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Global Uranium (Production, Demand and Balance) Market Insights & Forecasts 2021-2025 - Rising Uranium Demand from China and Developing Nations - ResearchAndMarkets.com

January 14, 2022 GMT

DUBLIN--(BUSINESS WIRE)--Jan 14, 2022--

The “Global Uranium Market (Production, Demand and Balance): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering.

The global uranium production is forecasted to reach 63.16ktU in 2025, experiencing growth at a CAGR of 5% during the period spanning from 2021 to 2025.

Growth in the global uranium market was supported by factors such as rising nuclear power capacities, increasing urban population, increasing use of uranium in radiation and increasing use of uranium in the military. However, the market growth would be challenged by a decline in nuclear electricity generation, shutting down of mine operations and geopolitical issues.

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The market is anticipated to experience certain trends like uranium used in radioisotope thermoelectric generators and rising uranium demand from China and developing nations. A gradual decrease in secondary supply, a combination of uranium demand recovery and uranium stockpiling by producers and funds, would lead to the global uranium market remaining in deficit in 2021.

The global uranium production by region can be segmented into the following regions: Kazakhstan, Australia, Namibia, Canada, Uzbekistan, Niger, Russia, China, Ukraine, India, South Africa, USA. In 2020, the dominant share of the market was held by Kazakhstan. Kazakhstan has been an important source of uranium for more than 50 years.

The region would continue to dominate the world’s production of uranium during the forecast period, as the state-owned entity that mines and explores for uranium and also produces atomic power in the former Soviet republic.

The competitive landscape of the market, along with the company profiles of leading players (Kazatomptom, Orano, Uranium One, CGN, CNNC and BHP) are also presented in detail.

Key Topics Covered:

1. Market Overview

1.1 Uranium - Introduction

1.2 Isotopes of Uranium

1.3 Properties of Uranium

1.4 Uses of Uranium

1.5 Industrial Application of Uranium

1.6 Harmful Effects of Uranium

1.6.1 Harmful Effects of Uranium

1.6.2 Effects of Uranium on the Environment

2. Impact of COVID-19

2.1 Impact of COVID-19 on Global Economy

2.2 Impact of COVID-19 on Uranium Market

2.3 Nuclear Capacities Development in 2020

2.4 Mine Supply Change

3. Market Analysis

3.1 Global Uranium Production

3.2 Global Uranium Production Forecast

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3.3 Global Uranium Production by Region

3.4 Global Uranium Demand

3.5 Global Uranium Demand Forecast

3.6 Global Uranium Market Balance

3.7 Global Uranium Market Balance Forecast

4. Regional Market Analysis

4.1 Kazakhstan

4.1.1 Kazakhstan Uranium Production

4.2 Australia

4.3 Namibia

4.4 Canada

4.5 Uzbekistan

4.6 Niger

4.7 Russia

4.8 China

4.9 Ukraine

4.10 India

4.11 South Africa

4.12 USA

5. Market Dynamics

5.1 Growth Drivers

5.1.1 Rising Nuclear Power Capacity

5.1.2 Mounting Urban Population

5.1.3 Increasing Use of Uranium in Radiation

5.1.4 Increasing Use of Uranium in Military

5.2 Key Trends & Developments

5.2.1 Uranium in Radioisotope Thermoelectric Generators

5.2.2 Rising Uranium Demand from China and Developing Nations

5.3 Challenges

5.3.1 Decline in Nuclear Electricity Generation

5.3.2 Shutting Down of Mine Operations

5.3.3 Geo-Political Issues

6. Competitive Landscape

6.1 Global Market

6.1.1 Revenues Comparison- Key Players

6.1.2 Market Capitalization Comparison- Key Players

6.1.3 Research & Development Expenses Comparison- Key Players

6.1.4 Market Share Comparison- Key Players

7. Company Profiles

7.1 Business Overview

7.2 Financial Overview

7.3 Business Strategies

  • Kazatomprom
  • Orano
  • Uranium One
  • China General Nuclear Power Corporation
  • Broken Hill Proprietary’s (BHP)
  • China National Nuclear Corporation International Limited

For more information about this report visit https://www.researchandmarkets.com/r/f8ubye

View source version on businesswire.com:https://www.businesswire.com/news/home/20220114005223/en/

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KEYWORD: CHINA ASIA PACIFIC

INDUSTRY KEYWORD: NATURAL RESOURCES OTHER NATURAL RESOURCES MINING/MINERALS

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 01/14/2022 06:40 AM/DISC: 01/14/2022 06:41 AM

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