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Cerium (IV) Oxide Market By Product (Below 99%, 99%-99.9%, 9%-99.99%, Above 99.99%) By Application (Energy Storage, Polishing Agent, Personal Care, Pharmaceuticals, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The global cerium (IV) oxide market report explores the critical analysis of the cerium (IV) oxide industry using the key parameters. The report consists of investment strategies, the need for investments in the cerium (IV) oxide industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the global technical regulations for the cerium (IV) oxide industry and how economic and non-economic barriers are helping the cerium (IV) oxide market grow. Moreover, the report analyzes the global, regional, and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.


Key Highlights of the report

How are the major segments performing in the cerium (IV) oxide market?

  • In 2021, the 99%-99.9% segment held a significant share in the global cerium (IV) oxide market owing to the growing usage of polishing powder. This grade is most suitable for preparing polishing agents.
  • In 2021, the polishing agent category accounted for the highest revenue share in the cerium (IV) oxide market due to the increased usage in chemical mechanical polishing and planarization procedures, as well as in the production of corrosion-resistant metal and alloy coatings.

Which region dominated the cerium (IV) oxide market?

In 2021, North America dominated with the largest share in the global cerium (IV) oxide market due to the increased presence of cutting-edge technologies that contain cerium oxide nanoparticles. Moreover, growing usage in various industries, including biomedical, chemical, glass, and cosmetics, drives this region's market growth.

What is the competitive environment of the cerium (IV) oxide market?

The cerium (IV) oxide industry's competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the cerium (IV) oxide market share globally, the business organization summary, the introduction of new products, and the opportunities for the cerium (IV) oxide market. In addition, cerium (IV) oxide manufacturers' primary expansion strategies for reaching out to consumers include a well-structured and efficient supply chain as well as an expanded retailing network. 

Executive Summary

What is the role of cerium (IV) oxide in the pharmaceutical industry?

The cerium oxide nanoparticles have a wide range of uses, particularly in the biomedical area. It has a significant influence on human health and the environment, which is cause for worry. The purpose of this study is to discuss the many techniques of synthesis of nanoceria utilising chemical and green synthesis methods, as well as the characterization and uses of nanoceria for antioxidant, anticancer, antibacterial, and toxicological research. Moreover, cerium oxide is used therapeutically to deliver various medications and treat conditions brought on by oxidative stress, as well as for other purposes such as adjuvant in antiviral therapy, carrier and restriction enzyme mimetic in gene therapy, prebiotic and immunomodulator, a modulator of signal transduction in neurology, and redox therapy for cancer. 

Which are the key investments by the cerium (IV) oxide market players?

Leading players operating in the cerium (IV) oxide market are focusing on expansion in production capacities for storage and retrieval systems. Apart from this, players are concentrating on strategic mergers and acquisitions, collaborations and creating awareness among the businesses via various trade shows and energy conservation programs for helping the manufacturers to promote the usage of cerium (IV) oxide in the industry, which further helps to expand their customer base in global cerium (IV) oxide market to gain a competitive edge. Various private equity companies, venture capitalists, and strategic partners have invested in nanotechnologies. With a long-term perspective, savvy investors may recognise the potential for cerium oxide nanoparticles to provide large returns on their investment in this industry. 

Some major cerium (IV) oxide market players are Solvay, DuPont, Nanophase, Nyacol, SkySpring, Reinste, Advanced Nano Products, Applied Nanotech Holdings, Meliorum Technologies, and NovaCentrix.

What are the major driving factors for the cerium (IV) oxide market?

Increasing government focus towards nanotechnology research along with government financing and assistance for nanomaterials will drive the growth of the cerium (IV) oxide market over the forecast period. In addition, the increasing usage of cerium oxide nanoparticles in the healthcare and pharmaceuticals industry will boost the demand for the cerium (V) oxide in the market. Further, rising disposable income, rapid industrialization, and increasing government funding on pharmaceutical research and development in emerging countries are expected to drive the growth of the cerium (IV) oxide market in the coming years.

