Iodine is a halogen element in group seven of the periodic table, with atomic number 53. It is blue-black in color and has shiny luster. Iodine and its derivatives are widely used as an intermediate in industrial chemicals and for human nutrition. The element is sourced from water bodies such as oceans and water pools as well as from seaweed. Iodine deficiency in humans results in various health-related issues such as goiter, mental retardation, heart diseases, and eyesight problems.
Market Data Analysis:
The Iodine market is projected to be valued at USD 1,004 million in 2019 and is anticipated to generate revenue of USD 1,396 million by the end of 2026, progressing at a GAGR of 4.82% between 2019 and 2026.
Iodine global market is significantly rising across the globe on the back of the growing iodine deficiency among people in developing countries and the increasingly versatile applications of iodine derivatives. Moreover, the technology advancement in the extraction process of iodine and government initiatives to increase the use of iodine in human nutrition and animal feed additives are also projected to propel the growth of the market. On the contrary, the Iodine market can be obstructed due to the fluctuating material prices and the potential of toxicity of iodine.
Europe was the major revenue generating region in 2018 with a share of 31.54% and is expected to garner growth in the coming years. Increase in the consumption of iodine in X-ray contrast media on account of the increasing number of cancer patients in France and constantly investing of the German government in the healthcare sector will propel the growth of the market in Europe.
North America is the second largest market at a share of 29.61 and is expected to garner growth in the upcoming years, owing to the developing food industry. Asia-Pacific accounted for a share of 27.66% in 2018 and is anticipated to witness the fast growth rate during the forecast period. The rising number of iodine deficient patients in this region will increase the demand for iodine, which fuels the growth of the market in Asia-Pacific.
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Market Classification:
Global Iodine market: Type segments
l Natural Brines
l Nitrite Ores
l Others (Seaweed)
Global Iodine market: Application segments
l X-Ray Contrast Media
l Catalysts
l Biocides
l LED/LCD Polarizing Films
l Feed Additives
l Human Nutrition
l Others
Global Iodine market: regional segments
l North America (United States, Canada, and Mexico)
l Europe (Germany, France, UK, Russia, and Italy)
l Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
l South America (Brazil, Argentina, Columbia)
l The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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To gain insight into the competitive landscape, the report includes an overview of key players in the Iodine market, including ACF Minera, Algorta Norte Sa, Calibre Chemical Pvt. Ltd., Choice Organochem LLP, Cosayach Compaa De Salitre Y Yodo., Deepwater Chemicals, Inc, Eskay Iodine Pvt. Ltd., Glide Chem Pvt. Ltd., Godo Shigen Co.,Ltd, ISE Chemicals Corporation, ISR Holding, Iochem Corporation, Iofina PLC, Itochu Chemical Frontier Corporation, JSC Isotope, Kanto Natural Gas Development Co., Ltd., Nihon Tennen Gas Co., Nippoh Chemicals Co., Ltd., Parad Corporation Pvt. Ltd., Qingdao Bright Moon Seaweed Group Co., Ltd., RB Energy Inc, SQM, Samrat Pharmachem Ltd., Toho Earthtech Co., Ltd., Zen Chemicals Pvt. Ltd, etc. These participants have adopted various growth strategies to meet the growing demand for Iodine market and to increase their market share.
Iodine Market Intended Audience:
l Iodine manufacturers
l Iodine importers and exporters
l Iodine traders, distributors, and suppliers
l Raw material suppliers of Iodine
l Iodine industry associations
l Product managers, Iodine industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Healthcare organizations
l Research & Clinical Laboratories
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Iodine Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Iodine Market by Types
4 Segmentation of Iodine Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Iodine Market in Major Countries
7 North America Iodine Landscape Analysis
8 Europe Iodine Landscape Analysis
9 Asia Pacific Iodine Landscape Analysis
10 Latin America, Middle East & Africa Iodine Landscape Analysis
11 Major Players Profile
11.1 ACF Minera
11.1.1 ACF Minera Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Algorta Norte Sa
11.3 Calibre Chemical Pvt. Ltd.
11.4 Choice Organochem LLP
11.5 Cosayach Compaa De Salitre Y Yodo.
11.6 Deepwater Chemicals, Inc
11.7 Eskay Iodine Pvt. Ltd.
11.8 Glide Chem Pvt. Ltd.
11.9 Godo Shigen Co., Ltd
11.10 ISE Chemicals Corporation
11.11 ISR Holding
11.12 Iochem Corporation
11.13 Iofina PLC
11.14 Itochu Chemical Frontier Corporation
11.15 JSC Isotope
11.16 Kanto Natural Gas Development Co., Ltd.
11.17 Nihon Tennen Gas Co.
11.18 Nippoh Chemicals Co., Ltd.
11.19 Parad Corporation Pvt. Ltd.
11.20 Qingdao Bright Moon Seaweed Group Co., Ltd.
…
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