Spent Fuel & Nuclear Waste Management Market, 2020 – Growth, Trends & Forecast

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Asia-Pacific has a strong focus on nuclear power due to growth in population, industrialization, and urbanization in the region. China and India are focusing on nuclear power plant life extension while discovering the potential for new nuclear power plants. In Asia, there are about 130 operable nuclear power reactors, out of which 35 are under construction and counties planning to build an additional 70-80. Many more are proposed.
The Chinese nuclear sector is expected to continue to expand at a robust rate, with capacity increasing by an annual average of 10.3% between 2018 and 2027, resulting in more than 95GW of installed nuclear capacity. China’s government targets to have 58GW of nuclear capacity operating by 2020-2021, and 150GW by 2030.
Moreover, India has also attained independence in its nuclear fuel cycle. The Indian government is dedicated to growing its nuclear power capacity as part of its huge infrastructure development program. The government expects nuclear capacity to reach about 22.5 GWe by the year 2031. At the end of 2019, seven reactors were under construction in India, with a combined capacity of 5.4 GWe.
These trends in return, expect the growth in the number of the nuclear power plant in the region which require good management of nuclear waste for protection from environmental concerns. Hence, the global spent fuel and nuclear waste management market likely to propel during the forecast period in the region.

Key Topics Covered:

1 INTRODUCTION

1.1 Scope of the Study

1.2 Market Definition

1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

4.1 Introduction

4.2 Market Size and Demand Forecast, in USD billion, until 2025

4.3 Recent Trends and Developments

4.4 Government Policies and Regulations

4.5 Market Dynamics

4.5.1 Drivers

4.5.2 Restraints

4.6 Porter’s Five Forces Analysis

4.6.1 Bargaining Power of Suppliers

4.6.2 Bargaining Power of Consumers

4.6.3 Threat of New Entrants

4.6.4 Threat of Substitutes Products and Services

4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 Type

5.1.1 Low-level Waste

5.1.2 Intermediate-level Waste

5.1.3 High-level Waste

5.2 Source

5.2.1 Nuclear Power Reactors

5.2.2 Nuclear Fuel Cycle Facilities

5.2.3 Radioactive Mining, Milling, and Extracting Activities

5.2.4 Research, Medical, and Industrial Source

5.2.5 Military and Defense Programs

5.2.6 Other Sources

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 South America

5.3.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Strategies Adopted by Leading Players

6.3 Company Profiles

6.3.1 Fluor Corporation

6.3.2 Westinghouse Electric Company LLC (Toshiba)

6.3.3 Bechtel Group Inc.

6.3.4 Chase Environmental Group

6.3.5 Perma-Fix Environmental Services

6.3.6 Magnox Technologies Pvt Ltd

6.3.7 Veolia Environment SA

6.3.8 Studsvik AB

6.3.9 Enercon Services Inc.

6.3.10 EnergySolutions

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/ok4mhr

View source version on businesswire.com:https://www.businesswire.com/news/home/20200727005614/en/

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KEYWORD: CHINA INDIA ASIA PACIFIC

INDUSTRY KEYWORD: NUCLEAR ENERGY ENVIRONMENT

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 07/27/2020 12:10 PM/DISC: 07/27/2020 12:10 PM

http://www.businesswire.com/news/home/20200727005614/en

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