High Assay Low Enriched Uranium(HALEU) Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

High Assay Low Enriched Uranium(HALEU) Market
HALEU is uranium that has been enriched so that the concentration of the fissile isotope U-235 is between 5 and 20 percent of the mass of the fuel. This is higher than the 3 to 5 percent U-235 concentration, or "assay," of Low-Enriched Uranium that fuels the existing fleet of light water reactors. It is still far below the 90 percent assay used to make weapons or power the U.S. Navy's fleet of nuclear submarines and aircraft carriers.

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According to new survey, global High Assay Low Enriched Uranium(HALEU) market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole High Assay Low Enriched Uranium(HALEU) market research.
HALEU fuel has many advantages that improve reactor performance. The higher concentration of fissile U-235 means the fuel assemblies and reactors can be smaller, and reactors don't need refueling as often, which is why many small modular reactor (SMR) and microreactor designs will run on HALEU. HALEU can also reduce the volume of waste generated. HALEU can also be used in next generation fuel forms for the existing fleet of reactors. These new HALEU-based fuels bring improved economics and inherent safety features, while also increasing the amount of carbon-free electricity that can be generated.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global High Assay Low Enriched Uranium(HALEU) market with multiple angles, which provides sufficient supports to readers' strategy and decision making.

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Segment by Type
• TRISO Fuel Particles
• Solid Metallic Fuel

Segment by Application
• Nuclear Reactors
• Lifesaving Medical Isotope
• Science Research
• Others

By Company
Tenex, Centrus Energy, Louisiana Energy Services, BWX Technologies, Inc.
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