Nuclear Waste Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Waste Type, By Reactor Type, By Disposal Method, By Region & Competition, 2021-2031F

Description

The Global Nuclear Waste Management Market will grow from USD 6.06 Billion in 2025 to USD 7.69 Billion by 2031 at a 4.05% CAGR. The Global Nuclear Waste Management Market encompasses the systematic collection, treatment, packaging, transportation, and long-term disposal of radioactive materials generated by nuclear power plants, medical facilities, and defense activities.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 6.06 Billion
Market Size 2031	USD 7.69 Billion
CAGR 2026-2031	4.05%
Fastest Growing Segment	High Level Waste
Largest Market	Asia Pacific

Key Market Drivers

The Expansion of Global Nuclear Power Generation Capacity acts as a primary catalyst for the market as nations aggressively prioritize energy security and low-carbon transitions. This resurgence in new reactor construction directly correlates with increased volumes of spent fuel and operational waste that require immediate and sophisticated management strategies. Such growth extends beyond traditional markets into emerging economies and necessitates the rapid development of disposal infrastructure and regulatory compliance mechanisms.

Key Market Challenges

The establishment of permanent deep geological repositories for high-level waste presents a significant barrier to the progress of the Global Nuclear Waste Management Market. This difficulty arises from stringent regulatory requirements and sustained public resistance regarding site selection, which collectively delay project approval and construction. Such delays extend the industry's reliance on interim storage facilities, thereby increasing long-term maintenance costs and preventing the implementation of a complete lifecycle solution for radioactive materials.

Key Market Trends

The Transition from Wet Storage to Modular Dry Cask Storage Systems represents a critical evolution in the management of spent nuclear fuel, driven by the saturation of on-site cooling pools and the continued unavailability of permanent deep geological repositories. Operators are increasingly adopting modular dry storage solutions which offer passive cooling capabilities and robust, scalable infrastructure that can be deployed incrementally at reactor sites. This shift significantly reduces the operational risks associated with active liquid cooling systems and provides a licensed, secure interim solution for long-term fuel retention while permanent disposal routes are finalized.

Key Market Players

Veolia Environnement S.A.
Bechtel Corporation
Waste Control Specialists LLC
Perma-Fix Environmental Services, Inc.
Jacobs Solutions Inc.
EnergySolutions, LLC
Studsvik AB
SNC-Lavalin Group Inc.
Rosatom State Atomic Energy Corporation
Augean PLC

Report Scope:

In this report, the Global Nuclear Waste Management Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Nuclear Waste Management Market, By Waste Type:

Low Level Waste
Intermediate Level Waste
High Level Waste

Nuclear Waste Management Market, By Reactor Type:

Pressurized Water Reactor
Boiling Water Reactor
Gas Cooled Reactor
Pressurized Heavy Water Reactor

Nuclear Waste Management Market, By Disposal Method:

Incineration
Storage
Deep Geological Disposal
Others

Nuclear Waste Management Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Nuclear Waste Management Market.

Available Customizations:

Global Nuclear Waste Management Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Nuclear Waste Management Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Waste Type (Low Level Waste, Intermediate Level Waste, High Level Waste)
- 5.2.2. By Reactor Type (Pressurized Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Pressurized Heavy Water Reactor)
- 5.2.3. By Disposal Method (Incineration, Storage, Deep Geological Disposal, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Nuclear Waste Management Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Waste Type
- 6.2.2. By Reactor Type
- 6.2.3. By Disposal Method
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Nuclear Waste Management Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Waste Type
    - 6.3.1.2.2. By Reactor Type
    - 6.3.1.2.3. By Disposal Method
- 6.3.2. Canada Nuclear Waste Management Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Waste Type
    - 6.3.2.2.2. By Reactor Type
    - 6.3.2.2.3. By Disposal Method
- 6.3.3. Mexico Nuclear Waste Management Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Waste Type
    - 6.3.3.2.2. By Reactor Type
    - 6.3.3.2.3. By Disposal Method

