Global Ceria Market Outlook 2022

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.
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.

Market Analysis and Insights: Global Ceria Market
The global Ceria market was valued at US$ 79 million in 2020 and it is expected to reach US$ 123.1 million by the end of 2027, growing at a CAGR of 5.8% during 2021-2027.

Global Ceria Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Ceria Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Purity No More Than 2N
Purity 3N-4N
Purity No Less Than 5N

Segment by Application
Polishing
Catalysis
Glass Additives
Others

By Company
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

Production by Region
Australia
Europe
China

Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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