Cerium Market
Cerium Market Study by Dispersion and Powder for Glass, Catalysts, Alloys, and Others from 2024 to 2034
Analysis of Cerium Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cerium Market Outlook (2024 to 2034)
According to a new Fact.MR research report, revenue from the global cerium market size is poised to reach US$ 306.4 million in 2024 and climb to US$ 444.9 million by the end of 2034. Worldwide sales of cerium are projected to rise at a 3.8% CAGR from 2024 to 2034.
Cerium is an element in chemistry with atomic number 58 and symbol Ce. When cerium comes into contact with air, it tarnishes from being a silvery-white, soft, ductile metal. Cerium is the second element in the lanthanide family, with a persistent +4 state that prevents it from oxidizing water, even though it often exhibits the +3 oxidation state that characterizes the series.
It is regarded as a rare element as well. Except in cases of severe or prolonged exposure, cerium is not highly hazardous to humans and has no recognized biological function. The glass and ceramic industry extensively utilizes cerium. Ce and its compounds are added to impart a yellow hue, eliminate unwanted pigmentation, increase radiation sensitivity, offer unique optical properties, and enhance structural integrity in dental materials.
Key Market Growth Drivers
- Increasing demand for cerium-based additives and catalysts in automotive emission control systems is complementing cerium market growth.
- Demand for glass polishing powder based on cerium is rising because of the increasing utilization of precision glass lenses, silicon wafers, liquid crystal displays, glass magnetic memory disks, etc.
- Significance of cerium in the production of flat panel display panels is rising. Because cerium stores electrical energy so well, it is also being employed more widely as an energy storage material.
- Cerium use is becoming more common in semiconductor applications due to qualities including excellent adsorption capacity and irradiation stability. The need for semiconductors is projected to rise in response to the growing demand for electronic goods including cellphones, laptops, PCs, consumer electronics, automotive electronics, and other industrial electronic devices.
- Ongoing efforts to enhance the effectiveness and efficiency of cerium are also driving up its sales.
| Report Attribute | Detail |
|---|---|
| Cerium Market Size (2024E) | US$ 306.4 Million |
| Forecasted Market Value (2034F) | US$ 444.9 Million |
| Global Market Growth Rate (2024 to 2034) | 3.8% CAGR |
| East Asia Market Share (2024E) | 26.70% |
| North America Market Value (2024E) | US$ 50.3 Million |
| Alloy Segment Value (2034F) | US$ 144.2 Million |
| Key Companies Profiled | Lynas Corporation Ltd.; ProChem, Inc.; China Minmetals Rare Earth Co. Ltd.; Noah Chemicals Corporation; Arafura Resources Ltd.; Shepherd Chemical Company; NEO Performance Materials; Avalon Rare Metals Inc.; Mitsui Mining & Smelting Co., Ltd.; Baotou Hefa Rare Earth Co. Ltd.; Rainbow Rare Earths Limited; Metall Rare Earth; Greenland Minerals; American Elements. |
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Why is Application of Cerium Increasing across Industries?
“Use of Cerium Growing in Glass and Ceramic Industry to Remove Unwanted Pigmentation”
There are several uses for cerium metal and its related compounds, especially in glass and ceramic applications. Cerium and its compounds are added to these materials to give them a yellow color, remove unwanted pigmentation, cause glass to react to certain types of radiation, give glass unique optical characteristics, and strengthen some dental materials structurally. These beneficial properties meet the requirements of glass and ceramic production, boosting application and contributing to the expansion of the cerium market size. Beyond these sectors, its utilization extends to various other applications, including flints in lighters and self-cleaning ovens.
“Extensive Use of Cerium in Precision Glass Polishing, Electrodes, and Catalytic Converters”
Cerium stands out as the most abundant rare earth element, utilized in carbon-arc lighting, magnets, precision glass polishing, electrodes, and catalytic converters. Its use is on the rise in the electronics sector. Cerium oxide serves as a preventive measure against the darkening phenomena caused by electron bombardment during the operation of cathode-ray tube television glass plates.
Cerium plays a crucial role as a dopant in the production of phosphors for fluorescent lights, LEDs, and cathode ray tube (CRT) television displays. These diverse applications of cerium in electronic devices are boosting its usage.
