Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
DESCRIPTION The global cerium market is valued at US$XX.XX million in 2017 and is projected to reach US$XX.XX million in 2022 exhibiting a CAGR of XX.XX% during the forecast period. Cerium is the second element in the lanthanide series bearing 58 as atomic number and 140.116u as atomic weight. It is the 26th abundant element available on surface of the Earth. It is a soft, white-silvery metal and can be cut with a knife. Cerium is a ductile element. Its hardness is similar to silver. In cerium, the mostly used compound is ceria which can be used as a polishing compound. Cerium is a strong reducing agent which ignites rapidly in air at 65 degree Celsius to 80 degree Celsius creating toxic layers of fumes. However, cerium is not toxic for humans as it does not accumulate in human food chain to much extent. Cerium has wide-spread applications in glass polishing, phosphors, ceramics, and catalysts and metallurgy among others. Cerium is used as sensitizer in phosphors. It is used in FCC catalysts for providing catalytic reactivity and thermal stability in the reactor and regenerator respectively. Cerium is an essential component of mischmetal alloy which is used for making cigarette lighters. Oxide of cerium is used as catalyst to prevent build-up of cooking remains in the interior walls of self cleaning ovens and is used as additive for diesel fuel in order to burn it completely. Cerium sulfide is used as pigment which is red in color and is non-toxic. In steel manufacturing sector, it is used for removing sulfur and oxygen by forming stable oxysulfides. On the basis of geography, cerium market is segmented as North America, Europe, Middle East & Africa, Asia-Pacific, and South America. The increasing demand for cerium for different applications such as glass polishing, and metal alloys among others will boost its market across the globe. Despite of boosting drivers the market has some restraints such as changing government policies for export and import of rare earth elements and fluctuation of prices due to dependency for cerium on a particular region. However, recycling of cerium from the electronic wastes and increasing mining operations will result in phenomenal growth in global cerium market in the years come. Research Methodology
Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report. Market Dynamics The next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section. Market Segmentation The cerium market has been segmented on the basis of product, application, and geography. By Product o Cerium Metal o Cerium Nitrate o Cerium Oxide Polishing Powder o Cerium Acetate o Others By Application o Glass Polishing o Fluidic Catalytic Cracking (FCC) Catalyst o Lens and Crystals o Battery Alloys o LED Glass o Others Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
By Geography o North America o South America o Europe o Middle East & Africa o Asia-Pacific Key questions answered by the report What would be the global cerium market size from 2017-2022? How are the major drivers and restraints affecting the global cerium market and the opportunities which exist for the key vendors? Which segment and region will lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants behavior. Key strategies adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
TABLE OF CONTENTS 1. Introduction 1.1. Market Definition 1.2. Scope of the study 1.3. Currency 1.4. Assumptions 1.5. Base, and forecast year timeline 2. Research Methodology 2.1. Research Design 2.2. Secondary Sources 2.3. Validation 3. Executive Summary 4. Market Dynamics 4.1. Drivers 4.2. Restraints 4.3. Opportunities and Market Trends 4.4. Market Segmentation 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Industry Value Chain Analysis 4.7. Industry Regulations 4.8. Scenario Analysis 5. Global Cerium Market Forecast by Product(US$ million) 5.1. Introduction 5.2. Cerium Metal 5.3. Cerium Nitrate 5.4. Cerium Oxide Polishing Powder 5.5. Cerium Acetate Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
5.6. Others 6. Global Cerium Market Forecast by Application (US$ million) 6.1. Introduction 6.2. Glass Polishing 6.3. Fluidic Catalytic Cracking (FCC) Catalyst 6.4. Lens and Crystals 6.5. Battery Alloys 6.6. LED Glass 6.7. Others 7. Global Cerium Market Forecast by Geography (US$ million) 7.1. Introduction 7.2. North America 7.3. South America 7.4. Europe 7.5. Middle East and Africa 7.6. Asia-Pacific 8. Competitive Intelligence 8.1. Strategies of Key Players 8.2. Recent Investment and Deals 9. Company Profile 9.1. Molycorp, Inc 9.2. Avalon Advanced Materials Inc 9.3. Cathay Advanced Materials Limited 9.4. Lynas Corporation Limited 9.5. Metall Rare Earth Limited 9.6. HEFA Rare Earth Canada Company Ltd.
Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023
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Global Cerium Market - Industry Trends, Opportunities and Forecasts to 2023