Pitchblende Market Size And Analysis, Trends, Recent Developments, And Forecast Till 2030

Pitchblende Market Size And Analysis, Trends, Recent Developments, And Forecast Till 2030

Reports and Data estimates the global Pitchblende competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2028 as the forecast period. The report offers CAGR and market size for the global Pitchblende during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Cameco Corporation (Canada), Orano SA (France), Rio Tinto Group (UK), Energy Fuels Inc. (U.S.), Energy Resources of Australia Ltd. (Australia), China National Nuclear Corporation (China), National Atomic Company Kazatomprom Joint Stock Company (Kazakhstan), Centrus Energy Corp. (U.S.), Ur-Energy Inc. (U.S.), Navoi Mining and Metallurgy Combinat (Uzbekistan), Pitchblende Energy Corp. (U.S.)

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Pitchblende Overview :-

The global pitchblende market size was significantly robust in 2021 and is expected to register a rapid revenue CAGR over the forecast period. Increasing use of pitchblende in the power generation industry for electricity generation through reactors due to its uses as a non-fossil fuel source and its adoption in healthcare and military sectors pertaining to ammunition and cancer treatment therapies are major factors driving market revenue growth.

Pitchblende, denoted as U, is found in isotope forms, as U-235, U-238 and U-230, among others. It is a radioactive element and is even denser than lead, which gives immense strength as well. Emitting alpha radiation, it can be found in granite ores and other igneous rocks and is formed in its yellowcake form, with a chemical formula of U3O8. This element can be hazardous and hence requires complete protection in production facilities mined majorly in Kazakhstan, Canada, and China. Depleted Pitchblende (DU) containing lesser concentration of the element are used in armors and ammunition along with medical diagnostic imaging technology.

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For the purpose of this report Reports and Data has segmented global Pitchblende market on the basis of type, application, and region:

Type (Revenue, USD Million; 2019-2030)

  • Granite Type Pitchblende Deposits
  • Volcanic-Type Pitchblende Deposits
  • Sandstone-Type Pitchblende Deposits
  • Carbonate-Siliceous-Pelitic Rock Type Pitchblende Deposits

Application/ End Use Outlook (Revenue, USD Million; 2019-2030)

  • Military
  • Electricity
  • Medical
  • Industrial
  • Others

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Pitchblende during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?

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About Reports and Data

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