Global Nuclear Waste Management Market Expected to Register a CAGR of 10.7% Over 2018-2022

Date: 2018-03-27

Nuclear Waste Management is dealing with radioactive waste that contains radioactive material. Radioactive waste is usually a by-product of nuclear power generation and other applications of nuclear fission or nuclear technology, such as research and medicine. Radioactive waste is hazardous to all forms of life and the environment, and is regulated by government agencies in order to protect human health and the environment.

The increasing energy requirements make power generation shift to nuclear power from traditional power, regulations toward environmental concerns are expected to impact positively the Nuclear Waste Management, the market has received further impetus from rising environmental concerns to reduce harmful emissions across the world; according to research, the global Nuclear Waste Management market is expected to register at 10.7% CAGR over 2018-2022.

Geographically, Europe dominated market and accounted for 48% of the global demand in 2017, region followed by Asia Pacific, 31% of market share globally, according to research, the Asia Pacific is also expecting to grow at fastest CAGR of 13.7% over 2018-2022, due to the rising population and positive economy are requiring the stable electricity in the region.

Base on applications, the Nuclear Waste Management market can be segmented into Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, Others. According to research, Boiling Water Reactors held the maximum share of market which attributed to the power generation sector. 

Global top companies operating in Nuclear Waste Management market are Areva SA, Veolia Environment Services, Bechtel Corporation, US Ecology, Augean Plc, BHI Energy, Perma-Fix Environmental Services, Inc., Swedish Nuclear Fuel and Waste Management Co., Stericycle, Inc., Waste Control Specialists, LLC among others.

Nuclear Waste Management market share by waste type as following:

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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