Nuclear Waste Management Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024

Transparency Market
Research
Nuclear Waste Management Market - Global Industry Analysis,
Size, Share, Growth Trends, and Forecast 2016 - 2024
Published Date
17-May-2016
99 Page Report
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Press Release
Nuclear Waste Management Market to Account for US$5.63 bn in
Revenue by 2024; Influx of Investments to Support Growth:TMR
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Nuclear Waste Management Market
REPORT DESCRIPTION
Nuclear Waste Management Market - Global Industry Analysis, Size, Share, Growth Trends, and
Forecast 2016 - 2024
Transparency Market Research has released a new market report titled Nuclear Waste Management Market
- Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024. According to this report,
the global nuclear waste management market stood at US$1,382.0 Mn in 2015 and is expected to reach
US$5,627.5 Mn by 2024 at a CAGR of 16.7% from 2016 to 2024.
Complete Report with TOC : http://www.transparencymarketresearch.com/nuclear-waste-managementmarket.html
Nuclear wastes are materials or residues of burning of nuclear fuel in the reactor. They consist of
radioactive materials, which cause acute radiation sickness. Nuclear wastes comprise small uranium
pellets deep inside alloy fuel rods. Disposal of high level radioactive by-products is necessary. This creates
the need for nuclear waste management services. Nuclear waste can never be unshielded, so it is kept
under water for a few years in order to minimize the radiation to a suitable level. After this process, final
disposal of nuclear waste is done.
Nuclear waste management refers to disposal facilities which are widely used to store hazardous wastes
away from the reach of general public. Time frame for storing waste depends upon the type of waste and
radioactive isotopes. Nuclear waste management companies are also engaged in nuclear reactor
decommissioning process and have disposal facilities and repositories for final disposal of nuclear waste
during dismantling of nuclear reactors. The nuclear waste management market is highly fragmented with
major players driving the market with agreements, acquisitions, and expansion of disposal facilities to
develop a competitive position for themselves. A typical nuclear power plant has an average life of 30-35
years and is licensed to operate up to 35 years. If licenses are not renewed, the nuclear plant would go
through a decommissioning process which involves disposal of radioactive wastes and dismantling of
nuclear reactors. Nuclear power plant decommissioning has become a profitable business and majority of
companies have started offering nuclear decommissioning services.
Research and development in demonstration and adoption of improved and efficient fuel cycle technology
would reduce the heat, volume, and toxicity of nuclear wastes placed in repositories. Rapid population
growth, high dependency on fossil fuels, decommissioning of old nuclear reactors, increasing electricity
demand, strict government regulations to minimize harmful emissions, and high awareness among
government institutions in different countries about proper radioactive disposal are the primary drivers for
the nuclear waste management market.. Efficient nuclear waste management services would drive the
market for nuclear waste management in the next few years.
Demand for electricity is increasing twice as fast as overall energy usage and it is expected to be doubled
by 2030. For clean and quick energy requirements investments in nuclear power are expected to rise in the
next few years. High dependency on fossil fuels has resulted in excess depletion of non-renewable energy
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Nuclear Waste Management Market
resources, leading to a shift towards alternative sources of energy. The world currently lacks energy
security and efficient access to electricity. Research and development activities, focusing on more efficient
nuclear waste disposal systems would help overcome the challenge of safe disposal of hazardous nuclear
wastes. Environmental and climate norms are focusing more on clean energy solutions. Clean and quick
energy in line with low harmful emissions is among the top priorities of corporate environmental
management programs. Toxicity of nuclear waste can be minimized through establishment of efficient
disposal facilities and repositories.
