addS

Wednesday 30 March 2016

Spent Nuclear Fuel (SNF) Dry Storage Casks market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

A surge of shutdowns may be observed in the future for most of the ageing nuclear reactors in the world. These reactors which have supplied power to millions of homes in the past have always faced hurdles in terms of public acceptance. With most nuclear plant owners unwilling to dish out extra millions for renovation of their old plants, gradual shutdowns are imminent. With the Fukishima disaster in Japan involving an old boiling water reactor built in the 70’s, the public sentiment towards the old nuclear plants is likely to deteriorate. The major issue closely linked with decommissioning these old nuclear power plants is the efficient and safe disposal of nuclear waste. Decommissioning costs of nuclear plants are extremely high, going up to nearly a billion dollars for larger plants. Efficient storage of nuclear waste will occupy a majority portion of these costs. Radioactive half life of wastes ranges up to 16 million years while they remain hazardous for much longer. Storage of such nuclear spent fuel (NSF) will ultimately spark the demand for dry storage casks.

To Download Sample Report With TOC@ http://www.researchmoz.us/enquiry.php?type=S&repid=207144

Dry storage casks are generally the most viable method of storing high level nuclear waste which has been cooled down to manageable levels. Cooling of spent fuel requires over a year and sometimes nearly 8 years bringing down to manageable temperatures. Concrete or steel are the major materials used for making these casks, which are able to withstand the harshest of temperature and weather conditions without damage. Not only do inert gases surround and insulate the spent fuel rods in these containers, concrete layers are also present to provide additional radiation shielding to waste handling personnel.

These NSF dry storage casks should be transportable as well, a feature which is incorporated into them during manufacturing. With a majority of the old nuclear power reactors going for decommissioning, thus approaching their wet pool storage limit for NSF, dry cask demand is likely to increase significantly in the future.

The market for these NSF dry cask storages is likely to be driven by certain countries. Japan with its decision to decommission existing nuclear reactors and move towards a renewable oriented generation mix can be a potential market. While other countries have not decided yet to walk on Japan’s path, long lasting effects of the Fukishima disaster are imminent. Decommissioning of old reactors might be the general public and regulatory sentiment in many countries, to be replaced by newer and more efficient power plants. A major requirement of such dry storage casks may be observed from the North American region, with both the U.S. and Canada deciding to shut down and replace a number of their old reactors.

In the European market, Germany and Russia are likely to be strong demand drivers for such dry storage casks. Strong R&D is likely to be required by the manufacturers of these casks to ensure leak free storage of such wastes in nuclear storage repositories. As the requirement for newer and safer repositories increase to dispose of the nuclear wastes, quality improvements in the casks will become necessary. Major emerging markets are likely to be observed in the North American and Asia Pacific regions. Some of the market players involved in the business of manufacturing SNF dry storage casks are Skoda JS A.S., NAC International, Holtec International and Areva among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamicsIt provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

To Enquire Regarding This Report@ http://www.researchmoz.us/enquiry.php?type=E&repid=207144

About ResearchMoz

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Blog: http://dynamicmarketresearch.blogspot.com/

No comments:

Post a Comment