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Booming electronics industry drives demand for EMI and RFI shielding materials


GIA announces the release of a comprehensive global report on EMI and RFI Shielding Materials and Technologies markets. Global market for EMI and RFI Shielding Materials and Technologies is forecast to reach US$7.9 billion by 2020, buoyed by the rising need to comply with EMC regulations and a booming electronics industry worldwide

EMI and RFI Shielding Materials and Technologies are used to safeguard the performance of electronic equipment against electromagnetic interference (EMI) related failure. Mandatory compliance of electromagnetic compatibility (EMC) regulations is a major factor promoting global demand for EMI/RFI solutions. The market is further fueled by rising proliferation of electronic equipment and the subsequent need to reduce the resultant electromagnetic pollution. In addition, global demand for EMI/RFI shielding solutions is expected to rise owing to the criticality of equipment failure in end-use sectors such as aerospace, defense and automotive. Innovations in electronic displays, renewable energy technologies and the shrinking size of electronic devices are all key factors promoting the development of novel EMI/RFI shielding materials and technologies.

Technological breakthroughs in EMI/RFI shielding materials achieved over the last few years include the use of nanomaterials such as polymer matrix nanocomposites, carbon nanotubes and graphene and intrinsically conducting polymers. Conventional coating materials are expected to lose market share to nanomaterials in the next few years as a result of rising adoption and falling costs. Research is also boosted by rising environmental concerns over existing manufacturing processes such as electroless plating. The focus is also on developing eco-friendly products that reduce drain on natural resources and minimize need for landfills.

As stated by the new market research report on EMI and RFI Shielding Materials and Technologies, Asia-Pacific represents the largest market worldwide, followed by Europe at a distant second. Growth in Asia-Pacific is largely due to the region’s transformation into the global production hub for electronic equipment and components. Driven by rising income levels, discretionary spends and the subsequent proliferation of electronic devices, automotive electronics and telecommunication equipment, Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 4.8% over the analysis period.

Conductive Coatings represents the largest segment in the global market. Electronic device manufactures are increasingly seeking advanced yet cost-effective EMI/RFI shielding material solutions to reduce the risk of premature equipment failure. With demand expected to rise in new high-growth end-use segments such as photovoltaics and displays, conductive coatings is set to witness strong growth in the coming years. The development of novel and advanced polymers designed to offer superior EMI/RFI protection is forecast to transform the global conductive plastics market. Laminates/Tapes category is expected to post the fastest CAGR of 4.2% over the analysis period.