Skip to main content

Selenium Sulfide Market: Rising Focus on Improving Physical Appearance to Boost Demand for Personal Care Products,TMR

The global selenium sulfide market is highly competitive and consolidated in nature, owing to the presence of a few players who are holding a key share of the global market, states a new research report by Transparency Market Research. In 2015, the leading players operating in the selenium sulfide market across the globe, namely Abcr GmbH, Wockhardt, Alfa Aesar, and Fagron collectively accounted for more than 60% of the global market and is likely to remain in the dominant positions throughout the forecast period. These players are expected to focus on untapped markets in Asia Pacific and the Middle East and Africa in order to expand their market presence and gain a competitive edge in the global selenium sulfide market in the coming years. Moreover, the increasing focus on mergers and acquisitions is likely to contribute towards the overall development of the market in the next few years.
As per the research study by Transparency Market Research, in 2015, the global market for selenium sulfide was worth US$27.5 mn and is likely to reach a value of US$35.6 mn by the end of 2024. The market is expected to register a 2.90% CAGR between 2016 and 2024. 
Rising Disposable Income among Consumers to Bolster Asia Pacific Selenium Sulfide Market 
From a geographical point of view, Asia Pacific is likely to lead the global selenium sulfide market throughout the forecast period. The growing demand for cosmetics and other personal care products is anticipated to accelerate the growth of this region in the coming years. In addition, the rising disposable income of consumers and the tremendously rising population are anticipated to supplement the Asia Pacific market’s growth in the near future. A substantial contribution from China, Singapore, Thailand, and India is estimated to create promising opportunities for key players in the market. Furthermore, Latin America is expected to witness healthy growth in the coming years. 

On the basis of applications, the global market for selenium sulfide has been classified into veterinary medicine and personal care. Among these two, the personal care segment is estimated to register a remarkable growth throughout the forecast period. The rising demand for various personal care products and the enhancement of the distribution network across the globe are projected to accelerate the growth of this segment in the near future. On the other hand, the segment for veterinary medicine is estimated to witness a steady growth in the coming years, owing to the lack of awareness regarding consumers across the globe. 
For more information on this report, fill the form @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14444
Growing Demand for Personal Care Products to Generate Lucrative Opportunities for Players  
The tremendous rise in the demand for personal care products is one of the key factors anticipated to encourage the growth of the global selenium sulfide market in the forecast period. The key players in the market are emphasizing on advertising and marketing tactics in order to promote personal care products is likely to accelerate the growth of the market. In addition, the rising awareness among consumers regarding the benefits of using veterinary medicines in several developing nations is anticipated to supplement the development of the overall market throughout the forecast period. 
On the flip side, the global market for selenium sulfide is predicted to face several challenges in the next few years. The rising concerns related to the carcinogenic properties by selenium sulfide has resulted in several restriction related to its rise in personal care products. This is projected to restrict the growth of the global selenium sulfide market in the coming years. Nonetheless, the expansion of the application base and the introduction of new products are predicted to fuel the growth of the global selenium sulfide market in the next few years. 
The global selenium sulfide market has been segmented as below:
Selenium Sulfide Market, by Product Type
  • Selenium sulfide 99.0%
  • Selenium sulfide 99.99%

Selenium Sulfide Market, by Application
  • Personal care
    • Shampoos
    • LotionS

  • Veterinary medicine
    • Eczema
    • Dermatomycoses

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Selenium Sulfide Market (Product Type - Sulfide 99.0% and Sulfide 99.99%; Application - Personal Care (Shampoos, Lotions), Veterinary Medicines(Eczema, Dermatomycoses)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” 
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a...
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry ...
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid proto...
Post a Comment
Read more