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Report
Iodine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 144 Pages I IMARC Group
The global iodine market size reached US$ 947.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,309.0 Million by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
Iodine (I2) is a trace element naturally found in dairy products, seafood, seaweed, eggs, and vegetables. It is widely utilized for making the thyroid hormones thyroxine (T4) and triiodothyronine (T3) as it assists in regulating the metabolism and increasing the production of proteins. Besides this, as it also aids in treating mammary dysplasia and fibrocystic breast disease, the consumption of I2-rich food products is escalating across the globe.
Iodine Market Trends:
There is presently a rise in the number of people suffering from I2 deficiency disorders, which include mental retardation, hypothyroidism, goiter, cretinism, and varying degrees of other growth and developmental abnormalities. As a result, international health organizations are mandating the use of all food-grade salt in households and food processing units for preventing and controlling I2 deficiency disorders around the world. This, in confluence with the thriving pharmaceutical industry, is bolstering the growth of the market. Moreover, I2 is employed as a disinfectant for cleaning surfaces and storage containers, skin soaps and bandages, and purifying water. It also plays a crucial role as a reagent in analytical chemistry and a catalyst in the alkylation and condensation of aromatic amines and sulfation and sulfonations. Apart from this, I2 is used in the manufacturing of organic and inorganic chemicals, radiopaque contrast agents, animal feed supplements, stabilizers, inks, colorants, photographic chemicals, and synthetic rubber. This, coupled with the rising demand for I2 in X-radiation imaging modalities, such as computed tomography (CT), is strengthening the growth of the market. Other factors, such as the increasing health consciousness among individuals and significant growth in the healthcare industry, are positively influencing the overall sales and profitability.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global iodine market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on source, form and application.
Breakup by Source:
Underground Brine
Caliche Ore
Recycling
Seaweeds
Breakup by Form:
Inorganic Salts and Complexes
Organic Compounds
Elementals and Isotopes
Breakup by Application:
Animal Feed
X-Ray Contrast Media
Biocides
Optical Polarizing Films
Fluorochemicals
Nylon
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Algorta Norte Sa, Calibre Chemicals Pvt. Ltd., Deepwater Chemicals Inc. (Toyota Tsusho Corporation), Eskay Iodine Pvt. Ltd., GODO SHIGEN Co. Ltd., Iochem Corporation, Iofina plc, Ise Chemicals Corporation (AGC Inc.), Nippoh Chemicals Co. Ltd., Protochem Industries Pvt. Ltd., Salvi Chemical Industries Ltd. and Sociedad Quimica y Minera de Chile S.A.
Key Questions Answered in This Report
1. What was the size of the global iodine market in 2022?
2. What is the expected growth rate of the global iodine market during 2023-2028?
3. What are the key factors driving the global iodine market?
4. What has been the impact of COVID-19 on the global iodine market?
5. What is the breakup of the global iodine market based on the source?
6. What is the breakup of the global iodine market based on the form?
7. What is the breakup of the global iodine market based on the application?
8. What are the key regions in the global iodine market?
9. Who are the key players/companies in the global iodine market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Iodine Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Source
6.1 Underground Brine
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Caliche Ore
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Recycling
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Seaweeds
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Form
7.1 Inorganic Salts and Complexes
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Organic Compounds
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Elementals and Isotopes
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Animal Feed
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 X-Ray Contrast Media
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Biocides
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Optical Polarizing Films
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Fluorochemicals
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Nylon
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Algorta Norte Sa
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Calibre Chemicals Pvt. Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Deepwater Chemicals Inc. (Toyota Tsusho Corporation)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Eskay Iodine Pvt. Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 GODO SHIGEN Co. Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Iochem Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Iofina plc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Ise Chemicals Corporation (AGC Inc.)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.9 Nippoh Chemicals Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Protochem Industries Pvt. Ltd.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Salvi Chemical Industries Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Sociedad Quimica y Minera de Chile S.A.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Figure 1: Global: Iodine Market: Major Drivers and Challenges
Figure 2: Global: Iodine Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Iodine Market: Breakup by Source (in %), 2022
Figure 5: Global: Iodine Market: Breakup by Form (in %), 2022
Figure 6: Global: Iodine Market: Breakup by Application (in %), 2022
Figure 7: Global: Iodine Market: Breakup by Region (in %), 2022
Figure 8: Global: Iodine (Underground Brine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Iodine (Underground Brine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Iodine (Caliche Ore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Iodine (Caliche Ore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Iodine (Recycling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Iodine (Recycling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Iodine (Seaweeds) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Iodine (Seaweeds) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Iodine (Inorganic Salts and Complexes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Iodine (Inorganic Salts and Complexes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Iodine (Organic Compounds) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Iodine (Organic Compounds) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Iodine (Elementals and Isotopes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Iodine (Elementals and Isotopes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Iodine (Animal Feed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Iodine (Animal Feed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Iodine (X-Ray Contrast Media) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Iodine (X-Ray Contrast Media) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Iodine (Biocides) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Iodine (Biocides) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Iodine (Optical Polarizing Films) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Iodine (Optical Polarizing Films) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Iodine (Fluorochemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Iodine (Fluorochemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Iodine (Nylon) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Iodine (Nylon) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Iodine (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Iodine (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Iodine Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Iodine Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Iodine Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Iodine Industry: SWOT Analysis
Figure 86: Global: Iodine Industry: Value Chain Analysis
Figure 87: Global: Iodine Industry: Porter's Five Forces Analysis
Table 1: Global: Iodine Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Iodine Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 3: Global: Iodine Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Iodine Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Iodine Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Iodine Market: Competitive Structure
Table 7: Global: Iodine Market: Key Players
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