Data Bridge Market Research has recently added a concise research on Global Iodine Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are Salvi Chemical Industries Ltd., calibrechem, Protochem, Deepwater Chemicals. NIPPOH CHEMICALS CO., LTD, Prachi Pharmaceuticals Private Limited., among others,
Iodine is a halogen element with atomic number for the element 53 in the periodic table. It is a sheen blue-black coloured compound. Iodine and its derivatives are derived from ocean, water pools, seaweed, and are widely used as an intermediate in industrial chemicals and for human nutrition. Iodine deficiency causes various health-related issues such as goitre, mental retardation, heart diseases, and eyesight problems. Mostly iodine is used in mechanical cleansing solution, peritoneal dialysis, oral rehydration solution and others. There are various applications of iodine as catalysts in x-ray contrast media, catalysts, biocides and others.
Analysis of Global Iodine Market report:
Global iodine market is expected to reach USD 1021.3 million by 2025, from USD 812.6 million in 2017, growing at a CAGR of 4.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Drivers and Restraints:
- Rapid increasing demand in catalysts sector.
- Growing number in use of biocides
- Growing number of iodine deficiency among people in developing countries
- Increased in versatile applications of iodine derivatives.
- Toxicity associated with consumption of iodine and its derivatives
Top Manufacturers Profiles Operating in the Global Iodine Market:
Some of the major players operating in the global iodine market are Iofina, ISE CHEMICALS SQM, iochem, WengFu Group, Toho Earthtech, Bloomberg L.P. Algorta Norte S.A, IOCHEM, GODO SHIGEN Co, Algorta Norte S.A, Salvi Chemical Industries Ltd., calibrechem, Protochem, Deepwater Chemicals. NIPPOH CHEMICALS CO., LTD, Prachi Pharmaceuticals Private Limited., among others,
Global Iodine Market Segmentation:
The global iodine market is segmented based on application, form and geographical segments.
- Based on application, the global iodine market is segmented into x-ray contrast media, catalysts, biocides, led polarizing films, feed additives, human nutrition, and others.
- On the basis of form, the global iodine market is segmented into organic compounds, inorganic salts & complexes, elemental & isotopes, and others.
- Based on geography, the global iodine market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
The global iodine market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of iodine market for global, Europe, North America, Asia Pacific and South America.
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