Lucintel anticipates that North America will be the fastest growing region in the cerium oxide nanoparticle market

   November 7, 2019
According to a new market report by Lucintel, the future of the cerium oxide nanoparticle market looks promising with opportunities in catalyst, biomedical, and energy applications. The cerium oxide nanoparticle market is expected to grow with a CAGR of 19% from 2019 to 2024. The major drivers for this market are increasing use of cerium oxide nanoparticles in various applications, rising focus of governments on nanotechnology research, and increasing government spending on pharmaceutical R&D in emerging nations.

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In this market, dispersion and powder form cerium oxide nanoparticle are used in various applications. Dispersion is the largest segment of the cerium oxide nanoparticle.

Within the cerium oxide nanoparticle market, CMP, catalyst, biomedical and energy are the major applications. Biomedical is expected to witness the highest growth over the forecast period due to increasing awareness of cerium oxide nanoparticles.

North America will remain the largest market over the forecast period due to increasing usage of nanoceria as an antioxidant in medical applications and environmental-friendly synthesis of nanoceria.

Cerion, Plasmachem, American Elements, Nyacol Nano Technologies Inc., Nanophase Technologies Corporation, Meliorum Technologies, Inc., ANP Corporation, Inframat Advanced Materials LLC, Nanostructured & Amorphous Materials, Inc., and Skyspring Nanomaterials, Inc. are among the major manufacturers of cerium oxide nanoparticles.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the cerium oxide nanoparticle market by form, application, and region. Lucintel has prepared a comprehensive research report entitled “Cerium Oxide Nanoparticle Market 2019-2024: Trends, Forecast, and Opportunity Analysis”. This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the cerium oxide nanoparticle market by form, application, and region as follows:

By Form [$M shipment analysis for 2019 – 2024]:  

  • Dispersion                     

  • Powder                                                            

By Application [$M shipment analysis for 2019 – 2024]:

  • CMP

  • Catalyst

  • Biomedical         

  • Energy

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • Germany

    • Spain

    • France

    • United Kingdom

    • Russia

  • Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • Thailand

  • The Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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