Product Code: ENE0543
The global molten salt reactors market was valued at US$10,350 million in 2021 and is projected to grow at a CAGR of 5.9% during the forecast period 2022-2032.
The Molten Salt Reactors Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Molten Salt Reactors Are Simple and Cheap to Make Compared to Conventional Reactors
In comparison to conventional reactors, which have many engineered redundant safety systems and enormous pressurised containment domes, molten salt reactors are simple and inexpensive to build. Molten salt reactors are less expensive than conventional reactors because they contain fewer parts. Furthermore, molten salt reactors are compact and simple to integrate into factory-based mass manufacturing. The cost savings associated with mass production lowers the cost and allows nuclear power to ramp up more quickly. Gravity, heat, and the most fundamental chemical characteristics of their materials are all replaced by robust systems in MSR reactors in place of such fragile ones.
For instance, Transatomic promises that for a total initial cost of roughly $1.7 billion, their reactor will be able to produce 500 megawatts. In contrast, the Westinghouse AP1000 super-advanced light water reactor produces little more than 1000 megawatts for about $7 billion. At least on paper, that is around half the cost per megawatt. The new reactor would also be compact enough to be constructed in a central factory and transported to the plant's final location rather than needing to be turned into an expensive, lengthy construction site.
What Questions Should You Ask before Buying a Market Research Report?
- How is the molten salt reactors market evolving?
- What is driving and restraining the molten salt reactors market?
- How will each molten salt reactors submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
- How will the market shares for each molten salt reactors submarket develop from 2022 to 2032?
- What will be the main driver for the overall market from 2022 to 2032?
- Will leading molten salt reactors markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
- Who are the leading players and what are their prospects over the forecast period?
- What are the molten salt reactors projects for these leading companies?
- How will the industry evolve during the period between 2020 and 2032? What are the implications of molten salt reactors projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the molten salt reactors market?
- Where is the molten salt reactors market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the molten salt reactors market today, and over the next 10 years:
- Our 381-page report provides 187 tables and 180 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them - NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the molten salt reactors market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2032 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising molten salt reactors prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.
Segments Covered in the Report
Market Segment by Class
- Molten Salt Fueled Reactors
- Molten Salt Cooled Reactors
Market Segment by Fuel Type
- Uranium
- Thorium
- Plutonium
Market Segment by MSR System
- FHR (salt cooled HTR, 7LiF -BeF 2)
- MSBR (graphite moderated, Th - U cycle, 7LiF -BeF 2 or 7LiF)
- MSFR (fast reactor, 7LiF)
- MCFR (fast reactor, Na37Cl)
- Other MSR System
Market Segment by End-User
- Oil & Gas Industry
- Shipping Industry
- Power & Energy Industry
- Manufacturing Industry
- Processing Industry
- Other End-User
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:
North America
Europe
- Germany
- Spain
- United Kingdom
- France
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
South America
- Brazil
- Mexico
- Rest of South America
The report also includes profiles and for some of the leading companies in the Molten Salt Reactors Market, 2022 to 2032, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth
- Copenhagen Atomics Company
- Elysium Industries Ltd Company
- Flibe Energy, Inc Company
- Fluor Corporation Company
- GE Hitachi Nuclear Energy Company
- Holtec International (SMR LLC) Company
- Kairos Power LLC Company
- Lightbridge Corporation Company
- Man Diesel & Turbo Se Company
- Manganese X Energy Corporation Company
- Mitsubishi Heavy Industries Limited Company
- Moltex Energy Ltd. Company
- Scatec SA Company
- Seaborg Technologies Company
- Steenkampskraal Thorium Ltd Company
- TerraPower, LLC Company
- Terrestrial Energy, Inc Company
- The Southern Company
- Thorium Power Canada Inc. Company
Overall world revenue for Molten Salt Reactors Market, 2022 to 2032 in terms of value the market will surpass US$10,888 million in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How will the Molten Salt Reactors Market, 2022 to 2032 report help you?
