Global Selenium Sulfide Market is anticipated to reach US$35.6 mn in 2024, expanding at a CAGR of 2.2% from 2016 to 2024

Transparency Market
Research
Selenium Sulfide Market (Product Type - Sulfide 99.0% and
Sulfide 99.99%; Application - Personal Care and Veterinary
Medicines) - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024
Published Date
12-Sept-2016
142 Page Report
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Press Release
Personal Care Industry to Retain Lead in Demand for
Selenium Sulfide Through 2024, reports TMR
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Selenium Sulfide Market
REPORT DESCRIPTION
Selenium Sulfide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
The global market for selenium sulfide is extremely consolidated in nature and the top four companies
accounted for nearly 60% of the total market in 2015. Transparency Market Research has found that these
players, namely Abcr GmbH, Alfa Aesar, Wockhardt, and Fagron, are focusing on the Middle East and Africa
region as well as Asia Pacific as an investment opportunity to expand their footprint and increase their share in
the global selenium sulphide market. Mergers and acquisitions also form a successful growth strategy, as
identified by TMR. A case in point would be Fagron. Based in the Netherlands, the company acquired USbased Anazao Health in May 2015 to strengthen its position in the U.S. market through a large customer base
and an improved supply-chain network.
The revenue generated by the global selenium sulfide market stood at US$27.5 mn in 2015 and is anticipated
to reach US$35.6 mn by 2024, registering a 2.9% CAGR therein. The demand for selenium sulfide is estimated
to rise at a modest 2.2% CAGR from 2016 to 2024.
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Growing Demand for Personal Care Products in Emerging Economies to Spur Demand for Selenium
Sulfide
Based on product type, selenium sulfide with a 99.0% purity held the leading share in the global market in
2015, accounting for more than 70% that year. The segment dominates the market by demand as well as
revenue. However, in terms of revenue, selenium sulfide with a 99.99% purity level is projected to register a
CAGR of 15.4% from 2016 to 2024, higher than that of selenium sulfide 99.0%.
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Selenium Sulfide Market
By application, the selenium sulfide market is characterized by the near-complete dominance of the personal
care industry. The veterinary medicines segment is forecast to witness slow growth from 2016 to 2024 owing to
the lack of awareness in emerging economies. Asia Pacific leads the global selenium sulfide market,
accounting for an estimated share of just over 57% in 2016. Asia Pacific is also projected to witness significant
growth by value and volume throughout the forecast period.
Carcinogenic Properties of Selenium Sulfide Present Cause for Concern
The growing demand for specialized hair care products, especially in developing economies, is a key factor
driving the global selenium sulfide market. “For instance, consumers in countries such as Brazil, Mexico,
Argentina, Thailand, Malaysia, the Philippines, India, and China have been opting for hydrating and antidandruff shampoos,” the TMR analyst finds.
The demand for specialized hair care products and various grooming and personal care products is driven
primarily by the rising disposable incomes of consumers in these countries. “The surge in income has had a
significant impact on their lifestyle, which bores well for the cosmetics and personal care industry,” the author
states. This, in turn, propels the selenium sulfide market across the globe.
In contrast, the carcinogenic properties of selenium sulfide have compelled several governments to impose
strict regulations for their use in personal care products. This acts as a major deterrent to the growth of the
selenium sulfide market.
Browse the full research report At : http://www.transparencymarketresearch.com/selenium-sulfidemarket.html
This review is based on the findings of a TMR report titled “Selenium Sulfide Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Selenium Sulfide Market – Product Analysis
•
Selenium sulfide 99.0%
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Selenium Sulfide Market
•
Selenium sulfide 99.99%
Selenium Sulfide Market – Application Analysis
•
Personal care
•
Shampoos
•
Lotions
•
Veterinary medicine
•
Eczema
•
Dermatomycoses
Selenium Sulfide Market – Regional Analysis
North America
•
U.S.
•
Canada
Europe
•
U.K.
