Iodine is an essential element with the Greek symbol I and atomic number E in its periodic table. It is a volatile liquid in solution at normal temperatures and behaves like a noble gas in cases of high pressure. It exists in nature as a non-fluid, semisolid, semi-precious stone at normal temperature which changes into a silvery gray liquid in cases of high temperature, wherein iodine content increases by up to 10%. Iodine has the symbol iodine on its crystal structure and symbol nicotinate on its ionic lattice. Iodine deficiency is indicated by hair loss and skin problems, hypothyroidism and goiter, thyroid nodules, menses, menopause, menstrual disorders, and cramps.
Market Dynamics:
Growing deficiency of iodine among people is a major factor driving growth of the market. According to the National Center for Biotechnology Information, around 2 billion people suffer of iodine deficiency (ID) of which around 50 million present with clinical manifestations. Moreover, rising demand for iodine as a contrast media in X-ray diagnostic test is again fostering growth of the market.
Unfavorable condition arising owing to Covid-19 pandemic is expected to restrict growth of the Iodine market.
Key features of the study:
- This report provides in-depth analysis of the Iodine market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global Iodine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Iofina Chemical, Inc., Sociedad Química y Minera (SQM), IOCHEM Corporation, ISR Holding, Qingdao Bright Moon Seaweed Group Co. Ltd., and Algorta Norte S.A
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global Iodine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Iodine market
Detailed Segmentation:
- Global Iodine Market, By Source:
- Natural Brines
- Nitrite Ores
- Others
- Global Iodine Market, By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Global Iodine Market, By Region:
- North America
- By Source
- Natural Brines
- Nitrite Ores
- Others
- By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Latin America
- By Source
- Natural Brines
- Nitrite Ores
- Others
- By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Europe
- By Source
- Natural Brines
- Nitrite Ores
- Others
- By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Asia-Pacific
- By Source
- Natural Brines
- Nitrite Ores
- Others
- By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Middle East & Africa
- By Source
- Natural Brines
- Nitrite Ores
- Others
- By Application:
- X-Ray Contrast Media
- Catalysts
- Biocides
- LED/ LCD Polarizing Films
- Feed Additives
- Human Nutrition
- Others
- Company Profiles
- Iofina Chemical, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Sociedad Química y Minera (SQM)
- IOCHEM Corporation
- ISR Holding
- Qingdao Bright Moon Seaweed Group Co. Ltd.
- Algorta Norte S.A.
“*” marked represents similar segmentation in other categories in the respective.
Table of Content - Iodine Market
