APAC Inorganic Scintillators Market

APAC Inorganic Scintillators Market Size & Growth (2023 to 2028):

As per the research report, the size of the Asia-Pacific Inorganic Scintillators market is valued at USD 57.37 million in 2023 and is expected to reach USD 78.41 million by 2028 to grow at 6.45% CAGR from 2023 to 2028. 

Scintillators are materials that exhibit scintillation i.e. the property of luminescence when radiated upon by ionizing radiations. Luminescent materials, when collided with an incoming particle, absorb its energy and scintillate i.e. re-emit the absorbed energy in the form of light. Every so often, the excited state is metastable, so the relaxation back down from the excited state to lower states is delayed. The process then leads into either one of the two phenomena, depending on the type of transition and hence the wavelength of the emitted optical photon: delayed fluorescence or phosphorescence, also called after-glow.

The rise in the trend of using low-cost scintillating materials for the purpose of radiation detection has been a key factor driving the growth of the market. Growth in the demand for domestic security materials has resulted in pushing the demand for inorganic scintillators market. The medical imaging sector has also witnessed a rise in the trend of using radiation detection materials owing to their superior properties. Emerging economies are improving their security systems including stations, ports, and airports with the use of radiation detection systems. Radiation detection materials are being used for domestic security purposes owing to the rising threat of nuclear bombs and terrorist attacks. This has resulted in increased use of radiation detection materials in their security by governments thereby placing radiation detection equipment at points of entry at various ports, stations, and airports.

This research report on the APAC Inorganic Scintillators Market has been segmented and sub-segmented into the following categories:

By Scintillation Material:

• NaI
• CsI
• LSO
• LYSO

By Type:

• Alkali Halides
• Rare Earth Metals

By Application:

• Healthcare
• Homeland Security & Defense
• Nuclear Power Plants

By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Asia-Pacific is expected to register the highest growth rate in the coming years. Emerging economies including India and China are working in improving their security systems at stations, ports, and airports by installing radiation detection systems. The emerging markets are expected to offer high potential over the coming years with an emphasis on India, China, and Japan. This can be attributed to factors such as high spending on homeland security in Asia, Japan's decision to continue with the use of nuclear power, high growth expected in China's nuclear power industry, presence of global and local players in the Chinese market, an increasing number of nuclear power plants in India, and increasing installations of nuclear imaging systems in India.

The Top companies leading in the APAC Inorganic Scintillators market profiled in the report are Scintacor, EPIC Crystal Company Limited, Amcrys, Alpha Spectra, Saint Gobain S.A., Hamamatsu Photonics K.K., Dynasil Corporation of America, Hitachi Metals Group, Rexon Components Inc., Detec, Toshiba Materials Co., Ltd., Inc. Shanghai SICCAS High Technology Corporation and Nihon Kessho Kogaku Co. Ltd.