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Apr 12, 2023 (The Expresswire) --Market Overview:
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 industryâIodine 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 industryâIodine 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, itâs used in the synthesis of organic dye material; in the lighting industry, itâs used for the production of making iodine-tungsten lamp, lamp with shade.The global Iodine market was valued at USD 922 million in 2022 and is anticipated to reach USD 1338.1 million by 2029, witnessing a CAGR of 5.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.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.
This Iodine MarketResearch Report provides a complete analysis and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Chemical and Material industry and its business potential. The Iodine Market Report is 99 pages long and includes a detailed table of contents, 138 a list of numbers, tables, and charts, and in-depth analysis.
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Competitive Landscape:
The Key Manufacturers in the Iodine Market are as follows:
● SQM
● Cosayach
● Ise Chemicals
● Algorta Norte S.A.
● Godo Shigen
● Iochem
● Nippoh Chemicals
● RB Energy
● Toho Earthtech
● Iofina
● Wengfu
● Gather Great Ocean
● Xinwang
and More..
To develop brand identity in the market, these key companies use a variety of techniques such as product launch, merger and acquisition, acquisition, joint venture, and partnership.
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Market Segmentation:
Product Type:
● Saltpeter Mineral Iodine
● Underground Brine Iodine
● Seaweed Iodine
Application:
● X-ray Contrast Media
● Pharmaceuticals
● Iodophors and PVP-I
● LCD Screens
● Animal Nutrition
● Others
Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country's market position.
Regionally,
● North America (US, Canada, Mexico)
● Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
● Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
● Latin America (Brazil, Rest of LA)
● Middle East and Africa (Turkey, GCC, Rest of Middle East)
This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.
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The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Iodine market. To Know How Covid-19 Pandemic will Impact this Industry -https://www.precisionreports.co/enquiry/request-covid19/23211034
Table of Contents:
With tables and figures to help analyze the global Iodine market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1 Iodine Market Overview
1.1 Product Scope
1.2 Segment by Type
1.3 Segment by Application
1.4 Market Estimates and Forecasts (2018-2029)
1.4.1 Global Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Price Trends (2018-2029)
2 Iodine Estimates and Forecasts by Region
2.1 Global Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Sales Market Share by Region (2018-2023)
2.2.2 Global Revenue Market Share by Region (2018-2023)
2.3 Global Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts and Figures
2.4.1 United States Estimates and Projections (2018-2029)
2.4.2 Europe Estimates and Projections (2018-2029)
2.4.3 China Estimates and Projections (2018-2029)
2.4.4 Japan Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Estimates and Projections (2018-2029)
2.4.6 India Estimates and Projections (2018-2029)
3 Global Iodine Competition Landscape by Players
3.1 Global Top Players by Sales (2018-2023)
3.2 Global Top Players by Revenue (2018-2023)
3.3 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue)
3.4 Global Average Price by Company (2018-2023)
3.5 Manufacturing Sites, Area Served, Product Type
3.6 Mergers and Acquisitions, Expansion Plans
4 Global Iodine Market Size by Type
4.1 Global Historic Market Review by Type (2018-2023)
4.2 Global Market Estimates and Forecasts by Type (2024-2029)
5 Global Market Size by Application
5.1 Global Historic Market Review by Application (2018-2023)
5.2 Global Market Estimates and Forecasts by Application (2024-2029)
6 United States Market Facts and Figures
6.1 United States Sales by Company
6.2 United States Sales Breakdown by Type
6.3 United States Sales Breakdown by Application
7 Europe Market Facts and Figures
7.1 Europe Sales by Company
7.2 Europe Sales Breakdown by Type
7.3 Europe Sales Breakdown by Application
8 China Market Facts and Figures
8.1 China Sales by Company
8.2 China Sales Breakdown by Type
8.3 China Sales Breakdown by Application
9 Japan Market Facts and Figures
10 Southeast Asia Market Facts and Figures
11 India Market Facts and Figures
12 Company Profiles and Key Figures in Iodine Business
13 Iodine Manufacturing Cost Analysis
13.1 Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis
13.4 Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Distributors List
14.3 Customers
15 Market Dynamics
15.1 Industry Trends
15.2 Market Drivers
15.3 Market Challenges
15.4 Market Restraints
16 Research Findings and Conclusion
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer
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Key Benefits for Stakeholders:
● The report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Iodine market.
● The research study provides the latest information on the market drivers, challenges, and opportunities.
