Press release
Global Ceria-Zirconia Market Latest Trends, Forecast Analysis and Attractive Market Opportunities 2022 - 2030
Ceria-zirconia is a combination of cerium oxide (CeO2) and zirconium oxide (ZrO2). The product is being increasing used in the reduction of hydrocarbons, and for applications such as photocatalysis, and electronics manufacturing. The rising demand amongst companies for highly purified ceria-zirconia products, coupled with the rise in focus on reducing the impact of hydrocarbons on the environment using three-way catalysis is driving the growth of the global ceria-zirconia market.In terms of revenue, the global ceria-zirconia market is growing at a CAGR of 3.23% over the forecast period (2022 - 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
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The rapid spread of the coronavirus, and the pandemic has caused disruption in the supply chain across industries. The ceria-zirconia producers faced difficulties as a result of the decrease in revenue flow globally, and the shortage in staffing due to the social distancing and lockdown norms imposed by government bodies across the globe. Ceria-zirconia is mainly transported through the marine route, and stricter regulations associated with import and export during the pandemic created concerns amongst the market participants. However, the pandemic has generated additional opportunities for the market participants in the global ceria-zirconia market, especially in electronics manufacturing and medical device manufacturing ( mainly implants). NANOKER, for instance, is providing ceria-stabilized zirconia nanocomposite materials for the production of dental implants. The market is expected to see growth in revenue in the coming years, as the pandemic situation is getting under control and business operations are going back to the pre-pandemic setting.
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Key Players Influencing the Ceria-Zirconia Market:
Alfa Aesar, Thermo Fisher Scientific.
Ambinter byGreenpharma
American Elements
DAIICHI KIGENSO KAGAKU KOGYO CO., LTD.
Merck Group
Nanochemazone
NANOKER
NEO
Shandong Guoci Functional Materials Co., Ltd.
Other Market Participants
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Study Objectives of this Report:
Detailed overview of market.
Changing market dynamics of the industry.
In-depth market segmentation by Type, Application etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
Competitive landscape of market.
Strategies of key players and product offerings.
Potential and niche segments/regions exhibiting promising growth.
A neutral perspective towards market performance.
Market players' information to sustain and enhance their footprint.
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Global Ceria-Zirconia Market:
By Form
Nanoparticle
Nanopowder
By Purity
99%
5%
9%
By Applications
Bearings
Desalination Plant Components
Steam System Instrumentation
Boiler Probes
Underwater Sensors
Pump Pistons
Medical Instrumentation
Pump Liners
Valve Seats
Emission Sensors
Marine System Components
Chemical Pumps
Fluid Metering Pumps
Fluid Control V
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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