Methyl Iodide Market Report 2025 (Global Edition)

Global Methyl Iodide Market Report 2025 Market Size Split by Type Outlook: (99% Methyl Iodide, ＞ 99% Methyl Iodide), by Application Outlook: (Methylation Reagent, Electronics, Other)

Methyl Iodide Market Report Description

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Methyl Iodide Market Insights Video

Competitive Landscape of the Methyl Iodide Market

In the Methyl Iodide Market the landscape is highly competitive and concentrated. Key actors have been developing strategies that include investing in research and development, expanding their market share, and engaging in mergers and acquisitions. Market participants are in competition with one another in terms of product quality, reliability in terms of supply and customer service, and diversity in product portfolio. Additionally, the iodine market is presented with intriguing opportunities as key end users invest in capacity expansion.

In December 2023, Piramal Pharma, an Indian company, has disclosed its intention to allocate approximately INR 1,000 crore (~USD 120.0 million) toward its brownfield expansion initiatives, which are designed to augment medication production across all of its business verticals. (Source: https://www.livemint.com/companies/news/piramal-pharma-to-invest-rs-1-000-cr-for-expansion-nandini-piramal-11702032664528.html) In June 2023, Iofina has inaugurated its sixth iodine extraction facility in Oklahoma, which employs its proprietary production technology. It increased production in the subsequent weeks. (Source: https://iofina.com/news/2023-full-year-results/) In October 2023, Iofina has disclosed its intention to establish its tenth new iodine extraction facility in a new location in Oklahoma. (Source: https://iofina.com/news/io10-iodine-plant-commissioned-2/)

Top Companies Market Share in Methyl Iodide Industry: (In no particular order of Rank)

• Iofina Chemical
• GHW International (Havay)
• Ajay-SQM Group
• Manac
• Nippoh Chemicals
• Godo Shigen
• Infinium Pharmachem
• DYNARX Technology (India)
• Omkar Specialty Chemicals
• Oakwood Products
• American Elements
• Samrat Remedies
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Methyl Iodide Market

Which Region Dominates the Methyl Iodide Market in 2024?

According to Cognitive Market Research, North America currently dominates the Methyl Iodide market, and the region is expected to have significant growth during the projected period. The rising demand for agrochemical goods and medicines is anticipated to propel the expansion of the industrial-grade methyl iodide market.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The increase is attributable to the escalating agricultural endeavors in nations such as China and India. The area is experiencing rapid development, anticipated to enhance the need for methyl iodide in chemical production.

The current report Scope analyzes Methyl Iodide 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Methyl Iodide

According to Cognitive Market Research, the global Methyl Iodide Market size was estimated at USD XX Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Methyl Iodide Market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 2.8% during the forecast period. The U.S. market's pharmaceutical and agrochemical industries.
• The Canada Methyl Iodide Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. Canada’s Methyl Iodide Market is driven by the pharmaceutical industry and sustainable agricultural practices.
• The Mexico Methyl Iodide Market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.

Europe Methyl Iodide

According to Cognitive Market Research, the global Methyl Iodide Market size was estimated at USD XX Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2031.

• The United Kingdom Methyl Iodide Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.1% during the forecast period. In the UK, Methyl Iodide sales witness an upswing due to the robust chemical industry and research and development.
• The France Methyl Iodide Market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German Methyl Iodide Market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. In Germany, Methyl Iodide surged due to the robust chemical industry and green chemistry practices.
• The Italy Methyl Iodide Market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD XX million in 2024.
• The Russia Methyl Iodide Market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD XX million in 2024.
• The Spain Methyl Iodide Market is projected to witness growth at a CAGR of 2.4% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg Methyl Iodide Market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal Methyl Iodide Market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD XX million in 2024.
• The Greece Methyl Iodide Market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Europe's Methyl Iodide Market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Methyl Iodide

According to Cognitive Market Research, the global Methyl Iodide Market size was estimated at USD XX Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

• According to Cognitive Market Research, the China Methyl Iodide Market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. Methyl Iodide surged in China due to rapid industrialization and a rise in foreign investments.
• The Japan Methyl Iodide Market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD XX million in 2024.
• The India Methyl Iodide Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.6% during the forecast period. India's expanding pharmaceutical and agricultural sectors.
• The South Korean Methyl Iodide Market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD XX million in 2024.
• The Australian Methyl Iodide Market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia Methyl Iodide Market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Methyl Iodide Market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD XX million in 2024.

South America Methyl Iodide

According to Cognitive Market Research, the global Methyl Iodide Market size was estimated at USD XX Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Methyl Iodide Market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Methyl Iodide flourished in Brazil due to increasing agricultural sector, which is experiencing a surge in demand for pesticides.
• Argentina's Methyl Iodide Market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.1% during the forecast period. Argentina's rising pharmaceutical industry, which emphasizes the use of high-quality reagents.
• Colombia Methyl Iodide Market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• Peru Methyl Iodide Market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD XX million in 2024.
• Chile Methyl Iodide Market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Latin America's Methyl Iodide Market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD XX million in 2024.

Middle East Methyl Iodide

According to Cognitive Market Research, the global Methyl Iodide Market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031..

• The GCC Countries Methyl Iodide Market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD XX million in 2024. Methyl Iodide sales flourish due to the industrial growth, which is characterized by the expansion of manufacturing sectors.
• The Egypt Methyl Iodide Market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa Methyl Iodide Market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD XX million in 2024. Pharmaceutical production is facilitated by the Methyl Iodide Market, which is driven by healthcare infrastructure.
• The Turkey Methyl Iodide Market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria Methyl Iodide Market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of the MEA Methyl Iodide Market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD XX million in 2024.

Methyl Iodide Market Analysis

How are Segments Performing in the Global Methyl Iodide Market?

Methyl Iodide Market Type Segment Analysis

According to Cognitive Market Research, 99% Methyl Iodide are likely to dominate the Methyl Iodide Market over the forecast period. This is due to the fact that 99% Methyl Iodide is extensively employed in a variety of applications, such as the pharmaceutical industry, organic synthesis, and pesticide production. It is appropriate for these critical applications due to its high purity, which guarantees consistent and dependable results.

The ? 99% Methyl Iodide is the fastest-growing segment in the Methyl Iodide Market. The demand for methyl iodide of a higher purity is on the rise, particularly in industries that necessitate chemical reactions that are both highly precise and of highest quality. The demand for more stringent quality standards and the advancement of advanced chemical processes that require higher purity levels are the primary factors driving the growth of this category.

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 Methyl Iodide Industry. Request a Free Sample PDF!

Methyl Iodide Market Application Segment Analysis

According to Cognitive Market Research, the Methylation Reagent segment holds the largest share of the market. This is due to the extensive use of methylation reagents, such as methyl iodide, in the pharmaceutical and agrochemical industries for the synthesis of a variety of organic compounds. This sector is the most established and largest in the market due to the high demand for these reagents in the production of active pharmaceutical ingredients (APIs) and pesticides.

In the Methyl Iodide Market, the Electronics sector has been expanding at a rapid pace. This expansion is a direct result of the growing demand for high-purity methyl iodide in the manufacture of electronic components and materials. The demand for specialized compounds, such as methyl iodide, has increased significantly in the electronics industry, particularly in regions such as the Asia-Pacific, as it continues to expand. This has resulted in the category becoming the fastest-growing.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

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• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
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Author's Conclusion