Global Nuclear Waste Management Market was valued US$ XX Bn in 2018 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast.




Global nuclear waste management market is segmented based on waste type, reactor type, application, and region. On the basis of waste type, nuclear waste management market is divided into low-level, high-level, and intermediate-level waste. On the basis of reactor type, nuclear waste management market is categorized as pressurized water, boiling water, and gas cooled reactor. Industrial and utility are end user segment of nuclear waste management market. Regionally, nuclear waste management market analysed is across North America, Europe, Asia-Pacific, Middle East and Latin America.




Rising clean energy requirements through nuclear power plants will augment the growth in nuclear waste management market. Nuclear waste recycling extends available uranium life and is an efficient & effective way in order to reduce waste amount. Stringent norms coupled with regulations to inhibit toxic nuclear emissions worldwide and mandating more investments in nuclear power projects drives the global nuclear waste management market. However, risk associated with transportation of nuclear waste and the high cost of treatment restrains the market growth.







Global Nuclear Waste Management Market Application




Pressurised water reactors segment holds maximum share of the nuclear waste management market. Most of the reactors will come into operation in the coming years and as a result, the demand for nuclear waste disposal sites will increase. This will, in turn, drive the nuclear waste management market growth prospects in this segment.




High level waste accounts for 90% in nuclear waste management market. High level waste can have short and long lived components depending upon the time it will take for the radioactivity to decrease to levels that is not considered harmful for humans and surrounding environment.




Industries like mining, defence, medicine, scientific research, nuclear power generation produces by-products that include radioactive waste. Radioactive waste is extremely toxic as it can remain radioactive for so long and can cause acute radiation sickness when it first comes out of the reactor.




Increase in demand for energy from emerging economies, such as China and India, coupled with the excessive amount of greenhouse gases emissions from coal-fired capacity has forced these countries to invest significantly in alternatives, such as nuclear power generation. Also, economic development in Asia Pacific has resulted into leading to an exponential demand for energy, which has subsequently led to the growth of the nuclear power industry also the nuclear waste management market.




Areva SA, Veolia Environment Services, Bechtel Corporation, US Ecology, Augean, BHI Energy, Perma-Fix, Environmental Services, Inc., Swedish Nuclear Fuel and Waste Management Co., Stericycle, Inc., Waste Control Specialists, LLC are players operating in the nuclear waste management market.




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Scope of the Global Nuclear Waste Management Market




Global Nuclear Waste Management Market by Waste Type:




Low-Level Waste
High Level Waste
Intermediate Level Waste

Global Nuclear Waste Management Market Reactor Type:




Pressurized Water Reactor
Boiling Water Reactor
Gas Cooled Reactor

Global Nuclear Waste Management Market Application:




Industrial
Utility

Key Players Analysed in Global Nuclear Waste Management Market:




Augean Plc
BHI Energy
Perma-Fix Environmental Services
Swedish Nuclear Fuel and Waste Management Co.
Stericycle, Inc.
US Ecology, Inc.
Veolia Environmental Services
Bechtel Corporation
Pangea Resources
Waste Control Specialists.
Advanced Nuclear Fuels
Nukem Energy GmbH
GNS GesellschaftfürNuklear
COVRA
Tekhsnabexport
TVEL
Urenco Group
New AREVA
DMT
Holtec International
North Wind Group
Swedish Nuclear Fuel and Waste Management Company
Veolia
Fluor Corporation
Bechtel Group Inc
Chase Environmental Group
Perma-Fix Environmental Services
Magnox Technologies Pvt. Ltd
Posiva Oy
Veolia Environment
Studsvik
SNC Lavalin Group Inc
Enercon Services, Inc.




 

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