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Cerium Oxide Nanoparticles Market worth 630.2 Million USD by 2022 | Key Players include Cerion, Plasmachem, American Elements, Inframat Advanced Materials, NYACOL Nano Technologies, and Nanophase Technologies

11-27-2018 08:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Cerium Oxide Nanoparticles Market, Cerium Oxide Nanoparticles

Cerium Oxide Nanoparticles Market, Cerium Oxide Nanoparticles

According to recent research "Cerium Oxide Nanoparticles Market by Form (Dispersion and Powder), Application (Chemical Mechanical Planarization, Catalyst, Biomedical, Energy), and Region (North America, APAC, Europe, and RoW) - Global Forecast to 2022", published by MarrketsandMarkets™, The cerium oxide nanoparticles market is projected to reach USD 630.2 Million by 2022 from USD 259.7 Million in 2017, at a CAGR of 19.4% from 2017 to 2022.

Browse 67 market data Tables and 32 Figures spread through 118 Pages and in-depth TOC on "Cerium Oxide Nanoparticles Market - Global Forecast to 2022"
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Revenue Pockets

The cerium oxide nanoparticles market is projected to reach USD 630.2 million by 2022, at a CAGR of 19.4% from 2017 to 2022. The growing usage of cerium oxide nanoparticles in various applications such as Chemical Mechanical Planarization (CMP), catalyst, and biomedical is driving the market.

The major challenge for the growth of the cerium oxide nanoparticles market is toxicity caused due to nanoparticles. The demand for cerium oxide nanoparticles has increased in recent years. However, there is an increasing concern about the use of these nanoparticles due to its toxicity. Various factors responsible for nanoparticle toxicity include the size of the particles, their surface properties, type of cells, and the method of exposure. Thus, this factor is expected to affect the growth of the cerium oxide nanoparticles market in the future.

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New product launches and expansions are key growth strategies adopted by market players to maintain and enhance their position in the cerium oxide nanoparticles market. Leading players in this market are also focusing on joint ventures & partnerships to increase their market shares.

Cerion (US) is a key player in the cerium oxide nanoparticles market. It accounted for the largest share of all the developmental activities undertaken in the cerium oxide nanoparticles market. The company is also focused on investing in research & development activities to develop newer technologies. The company introduced a cost-effective synthesis process that yields uniform and high-purity ceria nanoparticle dispersions, which are useful for various applications. The company partnered with Alfa Aesar (US) and Strem Chemicals (US) in 2014. This partnership helped Cerion distribute its products and improve customer base.

Plasmachem (Germany) is another company that has established a strong foothold in the cerium oxide nanoparticles market. The company partnered with two companies, Filgen (Japan) in 2016 and 3D-nano (Poland) in 2015 to improve its presence and enhance customer base in Japan and Poland. The company is also highly focussed on technological advancements and developing innovative products by collaborating with renowned universities, research institutes, and companies.

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Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), and Nanophase Technologies (US), are some of the leading players operating in the cerium oxide nanoparticles market. These companies are adopting various strategies, such as expansions, new product launches, and partnerships to increase their market shares and strengthen their position in the cerium oxide nanoparticles market.

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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MarketsandMarkets™ INC.
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USA: 1-888-600-6441
newsletter@marketsandmarkets.com

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