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

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Research

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

Published Date

12-Sept-2016

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

REPORT DESCRIPTION

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

Sulfide...