U.S. Cerium Market Size & Outlook, 2021-2028

The cerium market in the United States is expected to reach a projected revenue of US$ 90.7 million by 2028. A compound annual growth rate of 4.1% is expected of the United States cerium market from 2022 to 2028.
Revenue, 2021 (US$M)
$68.6
Forecast, 2028 (US$M)
$90.7
CAGR, 2022 - 2028
4.1%
Report Coverage
U.S.

U.S. cerium market highlights

  • The U.S. cerium market generated a revenue of USD 68.6 million in 2021 and is expected to reach USD 90.7 million by 2028.
  • The U.S. market is expected to grow at a CAGR of 4.1% 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.

Cerium market data book summary

Market revenue in 2021USD 68.6 million
Market revenue in 2028USD 90.7 million
Growth rate4.1% (CAGR from 2021 to 2028)
Largest segmentGlass
Fastest growing segmentAlloys
Historical data2017 - 2020
Base year2021
Forecast period2022 - 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, U.S. accounted for 26.4% of the global cerium market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. cerium market is projected to lead the regional market in terms of revenue in 2028.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 90.7 million by 2028.

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Cerium Market Companies

Name Profile # Employees HQ Website

U.S. 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 43.44% in 2021. Horizon Databook has segmented the U.S. cerium market based on glass, catalysts, alloys covering the revenue growth of each sub-segment from 2017 to 2028.


  • U.S. Cerium Application Outlook (Revenue, USD Million, 2017-2028)
    • Glass
    • Catalysts
    • Alloys
    • Others

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

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U.S. cerium market size, by application, 2017-2028 (US$M)

U.S. Cerium Market Outlook Share, 2021 & 2028 (US$M)

U.S. cerium market size, by application, 2017-2028 (US$M)

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