Radiation Resistant Composite Market Size, Share, Opportunities, and Trends by Type (Polymer Matrix Composites, Ceramic Matrix Composites, Metal Matrix Composites, Hybrid Composites), by Application (Nuclear Power Plants, Aerospace and Defense, Healthcare, Research Facilities), and by Geography – Forecasts from 2025 to 2030
- Published : May 2025
- Report Code : KSI061617394
- Pages : 141
Radiation Resistant Composite Market Size:
The radiant resistant composite market is expected to increase at a CAGR of 6.25% during the forecasted period (2025-2030).
Radiation Resistant Composite Market Trends:
The radiation tolerance composite market refers to substances that are specially engineered to with stand harmful levels of ionising energy, logging hair durability or functionality. These companies are widely light in essential industries such as aerospace, defence, nuclear energy, and healthcare. The market is expected to grow due to the rising need for secure and reliable materials in hazardous environments. Several key drivers are supporting this growth. First, the requirement for Atomic Energy is growing, which creates a greater need for radiation-resistant parts. Second, the development of space transmission and military programmes requires materials that can resist extreme radiation exposure. 3rd, the healthcare industry is using more radiation-based tools, such as diagnostic imaging and cancer treatment, which increase the use of protective composites. Additionally, the progress in material science a leading to the development of enhanced composites that are more efficient and affordable. Strict safety regulations across these industries are pushing companies to choose materials that transmit superior standards for radiation resistance.
Radiation Resistant Composite Market Highlights:
- Type: Polymer Matrix composites on generally strong lightweight materials made up of polymer (plastic) with a reinforcing material like fibres, usually glass, carbon aramid fibers. It holds everything together, adding strength and stiffness. The PMC is generally lightweight, corrosion and chemical resistant, and can be designed to resist radiation, heat, for mechanical stress.
- Application: India has 22 operating reactors, with an installed capacity of 6780 MWe. Among these eighteen reactors are Pressurised Heavy Water Reactors (PHWRs) and four are Light Water Reactors (LWRs). The nuclear power plants generally used to protect infrastructure equipment and personal from harmful radiation while also India during extreme temperature pressure and corrosive environments.
- Region: The USA is the world's largest producer of nuclear power, accounting for about 30% of worldwide generation of nuclear electricity. The country's nuclear reactors produced 772 TWh in 2022, 18% of total electrical output. Nuclear power plays a major role in electricity provision across the country. The US fleet is operated by 30 different power companies across 30 different states.
Radiant Resistance Composite Market Regional Analysis:
For many years Canada has been a leader in nuclear research and technology, exporting reactor systems developed in Canada as well as a high proportion of the world supply of radioisotopes used in medical diagnosis and cancer therapy.Canada has plans to build both new large-scale nuclear capacity and small modular reactors.About 15% of Canada's electricity comes from nuclear power, with 17 reactors mostly in Ontario providing 12.7 GWe of power capacity.In November 2023 the government revised the Green Bond Framework – which previously excluded nuclear energy from obtaining financial support – to explicitly permit “the deployment of nuclear energy to generate electricity and/or heat.” The first issue under the amended framework, of C$4 billion ($2.9 billion), was sold in February 2024.
Top Trends Shaping The Rasdiant Resistance Composite Market:
- Integration Of Nanomaterials: The incorporation of Boron Nitride Nanotubes (BNNTs) into composite materials significantly enhances radiation shielding, mechanical strength, and thermal stability, making them particularly effective against neutron radiation exposure.
- Expansion of Nuclear Energy Projects: Nations investing in new nuclear reactors and refurbishing old ones are boosting demand for radiation-resistant materials.
Radiant Resistance Composite Market Growth Drivers v/s Challenges:
Growth Drivers
- Rising Demand In Nuclear Power Generation: The Union Budget 2025-26 outlines a significant push towards nuclear energy as part of India's long-term energy transition strategy. The government has set an ambitious target of 100 GW nuclear power capacity by 2047, positioning nuclear energy as a major pillar in India's energy mix.
- Growing Aerospace and Space Exploration: India's aviation sector is experiencing a meteoric rise, fuelled by soaring demand and the government's unwavering commitment to its growth through supportive policies. The industry has undergone a remarkable transformation, shedding its previous limitations and evolving into a vibrant and competitive sector. This dynamic shift has propelled India to the forefront of the global aviation ecosystem, becoming the third-largest domestic aviation market in the world, after the USA and China.
