A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Cerium
Oxide Nanoparticles
Market. The
study, titled “Cerium
Oxide Nanoparticles Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Cerium
Oxide Nanoparticles Market: Overview
Cerium
oxide nanoparticles are widely being used in several applications
across various end-user industries during the last few years due to
cerium’s property of promptly adjusting its electronic
configuration, consistent to its environment. The cerium oxide
nanoparticles market has witnessed robust growth in the last few
years owing to its applications in catalytic convertors, biomedical
applications, environmental protection, and energy. Demand for cerium
oxide nanoparticles is anticipated to increase significantly during
the forecast period due to its distinctive properties such as UV
filtering, high ionic conductivity, and radical scavenging. Rising
demand from various end-use industries including fuel additives,
medical implants, UV filters, energy storage devices, and fuel cells
is anticipated to augment the cerium oxide nanoparticles market
during the next few years.
Browse
Market Research Report @
Furthermore,
the application scope of cerium oxide nanoparticles is increasing in
end-user industries such as electronics. This, in turn, has proved to
be one of the key factors driving the market during the last few
years. Additionally, technological advancements combined with growing
research activities in nanoparticle applications is expected to fuel
usage of cerium oxide in various applications. This, in turn, would
propel the cerium oxide nanoparticles market in the next few years.
Cerium
Oxide Nanoparticles Market: Trends and Opportunities
Cerium
oxide nanoparticles have a wide range of applications across various
end-user industries such as medical, automotive, energy, electronics,
personal care and cosmetics. Medical was one of the key application
segments of the cerium oxide nanoparticles market in the last few
years. A similar trend is expected to continue during the forecast
period owing to its growing usage as a UV light sorbent, antioxidant,
and spinal healing agent, and in neural damage care. Automotive is
expected to be another key application of cerium oxide nanoparticles.
Cerium oxide is found in two oxidation states: Ce3+ and Ce4+. Its
unique property of switching its electronic configuration and
oxidation state to suit the environment makes it a valuable catalyst.
Hence, it is used in catalytic convertors. Researchers have
discovered an added utility for cerium oxide nanoparticles in the
production of fuel cells. This is expected to boost the market on
account of increasing demand for fuel cells across the globe.
Cosmetics, personal care and electronics, applications are
anticipated to witness substantial growth in the cerium oxide
nanoparticles market on account of growing demand for these products.
Researchers have discovered a quick, cost-effective and easy
technique for the production of nanomaterials of different metallic
oxides employing green chemistry. This is likely to provide lucrative
opportunities to the cerium oxide nanoparticles market during the
next few years.
Cerium
Oxide Nanoparticles Market: Geographical and Competitive Dynamics
North
America is expected to be the largest market for cerium oxide
nanoparticles, accounting for substantial share of the global demand
during the forecast period. Growing research and development
activities related to production of cerium oxide has proved to be a
critical market driver in North America. Europe is expected to be the
second-largest market for cerium oxide nanoparticles in terms of
regional segmentation. End-user applications such as medical,
automotive, and energy are estimated to drive the cerium oxide
nanoparticles market in the region. Major automotive OEMs are present
in Europe. This is projected to drive demand for cerium oxide
nanoparticles in the region. Asia Pacific is anticipated to witness
extensive growth during the next few years due to increasing demand
for cerium oxide nanoparticles in applications such as medical and
automotive. Furthermore, presence of growing economies such as China
and India is expected to boost the market on account of growing
automotive industry in the region. Latin America is anticipated to
witness steady growth in the cerium oxide nanoparticles market owing
to high demand from end-user industries predominantly driven by
growth in the automotive industry in the region. Middle East and
Africa is anticipated to expand on similar lines, especially in
growing economies such as South Africa and countries in GCC.
Get
accurate market forecast and analysis on the Cerium Oxide
Nanoparticles market. Request a sample to stay abreast on the key
trends impacting this market@
Major
players in the cerium oxide nanoparticles market include nanoMAG,
LLC, NYACOL Nano Technologies Inc., Nanophase Technologies
Corporation, SkySpring Nanomaterials, Inc., Strem Chemicals, Inc.,
Inframat Advanced Materials LLC, Meliorum Technologies, Inc., ANP
Co., LTD., and Nanostructured & Amorphous Materials, Inc.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The
regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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Us
Transparency
Market Research (TMR) is a market intelligence company, providing
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of quantitative forecasting and trends analysis provides
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research techniques in developing distinctive data sets and research
material for business reports.
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