Cerium Oxide Nanoparticles Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Cerium Oxide Nanoparticles Market Size Worth $1.04 Billion By 2025�
The global cerium oxide nanoparticles market size is expected to reach USD 1.04 billion by 2025, according to a new report by Grand View Research, Inc. Strong demand from sectors such as construction and automobiles, increasing research and technological advancements is expected to benefit the market demand. Regarding application, energy storage dominated the segment and is expected to grow at a CAGR of 14.7% from 2017 to 2025. Cerium oxide nanoparticles is widely used as catalyst converters and fuel additive which enables to decrease the burnout time, reduce ignition time and peak temperature in automotive industry. These advantages coupled with the growth of automotive industry is expected to favor market growth over the next eight years. The chemical product has capability to act as UV refractors in sunscreen as they absorb and neutralize organophosphates (Ops). Moreover, it also enhances the quality of the personal care products. Cerium oxide nanoparticles are used in the manufacturing of energy storage products, personal care products, pharmaceutical products and as a polishing agent for glass industry. The broad application portfolio has benefitted the chemical demand in the recent past, and this scenario is expected to continue over the forecast period.
Companies have adopted strategies to make aware the consumers about benefits of cerium oxide nanoparticles by performing cerium oxide test in the optical polishing laboratory. In addition, companies are also trying to optimize their production process to obtain a high grade of the product.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/cerium-oxidenanoparticles-market
Follow Us:
Further key findings from the report suggest: The global cerium oxide nanoparticles demand was 9.1-kilo tons in 2016 in terms of volume and is expected to grow at a forecasted CAGR of 14.0% over the forecasted period.
Energy storage was the largest application segment in 2016 and is expected to reach USD 359.1 million by 2025
Polishing agent application segment is anticipated to grow at a forecasted CAGR of 14.5% from 2017 to 2025
Cerium oxide nanoparticles in pharmaceuticals are used to address issues such as obesity and lungs diseases. It acts as therapeutic agent for the treatment of intra-abdominal infection.
Cerium oxide nanoparticles market participants include Strem Chemicals, Inc., Nanophase Technologies, Corporation, American Elements among others.
Grand View Research has segmented the global cerium oxide nanoparticles market on the basis of application, and region: Cerium Oxide Nanoparticles Application Outlook (Revenue, USD Million; Volume kilo tons, 2014 - 2025) Energy Storage
Polishing Agent
Personal Care
Pharmaceuticals
Others
Cerium Oxide Nanoparticles Regional Outlook (Revenue, USD Million; Volume kilo tons, 2014 - 2025) North America o
U.S.
Europe o
UK
o
Germany
o
France
Asia Pacific o
China
o
India
o
Japan
Central & South America
Middle East & Africa
Table of Contents
Follow Us:
Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope and assumptions 1.3 List of data sources Chapter 2 Executive Summary 2.1 Cerium Oxide Nanoparticles- Industry snapshot and key buying criteria Chapter 3 Cerium Oxide Nanoparticles Industry Outlook 3.1 Cerium Oxide Nanoparticles market segmentation 3.2 Cerium Oxide Nanoparticles market size & growth prospects, 2014 - 2025 3.3 Cerium Oxide Nanoparticles value chain analysis 3.4 Cerium Oxide Nanoparticles market dynamics 3.5 Market driver analysis 3.5.1 Growing demand of end use application 3.5.2 Increasing research activities and technological advancements 3.5.3 Market restraint analysis 3.5.3.1 Toxicity and environmental impact of cerium oxide nanoparticles 3.6 Cerium Oxide Nanoparticles market key opportunities prioritized 3.7 Cerium Oxide Nanoparticles market PESTEL analysis 3.8 Cerium Oxide Nanoparticles Market Porter’s analysis Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058
Follow Us:
Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
Follow Us: