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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

  • Date Submitted: 09/21/2016 03:13 AM
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Transparency Market
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
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142 Page Report

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Personal Care Industry to Retain Lead in Demand for
Selenium Sulfide Through 2024, reports TMR
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Selenium Sulfide Market

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


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