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EMI Shielding Materials Market By Component (Conductive Coatings & Paints, Metals, Laminates, Conductive Plastics, Others), By Application (Automotive, Defense & Aerospace, Healthcare, Telecom & It, Consumer Electronics, Others) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Industry Outlook

The global market for EMI shielding materials was valued at US$ 5,620.6 million in 2017 and is expected to reach US$ 9,519.9 million by 2026, expanding at a CAGR of 6.2% during the forecast period. Asia Pacific was the largest region for EMI shielding materials in 2017 and is expected to retain its position throughout the forecast period from 2018 to 2026. Further, the region is also expected to generate the fastest growth during the forecast period.

Electromagnetic interference (EMI) shielding is defined as the absorption or reflection of electromagnetic radiation with the help of materials that are positioned in the way of electromagnetic interference. EMI shielding is gaining traction in the electronics industry, owing to the increasing usage of electronics in different industries such as automotive, defense & aerospace, healthcare, telecom & I.T., consumer electronics, and so on. EMI shielding materials such as conductive coatings, metals, laminates, and others are used to prevent the malfunctioning of electronic devices by filtering the incoming and outgoing interferences. High demand for EMI shielding materials from 4G/LTE cellular infrastructure worldwide and compliance with EMI regulations are major factors fueling the growth of the market. The EMI shielding materials market is growing due to the rapid increase in sources generating electromagnetic fields and the reliability of these materials to protect electronic devices from electromagnetic radiation.

Developments in the telecom and I.T. industries are one of the key factors driving the demand for EMI shielding materials. The advancements in telecom technologies and the swift penetration of the internet have collectively made it easier for consumers to access the internet and related services. According to a recent study, internet access through smartphones has already crossed 50% of overall internet usage worldwide. Ongoing advancements in telecom network technologies (such as 3G, 4G LTE, and 5G) are on the rise, with consumers demanding improved internet connectivity.

Market Synopsis: Value

Conductive Coatings and Paints Have Dominated the EMI Shielding Materials Market and Are Expected to Continue in the Future.

By Component, the conductive coatings and paints segment accounted for the largest share of more than 37% in 2017. Conductive paints and coatings are ideal for EMI shielding on non-metal surfaces. Materials such as silver, copper, gold, aluminum, nickel, silver-coated copper, and other materials are used as fillers in conductive coatings and paints. Different coating techniques used for metalizing non-metal surfaces are foil laminates and tapes, ion plating, and vacuum metallization, among others.

A conductive shield created by the conductive coating and paints prevents electrical circuitry damage or hindrance to operations through EMI radiation. The laminates segment is anticipated to record high growth in the near future due to advantages such as lightweight, cost-effectiveness, and ease of application. The most commonly used metals in EMI shielding include copper, aluminum, copper alloy 770, and pre-tin-plated steel.

Based on application, the automotive segment is expected to continue dominating the global EMI shielding materials market in the coming years.

Based on application, the global market for EMI shielding materials was dominated by the automotive segment in 2017, and the segment is expected to continue dominating the market in the coming years as well. With the advancement of technology, the need to incorporate a large number of electrical and electronic systems into automobiles has vividly increased. The most common electrical and electronic systems incorporated in automobiles include safety systems, Control Area Networks (CAN), communications systems, mobile media, controllers, D.C. motors, and infotainment systems such as wireless headsets, among others. Employing a large number of electrical and electronic systems in a limited and confined space poses the problem of eliminating the electromagnetic interference generated by these systems from interfering with each other.

However, the consumer electronics segment is expected to register high growth in the near future owing to increasing per capita disposable incomes as well as increasing demand for consumer electronics due to increased consumer spending across developing economies. Due to the rising demand for secured and error-free transmission of data, it is anticipated that EMI shielding materials will witness significant adoption among consumer electronics and telecom and I.T. applications.

Factors such as rising per capita disposable incomes and changes in standards of living are driving the demand for automobiles across the globe, which in turn is anticipated to drive the demand for EMI shielding materials in the automotive segment. Furthermore, the increasing focus of automakers on providing lightweight vehicles is expected to drive the demand for conductive plastics and laminates to achieve efficient EMI shielding.

Asia Pacific is expected to continue dominating the EMI shielding materials market in the coming years.

