The global market for Selenium was estimated to be worth US$ 80.8 million in 2024 and is forecast to a readjusted size of US$ 97 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Selenium cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Selenium is a chemical element with the symbol Se. It is a non-metal (sometimes classified as a metalloid) with properties that fall between those of sulfur and tellurium in the periodic table, and it also shares similarities with arsenic. Selenium rarely exists in its elemental form and is seldom found in the Earth's crust as a purified compound ore. All data presented in this report are calculated based on selenium with a purity of 99.99%. Therefore, the data do not represent crude selenium, refined selenium, or high-purity selenium. The report only includes production-end enterprises that possess or integrate industrial chain capabilities. As such, the data exclude traders and processing companies-for example, well-known selenium processing enterprises in China such as Foshan Weijun Nonferrous Metals Co., Ltd. and Leadtech Group. Enterprises with integrated industrial chain capabilities refer to certain processing companies that have exclusive distribution agreements with crude selenium producers or are involved in selenium recycling; these entities should be regarded as production-end enterprises.
Selenium is primarily associated with copper concentrates and becomes further enriched in anode slime during the copper electrolysis process. It finds wide application across various industries, including metallurgy, glass and ceramics, electronics, agricultural feed, healthcare, and food supplements. In recent years, as the copper, lead, and zinc smelting industries have evolved, companies have increasingly optimized their core technologies and equipment to reduce costs and comply with increasingly stringent environmental regulations. At the same time, the industry has been shifting toward maximizing profits through comprehensive resource recovery, with minor and rare metals becoming key sources of net profit for base metal smelting enterprises. Although selenium sales account for less than 1% of total company revenue, the sales of multiple minor metals have become an irreplaceable part of their profit structure. This has driven a steady increase in both the supply and recovery rate of crude selenium. The current market imbalance lies in relatively abundant supply coupled with weak downstream demand. Analysts note that overall demand for selenium has stabilized, and future growth potential largely depends on the widespread adoption of thin-film solar cells. Should this technology achieve large-scale commercialization, the demand for high-purity selenium is expected to rise significantly. Overall, selenium market demand tends to fluctuate, and the industry lacks a clear cyclical pattern.
This report aims to provide a comprehensive presentation of the global market for Selenium, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Selenium by region & country, by Grade, and by Application.
The Selenium market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Selenium.
Market Segmentation
By Company
- Yunnan Copper Science Technology Development
- Umicore
- Mitsubishi Materials
- LS MnM
- Sumitomo Metal Mining
- Jinchuan Group
- Coherent
- UMMC
- Shinko Chemical
- Norilsk Nickel
- Southern Copper Corp
- Nippon Rare Metal
- KGHM Corporate
- Retorte GmbH
Segment by Grade
- Selenium Powder
- Selenium Pellet
Segment by Application
- Metallurgy Industry
- Glass Industry
- Chemicals and Pigments
- Electronics
- Agriculture
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Selenium manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Grade, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Selenium in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Selenium in country level. It provides sigmate data by Grade, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Selenium Product Introduction
- 1.2 Global Selenium Market Size Forecast
- 1.2.1 Global Selenium Sales Value (2020-2031)
- 1.2.2 Global Selenium Sales Volume (2020-2031)
- 1.2.3 Global Selenium Sales Price (2020-2031)
- 1.3 Selenium Market Trends & Drivers
- 1.3.1 Selenium Industry Trends
- 1.3.2 Selenium Market Drivers & Opportunity
- 1.3.3 Selenium Market Challenges
- 1.3.4 Selenium Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Selenium Players Revenue Ranking (2024)
