What is Nuclear Steam Generator Tubing Market?
Nuclear steam generator tubing is used in the nuclear plants which prevent radioactive liquid in the primary coolant loop from mixing with non-radioactive liquid in the secondary coolant loop. The tubes in the nuclear steam generator if damaged or corroded can lead to leakages which might result in loss of primary coolant, expensive plant outages, and shutdowns. Increasing demand for efficient and safe in a nuclear steam generator tubing and technological advancement is increasing the global nuclear steam generator tubing market.
Highlights from Nuclear Steam Generator Tubing Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Sandvik (Kanthal) (Sweden), Valinox Nucleaire (France), Nippon Steel Corporation (Japan), Zetec Inc. (United States), BWX Technologies, Inc. (United States), Centravis (Ukraine), Atomic Energy of Canada Ltd (Canada), Korea Electric Power Corporation (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan) and Duke Energy Corporation (United States) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Nuclear Steam Generator Tubing market throughout the forecasted period.
Sandvik (Kanthal) (Sweden), Valinox Nucleaire (France), Nippon Steel Corporation (Japan), Zetec Inc. (United States), BWX Technologies, Inc. (United States), Centravis (Ukraine), Atomic Energy of Canada Ltd (Canada), Korea Electric Power Corporation (South Korea), Mitsubishi Heavy Industries, Ltd. (Japan) and Duke Energy Corporation (United States) are some of the key players profiled in the study. Nuclear Steam Generator Tubing Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Nuclear Power Plant, Nuclear Reactor and Others |
Type | Alloy 690TT, Alloy 800Mod, Alloy 600TT and Alloy 600MA |
Tube Material | Stainless Steel,Alloy,Titanium,Others |
End User | Power and Energy Industry,Defence Industry |
On the basis of geography, the market of Nuclear Steam Generator Tubing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Continuous Research and Development in Power and Energy Industry and Increasing Investment in Power Generation
Market Growth Drivers:
Increasing Need for Proper Operation in Power Plants for Better Efficiency and Safety and Growing Expansion of Nuclear Power Plants is Increasing the Demand for Nuclear Steam Generator Tubing
Challenges:
Complexities Involved with the Maintenance and Set up of Nuclear Steam Generator Tubing
Restraints:
Environmental Problems Associated with Nuclear Steam Generator Tubing leading to Corrosion of Tubes and Emission of Harmful Gases Affecting the Environment
Opportunities:
Technological Advancement in Nuclear Steam Generator Tubing and Focusing on the Environment Sustainability
Key Target Audience
Nuclear Steam Generator Tubing Manufacturers, Research and Development Institutes, Industry Association, Financial Institutes and Venture Capital and Others