EMI RFI Shielding Materials Market Size

Global EMI & RFI Shielding Materials Market Overview

EMI & RFI Shielding Materials Market Size was valued at USD 7.31 Billion in 2023. The EMI & RFI shielding materials market industry is projected to grow from USD 7.74 Billion in 2024 to USD 11.5587 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.14% during the forecast period (2024 - 2032). One of the main market driver propelling the market's expansion is rapid industrialization. Additionally, the extensive use of EMI shielding in consumer electronics accelerates market expansion.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

EMI & RFI Shielding Materials Market Trends

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  Increased demand for consumer electronics is driving the market growth

  
  

The market for EMI & RFI shielding materials is anticipated to develop in the future due to the rising demand for consumer electronics. Any electronic device intended for end users, or consumers, to buy and use for daily, non-commercial, or professional purposes is considered a consumer electronic. EMI & RFI shielding is the use of manufacturing procedures and materials to protect signals from external electromagnetic signals and generated signals interfering with surrounding components in electronic devices and equipment. Flat-screen displays, desktop, laptop, server computers, and portable electronic devices like GPS receivers and cell phones employ EMI & RFI shielding in consumer electronics. For instance, the US consumer electronics industry's sales are anticipated to reach a record $505 billion in 2022, according to the Consumer Technology Association (CTA), a US-based standard-setting and trading organization. According to the projections, sales will climb by 2.8% in 2021 compared to the remarkable 9.6% growth over 2020. In addition, high-tech products accounted for 18% of all exports and 19% of all imports into the EU in 2021, according to Eurostat, a directorate general of the European Commission based in the UK. The sale of high-tech products also increased from €258 billion ($274 billion) in 2011 to €368 billion ($293 billion) in 2021. As a result, the market CAGR for EMI & RFI shielding materials is expanding due to the rising demand for consumer electronics.

Furthermore, the market for EMI & RFI shielding materials is seeing a rise in the importance of product innovation. Major EMI & RFI shielding materials industry players are concentrating on creating cutting-edge solutions to improve their competitiveness. For instance, in March 2021, V Technical Textiles, Inc. (VTT), a US manufacturer of RF/EMI shielding and conductive textile products, and Seaman Corporation, a US plastic fabrication company that produces fabrics and membrane products, jointly launched Shelter-Rite RF. This novel new product offers technologically superior safety and security in situations that call for a more robust and durable RF shielded material. These lightweight RF shielding materials can now be used in settings where they were previously unworkable thanks to this high-performance PVC-coated textile. Thus, driving the EMI & RFI shielding materials market revenue.

EMI & RFI Shielding Materials Market Segment Insights

EMI & RFI Shielding Materials Materials Insights

The EMI & RFI shielding materials market segmentation, based on materials includes metal, mu-metal, elastomer, plastics and polymer. The metal segment dominated the market. Metal films, such as polyester or polypropylene films with a small metal coating (often aluminum) deposited on them, provide lightweight and flexible EMI and RFI shielding options. These films are easily laminable and can be used to create flexible printed circuit boards (PCBs) or laminate them onto various surfaces. When weight and space considerations are crucial, metal films offer good shielding effectiveness and can be employed.

EMI & RFI Shielding Materials Product Insights

The EMI & RFI shielding materials market segmentation, based on product, includes coating & paint, EMI enclosure and gasket. The coating & paint category generated the most income. Graphite, carbon, and metal particles are used to formulate paints and coatings as conductive materials. They offer a shielding material that can cover surfaces, such as plastic enclosures, to form a conductive shield against EMI and RFI. Paints and coatings made of conductivity provide flexibility and conformability to complicated geometries.

EMI & RFI Shielding Materials End-use Insights

The EMI & RFI shielding materials market segmentation, based on end-use, includes IT & telecommunication, electronic and automotive. The electronic category generated the most income. The proliferation of consumer electronic gadgets and the requirement to follow EMI & RFI shielding rules are two aspects influencing the segment's growth. Additionally, smart EMI & RFI shielding coatings are used on electronic equipment to improve energy efficiency, increase product life, and reduce maintenance costs.

