Selenium Sulfide Market

Selenium Sulfide Market (Product Type - Sulfide 99.0% and Sulfide 99.99%; Application - Personal Care (Shampoos, Lotions), Veterinary Medicines(Eczema, Dermatomycoses)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Selenium sulfide is also called as selenium mono sulfide. It is a solid formulation of sulfur and selenium. It occurs in either bright orange or yellow orange in powder or tablet form at room temperatures. The compound may or may not be soluble in water. In early 1950s, selenium sulfide was given approval for medical use. Selenium disulfides is an inorganic compound that is utilized as a treatment medication for tinea versicolor. Tinea versicolor is a fungus that causes discoloration of skin. Selenium sulfide is also used for treating dandruff, and seborrheic dermatitis. It is a highly effective cytostatic as well as anti-infective agent that is commonly used for treating fungal infections affecting skin. It is generally applied to the infected area as a shampoo or a lotion. Selenium sulfide is also available as a generic and over the counter medicine.

Growing popularity of selenium sulfide is mainly because of its highly cost effective treatment. In addition to this, there are rising number of end use applications for personal care products, hair care products and grooming that are also helping to drive the demand for selenium sulfide. Furthermore, the growing and booming personal care industry, in which selenium sulfide is a vital component, is being driven by the increasing disposable income of customers and evolving lifestyles. Such developments are also projected to drive the overall growth of the global market in coming years. However, some known side effects such as temporary hair loss, dry scalp, oily scalp, and skin irritation can occur due to constant use of selenium sulfide products. That might impede the market. Nonetheless, anti-dandruff shampoos and dermatological skin lotions are expected to emerge as key application sub-segments and their growing popularity will ultimately help in the overall development of the global market over the given period of forecast.

Selenium Sulfide Market: Snapshot

The selenium sulfide market is extremely consolidated and has been characterized by an oligopolistic environment globally. Investments in emerging markets such as Asia Pacific, Latin America, and Africa present immense scope for growth in the near future, as does new product development.

While the growing demand for personal care products is a key factor driving the global market for selenium sulfide, the imposition of strict government regulations pertaining to its application in personal care products also poses a severe challenge. Keeping this in mind, the demand for selenium sulfide is estimated to rise at a modest 2.2% CAGR from 2016 to 2024. The revenue generated by this market in 2015 was pegged at US$27.5 mn and is likely to reach US$35.6 mn by 2024, expanding at a 2.9% CAGR therein.

Growing Demand for Selenium Sulfide in Veterinary Medications

In terms of product, selenium sulfide has been segmented into selenium sulfide 99.0% and selenium sulfide 99.99% based on its purity level. Selenium sulfide 99.0% is the dominant product type due to its cost-effective features.

The personal care industry is the leading end-use segment, wherein selenium sulfide is used in anti-dandruff shampoos due to its anti-infective properties. Anti-dandruff shampoos and dermatological skin lotions form key application sub-segments in the personal care segment of the global selenium sulfide market.

Selenium-sulfide-based lotions are also used as veterinary medication to cure eczema and dermatomycoses. For instance, selenium sulfide is employed in dog shampoos to remove excess oil and scaling of the skin. Different types of skin treatment lotions are prepared using selenium sulfide as a base product for veterinary medicines in the veterinary care industry.

selenium-sulfide-market

Emerging Economies Hold Dominant Share in Global Selenium Sulfide Market

The global market for selenium sulfide has been segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific accounted for the leading share in the selenium sulfide market in 2015 due to the increasing demand for personal care products and cosmetics in the region. Rapid growth in population and an increase in disposable income are positively impacting the lifestyle and buying preferences of consumers. This, in turn, is boosting the personal care industry in the region.

Rising awareness about veterinary care in Asia Pacific, coupled with an increase in the usage of veterinary medicines, is also expected to drive the APAC selenium sulfide market in the near future. The region is anticipated to maintain its dominance during the forecast period, led by rapid growth in emerging economies such as China, India, Thailand, and Singapore. China is the leading consumer of selenium sulfide-based products in the world; the country accounts for more than 50% share of the total consumption in Asia Pacific.

Latin America is anticipated to be one of the key regions for selenium sulfide-based products in the global selenium sulfide market due to the constant increase in demand for hair care products in the region. Brazil accounts for a share of more than 10% in the global hair care product consumption.

Major players operating in the global selenium sulfide market include Abcr GmbH, Alfa Aesar, Wockhardt Ltd., FAGRON, G&W Laboratories, Adisseo, Salvi Chemicals, and Omkar Specialty Chemicals Ltd.

