Global Nuclear Waste Management Market – Overview
The global nuclear waste management market is marked to exhibit steady expansion at a CAGR of 3% during the forecast period from 2016 to 2023. Rapid rise in investment for the development of nuclear power plants to fulfil the rising energy demand which is leading to the production of large amount of radioactive waste that requires proper disposal and handling, increased emphasis on recycling nuclear waste in order to extract usable elements which will further be utilized for production of energy, and implementation of stringent regulatory framework by the government in the emerging economies to avoid the damage caused by the exposure to radioactive materials are majorly propelling the growth of the global nuclear waste management market during the assessment period.
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Nuclear Waste Management Market Segments Analysis:
The global nuclear waste management market has been segmented on the basis of waste type, reactor type, and application.
Based on waste type, the global nuclear waste management market has been segmented into low-level waste, high-level waste, and intermediate-level waste. The low-level waste segment commands for the maximum share of the global nuclear waste management market. The requirement for proper storage and disposal of these waste products, without getting in contact with land or humans is majorly propelling the growth of the low-level nuclear waste type segment in the global nuclear waste management market during the assessment period.
Based on reactor type, the global nuclear waste management market has been segmented into gas cooled reactor, pressurized heavy water reactor, boiling water reactor, and pressurized water reactor.
Based on application, the global nuclear waste management market has been segmented into industrial, utility, and others.
Nuclear Waste Management Regional Market Analysis:
Geographically, the global nuclear waste management market has been segmented into five major regions such as North America, South America, Asia Pacific (APAC), Europe, and the Middle East and Africa.
The Asia Pacific region commands a significant share of the global nuclear waste management market during the assessment period. The factors such as rapid rise in investment for the development of nuclear power plants to fulfil the rising energy demand which is leading to the production of large amount of radioactive waste that requires proper disposal and handling, increased emphasis on recycling nuclear waste in order to extract usable elements which will further be utilized for production of energy, and implementation of stringent regulatory framework by the government in the emerging economies to avoid the damage caused by the exposure to radioactive materials are majorly propelling the growth of the global nuclear waste management market in the Asia Pacific (APAC) region.
Competitive Landscape:
The key players profiled by Market Research Future (MRFR) that are operating in the global nuclear waste management market are Enercon Services, Inc., Veolia Environment SA, Studsvik AB, Chase Environmental Group, Bechtel Group Inc., Posiva Oy, Magnox Technologies Pvt. Ltd, Perma-Fix Environmental Services, Fluor, BHI Energy, and others. Strategically planned mergers and acquisitions along with collaborations in multiple projects are aiding these players in sustaining the competition in the global nuclear waste management market during the assessment period.
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Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List of Assumptions
3.6 Limitations of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat of New Entrants
5.5.2 Bargaining Power of Buyers
5.5.3 Bargaining Power of Suppliers
5.5.4 Threat of Substitutes
5.5.5 Intensity of Rivalry
5.6 Value Chain/Supply Chain Analysis
Continued…..
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