● The research identifies the leading and fastest growing regional industries. It further enables stakeholders to identify the key country-level markets within each region.
● Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Iodine industry and its attractiveness.
● Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market's growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of "Global Iodine Market Research Report 2023" Here.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Emerging Iodine Market Analysis by Region and Iodine Market Size 2023-2030
COMTEX_429074323/2598/2023-04-12T06:32:01
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FAQs
What is the forecast for the iodine market? ›
Iodine Market Analysis
The iodine market is expected to register a CAGR greater than 5% during the forecast period.
In 2021, the market value of iodine amounted to approximately one billion U.S. dollars worldwide, an increase of roughly 12 percent in comparison to the previous year. By 2029, this figure is forecast to grow to around 1.3 billion U.S. dollars.
Who is the biggest manufacturer of iodine? ›Leading iodine producing countries worldwide 2022
Chile is the world's largest elemental iodine producer, with an estimated production volume of some 22,000 metric tons in 2022. The second-largest global producer of iodine is Japan, which consistently produces around 9,000 metric tons of elemental iodine annually.
IochemM is the largest producer of iodine in North America, manufacturing about 1200 metric tons per year in a modern facility. Iochem Corporation maintains a rigorous quality program.
Why are Americans buying iodine? ›It's all about trying to prevent thyroid cancer. “Our body, especially our thyroid gland, is very greedy for iodine,” Vinocur said. It's needed to produce the hormones that regulate the body's energy and metabolism, the American Thyroid Association noted.
What is the status of iodine in the US? ›Urinary iodine measurements from NHANES have been used since 1971 to monitor the iodine status of the U.S. population [32]. Since the inception of the NHANES monitoring program, urinary iodine measurements have shown that the general U.S. population is iodine sufficient.
Is there a shortage of iodine in the world? ›At a global scale, aproximately 2 billion people suffer of iodine deficiency (ID) of which aproximately 50 million present with clinical manifestations. Assesing iodine levels through different methods has proven to have a key role when discussing treatment options.
Where do Americans get most of their iodine? ›Fish (such as cod and tuna), seaweed, shrimp, and other seafood, which are generally rich in iodine. Dairy products (such as milk, yogurt, and cheese) and eggs, which are also good sources of iodine. Iodized salt, which is readily available in the United States and many other countries*
What competes with iodine? ›Chloride is a major component of iodized salt, where it competes with iodide for absorption.
What state produces the most iodine? ›Iodine! Just one more aspect of Oklahoma that makes it unique—the State is the only producer of this essential element in the United States. Oklahoma ranks third in global iodine production behind Chile and Japan.
Why is there a shortage of iodine? ›
The shortage of iodine-based contrast dye was sparked by ongoing COVID-19 lockdowns in Shanghai, China, which have forced GE Healthcare's pharmaceutical manufacturing plant to temporarily close.
Why are European buying iodine? ›Europeans are buying iodine because they think it can protect them from radiation, reports said. Multiple officials said iodine would not help in a nuclear war.
Why is iodine selling out in Europe? ›Europeans are so scared of a nuclear attack they're panic buying iodine tablets. Amid a nightmare scenario of nuclear fallout, some Europeans fearful of an escalation in Russia's war on Ukraine have taken to stocking up on iodine tablets.
Why is iodine so expensive? ›Anxious consumers concerned over nuclear-safety risks arising from Russia's invasion of Ukraine are pushing up prices for iodine and potassium iodide pills. Costs for the tablets — which helps protect the thyroid from radioactive chemicals — have surged in recent weeks after President Vladimir Putin ordered the attack.
What was the problem with iodine? ›Iodine deficiency occurs when your body doesn't get enough iodine. Symptoms include an enlarged thyroid and hypothyroidism. It's caused by a lack of iodine in your diet. Treatment involves iodine supplements and sometimes thyroid hormone supplements.
What is the best iodine for nuclear war? ›Potassium iodide, or KI, offers specific protection against one kind exposure. It prevents the thyroid — a hormone-producing gland in the neck — from picking up radioactive iodine, which can be released into the atmosphere in a nuclear accident.
Is there a shortage of iodine? ›During a recent visit by IGN Regional Coordinator Rodrigo Moreno-Reyes, the principal iodine producers there explained that the current global iodine shortage was due to increased demand.
What is the outlook for the starch market? ›...
Food Starch Market Outlook (2022-2032)
| Attributes | Key Statistics |
|---|---|
| Collective Value Share: Top 3 Countries | 35% |