According to our (Global Info Research) latest study, the global Boron-based Neutron Absorber Material market size was valued at USD 174.1 million in 2022 and is forecast to a readjusted size of USD 247.4 million by 2029 with a CAGR of 5.1% during review period.
The neutron absorber materials are required to absorb neutrons without forming long-lived radionuclides during the reactor operations. The most commonly used materials are boron– stainless steel, boron carbide, and Boron Carbide-Aluminum Composite. They are used in spent nuclear fuel transportation and storage etc field.
The Global Info Research report includes an overview of the development of the Boron-based Neutron Absorber Material industry chain, the market status of Spent Fuel Storage Racks (Boron-Stainless Steel, Boron Carbide), Storage and Transportation Casks (Boron-Stainless Steel, Boron Carbide), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Boron-based Neutron Absorber Material.
Regionally, the report analyzes the Boron-based Neutron Absorber Material markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Boron-based Neutron Absorber Material market, with robust domestic demand, supportive policies, and a strong manufacturing base.
The report presents comprehensive understanding of the Boron-based Neutron Absorber Material market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Boron-based Neutron Absorber Material industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Boron-Stainless Steel, Boron Carbide).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Boron-based Neutron Absorber Material market.
Regional Analysis: The report involves examining the Boron-based Neutron Absorber Material market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Boron-based Neutron Absorber Material market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Boron-based Neutron Absorber Material:
Company Analysis: Report covers individual Boron-based Neutron Absorber Material manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Boron-based Neutron Absorber Material This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Spent Fuel Storage Racks, Storage and Transportation Casks).
Technology Analysis: Report covers specific technologies relevant to Boron-based Neutron Absorber Material. It assesses the current state, advancements, and potential future developments in Boron-based Neutron Absorber Material areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Boron-based Neutron Absorber Material market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Boron-based Neutron Absorber Material market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Boron Carbide-Aluminum Composite
Market segment by Application
Spent Fuel Storage Racks
Storage and Transportation Casks
Major players covered
Nikkeikin Aluminium Core Technology Company
Nippon Yakin Kogyo
Antai-heyuan Nuclear Energy Technology & Materials
Ramon Science and Technology
Stanford Advanced Materials (Oceania International)
Jiangsu Hailong Nuclear Technology
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Boron-based Neutron Absorber Material product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Boron-based Neutron Absorber Material, with price, sales, revenue and global market share of Boron-based Neutron Absorber Material from 2018 to 2023.
Chapter 3, the Boron-based Neutron Absorber Material competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Boron-based Neutron Absorber Material breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Boron-based Neutron Absorber Material market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Boron-based Neutron Absorber Material.
Chapter 14 and 15, to describe Boron-based Neutron Absorber Material sales channel, distributors, customers, research findings and conclusion.