Market Overview:
The global spent fuel and nuclear waste management market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for safe and secure disposal of nuclear waste. Based on type, the low level waste segment is projected to lead the spent fuel and nuclear waste management market during the forecast period. This can be attributed to its easy handling, storage, and transportation as compared with other types of nuclear wastes. However, high level wastes are expected to grow at a higher CAGR owing to their hazardous nature and stringent regulations imposed by various governments across the globe for their safe disposal. Based on application, boiling water reactors (BWRs) are projected account for majority share in terms of revenue in 2018; however gas cooled reactors (GCRs) are anticipated witness highest growth rate over the forecast period due growing popularity among utilities owing less complexity as compared with BWRs or pressurized water reactors (PWRs).
Product Definition:
Spent fuel and nuclear waste management is the process by which spent fuel and nuclear waste are managed. This includes the handling, storage, transportation, and disposal of these materials. The importance of spent fuel and nuclear waste management is that it helps to ensure the safety of people and the environment.
Low Level Waste:
Low level waste is nuclear waste that has been collected from commercial nuclear power plants and spent fuel rods from commercial nuclear reactors. Low level radioactive wastes are the by-products of uranium and thorium mining & milling, processing, extraction & refining, which takes place in the radwaste management industry. The major sources of low level radioactive wastes include used fuel from power generation industries along with municipal solid waste (MSW).
Intermediate Level Waste:
Intermediate level waste is the radioactive and non-radioactive waste that is generated during the production of electricity. The IWMP market includes spent fuel & nuclear waste management, which are some of the major applications for intermediate level wastes.
The global intermediate level waste (ILW) and used fuel storage capacity has been increased from 63,600 tons in 2014 to 97,000 tons as of 2018 by implementing new facilities in France and Finland.
Application Insights:
The global spent fuel and nuclear waste management market is segmented on the basis of application as boiling water reactors, pressurized water reactors, gas cooled reactors, pressurized heavy water reactors and other types of reactor. The others category includes research activities and military applications.
Boiling Water Reactors (BWR) dominated the global industry in terms of revenue share in 2016 owing to its large installed base globally with over 200 units operational across five countries including Japan, China & India. It has been observed that BWRs have a lower cost per kilowatt hour than Pressurized Heavy Water Reactor (PHWR). This factor is anticipated to drive the demand for spent fuel and nuclear waste management solutions from BWRs over the forecast period.
Regional Analysis:
Asia Pacific is expected to grow at the highest CAGR of XX% over the forecast period, owing to increasing nuclear power plant construction in China and India. The spent fuel from these plants will be a major contributor towards regional market growth. In addition, growing awareness about spent fuel management and utilization is anticipated to propel industry growth over the next eight years.
The industry in Europe was valued at USD X billion in 2016.
North America accounted for more than 25% share of global revenue in 2016 owing its large installed base of nuclear reactors across countries such as U.S.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants and nuclear installations
- Rising concerns over climate change and the need to reduce greenhouse gas emissions
- Growing investment in renewable energy sources such as solar and wind power
- Proliferation of nuclear technology and the development of new reactor designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Spent Fuel & Nuclear Waste Management Market Research Report
By Type
Low Level Waste, Intermediate Level Waste, High Level Waste
By Application
Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, Others
By Companies
Bechtel Group, Fluor Corporation, Chase Environmental Group, Magnox Technologies, Posiva, Perma-Fix Environmental Services, Studsvik, Veolia Environment, SNC Lavalin, Enercon Services
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Spent Fuel & Nuclear Waste Management Market Report Segments:
The global Spent Fuel & Nuclear Waste Management market is segmented on the basis of:
Types
Low Level Waste, Intermediate Level Waste, High Level Waste
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
Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, 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:
- Bechtel Group
- Fluor Corporation
- Chase Environmental Group
- Magnox Technologies
- Posiva
- Perma-Fix Environmental Services
- Studsvik
- Veolia Environment
- SNC Lavalin
- Enercon Services
Highlights of The Spent Fuel & Nuclear Waste Management 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:
- Low Level Waste
- Intermediate Level Waste
- High Level Waste
- By Application:
- Boiling Water Reactors
- Gas Cooled Reactors
- Pressurized Water Reactors
- Pressurized Heavy Water Reactors
- 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 Spent Fuel & Nuclear Waste Management 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Spent fuel and nuclear waste management is the process of safely storing spent nuclear fuel and radioactive waste from nuclear power plants. The goal is to prevent these materials from becoming a threat to public health or the environment.