What are the Health Risks Associated with Cerium Exposure in Occupational Settings?
“Increased Risk of Pulmonary Embolisms and Liver Disorders Associated with Cerium Exposure”
The market for cerium is being threatened by competition from alternatives such as other rare earth materials including lanthanum, neodymium, and praseodymium, which have some similar properties. A wide array of rare earth substitutes with similar or even enhanced properties and advancements in materials and renewable energy systems offer alternatives to cerium.
Materials such as graphene and carbon nanotubes exhibit superior mechanical and conductive properties compared to cerium-based materials. Ongoing innovations in renewable energy technologies, such as lithium-ion batteries and photovoltaic cells, incorporate alternative components to achieve greater performance and efficiency than cerium.
Another factor hindering market growth is the impact of cerium on human health. Cerium poses a significant occupational risk, primarily through inhalation of fumes and vapors during work. Prolonged exposure to this substance can lead to pulmonary embolisms, particularly with extended periods of exposure. Cerium accumulates in the human body and can potentially harm the liver.
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Country-wise Insights
The East Asian region is forecasted to lead the market with 26.7% revenue share in 2024 and is further projected to account for 28.6% by the end of 2034. The market in North America is calculated to expand at 4.5% CAGR over the next ten years (2024 to 2034).
Which Factors are Pushing Sales of Cerium in China?
“Expertise in Cerium Production and Discovery of New Mineral Resources Containing Cerium”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 45.7 Million |
| Growth Rate (2024 to 2034) | 5.2% CAGR |
| Projected Value (2034F) | US$ 75.6 Million |
China is one of the primary producers of cerium, boasting expertise in manufacturing various cerium-based products. Among these are polishing powder, extensively utilized in the glass industry, and cerium chloride, employed in chemical synthesis. China's renowned manufacturing sectors, including electronics, machinery, and automotive are also contributing to market growth. Cerium holds significance in alloy production, catalyst manufacturing, and the formulation of polishing compounds within these industries.
- In January 2024, China unearthed a new silicate mineral, Nipeiite-(Ce), with the highest cerium content ever recorded, at a rare-earth mine in the Henan Province of Central China. The Chinese Ministry of Natural Resources announced that this mineral had received recognition from the International Mineralogical Association. Experts suggest its potential applications in cutting-edge fields such as aerospace.
Which Cerium Market Trends are Suppliers in the United States Focusing On?
“Increased Demand for High-performance Materials in Aerospace and Automotive Manufacturing”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 36.3 Million |
| Growth Rate (2024 to 2034) | 4.6% CAGR |
| Projected Value (2034F) | US$ 56.8 Million |
The United States is estimated to account for 72.2% of the cerium market share in North America in 2024. The country is popular for its automotive industry and cerium is a vital component of catalytic converters in the automotive industry because it helps to achieve catalysis to minimize the injection of poisonous emissions into the car exhaust. These advantages of cerium not only attracting companies from the automotive industry but also aerospace and manufacturing, which require high-performance materials.
- In March 2021, the United States Department of Energy stated its plans to allocate US$ 30 million for the study of rare earth metals. The funds are expected to assist with research and safeguard local supply chains for rare earth elements and other essential components used in industrial and battery applications. Wyoming, Texas, and California will continue to draw interest in the study of several rare earth elements.
Category-wise Insights
Based on form, the market is categorized into dispersion and powder. Cerium powder is used in diverse industry applications such as chemical and glass manufacturing and polishing. The gentle nature of cerium is driving its preference for cleaning various objects. Cerium powder is extensively utilized in the process of chemical mechanical planarization.
Use of cerium powder is a significant contributor to the decreasing levels of pollutants in the optics industry. Cerium powder targets ferrous impurities with a green tint, and it is used in the medical space because of its anti-toxin and anti-bacterial qualities.
Which Application is Generating Substantial Revenue for Companies?