The nuclear waste management market has been segmented in terms of waste type, nuclear reactor type
and geography. By waste type, the nuclear waste management market has been segmented into low level
waste, intermediate level waste, and high level waste. By nuclear reactor type, the market has been
segmented into boiling water reactors, gas cooled reactors, pressurized water reactors, pressurized heavy
water reactors, and others. High level waste type held the largest share (35.9%), followed by intermediate
level waste type (32.9%) in 2015. By nuclear reactor type, pressurized water reactors held the largest
share (69.3%) in 2015. The global nuclear waste management market is witnessing an influx of
investments. Demand for nuclear waste management services is projected to increase significantly, as
high investments in nuclear power are expected in the near future coupled with strict government
regulations to minimize harmful emissions. The nuclear waste management market has been segmented
as follows:
Nuclear Waste Management Market: By Waste Type
•
Low Level Waste
•
Intermediate Level Waste
•
High Level Waste
Nuclear Waste Management Market: By Nuclear Reactor
•
Boiling Water Reactors
•
Gas Cooled Reactors
•
Pressurized Water Reactors
•
Pressurized Heavy Water Reactors
•
Others
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Nuclear Waste Management Market
Nuclear Waste Management Market: By Region
North America
U.S.
Canada
Mexico
Europe
France
Russia
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia Pacific
Rest of the World
Argentina
South Africa
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Nuclear Waste Management Market
Others
Interpret a Competitive outlook Analysis Report with free PDF Brochure :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11246
TABLE OF CONTENT
Table of Content
Preface
Report Description
Research Scope
Market Segmentation
Research Methodology
Executive Summary
Nuclear Waste Management Market: Snapshot
Nuclear Waste Management Market – Industry Analysis
Introduction
Value Chain Analysis
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Porter’s Five Forces Analysis
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Nuclear Waste Management Market
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat from New Entrants
Threat from Substitutes
Degree of Competition
Market Attractiveness Analysis
Market Attractiveness Analysis, by Regional Segment (2014)
Company Market Share Analysis (2014)
Nuclear Waste Management Market – Segment By Waste Type, By Revenue (US$ Mn), 2014-2024
Overview
Low Level Waste
Intermediate Level Waste
High Level Waste
Nuclear Waste Management Market – Segment By Nuclear Reactor Type, By Revenue (US$ Mn), 20142024
Overview
Boiling Water Reactors
Gas Cooled Reactors
Pressurized Water Reactors
Pressurized Heavy Water Reactors
Others
Nuclear Waste Management Market – Segment By Geography, By Revenue (US$ Mn), 2014-2024
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Nuclear Waste Management Market
Overview
North America
U.S.
Canada
Mexico
Europe
France
Russia
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia Pacific
Rest of the World (ROW)
Argentina
South Africa
Others
Company Profile
Areva SA
Company Overview
Financial Overview
Business Strategy
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Nuclear Waste Management Market
Recent Development
(*Note: Similar segmentation will be provided for each companies mentioned below)
Augean Plc
Bechtel Corporation
BHI Energy
Perma-Fix Environmental Services, Inc.
Swedish Nuclear Fuel and Waste Management Co.
Stericycle, Inc.
US Ecology, Inc.
Veolia Environmental Services
Waste Control Specialists, LLC
Complete Report with TOC : http://www.transparencymarketresearch.com/nuclear-waste-managementmarket.html
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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sustain a competitive edge.
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Nuclear Waste Management Market
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Transparency Market Research has released a new market report titled Nuclear Waste Management Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024. According to this report, the global nuclear waste management market stood at US$1,382.0 Mn in 2015 and is expected to reach US$5,627.5 Mn by 2024 at a CAGR of 16.7% from 2016 to 2024. Interpret a Competitive outlook Analysis Report with free PDF Brochure : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11246 Nuclear wastes are materials or residues of burning of nuclear fuel in the reactor. They consist of radioactive materials, which cause acute radiation sickness. Nuclear wastes comprise small uranium pellets deep inside alloy fuel rods. Disposal of high level radioactive by-products is necessary. This creates the need for nuclear waste management services. Nuclear waste can never be unshielded, so it is kept under water for a few years in order to minimize the radiation to a suitable level. After this process, final disposal of nuclear waste is done.