In summary, our 378-page report provides you with the following knowledge:
- Revenue forecasts to 2032 for Molten Salt Reactors Market, 2022 to 2032 Market, with forecasts for class, fuel type, MSR System, End-User and company size, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2032 for four regional and 20 key national markets - See forecasts for the Molten Salt Reactors Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 20 of the major companies involved in the Molten Salt Reactors Market, 2022 to 2032.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Molten Salt Reactors Market, 2022 to 2032, market-leading companies. You will find data, trends and predictions.
Table of Contents
1. Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Molten Salt Reactors Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered By This Analytical Report Include:
- 1.6 Who is This Report For?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Reports
- 1.10 About
2 Executive Summary
- 2.1 Types of MSR Reactors
- 2.2 MSR Proof
- 2.3 Early Work in MSR
- 2.4 Efficiency of MSR
- 2.5 MSR's Melt Down
- 2.6 Waste Produced by MSR
3 Premium Insights
- 3.1 Geographical Snapshot: Global Molten Salt Reactors Market
- 3.2 Class Segment: Market Attractiveness Index
- 3.3 Fuel Type Segment: Market Attractiveness Index
- 3.4 MSR System Segment: Market Attractiveness Index
- 3.5 End-Users Segment: Market Attractiveness Index
4 Molten Salt Reactor Industry Structure
- 4.1 MSR Technology Background
- 4.2 Functions of Molten Salts Reactors
- 4.3 Working of Molten Salt Reactors
- 4.4 The Fluoride Salts, Primary and Secondary Cooling
- 4.5 Chloride Salts
- 4.6 MSR's Research Focus
- 4.7 Fast Spectrum MSRs (MSFRs)
- 4.8 Molten Salt Actinide Recycler and Transmuter in Russia (MOSART)
- 4.9 Stable Salt Reactor (SSR)
- 4.10 Compact Molten Salt Reactor Technology (CMSR)
- 4.11 Fluoride-Salt-Cooled High-Temperature Reactors (FHRS)
- 4.12 Integral Molten Salt Reactor (IMSR®)
5 Market Overview
- 5.1 Key Findings
- 5.2 Market Dynamics
- 5.2.1 Market Driving Factors
- 5.2.2 Market Restraining Factors
- 5.2.3 Market Opportunities
- 5.3 COVID-19 Impact Analysis
- 5.4 Porter's Five Forces Analysis
- 5.4.1 Supplier Power
- 5.4.2 Buyer Power
- 5.4.3 Competitive Rivalry
- 5.4.4 Threat from Substitutes
- 5.4.5 Threat of New Entrants
- 5.5 PESTLE Analysis
- 5.5.1 Political Factor
- 5.5.2 Economic Factor
- 5.5.3 Social Factor
- 5.5.4 Technological Factor
- 5.5.5 Legal Factor
- 5.5.6 Environmental Factor
6 Global Molten Salt Reactors Market Analysis by Segment
- 6.1 Key Findings
- 6.2 Class Segment Growth Prospects
- 6.3 Global Molten Salt Reactors Market Share by Class, 2022 & 2032
- 6.4 Molten Salt Fueled Reactors
- 6.4.1 Molten Salt Fueled Reactors Market Forecast by Region, 2022-2032 (US$ Mn)
- 6.5 Molten Salt Cooled Reactors
- 6.5.1 Molten Salt Cooled Market Forecast by Region, 2022-2032 (US$ Mn)
- 6.6 Global Molten Salt Reactors Market Size Estimation and Forecast by Class
7 Global Molten Salt Reactors Market Analysis by Fuel Type
- 7.1 Key Findings
- 7.2 Fuel Type Segment Growth Prospects
- 7.3 Global Molten Salt Reactors Market Share by Fuel Type, 2022 & 2032
- 7.4 Uranium
- 7.4.1 Uranium Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 7.4.2 Uranium Market Forecast by Region, 2022-2032 (US$ Mn)
- 7.5 Thorium
- 7.5.1 Thorium Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 7.5.2 Thorium Market Forecast by Region, 2022-2032 (US$ Mn)
- 7.6 Plutonium
- 7.6.1 Plutonium Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 7.6.2 Plutonium Market Forecast by Region, 2022-2032 (US$ Mn)
- 7.7 Global Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
8 Global Molten Salt Reactors Market Analysis by MSR System
- 8.1 Key Findings
- 8.2 MSR System Segment Growth Prospects
