Iodine Market

The report "Iodine Market by Source (Caliche Ore, Underground Brines), Form(organic compounds, Inorganic Salts, Elemental & Isotopes), Application(X-ray contrast media, Pharmaceuticals, Optical Polarizing Films), and Region - Global Forecast to 2022", The global iodine market is estimated at USD 832.1 Million in 2017 and is projected to reach USD 1,041.0 Million by 2022, at a CAGR of 4.58% between 2017 and 2022. The market is witnessing growth due to the increasing use of iodine in optical polarizing films in LCD applications. Growing deficiency of iodine in developing countries and use in applications such as X-ray contrast media, fluorinated derivatives, and photography are some of the factors driving the market for iodine.

Browse 109 tables and 50 figures spread through 147 pages and in-depth TOC on "Iodine Market by Source (Caliche Ore, Underground Brines), Form(organic compounds, Inorganic Salts, Elemental & Isotopes), Application(X-ray contrast media, Pharmaceuticals, Optical Polarizing Films), and Region - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/iodine-market-65097087.html
Early buyers will receive 10% customization on reports.

“Caliche ore: The largest source of iodine”

Caliche ore was the largest source for iodine extraction in 2016. The large share of caliche ore is because mining of iodine from caliche ore is less cumbersome and less capital intensive in comparison to its extraction from underground brines and seaweeds. Furthermore, the iodine mined from caliche ore contains more concentration (ppm) of iodine as compared to other extraction sources.

“Organic Compounds: The largest form segment of the iodine market”

Organic compounds was the largest segment of the iodine market, by form in 2016. The large market share of organic compounds is due to their extensive use in pharmaceutical formulations, as additives in animal feed, and as pesticides and soil fumigants for agricultural purposes. They are also used as catalyst for many chemical syntheses. Thus, the above factors are responsible for making organic compounds the largest market for iodine, by form globally.

“X-ray contrast media: The largest application of iodine”

X-ray contrast media was the largest segment of the iodine market, by application in 2016. The high consumption of iodine in X-ray contrast media is attributed to the rising aging population and their susceptibility to various diseases which is expected to increase the use of X-ray contrast media in diagnostic imaging, thereby, driving the market for iodine in this application.

“Western Europe: The largest iodine market, by region”

The Western European region was the largest market for iodine, in terms of value and volume, in 2016. The high consumption of iodine in the region is attributed to the increasing demand from the healthcare and chemical industries. Growing investments in medical research, advancements in diagnostic imaging techniques, strong healthcare infrastructure with significant number of CT and MRI examinations, and growing iodine deficiency in Rest of the Western European counties are some of the factors responsible for the large market size of iodine in Western Europe.

Iodine manufacturers such as Sociedad Química y Minera (SQM) (Chile), Iofina (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), and Godo Shigen Co., Ltd (Japan) are covered in the report.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]