What are the major risks for the cerium (IV) oxide market?

The high cost of manufacturing cerium (IV) oxide and the toxicity induced by nanoparticles hampers the growth of cerium (IV) oxide market. Moreover, strict government restrictions, and negative impacts on the environment would also impede the market growth over the forecast period. 

Which is the key application in the cerium (IV) oxide market?

The polishing agent is the major revenue contributor in the cerium (IV) oxide market because it is used as a polishing agent and an additive for glasses. Because of the complicated surface chemistry, cerium oxide particles can form an exceptionally smooth glass surface during polishing. The unique polishing effect is the consequence of a combination of chemical dissolution, material deposition, and mechanical removal. Cerium (IV) oxide has a high capacity for oxygen storage and can supply enough oxidant for catalytic combustion processes. Because of the continuing downsizing of circuits, the semiconductor industry has a growing demand for high-purity cerium oxide-based polishing agents.

How is the cerium (IV) oxide market performing in regions?

North America is dominating with the largest share in the cerium (IV) oxide market and is predicted to sustain its dominance in the coming years due rising presence of cutting-edge technologies including cerium oxide nanoparticles. Furthermore, increasing utilisation in different sectors such as biomedical, chemical, glass, and cosmetics fuels the market growth across the region.

What is the regulatory landscape for the cerium (IV) oxide market?

The Environmental Protection Agency (EPA) oversees the manufacturing and distribution of commercial and industrial chemicals to guarantee that chemicals sold and used in the United States do not harm human health or the environment. In general, the catalytic activity of cerium oxide is proportional to the amount of Ce (IV) and oxygen vacancies present. Cerium oxide with a high Ce (IV) concentration generally has a lot of oxygen vacancies, which helps with oxygen exchange and redox processes. The Toxic Compounds Control Act (TSCA) of 1976 empowers the EPA to impose reporting, record-keeping, and testing requirements, as well as limits on chemical substances and combinations. The TSCA regulates the manufacture, importation, use, and disposal of cerium oxide nanoparticles.

What is the market size of cerium (IV) oxide regarding value?

The global cerium (IV) oxide market is anticipated to grow at a significant CAGR of XX% during the forecast period. The global cerium (IV) oxide industry was estimated to be worth USD XX billion in 2021 and was expected to be worth USD XX billion by 2028.

What are the major players planning for the future of the cerium (IV) oxide market?

Growing regional existence and investment in downstream applications are anticipated to deliver a competitive edge in the market. For instance, in May 2020, Nyacol has partnered with E.M. Sullivan Associates, Inc. for the distribution of its products. This partnership will help meet customers' demands by providing samples, product information, sales, and technical assistance to consumers.

Segmentation of Global Cerium (IV) Oxide Market-

Global Cerium (IV) Oxide Market – By Product

  • Below 99%
  • 99%-99.9%
  • 9%-99.99%
  • Above 99.99%

Global Cerium (IV) Oxide Market – By Application

  • Energy Storage
  • Polishing Agent
  • Personal Care
  • Pharmaceuticals
  • Others

Global Cerium (IV) Oxide Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the global cerium (IV) oxide market

The COVID-19 pandemic resulted in a prohibition on imports and exports, interrupting the supply chain and impeding the growth of the cerium (IV) oxide market.

North America accounted for the major global cerium (IV) oxide market revenue.

The major drivers responsible for the market's growth include wide acceptance in a variety of applications, growing emphasis on nanotechnology research, and increasing R&D investment in the pharmaceutical industry.

The 99%-99.9% segment had a major share in the global market in 2021.

The pharmaceuticals segment had a major share in the global market.

Cerium (IV) Oxide Market Scope

Report Attribute Details
Market Value in 2021 USD XX billion
Market Value in 2028 USD XX billion
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
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Published Date:  Oct 2022
Category:  Chemicals
Report ID:   60741
Report Format:   PDF
Pages:   130
Rating:    4.3 (40)
Delivery Time: 24 Hours to 48 Hours   
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