Cerium oxide nanoparticles or nanostructured cerium oxide is rare earth metal oxide which plays technologically important role due to its versatile applications. They are synthetized by solution-based methods such as hydrothermal, co-precipitation, and others. In the recent years, cerium oxide nanoparticles have been gaining increasing application in biomedical research involving various therapeutic aspects.
This is likely to augur well with the growth of cerium oxide nanoparticles market. The demand for cerium oxide nanoparticles in medical field is rapidly expanding for its ability to reduce the symptoms of many oxidative stress-related diseases including chronic inflammation, diabetes, and others. In the automotive industry, cerium oxide nanoparticles are used as fuel additive and catalyst converter.
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7% Y-o-Y Semiconductor Revenue Growth in 2018 – A Positive Indicator for Stakeholders in Cerium Oxide Nanoparticles Market
The semiconductor industry witnessed steady growth in 2017, with increase in memory prices, growing adoption of graphics processing units (GPUs) by cloud companies and data centers for tasks associated with artificial intelligence, and boost in crypto currency. According to world semiconductor trade statistics, semiconductor revenue growth is expected to increase by 7% year over year in 2018 which has fuelled the use of integrated circuits and memory disks.
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. Demand for CMP is also fuelled by growth in ULSI (Ultra Large Scale Integration) process that is used to embed a large quantity of transistors on a single chip.
Consequently, this is expected to spur the demand for cerium oxide nanoparticles where they are used to polish wafers during semiconductor circuit manufacturing, thus positively impacting growth of the global cerium oxide nanoparticles market during the period of forecast.
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Cerion, American Elements, Plasmachem, and Leading Market Participants Eyeing Opportunities in ULSI
The research report on global cerium oxide nanoparticles market is a comprehensive business study for major firms recognized in the global market. The major market participants include Cerion, American Elements, Plasmachem, Nanophase Technologies, Inframat Advanced Materials and NYACOL nano Technologies.
Other key participants such as SkySpring Nanomaterials Inc., Meliorum Technologies Inc., Strem Chemicals Inc., and ANP Co. Ltd., are also profiled in this research report. The key participants in the global cerium oxide nanoparticles market are focusing on leveraging the opportunities arising on account of applications in ultra large scale integration.
Cerium oxide nanoparticles are expected to witness significant demand owing to their characteristic properties such as high ionic conductivity, radical scavenging and UV filtering. In addition, the demand for cerium oxide nanoparticles is positively influenced by its use across industries such as medical implants, energy storage devices, fuel cells and fuel additives. Moreover, application scope of cerium oxide nanoparticles has increased with its growing use in electronics sector, where it is used in chemical mechanical planarization.
This Fact.MR research report on global cerium oxide nanoparticles can provide a comprehensive analysis on the demand and adoption of cerium oxide nanoparticles across end use industries. In addition, the reader can gain insights to tap different regions from an investment standpoint to grab hold over the global market. Detailed competitive outlook presented in this research report can also support the reader in formulating strategies to achieve competitive advantage in the coming years.
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Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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