Uranium Enrichment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Enriched uranium refers to uranium that has had the percentage composition of the U-235 isotope boosted using isotope separation techniques. Because the isotope separation process is complicated, the first-generation method is referred to as gaseous diffusion, whereas the second-generation method is referred to as gas centrifuge. Due to the end of the life of nuclear diffusion facilities in 2011, gaseous diffusion technology was deemed outdated in 2011, and it is gradually being replaced by newer generations of technology. The second-generation technology employs centrifuge techniques such as the gas centrifuge and the zippe centrifuge. Second-generation technology's low energy usage is predicted to overtake first-generation technology in the near future.

MARKET DYNAMICS

In addition to the technology listed before Continuous advancements in methodologies requiring low-cost, low-energy ad tail tests are projected to offer up new industry opportunities. The US Nuclear Regulatory Commission granted Global Laser Enrichment, a subsidiary of GE Hitachi Nuclear Energy, permission to develop a commercial nuclear facility using laser technology in 2011. In 2012, GEH was granted a licence to construct and operate a laser excitation facility for isotope separation for uranium enrichment. The start-up of a new factory is projected to have a favourable influence on the enriched radioactive material market. Enrichment techniques include plasma separation, aerodynamic procedures, and electromagnetic isotope separation.

MARKET SCOPE

The "Global Uranium Enrichment Market Analysis to 2031" is a specialized and in-depth study of the uranium enrichment Market with a special focus on the global market trend analysis. The report aims to provide an overview of the uranium enrichment market with detailed market segmentation by isotope, process, and geography. The global uranium enrichment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading uranium enrichment Market players and offers key trends and opportunities in the uranium enrichment market.

MARKET SEGMENTATION

The global uranium enrichment market is segmented based on isotope and process. Based on isotope, the market is segmented URANIUM-234, URANIUM-235 and URANIUM-238. Based on process, the market is segmented into centrifuge process, laser process, gaseous diffusion process.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Uranium Enrichment Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Uranium Enrichment Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Uranium Enrichment Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the uranium enrichment market in these regions.

MARKET PLAYERS

The reports cover key developments in the uranium enrichment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from uranium enrichment market are anticipated to lucrative growth opportunities in the future with the rising demand for uranium enrichment market. Below mentioned is the list of few companies engaged in the uranium enrichment market.

The report also includes the profiles of key uranium enrichment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Urenco Group
•   Nucleoelectrica Argentina
•   Energy Resources of Australia
•   Areva
•   Nukem Technologies
•   National Thermal Power Corporation
•   Constellation Energy Nuclear Group
•   BHP
•   Healthgate Resources
•   Paladin Energy

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Uranium Enrichment Report Scope