanism in inorganic crystals. In inorganic scintillators, e.g. NaI, CsI the scintillation arises because of the structure of the crystal lattice. The fluorescence mechanism in organic materials arises from transitions in the energy levels of a single molecule and therefore the fluorescence can be observed independently of the physical state (vapor, liquid, solid).

Inorganic Scintillators

Inorganic scintillators are usually crystals grown in high temperature furnaces. They include lithium iodide (LiI), sodium iodide (NaI), cesium iodide (CsI), and zinc sulfide (ZnS). The most widely used scintillation material is NaI(Tl) (thallium-doped sodium iodide). The iodine provides most of the stopping power in sodium iodide (since it has a high Z = 53). These crystalline scintillators are characterized by high density, high atomic number, and pulse decay times of approximately 1 microsecond (~ 10-6 sec). Scintillation in inorganic crystals is typically slower than in organic ones. They exhibit high efficiency for detection of gamma rays and are capable of handling high count rates. Inorganic crystals can be cut to small sizes and arranged in an array configuration so as to provide position sensitivity. This feature is widely used in medical imaging to detect X-rays or gamma rays. Inorganic scintillators are better at detecting gamma rays and X-rays than organic scintillators. This is due to their high density and atomic number which gives a high electron density. A disadvantage of some inorganic crystals, e.g., NaI, is their hygroscopicity, a property which requires them to be housed in an airtight container to protect them from moisture.

Application Overview:

The market's largest segment by application is the segment Medical and Healthcare, with a market share of 60.43% in 2021.

Key Companies in the global Scintillator market covered in Chapter 3:

Scintacor
Dynasil
Toshiba Materials
DJ-LASER
CRYTUR
EPIC Crystal Co., Ltd.
Shanghai Siccas High Technology Corporation
Nihon Kessho Kogaku Co., Ltd.
HAMAMATSU
ScintiTech
SAINT-GOBAIN
REXON
Eljen Technology
Hitachi Metals Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Scintillator market from 2018 to 2029 is primarily split into:

Direct Scintillators
Indirect Scintillators

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Scintillator market from 2018 to 2029 covers:

Nuclear Power Plants
Medical and Healthcare
Homeland Security and Defense
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)