Global EMI Shielding Materials Market Analysis and Forecast 2019-2028

Market Introduction: Key Takeaways

The global EMI shielding materials market is expected to reach a value of US$ 8.26 billion by 2028, growing at a CAGR of 5.6% during the forecast period 2023-2028. The increasing use of electronics and the growing demand for EMI shielding materials in various industries such as automotive, aerospace, telecommunications, and healthcare are the key factors driving the growth of the market. The rise in electromagnetic pollution and the need for electromagnetic compatibility (EMC) are also boosting the demand for EMI shielding materials.

Market Drivers and Trend Analysis

The key drivers for the growth of the global EMI shielding materials market include the increasing demand for electronics and the need for EMI shielding materials to ensure electromagnetic compatibility. Additionally, the rise in electromagnetic pollution due to the use of electronic devices is also driving the demand for EMI shielding materials. Another key trend in the market is the growing demand for lightweight and high-performance EMI shielding materials in the automotive and aerospace industries.

Key Segmental Analysis

Based on material type, the conductive coatings and paints segment held the largest share of the global EMI shielding materials market in 2020. This is attributed to the high demand for these materials in various industries such as automotive, telecommunications, and healthcare. The metal-based EMI shielding materials segment is also expected to grow significantly during the forecast period due to their high shielding effectiveness and durability.

Global and Regional Market Analysis – Based on Market Intelligence 

Geographically, Asia Pacific is expected to hold the largest share of the global EMI shielding materials market during the forecast period. This is due to the high demand for electronics in the region and the increasing use of EMI shielding materials in various industries such as automotive, telecommunications, and healthcare. North America and Europe are also expected to grow significantly during the forecast period, driven by the growing demand for lightweight and high-performance EMI shielding materials in the automotive and aerospace industries.

Competition Overview: Market Structure and Leading Players

The global EMI shielding materials market is highly competitive, with several leading market players operating in the industry.

Some of the prominent market players in the global EMI shielding materials market include Parker Hannifin Corp., 3M Company, Henkel AG & Co. KGaA, Laird PLC, PPG Industries, Inc., KGS Kitagawa Industries Co., Ltd., Chomerics North America, W.L. Gore & Associates, Inc., Kitagawa Industries Co., Ltd., Schaffner Holding AG. among others.

These companies are focused on product innovation, strategic partnerships, and expansion into new markets to gain a competitive edge. Additionally, the market is characterized by the presence of several small and medium-sized players offering specialized products and services.

Key Market Segmentation: Global EMI Shielding Materials Market

Rationalstat has segmented the global EMI shielding materials market on the basis of application, region, end user.

• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Peru
    • Argentina
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic Countries
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Hungary
    • Czech Republic
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Thailand, Philippines, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Egypt
    • Sub-saharan
    • Rest of the Middle East & Africa

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Primary Intelligence

• RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
• RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
• We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
• Strong language proficiency and capability with coverage across more than 70 language areas.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs

Why Buy this Report?

The report is intended for service providers, manufacturers, industry stakeholders, government organizations, marketing departments, R&D professionals, insurance organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.