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市場調査レポート
商品コード
1451480

硝酸セリックアンモニウム市場レポート:タイプ、用途、地域別、2024-2032

Ceric Ammonium Nitrate Market Report by Type (Neutralization Method, Conversion Method), Application (Laboratory Chemicals, Photomasks, Liquids Crystal Displays, and Others), and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 149 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=156.76円
硝酸セリックアンモニウム市場レポート:タイプ、用途、地域別、2024-2032
出版日: 2024年03月02日
発行: IMARC
ページ情報: 英文 149 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

硝酸セリックアンモニウムの世界市場規模は2023年に1億8,310万米ドルに達しました。今後、IMARC Groupは、市場は2032年までに2億8,280万米ドルに達し、2024年から2032年の間に4.8%の成長率(CAGR)を示すと予測しています。化学産業の拡大、各業界における研究開発活動の活発化、より効率的で環境に優しい触媒が必要とされる厳しい環境規制、電子部品の小型化・複雑化傾向の高まり、製薬セクターの成長などが市場を牽引する要因となっています。

必須の無機化合物である硝酸セリックアンモニウムは、多段階の工程を経て合成されます。硝酸環境下での硝酸セラミウムの電解酸化から始まり、硝酸アンモニウム水溶液で処理されます。その結果、さまざまな産業で多様な用途に使われる水溶性の化合物ができます。その主な機能のひとつは、オレフィンの重合触媒であり、ポリマーやプラスチックの生産において極めて重要な役割を果たしています。さらに、硝酸セリックアンモニウムは有機酸化反応を触媒し、求電子ラジカルからアルケンへの変換、第二級アルコールからケトンへの変換、ベンジリックアルコールからアルデヒドへの変換を促進します。これらのプロセスは、広範な工業的有用性を持つ数多くの化合物の合成に応用されています。さらに、この硝酸塩はクロムエッチング剤の製造にも重要な役割を果たしています。これらのエッチャントは、エレクトロニクス産業、特に電子製品の製造において不可欠な成分です。クロム層を選択的に除去するために使用され、電子部品や回路の精密な製造に貢献します。この化合物の多用途性と複数の産業における重要性により、様々な製造プロセスや技術の進歩に広範囲な影響を与える基本的な化学物質となっています。

世界市場は、化学反応における触媒としての製品需要の増加が主な要因となっています。プラスチックや合成材料の生産が最も重要な重合において、硝酸セリックアンモニウムは触媒として機能し、材料科学と製造における技術革新を推進します。さらに、酸化反応を触媒することで、アルコールやオレフィンなどの様々な化合物を必須化学中間体へと変化させ、化学産業に欠かせない存在にしています。さらに、エレクトロニクス産業の成長が市場を活性化しています。この化合物は、電子部品や回路を精密に製造するのに不可欠なクロムエッチング剤の製造に欠かせないです。コンシューマーエレクトロニクス、半導体デバイス、モノのインターネット(IoT)が成長し続けるにつれて、これらのエッチャントの需要が高まり、それによって市場が活性化します。さらに、この化合物の汎用性と、医薬品や航空宇宙など多様な分野にわたる幅広い用途が、市場の成長に寄与しています。革新的なアプリケーションの継続的な探求と新しい化学プロセスの開発も、化合物の需要を刺激しています。

硝酸セリックアンモニウム市場の動向と促進要因:

様々な最終用途産業における原料としての製品採用の増加

様々な最終用途産業における供給原料としての製品採用の増加が、市場成長の触媒となっています。その汎用性とユニークな触媒特性により、様々な工業プロセスにおいて不可欠な成分となっています。化学産業では触媒として機能し、プラスチック、合成材料、様々な化学中間体の製造の基礎となる反応を促進します。これらの分野でこの化合物の使用が拡大しているのは、その効率性と、革新的な材料や化学化合物に対する需要の高まりに対応する必要性が背景にあります。さらに、その採用はエレクトロニクス産業にも及んでおり、電子部品の製造において重要な役割を果たしています。民生用電子機器、通信、半導体デバイスの進歩や小型化が進むにつれ、硝酸セリックアンモニウムを含む精密で信頼性の高い化学プロセスへの需要が高まっています。さらに、硝酸アンモニウムの用途は製薬、航空宇宙、自動車産業にも及び、その持続的成長に寄与しています。新規用途の開拓と化学プロセスの絶え間ない進歩により、この化合物は産業革新の最前線にあり続け、化学セクター拡大の原動力としての地位を確固たるものにしています。

