Global Cerium Market Size & Outlook, 2021-2028
Global cerium market, 2017-2028 (US$M)
Related Markets
Global cerium market highlights
- The global cerium market generated a revenue of USD 259.8 million in 2021 and is expected to reach USD 340.9 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 4% by 2028.
- In terms of segment, glass accounted for a revenue of USD 109.0 million in 2021.
- Alloys is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2021.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 259.8 million |
| Market revenue in 2028 | USD 340.9 million |
| Growth rate | 4% (CAGR from 2021 to 2028) |
| Largest segment | Glass |
| Fastest growing segment | Alloys |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass, Catalysts, Alloys |
Other key industry trends
- In terms of revenue, the North America accounted for 27.9% of the global cerium market in 2021.
- By country, the China is projected to lead the global market in terms of revenue in 2028.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 1.3 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cerium Market Scope
Cerium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cerium market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cerium market will help companies and investors design strategic landscapes.
Glass was the largest segment with a revenue share of 41.96% in 2021. Horizon Databook has segmented the Global cerium market based on glass, catalysts, alloys covering the revenue growth of each sub-segment from 2017 to 2028.
- Global Cerium Application Outlook (Revenue, USD Million, 2017-2028)
- Glass
- Catalysts
- Alloys
- Others
Reasons to subscribe to Global cerium market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global cerium market databook
-
Our clientele includes a mix of cerium market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cerium market , including forecasts for subscribers. This global databook contains high-level insights into Global cerium market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global cerium market size, by region, 2017-2028 (US$M)
Top 10 countries: Cerium market size, 2021 (US$M)
Global cerium market share, by application, 2021 & 2028 (%, US$M)
Cerium market: Opportunity assessment by country
Global cerium market, by region, 2021 (US$M)
| Application | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 32.3 | 32.9 | 121.5 | 71.1 | 72.4 | 74.4 | 76.8 | 79.7 | 83.1 | 87.0 | 91.3 | 95.3 | 4.0% |
| Europe | 19.2 | 26.5 | 24.6 | 15.5 | 15.8 | 16.1 | 16.6 | 17.1 | 17.7 | 18.4 | 19.1 | 19.9 | 3.4% |
| Asia Pacific | 146.0 | 211.1 | 199.8 | 165.2 | 169.9 | 175.4 | 181.4 | 188.0 | 195.6 | 203.7 | 212.6 | 223.5 | 4.0% |
| Latin America | 1.1 | 1.6 | 1.5 | 1.0 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.3 | 1.3 | 1.4 | 3.6% |
| MEA | 0.7 | 1.0 | 1.0 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 3.1% |
| Overall | 199.4 | 273.2 | 348.2 | 253.4 | 259.8 | 267.7 | 276.6 | 286.7 | 298.3 | 311.1 | 325.1 | 340.9 | 4.0% |
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
