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Several countries are taking initiatives to prevent adverse environmental impact, health risks, air and land pollution, and global warming by cutting down carbon emissions. This is encouraging manufacturers to adopt nuclear fuels with reduced emissions of CO2, SO2, NOx, and other greenhouse gases (GHGs). This will propel growth of the global nuclear power industry. The lifecycle emissions in nuclear plants are much lower and nearly equivalent to the lifecycle emissions of renewable energy sources such as the wind, solar, and geothermal power generation. This will increase the adoption of such clean energy sources, which according to our research analysts will be one of the major factors that will have a positive impact on the growth of the nuclear deaerator market. Nuclear power provides uninterrupted power supply and does not produce emissions in operations. This will drive the adoption of nuclear energy in nations such as China, the US, India, and Russia, subsequently, driving the need for nuclear deaerators. Technavio's market research analysts predict that this market will register a revenue of almost USD 11 million by 2021.
The rising use of nuclear power in Asia is one of the key trends that will gain traction in the global nuclear deaerator market throughout the forecast period. Asian economies such as China and India are heavily investing in nuclear power generation due to the rising energy demand and the excessive amount of greenhouse gas (GHG) emissions from coal-fired power plants. During the next few years, China will contribute to more than half of the growth of the nuclear power industry in Asia.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by demand type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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