Iodine Market Overview

The report is titled ‘Iodine Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the iodine market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The iodine market is expected to grow at a significant rate in the near future.

The global iodine market in 2020 is estimated for more than US$ 1,327.7 Mn and expected to reach a value of US$ 1,917.1 Mn by 2028 with a significant CAGR of 4.7%.

Iodine Market Definition

Iodine is known to be the heaviest essential mineral nutrient, which is very important for the synthesis of thyroid hormones. As its deficiency is capable of causing intellectual disabilities along with goiter. Iodine possesses a specific nature that eases its attachment to organic compounds; because of which its uptake by the human body is able to treat thyroid cancer. It is also used as a catalyst, in a number of industries, for the production of acetic acid and some polymers. It is also essential and beneficial for heart patients and for people suffering from low eyesight problems.

Iodine Market Dynamics

The increasing production of Iodine in the Asia Pacific region coupled with the increasing awareness about iodine deficiency in children and adults is increasing the growth of this market, globally. The iodine market is also affected by the growing GDP of the countries across the globe, as it is widely being employed in the production of biocides, applications in human nutrition, and other industrial usages.

The global iodine market is expected to increase at a significant CAGR over the forecast period owing to the increasing consumer awareness about healthy mind and body and growing applications of iodine as x-ray contrast media and LED or LCD polarizing films. In addition, supportive government's initiation to educate low class, poor people with the importance of iodine and other essential minerals in the diet is also fuelling the growth of this market.

Iodine Market Key Players

The global iodine market is mainly dominated by Algorta Norte S.A, IOCHEM Corporation, Iofina Chemical Inc., ISR Holding, Quingdao Brightmoon Seaweed Group Co. Ltd., and SQM.

Iodine Market Segmentation

The global iodine market is segmented on the basis of source, application, and region.

On the basis of source, the global iodine market can be segmented into natural brines, nitrite ores, and others. On the basis of application, the global iodine market can be segmented into x-ray contrast media, catalysts, biocides, LED/LCD polarizing films, human nutrition, feed additives, and others.

Iodine Market Regional Overview & Analysis

On the basis of region, the global iodine market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America iodine market is expected to be the most dominating market throughout the forecast period. Availability of key players and increasing healthcare expenditures by the government in the region are some of the revenue-boosting factors.

MMC Overview on Iodine Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Iodine market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Iodine

•    Advantages of Iodine

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make an informed decision.

A mix of top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.

1.    Global Iodine Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Iodine Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Iodine Market Snapshot

2.4.    Global Iodine Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Iodine Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Iodine Market, By Source

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Source

3.1.2.    BPS Analysis, By Source

3.2.    Market Revenue (US$Mn) and Volume (Tons) Forecast, By Source

3.2.1.    Natural Brines

3.2.2.    Nitrite Ores

3.2.3.    Others

3.3.    Global Iodine Market Attractiveness Index, By Source

4.    Global Iodine Market, By Application

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Application

4.1.2.    BPS Analysis, By Application

4.2.    Market Revenue (US$Mn) and Volume (Tons)  Forecast, By Application

4.2.1.    X-Ray Contrast Media

4.2.2.    Catalysts

4.2.3.    Biocides

4.2.4.    LED/LCD Polarizing Films

4.2.5.    Human Nutrition

4.2.6.    Feed Additives

4.2.7.    Others

4.3.    Global Iodine Market Attractiveness Index, By Application

5.    Global Iodine Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) and Volume (Tons)  Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East 

