Spent Fuel And Nuclear Waste Management Market To Receive An Overwhelming Increase In Revenue By 2027

The global spent fuel and nuclear waste management market is expected to grow at a strong CAGR by 2026. Some of the key factors influencing the growth of the market include huge demand for waste management services, growing reliance on fuels fossil fuels and current and future nuclear power plant decommissioning activities. However, the high initial cost and high payback period limit the market growth.

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Nuclear waste generally refers to the materials or residue left after the combustion of nuclear fuel in reactors. These residues mainly include radioactive materials that can cause acute radiation illnesses.

Based on the application, boiling water reactors are witnessing significant growth in the coming years. These reactors operate at a lower fuel temperature and require lower pressure compared to pressurized water reactors. The boiling water reactor segment is therefore poised to show a higher CAGR than pressurized water reactors.

By geography, Asia-Pacific is expected to grow to a considerable market share over the forecast period. Asia-Pacific has the highest number of power generation projects underway. In addition, China is accelerating the development of third-generation nuclear power plants, both in terms of national design and nuclear projects under construction.

Some of the key players in the global spent fuel and nuclear waste management market are Studsvik AB, Perma-Fix Environmental Services, Veolia Environnement SA, SNC Lavalin Group Inc, Bechtel Group Inc., Enercon Services, Inc., Posiva Oy, Fluor Corporation, Chase Environmental Group and Magnox Technologies Pvt. ltd.

Sources covered:
• Radioactive mining, milling and extraction activities
• Military and defense programs
• Nuclear fuel cycle facilities
• Research, medical and industrial source
• Nuclear power reactors
• Other sources

• Types covered:
• Very low level waste
• Low level waste
• Intermediate – Level Trash
• High Level Waste
• Other types

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Applications covered:
• Gas-cooled reactors
• Pressurized heavy water reactors
• Boiling water reactors
• Pressurized water reactors
• Other apps

Regions covered:
• North America
o United States
o Canada
o Mexico
• Europe
o Germany
o United Kingdom
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia-Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East and Africa
Saudi Arabia
o WATER
oQatar
o South Africa
o Rest of the Middle East and Africa

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– Market share assessments for regional and country segments
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– Market forecasts for a minimum of 9 years of all mentioned segments, sub-segments and regional markets
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– Strategic analysis: drivers and constraints, product/technology analysis, analysis of Porter’s five forces, SWOT analysis, etc.
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