Nuclear Reactor Coolant Pump Market

Reactor Coolant Pump is a Crucial Component of a Nuclear Reactor
By: Rajesh Gunnam
 
Aug. 26, 2011 - PRLog -- The reactor coolant pump circulates the reactor coolant in the reactor to remove heat from the reactor
core at a constant flow rate. It is an important component of a nuclear reactor that is used to re circulate the coolant to the reactor pressure vessel at the required temperature and pressure. The usage level of the main coolant pump or the primary reactor coolant pump will vary according to the design of the nuclear power reactor.

The reactor coolant pump market is dependent on both new installations and replacements for use in
reactors.

The Asia Pacific region has seen a high level of demand for new installations due to the number of planned and proposed reactors in countries such as India and China which will become commercialized in the next few years.

The North American market will mainly depend on replacements until 2015 and then on new installations from 2015. The market in Canada will depend only on replacements as there are no upcoming plants in the country.

The European region will be driven by both new installations and replacements during the study period
2006 to 2020. Russia has upcoming plants which will create demand for new installations and countries
such as France, Ukraine and the UK will depend on replacements.

A number of countries have plans to establish nuclear power plants with the intention of making nuclear
energy part of their energy mix. By encouraging nuclear power, these countries are now on the list of emerging nuclear countries. This will lead to long term growth in the heat exchanger market.

There are a number of new reactors expected in the Asia Pacific region over the next 10 years, especially
in China and India. Industry expansion is one of the key driving forces for the growth of the nuclear reactor coolant pump market.

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A reactor coolant pump is installed when a new plant is built and as a replacement due to operational
problems or when the reactor coolant has reached its full life span.

Demand for reactor coolant pumps is expected to increase in the future due to the number of nuclear power plants being built in the Asia Pacific region, especially in China and India and also as a result of the
replacements that are expected to take place in North America and Europe.

GlobalData’s “Nuclear Reactor Coolant Pump Market - Global Market Size, Pricing Analysis, Regional Analysis and Competitive Landscape to 2020” gives detailed information on the global nuclear reactor coolant pump market and provides historical and forecast data for reactor coolant pump demand and revenues. The research analyzes trends in the global reactor coolant pump market and  gives detailed analysis of leading countries in the business.

The report analyzes key factors impacting the market. The total demand for nuclear reactor coolant pumps is given. The nuclear reactor coolant pump markets of major regions such as North America, Europe and Asia Pacific are analyzed. The countries covered in this study include the US, Canada, France, Russia, Germany, Ukraine, the UK, Japan, South Korea and China

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Source:Rajesh Gunnam
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Tags:Nuclear Energy, Nuclear Reactor, Coolant Pump
Industry:Energy
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