ポリ塩化ビニル(PVC)製品、塗料、コーティング剤、接着剤、潤滑剤、医薬品の製造におけるオキソアルコールの使用増加

ポリ塩化ビニル(PVC)材料、塗料、コーティング剤、接着剤、潤滑剤、医薬品など、さまざまな必須製品の製造におけるオキソアルコールの使用拡大が市場を牽引しています。様々な化学プロセスにおける重要な中間体であるオキソアルコールは、硝酸セリックアンモニウムによって触媒され、利用可能になります。建設業界やプラスチック業界の要であるPVC製造において、この化合物は重合反応を促進し、パイプからビニル床材まで多様なPVC製品を生み出します。さらに、塗料、コーティング剤、接着剤の製造においても極めて重要な役割を果たしており、これらの配合に使用される特殊化学品や樹脂の合成を可能にしています。これらの材料の需要は、建設、自動車、工業セクターが牽引しており、市場を直接押し上げています。また、潤滑油業界では、この化合物を利用して反応を触媒し、潤滑油添加剤を作り出し、機械の効率と耐久性を確保しています。さらに、その重要性は医薬品分野にも及んでおり、医薬中間体や化合物を合成しています。製薬産業が革新と拡大を続ける中、この化合物を含む効率的な化学プロセスに対する需要は揺るぎなく、重要な触媒としての役割とマーケット成長軌道の主要促進要因としての役割を確固たるものにしています。

スマートホームと小型電子機器の人気の高まり

スマートホームと小型電子機器の人気の高まりが市場の成長を促進しています。相互接続されたデバイスやシステムによって特徴づけられるスマートホーム技術は、小型化された電子部品に大きく依存しています。硝酸セリックアンモニウムから得られる重要な成分であるセリウムは、小型電子機器の製造において極めて重要です。セリウムは、半導体およびエレクトロニクス産業の研磨・仕上げ工程に不可欠であり、スマートホーム機器内のマイクロチップ、センサー、回路の精度と性能を保証しています。消費者がその利便性、エネルギー効率、接続性からスマートホーム技術をますます受け入れるようになるにつれ、より小型でより高性能な電子機器への需要が高まり続けています。さらに、小型電子機器はスマートホームに限らず、ウェアラブル、医療機器、携帯ガジェットにも広がっています。高度なマイクロエレクトロニクスを搭載することが多いこれらの小型デバイスは、効率的な生産のために硝酸セリックアンモニウム由来の材料に依存しています。小型化・携帯化の動向が強まるにつれ、精密製造プロセスを可能にする硝酸セリウム市場は、大きな盛り上がりを見せています。技術革新と小型電子機器の製造における化合物の役割の相乗効果により、現代生活の形成における硝酸セリウムの重要性が強調され、このダイナミックな分野における市場成長が促進されます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 硝酸セリックアンモニウムの世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:タイプ別

  • 中和方法
    • 市場動向
    • 市場予測
  • 転換法
    • 市場動向
    • 市場予測

第7章 市場内訳:用途別

  • ラボ用化学品
    • 市場動向
    • 市場展望
  • フォトマスク
    • 市場動向
    • 市場予測
  • 液晶ディスプレイ
    • 市場動向
    • 市場展望
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第9章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第12章 価格分析

第13章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Absco Limited
    • Blue Line Corporation
    • Merck KGaA
    • Otto Chemie Pvt. Ltd.
    • Oxford Lab Fine Chem LLP
    • Santa Cruz Biotechnology Inc.
    • Suvchem
    • TCI Chemicals(India)Private Limited
    • Thomas Scientific(The Carlyle Group)
    • Toronto Research Chemicals Inc.
    • Uranus Chemicals Co. Ltd.
図表