“Extensive Use of Cerium in Grain Refining and Modification to Enhance Alloy Microstructure”
| Attribute | Alloy |
|---|---|
| Segment Value (2024E) | US$ 97.8 Million |
| Growth Rate (2024 to 2034) | 4% CAGR |
| Projected Value (2034F) | US$ 144.2 Million |
Widespread use of cerium to improve the quality of different metal alloys is contributing to market expansion. Cerium plays a vital role as a powerful grain refiner and modifier that enhances the microstructure of alloys, which improves mechanical characteristics such as strength, toughness, and ductility. In addition, cerium serves as an impurity scavenger to remove impurities such as sulfur, oxygen, and nitrogen from molten metal, creating cleaner and more homogeneous alloys with fewer defects.
These advantages make cerium a significant additive in alloy production in the automotive, aerospace, and manufacturing sectors, which require high-performance materials.
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Competitive Landscape
Key players in the cerium market are Lynas Corporation Ltd., ProChem, Inc., China Minmetals Rare Earth Co. Ltd., Noah Chemicals Corporation, Arafura Resources Ltd., Shepherd Chemical Company, NEO Performance Materials, Avalon Rare Metals Inc., Mitsui Mining & Smelting Co., Ltd., Baotou Hefa Rare Earth Co. Ltd., Rainbow Rare Earths Limited, Metall Rare Earth, Greenland Minerals, and American Elements.
Top companies and scientists involved in the cerium and rare earth metal industry are experimenting more to develop new products and increase their application.
- In January 2024, in a rare earth mine, Chinese scientists found a novel silicate mineral high in cerium. The mineral is called Ni Pei Stone after eminent Chinese geologist Professor Ni Pei, who received approval from the International Mineralogical Association. The mineral Ni Pei Stone ranges in hue from pale red to reddish-brown and contains cerium.
Segmentation of Cerium Market Research
-
By Form :
- Dispersion
- Powder
-
By Application :
- Glass
- Catalysts
- Alloys
- Others
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
- 6.1. Form
- 6.2. Application
- 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Form
- 7.1. Dispersion
- 7.2. Powder
- 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application
- 8.1. Glass
- 8.2. Catalysts
- 8.3. Alloys
- 8.4. Others
- 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. Middle East & Africa
- 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
- 17. Sales Forecast 2024 to 2034 by Form, Application, and Region for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. Lynas Corporation Ltd.
- 19.2. ProChem, Inc.
- 19.3. China Minmetals Rare Earth Co. Ltd.
- 19.4. Noah Chemicals Corporation
- 19.5. Arafura Resources Ltd.
- 19.6. Shepherd Chemical Company
- 19.7. NEO Performance Materials
- 19.8. Avalon Rare Metals Inc.
- 19.9. Mitsui Mining & Smelting Co., Ltd.
- 19.10. Baotou Hefa Rare Earth Co. Ltd.
- 19.11. Rainbow Rare Earths Limited
- 19.12. Metall Rare Earth
- 19.13. Greenland Minerals
- 19.14. American Elements
- 20. Assumptions and Acronyms Used
- 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Form, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Form, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Form, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Form, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Form, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Form, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Form, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Form, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Form, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Form, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Form, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Form, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Form, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Form, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Form, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Form, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the cerium market in 2024?
The global market for cerium is estimated to reach US$ 306.4 million in 2024.
What are the projections for the worldwide market by 2034?
Cerium sales are calculated to reach US$ 444.9 million by the end of 2034.
At what rate is the demand for cerium projected to rise?
Demand for cerium is calculated to rise at 3.8% CAGR from 2024 to 2034.
Which region is the leading shareholder in the global market?
East Asia is estimated to account for 26.7% share of the global market in 2024.
At what pace is the South Korean market forecasted to expand?
The market for cerium in South Korea is projected to expand at 5.5% CAGR from 2024 to 2034.
What is the market scenario for cerium in Canada?
The market in Canada is projected to be valued at US$ 15.2 million by 2034-end.
Who are the market leaders in the cerium business?
Leading producers of cerium include Lynas Corporation Ltd., ProChem, Inc., and China Minmetals Rare Earth Co. Ltd.
Which form of cerium is estimated to account for high revenue generation?
Based on product form, the alloys segment is projected to account for 32.4% market share by 2034.
Cerium Market