China Thorium Reactor Industry Market Research Report 2023-2029

  • REPORT SUMMARY
  • TABLE OF CONTENTS
  • Thorium is a naturally occurring radioactive metal that was discovered by a Swedish chemist in 1828. It can be found in very trace levels in rocks and soils all over the world. There are several different minerals that contain thorium, but one of the most prevalent is monazite. It is a metal that is electropositive as well as extremely reactive. Thorium energy is non-polluting, easily scalable, inexpensive, and resistant to proliferation. At the moment, thorium fuel is utilized in a variety of different kinds of reactors, including heavy water reactors (HWR), high-temperature gas-cooled reactors, boiling water reactors (BWR) and so on.

    Impact of Russia and Ukraine War The Russia-Ukraine conflict has brought the fragility of fossil fuel supply chains to light, underscoring fears that the pandemic has laid bare. Rising energy prices in many regions fueled inflation and exacerbated energy poverty. Nuclear power has the characteristics of environmental protection, economic reliability and high efficiency. Nuclear power is a low-carbon clean energy that can reduce greenhouse gas emissions. The growth of nuclear power is driven by increasing global demand for electricity, increasing environmental awareness and fluctuations in the price and supply of fossil fuels. Nuclear power is one of the most competitive and important energy options in the world, especially for fast-growing countries that lack traditional fossil fuel resources. Therefore, the Russia-Ukraine conflict will provide more possibilities for the development of the Thorium Reacto industry. In addition, the Russo-Ukraine war also posed a greater threat to the safety of nuclear power plants located in Ukraine. Therefore, this aggravates European countries' concerns about nuclear safety risks and may have a certain negative impact on the Thorium Reacto industry.

    SINAP focuses on thorium-based molten salt reactor nuclear energy systems, efficient energy storage and conversion and other advanced energy science and technology as the main research direction. Research and development of key technologies in the fields of fuel cycle and comprehensive utilization of nuclear energy. The overall development goal of the Institute is to take the lead in realizing the system verification and industrial application of the thorium-based molten salt reactor nuclear energy system (TMSR) in the world with the goal of improving nuclear energy safety, long-term supply of nuclear fuel and minimizing radioactive waste in about 15 years. The Bhabha Atomic Research Centre (BARC) is India's premier nuclear research facility, headquartered in Trombay, Mumbai, Maharashtra, India. BARC is a multi-disciplinary research centre with extensive infrastructure for advanced research and development covering the entire spectrum of nuclear science, chemical engineering, material sciences and metallurgy, electronic instrumentation, biology and medicine, supercomputing, high-energy physics and plasma physics and associated research for Indian nuclear programme and related areas. BARC's core mandate is to sustain peaceful applications of nuclear energy. It manages all facets of nuclear power generation, from the theoretical design of reactors to, computer modeling and simulation, risk analysis, development and testing of new reactor fuel, materials, etc. It also researches spent fuel processing and safe disposal of nuclear waste. Its other research focus areas are applications for isotopes in industries, radiation technologies and their application to health, food and medicine, agriculture and environment, accelerator and laser technology, electronics, instrumentation and reactor control and material science, environment and radiation monitoring etc. BARC operates a number of research reactors across the country.

    Among different product types, Molten Salt Reactors (MSRs) segment is anticipated to contribute the largest market share in 2030.

    By application, the Grid-based Electric Power Generation segment occupied the biggest share from 2030 to 2040.

    Renewable energy has become the mainstream direction of global energy transformation, and the nuclear power industry has entered a new stage of development Affected by factors such as global warming and the continuous consumption of non-renewable fossil energy, the global energy consumption structure is accelerating the transition to low-carbon. The international community is paying more and more attention to issues such as ensuring energy security, protecting the ecological environment, and responding to climate change. Many countries have taken renewable energy as the strategic commanding heights of the new generation of energy technology and an important new field of economic development. Among them, nuclear power generation is a renewable energy utilization. one of the important components. The nuclear power industry policies issued by many countries and the requirements for low-carbon emissions and the promotion of clean energy have become an important thrust for the sustainable development of the nuclear power industry. According to data released by the World Nuclear Energy Association, in 2021, the total power generation of nuclear reactors will be 2653TWh, 100TWh higher than the 2553TWh in 2020, and resume the upward trend of nuclear power generation since 2012. Developments in the nuclear power generation market will provide a driving force for the Thorium Reactor industry. Thorium reactors are safer than uranium reactors Thorium has long been considered a safer fuel for nuclear power. When thorium is struck by high-energy neutrons, it is converted to fissile uranium-233, creating radioactive waste that is safer than the spent uranium-235 currently used by nuclear power plants. Therefore, Thorium Reactor is one of the main research and development directions at present.

