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Global Cerium Oxide Nanoparticles Market: By Application: Energy Storage, Polishing Agent, Personal Care, Pharmaceuticals, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Cerium Oxide Nanoparticles Market Outlook

The global cerium oxide nanoparticles market stood at a value of around USD 0.5 billion in 2020. The market is further expected to grow at a CAGR of 14% in the forecast period of 2023-2028 to attain a value of USD 1.1 billion by 2026.

 

Global Cerium Oxide Nanoparticles Market

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Heightened Demand in the Pharmaceutical Sector to Aid the Growth of the Global Cerium Oxide Nanoparticles Industry

Based on application, the pharmaceutical sector is predicted to hold a significant market share in the cerium oxide nanoparticles industry. This can be attributed to the increasing demand for cerium oxide nanoparticles in the pharmaceutical sector, which is witnessing a rapid growth due to the increased investments by the leading players.

In addition, the rising incidences of various lifestyle diseases worldwide and the growing geriatric population are also anticipated to propel the pharmaceutical industry growth in the coming years. These factors are expected to contribute to the overall market growth of cerium oxide nanoparticles in the forecast period.

 

North America to Provide Lucrative Growth Opportunities for the Global Cerium Oxide Nanoparticles Industry Growth

North America is estimated to hold a substantial share of the cerium oxide nanoparticles industry in the forecast period. This growth can be attributed to the presence of the leading market players in the region. and the increased utilisation of cerium oxide nanoparticles in biomedical applications. The antibacterial activity and neurodegenerative potential, among others, offered by cerium oxide nanoparticles are propelling their demand in the biomedical sector. Moreover, the increasing demand for semiconductors in the region is also predicted to bolster the market growth in the coming years.

 

Cerium Oxide Nanoparticles: Market Segmentation

Cerium oxide (CeO2) nanoparticles are metal oxide nanoparticles that showcase significant antimicrobial activity and also have the potential to remove pathogens efficiently from different environments. CeO2 nanoparticles also offer antioxidant properties and find active use in semiconductor fabrication, as a component in catalytic converters for auto machines exhaustive, as a fuel additive, and as a UV-light absorber.

 

Global Cerium Oxide Nanoparticles Market By Segment

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By application, the market is divided into:

  • Energy Storage 
  • Polishing Agent
  • Personal Care
  • Pharmaceuticals 
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cerium Oxide Nanoparticles Market By Region

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Rising Demand for Renewable Energy Generation to Drive the Global Cerium Oxide Nanoparticles Industry Growth

The rising demand for renewable energy generation and the need to curb pollution levels globally are driving the demand for cerium oxide nanoparticles in various applications owing to their favourable properties. According to the World Bank statistics, pollution is the number one cause of premature death, with 9 million deaths caused as a direct result of air, water, and land pollution, annually. In addition, air pollution alone is responsible for a health damage of USD 5.7 trillion, increasing the economic burden. As a result, governments are strategising policies to mitigate pollution levels and global carbon emissions by deploying mechanisms to generate renewable energy. In this regard, cerium oxide nanoparticles find increasing usage as an electrolyte in solid oxide fuel cells, owing to their enhanced chemical reactivity, excellent oxygen storage capacity, and low emissions rate. Apart from this, the increased utilisation of nanoceria in personal care products, owing to its UV light filtering potential, is also projected to aid the market growth in the forecast period.

 

