EMI Shielding Materials Market is Rapidly Growing as Key Industry Leader PPG Industries Comes up with PPG TESLIN EMI/RF shielding material to protect electronic security documents
EMI Shielding is the
scientific term for electro-mechanical interconnection failures and EMI
coupling. A good EMI Shielding Material is one that reduces or nullifies the
adverse effects of electromagnetic interferences upon systems. EMI and RFI are
known as harmful radio frequency interferences which are emitted from many
electronic devices. These harmful emissions form a byproduct of operation. EMI
and RFI are said to occur when devices are exposed to electrical fields in
their primary active circuit areas which generate electric pulses. This shield
is also utilized to protect and prevent human beings from the harmful emissions
created by power tools, vibrators, industrial ovens, air conditioners,
microwave ovens, and stoves, etc. Apart from these power tools, other
electrical gadgets include microwave ovens, stoves, dishwashers, refrigerators,
etc.
Rising demand for consumer
electronics is expected to drive growth of the global EMI
shielding materials market during the forecast period. The demand for
consumer electronics such as smartphones, laptops, smart TVs, tablets, and more
has increased significantly over the years in both developed and emerging
economies. According to the India Brand Equity Foundation (IBEF), in 2019, the
Indian appliance and consumer electronics (ACE) market was valued at US$ 10.93
billion and is expected to reach US$ 21.18 billion by 2025. Consumer electronic
devices require enhanced radiation shielding since these devices are using
better circuits and chips. Hence, these factors are expected to drive growth of
the global EMI shielding materials market during the forecast period.
Furthermore, rising electromagnetic pollution and strict environmental
regulations in various industries are expected to propel the global EMI
shielding materials market growth over the forecast period.
However, high cost of EMI
shielding is expected to hamper the global EMI shielding materials market
growth over the forecast period. Besides, increasing the adoption of advanced
technologies in modern automobiles can present lucrative growth opportunities
for market players in the near future. Among regions, Asia Pacific is expected
to witness significant growth in the global EMI shielding materials market
during the forecast period. This is owing to the presence of a large hub for
manufacturing electronic equipment in emerging economies such as China, South
Korea, Japan, and India. Furthermore, North America is expected to register a
robust growth rate over the forecast period, owing to the presence of a robust
telecommunication sector in the region.
Major companies involved
in the global EMI shielding materials market are 3M Company, Orion Industries,
AI Technology, EMI Shielding Materials Company, Greene Rubber Company, Omega
Shielding Products, Schaffner Holding, Cybershield Inc., PPG Industries, CGC
Precision Technology, and ETS- Lindgren.
For instance, in November
2020, PPG Industries, a U.S.-based supplier of coatings and specialty
materials, introduced PPG TESLIN EMI/RF shielding material that offers improved
RF-shielding performance for electronic passports and electronic security
documents.
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