    This report elaborates on the current development of the Thorium Reactor industry thoroughly based on the international market dynamics and China's market situation.

    For a start, the report provides an in-depth analysis of the current market situation through three different aspects - by region, by type and by application, which includes market distribution of different types and applications, import and export analysis of major regions, development trends of different types of products in each region, market opportunities and market restrains of different applications.

    Secondly, this report lists the major players in the industry, displaying their market positions and strengths and weaknesses of their products, picturing the current competitive situation of the whole market. 

    Last but not least, the report analyzes and predicts the investment prospects and risks in the industry on the basis of industry data, combined with experts' opinions and suggestions.

    By Player:

    • SINAP

    • ThorCon Power

    • Terrestrial Energy

    • BARC

    • Transatomic Power Corporation

    • Flibe Energy

    • TerraPower

    By Type:

    • Advanced Heavy Water Reactor (AHWR)

    • Molten Salt Reactors (MSRs)

    By Application:

    • Industrial Cogeneration

    • Grid-based Electric Power Generation

    • Other Application

    By Research Region:

    • North China

    • Central China

    • South China

    • East China

    • Northeast China

    • Southwest China

    • Northwest China

  • TABLE OF CONTENT

    Chapter 1 China Thorium Reactor Market Overview 2018-2029

    • 1.1 China Thorium Reactor Industry Development Overview

    • 1.2 China Thorium Reactor Industry Development History

    • 1.3 China Thorium Reactor Industry Market Size (2018-2029)

    • 1.4 China Thorium Reactor Market Analysis by Type from Production Side

      • 1.4.1 China Thorium Reactor Production Volume, Production Value and Growth Rate of Advanced Heavy Water Reactor (AHWR) (2018-2029)

      • 1.4.2 China Thorium Reactor Production Volume, Production Value and Growth Rate of Molten Salt Reactors (MSRs) (2018-2029)

    • 1.5 China Thorium Reactor Market Analysis by Application from Consumption End

      • 1.5.1 China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Industrial Cogeneration (2018-2029)

      • 1.5.2 China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Grid-based Electric Power Generation (2018-2029)

      • 1.5.3 China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Other Application (2018-2029)

    • 1.6 China Thorium Reactor Market Analysis by Region

      • 1.6.1 North China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.2 Central China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.3 South China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.4 East China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.5 Northeast China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.6 Southwest China Thorium Reactor Market Size and Growth Rate from 2018-2029

      • 1.6.7 Northwest China Thorium Reactor Market Size and Growth Rate from 2018-2029

    Chapter 2 China Thorium Reactor Industry Development Environment

    • 2.1 Industry Development Environment Analysis

      • 2.1.1 Industry Technological Progress Analysis

      • 2.1.2 Industrial Organizational Innovation Analysis

      • 2.1.3 Changes in Social Habits

      • 2.1.4 Alterations in Government Policies

      • 2.1.5 Impact of Economic Globalization

    • 2.2 Domestic and Foreign Industry Competition Analysis

      • 2.2.1 Comparative Analysis on Thorium Reactor Market Status and Competition at home and abroad in 2023

      • 2.2.2 China Thorium Reactor Market Status and Competition Analysis in 2023

      • 2.2.3 China Thorium Reactor Market Concentration Analysis in 2023

    • 2.3 Problems and Countermeasures in the development of China Thorium Reactor Industry

      • 2.3.1 Industry Development Constraints

      • 2.3.2 Industry Development Considerations

      • 2.3.3 Suggestions on Industry Development Measures

      • 2.3.4 Development Strategies for SMEs

    • 2.4 Influence of COVID-19 Outbreak on Thorium Reactor Industry Development

    Chapter 3 Thorium ReactorIndustry Chain Analysis

    • 3.1 Thorium Reactor Industry Chain

    • 3.2 Thorium Reactor Upstream Industry Analysis

      • 3.2.1 Upstream Industry Development Status

      • 3.2.2 Upstream Industry Development Forecast

      • 3.2.3 Impact of Upstream Industry on the Thorium Reactor Market

    • 3.3 Thorium Reactor Downstream Industry Analysis

      • 3.3.1 Downstream Industry Development Status

      • 3.3.2 Downstream Industry Development Forecast

      • 3.3.3 Impact of Downstream Industry on the Thorium Reactor Market

    Chapter 4 China Thorium Reactor Market, by Type

    • 4.1 China Thorium Reactor Market Trend, by Type

    • 4.2 Product Types of Major Suppliers

    • 4.3 Competitive Landscape of Major Types

    • 4.4 China Thorium Reactor Total Production Volume and Growth Rate from Production Side