Challenges
- High Manufacturing Costs: Radiant resistant composites require additives, high purity fibers and precise manufacturing processes. This makes them significantly more expensive than traditional.
Radiant Resistant Composite Market Competitive Landscape:
The market is fragmented, with many notable players, including Toray Industries, DuPont, Teijin Aramid, Mitsubishi Chemical Corporation, Hanwha Advanced Materials, and Kolon Industries, among others :
- Product Launch: In April 2025, CGN Juner has introduced the medical-grade radiation-resistant PETG-Q01. This product not only inherits the inherent excellent chemical resistance and outstanding mechanical properties of PETG, but also achieves a significant enhancement in radiation resistance. The PETG-Q01 effectively ensures the clarity and performance stability of downstream products post-sterilization.
- Product Launch: In November 2024, ?Arceon's Ultra-High Temperature Ceramic Matrix Composites (UHTCMCs) were launched into space , as part of NASA's SpaceX 31st Commercial Resupply Mission to the International Space Station (ISS). These materials are being tested on the Bartolomeo platform, which is attached to the European Columbus Module of the ISS, to evaluate their performance in the harsh conditions of space
Radiation Resistant Composite Market Scope:
Report Metric | Details |
Radiation Resistant Composite Market Size in 2025 | US$7,227.328 million |
Radiation Resistant Composite Market Size in 2030 | US$21,769.066 million |
Growth Rate | CAGR of 6.25% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in the Radiation Resistant Composite Market |
|
Customization Scope | Free report customization with purchase |
Radiation Resistance Composite Market Segmentation:
By Type
- Polymer Matrix Composites(PMCs)
- Ceramic Matrix Composites (CMCs)
- Metal Matrix Composites (MMCs)
- Hybrid Composites
By Application
- Nuclear Power Plants
- Aerospace and Defense
- Healthcare
- Research Facilities
By Region
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East & Africa
- Saudi Arabia
- United Aran Emirates
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Others
Frequently Asked Questions (FAQs)
The radiation resistant composite market is expected to grow at a CAGR of 6.25% during the forecast period.
Rising demand from aerospace, defense, and nuclear industries, along with advancements in material science, are anticipated to drive the growth of the radiation resistant composite market.
The North American region is anticipated to hold a significant share of the radiation resistant composite market.
The Radiation Resistant Composite Market has been segmented by Type, Application, and Geography.
2024 has been taken as the base year in the radiation resistant composite market.
1. EXECUTIVE SUMMARY
2. MARKET SNAPSHOT
2.1. Market Overview
2.2. Market Definition
2.3. Scope of the Study
2.4. Market Segmentation
3. BUSINESS LANDSCAPE
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Industry Value Chain Analysis
3.6. Policies and Regulations
3.7. Strategic Recommendations
4. TECHNOLOGICAL OUTLOOK
5. RADIATION-RESISTANT COMPOSITES MARKET BY MATERIAL TYPE
5.1. Introduction
5.2. Polymer Matrix Composites (PMCs)
5.3. Ceramic Matrix Composites (CMCs)
5.4. Metal Matrix Composites (MMCs)
5.5. Hybrid Composites
6. RADIATION-RESISTANT COMPOSITES MARKET BY APPLICATION
6.1. Introduction
6.2. Nuclear Power Plants
6.3. Aerospace and Defense
6.4. Healthcare
6.5. Research Facilities
7. RADIATION-RESISTANT COMPOSITES MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Others
7.5. Middle East & Africa
7.5.1. Saudi Arabia
7.5.2. United Aran Emirates
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. India
7.6.3. Japan
7.6.4. South Korea
7.6.5. Taiwan
7.6.6. Thailand
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Toray Industries
9.2. DuPont
9.3. Teijin Aramid
9.4. Mitsubishi Chemical Corporation
9.5. Hanwha Advanced Materials
9.6. Kolon Industries
9.7. Kureha Corporation
9.8. Asahi Kasei Corporation
9.9. Marshield
9.10. Infab LLC
10. APPENDIX
10.1. Currency
10.2. Assumptions
10.3. Base and Forecast Years Timeline
10.4. Key benefits for the stakeholders
10.5. Research Methodology
10.6. Abbreviations
Toray Industries
DuPont
Teijin Aramid
Mitsubishi Chemical Corporation
Hanwha Advanced Materials
Kolon Industries
Kureha Corporation
Asahi Kasei Corporation
MarShield
Infab LLC
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