Analysis of Cerium Oxide Nanoparticles Market by Research Nester Reveals the Market to Grow with a CAGR of 19.0% During 2023-2035


Posted November 23, 2023 by UtkarshaDeshpande

Research Nester assesses the growth of global cerium oxide nanoparticles market which is anticipated to be on account of the growing demand for renewable energy.

 
Research Nester’s recent market research analysis on “Cerium Oxide Nanoparticles Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global cerium oxide nanoparticles market in terms of market segmentation by form, application and by region.
Surge in Demand for Nanoparticles Manufactured Through Green Method to Boost the Growth of Global Cerium Oxide Nanoparticles Market

The global market for cerium oxide nanoparticles is estimated to grow on account of rising demand for nanoparticles manufactured through the green method. As environmentally friendly and sustainable practices gain more and more attention, there is an increasing demand for nanoparticles produced in this way. By combining this strategy with the rising consumer demand for environmentally friendly goods and services, businesses engaged in the green synthesis of cerium oxide nanoparticles may gain a competitive edge and expand their market share.

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Moreover, nanoceria has recently become widely used in the market for automobile pollution management. Additionally, CeO2 NP has been added to diesel fuel to lower the CO2 ignition temperature of DEP (carbonaceous diesel exhaust particle), which in turn lowers emissions of diesel engine particulate matter.
Some of the major growth factors and challenges that are associated with the growth of the global cerium oxide nanoparticles market are:

Growth Drivers:
• Rising Generation of Waste Water
• Growing Use of Cerium Oxide Nanoparticles in Cosmetics

Challenges:
The release of pro-inflammatory and fibrotic cytokines, lung injury, cytotoxicity, inflammation, altered alveolar macrophage function, induction of phospholipids, and lung inflammation are only a few of the serious pulmonary reactions that CeONP is shown to have induced in animals. CeONP is also connected to cardiac fibrosis since it stimulated rat myocardial fibroblast proliferation and collagen deposition. Cerium does not naturally occur in humans and lacks a clearance mechanism; therefore, systemic toxicity would be expected.

By form, the market for cerium oxide nanoparticles is segmented into dispersion, and power. Out of these, the dispersion segment is expected to garner highest revenue by the end of 2035. However, the powder segment is also expected to grow. CeO2 nanoparticles are most frequently found as light-white, powdery particles. CeO2 nanoparticles' catalytic activity has a wide range of applications, including the production and purification of hydrogen as well as the removal of carbon monoxide from exhaust. Since it is significantly more stable in its quadrivalent oxidation state than in its trivalent one, it can be used to store and transport oxygen.

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By region, the market for cerium oxide nanoparticles in Europe is projected to have significant growth with a revenue of USD 0.9 billion over the forecast period. The region has a thriving automobile industry, which makes extensive use of cerium oxide nanoparticles. Moreover, a growing number of people are becoming aware of sunscreen and other skin-care products, which has increased the popularity of personal care goods. Sunscreen products contain nano-cerium, which serves as an ultraviolet filter. The biological oxidant capabilities of nano-cerium, which are widely valued in personal care products, are another advantage. As a result, nonoceria particles are now more thoroughly included into personal care products in this region.

This report also provides the existing competitive scenario of some of the key players of the global cerium oxide nanoparticles which includes company profiling of Meliorum Technologies, Inc., Strem, Nanophase Technologies Corporation, SkySpring Nanomaterials, Inc., NYACOL Nano Technologies Inc., Inframat Advanced Materials, LLC, PlasmaChem GmbH, Nanostructured & Amorphous Materials, Inc., United Nanotech Products Limited, Xinglu Chemical, ITEC Co.,Ltd, and others.

Access our detailed report @ https://www.researchnester.com/reports/cerium-oxide-nanoparticles-market/5295

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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Issued By Research Nester
Country India
Categories Business
Tags cerium oxide nanoparticles , cerium oxide nanoparticles size , cerium oxide nanoparticles share
Last Updated November 23, 2023