Radioactive Waste Management Market Segment Forecasts up to 2023

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Radioactive Waste Management Market:
Global Industry Analysis, Size, Share,
Analysis, Growth, Trends and Forecast
2015 - 2023
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REPORT DESCRIPTION
In 2014, the total power generated by these facilities is around 2,364 billion kWh. Nuclear waste
management costs around 5% of the total cost of the electricity generated. Nuclear power plants provide
around 15% of world’s electricity with more than 430 nuclear power plants operating worldwide to
generate electricity and numerous research reactors. There are around 75 new nuclear plants under
construction in 15 countries. There are more than 10 countries across the globe that relies on nuclear
energy to supply at least one forth of their total electricity.
Browse Radioactive Waste Management Market Report with Full TOC at
http://www.transparencymarketresearch.com/radioactive-waste-management-market.html
There are two sources of nuclear wastes: waste produced from the nuclear power plant as a by-product or
from other miscellaneous applications such as research and medicine and contains radioactive material.
Nuclear waste is hazardous to most forms of life and is regulated by the government agencies. Most of the
fuel used in nuclear power plants consists of small uranium pellets which are stacked inside an alloy fuel
and is stored in airtight steel or concrete and steel containers or in steel-lined concrete pools filled with
water.
Nuclear waste is radioactive and hot when it is taken out of the reactor and should be disposed properly to
protect human beings as well as environment. Nuclear waste can remain radioactive for a very long time
and it is difficult to find a disposal facility for radioactive waste. A disposable facility should be able to
contain waste for a long time and is chosen on the bases of type of waste being disposed. Radioactive
waste disposal technologies have been evolving and strict environmental protection and population
prevention standards are maintained. Due to the complicated regulatory structure for managing nuclear
waste, disposingthe waste is a complex issue. Despite of the number of time a nuclear fuel is used, it is
disposed in a permanent geologic repository. For an integrated used nuclear fuel management program,
underground disposal in a specially designed facility is an essential element.
On the basis of types of nuclear waste, the global radioactive waste management market can be
segmented into exempt waste (EW), long and intermediate level waste (LILW) and High level waste (HLW).
Items that have been in contact with radioactive materials such as tools, gloves, purification filters and
personal protective clothing are categorized as low level radioactive waste.
There is approximately 270,000 tons of used fuel. Approximately 90% of used fuel is in storage ponds and
the rest in dry storage. Nuclear fuel waste is arising 12,000 tons per year and about 3,000 tons of the
waste is reprocessed. In 2010, majority of the nuclear waste was generated from the U.S.; which is about
280,000 tones followed by France which is around 159000 tons and Germany which produced around
45,000 tones.
The Fukushima nuclear accident in Japan has compelled many countries to reduce dependency on nuclear
power plants and focus on other sources to produce electricity. Even countries such as Switzerlandand
Germany have fixed a timeline for shutdown all of their nuclear plants. Most of the nuclear plants in the
world are more than 30 years old. Dismantling a nuclear facility is also a problem for the industry.
Some of the key companies in the global radioactive waste management market include Swedish Nuclear
Fuel and Waste Management Company, Ecology Services, Inc., Veolia Environmental Services and Kurion
Inc among others.
This research report analyzes this market on the basis of its market segments, major
geographies, and current market trends. Geographies analyzed under this research report
include
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North America
•
Asia Pacific
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Europe
•
Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
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Factors limiting market growth
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Current market trends
•
Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of
competitors
•
It helps in making informed business decisions by having complete insights of market and by
making in-depth analysis of market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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In 2014, the total power generated by these facilities is around 2,364 billion kWh. Nuclear waste management costs around 5% of the total cost of the electricity generated. Nuclear power plants provide around 15% of world’s electricity with more than 430 nuclear power plants operating worldwide to generate electricity and numerous research reactors. There are around 75 new nuclear plants under construction in 15 countries. There are more than 10 countries across the globe that relies on nuclear energy to supply at least one forth of their total electricity. Browse Radioactive Waste Management Market Report with Full TOC at http://www.transparencymarketresearch.com/radioactive-waste-management-market.html