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Global Selenium Market 2017-2021

Global Selenium Market 2017-2021

About Selenium

Selenium is a rare mineral. It is amorphous in nature and has a brick-red powder appearance. When melted, rapidly it forms black, vitreous form, which is usually sold commercially as beads. The most stable and dense form of selenium is gray selenium, which has a hexagonal crystal lattice structure consisting of helical polymeric chains. Selenium forms two oxides, namely, selenium dioxide and selenium trioxide. Selenium dioxide is formed when elemental selenium reacts with oxygen and selenium trioxide is formed when anhydrous potassium selenate reacts with sulfur trioxide. Salts of selenous acids are called selenites.

Technavio’s analysts forecast the global selenium market to grow at a CAGR of 1.96% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global selenium market for 2017-2021 . To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Selenium Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • American Elements
  • Hindalco Industries
  • Mitsubishi Materials Corporation
  • SUMITOMO METAL MINING
  • Umicore
Other prominent vendors
  • II-VI JAPAN
  • 5N Plus
  • Able Target Limited
  • Aurubis
  • BEHN MEYER
  • JX Nippon Mining & Metals
  • Leshan Kaiya Photoelectric Technology
  • Maruti Chemicals
  • Nippon Rare Metal
  • PAN PACIFIC COPPER
  • Process Materials
  • RETORTE
  • Salvi Chemical industries
  • Shinko Chemical
  • Super Conductor Materials
Market driver
  • Germany and Japan play a major role in selenium market
  • For a full, detailed list, view our report
Market challenge
  • Government initiatives toward smart glasses
  • For a full, detailed list, view our report
Market trend
  • Increasing use of selenium in electronic products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Selenium Market 2017-2021

Technavio recognizes the following companies as the key players in the global selenium market: American Elements, Hindalco Industries, Mitsubishi Materials Corporation, SUMITOMO METAL MINING, and Umicore

Other Prominent Vendors in the market are: II-VI JAPAN, 5N Plus, Able Target Limited, Aurubis, BEHN MEYER, JX Nippon Mining & Metals, Leshan Kaiya Photoelectric Technology, Maruti Chemicals, Nippon Rare Metal, PAN PACIFIC COPPER, Process Materials, RETORTE, Salvi Chemical industries, Shinko Chemical, and Super Conductor Materials.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use of selenium in electronic products. Selenium is a naturally occurring element in the Earth's crust. However, it is rarely available in its elemental form but is rather found as a compound with other elements. It is a semiconductor material and is used in various electronic components such as circuit boards and photosensitive drums in photocopiers. The photosensitive drum in photocopiers is the heart of the system. It is a metal roller covered by a layer of photoconductive material, which is made of a semiconductor such as selenium. Thus, the use of selenium in electronics and photocopiers will drive the growth of the global selenium market during the forecast period.”

According to the report, one of the major drivers for this market is Germany and Japan play a major role in selenium market. The major producers of selenium such as Mitsubishi Materials Corporation and SUMITOMO METAL MINING are based in Japan. Japan and Germany account for more than 64% of the global selenium production in 2016. Approximately 50% of the selenium produced in Japan was exported to China in 2016. In China, imported selenium is primarily used in ceramic tiles. The domestic demand for selenium in Japan is driven by the growing glass industry in the country.

Further, the report states that one of the major factors hindering the growth of this market is Government initiatives toward smart glasses. Selenium is used to improve the characteristics of glass. It is also used in larger quantities to decolorize heat absorbent glass that is used in automobile and office windows. Governments across the world are taking initiatives to encourage the smart glass manufacturers and capitalize on the support. There have been major projects pertaining to the applications of smart glasses in end-use industries such as the construction and automotive industries, especially in the Americas. Some of the projects that have benefited the electrochromic segment of the global smart glass market include the Marine Corps Air Station project.

Companies Mentioned

American Elements, Hindalco Industries, Mitsubishi Materials Corporation, SUMITOMO METAL MINING, Umicore, II-VI JAPAN, 5N Plus, Able Target Limited, Aurubis, BEHN MEYER, JX Nippon Mining & Metals, Leshan Kaiya Photoelectric Technology, Maruti Chemicals, Nippon Rare Metal, PAN PACIFIC COPPER, Process Materials, RETORTE, Salvi Chemical industries, Shinko Chemical, and Super Conductor Materials.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global non-ferrous metal market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global selenium market - Market size and forecast 2016-2021 (metric tons)
      • Table Global selenium market - Year-over-year growth 2017-2021 (% share)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • Metallurgy - Market size and forecast 2016-2021
      • Table Metallurgy - Market size and forecast 2016-2021 (metric tons)
      • Table Metallurgy - Year-over-year growth 2017-2021 (% share)
    • Glassmaking - Market size and forecast 2016-2021
      • Table Glassmaking - Market size and forecast 2016-2021 (metric tons)
      • Table Glassmaking - Year-over-year growth 2017-2021 (% share)
    • Agriculture - Market size and forecast 2016-2021
      • Table Agriculture - Market size and forecast 2016-2021 (metric tons)
      • Table Agriculture - Year-over-year growth 2017-2021 (% share)
    • Chemicals - Market size and forecast 2016-2021
      • Table Chemicals - Market size and forecast 2016-2021 (metric tons)
      • Table Chemicals - Year-over-year growth 2017-2021 (% share)
    • Others - Market size and forecast 2016-2021
      • Table Others - Market size and forecast 2016-2021 (metric tons)
      • Table Others - Year-over-year growth 2017-2021 (% share)
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landcape
    • Geographical segmentation
      • Table Global selenium market - Market share by geography 2016-2021 (% share)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 (metric tons)
      • Table Americas - Year-over-year growth 2017-2021 (% share)
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 (metric tons)
      • Table EMEA - Year-over-year growth 2017-2021 (% share)
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 (metric tons)
      • Table APAC - Year-over-year growth 2017-2021 (% share)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Some of the major side effects of the overuse of selenium
  • Market trends
    • Increasing use of selenium in electronic products
    • Increasing use of selenium in batteries and solar cells
    • Increasing use of selenium in antibacterial coatings
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Vendor analysis
    • American Elements
      • Table American Elements: Business segmentation
    • Hindalco Industries
      • Table Hindalco Industries: Business segmentation by revenue 2016
    • Mitsubishi Materials Corporation
      • Table Mitsubishi Materials Corporation: Business segmentation by revenue 2016
      • Table Mitsubishi Materials Corporation: Geographical segmentation by revenue 2016
    • SUMITOMO METAL MINING
      • Table SUMITOMO METAL MINING: Business segmentation by revenue 2016
      • Table SUMITOMO METAL MINING: Geographical segmentation by revenue 2016
    • Umicore
      • Table Umicore: Business segmentation by revenue 2016
      • Table Umicore: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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