Global Ceria Market Growth 2023-2029

Global Ceria Market Growth 2023-2029

Ceria or Cerium(IV) oxide, also known as ceric oxide, ceric dioxide, cerium oxide or cerium dioxide, is an oxide of the rare-earth metal cerium. It is a pale yellow-white powder with the chemical formula CeO2. It is an important commercial product and an intermediate in the purification of the element from the ores. The distinctive property of this material is its reversible conversion to a non-stoichiometric oxide. This report focuses on Ceria after concentrate separation and purification (raw material), and does not include Ceria in secondary market such as further processing.
LPI (LP Information)' newest research report, the “Ceria Industry Forecast” looks at past sales and reviews total world Ceria sales in 2022, providing a comprehensive analysis by region and market sector of projected Ceria sales for 2023 through 2029. With Ceria sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ceria industry.
This Insight Report provides a comprehensive analysis of the global Ceria landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ceria portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ceria market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ceria and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ceria.
The global Ceria market size is projected to grow from US$ 77 million in 2022 to US$ 115.8 million in 2029; it is expected to grow at a CAGR of 115.8 from 2023 to 2029.
Global key manufacturers of ceria include China Northern Rare Earth, Chinalco Rare Earth & Metal, Golden Dragon Rare-Earth etc. The top 3 companies hold a share about 36%. Asia-Pacific is the largest market, with a share about 74%, followed by Europe and North America with the share about 12% and 9%. In terms of product, purity no less than 5N is the largest segment, with a share over 55%. And in terms of application, the largest application is polishing, followed by catalysis and glass additives.
This report presents a comprehensive overview, market shares, and growth opportunities of Ceria market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Purity No More Than 2N
Purity 3N-4N
Purity No Less Than 5N
Segmentation by application
Polishing
Catalysis
Glass Additives
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China Northern Rare Earth
Chinalco Rare Earth & Metal
Golden Dragon Rare-Earth
China Minmetals Rare Earth
Shenghe Resources
China Southern Rare Earth
Sichuan JCC Rare Earth Metals
Grirem Advanced Materials
Lynas Rare Earths
Neo Performance Materials
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ceria market?
What factors are driving Ceria market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ceria market opportunities vary by end market size?
How does Ceria break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.