The global Cerium Oxide Nanoparticle market was valued at US$ 27 million in 2020 and it is expected to reach US$ 39 million by the end of 2027, growing at a CAGR of 5.2% during 2021-2027.
Nanotechnology is the branch of science which deals with particles ranging between 1–100 nm. These particles are called nanoparticles, and they exhibit unique electronic, optical, magnetic, and mechanical properties, which make them different from the bulk material. These properties of nanomaterials help them to find a variety of applications in the biomedical, agricultural, and environmental domains. Cerium oxide nanoparticles have gained a lot of attention as a potential future candidate for ending various kinds of problems by exhibiting redox activity, free radical scavenging property, biofilm inhibition, etc. Cerium oxide nanoparticles (CeONPs) have received much attention because of their excellent catalytic activities, which are derived from quick and expedient mutation of the oxidation state between Ce4+ and Ce3+.
Global Cerium Oxide Nanoparticle key players include Xuancheng Jingrui, Nanophase Technologies, Grirem Advanced Materials, Nyacol Nano Technologies, Ganzhou Zhanhai, etc. Global top five manufacturers hold a share nearly 30%.
North America is the largest market, with a share over 30%, followed by Europe and China, both have a share over 35 percent. In terms of product, 0-50 nm is the largest segment, with a share over 40%. And in terms of application, the largest application is Catalyst, followed by Precision Polishing, UV Absorber, etc.
Global Cerium Oxide Nanoparticle Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cerium Oxide Nanoparticle Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nyacol Nano Technologies, Nanophase Technologies, Meliorum Technologies, Cerion, Xuancheng Jingrui, Grirem Advanced Materials, Ganzhou Zhanhai, Changzhou Zhuoqun, Heli Rare Earth, Nanjing Emperor Nano Materials and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- 0-50 nm
- 50-100 nm
- Above 100 nm
Segment by Application
- Precision Polishing
- UV Absorber
Table of Content:
1 Cerium Oxide Nanoparticle Market Overview
2 Cerium Oxide Nanoparticle Market Competition by Manufacturers
3 Cerium Oxide Nanoparticle Retrospective Market Scenario by Region
4 Global Cerium Oxide Nanoparticle Historic Market Analysis by Type
5 Global Cerium Oxide Nanoparticle Historic Market Analysis by Application
6 Key Companies Profiled
7 Cerium Oxide Nanoparticle Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Cerium Oxide Nanoparticle Market Dynamics
10 Global Cerium Oxide Nanoparticle Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.