Cerium Oxide Nanoparticles Market Growth Factors, Trends and Forecast Report to 2025:Grand View Research, Inc.

San Francisco, 12 March, Cerium Oxide Nanoparticles Market Analysis By Application (Energy Storage, Polishing Agent, Personal Care, Pharmaceuticals), By Region, And Segment Forecasts, 2018 - 2025

The global ceriumoxide nanoparticles market 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.

Access Full Research Report On Cerium Oxide Nanoparticles Market Analysis:

http://www.grandviewresearch.com/industry-analysis/cerium-oxide-nanoparticles-market

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.

·         Industry participants include Strem Chemicals, Inc., Nanophase Technologies, Corporation, American Elements among others.

Browse More Reports Of This Category By Grand View Research At:  https://www.grandviewresearch.com/industry/nanoparticles

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

Browse Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-cerium-oxide-nanoparticles-market

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com/