List of Figures

  • Figure 1: Global: Ceric Ammonium Nitrate Market: Major Drivers and Challenges
  • Figure 2: Global: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Ceric Ammonium Nitrate Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Ceric Ammonium Nitrate Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Ceric Ammonium Nitrate Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Ceric Ammonium Nitrate (Neutralization Method) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Ceric Ammonium Nitrate (Neutralization Method) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Ceric Ammonium Nitrate (Conversion Method) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Ceric Ammonium Nitrate (Conversion Method) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Ceric Ammonium Nitrate (Laboratory Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Ceric Ammonium Nitrate (Laboratory Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Ceric Ammonium Nitrate (Photomasks) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Ceric Ammonium Nitrate (Photomasks) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Ceric Ammonium Nitrate (Liquids Crystal Displays) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Ceric Ammonium Nitrate (Liquids Crystal Displays) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Ceric Ammonium Nitrate (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Ceric Ammonium Nitrate (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: North America: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: North America: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: United States: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: United States: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Canada: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Canada: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Asia-Pacific: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Asia-Pacific: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: China: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: China: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Japan: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Japan: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: India: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: India: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: South Korea: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: South Korea: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Australia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Australia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Indonesia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Indonesia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Europe: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Europe: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Germany: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Germany: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: France: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: France: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: United Kingdom: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: United Kingdom: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Italy: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Italy: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Spain: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Spain: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Russia: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Russia: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Latin America: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Latin America: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Brazil: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Brazil: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Mexico: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Mexico: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Others: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Others: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Middle East and Africa: Ceric Ammonium Nitrate Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Middle East and Africa: Ceric Ammonium Nitrate Market: Breakup by Country (in %), 2023
  • Figure 67: Middle East and Africa: Ceric Ammonium Nitrate Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Global: Ceric Ammonium Nitrate Industry: SWOT Analysis
  • Figure 69: Global: Ceric Ammonium Nitrate Industry: Value Chain Analysis
  • Figure 70: Global: Ceric Ammonium Nitrate Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Ceric Ammonium Nitrate Market: Key Industry Highlights, 2023 & 2032
  • Table 2: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Ceric Ammonium Nitrate Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Ceric Ammonium Nitrate Market: Competitive Structure
  • Table 6: Global: Ceric Ammonium Nitrate Market: Key Players
目次
Product Code: SR112024A4866

The global ceric ammonium nitrate market size reached US$ 183.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 282.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032. The expanding chemical industry, the increasing research and development activities across industries, the stringent environmental regulations necessitating more efficient and eco-friendly catalysts, the rising trend toward smaller and more intricate electronic components, and the growing pharmaceutical sector are some of the factors propelling the market.

Ceric ammonium nitrate, an essential inorganic compound, is synthesized through a multi-step process. It begins with the electrolytic oxidation of cerous nitrate in a nitric acid environment, followed by treatment with an ammonium nitrate solution. This results in a water-soluble compound with diverse applications across various industries. One of its primary functions lies in catalyzing the polymerization of olefins, playing a pivotal role in the production of polymers and plastics. Additionally, ceric ammonium nitrate catalyzes organic oxidation reactions, facilitating the conversion of electrophilic radicals into alkenes, secondary alcohols into ketones, and benzylic alcohols into aldehydes. These processes find applications in synthesizing numerous chemical compounds with broad industrial utility. Moreover, this nitrate plays a crucial role in producing chrome etchants. These etchants are indispensable components in the electronics industry, specifically in manufacturing electronic items. They are used to selectively remove chrome layers, contributing to the precise fabrication of electronic components and circuitry. This compound's versatility and significance in multiple industries make it a fundamental chemical with a far-reaching impact on various manufacturing processes and technological advancements.

The global market is majorly driven by the increasing product demand as a catalyst in chemical reactions. In polymerization, where the production of plastics and synthetic materials is paramount, ceric ammonium nitrate acts as a catalyst, driving innovation in materials science and manufacturing. Additionally, it catalyzes oxidation reactions, facilitating the transformation of various compounds, such as alcohols and olefins, into essential chemical intermediates, making them indispensable in the chemical industry. Furthermore, the electronics industry's growth is catalyzing the market. This compound is vital in producing chrome etchants, which are critical for precisely fabricating electronic components and circuitry. As consumer electronics, semiconductor devices, and the Internet of Things (IoT) continue to grow, the demand for these etchants rises, thereby boosting the market. Moreover, the compound's versatility and wide-ranging applications across diverse sectors, including pharmaceuticals and aerospace, contribute to its market growth. The continued exploration of innovative applications and the development of new chemical processes also stimulate compound demand.

