Global Cerium Market Size & Outlook

The cerium industry worldwide is expected to reach a projected revenue of US$ 340.9 million by 2028. A compound annual growth rate of 4% is expected of the worldwide cerium industry from 2022 to 2028.
Revenue, 2021 (US$M)
$259.8
Forecast, 2028 (US$M)
$340.9
CAGR, 2022 - 2028
4%
Report Coverage
Worldwide

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 2021USD 259.8 million
Market revenue in 2028USD 340.9 million
Growth rate4% (CAGR from 2021 to 2028)
Largest segmentGlass
Fastest growing segmentAlloys
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationGlass, 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.

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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

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Target buyers of Global cerium market databook

  • Our clientele includes a mix of cerium market companies, investment firms, advisory firms & academic institutions.
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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.

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Global cerium market statistics, by region, 2017-2028 (US$M)

Top 10 countries: Cerium market size, 2021 (USD Million)

Top 10 countries: Cerium market size, 2021 (USD Million)

Global cerium market, by region, 2021 (US$M)

Global cerium market statistics, by region, 2017-2028 (US$M)

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