The Sodium Selenite market is projected to grow at a rate of 5.4% in terms of value, from 2019 to reach USD 1.31 Billion by 2027. Sodium Selenite or Disodium Selenite is a colorless inorganic salt derived from the selenium compound. Sodium selenite is created through the chemical reaction of selenium dioxide and sodium hydroxide. This solid-state salt, derived from selenium, has almost the same properties as the sodium sulfate salt. The sodium Selenite is approved as the food ingredient for dietary supplements by the U.S. Institute of Medicine European Food Safety Authority and to be used as well as consumed following the preset limit of this material.
Top Companies Operating in the Global Sodium Selenite Market:
RETORTE GmbH, Jinhua, Ahpstar, Salvi Chemical Industries Ltd., American Elements, Orffa, II-VI Incorporated, Maruti Chemicals, Merck KGaA, and Lycored Ltd.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Sodium Selenite market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Sodium Selenite market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Sodium Selenite market key players
3.2 Global Sodium Selenite size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Sodium Selenite market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Sodium Selenite Market Segmentation
Sales Channel Outlook (Revenue, USD Million; 2016-2027)
- Online Retailing
- Medical Stores Brand Outlet
Grade Outlook (Revenue, USD Million; 2016-2027)
- Food Grade
- Industrial Grade
- Pharmaceutical Grade
End-Use Verticals Outlook (Revenue, USD Million; 2016-2027)
- Glass Manufacturing
- Chemical Processing
- Foods Beverages
- Synthetic Fiber
- Drugs Medication
- Others
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