Radiation Shielding Textile Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[173+ Pages Report] According to the report published by Facts Factors, the global radiation shielding textile market size was worth around USD 81 million in 2019 and is predicted to grow to around USD 118 million by 2026 with a compound annual growth rate (CAGR) of roughly 5.5% between 2020 and 2026. The report analyzes the global radiation shielding textile market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the radiation shielding textile market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the radiation shielding textile industry. The report analyzes and declares the historical and current trends analysis of the radiation shielding textile industry and subsequently recommends the projected trends anticipated to be observed in the radiation shielding textile market during the upcoming years.

The radiation shielding textile market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire radiation shielding textile market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (K Square Meter) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the radiation shielding textile market is set to grow annually at a rate of around 5.5%
• It was established through primary research that the radiation shielding textile market was valued at around USD 81million in 2019
• Europe held the largest market share of radiation shielding textile market in terms of revenue in 2019
• The “Metallised Fabrics” category, on the basis of type segmentation, was the leading revenue-generating category in 2019 with 51% of market share
• The “Garments” category, on the basis of application segmentation, was the leading revenue-generating in 2019 with 54% of market share

Key Recommendations from Analysts

• As per our analysts, the rise in awareness of radiation hazards on the human body is anticipated to drive the radiation shielding textile market
• In the radiation shielding textilemarket, North America is anticipated to have the second largest market share in terms of revenue in the upcoming years
• Development of radiation-shielded textiles for the space programs are expected to create new opportunities for the radiation shielding textile market in the upcoming years
• Sensitivity to breakage of the metallic coatings is anticipated to hinder the growth of the radiation shielding textile market
• The growing demand for the radiations shielded maternity clothes is also expected to boost the radiation shielding textile market in the upcoming years

Radiation Shielding Textile Market – Attractiveness Analysis

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the radiation shielding textile industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the radiation shielding textile industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the radiation shielding textile market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the radiation shielding textile industry. The radiation shielding textile market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the radiation shielding textile sector. Key strategic developments in the radiation shielding textile market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the radiation shielding textile market are appropriately highlighted in the report.

The rise in awareness of radiation hazards on the human body is anticipated to drive the radiation shielding textile market. The radiations such as electromagnetic waves, radiofrequency radiations, gamma and x-rays, neutron, alpha and beta particles, are harmful to the human body. The growing demand for the radiations shielded maternity clothes is also expected to fuel the market growth of radiation shielding textile. Pregnant women often go through the diagnostic exam where they are exposed to radiation. The accidental exposure of pregnant women to these harmful rays may cause a problem for the fetus. The wearing of anti-radiation maternity clothes protects mothers and unborn babies from the harmful effects.

The radiation shielding textile market research report delivers an acute valuation and taxonomy of the radiation shielding textile industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Report Scope

The regional segmentation of the radiation shielding textile industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the radiation shielding textile industry is provided for the leading economies of the world.

The radiation shielding textile market is segmented based on type and application. On the basis of type segmentation, the market is classified into metal fiber blended fabric, metalized fabrics, and others. In terms of Application segmentation, the market is bifurcated into garments, industrial, military, and others.

Some of the leading players in the global market include

• Statex
•  Lancs Industries
•  Holland Shielding Systems
•  Soliani EMC
•  Swift Textile Metalizing
•  Aaronia AG
•  Tianxiang
•  Qingdao Hengtong
•  Polymer Science
•  Aracon
•  Beijing Jlsun High-tech Co. Ltd
•  JoynCleon
•  Swiss Shield

The taxonomy of the radiation shielding textile industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Metal Fiber Blended Fabric
• Metallised Fabrics
• Others

By Application Segmentation Analysis

• Garments
• Industrial
• Military
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa