The 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.
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Global Iodine Market, By Applications (X-Ray Contrast Media, Catalysts, Biocides, LED/LCD Polarizing Films, Feed Additives, Human Nutrition, Other), By Form (Organic Compounds, Inorganic Salts & Complexes, Elemental & Isotopes) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Complete report on Global Iodine Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Iodine Market
This market report defines the market trends and forecast the upcoming opportunities and threats of the iodine market in the next 8 years. 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.
According to the article published by WHO, iodine is an essential micro nutrient for the development of human growth, 54 countries in the world are suffering from iodine deficiency. Countries facing iodine deficiency will drive the demand of iodine worldwide.
According to the article published by American Chemical Society, Catalysts are responsible for approximately USD 3.5 trillion in goods and services of the global gross domestic product annually. Growing use of catalysts in the recent year will significantly affect the growth of the iodine markets.
Key Questions Answered in Global Iodine Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Iodine Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Iodine Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Iodine Market?
• Who are Opportunities, Risk and Driving Force of Global Iodine Market?
• Who are the opportunities and threats faced by the vendors in Global Iodine Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Iodine Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- ISE CHEMICALS SQM
- WengFu Group
- Toho Earthtech
- Bloomberg L.P.
- Algorta Norte S.A
- GODO SHIGEN Co
- Algorta Norte S.A
- Salvi Chemical Industries Ltd.
- Deepwater Chemicals.
- NIPPOH CHEMICALS CO., LTD
- Prachi Pharmaceuticals Private Limited.
- among others,
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
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Global Iodine Market is segmented on the basis of
Market Segmentations in Details:
On the basis of 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.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
Company Share Analysis: Global Iodine Market
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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