Market Overview:
The global dry type reactors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electric power and industrial applications, and rising concerns over environmental pollution. The global dry type reactors market is segmented by type, application, and region. By type, the market is divided into air-core and iron core reactors. Air-core reactors are further classified into tubular reactor and plate reactor segments. Iron core reactors are further classified into shell & tube reactor segment and cast iron reactor segment. By application, the market is divided into industrial applications, electric power generation applications, special environment applications (such as desalination plants), and others (such as research institutes). The industrial application segment dominates the global dry type reactors market with a share of more than 60%.
Product Definition:
A dry type reactor is a reactor that does not use water to cool the reactor core. This type of reactor is important because it can operate at high temperatures and pressures, which allows for more efficient fuel utilization.
Air-Core:
Air-core is a type of fuel assembly, which consists of an air bladder enclosed in a metal or composite capsule. The air bladder is the part that expands and contracts with changes in the pressure and volume of reactant/product. Air-cores are used as an alternative to liquid fuel for nuclear power plants as they have significantly lower specific gravities than most liquids, making them ideal for use in aircraft engines.
Iron Core:
Iron core is a type of fuel assembly used in nuclear reactors. It has an advantage over the conventional cladding materials such as zirconium and ceramics; it can withstand high temperatures without melting or vaporizing. The reactivity of iron-based fuels can be controlled by controlling the oxidation state (from +2 to -2) through control rods, which are made from materials such as boron, carbon & nitrogen.
Application Insights:
The industrial segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for dry type reactors from various industries such as pharmaceutical, food and beverage, chemical, metal and mining, pulp and paper. Dry type reactors are used for processing of hazardous waste that requires high level of safety due to their reactivity characteristics.
Dry type reactors are widely used across multiple sectors such as power generation (electricity production), oil refining (petroleum refineries) owing to its ability to provide consistent heat & pressure while eliminating any airborne contaminants at a molecular level without creating toxic gases or liquids during the process. These aforementioned factors are expected drive their demand over the forecast period thereby contributing towards significant market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of nuclear power generating companies such as China General Nuclear Power Corp., China Huaneng Group, and India's Jaitapur project are expected to drive demand for dry type reactors in this region. In addition, growing electricity demand from countries such as Japan, South Korea, Singapore among others is anticipated to fuel regional growth.
Europe accounted for a significant share of global revenue owing to large-scale deployment of these reactors across France (Sorbonne University), Russia (Novovoronezh II), Finland ( Olkiluoto 3 & 4) among other countries. However, slowdowns in reactor construction projects due to lack of funding or political uncertainties are likely to affect dry type reactor market growth over the next eight years. North America also accounted for a significant share owing rising interest towards nuclear energy along with strict regulations on greenhouse gas emissions by governments across U.S.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional wet-type reactors
- Rising costs of traditional wet-type reactors due to water usage, cooling requirements, and safety concerns
- Development of new dry-type reactor designs that are more efficient and safer than current technologies
- Growing interest in nuclear power as a source of carbon-free energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Type Reactors Market Research Report
By Type
Air-Core, Iron Core
By Application
Industrial, Electric Power, Special Environment, Others
By Companies
Hitachi, GE Grid Solutions, Trench, SGB-SMIT, FDUEG, EBG Srl, Suenn Liang Electric, CEEG, Eaglerise Electric & Electronic Co., Ltd, Hada Electric, ZhongYang Electric, Zhiyue Group, Hainan Jinpan Smart Technology Co., Ltd, Tebian Electric Apparatus Stock Co. Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Dry Type Reactors Market Report Segments:
The global Dry Type Reactors market is segmented on the basis of:
Types
Air-Core, Iron Core
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Electric Power, Special Environment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hitachi
- GE Grid Solutions
- Trench
- SGB-SMIT
- FDUEG
- EBG Srl
- Suenn Liang Electric
- CEEG
- Eaglerise Electric & Electronic Co., Ltd
- Hada Electric
- ZhongYang Electric
- Zhiyue Group
- Hainan Jinpan Smart Technology Co., Ltd
- Tebian Electric Apparatus Stock Co. Ltd
Highlights of The Dry Type Reactors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air-Core
- Iron Core
- By Application:
- Industrial
- Electric Power
- Special Environment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Type Reactors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry type reactors are a type of nuclear reactor that does not use water to cool the reactor. This makes them more efficient and allows for larger reactors.
Some of the major players in the dry type reactors market are Hitachi, GE Grid Solutions, Trench, SGB-SMIT, FDUEG, EBG Srl, Suenn Liang Electric, CEEG, Eaglerise Electric & Electronic Co., Ltd, Hada Electric, ZhongYang Electric, Zhiyue Group, Hainan Jinpan Smart Technology Co., Ltd, Tebian Electric Apparatus Stock Co. Ltd.
The dry type reactors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dry Type Reactors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dry Type Reactors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dry Type Reactors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dry Type Reactors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dry Type Reactors Market Size & Forecast, 2018-2028 4.5.1 Dry Type Reactors Market Size and Y-o-Y Growth 4.5.2 Dry Type Reactors Market Absolute $ Opportunity
Chapter 5 Global Dry Type Reactors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dry Type Reactors Market Size Forecast by Type
5.2.1 Air-Core
5.2.2 Iron Core
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dry Type Reactors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dry Type Reactors Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Electric Power
6.2.3 Special Environment
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dry Type Reactors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dry Type Reactors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dry Type Reactors Analysis and Forecast
9.1 Introduction
9.2 North America Dry Type Reactors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dry Type Reactors Market Size Forecast by Type
9.6.1 Air-Core
9.6.2 Iron Core
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dry Type Reactors Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Electric Power
9.10.3 Special Environment
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dry Type Reactors Analysis and Forecast
10.1 Introduction
10.2 Europe Dry Type Reactors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dry Type Reactors Market Size Forecast by Type
10.6.1 Air-Core
10.6.2 Iron Core
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dry Type Reactors Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Electric Power
10.10.3 Special Environment
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dry Type Reactors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dry Type Reactors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dry Type Reactors Market Size Forecast by Type
11.6.1 Air-Core
11.6.2 Iron Core
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dry Type Reactors Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Electric Power
11.10.3 Special Environment
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dry Type Reactors Analysis and Forecast
12.1 Introduction
12.2 Latin America Dry Type Reactors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dry Type Reactors Market Size Forecast by Type
12.6.1 Air-Core
12.6.2 Iron Core
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dry Type Reactors Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Electric Power
12.10.3 Special Environment
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dry Type Reactors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dry Type Reactors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dry Type Reactors Market Size Forecast by Type
13.6.1 Air-Core
13.6.2 Iron Core
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dry Type Reactors Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Electric Power
13.10.3 Special Environment
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dry Type Reactors Market: Competitive Dashboard
14.2 Global Dry Type Reactors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi
14.3.2 GE Grid Solutions
14.3.3 Trench
14.3.4 SGB-SMIT
14.3.5 FDUEG
14.3.6 EBG Srl
14.3.7 Suenn Liang Electric
14.3.8 CEEG
14.3.9 Eaglerise Electric & Electronic Co., Ltd
14.3.10 Hada Electric
14.3.11 ZhongYang Electric
14.3.12 Zhiyue Group
14.3.13 Hainan Jinpan Smart Technology Co., Ltd
14.3.14 Tebian Electric Apparatus Stock Co. Ltd