- 2.2 Global Selenium Revenue by Company (2020-2025)
- 2.3 Global Selenium Players Sales Volume Ranking (2024)
- 2.4 Global Selenium Sales Volume by Company Players (2020-2025)
- 2.5 Global Selenium Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Selenium Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Selenium Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Selenium
- 2.9 Selenium Market Competitive Analysis
- 2.9.1 Selenium Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Selenium Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Selenium as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Grade
- 3.1 Introduction by Grade
- 3.1.1 Selenium Powder
- 3.1.2 Selenium Pellet
- 3.2 Global Selenium Sales Value by Grade
- 3.2.1 Global Selenium Sales Value by Grade (2020 VS 2024 VS 2031)
- 3.2.2 Global Selenium Sales Value, by Grade (2020-2031)
- 3.2.3 Global Selenium Sales Value, by Grade (%) (2020-2031)
- 3.3 Global Selenium Sales Volume by Grade
- 3.3.1 Global Selenium Sales Volume by Grade (2020 VS 2024 VS 2031)
- 3.3.2 Global Selenium Sales Volume, by Grade (2020-2031)
- 3.3.3 Global Selenium Sales Volume, by Grade (%) (2020-2031)
- 3.4 Global Selenium Average Price by Grade (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Metallurgy Industry
- 4.1.2 Glass Industry
- 4.1.3 Chemicals and Pigments
- 4.1.4 Electronics
- 4.1.5 Agriculture
- 4.1.6 Others
- 4.2 Global Selenium Sales Value by Application
- 4.2.1 Global Selenium Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Selenium Sales Value, by Application (2020-2031)
- 4.2.3 Global Selenium Sales Value, by Application (%) (2020-2031)
- 4.3 Global Selenium Sales Volume by Application
- 4.3.1 Global Selenium Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Selenium Sales Volume, by Application (2020-2031)
- 4.3.3 Global Selenium Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Selenium Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Selenium Sales Value by Region
- 5.1.1 Global Selenium Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Selenium Sales Value by Region (2020-2025)
- 5.1.3 Global Selenium Sales Value by Region (2026-2031)
- 5.1.4 Global Selenium Sales Value by Region (%), (2020-2031)
- 5.2 Global Selenium Sales Volume by Region
- 5.2.1 Global Selenium Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Selenium Sales Volume by Region (2020-2025)
- 5.2.3 Global Selenium Sales Volume by Region (2026-2031)
- 5.2.4 Global Selenium Sales Volume by Region (%), (2020-2031)
- 5.3 Global Selenium Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Selenium Sales Value, 2020-2031
- 5.4.2 North America Selenium Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Selenium Sales Value, 2020-2031
- 5.5.2 Europe Selenium Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Selenium Sales Value, 2020-2031
- 5.6.2 Asia Pacific Selenium Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Selenium Sales Value, 2020-2031
- 5.7.2 South America Selenium Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Selenium Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Selenium Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Selenium Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Selenium Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Selenium Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Selenium Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Selenium Sales Value, 2020-2031
- 6.3.2 United States Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.3.3 United States Selenium Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Selenium Sales Value, 2020-2031
- 6.4.2 Europe Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.4.3 Europe Selenium Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Selenium Sales Value, 2020-2031
- 6.5.2 China Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.5.3 China Selenium Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Selenium Sales Value, 2020-2031
- 6.6.2 Japan Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.6.3 Japan Selenium Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Selenium Sales Value, 2020-2031
- 6.7.2 South Korea Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.7.3 South Korea Selenium Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Selenium Sales Value, 2020-2031
- 6.8.2 Southeast Asia Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.8.3 Southeast Asia Selenium Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Selenium Sales Value, 2020-2031