7. Europe Nuclear Waste Management Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Waste Type
- 7.2.2. By Reactor Type
- 7.2.3. By Disposal Method
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Nuclear Waste Management Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Waste Type
    - 7.3.1.2.2. By Reactor Type
    - 7.3.1.2.3. By Disposal Method
- 7.3.2. France Nuclear Waste Management Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Waste Type
    - 7.3.2.2.2. By Reactor Type
    - 7.3.2.2.3. By Disposal Method
- 7.3.3. United Kingdom Nuclear Waste Management Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Waste Type
    - 7.3.3.2.2. By Reactor Type
    - 7.3.3.2.3. By Disposal Method
- 7.3.4. Italy Nuclear Waste Management Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Waste Type
    - 7.3.4.2.2. By Reactor Type
    - 7.3.4.2.3. By Disposal Method
- 7.3.5. Spain Nuclear Waste Management Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Waste Type
    - 7.3.5.2.2. By Reactor Type
    - 7.3.5.2.3. By Disposal Method

8. Asia Pacific Nuclear Waste Management Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Waste Type
- 8.2.2. By Reactor Type
- 8.2.3. By Disposal Method
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Nuclear Waste Management Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Waste Type
    - 8.3.1.2.2. By Reactor Type
    - 8.3.1.2.3. By Disposal Method
- 8.3.2. India Nuclear Waste Management Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Waste Type
    - 8.3.2.2.2. By Reactor Type
    - 8.3.2.2.3. By Disposal Method
- 8.3.3. Japan Nuclear Waste Management Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Waste Type
    - 8.3.3.2.2. By Reactor Type
    - 8.3.3.2.3. By Disposal Method
- 8.3.4. South Korea Nuclear Waste Management Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Waste Type
    - 8.3.4.2.2. By Reactor Type
    - 8.3.4.2.3. By Disposal Method
- 8.3.5. Australia Nuclear Waste Management Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Waste Type
    - 8.3.5.2.2. By Reactor Type
    - 8.3.5.2.3. By Disposal Method

9. Middle East & Africa Nuclear Waste Management Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Waste Type
- 9.2.2. By Reactor Type
- 9.2.3. By Disposal Method
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Nuclear Waste Management Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Waste Type
    - 9.3.1.2.2. By Reactor Type
    - 9.3.1.2.3. By Disposal Method
- 9.3.2. UAE Nuclear Waste Management Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Waste Type
    - 9.3.2.2.2. By Reactor Type
    - 9.3.2.2.3. By Disposal Method
- 9.3.3. South Africa Nuclear Waste Management Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Waste Type
    - 9.3.3.2.2. By Reactor Type
    - 9.3.3.2.3. By Disposal Method

10. South America Nuclear Waste Management Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Waste Type
- 10.2.2. By Reactor Type
- 10.2.3. By Disposal Method
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Nuclear Waste Management Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Waste Type
    - 10.3.1.2.2. By Reactor Type
    - 10.3.1.2.3. By Disposal Method
- 10.3.2. Colombia Nuclear Waste Management Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Waste Type
    - 10.3.2.2.2. By Reactor Type
    - 10.3.2.2.3. By Disposal Method
- 10.3.3. Argentina Nuclear Waste Management Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Waste Type
    - 10.3.3.2.2. By Reactor Type
    - 10.3.3.2.3. By Disposal Method

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Nuclear Waste Management Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Veolia Environnement S.A.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Bechtel Corporation
15.3. Waste Control Specialists LLC
15.4. Perma-Fix Environmental Services, Inc.
15.5. Jacobs Solutions Inc.
15.6. EnergySolutions, LLC
15.7. Studsvik AB
15.8. SNC-Lavalin Group Inc.
15.9. Rosatom State Atomic Energy Corporation
15.10. Augean PLC