Report overview
The global Iodine market was valued at 1170.42 Million USD in 2021 and will grow with a CAGR of 5.3% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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 industry?Iodine 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.Leading players in the sector are SQM, Cosayach and Ise Chemicals, with 31.38%, 14.98% and 11.52% of 2019 revenues respectively. By region, Europe has the highest share of income, reaching 36.87 percent in 2019.
By Market Verdors:
SQM
Cosayach
Ise Chemicals
Algorta Norte S.A.
Godo Shigen
Iochem
Nippoh Chemicals
RB Energy
Toho Earthtech
Iofina
Wengfu
Gather Great Ocean
Xinwang
By Types:
Saltpeter Mineral Iodine
Underground Brine Iodine
Seaweed Iodine
By Applications:
X-ray Contrast Media
Pharmaceuticals
Iodophors and PVP-I
LCD Screens
Animal Nutrition
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