Figure 1:  EMI & RFI Shielding Materials Market, by End-use, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

EMI & RFI Shielding Materials Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American EMI & RFI shielding materials market area will dominate this market because the region's electronics and semiconductor businesses are already established and robust. The industry is expanding due to a sizable consumer base for electronic gadgets and a sizable population with the means to do so.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  EMI & RFI SHIELDING MATERIALS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe EMI & RFI shielding materials market accounts for the second-largest market share. This can be attributed to the rapidly expanding automobile industry in the area and the rise in construction projects. The region's construction industry is anticipated to be stimulated by increasing financial support from the European Union, together with supportive policies like subsidies, tax breaks, and incentives put in place by local governments. This will lead to a rise in the demand for paints and coatings. Further, the German EMI & RFI shielding materials market held the largest market share, and the UK EMI & RFI shielding materials market was the fastest growing market in the European region

The Asia-Pacific EMI & RFI shielding materials Market is expected to grow at the fastest CAGR from 2023 to 2032 ascribed to the rise in spending by private businesses and academic institutions on developing fresh shields for diverse uses. Market expansion in this region is predicted to be fueled by rising corporate and public sector investments in commercial and public infrastructure, a growing oil and gas sector, and higher auto sales. Moreover, China’s EMI & RFI shielding materials market held the largest market share, and the Indian EMI & RFI shielding materials market was the fastest growing market in the Asia-Pacific region.

EMI & RFI Shielding Materials Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the EMI & RFI shielding materials market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, EMI & RFI shielding materials industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the EMI & RFI shielding materials industry to benefit clients and increase the market sector. In recent years, the EMI & RFI shielding materials industry has offered some of the most significant advantages to market. Major players in the EMI & RFI shielding materials market attempting to increase market demand by investing in research and development operations include Chomerics (U.S.), Laird PLC (U.K.), PPG Industries, Inc. (U.S.), Henkel AG & Co. KGaA (Germany), RTP Company (U.S.), 3M (U.S.), Schaffner Holding AG (Switzerland), Tech-Etch, Inc. (U.S.), AI Technology, Inc. (U.S.), Orion Industries Incorporated (U.S.), MAJR Products (U.S.), and Holland Shielding Systems BV (The Netherlands).

A provider of maritime and onshore specialty construction services is Orion Group Holdings Inc, formerly known as Orion Maritime Group Inc. The business builds substantial pipes, environmental structures, and transportation facilities for use in civil maritime infrastructure. It provides services such as environmental dredging, design, channel, port, canal dredging, and specialized services. The company offers turnkey concrete construction services, including layout, soil work, pour and finish, rebar installation, forming, and mesh, in the structural, light commercial, and other related business fields.

Henkel AG & Co KGaA produces and markets consumer and industrial products. The company's product offerings include adhesives, sealants, functional coatings, hair cosmetics, hair salon supplies, oral care, skin care, body care, laundry detergents and additives, hard surface cleaners, toilet care, air care, and insect control products. The company works with numerous publishers and producers of fabrics, furniture, computers, books, periodicals, and packaging. The business runs its operations all over the world. Germany's Dusseldorf serves as the company's headquarters.

Key Companies in the EMI & RFI shielding materials market include

• Chomerics (U.S.)


• Laird PLC (U.K.)


• PPG Industries, Inc. (U.S.)


• Henkel AG & Co. KGaA (Germany)


• RTP Company (U.S.)


• 3M (U.S.)


• Schaffner Holding AG (Switzerland)


• Tech-Etch, Inc. (U.S.)


• AI Technology, Inc. (U.S.)


• Orion Industries Incorporated (U.S.)


• MAJR Products (U.S.)


• Holland Shielding Systems BV (The Netherlands)

EMI & RFI Shielding Materials Industry Developments

February 2023: For long-term wealth creation and steady expansion, 3M is in a strong position. The following forecast is made for 2022: a 1%–4% increase in total sales, a 2%–5% increase in organic sales, EPS between $10.15 and $10.65, and good cash flow. demonstrates possibility for growth Businesses that are at the top of their sectors are successful in marketplaces that are expanding quickly. supports ESG initiatives: As part of a $1 billion commitment made over 20 years to become carbon neutral, use less water, and enhance the quality of water, a manufacturing site in Cottage Grove, Minnesota, will receive a $165 million investment.

August 2021: Integrated Polymer Solutions, Inc., a company in Arcline Investment Management's portfolio, bought Seal Science, Inc. For long-lasting performance in aerospace, naval, medical, and industrial applications, Seal Science is a well-known designer and manufacturer of highly engineered elastomeric sealing solutions. A wide range of material science and compound formulation expertise in polymers, textiles, and EMI/RFI materials are among the business's specialties. These components are challenging to create, low volume, high mix, and the company specialises in them.

EMI & RFI Shielding Materials Market Segmentation

EMI & RFI Shielding Materials Material Outlook (USD Billion, 2018-2032)

• Metal


• Mu-Metal


• Elastomer


• Plastics


• Polymer

EMI & RFI Shielding Materials Product Outlook (USD Billion, 2018-2032)

• Coating & Paint


• EMI Enclosure


• Gasket

EMI & RFI Shielding Materials End-use Outlook (USD Billion, 2018-2032)

• IT & Telecommunication


• Electronic


• Automotive

EMI & RFI Shielding Materials Regional Outlook (USD Billion, 2018-2032)

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America