Global Cerium Oxide Nanoparticles Market Outlook 2022-2035

The global cerium oxide nanoparticles market is anticipated to grow with a CAGR of 19% over the forecast period, i.e., 2023-2035. The major factors influencing the growth of the market are the growing generation of wastewater, along with a surge in demand for nanoparticles manufactured through green methods. Additionally, the market is also growing owing to the growing use of cerium oxide nanoparticles in cosmetics, as well as the growing demand for renewable energy. The market is estimated to garner a revenue of near to USD 6 billion by the end of 2035, up from a revenue of about USD 0.65 Billion in the year 2022.

The global cerium oxide nanoparticles market is segmented into numerous segment which includes, form and application. By form, the market is segmented into dispersion and powder. Out of these, the dispersion segment is expected to garner the highest revenue by the end of 2035. This growth could be owing to the rising use of dispersion cerium oxide nanoparticles for painting and coating.

On the basis of region, the global cerium oxide nanoparticles market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Out of these, the Asia Pacific excluding Japan market is set to garner the highest revenue of close to USD 3 Billion by the end of 2035, up from a revenue of more than USD 0.29 Billion in the year 2022. The growth of the market in this region could be owing to growing prevalence of cardiovascular disease.

Some of the prominent industry leaders in the global cerium oxide nanoparticles market that are included in our report are Meliorum Technologies, Inc., Strem, Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., NYACOL Nano Technologies Inc., Inframat Advanced Materials, LLC, PlasmaChem GmbH, Nanostructured & Amorphous Materials, Inc., United Nanotech Products Limited, Xinglu Chemical, ITEC Co.,Ltd, and others.