Global Iodine
Market Report
2024
The global iodine market size will be USD 796.2 billion in 2024.It will show the strongest growth, with a compound annual growth rate (CAGR) of 4.4%from 2024 to 2031. This growth can be attributed to advances in extraction technologies.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global iodine market size will be USD 796.2 billion in 2024and will expand at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Iodine Market Sales Revenue 2024 | $ 796.2 Billion |
Global Iodine Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.4% |
Market Split by Source |
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Market Split by Form |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Iodine industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Iodine Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Iodine is a chemical element essential for thyroid hormone production, crucial for regulating metabolism and growth. It exists naturally in seawater and soil, and its deficiency can lead to thyroid disorders. Industrially, iodine is used in medical disinfectants and dyes and in the production of LCD screens and pharmaceuticals. Its critical role in various industries such as healthcare, pharmaceuticals, and nutrition; iodine's applications in X-ray contrast media and as a disinfectant; industrial expansion, healthcare advancements, supply constraints and regulatory changes, strong healthcare sector, technological innovations, iodine's diverse industrial applications, and regional demand variations are influencing the iodine market growth.
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According to the data from the Farmindustria-Prometeia 2023 survey, the Italian pharmaceutical industry is the driving force of the country's economy. In 2023, the industry value reached EUR 50 billion (USD 55.3 billion). The Italian pharmaceutical production plays a vital role in Europe's pharmaceutical industry. The sector's output increased by 7.3% in 2023 compared to 2022, according to the Farmindustria-Prometeia 2023 survey.
Top Companies Market Share in Iodine Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerged as the dominant region in the iodine market due toincreasing demand from industries like pharmaceuticals, agriculture, and electronics, Growing health awareness among consumers regarding iodine's essential role in thyroid function, technological advancements in iodine extraction methods, regulatory support for iodine supplementation, fluctuations in raw material availability and environmental regulations.
Asia-Pacific stands out as the fastest-growing region in the iodine market due to the increasing demand from industries like pharmaceuticals, electronics, and healthcare, rising applications in disinfectants and nutritional supplements, technological advancements in iodine extraction and processing, and shifts in consumer preferences towards iodine-enriched products.
The current report Scope analyzes Iodine Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Iodine Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Iodine Industry growth. Iodine market has been segmented with the help of its Source, Form Application, and others. Iodine market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, Caliche ore is the dominant category.It is a key source due to its high iodine content, typically extracted via heap leaching or solvent extraction methods. This process yields iodine products crucial for various industrial applications, including pharmaceuticals, electronics, and chemical synthesis. The market's dynamics are influenced by global demand for iodine derivatives like X-ray contrast media and disinfectants, alongside factors affecting mining operations such as environmental regulations and technological advancements in extraction processes.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Iodine Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Iodine Market.
Some of the key Form of Iodine are:
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Iodine Market is witnessing significant growth in the near future.
In 2023, the Caliche Ore segment accounted for noticeable share of global Iodine Market and is projected to experience significant growth in the near future.
The Organic Compounds segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies SociedadQuímica y Minera (SQM) (Chile) , ISE Chemicals Corporation (Japan) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Source | Caliche Ore, Underground Brines, Recycling, Seaweeds |
Form | Organic Compounds, Inorganic Salts & Complexes, Elemental & Isotopes |
Application | X-Ray Contrast Media, Pharmaceuticals, Optical Polarizing Films, Catalyst in Polymer Processing, Animal Feed, Fluorochemicals, loopholes, Human Nutrition, Biocides, Others |
List of Competitors | SociedadQuímica y Minera (SQM) (Chile), lofina (UK), ISE Chemicals Corporation (Japan), IOCHEM Corporation (US), Compañía de Salitre y Yodo (Chile), Algorta Norte SA (Chile), Nippoh Chemicals Co., Ltd (Japan), Kanto Natural Gas Development Co., Ltd (Japan), Toho Earthtech Co., Ltd (Japan), GodoShigen Co., Ltd (Japan) |
This chapter will help you gain GLOBAL Market Analysis of Iodine. Further deep in this chapter, you will be able to review Global Iodine Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Source Analysis 2019 -2031, will provide market size split by Source. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Source Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Form Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Iodine market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Caliche Ore have a significant impact on Iodine market? |
What are the key factors affecting the Caliche Ore and Underground Brines of Iodine Market? |
What is the CAGR/Growth Rate of Organic Compounds during the forecast period? |
By type, which segment accounted for largest share of the global Iodine Market? |
Which region is expected to dominate the global Iodine Market within the forecast period? |
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