The cerium oxide nanoparticles market is projected to reach USD 630.2 Million by 2022 from USD 259.7 Million in 2017, at a CAGR of 19.4% from 2017 to 2022.
The high demand for cerium oxide nanoparticles from the CMP application especially in North America is driving the growth of the global cerium oxide nanoparticles market.
Dispersion form segment is projected to lead the cerium oxide nanoparticles between 2017 and 2022. In dispersion form, the particle size can be retained preventing particle agglomeration.
Chemical Mechanical Planarization (CMP) is the largest application segment of the cerium oxide nanoparticles market. Cerium oxide nanoparticles have been utilized in chemical mechanical planarization to polish wafers during manufacturing of semiconductors.
Cerium Oxide Nanoparticles Market
North America is the largest market for cerium oxide nanoparticles and APAC is the fastest-growing market, in terms of value. Countries in North America are witnessing a significant increase in the use of cerium oxide nanoparticles in CMP and biomedical applications. The region is witnessing a growth in the healthcare industry and presence of the largest producers and exporters of semiconductors driving the market for cerium oxide nanoparticles. The US was the largest market for cerium oxide nanoparticles in 2016 in this region.
Cerion (US), Plasmachem (Germany), American Elements (US), Inframat Advanced Materials (US), NYACOL Nano Technologies (US), and Nanophase Technologies (US) are the leading players in the cerium oxide nanoparticles market. These companies have adopted various organic and inorganic growth strategies, such as expansions, partnerships, and new product launches to enhance their shares in the cerium oxide nanoparticles market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Opportunities in Cerium Oxide Nanoparticles Market 4.2 Cerium Oxide Nanoparticles Market, By Type (2017-2022) 4.3 Cerium Oxide Nanoparticles Market in North America, By Application and Country, 2016 4.4 Cerium Oxide Nanoparticles Market: Developing vs Developed Countries
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 22.214.171.124 Increasing Use of Cerium Oxide Nanoparticles in Various Applications 126.96.36.199 Rising Focus of Government on Nanotechnology Research 188.8.131.52 Increasing Government Spending on Pharmaceutical R&D in Emerging Nations 5.2.2 Restraints 184.108.40.206 Toxicity Caused Due to Nanoparticles 5.2.3 Opportunities 220.127.116.11 Potential of Nanoceria to Be Used as an Antioxidant in Medical Applications 18.104.22.168 Environmental Friendly Synthesis of Nanoceria 5.2.4 Challenges 22.214.171.124 Negative Impact of Cerium Oxide Nanoparticles on the Environment
6 Industry Trends 6.1 Porter's Five Forces Analysis 6.1.1 Bargaining Power of Suppliers 6.1.2 Threat of New Entrants 6.1.3 Threat of Substitutes 6.1.4 Bargaining Power of Buyers 6.1.5 Intensity of Competitive Rivalry 6.2 Macroeconomic Indicators 6.2.1 Trends and Forecast of GDP 6.2.2 Contribution of the Healthcare Sector to GDP
7 Cerium Oxide Nanoparticles Market, By Form 7.1 Introduction 7.2 Dispersion 7.3 Powder
8 Cerium Oxide Nanoparticles Market, By Application 8.1 Introduction 8.2 Chemical Mechanical Planarization (CMP) 8.3 Catalyst 8.4 Biomedical 8.5 Energy 8.6 Others
9 Cerium Oxide Nanoparticles Market, By Region
10 Competitive Landscape
11 Company Profiles 11.1 Cerion, LLC 11.2 Plasmachem GmbH 11.3 American Elements 11.4 Nyacol Nano Technologies Inc. 11.5 Nanophase Technologies Corporation 11.6 Meliorum Technologies, Inc. 11.7 ANP Corporation 11.8 Inframat Advanced Materials LLC 11.9 Nanostructured & Amorphous Materials, Inc. 11.10 Skyspring Nanomaterials, Inc.