Thorium Market Growth, Industry Trend by Regions and Top Key Players (Arafura Resources, Blackwood, Crossland Uranium Mines) | Worldwide forecast by 2022

Businessindustryreports have new report on “Global Thorium Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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Generally Thorium is traded in granular or powdered form by suppliers and distributors. The thorium market offers its application in certain retail uses in composition with many other alloy elements. Thorium being the untapped energy available as a source of nuclear power is mainly found in the Earth’s crust as compared to that of Uranium and other fossil fuel sources. The increasing demand for thorium over uranium coupled with the sufficient availability is expected to uplift the thorium market over the forecast period.

The Rise in aerospace industries is expected to hold potential opportunities for its use in the composition with magnesium for air craft engines. Moreover to this, the non-nuclear use of thorium is expected to hold moderate growth in the thorium market during the forecast period.

Basic principle of design in thorium fuel systems is that of heterogeneous fuel arrangement, wherein a high fissile fuel zone called the seed region is physically separated from the fertile thorium part of the fuel known as blanket. Such an arrangement is better for supplying surplus neutrons to thorium nuclei so they can convert to fissile U-233. This principle applies to all the thorium-capable reactor systems. There are seven types of reactors into which thorium can be introduced as a nuclear fuel: Heavy Water Reactors (PHWRs), High-Temperature Gas-Cooled Reactors (HTRs), Boiling (Light) Water Reactors (BWRs), Pressurized (Light) Water Reactors (PWRs), Fast Neutron Reactors (FNRs), Molten Salt Reactors (MSRs), and Accelerator Driven Reactors (ADS).

Key Players:

1 Arafura Resources 

2 Blackwood 

3 Crossland Uranium Mines 

4 Kimberley Rare Earths Metal 

5 Navigator Resources 

6 Western Desert Resources 

7 Steenkampskraal Thorium and more...

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The thorium fuel cycle offers several potential advantages over uranium fuel cycle. These include much greater abundance on earth, superior physical and nuclear fuel properties, and reduced nuclear waste production. Since 2008, nuclear energy experts have shown key interests in thorium to supply nuclear fuel in place of uranium in order to generate nuclear power.

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Industry Segmentation:

1 Gas Mantles 

2 Electronic Equipment Coating 

3 Refractory Material Manufacturing 

4 Camera Lens/Scientific Instrument 

5 Nuclear Reactor 

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Table of Content:

1 Thorium Product Definition

2 Global Thorium Manufacturer Share and Market Overview

3 Manufacturer Thorium Business Introduction

4 Global Thorium Segmentation (Region Level)

5 Global Thorium Segmentation (Product Type Level)

6 Global Thorium Segmentation (Industry Level)

7 Global Thorium Segmentation (Channel Level)

8 Thorium Forecast 2018-2022

9 Thorium Segmentation Product Type

10 Thorium Segmentation Industry

11 Thorium Cost of Production Analysis

12 Conclusion

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