Global Neutron Poison Market: Growth, Trends, and Future Outlook to 2032

[kirtimotwani]

A neutron poison is a substance with a large neutron absorption cross-section used in nuclear reactors to control reactivity. Neutron-absorbing materials are intentionally inserted to lower reactivity levels.

Market Size

Download FREE Sample of this Report   

The global Neutron Poison market size was estimated at USD 89 million in 2023 and is projected to reach USD 191.71 million by 2032, with a CAGR of 8.90% during the forecast period.
The North America Neutron Poison market reached USD 26.86 million in 2023, growing at a CAGR of 7.63% through 2032.

Market Dynamics

Drivers
1. Increasing demand for nuclear energy as a sustainable power source.
2. Growth in nuclear power generation capacities globally.
3. Technological advancements in neutron poison materials enhancing reactor safety.

Restraints
1. Stringent regulatory requirements for nuclear reactor operations.
2. Concerns over nuclear waste disposal and environmental impacts.
3. High initial investment costs for nuclear power plant construction.

Opportunities
1. Development of advanced neutron poison materials for increased efficiency.
2. Rise in research and development activities for innovative reactor designs.
3. Potential growth in emerging markets for nuclear power technologies.

Challenges
1. Public perception and acceptance issues regarding nuclear power.
2. Vulnerability to nuclear accidents and safety concerns.
3. Limited availability of skilled workforce in the nuclear energy sector.

Regional Analysis

North America
North America has seen significant growth in the neutron poison market, with a market size estimated at USD 26.86 million in 2023 and a projected CAGR of 7.63% from 2025 to 2032. This growth is driven by increasing investments in nuclear technology and the demand for neutron-absorbing materials in various applications.

Europe
Europe is another key market for neutron poisons, with countries like Germany, UK, and France leading the way. The region benefits from strong governmental support for nuclear energy and the presence of major players like 3M and Holtec International, contributing to market growth.

Asia-Pacific
Asia-Pacific, including countries such as China, Japan, and India, is witnessing rapid growth in the neutron poison market. The increasing focus on nuclear power generation and the growth of the nuclear industry in the region are driving the demand for neutron absorbers.

Middle East & Africa
The Middle East and Africa region show potential for growth in the neutron poison market due to the rising investments in nuclear infrastructure. Countries like Saudi Arabia and the UAE are exploring nuclear energy, creating opportunities for neutron poison suppliers.

South & Central America
South & Central America are emerging markets for neutron poisons, with countries like Brazil and Argentina investing in nuclear power. The growing awareness of the importance of neutron absorbers in nuclear reactors is driving market growth in the region.

Competitor Analysis
Major Competitors:
Key players in the neutron poison market include 3M, Holtec International, and Lemer Pax, among others. These companies are at the forefront of developing neutron-absorbing materials and technologies.

Global Neutron Poison Market: Market Segmentation Analysis
In applications such as nuclear reactors, a neutron poison (also called a neutron absorber or a nuclear poison) is a substance with a large neutron absorption cross-section. In such applications, absorbing neutrons is normally an undesirable effect. However, neutron-absorbing materials, also called poisons, are intentionally inserted into some types of reactors in order to lower the high reactivity of their initial fresh fuel load. Some of these poisons deplete as they absorb neutrons during reactor operation, while others remain relatively constant.
The global Neutron Poison market size was estimated at USD 89 million in 2023 and is projected to reach USD 191.71 million by 2032, exhibiting a CAGR of 8.90% during the forecast period.
North America Neutron Poison market size was estimated at USD 26.86 million in 2023, at a CAGR of 7.63% during the forecast period of 2025 through 2032.
This report provides a deep insight into the global Neutron Poison market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Neutron Poison Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Neutron Poison market in any manner.

Market Segmentation (by Application)
• Spent-fuel Storage Racks
• Storage and Transportation Casks
• Others

Market Segmentation (by Type)
• Boron–stainless Steel Alloy
• Boron-aluminum Alloy
• Boron Carbide-aluminum Composites
• Others

Key Company
• 3M
• Holtec International
• Nikkeikin Aluminium Core Technology Company
• Nippon Yakin Kogyo
• MillenniTEK
• Lemer Pax
• Jiangsu Hailong Nuclear Technology

Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Neutron Poison Market
• Overview of the regional outlook of the Neutron Poison Market

Key Reasons to Buy this Report
• Access to date statistics compiled by our researchers
• Anticipate market changes to remain ahead of competitors
• Copy data from the Excel spreadsheet directly into marketing plans
• Concise analysis, clear graph, and table format for quick information retrieval
• Market value data for each segment and sub-segment
• In-depth analysis from various perspectives through Porter’s five forces analysis
• 6-month post-sales analyst support

FAQ

01.What is the current market size of Neutron Poison Market?
The global Neutron Poison market size was estimated at USD 89 million in 2023 and is projected to reach USD 191.71 million by 2032, exhibiting a CAGR of 8.90% during the forecast period.

02.Which key companies operate in the Neutron Poison Market?
Key companies operating in the Neutron Poison Market include 3M, Holtec International, Nikkeikin Aluminium Core Technology Company, Nippon Yakin Kogyo, MillenniTEK, Lemer Pax, and Jiangsu Hailong Nuclear Technology.

03.What are the key growth drivers in the Neutron Poison Market?
The key growth drivers in the Neutron Poison Market include increasing demand for nuclear reactors, advancements in neutron-absorbing materials, and the expansion of spent-fuel storage facilities.

04.Which regions dominate the Neutron Poison Market?
The regions dominating the Neutron Poison Market are North America, Europe, Asia-Pacific, South America, and The Middle East and Africa based on demand, supply, and market share.

05.What are the emerging trends in the Neutron Poison Market?
Emerging trends in the Neutron Poison Market include the development of innovative neutron-absorbing materials, technological advancements in storage and transportation solutions, and increasing focus on nuclear safety regulations.

Get the Complete Report & TOC  

Table of Contents

1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Neutron Poison
1.2 Key Market Segments
1.2.1 Neutron Poison Segment by Type
1.2.2 Neutron Poison Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats

2 Neutron Poison Market Overview
2.1 Global Market Overview
2.1.1 Global Neutron Poison Market Size (M USD) Estimates and Forecasts (2019-2032)
2.1.2 Global Neutron Poison Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region

3 Neutron Poison Market Competitive Landscape
3.1 Global Neutron Poison Sales by Manufacturers (2019-2025)
3.2 Global Neutron Poison Revenue Market Share by Manufacturers (2019-2025)
3.3 Neutron Poison Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Neutron Poison Average Price by Manufacturers (2019-2025)
3.5 Manufacturers Neutron Poison Sales Sites, Area Served, Product Type
3.6 Neutron Poison Market Competitive Situation and Trends
3.6.1 Neutron Poison Market Concentration Rate
3.6.2 Global 5 and 10 Largest Neutron Poison Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion

4 Neutron Poison Industry Chain Analysis
4.1 Neutron Poison Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Cust

www.24chemicalresearch.com

CONTACT US:
203A, City Vista, Fountain Road, Kharadi, Pune, India - 411014
International: [phone]
Asia: [phone]

ABOUT US:
Established in 2016, Chemical Research specializes in providing comprehensive chemical industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth chemical market research, identifying key trends, opportunities, and challenges shaping the global chemical industry.


Follow Us On LinkedIn:-  
https://www.linkedin.com/company/24chemicalresearch/

#NuclearTechnology #NeutronPoisonMarket #EnergyInnovation #MarketForecast #NuclearSafety