Global Ceria Supply, Demand and Key Producers, 2026-2032
Description
The global Ceria market size is expected to reach $ 374 million by 2032, rising at a market growth of 6.5% CAGR during the forecast period (2026-2032).
Ceria (CeO₂, “cerium dioxide”) is a pale yellow, cubic-fluorite oxide of cerium that readily forms oxygen vacancies and cycles between Ce⁴⁺/Ce³⁺, giving it high oxygen-storage/ release capacity. Those redox/defect properties — together with hard yet chemically active surfaces — make CeO₂ a workhorse for glass & optics polishing, catalysis (e.g., TWC oxygen storage, soot oxidation), CMP in semiconductors (especially STI/ILD), UV-blocking pigments/coatings, and as electrolyte/ion-conductor when doped. Structurally, stoichiometric CeO₂ crystallizes in the fluorite space group Fm3̅m with eightfold Ce–O coordination; real ceria is often slightly oxygen-deficient (CeO₂–x), which underpins its catalytic function. Typical commercial routes calcine cerium hydroxide/oxalate from REE separations to oxide and then finish to controlled particle size/SBET (micro to nanoscale).
In 2024, global production of CeO₂ exceeded 74,000 tons, with an average ex-factory price of around $3,000 per ton. The industry’s average gross margin was approximately 15%.
Upstream starts with REE ores (bastnäsite/monazite), where China still dominates refining; separated REO output is skewed toward La/Ce, historically ~70% of separated oxides by volume. Cerium is oxidized/precipitated and calcined to CeO₂ (commodity 99–99.5%+; high-purity/nano via tighter precursors and finish). Midstream producers tailor particle size (µm to nm), surface area and dopants, and formulate into polishing powders or supply nano-ceria for catalysts, coatings and energy uses. Downstream demand clusters in glass & optics polishing, automotive emission control, and semiconductor CMP. Policy/market context matters: China accounted for ~91% of refined REE output in 2024 and has periodically adjusted export controls; 2024 trade data showed higher RE exports by volume but lower value amid falling prices, underscoring margin pressure.
China is the anchor of ceria supply and a major consumption base (glass/optics, catalysts). Export statistics in 2024 show volumes up ~6% YoY but values down ~36% as prices fell, illustrating the commoditized nature of bulk CeO₂; newer export-control headlines in 2025 add uncertainty to non-Chinese buyers’ risk calculus.
Asia-Pacific ex-China (Japan, South Korea, Taiwan, SE Asia, India) is the fastest-growing demand center for CMP slurries and high-spec polishing owing to semiconductor and display investment; sector trackers show APAC leading overall CMP slurry share, which flows down to ceria demand in certain nodes/steps.
Europe is smaller in bulk volume but high in value-added (precision optics, coatings, research) and is re-building RE supply chains, which could gradually localize some niche CeO₂ finishing.
North America sees steady pull from automotive catalysts, optics/tools, and a recovering electronics ecosystem; margin dynamics track broader REO cycles — with 2024–2025 corporate reports highlighting both pressure at low prices and the benefit of specialty mixes.
Rest of World (LatAm/MEA) grows from a small base in architectural glass, optics service and industrial MRO, typically sourcing commodity ceria powders from Asia while importing niche nano grades as needed. (Market sizes here are embedded in the global figures above.)
This report studies the global Ceria production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Ceria and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Ceria that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Ceria total production and demand, 2021-2032, (Tons)
Global Ceria total production value, 2021-2032, (USD Million)
Global Ceria production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Ceria consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Ceria domestic production, consumption, key domestic manufacturers and share
Global Ceria production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Ceria production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Ceria production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Ceria market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Northern Rare Earth, Chinalco Rare Earth & Metal, Golden Dragon Rare-Earth, China Minmetals Rare Earth, Shenghe Resources, China Southern Rare Earth, Grirem Advanced Materials, Ganzhou Wanfeng Tech, Yongzhou Xiangjiang Rare Earth, Yiyang Hongyuan Rare Earth, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Ceria market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Ceria Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Ceria Market, Segmentation by Type:
Purity ≤2N
Purity 3N-4N
Purity ≥5N
Global Ceria Market, Segmentation by Application:
Polishing
Catalysis
Glass Additives
Others
Companies Profiled:
China Northern Rare Earth
Chinalco Rare Earth & Metal
Golden Dragon Rare-Earth
China Minmetals Rare Earth
Shenghe Resources
China Southern Rare Earth
Grirem Advanced Materials
Ganzhou Wanfeng Tech
Yongzhou Xiangjiang Rare Earth
Yiyang Hongyuan Rare Earth
Lynas Rare Earths
Neo Performance Materials
Key Questions Answered:
