Market Overview:
The global selenium metal market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Selenium metal is used in various applications such as metallurgy, glass manufacturing, agriculture, chemicals and pigments, electronics and others. The growth of the global selenium metal market can be attributed to the increasing demand for selenium in various end-use industries. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand for selenium in China and India.
Product Definition:
Selenium is a chemical element with symbol Se and atomic number 34. A brittle, silver-white semimetal, selenium is a semiconductor and one of the rarer elements in the Earth's crust. Selenium was discovered in 1817 by Jöns Jacob Berzelius, who noted the similarity of the new element to sulfur.
2N:
2N, also known as selenium (Se) metal or colloidal selenite, is a mineral composed of pure silver and gold. It has the composition Ag n (Ag), where n is an integer between 2 and 4. The product was first described in 1803 by Paterno et Sarriko in Spain; however, it was not until 1808 that its existence was confirmed by Babinet.
3N:
3N is the term used for referring to the selenium metal content in its various alloys and compounds. It's important to note that 3N does not refer to a specific weight percentage of selenium, but rather refers to different types of alloys and compounds containing selenium. The most common type of 3N alloy is an iron-based alloy which contains around 33% - 45% Selenium by weight (dependent on composition).
Application Insights:
The application segment includes metallurgy, glass manufacturing, agriculture chemicals and pigment, electronics, paints and coatings, and others. Metallurgy was the largest revenue-generating segment in 2017. It is anticipated to witness growth at a CAGR of XX% over the forecast period owing to rising demand for selenium from various end-use industries such as automotive and construction among others.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major part of global production owing to low labor costs coupled with easy availability of raw materials. China, which is also one of the leading consumers, accounted for around 60% of total regional output in 2016.
China has witnessed significant growth in domestic consumption as well as exports owing to favorable government policies encouraging investments from foreign companies along with high demand from end-use industries such as electronics and automotive. In addition, rising disposable income levels are likely to have a positive impact on industry dynamics over the coming years.
North America emerged as one of the fastest growing regions accounting for an estimated 7% CAGR between 2017.
Growth Factors:
- Increasing demand from the automotive and electronics industries for Selenium Metal is expected to drive the market growth.
- Selenium Metal is extensively used in various applications such as glassmaking, pigments, photoengraving, and semiconductor manufacturing which is likely to propel the market growth over the forecast period.
- Growing awareness about benefits of selenium metal usage in various end-use industries is projected to fuel the demand for selenium metal during the forecast period.
- The increasing use of Selenium Metal in solar energy systems owing to its anti-reflective properties is anticipated to boost market growth over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Selenium Metal Market Research Report
By Type
2N, 3N, 4N, 5N
By Application
Metallurgy, Glass Manufacturing, Agriculture, Chemicals and Pigment, Electronics, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Selenium Metal Market Report Segments:
The global Selenium Metal market is segmented on the basis of:
Types
2N, 3N, 4N, 5N
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgy, Glass Manufacturing, Agriculture, Chemicals and Pigment, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Selenium Metal Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2N
- 3N
- 4N
- 5N
- By Application:
- Metallurgy
- Glass Manufacturing
- Agriculture
- Chemicals and Pigment
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Selenium Metal Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Selenium metal is a chemical element with the symbol Se and atomic number 34. Selenium is a brittle, silver-white metal that tarnishes when exposed to air and moisture. It has a low melting point of just under 1,000 °C (1,800 °F), making it difficult to work with. Selenium is used in various industrial applications because of its high resistance to corrosion.
Some of the major players in the selenium metal market are 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.
The selenium metal market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Selenium Metal Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Selenium Metal Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Selenium Metal Market - Supply Chain
4.5. Global Selenium Metal Market Forecast
4.5.1. Selenium Metal Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Selenium Metal Market Size (000 Units) and Y-o-Y Growth
4.5.3. Selenium Metal Market Absolute $ Opportunity
5. Global Selenium Metal Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Selenium Metal Market Size and Volume Forecast by Type
5.3.1. 2N
5.3.2. 3N
5.3.3. 4N
5.3.4. 5N
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Selenium Metal Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Selenium Metal Market Size and Volume Forecast by Application
6.3.1. Metallurgy
6.3.2. Glass Manufacturing
6.3.3. Agriculture
6.3.4. Chemicals and Pigment
6.3.5. Electronics
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Selenium Metal Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Selenium Metal Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Selenium Metal Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Selenium Metal Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Selenium Metal Demand Share Forecast, 2019-2026
9. North America Selenium Metal Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Selenium Metal Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Selenium Metal Market Size and Volume Forecast by Application
9.4.1. Metallurgy
9.4.2. Glass Manufacturing
9.4.3. Agriculture
9.4.4. Chemicals and Pigment
9.4.5. Electronics
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Selenium Metal Market Size and Volume Forecast by Type
9.7.1. 2N
9.7.2. 3N
9.7.3. 4N
9.7.4. 5N
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Selenium Metal Demand Share Forecast, 2019-2026
10. Latin America Selenium Metal Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Selenium Metal Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Selenium Metal Market Size and Volume Forecast by Application
10.4.1. Metallurgy
10.4.2. Glass Manufacturing
10.4.3. Agriculture
10.4.4. Chemicals and Pigment
10.4.5. Electronics
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Selenium Metal Market Size and Volume Forecast by Type
10.7.1. 2N
10.7.2. 3N
10.7.3. 4N
10.7.4. 5N
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Selenium Metal Demand Share Forecast, 2019-2026
11. Europe Selenium Metal Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Selenium Metal Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Selenium Metal Market Size and Volume Forecast by Application
11.4.1. Metallurgy
11.4.2. Glass Manufacturing
11.4.3. Agriculture
11.4.4. Chemicals and Pigment
11.4.5. Electronics
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Selenium Metal Market Size and Volume Forecast by Type
11.7.1. 2N
11.7.2. 3N
11.7.3. 4N
11.7.4. 5N
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type 11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Selenium Metal Demand Share, 2019-2026
12. Asia Pacific Selenium Metal Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Selenium Metal Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Selenium Metal Market Size and Volume Forecast by Application
12.4.1. Metallurgy
12.4.2. Glass Manufacturing
12.4.3. Agriculture
12.4.4. Chemicals and Pigment
12.4.5. Electronics
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Selenium Metal Market Size and Volume Forecast by Type
12.7.1. 2N
12.7.2. 3N
12.7.3. 4N
12.7.4. 5N
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Selenium Metal Demand Share, 2019-2026
13. Middle East & Africa Selenium Metal Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Selenium Metal Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Selenium Metal Market Size and Volume Forecast by Application
13.4.1. Metallurgy
13.4.2. Glass Manufacturing
13.4.3. Agriculture
13.4.4. Chemicals and Pigment
13.4.5. Electronics
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Selenium Metal Market Size and Volume Forecast by Type
13.7.1. 2N
13.7.2. 3N
13.7.3. 4N
13.7.4. 5N
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Selenium Metal Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Selenium Metal Market: Market Share Analysis
14.2. Selenium Metal Distributors and Customers
14.3. Selenium Metal Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Vital Materials
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Umicore
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sumitomo Metal Mining
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yunnan Copper Science & Technology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LS-Nikko Copper
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shinko Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Retorte GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Southern Copper Corp
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jinchuan Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. II-VI Incorporated
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norilsk Nickel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nippon Rare Metal
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. 5N Plus
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. KGHM Corporate
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Uralelectromed
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
