UK Cerium Market Size & Outlook, 2021-2028
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UK cerium market highlights
- The UK cerium market generated a revenue of USD 2.4 million in 2021 and is expected to reach USD 3.1 million by 2028.
- The UK market is expected to grow at a CAGR of 3.9% 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 2021 | USD 2.4 million |
| Market revenue in 2028 | USD 3.1 million |
| Growth rate | 3.9% (CAGR from 2021 to 2028) |
| Largest segment | Glass |
| Fastest growing segment | Alloys |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glass, Catalysts, Alloys |
| Key market players worldwide | Arafura Rare Earths Ltd, Lynas Rare Earths Ltd, Rainbow Rare Earths Ltd, Avalon Advanced Materials Inc |
Other key industry trends
- In terms of revenue, UK accounted for 0.9% of the global cerium market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany cerium market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 3.1 million by 2028.
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Cerium Market Scope
Cerium Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Avalon Advanced Materials Inc | View profile | 9 | 130 Adelaide Street West, Suite 1901, Toronto, ON, Canada, M5H 3P5 | https://www.avalonadvancedmaterials.com |
| Arafura Rare Earths Ltd | View profile | 6 | 432 Murray Street, Level 6, Perth, WA, Australia, 6000 | https://www.arultd.com |
| Rainbow Rare Earths Ltd | View profile | 32 | St Julian's Avenue, Connaught House, Saint Peter Port, Guernsey, GY1 3EL | https://www.rainbowrareearths.com |
| Lynas Rare Earths Ltd | View profile | 911 | 1 Howard Street, Level 4, Perth, WA, Australia, 6000 | https://www.lynascorp.com |
UK 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 41.67% in 2021. Horizon Databook has segmented the UK cerium market based on glass, catalysts, alloys covering the revenue growth of each sub-segment from 2017 to 2028.
Reasons to subscribe to UK cerium market databook:
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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 UK cerium market databook
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Our clientele includes a mix of cerium market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the UK cerium market , including forecasts for subscribers. This country databook contains high-level insights into UK cerium market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UK cerium market size, by application, 2017-2028 (US$M)
UK Cerium Market Outlook Share, 2021 & 2028 (US$M)
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