EMI & RFI Shielding Materials Market  SWOT Analysis and Key Growth Methodologies By 2028

 

Market Overview

Market Research Future (MRFR) analysed the Global EMI and RFI Shielding Materials Market 2020 through the review period till 2023. Across the review period from 2018 to 2023, the EMI and RFI shielding materials market can value at USD 11,210.81 Mn by 2023. Factors that can fuel the market surge can be attributed to gradual development of telecommunication infrastructure and growing application of EMI shielding in electronic applications. The EMI and RFI shielding materials market can exhibit about 6.50% CAGR in the forecast period.

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Competitive Analysis

RTP Company (U.S.)
PPG Industries Inc. (U.S.)
Laird PLC (U.K.)
Henkel AG & Co. KGaA (Germany)
3M (U.S.)
Tech-Etch Inc. (U.S.)
Schaffner Holding AG (Switzerland)
Orion Industries Incorporated (U.S.)
AI Technology Inc. (U.S.)
MAJR Products (U.S.)
Chomerics (U.S.)
and Holland Shielding Systems BV (The Netherlands)

are some reputed name in the EMI and RFI shielding materials market that are listed by MRFR.

Segmentation Analysis

The segment study for the worldwide EMI and RFI shielding materials market is based on material, end-use, and product.

The Materials-based segments of the EMI and RFI shielding material market are metals accounted for 48.36% share in 2017, followed by mu-metal, plastics & polymers, carbon & graphite, and conductive elastomers among others. The metal segment can earn decent revenue in the review period. The increase in application of EMI shielding components, EMI shielding coatings, and EMI enclosures can favor expansion of the market in the near future. The plastics and polymers segment can exhibit about 7.02% CAGR in the forecast period as demand for metal-filler plastics surges.

The Product-type based segments of the coatings & paints market are EMI enclosures, paints and coatings, gaskets, vents and filters, tapes and laminates among others. The tapes and laminates segment can register robust CAGR due to their effective electrical conductivity, 100% shielding, and corrosion resistance.

The End-use-based segments of the EMI and RFI shielding materials market are consumer electronics, IT & telecommunication, and automotive. The Consumer electronics segment can exhibit about 6.66% CAGR in the study period. The RFI and EMI shielding materials are used in the fabrication of laptops, flat-screen displays, and smartphones that can drive the segment rise. The deployment of effective networking technologies can aid automotive segment to register about 6.10% CAGR in the analysis period.

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Regional Analysis

The segment assessment for the EMI and RFI shielding materials market is done for Europe, North America, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America.

APAC EMI and RFI shielding material market can surge at 6.89% CAGR in the assessment period. The gradual rise of consumer electronics and IT & telecommunication sectors that can support expansion of demand for RFI and EMI shielding materials that can favor rise of the market in the review period.

In North America, the EMI and RFI shielding material market can earn about 20.54% share of the worldwide market as consumer electronic devices demand rises. The expansion of the aerospace industry that holds prime opportunity can aid the EMI and RFI market capitalize on. The growing need to prevent aircraft damage from lightning and solar flares due to radiofrequency interference that can lead to fatalities can favor the market rise in the assessment period. The growing demand for RFI shielding materials as increase in requirement for RFI-coated printed circuit boards is observed can support the market rise.

In Latin America, the market can witness decent rise in the assessment period. The expansion of the market can be attributed to the increase in demand for smartphones and the availability of effective telecommunication infrastructure.

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 At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Edibles. 

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