Global Iodine Market is expected to reach USD 1083.19 Million by 2026 from USD XX Million in 2019 at a CAGR of XX %.
Some vital factors driving the global iodine market are increasing use of iodine as X-ray contrast media and LED/LCD polarizing films as well as government initiatives to increase the use of iodine in human nutrition and animal feed additives.Iodine market is used widespread application in human nutrition, biocides, and industrial applications. Healthcare sector growth is propelling the demand of iodine.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Iodine Market, By Geography
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Caliche ore is the largest source of iodine. Caliche ores are the largest commercially exploited source of natural nitrates and iodine, extraction of iodine from caliche is economically feasible and effective compared to other sources.
Organic compounds is the largest segment of the market. This is due to they are widely use as insecticides and as soil antiseptics in agrochemical industry.
X-ray contrast media is expected to hold largest shares of the market. Improvements in medical technologies and the growth in nuclear medicinal techniques is expected to boost the demand for iodine in this application.
Geographically, the Iodine market has been segmented into North America, Europe, Asia Pacific, Middle East Africa and Latin America. Europe holds largest for iodine during the forecast period. The growth of this region is attributed to the rising awareness regarding iodine deficiency, the increasing expenses by the government in healthcare and growing number of cancer patients in this region.
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Iodine Market, By Source:
• Caliche Ore
• Recycling
• Underground Brines
• Seaweeds
Iodine Market, By Form:
• Organic Compounds
• Elemental Isotopes
• Inorganic Salts Complexes
Iodine Market, By Application:
• X-Ray Contrast Media
• Optical Polarizing Films
• Pharmaceuticals
• Catalyst in Polymer Processing
• Fluorochemicals
• Animal Feed
• Iodophors
• Biocides
• Human Nutrition
• Others
Iodine Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East Africa
• Latin America
Key Players analysed in Iodine Market
• SQM
• ISE Chemicals Corporation
• Iofina PLC
• Iochem Corporation
• Cosayach Compañía De Salitre Y Yodo
• Algorta Norte Sa
• Nippoh Chemicals Co., Ltd.
• Toho Earthtech Co., Ltd.
• Kanto Natural Gas Development Co., Ltd.
• Godo Shigen Co., Ltd.
• Eskay Iodine Pvt. Ltd.
• Nihon Tennen Gas Co.
• ACF Minera
• Deepwater Chemicals, Inc.
• Calibre Chemical Pvt. Ltd.
• Toyota Tsusho Corporation
• AZER-YOD LLC
• Prachi Pharmaceuticals Private Limited
• Salvi Chemicals Industries Ltd
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