Ceric Ammonium Nitrate Market Trends/Drivers:

Increasing product adoption as a feedstock in different end-use industries

The increasing product adoption as a feedstock in various end-use industries is catalyzing market growth. Its versatility and unique catalytic properties have made it an essential ingredient in various industrial processes. It acts as a catalyst in the chemical industry, facilitating reactions fundamental to producing plastics, synthetic materials, and various chemical intermediates. The expanding use of the compound in these sectors is driven by its efficiency and the imperative to meet growing demands for innovative materials and chemical compounds. Moreover, its adoption extends to the electronics industry, where it plays a critical role in manufacturing electronic components. As consumer electronics, telecommunications, and semiconductor devices continue to advance and miniaturize, the demand for precise and reliable chemical processes, often involving ceric ammonium nitrate, rises correspondingly. Furthermore, its usage spans the pharmaceuticals, aerospace, and automotive industries, contributing to its sustained growth. The exploration of novel applications and continuous advancements in chemical processes ensure that the compound remains at the forefront of industrial innovation, solidifying its position as a driving force in the chemical sector's expansion.

Rising use of oxo-alcohols in the manufacturing of polyvinyl chloride (PVC) products, paints, coatings, adhesives, lubricants, and drugs

The escalating use of oxo-alcohols in producing an array of essential products, including polyvinyl chloride (PVC) materials, paints, coatings, adhesives, lubricants, and pharmaceuticals, is propelling the market. Oxo-alcohols, crucial intermediates in various chemical processes, are catalyzed and enabled by ceric ammonium nitrate. In PVC manufacturing, a cornerstone of the construction and plastics industries, the compound facilitates polymerization reactions that yield diverse PVC products, from pipes to vinyl flooring. Furthermore, it plays a pivotal role in producing paints, coatings, and adhesives, enabling the synthesis of specialty chemicals and resins used in these formulations. The demand for these materials is driven by the construction, automotive, and industrial sectors, directly boosting the market. In addition, the lubricants industry utilizes the compound to catalyze reactions, creating lubricant additives and ensuring the efficiency and durability of machinery. Moreover, its importance extends to the pharmaceutical sector, where it synthesizes pharmaceutical intermediates and compounds. As the pharmaceutical industry continues to innovate and expand, the demand for efficient chemical processes involving the compound remains steadfast, cementing its role as a crucial catalyst and a key driver in the market's growth trajectory.

The growing popularity of smart homes and miniature electronics

The growing popularity of smart homes and miniature electronics is fostering market growth. Smart home technology, characterized by interconnected devices and systems, relies heavily on miniaturized electronic components. Cerium, a crucial component derived from ceric ammonium nitrate, is pivotal in manufacturing miniature electronic devices. It is essential for polishing and finishing processes in the semiconductor and electronics industries, ensuring the precision and performance of microchips, sensors, and circuitry within smart home devices. As consumers increasingly embrace smart home technology for its convenience, energy efficiency, and connectivity, the demand for smaller and more powerful electronics continues to rise. Furthermore, miniature electronics are not limited to smart homes but extend to wearables, medical devices, and portable gadgets. These compact devices, often powered by advanced microelectronics, rely on ceric ammonium nitrate-derived materials for efficient production. As the trend towards miniaturization and portability intensifies, the market for ceric ammonium nitrate, as an enabler of precision manufacturing processes, experiences a substantial boost. The synergy between technological innovation and the compound's role in manufacturing miniature electronics underscores its significance in shaping modern living and driving market growth in this dynamic sector.

Ceric Ammonium Nitrate Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

Neutralization Method

Conversion Method

The report has provided a detailed breakup and analysis of the market based on the type. This includes neutralization and conversion methods.

The neutralization method, a key driver of market expansion, involves the reaction of cerium oxide with nitric acid to produce ceric ammonium nitrate. This approach is favored for its simplicity, cost-effectiveness, and ability to achieve high purity levels, making it a preferred choice for various applications such as analytical chemistry, catalysis, and organic synthesis. The method's ease of scalability also contributes to its prominence in the market, as it caters to laboratory and industrial-scale demands.

Conversely, the conversion method, which has gained traction in recent years, involves the transformation of ceric ammonium sulfate into ceric ammonium nitrate. This process has found favor among industries requiring specialized grades and purities of ceric ammonium nitrate, particularly in electronics and high-performance materials. Its precise control over composition and properties has elevated its significance in niche applications, thus contributing significantly to market growth.

Breakup by Application:

Laboratory Chemicals

Photomasks

Liquids Crystal Displays

Others

Laboratory chemicals dominates the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes laboratory chemicals, photomasks, liquids crystal displays, and others. According to the report, laboratory chemicals represented the largest segment.

