Cerium Oxide Nanoparticles Market Analysis
The Cerium Oxide Nanoparticles Market is expected to register a CAGR of greater than 15% during the forecast period.
- However, the toxic nature at high concentrations of cerium oxide nanoparticles and the unfavorable conditions arising due to the COVID-19 outbreak are likely to hinder the growth of the studied market.
- The potential application of nanoceria to be used as an antioxidant in medical applications are likely to provide opportunities for the Cerium oxide nanoparticles market over the next five years.
- North America region dominates the cerium oxide nanoparticles market, owing to growing application of cerium oxide nanoparticles in the region.
Cerium Oxide Nanoparticles Market Trends
Chemical Mechanical Planarization (CMP) Segment to Dominate the Market
- Chemical Mechanical Planarization (CMP) segment stands to be the dominating segment owing to increased application of cerium oxide nanoparticles in CMP by emerging countries like China and India, along with developed countries like United States.
- Chemical mechanical planarization (CMP) process has been integrated with the semiconductor manufacturing to reduce uneven topography on the wafer. Consequently, cerium oxide nanoparticles are used to polish wafers during semiconductor circuit manufacturing which in turn expected to positively impact the market.
- Adoption of CMP (Chemical Mechanical Planarization), in turn, has increased owing to its use in integrated chip fabrication to remove surface materials and flatten the surface.
- The semiconductor industry witnessed steady growth in 2018, with an increase in memory prices, growing adoption of graphics processing units (GPUs) by cloud companies and data centers for tasks associated with artificial intelligence is anticipated to boost the demand for cerium oxide nanoparticles.
- All the aforementioned factors are expected to drive the market studied during the forecast period.
North America Region to Dominate the Market
- North America region stands to be the dominating market for cerium oxide nanoparticles owing to rising demand from various end-use industries including fuel additives, medical implants, UV filters, energy storage devices, and fuel cells is anticipated to augment the cerium oxide nanoparticles market
- Cerium oxide nanoparticles have antibacterial activity, neurodegenerative effect, SOD mimicking activity, catalase mimicking activity, and peroxidase mimicking activity which enhances its area of applicability in energy storage products, personal care products, polishing agent for glass mirrors, owing to its versatile properties and electronic configuration.
- In biomedical, cerium oxide is widely used for a spinal healing agent, neural damage care, and lowering oxidative stress-related diseases since it possesses antioxidant properties and a surge in the utilization of cerium oxide nanoparticles in the biomedical application is expected to drive the market growth.
- In energy applications, the cerium oxide nanoparticles are used as an electrolyte in solid oxide fuel cells (SOFC) because of their oxygen storage capacity and chemical reactivity. Solar power, wind power, and other sources of renewable energy witnessing an increase in market to overcome the environmental issues such as global warming.
- The demand for personal care products is increasing significantly owing to growing awareness towards sunscreen and other skin products. Nano ceria act as a UV filter in the sunscreen products. Moreover, they have biological oxidant property, which is highly preferred in the personal care products. As a result, the penetration of the nonoceria particles in personal care products.
- The North American 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.
- Hence, all such market trends are expected to drive the demand for cerium oxide nanoparticles market in the region during the forecast period.
Cerium Oxide Nanoparticles Industry Overview
The global cerium oxide nanoparticles market is partially consolidated in nature with some large players and many small players operating in the market. While some of the prominent players in the market include American Elements., Strem Chemicals, Inc., Nanophase Technologies Corporation, NYACOL Nano Technologies Inc. and Meliorum Technologies, Inc. amongst others.
Cerium Oxide Nanoparticles Market Leaders
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American Elements.
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Strem Chemicals, Inc.
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Nanophase Technologies Corporation.
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NYACOL® Nano Technologies Inc.
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Meliorum Technologies, Inc.
- *Disclaimer: Major Players sorted in no particular order
Cerium Oxide Nanoparticles Industry Segmentation
The cerium oxide nanoparticles market report includes:
Form | Dispersion | ||
Powder | |||
Application | Chemical Mechanical Planarization (CMP) | ||
Polishing Agent | |||
Catalyst | |||
Biomedical | |||
Energy Storage | |||
Others | |||
Geography | Asia-Pacific | China | |
India | |||
Japan | |||
South Korea | |||
Rest of Asia-Pacific | |||
North America | United States | ||
Canada | |||
Mexico | |||
Europe | Germany | ||
United Kingdom | |||
France | |||
Italy | |||
Rest of Europe | |||
Rest of the World | South America | ||
Middle-East and Africa |
Cerium Oxide Nanoparticles Market Research FAQs
What is the current Cerium Oxide Nanoparticles Market size?
The Cerium Oxide Nanoparticles Market is projected to register a CAGR of greater than 15% during the forecast period (2025-2030)
Who are the key players in Cerium Oxide Nanoparticles Market?
American Elements., Strem Chemicals, Inc., Nanophase Technologies Corporation., NYACOL® Nano Technologies Inc. and Meliorum Technologies, Inc. are the major companies operating in the Cerium Oxide Nanoparticles Market.
Which is the fastest growing region in Cerium Oxide Nanoparticles Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Cerium Oxide Nanoparticles Market?
In 2025, the North America accounts for the largest market share in Cerium Oxide Nanoparticles Market.
What years does this Cerium Oxide Nanoparticles Market cover?
The report covers the Cerium Oxide Nanoparticles Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cerium Oxide Nanoparticles Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Cerium Oxide Nanoparticles Industry Report
Statistics for the 2025 Cerium Oxide Nanoparticles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cerium Oxide Nanoparticles analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.