5 days Ago By [email protected] (MENAFN)
( MENAFN - GlobeNewsWire - Nasdaq) Dublin, Oct. 17, 2024 (GLOBE NEWSWIRE) -- The "Nuclear fuel market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The future of the global nuclear fuel market looks promising with opportunities in the chemical & petrochemical, energy & power, automotive, and healthcare sectors. The global nuclear fuel market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
The major drivers for this market are growing electricity consumption in world wide and rising preference for low-carbon electricity. Features of this Global Nuclear Fuel Market Report: It is evident that new technologies continue to emerge, regulatory environments are in constant evolution, geopolitical landscapes shift, and the nuclear fuel market continues its development in new directions. These emerging trends in nuclear energy ripple from designs of reactors to global fuel supply chains.
The nuclear fuel market is amidst severe changes, with exponential technological advancements, strategic initiatives, and shifting regulatory frameworks. A number of recent developments around the globe are spelling the dynamics of the market. More emphasis is being laid by countries and companies on fuel efficiency, security of supply chain, and safety for ensuring sustainable growth in nuclear energy.
The strategic growth of the nuclear fuel market will be high because of increased energy demand, awareness about the environment, and higher development in the field of nuclear technology. All key applications-energy generation, medical isotopes, and research-introduce various good strategic expansion opportunities. List of Nuclear Fuel Companies Companies in the market compete on the basis of product quality offered.
Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies nuclear fuel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the nuclear fuel companies profiled in this report include: Nuclear Fuel by Segment The study includes a forecast for the global nuclear fuel by type, application, end-use, and region.
Nuclear Fuel Market by Type [Analysis by Value from 2018 to 2030]: The mixed oxide fuel segment is expected to witness the highest growth over the forecast period due to its usage in recovering plutonium from waste nuclear fuel. Nuclear Fuel Market by Application [Analysis by Value from 2018 to 2030]: Nuclear Fuel Market by End-use [Analysis by Value from 2018 to 2030]: Energy & power is expected to witness the highest growth over the forecast period due to increasing demand for clean and reliable energy sources. Nuclear Fuel Market by Region [Analysis by Value from 2018 to 2030]: APAC is expected to witness the highest growth over the forecast period due to growing number nuclear power programs in the region.
Country-wise Outlook for the Nuclear Fuel Market The nuclear fuel marketplace in the world is constantly changing, influenced by continuous technological changes, changing policy environments, and increasing energy needs. The United States, China, Germany, India, and Japan are among the leading countries actively developing this market in their own peculiar way of ensuring security and the development of their nuclear fuel potentials. For more information about this report visit About is the world's leading source for international market research reports and market data.
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