    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)
        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

    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
              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
              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)
        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
        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
        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

    List of Tables

    Table 1: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 2: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 3: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 4: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Region Type, 2015–2024
    Table 5: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 6: Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 7: Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 8: Market Volume (Kilogram) forecast, By Region
    Table 9: Market Size (US$ thousand) forecast, By Region
    Table 10: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 11: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 12: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 13: Market Volume (Kilogram) forecast, By Region
    Table 14: Market Size (US$ thousand) forecast, By Region
    Table 15: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 16: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 17: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 18: Market Volume (Kilogram) forecast, By Region
    Table 19: Market Size (US$ thousand) forecast, By Region
    Table 20: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 21: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 22: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 23: Market Volume (Kilogram) forecast, By Region
    Table 24: Market Size (US$ thousand) forecast, By Region
    Table 25: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Product Type, 2015–2024
    Table 26: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 27: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, By Application Type, 2015–2024
    Table 28: Market Volume (Kilogram) forecast, By Region
    Table 29: Market Size (US$ thousand) forecast, By Region

    List of Figures

    Figure 1: Global Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilograms) Forecast, 2015–2024
    Figure 2: Global Selenium Sulfide Average Price (US$/ Kg) 2015–2024
    Figure 3: Global Selenium Sulfide Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 4: Selenium Sulfide 99.0% (Kg) (Thousand)
    Figure 5: Selenium Sulfide 99.99% (Kg) (Thousand)
    Figure 6: Selenium Sulfide Market Attractiveness Analysis By Product Type
    Figure 7: Global Selenium Sulfide Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 8: Global Selenium Sulfide Market Value Share Analysis By Personal care Application Type, 2016 and 2024
    Figure 9: Global Selenium Sulfide Market Value Share Analysis By Anti-dandruff shampoo Application Type, 2016 and 2024
    Figure 10: Global Selenium Sulfide Market Value Share Analysis By Lotions Application Type, 2016 and 2024
    Figure 11: Global Selenium Sulfide Market Value Share Analysis By Veterinary Medicines Application Type, 2016 and 2024
    Figure 12: Global Selenium Sulfide Market Value Share Analysis By Eczema Lotions Application Type, 2016 and 2024
    Figure 13: Global Selenium Sulfide Market Value Share Analysis By Dermatomycoses Lotions Application Type, 2016 and 2024
    Figure 14: Selenium Sulfide Market Attractiveness Analysis By Product Type
    Figure 15: Global Selenium Sulfide Market Value Share Analysis By Region Type, 2016 and 2024
    Figure 16: Selenium Sulfide Market Attractiveness Analysis, By Region Type
    Figure 17: North America Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, 2015–2024
    Figure 18: North America Selenium Sulfide Market Size and Volume Y-o-Y Growth Projections, 2015–2024
    Figure 19: North America Market Attractiveness Analysis By Country
    Figure 20: North America Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 21: North America Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 22: North America Market Value Share Analysis By Country, 2016 and 2024
    Figure 23: North America Market Attractiveness Analysis By Product Type, 2016 and 2024
    Figure 24: North America Market Attractiveness Analysis By Application Type, 2016 and 2024
    Figure 25: Europe Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, 2015–2024
    Figure 26: Europe Selenium Sulfide Market Size and Volume Y-o-Y Growth Projections, 2015–2024
    Figure 27: Europe Market Attractiveness Analysis By Country
    Figure 28: Europe Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 29: Europe Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 30: Europe Market Value Share Analysis By Country, 2016 and 2024
    Figure 31: Europe Market Attractiveness Analysis By Product Type, 2016 and 2024
    Figure 32: Europe Market Attractiveness Analysis By Application Type, 2016 and 2024
    Figure 33: Asia Pacific Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, 2015–2024
    Figure 34: Asia Pacific Selenium Sulfide Market Size and Volume Y-o-Y Growth Projections, 2015–2024
    Figure 35: Asia Pacific Market Attractiveness Analysis By Country
    Figure 36: Asia Pacific Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 37: Asia Pacific Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 38: Asia Pacific Market Value Share Analysis By Country, 2016 and 2024
    Figure 39: Asia Pacific Market Attractiveness Analysis By Product Type, 2016 and 2024
    Figure 40: Asia Pacific Market Attractiveness Analysis By Application, 2016 and 2024
    Figure 41: MEA Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, 2015–2024
    Figure 42: MEA Selenium Sulfide Market Size and Volume Y-o-Y Growth Projections, 2015–2024
    Figure 43: MEA Market Attractiveness Analysis By Country
    Figure 44: MEA Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 45: MEA Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 46: Middle East & Africa Market Value Share Analysis By Country, 2016 and 2024
    Figure 47: Middle East & Africa Market Attractiveness Analysis By Product Type, 2016 and 2024
    Figure 48: Middle East & Africa Market Attractiveness Analysis By Application Type, 2016 and 2024
    Figure 49: Latin America Selenium Sulfide Market Size (US$ Thousand) and Volume (Kilogram) Forecast, 2015–2024
    Figure 50: Latin America Selenium Sulfide Market Size and Volume Y-o-Y Growth Projections, 2015–2024
    Figure 51: Latin America Market Attractiveness Analysis By Country
    Figure 52: Latin America Market Value Share Analysis By Product Type, 2016 and 2024
    Figure 53: Latin America Market Value Share Analysis By Application Type, 2016 and 2024
    Figure 54: Latin America Market Value Share Analysis By Country, 2016 and 2024
    Figure 55: Latin America Market Attractiveness Analysis By Product Type, 2016 and 2024
    Figure 56: Latin America Market Attractiveness Analysis By Application Type, 2016 and 2024
    Figure 57: Global Selenium Sulfide Market Share Analysis By Company (2015)

     

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