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Scintillator Market: Global Size, Industry Trends, Leading Players, Share and Forecast 2019-2025

11-27-2019 10:41 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orion Market Research

Significant rise in the number of nuclear power plants is one of the major factors contributing to the growth of the global scintillator market. For instance, as per the World Nuclear Association, nuclear power capacity across the globe is growing steadily, with nearly 50 reactors under construction in 2016. The growth in nuclear power plants has significantly witnessed in Asia-Pacific. According to the International Atomic Energy Agency, in July 2018, China has 41 operational nuclear power units and 15 nuclear power units under construction. In China, nuclear energy contributed to 4% of the overall electricity mix in 2017. In January 2018, a merger between major nuclear power firms of China, namely the China National Nuclear Corporation (CNNC) and the China Nuclear Engineering Corporation (CNEC) is reported, which would likely to propel the growth of the nuclear power plants in the country.

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Moreover, as a part of the massive infrastructure development programme, the Indian government is focusing on increasing its nuclear power capacity. For instance, in 2019, there were seven nuclear power reactors under construction in India, with an integrated capacity of 5.4 GWe. As per the estimation of OECD International Energy Agency, India will need some $1.6 trillion investment in power generation, transmission and distribution by 2035. Furthermore, South Korea produced 27% of the country’s electricity from nuclear reactors in 2017. The country has 23 operable nuclear power reactors, with a combined net capacity of 22 GWe. The country has four new nuclear reactors under construction and four in UAE. This, in turn, is contributing to the growth of the global scintillator market.

A full report of Scintillator Market is available at: https://www.omrglobal.com/industry-reports/scintillator-market

The increasing number of nuclear accidents and radiation exposure is increasing the need for scintillators across nuclear power plants. The scintillator is a radiation monitoring instrument that enables to identify and restrict nuclear threats. Passive detection of the fast neutron is considered as an indicator for the availability of some nuclear materials. Fast neutrons are the signature of plutonium, and the localization of sources is critical for nuclear plant safety and decommissioning as well as for detection of illicit transport of nuclear materials. Inorganic scintillators are currently absent from development efforts for detection of the fast neutron as it is the element of choice most easily found in organic compounds and plastics are currently dominating the research efforts. Scintillators are significantly used as they can be produced at an appropriate cost with good efficiency and enables to measure both the energy and intensity of incident radiation.

The organic crystal stilbene is being tested due to its good neutron–gamma discrimination; however, its fragile nature and the relatively large volume needed for the applications may restrict its use. With the development of inorganic scintillators in other forms than large single crystals, such as fibers, transparent ceramics, nanosize particles, and so on. It is expected that organic-inorganic composite materials could be developed making complete separation of gamma and neutron detection possible or more generally separating specific functionalities of the phases in a multi-component material. Therefore, the rising number of nuclear power plants is estimated to boost the global scintillator market.

Global Scintillator Market – Segmentation

By Material Composition

• Organic
• Inorganic

By Application

• Healthcare
• Nuclear Power Plants
• Homeland Security and Defense
• Others (Manufacturing Industry)

Global Scintillator Market – Segment by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404

About Orion Market Research

OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.

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