Nuclear Waste Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecas

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 to Become Crucial as Emerging
Economies Increase their Existing Nuclear Capacity, says
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
The value chain of the global nuclear waste management market consists of numerous global players. The
vendor landscape of this market is therefore highly competitive, with companies such as Areva SA, Veolia
Environment Services, Bechtel Corporation, US Ecology, Inc., and Augean Plc., emerging as the most
prominent players. These companies exhibit a wide nuclear waste management services portfolio.
Among the aforementioned companies, Areva SA emerged dominant in the market on account of generating
more revenue in the nuclear waste management business than its competitors. Bechtel Corporation and Veolia
Environmental Services emerged as the second and third leading companies in the market, respectively. The
top three companies together held a share of nearly 75% in the global market in 2014, finds Transparency
Market Research (TMR).
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Mounting HLW Waste Makes Nuclear Waste Management Necessary
By waste type, these companies are mainly engaged in efficiently disposing high-level waste (HLW) generated
in nuclear power stations. The segment accounted for a share of 35.9% in the global nuclear waste
management market in 2015. Nuclear waste refers to residues or materials left after nuclear fuel is burnt in
reactors. These residues mainly include radioactive materials, known to cause radiation sickness. The
increasing population and the subsequently rising demand for electricity, the growing dependence on fossil
fuel, and the rising awareness regarding the benefits of energy derived from alternative sources are primary
factors boosting demand for nuclear waste management services.
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Nuclear Waste Management Market
On the flip side, the high initial investment required for these services and their high payback time are inhibiting
the growth trajectory of nuclear waste management to an extent. Nevertheless, TMR projects the market to
considerably benefit from the implementation of stringent emission control norms.
Increasing Installation of Pressurized Water Reactors to Fuel Demand for Nuclear Waste Management
Among the nuclear reactor types, the market is expected to witness the highest demand from the pressurized
water reactors segment. Demand from the boiling water reactors segment is expected to be the second in line.
As per TMR analysis, the pressurized water reactors segment held the dominant share of 69.3% in the market
in 2015. “Demand for nuclear waste management services is expected to increase at a robust pace in the near
future,” revealed an analyst at TMR. “Since these reactors can operate in lower fuel temperature and require
lower pressure, their installations are expected to increase, thus boosting demand for nuclear waste
management at the highest pace,” he added.
Prospects for the Market to be Most Lucrative in Europe and Asia Pacific
Regionally, Europe, Asia Pacific, North America, and Rest of the World are the key segments of the global
nuclear waste management market. Of these, Europe is currently exhibiting the most attractive opportunities
for nuclear waste management, followed by Asia Pacific. These regions together account for the largest
number of nuclear reactors in the world, which makes them the most lucrative regions for vendors offering
nuclear waste management services. In 2015, the market for nuclear waste management in Europe accounted
for a share of 41.3% in the global market, states TMR.
The investments in nuclear power projects in Europe are expected to surge exponentially in the forthcoming
years, thus bolstering opportunities for nuclear waste management. North America however is expected to
report moderate prospects for the market due to the shale gas boom in the region. Nevertheless, Asia Pacific is
expected to emerge as the fastest growing market for nuclear waste management with China planning to
double its existing nuclear capacity by 2020. As per TMR growth opportunities for the market reported by Asia
Pacific is expected to surpass that of Europe’s by 2024.
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Nuclear Waste Management Market
As per TMR findings, the global nuclear waste management market is forecasted to exhibit a CAGR of 16.7%
from 2016 and 2024. The market is projected to reach US$5,627.5 mn by 2024 from a valuation of US$1,382
mn in 2024.
Browse the Full “Nuclear Waste Management Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 – 2024”Report
at:http://www.transparencymarketresearch.com/nuclear-waste-management-market.html
The review is based on report, titled “Nuclear Waste Management- Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2016 – 2024” published by Transparency Market Research.
The report segments the global nuclear waste management market as:
Nuclear Waste Management Market: By Waste Type
-Low Level Waste
-Intermediate Level Waste
-High Level Waste
Nuclear Waste Management Market: By Nuclear Reactor
-Boiling Water Reactors
-Gas Cooled Reactors
-Pressurized Water Reactors
-Pressurized Heavy Water Reactors
-Others
Nuclear Waste Management Market: By Region
-North America
-U.S.
-Canada
-Mexico
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Nuclear Waste Management Market
-Europe
-France
-Russia
-Rest of Europe
-Asia Pacific
-China
-Japan
-Rest of Asia Pacific
-Rest of the World
-Argentina
-South Africa
-Others
TABLE OF CONTENT
Preface
Report Description
Research Scope
Market Segmentation
Research Methodology
Executive Summary
Nuclear Waste Management Market: Snapshot
Nuclear Waste Management Market – Industry Analysis
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Nuclear Waste Management Market
Introduction
Value Chain Analysis
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat from New Entrants
Threat from Substitutes
Degree of Competition
Market Attractiveness Analysis
Market Attractiveness Analysis, by Regional Segment (2014)
Company Market Share Analysis (2014)
Nuclear Waste Management Market – Segment By Waste Type, By Revenue (US$ Mn), 2014-2024
Overview
Low Level Waste
Intermediate Level Waste
High Level Waste
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Nuclear Waste Management Market
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
Overview
North America
U.S.
Canada
Mexico
Europe
France
Russia
Rest of Europe
Asia Pacific
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Nuclear Waste Management Market
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
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.
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Nuclear Waste Management Market
US Ecology, Inc.
Veolia Environmental Services
Waste Control Specialists, LLC
Browse All Energy Market Research Reports: http://www.transparencymarketresearch.com/energymarket-reports-3.html
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Nuclear Waste Management Market
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 forward-looking
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 business
offerings represent the latest and the most reliable information indispensable for businesses to sustain a
competitive edge.
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Global Nuclear Waste Management Market to reach US$5.63 bn by 2024 at CAGR of 16.7%, global industry to be driven by rising investments in nuclear power across the world. Download the Exclusive Report Sample Here :http://bit.ly/2iWRu3Z