    • 4.5 China Thorium Reactor Production Volume and Growth Rate, by Type

      • 4.5.1 China Thorium Reactor Production Volume and Growth Rate of Advanced Heavy Water Reactor (AHWR)

      • 4.5.2 China Thorium Reactor Production Volume and Growth Rate of Molten Salt Reactors (MSRs)

    Chapter 5 China Thorium Reactor Market, by Application

    • 5.1 Downstream Market Overview

    • 5.2 Competitive Landscape of Major Applications

    • 5.3 Market Potential Analysis, by Application

    • 5.4 China Thorium Reactor Total Market Size and Growth Rate from Consumption End

    • 5.5 China Thorium Reactor Market Size and Growth Rate, by Application

      • 5.5.1 China Thorium Reactor Market Size and Growth Rate of Industrial Cogeneration

      • 5.5.2 China Thorium Reactor Market Size and Growth Rate of Grid-based Electric Power Generation

      • 5.5.3 China Thorium Reactor Market Size and Growth Rate of Other Application

    Chapter 6 China Thorium Reactor Market, by Region

    • 6.1 China Thorium Reactor Production Volume and Production Value, by Region

    • 6.2 China Thorium Reactor Sales Volume and Sales Value, by Region

    Chapter 7 North China Thorium Reactor Market Analysis

    • 7.1 North China Thorium Reactor Market, by Type

    • 7.2 North China Thorium Reactor Market, by Application

    Chapter 8 Central China Thorium Reactor Market Analysis

    • 8.1 Central China Thorium Reactor Market, by Type

    • 8.2 Central China Thorium Reactor Market, by Application

    Chapter 9 South China Thorium Reactor Market Analysis

    • 9.1 South China Thorium Reactor Market, by Type

    • 9.2 South China Thorium Reactor Market, by Application

    Chapter 10 East China Thorium Reactor Market Analysis

    • 10.1 East China Thorium Reactor Market, by Type

    • 10.2 East China Thorium Reactor Market, by Application

    Chapter 11 Northeast China Thorium Reactor Market Analysis

    • 11.1 Northeast China Thorium Reactor Market, by Type

    • 11.2 Northeast China Thorium Reactor Market, by Application

    Chapter 12 Southwest China Thorium Reactor Market Analysis

    • 12.1 Southwest China Thorium Reactor Market, by Type

    • 12.2 Southwest China Thorium Reactor Market, by Application

    Chapter 13 Northwest China Thorium Reactor Market Analysis

    • 13.1 Northwest China Thorium Reactor Market, by Type

    • 13.2 Northwest China Thorium Reactor Market, by Application

    Chapter 14 Company Profiles

      • 14.1 SINAP

        • 14.1.1 SINAP Company Profile

        • 14.1.2 SINAP Thorium Reactor Market Performance

        • 14.1.3 Product&Service Introduction

      • 14.2 ThorCon Power

        • 14.2.1 ThorCon Power Company Profile

        • 14.2.2 ThorCon Power Thorium Reactor Market Performance

        • 14.2.3 Product&Service Introduction

      • 14.3 Terrestrial Energy

        • 14.3.1 Terrestrial Energy Company Profile

        • 14.3.2 Terrestrial Energy Thorium Reactor Market Performance

        • 14.3.3 Product&Service Introduction

      • 14.4 BARC

        • 14.4.1 BARC Company Profile

        • 14.4.2 BARC Thorium Reactor Market Performance

        • 14.4.3 Product&Service Introduction

      • 14.5 Transatomic Power Corporation

        • 14.5.1 Transatomic Power Corporation Company Profile

        • 14.5.2 Transatomic Power Corporation Thorium Reactor Market Performance

        • 14.5.3 Product&Service Introduction

      • 14.6 Flibe Energy

        • 14.6.1 Flibe Energy Company Profile

        • 14.6.2 Flibe Energy Thorium Reactor Market Performance

        • 14.6.3 Product&Service Introduction

      • 14.7 TerraPower

        • 14.7.1 TerraPower Company Profile

        • 14.7.2 TerraPower Thorium Reactor Market Performance

        • 14.7.3 Product&Service Introduction

    Chapter 15 Research Conclusions and Investment Suggestions

    • 15.1 Thorium Reactor Industry Research Conclusions

    • 15.2 Thorium Reactor Industry Investment Suggestions

      • 15.2.1 Suggestions on Industry Development Strategy

      • 15.2.2 Suggestions on Industry Investment Direction

      • 15.2.3 Suggestions on Industry Investment Strategy


    List of Tables and Figures

    • Figure China Thorium Reactor Industry Market Size (2018-2029)

