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Global Nuclear Waste Management Market - Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

Nuclear waste contains radioactive material, which is the byproduct of nuclear power generation or nuclear fission applications.

 

Portland, OR -- (SBWIRE) -- 07/24/2017 -- Nuclear waste contains radioactive material, which is the byproduct of nuclear power generation or nuclear fission applications. This waste can be of high, intermediate, and low level depending on the amount of radioactive material present in it. High level nuclear waste is produced from a nuclear reactor, which has used nuclear fuel for about three years generating heat for electricity and contains 95% radioactive material. According to Nuclear Energy Institute, nuclear industry lobbying group in the U.S., a nuclear power plant generates 20 metric tons of used nuclear fuel in a year. The entire nuclear industry has produced about 76,430 metric tons of used nuclear fuel in the last four decades. The nuclear waste produced is hazardous to the environment and humans and thus should be disposed properly by deep and permanent burial. The global nuclear waste management market is expected to grow at a CAGR of 16.3% from 2017 to 2025.

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The global nuclear waste management market is segmented based on waste type, nuclear reactors, and geography. Based on the waste type, the market is divided into low level, intermediate level, and high level waste. Based on the nuclear reactor, the market is categorized into boiling water reactors, gas cooled reactors, pressurized water reactors, pressurized heavy water reactors, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Increase in consumption of energy across the globe

Shift in alternative source of energy

Restraints:

Risk associated with transportation of waste

High cost of nuclear waste treatment

Market Players:

The top players in the global solar energy market include American Waste Management Services Inc., Areva Inc., Bartlett Nuclear Inc., Cabrera Services Inc., Ecology Services Inc., Mid-Counties Waste Management Services Ltd., Nuclear Research and Consulting Group, Pangea Resources Pty., Ltd., Radiation Decontamination Solutions LLC, and SA Radiation Pty. Ltd.

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Table Of Contents:

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter's Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Nuclear Waste Management Market Shares Analysis, 2014-2025
3.4.1. Global nuclear waste management market share by waste type, 2014-2025
3.4.2. Global nuclear waste management market share by nuclear reactor, 2014-2025
3.4.3. Global nuclear waste management market share by geography, 2014-2025
4. Market by Waste Type
4.1. Low Level
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Intermediate Level
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
4.3. High Level
4.3.1. Historical Market Size by Region, 2014-2016
4.3.2. Market Forecast by Region, 2017-2025
5. Market by Nuclear Reactor
5.1. Boiling Water Reactors