Global Selenium Metal Market Growth 2023-2029

Global Selenium Metal Market Growth 2023-2029

Commercial quantities of selenium are recovered as a byproduct of the electrolytic refining of copper where it accumulates in anode residues. Growth in consumption was driven by the development of new uses, including applications in rubber compounding, steel alloying, and selenium rectifiers. By 1970, selenium in rectifiers had largely been replaced by silicon, but its use as a photoconductor in plain paper copiers had become its leading application. During the 1980's, the photoconductor application declined (although it was still a large end-use) as more and more copiers using organic photoconductors were produced. In 1996, continuing research showed a positive correlation between selenium supplementation and cancer prevention in humans, but widespread direct application of this important finding would not add significantly to demand owing to the small doses required. In the late 1990's, the use of selenium (usually with bismuth) as an additive to plumbing brasses to meet no-lead environmental standards became important. The average price for selenium in 2000 was $3.82 per pound.

LPI (LP Information)' newest research report, the “Selenium Metal Industry Forecast” looks at past sales and reviews total world Selenium Metal sales in 2022, providing a comprehensive analysis by region and market sector of projected Selenium Metal sales for 2023 through 2029. With Selenium Metal sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Selenium Metal industry.

This Insight Report provides a comprehensive analysis of the global Selenium Metal landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Selenium Metal portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Selenium Metal market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Selenium Metal and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Selenium Metal.

The global Selenium Metal market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.

This report presents a comprehensive overview, market shares, and growth opportunities of Selenium Metal market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
2N
3N
4N
5N

Segmentation by application
Metallurgy
Glass Manufacturing
Agriculture
Chemicals and Pigment
Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Vital Materials
Umicore
Sumitomo Metal Mining
Yunnan Copper Science & Technology
LS-Nikko Copper
Shinko Chemical
Retorte GmbH
Southern Copper Corp
Jinchuan Group
II-VI Incorporated
Norilsk Nickel
Nippon Rare Metal
5N Plus
KGHM Corporate
Uralelectromed

Key Questions Addressed in this Report

What is the 10-year outlook for the global Selenium Metal market?

What factors are driving Selenium Metal market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Selenium Metal market opportunities vary by end market size?

How does Selenium Metal break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.