Radioactive Waste Management Market: Global Industry Size, Share, Growth, Analysis and Forecast to 2022 - Brisk Insights

According to a recently published report, the Global Radioactive Waste Management Market is expected to grow at moderate rate during the forecasted period of 2016-2022.The segmentation of global radioactive waste management market is based on type, technology, reactor type and geography. The report on global radioactive waste management market forecast 2016-2022 (type, technology, reactor type and geography) provides detailed overview and predictive analysis of the market.

Detailed study on this Report: http://www.briskinsights.com/report/radioactive-waste-management-market

Radioactive waste is described as the contaminated material by radioactivity or it is radioactive by itself. Radioactive waste management techniques varies according to the type of waste to be processed. The major factor driving the global radioactive waste management market is rising demand for nuclear power plants to generate electricity. There are more than 430 nuclear plants in the world generating approximately 15% of the world’s electricity.The total power generated by nuclear power plants was around 2364 billion kWh in 2014. Around 10 countries in the world relies on nuclear power plants to supply 1/4th of the electricity. The trend of electricity generation from nuclear generation is leading to development of new power plants. Around 75 new nuclear power plants are under construction in 15 countries worldwide. Electricity costs includes nuclear waste management costs too which is approximately 5% of the electricity generation cost. Few restraints and challenges such as high cost of treatment, no permanent solution, complicated regulatory structure and risks associated with transportation of waste are hampering the market potential of global markets and technologies for global waste management market. Nevertheless, rising government concern regarding long term waste management solutions, increasing environmental and population prevention standards etc. will create growth...