1. How big is the global Ceria market?
2. What is the demand of the global Ceria market?
3. What is the year over year growth of the global Ceria market?
4. What is the production and production value of the global Ceria market?
5. Who are the key producers in the global Ceria market?
6. What are the growth factors driving the market demand?
Ceria (CeO₂, “cerium dioxide”) is a pale yellow, cubic-fluorite oxide of cerium that readily forms oxygen vacancies and cycles between Ce⁴⁺/Ce³⁺, giving it high oxygen-storage/ release capacity. Those redox/defect properties — together with hard yet chemically active surfaces — make CeO₂ a workhorse for glass & optics polishing, catalysis (e.g., TWC oxygen storage, soot oxidation), CMP in semiconductors (especially STI/ILD), UV-blocking pigments/coatings, and as electrolyte/ion-conductor when doped. Structurally, stoichiometric CeO₂ crystallizes in the fluorite space group Fm3̅m with eightfold Ce–O coordination; real ceria is often slightly oxygen-deficient (CeO₂–x), which underpins its catalytic function. Typical commercial routes calcine cerium hydroxide/oxalate from REE separations to oxide and then finish to controlled particle size/SBET (micro to nanoscale).
In 2024, global production of CeO₂ exceeded 74,000 tons, with an average ex-factory price of around $3,000 per ton. The industry’s average gross margin was approximately 15%.
Upstream starts with REE ores (bastnäsite/monazite), where China still dominates refining; separated REO output is skewed toward La/Ce, historically ~70% of separated oxides by volume. Cerium is oxidized/precipitated and calcined to CeO₂ (commodity 99–99.5%+; high-purity/nano via tighter precursors and finish). Midstream producers tailor particle size (µm to nm), surface area and dopants, and formulate into polishing powders or supply nano-ceria for catalysts, coatings and energy uses. Downstream demand clusters in glass & optics polishing, automotive emission control, and semiconductor CMP. Policy/market context matters: China accounted for ~91% of refined REE output in 2024 and has periodically adjusted export controls; 2024 trade data showed higher RE exports by volume but lower value amid falling prices, underscoring margin pressure.
China is the anchor of ceria supply and a major consumption base (glass/optics, catalysts). Export statistics in 2024 show volumes up ~6% YoY but values down ~36% as prices fell, illustrating the commoditized nature of bulk CeO₂; newer export-control headlines in 2025 add uncertainty to non-Chinese buyers’ risk calculus.
Asia-Pacific ex-China (Japan, South Korea, Taiwan, SE Asia, India) is the fastest-growing demand center for CMP slurries and high-spec polishing owing to semiconductor and display investment; sector trackers show APAC leading overall CMP slurry share, which flows down to ceria demand in certain nodes/steps.
Europe is smaller in bulk volume but high in value-added (precision optics, coatings, research) and is re-building RE supply chains, which could gradually localize some niche CeO₂ finishing.
North America sees steady pull from automotive catalysts, optics/tools, and a recovering electronics ecosystem; margin dynamics track broader REO cycles — with 2024–2025 corporate reports highlighting both pressure at low prices and the benefit of specialty mixes.
Rest of World (LatAm/MEA) grows from a small base in architectural glass, optics service and industrial MRO, typically sourcing commodity ceria powders from Asia while importing niche nano grades as needed. (Market sizes here are embedded in the global figures above.)
This report studies the global Ceria production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Ceria and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Ceria that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Ceria total production and demand, 2021-2032, (Tons)
Global Ceria total production value, 2021-2032, (USD Million)
Global Ceria production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Tons), (based on production site)
Global Ceria consumption by region & country, CAGR, 2021-2032 & (Tons)
U.S. VS China: Ceria domestic production, consumption, key domestic manufacturers and share
Global Ceria production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Tons)
Global Ceria production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
Global Ceria production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Tons)
This report profiles key players in the global Ceria market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include China Northern Rare Earth, Chinalco Rare Earth & Metal, Golden Dragon Rare-Earth, China Minmetals Rare Earth, Shenghe Resources, China Southern Rare Earth, Grirem Advanced Materials, Ganzhou Wanfeng Tech, Yongzhou Xiangjiang Rare Earth, Yiyang Hongyuan Rare Earth, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Ceria market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Ceria Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Ceria Market, Segmentation by Type:
Purity ≤2N
Purity 3N-4N
Purity ≥5N
Global Ceria Market, Segmentation by Application:
Polishing
Catalysis
Glass Additives
Others
Companies Profiled:
China Northern Rare Earth
Chinalco Rare Earth & Metal
Golden Dragon Rare-Earth
China Minmetals Rare Earth
Shenghe Resources
China Southern Rare Earth
Grirem Advanced Materials
Ganzhou Wanfeng Tech
Yongzhou Xiangjiang Rare Earth
Yiyang Hongyuan Rare Earth
Lynas Rare Earths
Neo Performance Materials
Key Questions Answered:
1. How big is the global Ceria market?
2. What is the demand of the global Ceria market?
3. What is the year over year growth of the global Ceria market?
4. What is the production and production value of the global Ceria market?
5. Who are the key producers in the global Ceria market?
6. What are the growth factors driving the market demand?
Table of Contents
116 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
