North America Cerium Market Size & Outlook, 2021-2028

The cerium market in North America is expected to reach a projected revenue of US$ 95.3 million by 2028. A compound annual growth rate of 4% is expected of North America cerium market from 2022 to 2028.
Revenue, 2021 (US$M)
$72.4
Forecast, 2028 (US$M)
$95.3
CAGR, 2022 - 2028
4%
Report Coverage
North America

North America cerium market highlights

  • The North America cerium market generated a revenue of USD 72.4 million in 2021.
  • The market is expected to grow at a CAGR of 4% from 2022 to 2028.
  • In terms of segment, glass was the largest revenue generating application in 2021.
  • Alloys is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.


North America data book summary

Market revenue in 2021USD 72.4 million
Market revenue in 2028USD 95.3 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
Key market players worldwideArafura Rare Earths Ltd, Lynas Rare Earths Ltd, Rainbow Rare Earths Ltd, Avalon Advanced Materials Inc


Other key industry trends

  • In terms of revenue, North America region accounted for 27.9% of the global cerium market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
  • North America is the fastest growing regional market and is projected to reach USD 95.3 million by 2028.

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Cerium Market Companies

Name Profile # Employees HQ Website

North America 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 43.37% in 2021. Horizon Databook has segmented the North America cerium market based on glass, catalysts, alloys covering the revenue growth of each sub-segment from 2017 to 2028.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cerium market , including forecasts for subscribers. This continent databook contains high-level insights into North America cerium market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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North America cerium market size, by country, 2017-2028 (US$M)

North America Cerium Market Outlook Share, 2021 & 2028 (US$M)

North America cerium market size, by country, 2017-2028 (US$M)

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