Some of the key players operating in the spent fuel & nuclear waste management market are Bechtel Group, Fluor Corporation, Chase Environmental Group, Magnox Technologies, Posiva, Perma-Fix Environmental Services, Studsvik, Veolia Environment, SNC Lavalin, Enercon Services.
The spent fuel & nuclear waste management market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spent Fuel & Nuclear Waste Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spent Fuel & Nuclear Waste Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spent Fuel & Nuclear Waste Management Market - Supply Chain
4.5. Global Spent Fuel & Nuclear Waste Management Market Forecast
4.5.1. Spent Fuel & Nuclear Waste Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spent Fuel & Nuclear Waste Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spent Fuel & Nuclear Waste Management Market Absolute $ Opportunity
5. Global Spent Fuel & Nuclear Waste Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Type
5.3.1. Low Level Waste
5.3.2. Intermediate Level Waste
5.3.3. High Level Waste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spent Fuel & Nuclear Waste Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
6.3.1. Boiling Water Reactors
6.3.2. Gas Cooled Reactors
6.3.3. Pressurized Water Reactors
6.3.4. Pressurized Heavy Water Reactors
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spent Fuel & Nuclear Waste Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spent Fuel & Nuclear Waste Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spent Fuel & Nuclear Waste Management Demand Share Forecast, 2019-2029
9. North America Spent Fuel & Nuclear Waste Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
9.4.1. Boiling Water Reactors
9.4.2. Gas Cooled Reactors
9.4.3. Pressurized Water Reactors
9.4.4. Pressurized Heavy Water Reactors
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Type
9.7.1. Low Level Waste
9.7.2. Intermediate Level Waste
9.7.3. High Level Waste
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spent Fuel & Nuclear Waste Management Demand Share Forecast, 2019-2029
10. Latin America Spent Fuel & Nuclear Waste Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
10.4.1. Boiling Water Reactors
10.4.2. Gas Cooled Reactors
10.4.3. Pressurized Water Reactors
10.4.4. Pressurized Heavy Water Reactors
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Type
10.7.1. Low Level Waste
10.7.2. Intermediate Level Waste
10.7.3. High Level Waste
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spent Fuel & Nuclear Waste Management Demand Share Forecast, 2019-2029
11. Europe Spent Fuel & Nuclear Waste Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
11.4.1. Boiling Water Reactors
11.4.2. Gas Cooled Reactors
11.4.3. Pressurized Water Reactors
11.4.4. Pressurized Heavy Water Reactors
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spent Fuel & Nuclear Waste Mnagement Market Size and Volume Forecast by Type
11.7.1. Low Level Waste
11.7.2. Intermediate Level Waste
11.7.3. High Level Waste
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spent Fuel & Nuclear Waste Management Demand Share, 2019-2029
12. Asia Pacific Spent Fuel & Nuclear Waste Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
12.4.1. Boiling Water Reactors
12.4.2. Gas Cooled Reactors
12.4.3. Pressurized Water Reactors
12.4.4. Pressurized Heavy Water Reactors
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Type
12.7.1. Low Level Waste
12.7.2. Intermediate Level Waste
12.7.3. High Level Waste
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spent Fuel & Nuclear Waste Management Demand Share, 2019-2029
13. Middle East & Africa Spent Fuel & Nuclear Waste Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spent Fuel & Nuclear Waste Management Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Application
13.4.1. Boiling Water Reactors
13.4.2. Gas Cooled Reactors
13.4.3. Pressurized Water Reactors
13.4.4. Pressurized Heavy Water Reactors
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spent Fuel & Nuclear Waste Management Market Size and Volume Forecast by Type
13.7.1. Low Level Waste
13.7.2. Intermediate Level Waste
13.7.3. High Level Waste
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spent Fuel & Nuclear Waste Management Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Spent Fuel & Nuclear Waste Management Market: Market Share Analysis
14.2. Spent Fuel & Nuclear Waste Management Distributors and Customers
14.3. Spent Fuel & Nuclear Waste Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bechtel Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fluor Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chase Environmental Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Magnox Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Posiva
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Perma-Fix Environmental Services
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Studsvik
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Veolia Environment
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SNC Lavalin
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Enercon Services
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