- 8.3 Global Molten Salt Reactors Market Share by MSR System, 2022 & 2032
- 8.4 FHR
- 8.4.1 FHR Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 8.4.2 FHR Market Forecast by Region, 2022-2032 (US$ Mn)
- 8.5 MSBR
- 8.5.1 MSBR Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 8.5.2 MSBR Market Forecast by Region, 2022-2032 (US$ Mn)
- 8.6 MSFR
- 8.6.1 MSFR Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 8.6.2 MSFR Market Forecast by Region, 2022-2032 (US$ Mn)
- 8.7 MCFR
- 8.7.1 MCFR Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 8.7.2 MCFR Market Forecast by Region, 2022-2032 (US$ Mn)
- 8.8 Other MSR System
- 8.8.1 Other MSR System Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 8.8.2 Others MSR System Market Forecast by Region, 2022-2032 (US$ Mn)
- 8.9 Global Molten Salt Reactors Market Size Estimation and Forecast by MSR System
9 Global Molten Salt Reactors Market Analysis by End-User
- 9.1 Key Findings
- 9.2 End-User Segment Growth Prospects
- 9.3 Global Molten Salt Reactors Market Share by End-User, 2022 & 2032
- 9.4 Oil & Gas Industry
- 9.4.1 Oil & Gas Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.4.2 Oil & Gas Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.5 Shipping Industry
- 9.5.1 Shipping Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.5.2 Shipping Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.6 Power & Energy Industry
- 9.6.1 Power & Energy Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.6.2 Power & Energy Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.7 Manufacturing Industry
- 9.7.1 Manufacturing Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.7.2 Manufacturing Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.8 Processing Industry
- 9.8.1 Processing Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.8.2 Processing Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.9 Others
- 9.9.1 Others Industry Market Size Estimation and Forecast, 2022-2032 (US$ Mn)
- 9.9.2 Others Industry Market Forecast by Region, 2022-2032 (US$ Mn)
- 9.10 Global Molten Salt Reactors Market Size Estimation and Forecast by End-User
10 Global Molten Salt Reactors Market Analysis by Region
- 10.1 Key Findings
- 10.2 Regional Market Size Estimation and Forecast
- 10.3 COVID-19 Impact Analysis: Recovery Scenarios (V, U, W, L)
- 10.3.1 Global Molten Salt Reactors Market Forecast 2022-2032 (USD Mn)
- 10.3.2 Global Molten Salt Reactors Market by Region, 2022-2032 (USD Mn)
- 10.4 Recent Developments
- 10.4.1 Agreements support Canadian SMR development and deployment
- 10.4.2 China Says It's Closing in on Thorium Nuclear Reactor With prototype reportedly firing up in September, country teases commercial thorium power by 2030
- 10.4.3 INL is targeted site for world's first fast-spectrum salt reactor
- 10.4.4 At Idaho National Laboratory, TerraPower and Southern Company will present the first fast-spectrum salt reactor ever built.
- 10.4.5 SNC-Lavalin Group and Moltex Energy Canada have Established a Strategic Agreement to Enhanced Clean Nuclear Energy
- 10.4.6 The Goal of Seaborg is to Enable Developing Nations with Rising Energy Markets
11 North America Molten Salt Reactors Market Analysis
- 11.1 Key Findings
- 11.2 North America Molten Salt Reactors Market Attractiveness Index
- 11.3 North America Molten Salt Reactors Market by Country, 2022, 2027 & 2032 (US$ mn)
- 11.4 North America Molten Salt Reactors Market Size Estimation and Forecast by Country
- 11.5 North America Molten Salt Reactors Market Size Estimation and Forecast by Class
- 11.6 North America Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
- 11.7 North America Molten Salt Reactors Market Size Estimation and Forecast by MSR System
- 11.8 North America Molten Salt Reactors Market Size Estimation and Forecast by End-users
- 11.9 U.S.
- 11.10 Canada
12 Europe Molten Salt Reactors Market Analysis
- 12.1 Key Findings
- 12.2 Europe Molten Salt Reactors Market Attractiveness Index
- 12.3 Europe Molten Salt Reactors Market by Country, 2022, 2027 & 2032 (US$ mn)
- 12.4 Europe Molten Salt Reactors Market Size Estimation and Forecast by Country
- 12.5 Europe Molten Salt Reactors Market Size Estimation and Forecast by Class
- 12.6 Europe Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
- 12.7 Europe Molten Salt Reactors Market Size Estimation and Forecast by MSR System
- 12.8 Europe Molten Salt Reactors Market Size Estimation and Forecast by End-users
- 12.9 Germany
- 12.10 UK
- 12.11 France
- 12.12 Italy
- 12.13 Spain
- 12.14 Rest of Europe
13 Asia-Pacific Molten Salt Reactors Market Analysis
- 13.1 Key Findings
- 13.2 Asia-Pacific Molten Salt Reactors Market Attractiveness Index
- 13.3 Asia-Pacific Molten Salt Reactors Market by Country, 2022, 2027 & 2032 (US$ mn)
- 13.4 Asia-Pacific Molten Salt Reactors Market Size Estimation and Forecast by Country
- 13.5 Asia-Pacific Molten Salt Reactors Market Size Estimation and Forecast by Class
- 13.6 Asia-Pacific Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
- 13.7 Asia-Pacific Molten Salt Reactors Market Size Estimation and Forecast by MSR System
- 13.8 Asia-Pacific Molten Salt Reactors Market Size Estimation and Forecast by End-users
- 13.9 China
- 13.10 India
- 13.11 Japan
- 13.12 South Korea
- 13.13 Australia
- 13.14 Rest of Asia-Pacific
14 Middle East and Africa Molten Salt Reactors Market Analysis
- 14.1 Key Findings
- 14.2 Middle East and Africa Molten Salt Reactors Market Attractiveness Index
- 14.3 Middle East and Africa Molten Salt Reactors Market by Country, 2022, 2027 & 2032 (US$ mn)
- 14.4 Middle East and Africa Molten Salt Reactors Market Size Estimation and Forecast by Country
- 14.5 Middle East and Africa Molten Salt Reactors Market Size Estimation and Forecast by Class
- 14.6 Middle East and Africa Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
- 14.7 Middle East and Africa Molten Salt Reactors Market Size Estimation and Forecast by MSR System
- 14.8 Middle East and Africa Molten Salt Reactors Market Size Estimation and Forecast by End-users
- 14.9 South Africa
- 14.10 Saudi Arabia
- 14.11 Turkey
- 14.12 Rest of Middle East and Africa
15 South America Molten Salt Reactors Market Analysis
- 15.1 Key Findings
- 15.2 South America Molten Salt Reactors Market Attractiveness Index
- 15.3 South America Molten Salt Reactors Market by Country, 2022, 2027 & 2032 (US$ mn)
- 15.4 South America Molten Salt Reactors Market Size Estimation and Forecast by Country
- 15.5 South America Molten Salt Reactors Market Size Estimation and Forecast by Class
- 15.6 South America Molten Salt Reactors Market Size Estimation and Forecast by Fuel Type
- 15.7 South America Molten Salt Reactors Market Size Estimation and Forecast by MSR System
- 15.8 South America Molten Salt Reactors Market Size Estimation and Forecast by End-users
- 15.9 Brazil
- 15.10 Mexico
- 15.11 Rest of South America
16 Competitive Landscape
17 Company Profiles
- 17.1 Copenhagen Atomics Company
- 17.1.1 Company Snapshot
- 17.1.2 Company Overview
- 17.1.3 Product Benchmarking
- 17.2 Elysium Industries Ltd Company
- 17.2.1 Company Snapshot
- 17.2.2 Company Overview
- 17.2.3 Product Benchmarking
- 17.3 Flibe Energy, Inc Company
- 17.3.1 Company Snapshot
- 17.3.2 Company Overview
- 17.3.3 Product Benchmarking
- 17.4 Man Diesel & Turbo Se Company
- 17.4.1 Company Snapshot
- 17.4.2 Company Overview
- 17.4.3 Product Benchmarking
- 17.4.4 Strategic Outlook
- 17.5 Seaborg Technologies Company
- 17.5.1 Company Snapshot
- 17.5.2 Company Overview
- 17.5.3 Product Benchmarking
- 17.5.4 Strategic Outlook
- 17.6 Steenkampskraal Thorium Ltd Company
- 17.6.1 Company Snapshot
- 17.6.2 Company Overview
- 17.6.3 Product Benchmarking
- 17.6.4 Strategic Outlook
- 17.7 TerraPower, LLC Company
- 17.7.1 Company Snapshot
- 17.7.2 Company Overview
- 17.7.3 Product Benchmarking
- 17.7.4 Strategic Outlook
- 17.8 Terrestrial Energy, Inc Company
- 17.8.1 Company Snapshot
- 17.8.2 Company Overview
- 17.8.3 Product Benchmarking
- 17.9 The Southern Company Company
- 17.9.1 Company Snapshot
- 17.9.2 Company Overview
- 17.9.3 Financial Analysis
- 17.9.4 Product Benchmarking
- 17.9.5 Strategic Outlook
- 17.10 Scatec SA Company
- 17.10.1 Company Snapshot
- 17.10.2 Company Overview
- 17.10.3 Financial Analysis
- 17.10.4 Product Benchmarking
- 17.10.5 Strategic Outlook
- 17.11 Fluor Corporation Company
- 17.11.1 Company Snapshot
- 17.11.2 Company Overview
- 17.11.3 Financial Analysis
- 17.11.4 Product Benchmarking
- 17.11.5 Strategic Outlook
- 17.12 Manganese X Energy Corporation Company
- 17.12.1 Company Snapshot
- 17.12.2 Company Overview
- 17.12.3 Product Benchmarking
- 17.12.4 Strategic Outlook
- 17.13 GE Hitachi Nuclear Energy Company
- 17.13.1 Company Snapshot
- 17.13.2 Company Overview
- 17.13.3 Product Benchmarking
- 17.13.4 Strategic Outlook
- 17.14 Holtec International (SMR LLC) Company
- 17.14.1 Company Snapshot
- 17.14.2 Company Overview
- 17.14.3 Product Benchmarking
- 17.14.4 Strategic Outlook
- 17.15 Kairos Power LLC Company
- 17.15.1 Company Snapshot
- 17.15.2 Company Overview
- 17.15.3 Product Benchmarking
- 17.15.4 Strategic Outlook
- 17.16 Moltex Energy Ltd. Company
- 17.16.1 Company Snapshot
- 17.16.2 Company Overview
- 17.16.3 Product Benchmarking
- 17.16.4 Strategic Outlook
- 17.17 Thorium Power Canada Inc. Company
- 17.17.1 Company Snapshot
- 17.17.2 Company Overview
- 17.17.3 Product Benchmarking
- 17.18 Lightbridge Corporation Company Company
- 17.18.1 Company Snapshot
- 17.18.2 Company Overview
- 17.18.3 Product Benchmarking
- 17.18.4 Strategic Outlook
- 17.19 Mitsubishi Heavy Industries Limited Company Company
- 17.19.1 Company Snapshot
- 17.19.2 Company Overview
- 17.19.3 Financial Analysis
- 17.19.4 Product Benchmarking
- 17.19.5 Strategic Outlook
18 Conclusion and Recommendations
- 18.1 Concluding Remarks from
- 18.2 Recommendations for Market Players