Key Industry Players in the Global Cerium Oxide Nanoparticles Market

The report gives a detailed analysis of the following key players in the global cerium oxide nanoparticles market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Meliorum Technologies, Inc.
  • Strem Chemical, Inc.
  • Nanophase Technologies Corporation
  • SkySpring Nanomaterials, Inc.
  • Inframat® Advanced Materials™, LLC
  • PlasmaChem GmbH
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region
Breakup by Application Energy Storage, Polishing Agent, Personal Care, Pharmaceuticals, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Meliorum Technologies, Inc., Strem Chemicals, Inc., Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., Inframat® Advanced Materials™, LLC, PlasmaChem GmbH, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Cerium Oxide Nanoparticles Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cerium Oxide Nanoparticles Historical Market (2018-2022) 
    8.3    Global Cerium Oxide Nanoparticles Market Forecast (2023-2028)
    8.4    Global Cerium Oxide Nanoparticles Market by Application
        8.4.1    Energy Storage
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Polishing Agent
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Personal Care
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Pharmaceuticals
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Others    
 8.5    Global Cerium Oxide Nanoparticles Market by Region
        8.5.1    North America
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022) 
            8.5.5.3    Forecast Trend (2023-2028)
9    North America Cerium Oxide Nanoparticles Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Cerium  Oxide Nanoparticles Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific  Cerium Oxide Nanoparticles Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America  Cerium Oxide Nanoparticles Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Cerium Oxide Nanoparticles Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code: 284610)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Competitive Landscape
    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    Meliorum Technologies, Inc.
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Strem Chemicals, Inc.
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Nanophase Technologies Corporation
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    SkySpring Nanomaterials, Inc.
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Inframat® Advanced Materials™, LLC
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    PlasmaChem GmbH
            17.2.6.1    Company Overview
            17.2.6.2    Product Portfolio
            17.2.6.3    Demographic Reach and Achievements
            17.2.6.4    Certifications
        17.2.7    Others
18    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Cerium Oxide Nanoparticles Market: Key Industry Highlights, 2018 and 2028
2.    Global Cerium Oxide Nanoparticles Historical Market: Breakup by Application (USD Billion), 2018-2022
3.    Global Cerium Oxide Nanoparticles Market Forecast: Breakup by Application (USD Billion), 2023-2028
4.    Global Cerium Oxide Nanoparticles Historical Market: Breakup by Region (USD Billion), 2018-2022
5.    Global Cerium Oxide Nanoparticles Market Forecast: Breakup by Region (USD Billion), 2023-2028
6.    North America Cerium Oxide Nanoparticles Historical Market: Breakup by Country (USD Billion), 2018-2022
7.    North America Cerium Oxide Nanoparticles Market Forecast: Breakup by Country (USD Billion), 2023-2028
8.    Europe Cerium Oxide Nanoparticles Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    Europe Cerium Oxide Nanoparticles Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Asia Pacific Cerium Oxide Nanoparticles Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Asia Pacific Cerium Oxide Nanoparticles Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Latin America Cerium Oxide Nanoparticles Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Latin America Cerium Oxide Nanoparticles Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Middle East and Africa Cerium Oxide Nanoparticles Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Middle East and Africa Cerium Oxide Nanoparticles Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Major Exporting Countries by Value
17.    Major Importing Countries by Value
18.    Major Exporting Countries by Volume
19.    Major Importing Countries by Volume
20.    Global Cerium Oxide Nanoparticles Market Structure

Key Questions Answered in the Report

In 2020, the global cerium oxide nanoparticles market attained a value of nearly USD 0.5 billion.

The market is projected to grow at a CAGR of 14% between 2023 and 2028.

The major drivers of the industry such as the increased demand for semiconductors, rapid technological advancements, increasing capital expenditure in the pharmaceutical and biomedical industry, rising demand for UV protection in personal care products, and the rising investments in the research and development of cerium oxide nanoparticles generation by the leading manufacturers are expected to aid the market growth.

The key market trends guiding the growth of the industry include the rising demand for renewable energy generation and the need to curb pollution levels globally.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant applications include energy storage, polishing agent, personal care, and pharmaceuticals, among others.

The major players in the industry are Meliorum Technologies, Inc., Strem Chemical, Inc., Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., Inframat® Advanced Materials™, LLC, and PlasmaChem GmbH, among others.

Analyst Review

The global cerium oxide nanoparticles market attained a value of USD 0.5 billion in 2020, driven by increased demand for cerium oxide nanoparticles in the pharmaceutical industry. Aided by the rising demand for renewable energy generation and the need to curb pollution levels globally, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 14%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of applications, the industry can be segmented into energy storage, polishing agent, personal care, and pharmaceuticals, among others. The major regional markets for cerium oxide nanoparticles are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Meliorum Technologies, Inc., Strem Chemical, Inc., Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., Inframat® Advanced Materials™, LLC, and PlasmaChem GmbH, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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