The global nuclear waste management market is segmented based on waste type, nuclear reactors, and geography.
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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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.
- Increase in consumption of energy across the globe
- Shift in alternative source of energy
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- Risk associated with transportation of waste
- High cost of nuclear waste treatment
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.
By Waste Type
- Low Level
- Intermediate Level
- High Level
By Nuclear Reactor
- Boiling Water Reactors
- Gas Cooled Reactors
- Pressurized Water Reactors
- Pressurized Heavy Water Reactors
- North America
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Table Of Contents:
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
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 Challeng
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
Market by Nuclear Reactor
5.1. Boiling Water Reactors
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Gas Cooled Reactors
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