The Global Neutron Capture Market was valued at USD 89 million in 2023 and is projected to reach USD 191.71 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 8.90% during the forecast period (2023-2032). This growth is driven by increasing nuclear power generation, stringent safety regulations, and advancements in neutron absorber materials across spent fuel management applications.
As the nuclear industry prioritizes safer fuel storage solutions and nuclear waste management, key material suppliers and technology providers are innovating to meet global demand for neutron capture solutions. This blog profiles the Top 10 Companies in the Neutron Capture Market—leaders in boron-based alloys, composite materials, and nuclear safety systems.
🔟 1. 3M Company
Headquarters: Maplewood, Minnesota, USA
Key Offering: Boron-based neutron absorbers, nuclear-grade materials
3M is a global leader in neutron capture technology, providing advanced boron-stainless steel alloys for nuclear fuel storage applications. Their materials are used in spent-fuel pools and dry cask storage systems worldwide.
Innovation Focus:
- High-efficiency boron neutron absorbers
- Radiation-resistant material formulations
- Patented alloy manufacturing processes
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9️⃣ 2. Holtec International
Headquarters: Nantes, France This French nuclear technology company supplies neutron absorbing materials and integrated storage systems to European nuclear facilities. Innovation Focus: Headquarters: Jiangsu, China As China expands its nuclear power capacity, Jiangsu Hailong provides localized neutron capture solutions for the country’s growing spent fuel storage needs. Innovation Focus: Headquarters: Cranberry Township, Pennsylvania, USA While primarily a nuclear reactor provider, Westinghouse offers comprehensive spent fuel management solutions incorporating neutron absorbing materials. Innovation Focus: Download FREE Sample Report: Neutron Capture Market – View in Detailed Research Report The companies profiled above represent the technological vanguard in nuclear safety, developing solutions that enable both current nuclear operations and future clean energy expansion.
Key Offering: Nuclear fuel storage solutions, neutron absorbers
4️⃣ 6. Jiangsu Hailong Nuclear Technology
Key Offering: Domestic neutron absorber materials
3️⃣ 7. Westinghouse Electric Company
Key Offering: Integrated fuel storage systems
