Title: Nuclear Materials Market - Forecast 2021 - 2026
1Nuclear Materials Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Nuclear materials market size is forecast to
reach US94.8 billion by 2027, after growing at a
CAGR of 3.5 during 2022-2027. - owing to the rising demand for nuclear materials
such as plutonium isotopes, thorium, and uranium
from various end-use industries such as medical,
energy power, aerospace, oil and gas, and
others. - The nuclear materials industry is driven by an
increase in demand for electricity generation
across the world. In addition, the demand for the
nuclear materials market is been accelerated with
the growing demand for its use in the aircraft
and marine industry.
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- Key Takeaways
- North America dominates the nuclear materials
market, due to its increasing power generation
through nuclear materials in the region. For
instance, according to World Nuclear Association,
in the year 2020 USA was the worlds leading
nation in nuclear power generation with 789.9 TWH
out of 2553.2 TWH which was about 31 of the
total world nuclear power generation. - Nuclear materials are frequently employed in the
medical field for disease diagnosis, evaluation,
and treatment and it is expected that its
increasing application in medical will boost the
nuclear materials market growth. - As special nuclear materials such as plutonium,
uranium-233, isotope uranium-233, and isotope
uranium-235 are valuable sources of energy.
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Nuclear Materials Market Segment Analysis By
Geography The North American region held the
largest share in the nuclear materials market in
2021 up to 34. North America is the world's
largest user of nuclear power generation, apart
from this it uses nuclear material for industrial
use, oil and gas, agriculture, defense, and other
industries. The share of North America in the
world power generation is increasing. For
instance, as per World Nuclear Association, in
2020 North American region has the highest
electricity generation through nuclear power was
8,92,949 GWH out of 25,53,200 GWH which was
approximately 35 of the total power generation.
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- Nuclear Materials Market Industry Outlook
- Kazatompron
- Cameco
- Orana
- Uranium One
- ARMZ Uranium Holding
- China Nuclear National Corporation.
- New Brunswick Power Corporation
- Uranium Corporation of India
- United States Enrichment Corporation
- GE Hitachi Nuclear Energy
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Nuclear Materials Market -Forecast (
2022-2027) Learn More About the Report _at_
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rials-Market-Research-503326
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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