Global Iodine Market
Added: (Mon Jun 10 2019)
Pressbox (Press Release) -
Global Iodine Market is expected to reach USD 1083.19 Million by 2024 from USD 790.65 Million in 2016 at a CAGR of 4.6 %.
Some vital factors driving the global iodine market are increasing use of iodine as X-ray contrast media and LED/LCD polarizing films as well as government initiatives to increase the use of iodine in human nutrition and animal feed additives.Iodine market is used widespread application in human nutrition, biocides, and industrial applications. Healthcare sector growth is propelling the demand of iodine.
Caliche ore is the largest source of iodine. Caliche ores are the largest commercially exploited source of natural nitrates and iodine, extraction of iodine from caliche is economically feasible and effective compared to other sources.
Organic compounds is the largest segment of the market. This is due to they are widely use as insecticides and as soil antiseptics in agrochemical industry.
X-ray contrast media is expected to hold largest shares of the market. Improvements in medical technologies and the growth in nuclear medicinal techniques is expected to boost the demand for iodine in this application.
Geographically, the Iodine market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Europe holds largest for iodine during the forecast period. The growth of this region is attributed to the rising awareness regarding iodine deficiency, the increasing expenses by the government in healthcare and growing number of cancer patients in this region.
Scope of the Report:
Iodine Market, By Source:
Caliche Ore
Recycling
Underground Brines
Seaweeds
Iodine Market, By Form:
Organic Compounds
Elemental & Isotopes
Inorganic Salts & Complexes
Iodine Market, By Application:
X-Ray Contrast Media
Optical Polarizing Films
Pharmaceuticals
Catalyst in Polymer Processing
Fluorochemicals
Animal Feed
Iodophors
Biocides
Human Nutrition
Others
Iodine Market, By Geography:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Key Players analysed in the Report;
SQM
ISE Chemicals Corporation
Iofina PLC
Iochem Corporation
Cosayach Compaρνa De Salitre Y Yodo
Algorta Norte Sa
Nippoh Chemicals Co., Ltd.
Toho Earthtech Co., Ltd.
Kanto Natural Gas Development Co., Ltd.
Godo Shigen Co., Ltd.
Eskay Iodine Pvt. Ltd.
Nihon Tennen Gas Co.
ACF Minera
Deepwater Chemicals, Inc.
Calibre Chemical Pvt. Ltd.
For more information visit: https://www.maximizemarketresearch.com/market-report/global-iodine-market/6453/
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