Nuclear waste management system market is anticipated to grow at a considerable CAGR of 2.1% during the forecast period. The stringent standards and regulations to limit radioactive emissions is a key factor driving the growth of the global nuclear waste management system market. According to World Nuclear Association, the volume of high-level radioactive waste (HLW) produced by the civil nuclear industry is small. As per the estimation of the International Atomic Energy Agency (IAEA), 392,000 tonnes of heavy metal (tHM) in the form of used fuel have been discharged since the first nuclear power plants commenced operation. Of this, the agency estimates that 127,000 tHM have been reprocessed. The IAEA estimates that the disposal volumeb of the current solid HLW inventory is approximately 29,000 m3.
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Nuclear power is the only large-scale energy-producing technology that takes full responsibility for all its waste and fully costs this into the product. Financial provisions are made for managing all kinds of civilian radioactive waste. The cost of managing and disposing of nuclear power plant waste typically represents about 5.0% of the total cost of the electricity generated. Most nuclear utilities are required by governments to put aside a levy (e.g. 0.1 cents per kilowatt hour in the US, 0.14 ¢/kWh in France) to provide for the management and disposal of their waste.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Nuclear Waste Management System Market by Waste Type
- Low-level Waste
- Intermediate-level Waste
- High-level Waste
Global Nuclear Waste Management System Markey by Reactor Type
- Pressurized Water Reactor
- Boiling Water Reactor
- Pressurized Heavy Water Reactor
- Gas Cooled Reactor
- Others
Global Nuclear Waste Management System Market by End-User
- Utility
- Industrial
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Agence Nationale pour la gestion des déchets radioactifs (ANDRA)
- Augean PLC
- Bechtel Corp.
- BHI Energy
- Cabrera Services Inc.
- Chase Environmental Inc.
- Enercon Services Inc.
- EnergySolutions Inc.
- Fluor Corp.
- Holtec International Corp.
- JGC Corp.
- Orano SA
- Perma-Fix Environmental Services Inc.
- Stericycle Inc.
- Studsvik AB
- US Ecology Inc.
- Veolia Environment SA
- Waste Control Specialists LLC
- Westinghouse Electric Company LLC (Toshiba)
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global nuclear waste management system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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