Global Radiation Shielding Glass Market By Product Type (X-Ray Radiation Shielding Glass & Gamma Ray Radiation Shielding Glass), By Application (Hospital Radiology Department, Research Laboratory & Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Radiation Shielding Glass Market By Product Type (X-Ray Radiation Shielding Glass & Gamma Ray Radiation Shielding Glass), By Application (Hospital Radiology Department, Research Laboratory & Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2029 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Radiation Shielding Glass Market by Product Type (X-Ray Radiation Shielding Glass & Gamma Ray Radiation Shielding Glass), By Application (Hospital Radiology Department, Research Laboratory & Other Applications), and by Region -Global Forecast to 2030, which offers a holistic view of the Global Radiation Shielding Glass Market through systematic segmentation that covers every aspect of the target market.

The Global Radiation Shielding Glass Market is projected to be US$ 163.0 Mn in 2020 and is expected to reach US$  273.19 Mn by 2030 at a CAGR of 5.3%.

Radiation shielding glass, also known as, X-ray glass, is lead glass used to provide shielding protection by absorbing the energy released during radiation. The shielding effect is produced owing to the use of lead and barium, and the glasses can be either optically transparent or have a slight yellow tint. These glasses protect technicians in the field of radiation therapy, medical laboratories, and nuclear applications. Radiation shielding glasses provide an excellent barrier against harmful gamma and x-rays emitted during radiation. They are manufactured in a variety of sizes, shapes and thicknesses depending on the intended application and in most cases, the level of shielding depends on the thickness of the glass.

Exposure to radiation can have severe harmful effects on humans and the entire ecosystem, as well. Ionizing radiation has sufficient energy to affect the atoms in living cells and thereby damage their genetic material (DNA). If the damage is not repaired correctly, a cell may die or eventually become cancerous. High level of radiation exposure delivered over a short period of time can cause symptoms such as nausea and vomiting within hours and can sometimes result in death. High level of radiation exposure delivered over a short period of time can cause symptoms such as nausea and vomiting within hours and can sometimes result in death. It can also result in long-term health effects such as cancer and cardiovascular disease which provides a strong reason for the adoption of radiation shielding glasses in various high-risk applications.


Global Radiation Shielding Glass Market Revenue (US$ Mn), 2021 to 2030


Growing prevalence of cancer has resulted in increasing adoption of radiotherapy, which is expected to be a major factor driving the demand of the target market. Rising healthcare expenditure and growing awareness regarding wellness are anticipated to support the global radiation shielding glass market. In addition to this, expansion in the number of nuclear plants across various regions is expected to further fuel growth of the target market over the forecast period.

Furthermore, robust growth of the healthcare industry globally and a strong adoption towards technological advancements, radiation shielding glasses have gained tremendous importance over the years which is expected to propel the growth of global Radiation Shielding Glass market over the forecast period.

However, high cost of radiation shielding glass, owing to the high cost of raw material and intricate manufacturing process, directly reflects on the price of the products. This is a major factor expected to hamper the growth of the target market to a certain extent. Nonetheless, development of novel materials such as Strontium-Barium glass instead of lead, due to the high toxicity of lead is anticipated to increase further adoption of such glasses at various facilities, which is likely to aid the growth of the target market during the forecasted period.

Global Radiation Shielding Glass Market is segmented based on product type, application and region. Based on product type, X-ray radiation shielding glass & gamma-ray radiation shielding glass. The X-ray radiation shielding glass segment accounts for the majority share in the global radiation shielding glass market, and also it is expected to register the highest growth rate over the forecast period. On the basis of application, market is segmented into, hospital radiology department, research laboratory & other applications and hospital radiology department segment account for a majority share in the global radiation shielding glass market.


Global Radiation Shielding Glass Market Attractiveness Analysis by Product Type, 2012“2018


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America and MEA. North America accounts for the majority share in the Global Radiation Shielding Glass Market followed by Europe owing to healthy growth in the number of diagnostic imaging centers and radiation laboratories. APAC is registering highest growth rate due to increasing population, coupled with a growing demand for cleaner energy and depletion of natural resources. South America and MEA are expected to register stable growth over the forecast period.
The research report on the Global Radiation Shielding Glass Market includes profiles of some of the major companies such as Schott AG, Nippon Electric Glass Co., Ltd., Corning Incorporated, Nippon Sheet Glass Company, Limited, MAVIG GmbH and others.



Below are the active patents related to Radiation Shielding Glass Market.


Patent Number: US8119999B2

Radiation-shielding glass and method of manufacturing the same

Abstract

Provided is a radiation-shielding glass, including a glass composition in % by mass of 10 to 35% SiO2, 55 to 80% PbO, 0 to 10% B2O3, 0 to 10% Al2O3, 0 to 10% SrO, 0 to 10% BaO, 0 to 10% Na2O, and 0 to 10% K2O, in which the radiation-shielding glass has a total light transmission at a wavelength of 400 nm at a thickness of 10 mm of 50% or higher. Also provided is a radiation-shielding glass which has the similar glass composition and can be used for a gamma-ray shielding glass for a PET examination.

Application File Date: 2006-10-13

Application Granted Date: 2012-02-21

Current Assignee: Nippon Electric Glass Co Ltd

Patent Number: EP2761047A1

Radiation shielding structures

Abstract

Radiation shielding structures comprising bulk-solidifying amorphous alloys and methods of making radiation shielding structures and components in near-to-net shaped forms are provided.

Application File Date: 2011-09-29

Application Granted Date: 2018-01-24

Current Assignee: Crucible Intellectual Property LLC

Patent Number: US7250119B2

Composite materials and techniques for neutron and gamma radiation shielding

Abstract

This invention deals with multi-component composite materials and techniques for improved shielding of neutron and gamma radiation emitting from transuranic, high-level and low-level radioactive wastes. Selective naturally occurring mineral materials are utilized to formulate, in various proportions, multi-component composite materials. Such materials are enriched with atoms that provide a substantial cumulative absorptive capacity to absorb or shield neutron and gamma radiation of variable fluxes and energies. The use of naturally occurring minerals in synergistic combination with formulated modified cement grout matrix, polymer modified asphaltene and maltene grout matrix, and polymer modified polyurethane foam grout matrix provide the radiation shielding product. These grout matrices are used as carriers for the radiation shielding composite materials and offer desired engineering and thermal attributes for various radiation management applications.

Application File Date: 2005-05-04

Application Granted Date: 2007-07-31

Inventor: Dasharatham Sayala

Key Market Segments:

By Type

  
X-Ray Radiation Shielding Glass
  
Gamma Ray Radiation Shielding Glass
  
Beta Ray Radiation Shielding Glass

By Application

  
Hospital Radiology Department
  
Laboratory
  
Other


Key Market Players included in the report:


  
A&L Shielding
  
AnLan
  
British Glass
  
Corning
  
Electric Glass Building Materials
  
Envirotect
  
Glaswerke Haller
  
Haerens
  
MarShield
  
MAVIG
  
Mayco Industries
  
Nippon Electric Glass
  
Pilkington
  
PLATEC Group
  
PPG
  
Radiation Protection Products
  
Ray-Bar Engineering Corporation
  
Raybloc
  
SCHOTT
  
Shenwang Radiation Protective Equipment
  
Stralskydd Radiation Shielding
  
Wolf X-Ray Corporation