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Iodine Market Segmentation by Product Types and Application with Forecast to 2023


Global Iodine Market: Information by Type (Natural Brines, Nitrite Ores, Others), Application (LCD Polarizing Films, Biocides, X-ray Contrast Media, Others), and Region - Forecast Till 2023 – PowerPoint PPT presentation

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Title: Iodine Market Segmentation by Product Types and Application with Forecast to 2023

Iodine Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Iodine Market Research Report- Forecast to 2023
Iodine Market - Overview
Components, with multiple benefits, are rarely
widely available. Iodine contradicts the notion
with its widespread usage across industrial
verticals, and it is readily available with a
cost-efficient tag on it. The Global Iodine
Market can escalate to a valuation of USD 1,073.7
million by 2023, growing at a high CAGR during
the forecast period (2018-2023). Iodine s
proliferation in sectors from nutrition to
healthcare and even in imaging technology has
already given it a vast horizon to explore its
market potential. An essential nutritional
component, iodine works in X-ray contrast media
as a tracer radioactive and as an anti-thyroid
element in pharmaceuticals. Iodine s percolation
in imaging technology has elaborated the scope of
Iodine Market further with each passing day
experiencing a rise in LCD screen consumption.
What can further cement the iodine market growth
is its monopoly without an appropriate
substitute, iodine can command the market
significantly in the near future. The Iodine
Market can, on the other hand, can backtrack a
little in its growth trajectory due to its
toxicity caused by over-consumption of the
product. It can lead to hyperthyroidism and
restrain the expected market growth during the
review period.
Iodine Market Research Report- Forecast to 2023
Segmental Analysis
Based on Type, the Iodine Market can be
segmented into natural brine, nitrite ore, and
others. Natural brine is expected to lead the
market with substantial revenue. It has 72.10 of
the market under its dominance and can scale
valuation of USD 784.6 million during the
forecast period with a moderate growth rate of
5.10. Application-wise Segmentation of the
Iodine Market includes X-ray contrast media,
biocides, pharmaceuticals, animal nutrition,
human nutrition, catalysts, fluorochemicals, LCD
polarizing films, and others. X-ray contrast
media is by far the largest segment with 22.3 of
the market share in its name. A CAGR of 6.12
seems to be easily scalable and with this sort of
a momentum USD 259.88 million valuation can be
achieved without difficulty during the review
period. View Full Press Release _at_
Iodine Market Research Report- Forecast to 2023
Regional Outlook
Geographical mapping of the Iodine Market covers
namely North America, Europe, Asia Pacific
(APAC), Latin America (LATAM), and the Middle
East Africa (MEA). Europe is the current
market leader with a projected value of USD 335.4
million by 2023. Presence of several
pharmaceuticals, along with extraordinary
infrastructure, has given the region a headstart
in capturing the market. North America has
similar reasons to boast off, and its
contribution is quite substantial. The estimated
market value of the region will be USD 214.1
million during the forecast period. However, it s
the emerging economies such as India and China
that are boosting the regional market and taking
the APAC to a new height. Industrial revamping
and revolutionary changes made in the healthcare
sector is giving the region enough reason to
enjoy the fastest CAGR of 6.07 during the time
frame. The market valuation could easily climb up
to USD 311.2 million during the review period.
Iodine Market Research Report- Forecast to 2023
Major Players in this Research
  • Iodine Market Prominent Players
  • Iofina (U.S.)
  • Cosayach (Chile)
  • Deepwater Chemicals (U.S.)
  • Calibre Chemicals Pvt. Ltd. (India)
  • Glide Chem Pvt. Ltd. (India)
  • Independent Iodine (Belgium)
  • Zen Chemicals (India)
  • Iochem Chemicals Corporation (U.S.)
  • JSC Isotope (Russia)
  • ISR Holding (Azerbaijan)
  • GODO Shigen Co. Ltd. (Japan)
  • Eskay Iodine Private Limited (India)

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