- 6.9.2 India Selenium Sales Value by Grade (%), 2024 VS 2031
- 6.9.3 India Selenium Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Yunnan Copper Science Technology Development
- 7.1.1 Yunnan Copper Science Technology Development Company Information
- 7.1.2 Yunnan Copper Science Technology Development Introduction and Business Overview
- 7.1.3 Yunnan Copper Science Technology Development Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Yunnan Copper Science Technology Development Selenium Product Offerings
- 7.1.5 Yunnan Copper Science Technology Development Recent Development
- 7.2 Umicore
- 7.2.1 Umicore Company Information
- 7.2.2 Umicore Introduction and Business Overview
- 7.2.3 Umicore Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Umicore Selenium Product Offerings
- 7.2.5 Umicore Recent Development
- 7.3 Mitsubishi Materials
- 7.3.1 Mitsubishi Materials Company Information
- 7.3.2 Mitsubishi Materials Introduction and Business Overview
- 7.3.3 Mitsubishi Materials Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Mitsubishi Materials Selenium Product Offerings
- 7.3.5 Mitsubishi Materials Recent Development
- 7.4 LS MnM
- 7.4.1 LS MnM Company Information
- 7.4.2 LS MnM Introduction and Business Overview
- 7.4.3 LS MnM Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 LS MnM Selenium Product Offerings
- 7.4.5 LS MnM Recent Development
- 7.5 Sumitomo Metal Mining
- 7.5.1 Sumitomo Metal Mining Company Information
- 7.5.2 Sumitomo Metal Mining Introduction and Business Overview
- 7.5.3 Sumitomo Metal Mining Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Sumitomo Metal Mining Selenium Product Offerings
- 7.5.5 Sumitomo Metal Mining Recent Development
- 7.6 Jinchuan Group
- 7.6.1 Jinchuan Group Company Information
- 7.6.2 Jinchuan Group Introduction and Business Overview
- 7.6.3 Jinchuan Group Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Jinchuan Group Selenium Product Offerings
- 7.6.5 Jinchuan Group Recent Development
- 7.7 Coherent
- 7.7.1 Coherent Company Information
- 7.7.2 Coherent Introduction and Business Overview
- 7.7.3 Coherent Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Coherent Selenium Product Offerings
- 7.7.5 Coherent Recent Development
- 7.8 UMMC
- 7.8.1 UMMC Company Information
- 7.8.2 UMMC Introduction and Business Overview
- 7.8.3 UMMC Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 UMMC Selenium Product Offerings
- 7.8.5 UMMC Recent Development
- 7.9 Shinko Chemical
- 7.9.1 Shinko Chemical Company Information
- 7.9.2 Shinko Chemical Introduction and Business Overview
- 7.9.3 Shinko Chemical Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Shinko Chemical Selenium Product Offerings
- 7.9.5 Shinko Chemical Recent Development
- 7.10 Norilsk Nickel
- 7.10.1 Norilsk Nickel Company Information
- 7.10.2 Norilsk Nickel Introduction and Business Overview
- 7.10.3 Norilsk Nickel Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Norilsk Nickel Selenium Product Offerings
- 7.10.5 Norilsk Nickel Recent Development
- 7.11 Southern Copper Corp
- 7.11.1 Southern Copper Corp Company Information
- 7.11.2 Southern Copper Corp Introduction and Business Overview
- 7.11.3 Southern Copper Corp Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Southern Copper Corp Selenium Product Offerings
- 7.11.5 Southern Copper Corp Recent Development
- 7.12 Nippon Rare Metal
- 7.12.1 Nippon Rare Metal Company Information
- 7.12.2 Nippon Rare Metal Introduction and Business Overview
- 7.12.3 Nippon Rare Metal Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Nippon Rare Metal Selenium Product Offerings
- 7.12.5 Nippon Rare Metal Recent Development
- 7.13 KGHM Corporate
- 7.13.1 KGHM Corporate Company Information
- 7.13.2 KGHM Corporate Introduction and Business Overview
- 7.13.3 KGHM Corporate Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 KGHM Corporate Selenium Product Offerings
- 7.13.5 KGHM Corporate Recent Development
- 7.14 Retorte GmbH
- 7.14.1 Retorte GmbH Company Information
- 7.14.2 Retorte GmbH Introduction and Business Overview
- 7.14.3 Retorte GmbH Selenium Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Retorte GmbH Selenium Product Offerings
- 7.14.5 Retorte GmbH Recent Development
8 Industry Chain Analysis
- 8.1 Selenium Industrial Chain
- 8.2 Selenium Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Selenium Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Selenium Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer