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Global Nuclear Fuels Market 2017-2021

Global Nuclear Fuels Market 2017-2021

About Nuclear Fuels

Nuclear fuel is a substance used to initiate and sustain a nuclear fission reaction in nuclear power stations to generate heat. This heat powers turbine to produce usable electrical energy. A nuclear reactor is a structure in which fissile material undergoes a controlled, self-sustaining nuclear reaction with simultaneous release of energy, which can be used to generate electricity.

Technavio’s analysts forecast the global nuclear fuels market to grow at a CAGR of 2.11% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global nuclear fuels market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Nuclear Fuels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ARMZ Uranium Holding Company
  • Cameco
  • Energy Resources of Australia
  • Japan Oil, Gas and Metals National Corporation
  • KazAtomProm
Other prominent vendors
  • Anglo-Canadian Mining Corp
  • AREVA
  • Azimut Exploration
  • Bannerman Resources
  • Berkeley Energia
  • BHP Billiton
  • CANALASKA URANIUM
  • China National Nuclear Corporation
  • China General Nuclear Power
  • Denison Mines
  • Eagle Plains Resources
  • Forsys Metals
  • Globex Mining Enterprises
  • International Montoro Resources
  • Rio Tinto
  • NMMC
  • Paladin Energy
  • URENCO
  • Vattenfall
Market driver
  • Overdependence on fossil fuels
  • For a full, detailed list, view our report
Market challenge
  • Increasing demand for renewable energy
  • For a full, detailed list, view our report
Market trend
  • Development of next-generation nuclear reactors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Nuclear Fuels Market 2017-2021

Technavio recognizes the following companies as the key players in the global nuclear fuels market: ARMZ Uranium Holding Company, Cameco, Energy Resources of Australia, Japan Oil, Gas and Metals National Corporation, KazAtomProm.

Other Prominent Vendors in the market are: Anglo-Canadian Mining Corp, AREVA, Azimut Exploration, Bannerman Resources, Berkeley Energia, BHP Billiton, CANALASKA URANIUM, China National Nuclear Corporation, China General Nuclear Power, Denison Mines, Eagle Plains Resources, Forsys Metals, Globex Mining Enterprises, International Montoro Resources, Rio Tinto, NMMC, Paladin Energy, URENCO and Vattenfall.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of next-generation nuclear reactors. An international task force has been assigned to develop six nuclear reactor technologies, of which four are fast neutron reactors, with the deployment target spanning 2020-2030. All these new reactors will operate at a much higher temperature than reactors those currently in use.”

According to the report, one driver in the market is overdependence on fossil fuels. Today, energy security is one of the key areas on the national agenda of any country. Since the discovery of the commercial uses of oil and natural gas in the late 18th and early 19th centuries, the dominance of fossil fuels has only grown. Fossil fuels, at present, account for more than 80% of the world's energy demand. Global energy demand is expected to increase by 35% by 2020, and fossil fuels are projected to meet 75% of this increased demand.

Further, the report states that one challenge in the market is construction delays and cost overruns. Nuclear reactor construction has unique features, which include variable project portfolio, process, and stringent security and safety measures. All these factors directly affect the cost schedule of the project. An improper estimation may lead to price escalation as the project progresses. The increase in project cost directly affects the profitability of vendors as any construction delay is the responsibility of the operator. Almost two-third of the nuclear reactors under construction are facing delays.

Companies Mentioned

ARMZ Uranium Holding Company, Cameco, Energy Resources of Australia, Japan Oil, Gas and Metals National Corporation, KazAtomProm, Anglo-Canadian Mining Corp, AREVA, Azimut Exploration, Bannerman Resources, Berkeley Energia, BHP Billiton, CANALASKA URANIUM, China National Nuclear Corporation, China General Nuclear Power, Denison Mines, Eagle Plains Resources, Forsys Metals, Globex Mining Enterprises, International Montoro Resources, Rio Tinto, NMMC, Paladin Energy, URENCO and Vattenfall.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Nuclear industry overview
      • Table Total net electrical capacity 2005-2015 (GW)
      • Table Working of a nuclear reactor
      • Table PWR flow diagram
      • Table PHWR flow diagram
      • Table BWR flow diagram
      • Table Uranium mining countries 2015 (%)
      • Table Mining methods to produce Uranium 2015 (%)
      • Table Steps for the preparation of nuclear fuel using uranium
  • Market landscape
    • Market overview
      • Table Global nuclear fuels market segmentation by end-user type, product type, and geography
    • Market size and forecast
      • Table Global nuclear fuels market 2016-2021 (MT)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global nuclear fuels market by product type
      • Table Global nuclear fuels market by product type 2016 and 2021 (%)
      • Table Global nuclear fuels market by product type 2016-2021 (MT)
    • Global nuclear fuels market by uranium fuel
      • Table Global nuclear fuels market by uranium fuel 2016-2021 (MT)
      • Table Ker factors influencing future nuclear energy capacity
    • Global nuclear fuels market by mixed oxide (MOX) fuel
      • Table Global nuclear fuels market by mixed oxide (MOX) fuel 2016-2021 (MT)
  • Market segmentation by reactor type
    • Global nuclear fuels market by reactor type
      • Table Global nuclear fuels market by reactor type 2016 and 2021 (%)
      • Table Global nuclear fuels market by reactor type 2016-2021 (MT)
    • Global nuclear fuels market by PWR
      • Table Global nuclear fuels market by PWR 2016-2021 (MT)
      • Table Advantages of PWRs
      • Table Advantages of PHWRs
    • Global nuclear fuels market by BWR
      • Table Global nuclear fuels market by BWR 2016-2021 (MT)
      • Table Advantages of BWRs
  • Geographical segmentation
    • Global nuclear fuels market by geography
      • Table Global nuclear fuels market by geography 2016 and 2021 (%)
      • Table Global nuclear fuels market by geography 2016-2021 (MT)
    • Nuclear fuels market in EMEA
      • Table Nuclear fuels market in EMEA 2016-2021 (MT)
      • Table Major nuclear power projects under construction in Europe
    • Nuclear fuels market in the Americas
      • Table Nuclear fuels market in Americas 2016-2021 (MT)
      • Table Projects under construction in Americas
    • Nuclear fuels market in APAC
      • Table Nuclear fuels market in APAC 2016-2021 (MT)
      • Table Projects under construction in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Fossil fuel reserves 2013
      • Table World net electricity generation by various fuels 2012, 2020, and 2025 (trillion kWh)
      • Table Key parameters for LCOE calculation
      • Table Variation in levelized avoided costs of electricity for new generation resources 2020 and 2040 ($ per MWhr)
    • Market challenges
      • Table Countries with renewable targets and policies 2005
      • Table Countries with renewable targets and policies 2015
      • Table New wind installation targets by 2020 (GW)
      • Table Harmful effects of nuclear waste
      • Table Global nuclear decommissioning market by capacity 2015-2020 (MWe)
  • Market trends
    • Development of next-generation nuclear reactors
      • Table Generation IV reactor designs under development by GIF
    • Increasing focus on R&D activities
    • Discovery of new nuclear fuel mines
      • Table New mines expected to become operational
      • Table Recoverable resources of uranium 2013
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • ARMZ Uranium Holding Company
      • Table ARMZ Uranium Holding Company: Key product offerings
    • Cameco
      • Table Cameco: Key product offerings
      • Table Cameco: Key news
    • Energy Resources of Australia
      • Table Energy Resources of Australia: Key product offerings
    • Japan Oil, Gas and Metals National Corporation
      • Table Japan Oil, Gas and Metals National Corporation: Key product offerings
    • KazAtomProm
      • Table KazAtomProm: Product offerings
      • Table KazAtomProm: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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