

All the thorium-capable reactor systems applies a basic design principle in thorium fuel systems is that of heterogeneous fuel arrangement, wherein a high fissile fuel zone called the seed region is physically separated from the fertile thorium part of the fuel known as blanket. Such an arrangement is better for supplying surplus neutrons to thorium nuclei so they can convert to fissile U-233.
The global Thorium Reactor market was valued at US$ 432 million in 2023 and is anticipated to reach US$ 504.3 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
North American market for Thorium Reactor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Thorium Reactor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Thorium Reactor include General Electric, Mitsubshi Heavy Industries, Terrestrial Energy, Moltex Energy, ThorCon Power, Terra Power, Flibe Energy, Transatomic Power Corporation and Thor Energy, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Thorium Reactor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thorium Reactor.
Report Scope
The Thorium Reactor market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thorium Reactor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thorium Reactor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Electric
Mitsubshi Heavy Industries
Terrestrial Energy
Moltex Energy
ThorCon Power
Terra Power
Flibe Energy
Transatomic Power Corporation
Thor Energy
Segment by Type
Heavy Water Reactors (PHWRs)
High-Temperature Gas-Cooled Reactors (HTRs)
Boiling (Light) Water Reactors (BWRs)
Pressurized (Light) Water Reactors (PWRs)
Fast Neutron Reactors (FNRs)
Molten Salt Reactors (MSRs)
Accelerator Driven Reactors (ADS)
Segment by Application
Nuclear Power Plant
Nuclear Fuel
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thorium Reactor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thorium Reactor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thorium Reactor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Thorium Reactor Market Overview
1.1 Product Definition
1.2 Thorium Reactor Segment by Type
1.2.1 Global Thorium Reactor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Heavy Water Reactors (PHWRs)
1.2.3 High-Temperature Gas-Cooled Reactors (HTRs)
1.2.4 Boiling (Light) Water Reactors (BWRs)
1.2.5 Pressurized (Light) Water Reactors (PWRs)
1.2.6 Fast Neutron Reactors (FNRs)
1.2.7 Molten Salt Reactors (MSRs)
1.2.8 Accelerator Driven Reactors (ADS)
1.3 Thorium Reactor Segment by Application
1.3.1 Global Thorium Reactor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Nuclear Power Plant
1.3.3 Nuclear Fuel
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Thorium Reactor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thorium Reactor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thorium Reactor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thorium Reactor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thorium Reactor Production Market Share by Manufacturers (2019-2024)
2.2 Global Thorium Reactor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thorium Reactor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thorium Reactor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thorium Reactor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thorium Reactor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thorium Reactor, Product Offered and Application
2.8 Global Key Manufacturers of Thorium Reactor, Date of Enter into This Industry
2.9 Thorium Reactor Market Competitive Situation and Trends
2.9.1 Thorium Reactor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thorium Reactor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thorium Reactor Production by Region
3.1 Global Thorium Reactor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thorium Reactor Production Value by Region (2019-2030)
3.2.1 Global Thorium Reactor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thorium Reactor by Region (2025-2030)
3.3 Global Thorium Reactor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thorium Reactor Production by Region (2019-2030)
3.4.1 Global Thorium Reactor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thorium Reactor by Region (2025-2030)
3.5 Global Thorium Reactor Market Price Analysis by Region (2019-2024)
3.6 Global Thorium Reactor Production and Value, Year-over-Year Growth
3.6.1 North America Thorium Reactor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thorium Reactor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thorium Reactor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thorium Reactor Production Value Estimates and Forecasts (2019-2030)
4 Thorium Reactor Consumption by Region
4.1 Global Thorium Reactor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thorium Reactor Consumption by Region (2019-2030)
4.2.1 Global Thorium Reactor Consumption by Region (2019-2024)
