Monday, July 13, 2020

The Corrosion Resistive Properties of Selenium to Drive Selenium Market over Forecast Period: Ken Research

Selenium is a tremendous nutrient which is significant to human health. Selenium are often obtained from over daily diet, it plays a crucial role in physical body function. Selenium is merely needed within the bit but works majorly within the bodily process like metabolism and thyroid function. Selenium takes part in antioxidant activity that guards against inflammation and radical damage to the body. Generally, selenium is presumably to be found in animal food products and whole grains, instead of vegetables and fresh fruit. A number of the sources of selenium are Brazil nuts, tuna, halibut, rice, eggs, sunflower seeds, cod, and bread.

According to study, “Selenium Mining Global Market Report 2019” the key companies operating in the global selenium mining market are American Elements, JX Nippon Mining & Metals Corporation, Able Target Limited,  Salvi Chemical Industries Ltd.,  Umicore, Aurubis AG, Shinko Chemical Co., Ltd., Maruti Chemicals, Behn Meyer Group. The major vendors of the selenium market compete on the basis of operation cost, price, economies of scale, product quality, and innovation.

Based on type, selenium mining market is segmented into organic selenium and inorganic selenium. In addition, based on end-use, market is segmented into agriculture, chemical industry, animal feed industry, dietary supplements and others

Mining and processing of metallic ore deposits includes the release of selenium in environment by a waste rock disposal and tailings produced at the mining site. In metallic ore deposits, selenium is associated with use of sulfur-containing ores, such as pyrite, sphalerite, chalcopyrite, and other sulfides. These sulfide-containing ores are the most prevalent in mining of metals, such as copper, silver, lead, zinc, and uranium. The Ore processing further involves new methods associated to froth flotation and leaching further involving the chemical treatment associated to slurry resulting in the dissolution of selenium in water. This dissolved selenium, is then discharged by a tailings or the wastewater streams, increasing the chances of bioaccumulation for the aquatic life. Therfore proper measures, such as controlling oxidation of selenium and the continuous monitoring of selenium content while discharging streams, must be well taken care by waste management systems thus ensuring the minimal discharge of selenium over the ecosystem

The selenium mining market is driven by rise in demand for selenium in metallurgy, followed by increase in demand from various end-user industries. Metallurgical selenium is progressively used as an additive to cast iron, copper, lead, and steel alloys. This further helps in ornamental the metal’s machinability and casting and forming the desired properties. The addition selenium to magnesium-manganese alloys also improves corrosion resistance properties and adding selenium to the stainless steel results in an easy handling and making it more resistant to the atmospheric corrosion and disinfecting the overall solutions. Owing to such benefits, the demand of selenium will increase over the forecast period

Based on geography, the Eastern Europe holds major share in selenium mining market owing to rise in demand for mining in the region. Whereas, the Asian-Pacific and North-American regions are estimate to exhibit substantial growth rate due to rise in usage of selenium in antibacterial coatings over the forecast period.

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