The "Nuclear Materials Market Report 2026" indicates significant growth in the nuclear materials market, projected to rise from $60.58 billion in 2025 to $64.43 billion in 2026, reflecting a CAGR of 6.4%. This growth is attributed to increased demand for radiation shielding in medical imaging, expanded use of industrial radiography in non-destructive testing, advancements in nuclear power, and innovations in handling technologies. The market is anticipated to reach $81.48 billion by 2030, driven by investments in next-generation nuclear reactors, stricter regulations, and growth in nuclear medicine. Notably, North America was the leading region in 2025, while Asia-Pacific is expected to experience rapid growth. Key players include GE Vernova LLC and Mitsubishi Heavy Industries Ltd., among others. The report provides critical insights for businesses in the nuclear materials sector.
Mon, 19 Jan 2026 14:40:44 GMT | GlobeNewswire