Loading...

Thorium Fuel Cycle Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A06896
Pages: NA
Sep 2020 | 44 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Thorium Fuel Cycle Market: Global Opportunity Analysis And Industry Forecast, 2020–2027 Market

Request Now !

Thorium has been recognized as one of the key resources on the earth as a lustrous radioactive element with a maximum temperature of 3,000 degree Celsius. The thorium fuel cycle is a nuclear fuel cycle that utilizes an isotope of thorium, as the fertile material. Like uranium, its features allow it to be used to fuel a nuclear chain reaction that can run an energy plant and generate electricity (among other things). Unlike natural uranium, natural thorium contains only trace amounts of fissile material, which are insufficient to initiate a nuclear chain reaction. The thorium fuel cycle exhibits several potential benefits over a uranium fuel cycle, including thorium's actinide production, reduced plutonium, superior physical, and nuclear properties, abundant availability of thorium, and better resistance to nuclear weapons proliferation when utilized in a traditional light water reactor though not in a molten salt reactor.

 

Market scope and structure analysis

                             Report Metric

                        Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segment covered

 Reactors Type, Application, and Region

  Regions covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia- Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the Rest of LAMEA)

  Companies covered

STL Nuclear (Pty) Ltd, ARAFURA Resources, Hastings Rare Metals Limited, Capital Mining Limited, Blackwood Corporation Limited, Crossland Uranium Mines Limited, Kimberley Rare Earths Metal Limited, Navigator Resources Limited, Western Desert Resources Limited, and Cameco Corp.

 

Key drivers of global thorium fuel cycle market

Rise in demand for an alternative to uranium-based fuel is a key factor driving the growth of the global thorium fuel cycle market. In addition, surge in demand for affordable, safe, and clean source of nuclear energy boosts the growth of the global thorium fuel cycle market. The thorium fuel cycle offers several potential advantages such as nuclear properties (e.g., lower capture-to-fission ratio for thermal neutrons), superior physical properties, greater abundance, and enhanced resistance to nuclear weapons proliferation when used in traditional light water reactors. Moreover, several demonstrations have been carried out to generate electricity in different types of reactors globally. Several countries that have abundant resources for thorium are expected to focus on the utilization of thorium fuel on an industrial scale.

Market scenario: opportunities and challenges

In the near future, ample availability of thorium is anticipated to yield tremendous opportunities for market expansion. To provide optimum choice to manage uranium and plutonium, major emphasis has been given on thorium-based fuels for utilization in evolutionary generation III+ reactors. However, owing to the radioactive nature of thorium, concerns related to environment and health are expected to impede the growth of the thorium fuel cycle market. Excessive release of thorium in the environment negatively impacts the flora and fauna of the ecosystem. Thus, implementation of stringent regulations regarding the use of thorium is another major factor that negatively affects the market.

Key segments covered

                           Segment

                             Subsegment

  Reactors Type

  • Heavy Water
  • High-Temperature Gas-Cooled
  • Boiling (Light) Water
  • Molten Salt
  • Fast Neutron
  • Others

  Application

  • Gas Mantles
  • Nuclear Reactor
  • Others

 

COVID-19 scenario analysis

The global thorium fuel cycle market is expecting slowdown during the forecast period, owing to the outbreak of the COVID-19 pandemic. The lockdown implemented by government and public authorities have taken industries to a standstill. In addition, companies are struggling with missed sales and disrupted supply chains, as production shutdown and quarantine policies extend across the world, limiting travel and exchange, which, in turn, has negatively impacted the growth of the global thorium fuel cycle market. Furthermore, the outbreak has led to reduced demand for fuel, contributing to decline in supply.

Key benefits of the report

  • This study presents the analytical depiction of the global thorium fuel cycle industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global thorium fuel cycle market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global thorium fuel cycle market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global thorium fuel cycle market research report:

  • Which are the leading market players active in the thorium fuel cycle market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Thorium Fuel Cycle Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts