Cerium Oxide Nanoparticles Market To Grow USD 1,135 Million By 2026 with CAGR of 19.8% | Focuses On Top Companies, Region and Opportunities

According to the current analysis of Reports and Data, the global Cerium oxide nanoparticles market was valued at USD 257 Million in 2018 and is expected to reach USD 1,135 Million by the year 2026, at a CAGR of 19.8%. Cerium is a rare earth material that belongs to a lanthanide group of elements. Cerium reacts with oxygen to form cerium oxide nanoparticles, which have a wide range of applications across all fields. Cerium element is found in abundance, which has increased its importance in various biochemical, biomedical, and catalytic applications like low-temperature water-shift reaction, solar cells, oxygen sensors, auto-exhaust catalysts, glass polishing materials, cosmetics, and oxidation-resistant coatings.

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Key participants include Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), Nanophase Technologies (US), Meliorum Technologies, SkySpring Nanomaterials, American Elements, Strem Chemicals.

In small quantities, these are added to the end-products to improve the product's performance. However, excess use of cerium oxide nanoparticles can lead to toxicity. Cerium oxide has gained considerable importance in the medical field owing to its excellent self-regenerating antioxidant properties. It serves as a promising antioxidant for the treatment of various oxidative stress-related diseases. One of the significant challenges that still need to be solved is the safe and efficient use of cerium oxide nanoparticles in the pharmacological agents since nanoparticles tend to agglomerate, which can lead to toxicity and detrimental side-effects.

For making high-sensitive biosensor, Cerium oxide nanoparticles have been used. They are used as whole sensor or a part of the transducer element. Because of this there is certainty for cerium oxide nanoparticles to grow in the near future. North America has been one of the regions where there has been research and development in production of cerium oxide nanoparticles, as it is expected to favor the market growth. A region like Asia Pacific is about to see significant growth in coming years for these particles due to rise in the demand of medical and automotive sectors.

For this report, Reports and Data have segmented the Cerium oxide nanoparticles market based on the form type, application type, end-use, and region:

Form Type (Revenue, USD Million; 2016-2026)
o Dispersion
o Powder

Application Type (Revenue, USD Million; 2016-2026)
o Catalyst
o Biomedical
o Chemical Mechanical Planarization (CMP)
o Polishing
o Others

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End-Use (Revenue, USD Million; 2016-2026)
o Cosmetic
o Chemical
o Medical
o Others

Regional Outlook (Revenue in USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest
o Cerium oxide nanoparticles market is growing at a CAGR of 5% in the Asia Pacific, followed by North America and Europe, with 19.4 % and 19.3% CAGR, respectively. Increased R&D activities, coupled with high penetration of cerium oxide nanoparticles in various industrial applications, are expected to drive the market growth.
o As of 2018, Dispersion form type is the dominating Cerium oxide nanoparticle, which holds 64.1% of the global market. North American regional market is the chief revenue-generating source for this product segment, followed by Europe and Asia-Pacific regions
o An increase in applications and demand from various end-use industries coupled with funding support from research & development and decrease in cerium oxide nanoparticles are expected to drive the market growth.
o The key market players are adopting strategies like launching new products to satisfy a large number of customers. For example, Cerion advanced materials announced a cost-effective, flexible synthesis process that yields high-purity ceria nanoparticle dispersions suited for chemical mechanical planarization (CMP) and other polishing applications...Continued

Reasons to buy this market intelligence report:
1. Detailed market evaluation both at regional and global levels.
2. Significant changes in market scenario, along with an extensive competitive analysis
3. Classification of the industry based on product type, application, and region
4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

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In conclusion, the Cerium Oxide Nanoparticles Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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