EMI SHIELDING MATERIALS MARKET ANALYSIS

EMI Shielding Materials Market, by Components (Conductive Coatings and Paints, EMI Shielding Tapes & Laminates, Conductive Polymers, Metal Shielding Products, and EMI Filters), by Applications (Consumer Electronics, Telecommunication and IT, Automotive, Healthcare, and Aerospace And Defense) by region (Asia Pacific, Europe, North America, Latin America, Middle East and Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Nov 2022
Code : CMI991
Pages :160
Formats :
Excel and PDF
Industry : Advanced Materials

Emi Shielding Materials MarketSize and Trends

Global EMI shielding materials market was valued at US$ 8.01 Bn in 2021 in terms of revenue, exhibiting a CAGR of 5.67 % during the forecast period (2022 to 2030).

Figure 1. Global EMI Shielding Materials Market Value Share (%), By Application, 2021

Market Trends

Rapid industrialization is one of the key factors driving the growth of the market. Furthermore, widespread utilization of EMI shielding in consumer electronics is also providing a boost to the market growth. In line with this, product manufacturers are using conductive coatings and paints that offer EMI shielding for non-metallic surfaces and plastics in smartphones and telecommunication, medical and military devices. Apart from this, significant growth in the automotive industry is also creating a positive impact on the market growth. EMI shielding is extensively used in this industry in GPS navigation and infotainment systems, hands-free features and Bluetooth devices to ensure minimal EMI and optimal performance of the equipment. Other factors, including various advancements in the 4G and 5G network technologies, along with the implementation of favorable government policies to minimize electromagnetic radiations in the environment, are projected to drive the market further.

Figure 2. Global EMI Shielding Materials Market value Share (%), By Product Type, 2021