Californium is considered as rare earth element, belonging to the actinide series. Californium is one of the highly radioactive elements having the second-highest atomic mass among all the elements that have been produced in amounts large enough to see with the unaided eye. Californium finds application in starting nuclear reactors, as a source of neutrons for studying materials, and for synthesising higher mass elements. Globally, rise in the demand for cancer treatment application, and increasing research work in nuclear reactions and its potential benefits in developed countries are the prime growth drivers of californium market. In addition, emergence of potential application of californium such as discovery of precious metals such as silver or gold and biodefense and rising number of nuclear reactors in emerging economies such as China, India and others, will create new opportunities for californium market. However, complicated process of production, and radioactive nature of californium are the key restraints for californium market.
This report identifies the global californium market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global californium market.
The market for californium is extremely niche, and the production of californium is very less. At present, the production for californium in very small quantities is being done at the Oak Ridge National Laboratory in U.S. and in Research Institute of Atomic Reactors, Russia. Geographically North America dominated californium market, followed by Europe and is projected to have fastest growth, owing to rapidly increasing research and development phases in cancer treatment in the United States.
This report segments californium market on the basis of end-user, and regional market as follows:
- The report has focused study on californium market by basis of end-user such as: Nuclear Reactors, Research and Development, Healthcare, Exploration of groundwater sources, and Others
- This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the californium market. The major companies’ profiles in detail are as follows:
- Oak Ridge National Laboratory (U.S.)
- Research Institute of Atomic Reactors (Russia)