Global Cerium Oxide Nanoparticles Market To Be Driven By The Growing Pharmaceutical Sector In The Forecast Period Of 2022-2027

Cerium Oxide Nanoparticles Market

The new report by Expert Market Research titled, ‘Global Cerium Oxide Nanoparticles Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global cerium oxide nanoparticles market, assessing the market based on its segments like application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents:

The key highlights of the report include:

Market Overview (2017-2027)

• Historical Market Size (2020): USD 0.5 Billion
• Forecast CAGR (2022-2027): 14%
• Forecast Market Size (2026): USD 1.1 Billion

The pharmaceutical sector, based on application, is anticipated to hold a significant share in the cerium oxide nanoparticles market. Rising investments by leading players is boosting the pharmaceutical sector which in turn is aiding the demand for cerium oxide. The growing incidence of various diseases owing to improper lifestyle and augmenting geriatric population is also predicted to boost the pharmaceutical market and contribute towards the market growth of cerium oxide nanoparticles market during the forecast period. The presence of major cerium oxide players in the North American region and its increased usage for biomedical purposes is expected to make it hold a significant share in the market in the forecast period. Antibacterial properties and neurodegenerative potential of cerium oxide nanoparticles, among others, are strengthening their demand in the biomedical sector.

Major Segments in the Market

Cerium oxide (CeO2) nanoparticles are metal oxide nanoparticles which possess antimicrobial property and have the ability to efficiently remove pathogens from different environments. It is an inorganic antioxidant with catalytic activities.

Read Full Report with Table of Contents:

Based on application, the market is segmented into:

• Energy Storage
• Polishing Agent
• Personal Care
• Pharmaceuticals
• Others

The major regional markets include:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Trends

According to the statistics from World Bank, around 9 million deaths are caused as a result of air, water and land pollution, annually, and it is the number one reason for premature deaths. Moreover, air pollution alone is responsible for a damage worth USD 5.7 trillion, in health, raising the economic burden. The rising demand for renewable energy production for restraining pollution levels across the globe is aiding the demand for cerium oxide nanoparticles. In the same light, governments are also strategising their policies in order to address the issues of pollution and carbon levels. Cerium oxide nanoparticles are utilised as an electrolyte, owing to its chemical reactivity, oxygen storage capacity and low emission rate, in solid oxide fuel cells. Along with this, its UV light filtration potential has augmented its usage in personal care products which in turn is anticipated to help the market of nanoceria in the forecast period.

News Assign

Key Market Players

The major players in the market are Meliorum Technologies, Inc., Strem Chemicals, Inc., Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., Inframat® Advanced Materials™, LLC, and PlasmaChem GmbH, among others.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

Company Name: EMR Inc.
Contact Person:- Irene Garcia, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, US
City: Sheridan
State: Wyoming
Country: United States

Explore more on Procurement Intelligence services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Leave a Reply

Your email address will not be published. Required fields are marked *