Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market Segmentation by Application (Electronics, IT & Telecommunication, Military, Automotive, and Others); and by Material Type (Plastics, Metal, Polymer, and Elastomer)-Global Demand Analysis & Opportunity Outlook 2031
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Product Code:
RP-ID-10085838 -
Published Date:
21 Oct 2022 -
Region:
Global
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Category:
Chemicals -
Publisher:
Pub-ID-54
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market Highlights Over 2022 - 2031
The global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market is estimated to grow at ~6% CAGR over the forecast period, i.e., 2022 – 2031 and also attain a significant revenue by the end of 2031. The growth of the market can be attributed to the increase in the demand for electronic products. Moreover, EMI and RFI are emitted by electronics, contributing to the noise pollution, which is a component of air pollution. There is a need to protect the environment from electromagnetic interference and radio frequency interference through shielding materials. According to the World Bank, air pollution costs USD 8.1 trillion to the economy in 2019 which is equivalent to 6.1 % of global GDP. Moreover, regulations have been passed by the government to which all electromechanical, electrical, and electronic equipment must comply and is expected to contribute to the growth of the global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market.
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The global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market is segmented by application into electronics, IT and telecommunication, military, automotive, and others. Out of which, the electronics segment is anticipated to hold the largest share over the forecast period in the global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market. This can be attributed to the increase in demand for electronic products by customers. Moreover, electronic companies have to comply with the rules and regulations set by the government for electronic manufacturers.
Global Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market Regional Synopsis
Regionally, the global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market are segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in the Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of an increase in the demand for electronics products by consumers in this region. As per the World Integrated Trade Solution, China has a total export of 2,498,569, 865.64 in thousands of US$ and a total import of 2,068,950,254.60 in thousands of US$ with a positive trade balance in 2019. Furthermore, the country is exporting large amount of electronic products to other countries at a lower cost. Moreover, there is a huge demand for China’s electronic products across the globe. Therefore, it is expected to increase the growth of the market in the Asia Pacific region.
Market Segmentation
Our in-depth analysis of the global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market includes the following segments:
By Application
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Electronics
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IT and Telecommunication
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Military
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Automotive
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Others
By Material Type
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Plastics
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Metal
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Polymer
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Elastomer
Growth Drivers and Challenges Impacting the Growth of the Global Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market
Growth Drivers
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Increase in the regulation related to electronics
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Rise in the demand for electronics products
Challenges
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Increase in the number of competitors dealing in EMI and RMI shielding materials
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Shielding materials limit the functioning of electronic appliances
Key Companies Dominating the Global Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market that are included in our report are PPG Industries, Inc., Henkel AG & Co. KGaA, NANOTECH ENERGY INC, Seal Science, Inc., Orion Industries Incorporated, Tech Etch, INC., AI Technology, Inc., Systems Integrators LLC, Longyan Eteng Electronics Co., Ltd, Zippertubing Company, and others.
Latest Developments in the Global Electromagnetic Interference (EMI) and Radiofrequency Interference (RFI) Shielding Materials Market:
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6 October 2020: Nanotech Energy Inc. introduced Nanotech EMI Armour Paint & Sheets, graphene-powered coatings and films for EMI and RFI shielding. There are now six items in the EMI Shielding series, all of which are extremely conductive and provide good external EMI/RFI protection while also preventing internal EMI/RFI leaks.
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10 May 2022: Henkel AG & Co. KGaA, announced the opening of new technical application center to support product development for the company’s high-tech customers in the Silicon Valley region.
Key Reasons to Buy Our Report
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The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
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It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
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The report includes detailed company profiles of the major players dominating the market.
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We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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We provide customized reports as per the clients’ requirement helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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FREQUENTLY ASKED QUESTIONS
Increase in the regulation related to electronics and rise in the demand for electronics products are the major factors driving the growth of the electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market.
The market is anticipated to attain a notable over the forecast period, i.e., 2022-2031.
Increase in the competition for electronic products and limiting the functioning of appliances are estimated to hamper the market growth.
Asia Pacific region will provide more business opportunities for growth of electromagnetic interference (EMI) and radiofrequency interference (RFI) shielding materials market in future.
The major players in the market are PPG Industries, Inc., Henkel AG & Co. KGaA, NANOTECH ENERGY INC, Seal Science, Inc., Orion Industries Incorporated, Tech Etch, INC., AI Technology, Inc., Systems Integrators LLC, Longyan Eteng Electronics Co., Ltd, Zippertubing Company, and others.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application, material type, and region.
The electronics segment is anticipated to hold largest market size in value over the forecast period and display significant growth opportunities.
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- PPG Industries, Inc.
- Henkel AG & Co. KGaA
- NANOTECH ENERGY INC
- Seal ScienceInc.
- Orion Industries Incorporated
- Tech EtchINC.
- AI TechnologyInc.
- Systems Integrators LLC
- Longyan Eteng Electronics Co.Ltd
- Zippertubing Company