    • Figure China Thorium Reactor Production Volume, Production Value and Growth Rate of Advanced Heavy Water Reactor (AHWR) (2018-2029)

    • Figure China Thorium Reactor Production Volume, Production Value and Growth Rate of Molten Salt Reactors (MSRs) (2018-2029)

    • Figure China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Industrial Cogeneration (2018-2029)

    • Figure China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Grid-based Electric Power Generation (2018-2029)

    • Figure China Thorium Reactor Sales Volume, Sales Value and Growth Rate of Other Application (2018-2029)

    • Figure North China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure Central China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure South China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure East China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure Northeast China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure Southwest China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure Northwest China Thorium Reactor Market Size and Growth Rate from 2018-2029

    • Figure Thorium Reactor Industry Chain

    • Table Product Types of Major Suppliers in 2023

    • Figure China Thorium Reactor Market Share by Type in 2018

    • Figure China Thorium Reactor Market Share by Type in 2023

    • Figure China Thorium Reactor Total Production Volume and Growth Rate from Production Side (2018-2023)

    • Figure China Thorium Reactor Production Volume and Growth Rate of Advanced Heavy Water Reactor (AHWR) (2018-2023)

    • Figure China Thorium Reactor Production Volume and Growth Rate of Molten Salt Reactors (MSRs) (2018-2023)

    • Figure China Thorium Reactor Market Share by Application in 2018

    • Figure China Thorium Reactor Market Share by Application in 2023

    • Figure China Thorium Reactor Total Market Size and Growth Rate from Consumption End

    • Figure China Thorium Reactor Market Size and Growth Rate of Industrial Cogeneration (2018-2023)

    • Figure China Thorium Reactor Market Size and Growth Rate of Grid-based Electric Power Generation (2018-2023)

    • Figure China Thorium Reactor Market Size and Growth Rate of Other Application (2018-2023)

    • Table China Thorium Reactor Production Volume by Region (2018-2023)

    • Table China Thorium Reactor Production Volume Share by Region (2018-2023)

    • Figure China Thorium Reactor Production Volume Share by Region (2018-2023)

    • Table China Thorium Reactor Production Value by Region (2018-2023)

    • Table China Thorium Reactor Production Value Share by Region (2018-2023)

    • Figure China Thorium Reactor Production Value Share by Region (2018-2023)

    • Table China Thorium Reactor Sales Volume by Region (2018-2023)

    • Table China Thorium Reactor Sales Volume Share by Region (2018-2023)

    • Figure China Thorium Reactor Sales Volume Share by Region (2018-2023)

    • Table China Thorium Reactor Sales Value by Region (2018-2023)

    • Table China Thorium Reactor Sales Value Share by Region (2018-2023)

    • Figure China Thorium Reactor Sales Value Share by Region (2018-2023)

    • Table North China Thorium Reactor Production Volume by Type (2018-2023)

    • Table North China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure North China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table North China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table North China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure North China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table Central China Thorium Reactor Production Volume by Type (2018-2023)

    • Table Central China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure Central China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table Central China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table Central China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure Central China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table South China Thorium Reactor Production Volume by Type (2018-2023)

    • Table South China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure South China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table South China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table South China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure South China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table East China Thorium Reactor Production Volume by Type (2018-2023)

    • Table East China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure East China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table East China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table East China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure East China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table Northeast China Thorium Reactor Production Volume by Type (2018-2023)

    • Table Northeast China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure Northeast China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table Northeast China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table Northeast China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure Northeast China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table Southwest China Thorium Reactor Production Volume by Type (2018-2023)

    • Table Southwest China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure Southwest China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table Southwest China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table Southwest China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure Southwest China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table Northwest China Thorium Reactor Production Volume by Type (2018-2023)

    • Table Northwest China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Figure Northwest China Thorium Reactor Production Volume Share by Type (2018-2023)

    • Table Northwest China Thorium Reactor Sales Volume by Application (2018-2023)

    • Table Northwest China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Figure Northwest China Thorium Reactor Sales Volume Share by Application (2018-2023)

    • Table SINAP Company Profile

    • Table SINAP Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table ThorCon Power Company Profile

    • Table ThorCon Power Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table Terrestrial Energy Company Profile

    • Table Terrestrial Energy Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table BARC Company Profile

    • Table BARC Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table Transatomic Power Corporation Company Profile

    • Table Transatomic Power Corporation Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table Flibe Energy Company Profile

    • Table Flibe Energy Thorium Reactor Revenue, Price and Gross (2018-2023)

    • Table TerraPower Company Profile

    • Table TerraPower Thorium Reactor Revenue, Price and Gross (2018-2023)


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