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According to our (Global Info Research) latest study, the global Iodine market size was valued at USD 948.7 million in 2023 and is forecast to a readjusted size of USD 1349.9 million by 2030 with a CAGR of 5.2% during review period.
Iodine is, as a commercial product, solid and heavy like metal and has black-purple luster. It easily sublimates at the room temperature and has a peculiar odor. Iodine is widely used in food, medicine, industry, agriculture, national defense, and many other cutting-edge technology industries. In food industry-Iodine is used in the synthesis of sodium iodide, potassium iodate and other food additives, potassium iodate is widely used in iodized salt for eliminating of iodine deficiency disorders. In pharmaceutical industryIodine is used for making the iodine preparation, the bactericide, the disinfectant, the deodorant, the analgesic, etc. such as tincture of iodine and used in the synthesis of potassium iodide, sodium iodide, iodine solution, iodinated oil; in addition, it has a special resistance to radioactive elements, synthesis of iodized oil can be used in X optical contrast agent. In other industry--In chemistry, metallurgy industry, iodine and iodide are good catalyzer in many chemical reaction; in agricultural industry iodine is one of the important raw materials to make pesticides and used as fungicides, such as 4-4-IODOPHENOXYACETIC acid; in the dye industry, it's used in the synthesis of organic dye material; in the lighting industry, it's used for the production of making iodine-tungsten lamp, lamp with shade.
Global Iodine key players include SQM, Cosayach, Ise Chemicals, etc. Global top three manufacturers hold a share about 55%.
Europe is the largest market, with a share over 35%, followed by Europe and Asia-Pacific, have a share over 50 percent.
In terms of product, Underground Brine Iodine is the largest segment, with a share over 60%. And in terms of application, the largest application is X-ray Contrast Media, followed by Pharmaceuticals, Iodophors and PVP-I, LCD Screens, Animal Nutrition, ect.
The Global Info Research report includes an overview of the development of the Iodine industry chain, the market status of X-ray Contrast Media (Saltpeter Mineral Iodine, Underground Brine Iodine), Pharmaceuticals (Saltpeter Mineral Iodine, Underground Brine Iodine), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Iodine.
Regionally, the report analyzes the Iodine markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Iodine market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Iodine market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Iodine industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Saltpeter Mineral Iodine, Underground Brine Iodine).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Iodine market.
Regional Analysis: The report involves examining the Iodine market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Iodine market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Iodine:
Company Analysis: Report covers individual Iodine manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Iodine This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (X-ray Contrast Media, Pharmaceuticals).
Technology Analysis: Report covers specific technologies relevant to Iodine. It assesses the current state, advancements, and potential future developments in Iodine areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Iodine market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Iodine market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Saltpeter Mineral Iodine
- Underground Brine Iodine
- Seaweed Iodine
Market segment by Application
- X-ray Contrast Media
- Pharmaceuticals
- Iodophors and PVP-I
- LCD Screens
- Animal Nutrition
- Others
Major players covered
- SQM
- Cosayach
- Ise Chemicals
- Algorta Norte S.A.
- Godo Shigen
- Iochem
- Nippoh Chemicals
- RB Energy
- Toho Earthtech
- Iofina
- Wengfu
- Gather Great Ocean
- Xinwang
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Iodine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Iodine, with price, sales, revenue and global market share of Iodine from 2019 to 2024.
Chapter 3, the Iodine competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Iodine breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Iodine market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Iodine.
Chapter 14 and 15, to describe Iodine sales channel, distributors, customers, research findings and conclusion.