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Colloidal Selenium Nanoparticles Market Size

  • Report ID: GMI4492
  • Published Date: Jan 2020
  • Report Format: PDF

Colloidal Selenium Nanoparticles Market Size

Global Colloidal Selenium Nanoparticles Market size was valued at over $55 million in 2018 and is estimated to exhibit growth with over 30% CAGR from 2019 to 2026. This can be attributed to the rising product usage as anticancer drug delivery carrier and nutrition supplement.

 

Colloidal selenium nanoparticles (colloidal SeNP) are dispersed nanoparticles, generally containing more than 99% of pure selenium within an aqueous solution. These nanoparticles possess excellent therapeutic and anticancer properties, which is the key reason behind their wide usage in the medical and healthcare industry.

 

Colloidal Selenium Nanoparticles Market

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Apart from these, many researchers are conducting experiments for identifying potential applications of the product in other sectors as well. For instance, in February 2016, Brown University filed a patent that demonstrated the usage of SeNP for limiting the growth of pathogens in various applications of textiles, woven & non-woven fabrics, medical implant, etc.
 

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Overall colloidal selenium nanoparticles market would be pegged at a valuation of $475 Million in 2026.

As per estimates, colloidal selenium nanoparticles industry would account a crcr of 31.4% through 2026.

According to the report published by Global Market Insights Inc., the colloidal SeNP business is expected to hit $479.6 million (USD) by 2026.

Growing R&D projects for potential usage of colloidal selenium in the medical industry, advantages of selenium nanoparticles as a catalyst, increasing consumer spending on packaged foods, and rising health awareness pertaining to food borne diseases are the key factors expected to drive the growth of global market.

Nanoshel, Nanografi Nano Technology, MKnano, Nano Research Elements, SkySpring Nanomaterials, American Elements, Nanocs, Land Green & Technology, Amnium Technologies Private Limited are the top contributors in the industry.

Based on application, the medical segment held highest share in 2018 and is anticipated to remain dominant during the forecast period.

Colloidal Selenium Nanoparticles Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 9
  • Tables & Figures: 446
  • Countries covered: 18
  • Pages: 271
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