Persistence Market Research is released upcoming report on title "Cerium Market: Global Industry Analysis and Forecast 2014 - 2020".
New York, NY -- (SBWIRE) -- 04/23/2015 -- Cerium is a very soft and ductile metal which oxidizes very easily in the air. The metallic cerium is manufactured using metallothermic process which in turns gives cerium of higher purity. Cerium is used as catalysts and adhesives in numerous commercial applications. Cerium exhibits properties similar to that of calcium and accumulates in the bones in small amounts. Cerium can be found in small amounts in barley and tobacco plants.
Buy Full Report: http://www.persistencemarketresearch.com/market-research/cerium-market.asp
The market for cerium was mainly driven by the growing demand for rare earth metal catalysts from various manufacturing sectors. In addition, there is huge demand for cerium in China and other Asian countries. Cerium is used in various applications such as polishing powder, adding colors in ceramics and glass, flints in lighters and in self-cleaning ovens. More exploration of unmined reserves and recycling of cerium metal from e-waste can provide opportunities for the market. However, the fluctuating prices in the market are likely to act as restraint in near future. Furthermore, over dependency of global cerium market on China can act as a major restraint to the market.
In terms of demand, Asia Pacific is the leading region for cerium market. The demand for cerium is significant from China and Japan. Growing demand from electronics sector in this region is likely to be one of the major drivers for the cerium market. North America market is likely to grow in near future owing to various manufacturing techniques and decreasing dependency on China for the cerium. Increasing demand in North America has lead to increased number of explorations and investments in this region. Europe is likely to be stable market for cerium and will follow similar trend in near future. The Rest of the World market is anticipated to have average demand for cerium in near future.
Some of the key providers in the cerium market are Avalon Rare Metals Inc, China Minmetals Rare Earth Co. Ltd., Baotou Hefa Rare Earth Co. Ltd. and Lynas Corporation Ltd. among others.
Request Full Toc: http://www.persistencemarketresearch.com/toc/4406
Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
Visit our blog at: http://pmrblog.com/
About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.