Dublin, Dec. 30, 2024 (GLOBE NEWSWIRE) -- The "Iodine Market by Source, Form, Application, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.
The global iodine market size reached US$ 997.9 million in 2023. Looking forward, the market is forecast to reach US$ 1.51 billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2023-2032.
This report provides an analysis of the key trends in each sub-segment of the global iodine market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on source, form and application.
There is presently a rise in the number of people suffering from I2 deficiency disorders, which include mental retardation, hypothyroidism, goiter, cretinism, and varying degrees of other growth and developmental abnormalities. As a result, international health organizations are mandating the use of all food-grade salt in households and food processing units for preventing and controlling I2 deficiency disorders around the world. This, in confluence with the thriving pharmaceutical industry, is bolstering the growth of the market.
Moreover, I2 is employed as a disinfectant for cleaning surfaces and storage containers, skin soaps and bandages, and purifying water. It also plays a crucial role as a reagent in analytical chemistry and a catalyst in the alkylation and condensation of aromatic amines and sulfation and sulfonations.
Apart from this, I2 is used in the manufacturing of organic and inorganic chemicals, radiopaque contrast agents, animal feed supplements, stabilizers, inks, colorants, photographic chemicals, and synthetic rubber. This, coupled with the rising demand for I2 in X-radiation imaging modalities, such as computed tomography (CT), is strengthening the growth of the market.
Other factors, such as the increasing health consciousness among individuals and significant growth in the healthcare industry, are positively influencing the overall sales and profitability.
Key Questions Answered in This Report:
1. What was the size of the global iodine market in 2023?
2. What is the expected growth rate of the global iodine market during 2024-2032?
3. What are the key factors driving the global iodine market?
4. What has been the impact of COVID-19 on the global iodine market?
5. What is the breakup of the global iodine market based on the source?
6. What is the breakup of the global iodine market based on the form?
7. What is the breakup of the global iodine market based on the application?
8. What are the key regions in the global iodine market?
9. Who are the key players/companies in the global iodine market?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 147 |
| Forecast Period | 2023-2032 |
| Estimated Market Value (USD) in 2023 | $997.9 Million |
| Forecasted Market Value (USD) by 2032 | $1,517.9 Million |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Key Topics Covered
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Iodine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Underground Brine
6.2 Caliche Ore
6.3 Recycling
6.4 Seaweeds
7 Market Breakup by Form
7.1 Inorganic Salts and Complexes
7.2 Organic Compounds
7.3 Elementals and Isotopes
8 Market Breakup by Application
8.1 Animal Feed
8.2 X-Ray Contrast Media
8.3 Biocides
8.4 Optical Polarizing Films
8.5 Fluorochemicals
8.6 Nylon
8.7 Others
9 Market Breakup by Region
9.1 North America
9.2 Asia-Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porter's Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Algorta Norte SA
14.3.2 Calibre Chemicals Pvt. Ltd.
14.3.3 Deepwater Chemicals Inc. (Toyota Tsusho Corporation)
14.3.4 Eskay Iodine Pvt. Ltd.
14.3.5 GODO SHIGEN Co. Ltd.
14.3.6 Iochem Corporation
14.3.7 Iofina plc
14.3.8 Ise Chemicals Corporation (AGC Inc.)
14.3.9 Nippoh Chemicals Co. Ltd.
14.3.10 Protochem Industries Pvt. Ltd.
14.3.11 Salvi Chemical Industries Ltd.
14.3.12 Sociedad Quimica y Minera de Chile SA
For more information about this report visit https://www.researchandmarkets.com/r/ywdzr0
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