Ionic Exchange-based Liquid Nuclear Waste Treatment Market, By Ionic Exchange Process (Inorganic Nat

Published Date: | Report Code : EP1944309

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Ionic Exchange-based Liquid Nuclear Waste Treatment Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as growing nuclear power construction projects worldwide during the forecast period. Liquid nuclear waste is generated through nuclear reactors, which need intensive treatment before disposing it into the environment. Liquid nuclear waste is usually a by-product of nuclear power generation and other applications of nuclear technology, such as research and medicine. Liquid nuclear waste is hazardous to most forms of life and the environment and is regulated by government agencies to protect human health and the environment.

Liquid nuclear waste is mostly used at nuclear plants for producing cheap and sustainable energy. It can be divided into three categories, namely, high level liquid nuclear waste, low level liquid nuclear waste, and intermediate-level liquid nuclear waste. The high level liquid nuclear waste has most astounding radioactivity and these are stored separately in water ponds for characteristic reduction of their radioactivity. After the decrease in the radioactivity level, the high level radioactive liquid waste is treated through ionic exchange-based liquid nuclear waste treatment techniques. Ionic resins are utilized in exchangers, which play a vital role in filtering out radioactive nucleoids from the wastewater stream. Most ionic resins are recyclable and can be used over an extensive period of time for the treatment of liquid nuclear waste.

The global ionic exchange-based liquid nuclear waste treatment market is growing with the growth in nuclear plants, which require large volumes of liquid nuclear waste treatment. Moreover, the long half-life of nuclear fission products that keep them radioactive for several thousand years, storage of nuclear waste, and impact of nuclear waste on plant and animal life are driving the global ionic exchange-based liquid nuclear waste treatment market. In addition, the need to complement fossil fuels with other fuels for energy generation is driving the ionic exchange-based liquid nuclear waste treatment market.

Key Factors Impacting Market Growth:

  • Growing nuclear power construction projects worldwide
  • Cheap and sustainable electricity from nuclear plants
  • Strict rules for treatment and storage of radioactive waste
  • Huge capital required for the construction of nuclear power plants
  • Rising preference for solar and wind power to complement fossil fuel-sourced energy
  • High risk of accidents during natural disasters

Regional Outlook:

The regional outlook for ionic exchange-based liquid nuclear waste treatment market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for ionic exchange-based liquid nuclear waste treatment market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of ionic exchange-based liquid nuclear waste treatment market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for ionic exchange-based liquid nuclear waste treatment market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Areva SA, Bechtel Corporation, Augean plc, SRCL Limited, Fluor Corporation, Chase Environmental Group, Graver Technologies, AVAN Tech, Waste Control Specialists, EKSORB, and Svensk Kärnbränslehantering AB 

Market Segmentation: 

By Ionic Exchange Process:

  • Inorganic Natural Ion Exchangers
  • Organic Natural Ion Exchangers
  • Synthetic Inorganic Ion Exchangers
  • Synthetic Organic Ion Exchangers
  • Modified Natural Ion Exchangers
  • Others

By Liquid Waste Type:

  • Low Level Waste
  • Intermediate Level Waste
  • High Level Waste

By Liquid Waste Source:

  • Inorganic Natural Ion Exchangers Water Reactor (BWR)
  • Organic Natural Ion Exchangers Cooled Reactors (GCR)
  • Pressurized Water Reactors (PWR)
  • Pressurized Heavy Water Reactors (PHWR)
  • Boiling Water Reactors
  • Gas-Cooled Reactors
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source
  • Rest of the World
    • By Region (South America, Africa)
    • By Ionic Exchange Process
    • By Liquid Waste Type
    • By Liquid Waste Source

Reasons to Buy This Report:

  • Market size estimation of the global ionic exchange-based liquid nuclear waste treatment market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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