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Pyroprocessing Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023

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Global Pyroprocessing Equipment Market

Pyroprocessing is a process in which any material is subjected to high temperature, typically over 800 degree Celsius in order to bring about a change in its chemical or physical property. Different steps involved in pyroprocessing technology are oxide reduction, distillation, electro refiner, injection casting, and re-oxidation. Various types of solvents used in pyroprocessing are molten salts and molten metals. Molten salts include lithium chloride (LiCl) and potassium chloride or lithium fluoride or calcium fluoride. Several types of molten metal used for pyroprocessing are magnesium, bismuth and cadmium. With the change in physical or chemical properties of minerals, ores or other materials pyroprocessing increases the economic value of these materials.

Pyroprocessing are used for high-burnup fuel process and requires less cooling times after the process completion. Moreover, it does not use solvents which contain carbon and hydrogen. This method is more compact and simple than aqueous methods and offers the features of reprocessing the fuel on the reactor (molten salt reactor and integral fast reactor) site. This advantage reduces the security issues and avoids the transportation of fuel from one site to another. Pyroprocessing separates many actinides and produces high radioactive fuel.

Global Pyroprocessing Equipment Market: Segmentation

There are various processes used in pyroprocessing such as electrolysis, voloxidation, volatilization in isolation, fluoride volatility and chloride volatility & solubility. Electrolysis is classified into two categories including PYRO-A and PYRO-B. PYRO-A is used to separate various actinides from non-actinides. Pyro-B is a process used for processing and recycling of fuels. Voloxidation breaks up the molecules in the fuel to enhance penetration of reagents. Volatilization in isolation involves heating of fuel in an inert atmosphere within a temperature range of 700 degree Celsius to 1000 degree Celsius. Fluoride volatility involves reaction of fuel with fluorine.

 

Different types of equipments used in pyroprocessing include rotary kilns, dryers, electric arc furnaces, reverberatory furnaces and coolers. Several systems involved in pyroprocessing include indirect kiln systems, iron ore pelletizing systems, lime calcining system, lime hydration systems, petroleum coke calciners, waste processing systems, specialty calcining systems. Pyroprocessing has widespread applications across various industry verticals such as food, agriculture, chemicals, construction, mineral & ore industry. In construction industry, cement manufacturing is the most common example of pyroprocessing. With increase in construction activities across various regions, the pyroprocessing equipment market is expected to witness tremendous growth over the forecast period.

Global Pyroprocessing Equipment Market: Drivers and Restraints

Increasing urbanization in emerging nations such as Brazil, India and China has witness increase in constructional activity which in turn is fueling the demand for pyroprocessing equipments. However, continuous rise in fuel price is affecting the growth of pyroprocessing equipment market.

Global Pyroprocessing Equipment Market: Key Players Mentioned in the Report

Some of the major players in pyroprocessing equipment market include Metso Oyj, Sandvik AB, Outotec Oyj, FLSmidth & Co. A/S, Andritz AG, Valmet Corporation, Comso Inc. The Voith GmbH, HEKO Ketten GmbH, Ferrostaal AG, C&C Oil Co., IKN USA Inc., NAK Kiln Services, Zhenjiang Huangxu Anchor Chain Co., Ltd, Terex Corporation, Atlas Copco, A Tec Greco, A-C Equipment Services Corporation and The Flowserve Corporation among others.

 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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