The global nuclear waste management system market is anticipated to grow at a considerable CAGR of 2.1% during the forecast period (2024-2031). The growing development of nuclear weapons by major economies has led to pile up of nuclear waste; which in turn creating the demand for its management; thereby driving the global nuclear power waste management market. For instance, in May 2023, Westinghouse Electric Company launched newest nuclear technology, the AP300 small modular reactor (SMR), a 300-MWe (900MWth) single-loop pressurized water reactor. 

The AP300 SMR design is scaled from the advanced, proven AP1000 reactor and is the only SMR truly based on an Nth-of-a-kind operating plant. The AP300 SMR is an ultra-compact, modular-constructed unit that leverages the innovation and operational knowledge of the global AP1000 fleet. It will utilize identical AP1000 technology, to include major equipment, structural components, passive safety, proven fuel, and I&C systems. The AP300 will bring to bear a mature supply chain, constructability lessons learned, fast load-follow capabilities and proven O&M procedures and best practices from 18 reactor years of safe AP1000 operations.

Further, in September 2021, China opened its first plant to turn radioactive waste into glass. The plant in Guangyuan in the southwestern province of Sichuan will be able to process several hundred cubic metres of high level radioactive liquid waste each year Such developments are further contributing to the growth of the global market.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2023-2031

Segment Covered- 

By Waste Type
By Reactor Type
By End-User

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Fluor Corp., Bechtel Corp., Westinghouse Electric Company LLC, Veolia Environnement SA, Perma-Fix Environmental Services, Inc. among others.

Nuclear Waste Management System Market Report Segment

By Waste Type 

Low-level Waste
Intermediate-level Waste
High-level Waste 

By Reactor Type 

Pressurized Water Reactor
Boiling Water Reactor
Pressurized Heavy Water Reactor
Gas Cooled Reactor
Others

By End-User

Utility
Industrial

A full Report of Nuclear Waste Management System Market is Available @  https://www.omrglobal.com/industry-reports/nuclear-waste-management-system-market

Nuclear Waste Management System Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Agence Nationale pour la gestion des déchets radioactifs (ANDRA)
Augean PLC
Bechtel Corp.
BHI Energy
Cabrera Services Inc.
Chase Environmental Inc.
Enercon Services Inc.
EnergySolutions Inc.
Fluor Corp.
Holtec International Corp.
JGC Corp.
Orano SA
Perma-Fix Environmental Services Inc.
Stericycle Inc.
Studsvik AB
US Ecology Inc.
Veolia Environment SA
Waste Control Specialists LLC
Westinghouse Electric Company LLC (Toshiba)

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