According to a new report by Transparency Market Research (TMR) titled ‘EMI Shielding Materials Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026’, the global EMI shielding materials market was valued at around US$ 5,400 Mn in 2017 and is anticipated to expand at a CAGR of over 6% from 2018 to 2026. Electromagnetic interference (EMI) can be defined as the electromagnetic field in radio frequency spectrum caused by nearby electronic devices, which can negatively affect the working of electronic devices located in surrounding areas. The electromagnetic field is also harmful to humans. Hence, EMI shielding materials such as metals, laminates, and conductive coatings are used to surround electronic devices and guard them against electromagnetic frequencies. These materials are extensively employed in defense, electronics, aerospace, automotive, and other industries where large amounts of electronic communication are used. Majority of electronic devices and equipment that are sold across the globe are manufactured in Asia Pacific and exported to other regions such as North America, Europe, Latin America, and Middle East & Africa. Hence, Asia Pacific is a major consumer of EMI shielding materials.
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