Asia Pacific dominated the global market for EMI shielding materials in 2017 and is expected to retain its supremacy throughout the forecast period as well. China is Asia Pacific's largest EMI shielding market. It was also projected to maintain its dominance over the forecast period. High growth potential for the development of EMI shielding materials is observed in economies such as India, China, Japan, Malaysia, South Korea, and Indonesia. India is the second-largest market for EMI shielding materials in the Asia Pacific region. Moreover, industries like automotive, electronics, defense, and aerospace are growing at a faster rate in Asia Pacific as compared to their global growth rates. This is likely to increase the end-use applications and demand for EMI shielding materials in the region.

In North America and Europe, due to the rapid growth of defense and aerospace, consumer electronics, and telecom and I.T. activities, along with the enforcement of stringent regulatory norms by the government authorities, this has boosted the demand for EMI shielding materials with higher efficiency. The Federal Communications Commission (FCC) is the primary authority body in the United States, and it has issued numerous guidelines for commercial equipment EMI and RFI shielding. These guidelines were created to help research and development engineers create new technology and materials for EMI shielding. The FCC has mandated the use of appropriate EMI shielding materials in all mass communication devices.

Product launch is one of the most important strategies used by companies in the EMI shielding materials market.

Notable players operating in the global EMI shielding materials market include 3M Company, Parker Hannifin Corporation, Henkel AG & KGaA, KGS Kitagawa Industries Co. Ltd., Laird Plc., Leader Tech Inc., L.G. Chem Ltd., PPG Industries Inc., RTP Company, Schaffner Holding A.G., Tech-Etch Inc., and ETS-Lindgren Inc., among others.

Parker Hannifin Corporation's Chomerics division introduced PREMIER PBT-225, EMI-shielding conductive plastic pellets, in March 2017. It is specially formulated to improve long-term aging performance when exposed to humid and typical heat conditions. Its single-pellet, polybutylene terephthalate (PBT)-based formula helps make metal-to-plastic housing conversions possible for the increasing number of electronics applications. These conversions eliminate the housing weight (as compared to aluminum) and also provide a cost reduction of up to 65% by eliminating secondary operations such as machining and assembly.

Periods of History and Forecast

2016 : Historic year.

2017: Base Year

2018-2026: Forecast Period

Our study analyzed each market segment during the period from 2016 to 2026, with 2017 as the base year. The forecast period between 2018 and 2026 is considered for the CAGR calculation.

Report Scope

The report provides a detailed overview of the global EMI shielding materials market by categorizing it into the following segments:

By Component Segment (2016-2026; millions of dollars)

  • Conductive Coatings and Paints
  • Metals
  • Laminates
  • Conductive Plastics
  • Others (EMI shielding filters, gaskets, etc.)

By Application Segment (2016-2026; millions of dollars)

  • Automotive
  • Defense and Aerospace
  • Healthcare
  • Telecom and I.T.
  • Consumer Electronics
  • Others (factory machines, home emergency management systems, lighting systems, etc.)

By Geography Segment (2016-2026; millions of dollars)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

This research report describes leading continents and their major countries, along with profiles of key players operating in the overall market and their planned developments. Our report further defines the overall market dynamics, such as drivers, challenges, and opportunities prevalent in the market, to understand the global EMI shielding materials market more explicitly. Our in-depth quantitative and qualitative analysis of each segment up to the country level highlights revenue pockets and investment opportunities in the market.

Key questions are answered in this report.

  • Who are the major manufacturers and distributors operating in the EMI shielding materials market?
  • What are the largest segments in the market during the forecast period from 2018 to 2026?
  • Which are the fastest-growing segments in the market for the forecast period?
  • What are the current market trends in the EMI shielding materials market, and what opportunities exist for players?
  • How are the regulatory frameworks affecting global as well as regional markets?
  • Which are the key players operating in the global market and the strategies adopted by them?
  • What are the market size and trend in emerging and developed markets?

Frequently Asked Questions:

The market for EMI Shielding Materials Market is expected to reach US$ 5,620.6 Mn By 2026.

The EMI Shielding Materials Market is expected to see significant CAGR growth over the coming years, at 6.2%.

The report is forecasted from 2018-2026.

The base year of this report is 2017.

3M Company, Parker Hannifin Corporation, Henkel AG & KGaA, KGS Kitagawa Industries Co. Ltd., Laird Plc., Leader Tech Inc., L.G. Chem Ltd., PPG Industries Inc., RTP Company, Schaffner Holding A.G., Tech-Etch Inc., and ETS-Lindgren Inc are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Nov 2018
Category:  Advanced Materials
Report ID:   58784
Report Format:   PDF
Pages:   120
Rating:    4.8 (80)
Delivery Time: 24 Hours to 48 Hours   
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