In laboratories, ceric ammonium nitrate (CAN) is a versatile and indispensable reagent for various chemical analyses and transformations. Its unique properties, particularly its strong oxidizing abilities, make it an essential component for the oxidation of alcohols, testing for the presence of double bonds in organic compounds, and as a redox titrant. As laboratories across diverse fields, including chemistry, biology, and material science, continue to expand their research horizons, the demand for high-purity and reliable laboratory chemicals like CAN rises.

The precision and reliability associated with CAN ensure accurate and reproducible results, a fundamental requirement in scientific research. Moreover, the evolving landscape of pharmaceuticals, nanotechnology, and environmental science industries further fuels the demand for laboratory chemicals like CAN. Its critical role in catalyzing chemical reactions and as a powerful analytical tool position it as an indispensable element in laboratories, ultimately underpinning the persistent growth of the market.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America boasts a robust and diverse industrial landscape, with extensive ceric ammonium nitrate (CAN) applications across various sectors. This includes its use in chemical research, catalysis, and the electronics industry. Furthermore, the region places a strong emphasis on research and development activities, particularly in the fields of materials science, pharmaceuticals, and electronics. CAN's role as a versatile reagent in these sectors fuels its demand. Additionally, the region's stringent quality standards and regulations ensure the need for high-quality laboratory chemicals like CAN, supporting market growth.

Moreover, the region's focus on sustainability and environmental initiatives further stimulates CAN's applications, particularly in green chemistry practices. As North America continues to advance technologically and expand its scientific and industrial capabilities, the demand for CAN remains robust, making it a driving factor for the market growth across the region.

Competitive Landscape:

Top companies are strengthening the market through their commitment to innovation, quality, and strategic partnerships. These industry frontrunners invest significantly in research and development to advance ceric ammonium nitrate production techniques, ensuring higher purity and efficiency. Their strong emphasis on quality control and adherence to stringent safety standards instills customer confidence, fostering trust in the product. Additionally, top companies collaborate with manufacturers across various industries, ensuring a steady compound supply for various applications. Their global presence and distribution networks further facilitate market expansion by ensuring accessibility and timely delivery. Moreover, these companies often pioneer sustainability initiatives, aligning with the growing demand for eco-friendly and responsible manufacturing practices, bolstering their reputation, and enhancing the compound's overall market appeal.

The report has provided a comprehensive analysis of the competitive landscape in the ceric ammonium nitrate market. Detailed profiles of all major companies have also been provided.

Absco Limited

Blue Line Corporation

Merck KGaA

Otto Chemie Pvt. Ltd.

Oxford Lab Fine Chem LLP

Santa Cruz Biotechnology Inc.

Suvchem

TCI Chemicals (India) Private Limited

Thomas Scientific (The Carlyle Group)

Toronto Research Chemicals Inc.

Uranus Chemicals Co. Ltd.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Recent Developments:

In 2023, Blue Line Corporation announced a 550,000-square-foot expansion in Hondo, Texas.

In September 2023, Merck KGaA announced two new strategic drug discovery collaborations with BenevolentAI and Exscientia to harness powerful artificial intelligence (AI)-driven design and discovery capabilities, further advancing the company's research efforts.

Key Questions Answered in This Report

  • 1. What was the size of the global ceric ammonium nitrate market in 2023?
  • 2. What is the expected growth rate of the global ceric ammonium nitrate market during 2024-2032?
  • 3. What are the key factors driving the global ceric ammonium nitrate market?
  • 4. What has been the impact of COVID-19 on the global ceric ammonium nitrate market?
  • 5. What is the breakup of the global ceric ammonium nitrate market based on the application?
  • 6. What are the key regions in the global ceric ammonium nitrate market?
  • 7. Who are the key players/companies in the global ceric ammonium nitrate market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Ceric Ammonium Nitrate Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Neutralization Method
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Conversion Method
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Laboratory Chemicals
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Photomasks
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Liquids Crystal Displays
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Absco Limited
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 Blue Line Corporation
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
    • 13.3.3 Merck KGaA
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
      • 13.3.3.4 SWOT Analysis
    • 13.3.4 Otto Chemie Pvt. Ltd.
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
    • 13.3.5 Oxford Lab Fine Chem LLP
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Santa Cruz Biotechnology Inc.
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Suvchem
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 TCI Chemicals (India) Private Limited
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9 Thomas Scientific (The Carlyle Group)
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10 Toronto Research Chemicals Inc.
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
    • 13.3.11 Uranus Chemicals Co. Ltd.
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio