세계의 핵연료 시장 : 연료 유형별, 원자로 유형별, 지역별, 국가별 분석, 시장 인사이트 및 예측

Executive Summary

Azoth Analytics has released a research report titled "Global Nuclear Fuel Market Factbook (2025 Edition)" which provides a complete analysis of the Global Nuclear Fuel industry in terms of market segmentation By Fuel Type (Uranium Fuel, MO Nuclear Fuel), Reactor Type (Boiling Water Reactor, Pressurized Water Reactor, and Others), By Region (North America, Europe, Asia-pacific, ROW), and By Country for the historical period of 2020-2023, the estimates of 2024 and the forecast period of 2025-2030.

The research report covers a detailed analysis of the regions (North America, Europe, APAC, Rest of the World) and 16 countries (United States, Canada, United Kingdom, Russia, Germany, France, Italy, China, Japan, India, South Korea, Brazil, Argentina, Mexico, UAE, Saudi Arabia). Additionally, the research report presents data including market size, yearly growth & potential analysis, the competitive study of market players, investment opportunities and demand forecast.

The research report also assesses growth indicators, restraints, supply and demand risk, and other important statistics, as well as a full assessment of current and future market trends that are relevant to the market evolution.

Global Nuclear Fuel Market attained a market value of USD 12134.79 Million in 2023 which is expected to reach USD 20216.24 Million in 2030. Demand for nuclear continues to increase as the transition to clean energy gains momentum and energy security becomes of increasing importance. At the same time, uranium supply sits near a decade low, and geopolitical tensions continue to rewire global supply chains.

Conventional demand for uranium remains extremely robust. Global nuclear capacity currently stands at ~394Gwe from 437 operable reactors and there are currently 60 new reactors under construction in 18 countries. Nuclear power is no longer sitting on the sidelines of international energy and climate change conversations, it is increasingly being viewed as critical to global decarbonization and energy security.

While the strong demand outlook persisted in 2022, primary mine supply remained under pressure. Production out of Kazakhstan was impacted by ongoing supply chain issues related to COVID-19, as difficulties procuring materials resulted in delayed wellfield development in 2021 (eight-to-ten-month lag between development and production).

In 2022, rising concerns around energy security motivated a record number of nuclear power plant restarts, extensions and new build announcements, all of which add incremental demand to the market forecast. Through 2035, uranium demand growth will be ~3.0% PA.

With the main growth in uranium demand being in Russia and China, it is noteworthy that the vertically-integrated sovereign nuclear industries in these countries (and potentially India) have sought equity in uranium mines abroad, bypassing the market to some extent. Strategic investment in uranium production, even if it is not lowest-cost, has become the priority while world prices have been generally low. Russia's ARMZ bought Canada-based Uranium One in 2013, and China holds equity in mines in Niger, Namibia, Kazakhstan, Uzbekistan and Canada.

Conventional demand for uranium remains extremely robust. Global nuclear capacity currently stands at ~394Gwe from 437 operable reactors and there are currently 60 new reactors under construction in 18 countries. Nuclear power is no longer sitting on the side-lines of international energy and climate change conversations, it is increasingly being viewed as critical to global decarbonization and energy security.

Scope of the Report:

• The report analyses the Nuclear Fuel Market by Value (USD Million)
• The report presents the analysis of Nuclear Fuel Market for the historical period of 2020-2023, the estimated year 2024 and the forecast period of 2025-2030.
• The report analyses the Nuclear Fuel Market by Fuel Type (Uranium Fuel, MO Nuclear Fuel).
• The report analyses the Nuclear Fuel Market by Reactor Type (Boiling Water Reactor, Pressurized Water Reactor and Others).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by services, by mode of operation & by end users.
• The major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Orano SA, State Atomic Energy Corporation Rosatom, Cameco Corp, China National Nuclear Corp, Eagle Plains Resources, Energy Resources of Australia Ltd, Japan, Oil, Gas and Metals National Company, Kazatomprom, Paladin Energy, and Vattenfall Group.