5.2.6.    Africa

5.3.    Global Iodine Market Attractiveness Index, By Region

6.    North America Iodine Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) and Volume (Tons) Forecast, By Country

6.2.1.    U.S. Iodine Market

6.2.2.    Canada Iodine Market

6.3.    North America Iodine Market, By Source

6.3.1.    Natural Brines

6.3.2.    Nitrite Ores

6.3.3.    Others

6.4.    North America Iodine Market, By Application

6.4.1.    X-Ray Contrast Media

6.4.2.    Catalysts

6.4.3.    Biocides

6.4.4.    LED/LCD Polarizing Films

6.4.5.    Human Nutrition

6.4.6.    Feed Additives

6.4.7.    Others

6.5.    North America Iodine Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Source

6.5.3.    By Application

7.    Latin America Iodine Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) and Volume (Tons) Forecast, By Country

7.2.1.    Brazil Iodine Market

7.2.2.    Mexico Iodine Market

7.2.3.    Argentina Iodine Market

7.2.4.    Rest Of Latin America Iodine Market

7.3.    Latin America Iodine Market, By Source

7.3.1.    Natural Brines

7.3.2.    Nitrite Ores

7.3.3.    Others

7.4.    Latin America Iodine Market, By Application

7.4.1.    X-Ray Contrast Media

7.4.2.    Catalysts

7.4.3.    Biocides

7.4.4.    LED/LCD Polarizing Films

7.4.5.    Human Nutrition

7.4.6.    Feed Additives

7.4.7.    Others

7.5.    Latin America Iodine Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Source

7.5.3.    By Application

8.    Europe Iodine Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) and Volume (Tons) Forecast, By Country

8.2.1.    U.K. Iodine Market

8.2.2.    Germany Iodine Market

8.2.3.    Italy Iodine Market

8.2.4.    France Iodine Market

8.2.5.    Spain Iodine Market

8.2.6.    Russia Iodine Market

8.2.7.    Poland Iodine Market

8.2.8.    BENELUX Iodine Market

8.2.9.    NORDIC Iodine Market

8.2.10.    Rest of Europe Iodine Market

8.3.    Europe Iodine Market, By Source

8.3.1.    Natural Brines

8.3.2.    Nitrite Ores

8.3.3.    Others

8.4.    Europe Iodine Market, By Application

8.4.1.    X-Ray Contrast Media

8.4.2.    Catalysts

8.4.3.    Biocides

8.4.4.    LED/LCD Polarizing Films

8.4.5.    Human Nutrition

8.4.6.    Feed Additives

8.4.7.    Others

8.5.    Europe Iodine Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Source

8.5.3.    By Application

9.    Asia Pacific Iodine Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) and Volume (Tons) Forecast, By Country

9.2.1.    China Iodine Market

9.2.2.    India Iodine Market

9.2.3.    Japan Iodine Market

9.2.4.    Australia And New Zealand Iodine Market

9.2.5.    South Korea Iodine Market

9.2.6.    ASEAN Iodine Market

9.2.7.    Rest of Asia Pacific Iodine Market

9.3.    Asia Pacific Iodine Market, By Source

9.3.1.    Natural Brines

9.3.2.    Nitrite Ores

9.3.3.    Others

9.4.    Asia Pacific Iodine Market, By Application

9.4.1.    X-Ray Contrast Media

9.4.2.    Catalysts

9.4.3.    Biocides

9.4.4.    LED/LCD Polarizing Films

9.4.5.    Human Nutrition

9.4.6.    Feed Additives

9.4.7.    Others

9.5.    Asia Pacific Iodine Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Source

9.5.3.    By Application

10.    Middle East Iodine Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) and Volume (Tons) Forecast, By Country

10.2.1.    GCC Countries Iodine Market

10.2.2.    Israel Iodine Market

10.2.3.    Oman Iodine Market

10.2.4.    Rest Of Middle East Iodine Market

10.3.    Middle East Iodine Market, By Source

10.3.1.    Natural Brines

10.3.2.    Nitrite Ores

10.3.3.    Others

10.4.    Middle East Iodine Market, By Application

10.4.1.    X-Ray Contrast Media

10.4.2.    Catalysts

10.4.3.    Biocides

10.4.4.    LED/LCD Polarizing Films

10.4.5.    Human Nutrition

10.4.6.    Feed Additives

10.4.7.    Others

10.5.    Middle East Iodine Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Source

10.5.3.    By Application

11.    Africa Iodine Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) and Volume (Tons) Forecast, By Country

11.2.1.    South Africa Iodine Market

11.2.2.    Egypt Iodine Market

11.2.3.    North Africa Iodine Market

11.2.4.    Rest Of Africa Iodine Market

11.3.    Africa Iodine Market, By Source

11.3.1.    Natural Brines

11.3.2.    Nitrite Ores

11.3.3.    Others

11.4.    Africa Iodine Market, By Application

11.4.1.    X-Ray Contrast Media

11.4.2.    Catalysts

11.4.3.    Biocides

11.4.4.    LED/LCD Polarizing Films

11.4.5.    Human Nutrition

11.4.6.    Feed Additives

11.4.7.    Others

11.5.    Africa Iodine Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Source

11.5.3.    By Application

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    Algorta Norte S.A

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    IOCHEM Corporation

13.3.3.    Iofina Chemical Inc.

13.3.4.    ISR Holding

13.3.5.    Quingdao Brightmoon Seaweed Group Co. Ltd.

13.3.6.    SQM

14.    Acronyms