Sodium selenite is a chemical form of selenium, which is a mineral that naturally exists in the crust of the earth. This supplement is an inorganic combination of selenium, oxygen, and sodium.
Sodium selenite is a colorless toxic solid. Because selenium is an essential element, it is mainly used in feed additives and food industry. Also, it is mainly used in the manufacture of colorless glass. Owing to its toxicity, it is forbidden in Japan and some Europe countries for food ingredient. Japan had just allowed sodium selenite use in feed additives.
Raw material of sodium selenite are selenium dioxide (or crude selenium powder) and sodium hydroxide. Also it pollutes environment during the production. During past five years, price of sodium selenite decreased since price of sodium powder had decreasing.
There are only a few manufacturers all over the world, such as II-VI, Retorte, Orffa, Vital, Jinhua and Ahpstar. Downstream demand for sodium selenite seems steady those years. So, we speculate that there will not be too many manufacturers entering this industry in the future.
According to this study, over the next five years the Sodium Selenite market will register a 16.7% CAGR in terms of revenue, the global market size will reach US$ 73 million by 2024, from US$ 29 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sodium Selenite business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Sodium Selenite market by product type, application, key manufacturers and key regions and countries.
This study considers the Sodium Selenite value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Feed Grade
Industry Grade
Food Grade
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed Additives
Food Industry
Glass Industry
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
II-VI
Retorte
Orffa
Vital
Jinhua
Ahpstar
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Sodium Selenite consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Sodium Selenite market by identifying its various subsegments.
Focuses on the key global Sodium Selenite manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Sodium Selenite with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Sodium Selenite submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Sodium Selenite . Industry analysis & Market Report on Sodium Selenite is a syndicated market report, published as Global Sodium Selenite Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Sodium Selenite market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.