Sodium selenite appears as a crystalline solid with a white tint. Contact with sodium selenite may irritate mucous membranes, eyes, and skin. It is toxic when ingested, inhaled, or absorbed through the skin. A 2:1 ratio of sodium and selenite ions make up the inorganic sodium salt known as disodium selenite. It serves as a nutritional supplement. It is both an inorganic sodium salt and a selenite salt.
Market Dynamics
Market players are focused on strategies such as distribution agreements, which is expected to drive growth of the global sodium selenite market over the forecast period. For instance, in June 2022, Spectrum Chemical Mfg. Corp., a manufacturer of fine chemicals including sodium selenite, announced a new distribution agreement with ANGUS Chemical Company, a global manufacturer and marketer of specialty ingredients for biotechnology and pharmaceutical applications. With the help of this agreement, Spectrum Chemical will be able to offer a wider range of products to commercial and academic institutions that work with the biopharmaceutical and life sciences industries in the U.S. and Canada for research and development and production scale-up.
Increasing research and development activities related to sodium selenite expected to fuel growth of the global sodium selenite market. For instance, according to an article published in Frontiers in Molecular Neuroscience, 2020, it was found that three months with a supplement of sodium selenate in the drinking water (12 μg/ml) restored not only impaired neurocognitive functions but also rescued long-term depression (LTD), a major form of synaptic plasticity.
Increasing incidence of cancer, is expected to fuel the global sodium selenite market growth over forecast period. For instance, according to Cancer Research U.K, there were 375,400 new cases of cancer in 2016-2018 and 167,142 deaths in 2017-2019 in U.K.
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*Key pointers provided are also applicable to other companies covered in the scope of the report.
*Browse 27 market data tables and 25 figures on “Global Sodium Selenite Market” - Forecast to 2030.
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