Table of Contents

1. Market Background

• 1.1 Scope and Product Outlook
• 1.2 Executive Summary
• 1.3 Research Methodology

2. Analyst Recommendations

• 2.1 Invest in Nuclear Power Generation Plants
• 2.2 Focus on Bringing Sustainability in the Nuclear Fuel Cycle

3. Global Nuclear Fuel Market: Historic and Forecast

• 3.1 Impact Analysis of Macro Economic Factors on Nuclear Fuel Market
• 3.2 GDP Per Capita, By Country (2023)
• 3.3 Nuclear Electricity Production, By Region (1970-2021)
• 3.4 Global Electricity Production, By Source (2021)
• 3.5 Nuclear Generation, By Country (2021)
• 3.6 Uranium Resources, By Country (2021)
• 3.7 Uranium Production from Mines, By Country (2013-2023)
• 3.8 Largest Uranium-Producing Mines, (2023)
• 3.9 Uranium Production and Reactor Requirements, By Country (1945-2023)
• 3.10 Global Conversion and Enrichment Capacity, By Country (2023)
• 3.11 Global Nuclear Fuel Market: Dashboard
• 3.12 Global Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
• 3.13 Global Nuclear Fuel Market: Market Value Assessment
• 3.14 Global Nuclear Fuel Market Segmentation : By Fuel Type
  • 3.14.1 Global Nuclear Fuel Market, By Fuel Type Overview
  • 3.14.2 Global Nuclear Fuel Market Attractiveness Index, By Fuel Type
  • 3.14.3 Global Nuclear Fuel Market Size, By Uranium Fuel, By Value, 2020H-2030F (USD Million & CAGR)
  • 3.14.4 Global Nuclear Fuel Market Size, By Mixed Oxide (MO) Nuclear Fuel, By Value, 2020H-2030F (USD Million & CAGR)
• 3.15 Global Nuclear Fuel Market Segmentation : By Reactor Type
  • 3.15.1 Global Nuclear Fuel Market, By Reactor Type Overview
  • 3.15.2 Global Nuclear Fuel Market Attractiveness Index, By Reactor Type
  • 3.15.3 Global Nuclear Fuel Market Size, By Boiling Water Reactor (BWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 3.15.4 Global Nuclear Fuel Market Size, By Pressurized Water Reactor (PWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 3.15.5 Global Nuclear Fuel Market Size, By Others, By Value, 2020H-2030F (USD Million & CAGR)

4. Global Nuclear Fuel Market, Region Analysis

• 4.1 Regional Coverage of the Study
• 4.2 Regional Snapshot

5. North America Nuclear Fuel Market: Historic and Forecast

• 5.1 North America Nuclear Fuel Market: Snapshot
• 5.2 North America Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
• 5.3 North America Nuclear Fuel Market: Key Factors
• 5.4 North America Nuclear Fuel Market Segmentation : By Fuel Type
  • 5.4.1 North America Nuclear Fuel Market, By Fuel Type Overview
  • 5.4.2 North America Nuclear Fuel Market Size, By Uranium Fuel, By Value, 2020H-2030F (USD Million & CAGR)
  • 5.4.3 North America Nuclear Fuel Market Size, By Mixed Oxide (MO) Nuclear Fuel, By Value, 2020H-2030F (USD Million & CAGR)
• 5.5 North America Nuclear Fuel Market Segmentation : By Reactor Type
  • 5.5.1 North America Nuclear Fuel Market, By Reactor Type Overview
  • 5.5.2 North America Nuclear Fuel Market Size, By Boiling Water Reactor (BWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 5.5.3 North America Nuclear Fuel Market Size, By Pressurized Water Reactor (PWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 5.5.4 North America Nuclear Fuel Market Size, By Others, By Value, 2020H-2030F (USD Million & CAGR)
• 5.6 North America Nuclear Fuel Market Segmentation : By Country
  • 5.6.1 United States Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 5.6.1.1 United States Nuclear Fuel Market, By Fuel Type
    • 5.6.1.2 United States Nuclear Fuel Market, By Reactor Type
  • 5.6.2 Canada Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 5.6.2.1 Canada Nuclear Fuel Market, By Fuel Type
    • 5.6.2.2 Canada Nuclear Fuel Market, By Reactor Type

6. Europe Nuclear Fuel Market: Historic and Forecast

• 6.1 Europe Nuclear Fuel Market: Snapshot
• 6.2 Europe Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
• 6.3 Europe Nuclear Fuel Market: Key Factors
• 6.4 Europe Nuclear Fuel Market Segmentation : By Fuel Type
  • 6.4.1 Europe Nuclear Fuel Market, By Fuel Type Overview
  • 6.4.2 Europe Nuclear Fuel Market Size, By Uranium Fuel, By Value, 2020H-2030F (USD Million & CAGR)
  • 6.4.3 Europe Nuclear Fuel Market Size, By Mixed Oxide (MO) Nuclear Fuel, By Value, 2020H-2030F (USD Million & CAGR)
• 6.5 Europe Nuclear Fuel Market Segmentation : By Reactor Type
  • 6.5.1 Europe Nuclear Fuel Market, By Reactor Type Overview
  • 6.5.2 Europe Nuclear Fuel Market Size, By Boiling Water Reactor (BWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 6.5.3 Europe Nuclear Fuel Market Size, By Pressurized Water Reactor (PWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 6.5.4 Europe Nuclear Fuel Market Size, By Others, By Value, 2020H-2030F (USD Million & CAGR)
• 6.6 Europe Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
  • 6.6.1 Russia Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.1.1 Russia Nuclear Fuel Market, By Fuel Type
    • 6.6.1.2 Russia Nuclear Fuel Market, By Reactor Type
  • 6.6.2 United Kingdom Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.2.1 United Kingdom Nuclear Fuel Market, By Fuel Type
    • 6.6.2.2 United Kingdom Nuclear Fuel Market, By Reactor Type
  • 6.6.3 France Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.3.1 France Nuclear Fuel Market, By Fuel Type
    • 6.6.3.2 France Nuclear Fuel Market, By Reactor Type
  • 6.6.4 Germany Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.4.1 Germany Nuclear Fuel Market, By Fuel Type
    • 6.6.4.2 Germany Nuclear Fuel Market, By Reactor Type
  • 6.6.5 Italy Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.5.1 Italy Nuclear Fuel Market, By Fuel Type
    • 6.6.5.2 Italy Nuclear Fuel Market, By Reactor Type
  • 6.6.6 Rest of Europe Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 6.6.6.1 Rest of Europe Nuclear Fuel Market, By Fuel Type
    • 6.6.6.2 Rest of Europe Nuclear Fuel Market, By Reactor Type

7. Asia Pacific Nuclear Fuel Market: Historic and Forecast

• 7.1 Asia Pacific Nuclear Fuel Market: Snapshot
• 7.2 Asia Pacific Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
• 7.3 Asia Pacific Nuclear Fuel Market: Key Factors
• 7.4 Asia Pacific Nuclear Fuel Market Segmentation : By Fuel Type
  • 7.4.1 Asia Pacific Nuclear Fuel Market, By Fuel Type Overview
  • 7.4.2 Asia Pacific Nuclear Fuel Market Size, By Uranium Fuel, By Value, 2020H-2030F (USD Million & CAGR)
  • 7.4.3 Asia Pacific Nuclear Fuel Market Size, By Mixed Oxide (MO) Nuclear Fuel, By Value, 2020H-2030F (USD Million & CAGR)
• 7.5 Asia Pacific Nuclear Fuel Market Segmentation : By Reactor Type
  • 7.5.1 Asia Pacific Nuclear Fuel Market, By Reactor Type Overview
  • 7.5.2 Asia Pacific Nuclear Fuel Market Size, By Boiling Water Reactor (BWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 7.5.3 Asia Pacific Nuclear Fuel Market Size, By Pressurized Water Reactor (PWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 7.5.4 Asia Pacific Nuclear Fuel Market Size, By Others, By Value, 2020H-2030F (USD Million & CAGR)
• 7.6 Asia Pacific Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
  • 7.6.1 China Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 7.6.1.1 China Nuclear Fuel Market, By Fuel Type
    • 7.6.1.2 China Nuclear Fuel Market, By Reactor Type
  • 7.6.2 Japan Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 7.6.2.1 Japan Nuclear Fuel Market, By Fuel Type
    • 7.6.2.2 Japan Nuclear Fuel Market, By Reactor Type
  • 7.6.3 India Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 7.6.3.1 India Nuclear Fuel Market, By Fuel Type
    • 7.6.3.2 India Nuclear Fuel Market, By Reactor Type
  • 7.6.4 South Korea Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 7.6.4.1 South Korea Nuclear Fuel Market, By Fuel Type
    • 7.6.4.2 South Korea Nuclear Fuel Market, By Reactor Type
  • 7.6.5 Rest of Asia Pacific Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 7.6.5.1 Rest of Asia Pacific Nuclear Fuel Market, By Fuel Type
    • 7.6.5.2 Rest of Asia Pacific Nuclear Fuel Market, By Reactor Type

8. Rest of the World Nuclear Fuel Market: Historic and Forecast

• 8.1 Rest of the World Nuclear Fuel Market: Snapshot
• 8.2 Rest of the World Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
• 8.3 Rest of the World Nuclear Fuel Market Segmentation : By Fuel Type
  • 8.3.1 Rest of the World Nuclear Fuel Market, By Fuel Type Overview
  • 8.3.2 Rest of the World Nuclear Fuel Market Size, By Uranium Fuel, By Value, 2020H-2030F (USD Million & CAGR)
  • 8.3.3 Rest of the World Nuclear Fuel Market Size, By Mixed Oxide (MO) Nuclear Fuel, By Value, 2020H-2030F (USD Million & CAGR)
• 8.4 Rest of the World Nuclear Fuel Market Segmentation : By Reactor Type
  • 8.4.1 Rest of the World Nuclear Fuel Market, By Reactor Type Overview
  • 8.4.2 Rest of the World Hostel OTA Market Size, By Boiling Water Reactor (BWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 8.4.3 Rest of the World Hostel OTA Market Size, By Pressurized Water Reactor (PWR), By Value, 2020H-2030F (USD Million & CAGR)
  • 8.4.4 Rest of the World Hostel OTA Market Size, By Others, By Value, 2020H-2030F (USD Million & CAGR)
• 8.5 Rest of the World Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
  • 8.5.1 Brazil Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.1.1 Brazil Nuclear Fuel Market, By Fuel Type
    • 8.5.1.2 Brazil Nuclear Fuel Market, By Reactor Type
  • 8.5.2 Argentina Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.2.1 Argentina Nuclear Fuel Market, By Fuel Type
    • 8.5.2.2 Argentina Nuclear Fuel Market, By Reactor Type
  • 8.5.3 Mexico Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.3.1 Mexico Nuclear Fuel Market, By Fuel Type
    • 8.5.3.2 Mexico Nuclear Fuel Market, By Reactor Type
  • 8.5.4 UAE Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.4.1 UAE Nuclear Fuel Market, By Fuel Type
    • 8.5.4.2 UAE Nuclear Fuel Market, By Reactor Type
  • 8.5.5 Saudi Arabia Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.5.1 Saudi Arabia Nuclear Fuel Market, By Fuel Type
    • 8.5.5.2 Saudi Arabia Nuclear Fuel Market, By Reactor Type
  • 8.5.6 Rest of the Countries Nuclear Fuel Market: Market Size and CAGR, 2020-2030 (USD Million & CAGR)
    • 8.5.6.1 Rest of the Countries Nuclear Fuel Market, By Fuel Type
    • 8.5.6.2 Rest of the Countries Nuclear Fuel Market, By Reactor Type

9. Market Dynamics

• 9.1 Impact assessment of Market Dynamics on Global Nuclear Fuel Market
• 9.2 Drivers
• 9.3 Restraints
• 9.4 Trends

10. Industry Ecosystem Analysis

• 10.1 Value Chain Analysis
• 10.2 Porter Analysis

11. Competitive Landscape

• 11.1 Competitive Positioning
• 11.2 Market Share of Prominent Companies
• 11.3 Company profiles
  • 11.3.1 Orano SA
  • 11.3.2 State Atomic Energy Corporation Rosatom
  • 11.3.3 Cameco Corp
  • 11.3.4 China National Nuclear Corp
  • 11.3.5 Eagle Plains Resources
  • 11.3.6 Energy Resources of Australia Ltd
  • 11.3.7 Japan, Oil, Gas and Metals National Company
  • 11.3.8 Kazatomprom
  • 11.3.9 Paladin Energy
  • 11.3.10 Vattenfall Group

12. About Us and Disclaimer