4.2.2 Global Thorium Reactor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thorium Reactor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thorium Reactor Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thorium Reactor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thorium Reactor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thorium Reactor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thorium Reactor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thorium Reactor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thorium Reactor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thorium Reactor Production by Type (2019-2030)
5.1.1 Global Thorium Reactor Production by Type (2019-2024)
5.1.2 Global Thorium Reactor Production by Type (2025-2030)
5.1.3 Global Thorium Reactor Production Market Share by Type (2019-2030)
5.2 Global Thorium Reactor Production Value by Type (2019-2030)
5.2.1 Global Thorium Reactor Production Value by Type (2019-2024)
5.2.2 Global Thorium Reactor Production Value by Type (2025-2030)
5.2.3 Global Thorium Reactor Production Value Market Share by Type (2019-2030)
5.3 Global Thorium Reactor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thorium Reactor Production by Application (2019-2030)
6.1.1 Global Thorium Reactor Production by Application (2019-2024)
6.1.2 Global Thorium Reactor Production by Application (2025-2030)
6.1.3 Global Thorium Reactor Production Market Share by Application (2019-2030)
6.2 Global Thorium Reactor Production Value by Application (2019-2030)
6.2.1 Global Thorium Reactor Production Value by Application (2019-2024)
6.2.2 Global Thorium Reactor Production Value by Application (2025-2030)
6.2.3 Global Thorium Reactor Production Value Market Share by Application (2019-2030)
6.3 Global Thorium Reactor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 General Electric
7.1.1 General Electric Thorium Reactor Corporation Information
7.1.2 General Electric Thorium Reactor Product Portfolio
7.1.3 General Electric Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 General Electric Main Business and Markets Served
7.1.5 General Electric Recent Developments/Updates
7.2 Mitsubshi Heavy Industries
7.2.1 Mitsubshi Heavy Industries Thorium Reactor Corporation Information
7.2.2 Mitsubshi Heavy Industries Thorium Reactor Product Portfolio
7.2.3 Mitsubshi Heavy Industries Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Mitsubshi Heavy Industries Main Business and Markets Served
7.2.5 Mitsubshi Heavy Industries Recent Developments/Updates
7.3 Terrestrial Energy
7.3.1 Terrestrial Energy Thorium Reactor Corporation Information
7.3.2 Terrestrial Energy Thorium Reactor Product Portfolio
7.3.3 Terrestrial Energy Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Terrestrial Energy Main Business and Markets Served
7.3.5 Terrestrial Energy Recent Developments/Updates
7.4 Moltex Energy
7.4.1 Moltex Energy Thorium Reactor Corporation Information
7.4.2 Moltex Energy Thorium Reactor Product Portfolio
7.4.3 Moltex Energy Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Moltex Energy Main Business and Markets Served
7.4.5 Moltex Energy Recent Developments/Updates
7.5 ThorCon Power
7.5.1 ThorCon Power Thorium Reactor Corporation Information
7.5.2 ThorCon Power Thorium Reactor Product Portfolio
7.5.3 ThorCon Power Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ThorCon Power Main Business and Markets Served
7.5.5 ThorCon Power Recent Developments/Updates
7.6 Terra Power
7.6.1 Terra Power Thorium Reactor Corporation Information
7.6.2 Terra Power Thorium Reactor Product Portfolio
7.6.3 Terra Power Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Terra Power Main Business and Markets Served
7.6.5 Terra Power Recent Developments/Updates
7.7 Flibe Energy
7.7.1 Flibe Energy Thorium Reactor Corporation Information
7.7.2 Flibe Energy Thorium Reactor Product Portfolio
7.7.3 Flibe Energy Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Flibe Energy Main Business and Markets Served
7.7.5 Flibe Energy Recent Developments/Updates
7.8 Transatomic Power Corporation
7.8.1 Transatomic Power Corporation Thorium Reactor Corporation Information
7.8.2 Transatomic Power Corporation Thorium Reactor Product Portfolio
7.8.3 Transatomic Power Corporation Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Transatomic Power Corporation Main Business and Markets Served
7.7.5 Transatomic Power Corporation Recent Developments/Updates
7.9 Thor Energy
7.9.1 Thor Energy Thorium Reactor Corporation Information
7.9.2 Thor Energy Thorium Reactor Product Portfolio
7.9.3 Thor Energy Thorium Reactor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Thor Energy Main Business and Markets Served
7.9.5 Thor Energy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thorium Reactor Industry Chain Analysis
8.2 Thorium Reactor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thorium Reactor Production Mode & Process
8.4 Thorium Reactor Sales and Marketing
8.4.1 Thorium Reactor Sales Channels
8.4.2 Thorium Reactor Distributors
8.5 Thorium Reactor Customers
9 Thorium Reactor Market Dynamics
9.1 Thorium Reactor Industry Trends
9.2 Thorium Reactor Market Drivers
9.3 Thorium Reactor Market Challenges
9.4 Thorium Reactor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
General Electric
Mitsubshi Heavy Industries
Terrestrial Energy
Moltex Energy
ThorCon Power
Terra Power
Flibe Energy
Transatomic Power Corporation
Thor Energy
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*If Applicable.