Selenium Sulfide market share research by applications and regions for 2018-2024

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Selenium Sulfide market share research by
applications and regions for 2018-2024 Global
Market Insights, Inc.
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Overview of Selenium Sulfide Market

• The application areas of the selenium sulfide
  market are personal care, veterinary medicine and
  others such as pharmaceuticals. In personal care,
  it finds its uses in shampoo and lotions. In
  veterinary medication it is used to cure eczema
  and dermatomycoses. For instance, selenium
  sulfide is employed in dog shampoos to remove
  excess oil and scaling of the skin. Hence, by
  application the selenium sulfide market is
  inclined towards personal care industry in the
  near future.
• Selenium Sulfide Market size is set to grow at
  substantial CAGR from 2018 to 2024. Selenium
  sulfide or selenium mono sulfide is a solid
  formulation of selenium and sulfur. It exists in
  either yellow-orange or bright orange in tablet
  or powder form at room temperature. it may or may
  not be soluble in water. Selenium sulfide was
  approved for medical use in the United States in
  the early 1950s. Selenium disulfide is an
  inorganic compound used as a medication to treat
  tinea versicolor (a fungus that discolors the
  skin), seborrhoeic dermatitis, and dandruff.
  selenium sulfide is an anti-infective agent as
  well as a cytostatic agent commonly used to treat
  fungal infections of the skin. It is applied to
  the affected area as a lotion or shampoo.
  Selenium disulfide is available as generic
  medication and over the counter.

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• Increasing popularity of selenium sulfide 99.0
  due to its cost-effective properties and the
  increasing number of end-use applications for
  hair care, grooming and personal care products
  are primarily driving the demand for pure
  selenium sulfide market. In addition to this, the
  flourishing personal care industry wherein
  selenium sulfide is an important element, driven
  by the rising disposable incomes of consumers and
  changing lifestyle will propels the selenium
  sulfide demand across the globe. Furthermore,
  dermatological skin lotions and anti-dandruff
  shampoos are considered to be prominent
  application sub-segments and their increasing
  popularity in turn is projected to drive the
  growth of the global market for selenium sulfide.
• Whereas on the other hand, the side effects of
  selenium sulfide include skin irritation, oily or
  dry scalp, temporary hair loss may occur. The
  carcinogenic properties of selenium sulfide have
  urged several governments to levy regulations for
  their use in personal care products. which acts
  as a major restraint to the growth of the
  selenium sulfide market.
• The global selenium sulfide market could be
  segmented in terms of the different types of
  application and product grade. By grade selenium
  sulfide market can be split into selenium sulfide
  99.0 and 99.99. The latter one is more dominant
  due to its cost-effective features.

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• Growing demand for professional hair care
  products, especially in emerging economies, is a
  key factor driving the global selenium sulfide
  market. For example, consumers in countries such
  as Mexico, Brazil, Argentina, Thailand, Malaysia,
  India, and China have been opting for hydrating
  and anti-dandruff shampoos owing to climatic
  conditions. On the other hand, Asia Pacific
  accounted for the growth in the selenium sulfide
  market due to factors like increasing demand for
  personal care products and cosmetics, rapid
  growth in population and an increasing disposable
  income are positively impacting the lifestyle and
  buying preferences of consumers, which will
  supplement the personal care industry in the Asia
  Pacific markets growth in coming years.
• The selenium sulfide market is highly integrated
  and has been categorized as an oligopolistic
  environment globally. The highly consolidated
  nature of the market makes it difficult for small
  and medium scale companies to expand their
  existing shares. The competitive landscape
  includes key players such as Abcr GmbH, Wockhardt
  Limited, FAGRON, Alfa Aesar, GW Laboratories,
  Omkar Speciality Chemicals, Salvi Chemicals,
  PhibroChem, Ochem, BOC Sciences, Glentham Life
  Sciences Limited., Chemieliva Pharmaceutical
  Company, Norris-Pharm Technology Co.,Limited.,
  Tractus Company Limited, Sigma Aldrich to name a
  few. Players are increasingly adopting
  partnerships, mergers, and acquisitions as part
  of their key growth strategies.

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Methodology

• Market
  research reports Key analytical components

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