Iodine Market 2027 – Forecast & Projected Growth

By | July 18, 2023
The global iodine market is anticipated to grow with an impressive CAGR during the forecast period, 2023-2027.Get Free Sample Report.

The global iodine market is anticipated to grow with an impressive CAGR during the forecast period, 2023-2027. The market growth can be attributed to the increasing shortage of iodine in developing countries, the growing use of iodine in several applications like X-ray contrast media, treating mammary dysplasia, fibrocystic breast disease, and several other disorders related to iodine deficiency.

The Important Elements of the Iodine Market 

the rise in the number of people suffering from the iodine deficiency disorders such as goiter, mental retardation, and several problems related to the growth and development of the body is providing a thrust to the market. In addition, the government of several companies is taking initiatives to propel the use of iodine in human nutrition and increase the use of iodine in animal feed additives.  

Furthermore, several global health organizations like WHO are also mandating the utilization of food-grade salts in households in order to curb the disorders caused due to iodine deficiency.  Along with this, the flourishing pharmaceutical industry is supplementing the growth of the market.

Apart from this, iodine is widely used in manufacturing organic and inorganic chemicals, animal feed supplements, inks, stabilizers, and photographic chemicals. Demand from such segments is anticipated to provide a positive outlook to the global iodine market.

The global Iodine market is segmented on the basis of source, form, application, competitive landscape, and regional distribution. Based on source, the market is bifurcated into underground brines, recycling, seaweeds, and caliche ore. Among these, the caliche ore segment is anticipated to hold a prominent market share in the coming years. This is primarily because caliche ores located in the Atacama Desert of Chile are the most and biggest exploited source in the world.

Moreover, extraction of iodine from this source is economically feasible. Based on the form, the market is fragmented into organic compounds, elemental & isotopes, and inorganic salts & complexes. By application, the market is differentiated between x-ray contrast media, animal feed, pharmaceuticals, optical polarizing films, human nutrition, biocides, catalysts in polymer processing, fluorochemical, and others. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle East and Africa, and South America.

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Some of the leading players in the Global Iodine market

  1. ISE Chemicals Corporation
  2. SQM
  3. Iofina PLC
  4. Kanto Natural Gas Development Co., Ltd.
  5. Cosayach Compañía De Salitre Y Yodo.
  6. Godo Shigen Co., Ltd
  7. ISE Chemicals Corporation
  8. Iochem Corporation
  9. Algorta Norte Sa
  10. Nippoh Chemicals Co., Ltd., etc.
AttributeDetails
Base Year2021
Historic Data2017 – 2020
Estimated Year2022
Forecast Period2023 – 2027
Quantitative UnitsRevenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027
Report coverageRevenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered·         Source·         Form·         Application
Regional scopeNorth America; Europe &CIS; Asia Pacific; South America; Middle East & Africa
Country scopeUnited States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait
Key companies profiledISE Chemicals Corporation, SQM, Iofina PLC, Kanto Natural Gas Development Co., Ltd., Cosayach Compañía De Salitre Y Yodo., Godo Shigen Co., Ltd, ISE Chemicals Corporation, Iochem Corporation, Algorta Norte Sa, Nippoh Chemicals Co., Ltd.,
Customization scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global iodine market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Iodine Market, By Source:
    • Underground Brines
    • Recycling
    • Seaweeds
    • Caliche Ore
  • Iodine Market, By Form:
    • Organic Compound
    • Elemental & Isotopes
    • Inorganic Salts & Complexes
  • Iodine Market, By Application:
    • X-Ray Contrast Media
    • Animal Feed
    • Pharmaceuticals
    • Optical Polarizing Films
    • Human Nutrition
    • Biocides
    • Catalysts in Polymer Processing
    • Fluorochemicals
    • Others
  • Iodine Market, By Region:
    • China
    • India 
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • France
    • Germany
    • United Kingdom
    • Italy
    • Spain
    • United States
    • Mexico
    • Canada
    • Brazil
    • Argentina
    • Colombia
    • South Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • Asia Pacific
    • Europe & CIS
    • North America
    • South America
    • Middle East and Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global iodine market.

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Table of Content

    1. Product Overview

  1. Research Methodology
  2. Impact of COVID-19 on the Global Iodine Market
  3. Executive Summary
  4. Voice of Customer

5.1.  Brand Awareness

5.2.  Product Awareness

5.3.  Product Quality

5.4.  Product Pricing

5.5.  Factors Influencing Purchase Decision

  1. Global Iodine Market Overview 
  2. Global Iodine Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Source (Underground Brines, Recycling, Seaweeds and Caliche Ore)

7.2.2.     By Form (Organic Compounds, Elemental & Isotopes and Inorganic Salts & Complexes)

7.2.3.     By Application (X-Ray Contrast Media, Animal Feed, Pharmaceuticals, Optical Polarizing Films, Human Nutrition, Biocides, Catalysts in Polymer Processing, Fluorochemicals and Others)

7.2.4.     By Region

7.2.5.     By Company (2021)

7.3.  Market Attractiveness Index

  1. Asia-Pacific Iodine Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Source

8.2.2.     By Application

8.2.3.     By Country

8.3.  Market Attractiveness Index

8.4.  Asia-Pacific: Country Analysis

8.4.1.     China Iodine Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Source

8.4.1.3.         Market Attractiveness Index

8.4.2.     India Iodine Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Source

8.4.2.3.         Market Attractiveness Index

8.4.3.     Japan Iodine Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Source

8.4.3.3.         Market Attractiveness Index

8.4.4.     South Korea Iodine Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.2.         Market Size & Forecast

8.4.4.2.1.             By Value & Volume

8.4.4.3.         Market Share & Forecast

8.4.4.3.1.             By Source

8.4.4.4.         Market Attractiveness Index

8.4.5.     Australia Iodine Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Source

8.4.5.3.         Market Attractiveness Index

8.4.6.     Singapore Iodine Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Source

8.4.6.3.         Market Attractiveness Index

8.4.7.     Malaysia Iodine Market Outlook

8.4.7.1.         Market Size & Forecast

8.4.7.1.1.             By Value & Volume

8.4.7.2.         Market Share & Forecast

8.4.7.2.1.             By Source

8.4.7.3.         Market Attractiveness Index

  1. Europe & CIS Iodine Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Source

9.2.2.     By Application

9.2.3.     By Country

9.3.  Market Attractiveness Index

9.4.  Europe: Country Analysis

9.4.1.     France Iodine Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Source

9.4.1.3.         Market Attractiveness Index

9.4.2.     Germany Iodine Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Source

9.4.2.3.         Market Attractiveness Index

9.4.3.     United Kingdom Iodine Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Source

9.4.3.3.         Market Attractiveness Index

9.4.4.     Italy Iodine Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.2.         Market Size & Forecast

9.4.4.2.1.             By Value & Volume

9.4.4.3.         Market Share & Forecast

9.4.4.3.1.             By Source

9.4.4.4.         Market Attractiveness Index

9.4.5.     Spain Iodine Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value & Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Source

9.4.5.3.         Market Attractiveness Index