•
Spain
•
France
•
Germany
•
Italy
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
India
•
ASEAN
•
Rest of Asia Pacific
Latin America
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Selenium Sulfide Market
•
Brazil
•
Mexico
•
Rest of Latin America
Middle East & Africa (MEA)
•
GCC
•
Egypt
•
South Africa
•
Rest of MEA
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TABLE OF CONTENT
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Assumptions and Acronyms Used
2.2. Research Methodology
3. Executive Summary
3.1. Market Size, Indicative (US$ Thousand)
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3.2. Top 3 Trends
4. Market Overview
4.1. Product Overview
4.2. Key Industry Developments
4.3. Market Indicators
4.4. Drivers and Restraints Snapshot Analysis
4.5. Drivers
4.6. Restraints
4.7. Opportunities
4.8. Global Selenium Sulfide Market Analysis and Forecasts
4.9. Selenium Sulfide Market: Global Demand-Supply Scenario
4.9.1. Porter’s Analysis
4.9.2. Threat of Substitutes
4.9.3. Bargaining Power of Buyers
4.9.4. Bargaining Power of Suppliers
4.9.5. Threat of New Entrants
4.9.6. Degree of Competition
4.9.7. Value Chain Analysis
4.9.8. Global Selenium Sulfide Market Analysis and Forecasts
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5. Selenium Sulfide Market Analysis, by Product
5.1. Selenium Sulfide 99.0% (Kg) (Thousand)
5.2. Selenium Sulfide 99.99% (Kg) (Thousand)
5.3. Selenium Sulfide Market Attractiveness Analysis By Product Type
5.4. Key Trends
6. Selenium Sulfide Market Analysis, by Application
6.1. Global Selenium Sulfide Market Value Share Analysis By Personal care Application Type, 2016 and
2024
6.2. Global Selenium Sulfide Market Value Share Analysis By Veterinary Medicines Application Type, 2016
and 2024
6.3. Application Comparison
6.4. Selenium Sulfide Market Attractiveness Analysis By Application Type
7. Selenium Sulfide Market Analysis by Region
7.1. Global Regulatory Scenario
7.2. Global Selenium Sulfide Market Value Share Analysis, by Region Type
7.3. North America Selenium Sulfide Market Analysis
7.4. Key Findings
7.4.1. North America Selenium Sulfide Market Overview
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7.4.2. North America Market Forecast by Product Type
7.4.3. North America Market Forecast by Application Type
7.4.4. North America Market Forecast by Country Type
7.4.5. North America Market Attractiveness Analysis, by Product Type
7.4.6. North America Market Attractiveness Analysis, by Application Type
7.5. Europe Selenium Sulfide Market Analysis
7.6. Key Findings
7.6.1. Europe Selenium Sulfide Market Overview
7.6.2. Europe Market Forecast by Product Type
7.6.3. Europe Market Forecast by Application Type
7.6.4. Europe Market Forecast by Country Type
7.6.5. Europe Market Attractiveness Analysis, by Product Type
7.6.6. Europe Market Attractiveness Analysis, by Application Type
7.7. Asia Pacific Selenium Sulfide Market Analysis
7.8. Key Findings
7.8.1. Asia Pacific Selenium Sulfide Market Overview
7.8.2. Asia Pacific Market Forecast by Product Type
7.8.3. Asia Pacific Market Forecast by Application Type
7.8.4. Asia Pacific Market Forecast by Country Type
7.8.5. Asia Pacific Market Attractiveness Analysis, by Product Type
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7.8.6. Asia Pacific Market Attractiveness Analysis, by Application Type
7.9. Middle East & Africa Selenium Sulfide Market Analysis
7.10. Key Findings
7.10.1. Middle East & Africa Selenium Sulfide Market Overview
7.10.2. Middle East & Africa Market Forecast by Product Type
7.10.3. Middle East & Africa Market Forecast by Application Type
7.10.4. Middle East & Africa Market Forecast by Country Type
7.10.5. Middle East & Africa Market Attractiveness Analysis, by Product Type
7.10.6. Middle East & Africa Market Attractiveness Analysis, by Application Type
7.11. Latin America Selenium Sulfide Market Analysis
7.12. Key Findings
7.12.1. Latin America Selenium Sulfide Market Overview
7.12.2. Latin America Market Forecast by Product Type
7.12.3. Latin America Market Forecast by Application Type
7.12.4. Latin America Market Forecast by Country Type
7.12.5. Latin America Market Attractiveness Analysis, by Product Type
7.12.6. Latin America Market Attractiveness Analysis, by Application Type
8. Competition Landscape
8.1. Selenium Sulfide Market Share Analysis by Company (2015)
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8.2. Competition Matrix
8.3. Abcr GmbH
8.4. Alfa Aesar
8.5. Wockhardt Ltd.
8.6. FAGRON
8.7. G&W Laboratories
8.8. Adisseo
8.9. Salvi Chemicals
8.10. Omkar Specialty Chemicals Ltd.
9. Company Profiles
9.1. Abcr GmbH
9.1.1. Company Description
9.1.2. Business Overview
9.2. Alfa Aesar
9.2.1. Company Description
9.2.2. Business Overview
9.2.3. SWOT Analysis
9.2.4. Financial Details
9.2.5. Strategic Overview
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9.3. Wockhardt Ltd.
9.3.1. Company Description
9.3.2. Business Overview
9.3.3. SWOT Analysis
9.3.4. Financial Details
9.3.5. Strategic Overview
9.4. FAGRON
9.4.1. Company Description
9.4.2. Business Overview
9.4.3. SWOT Analysis
9.4.4. Financial Details
9.4.5. Strategic Overview
9.5. G&W Laboratories
9.5.1. Company Description
9.5.2. Business Overview
9.6. Omkar Specialty Chemicals Ltd.
9.6.1. Company Description
9.6.2. Business Overview
9.6.3. SWOT Analysis
9.6.4. Strategic Overview
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9.7. Salvi Chemicals
9.7.1. Company Description
9.7.2. Business Overview
9.8. Adisseo
9.8.1. Company Description
9.8.2. Business Overview
10. Key Takeaways
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The global market for selenium sulfide is extremely consolidated in nature and the top four companies accounted for nearly 60% of the total market in 2015. Transparency Market Research has found that these players, namely Abcr GmbH, Alfa Aesar, Wockhardt, and Fagron, are focusing on the Middle East and Africa region as well as Asia Pacific as an investment opportunity to expand their footprint and increase their share in the global selenium sulphide market. Mergers and acquisitions also form a successful growth strategy, as identified by TMR. A case in point would be Fagron. Based in the Netherlands, the company acquired US-based Anazao Health in May 2015 to strengthen its position in the U.S. market through a large customer base and an improved supply-chain network.