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Iodine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

April 2022 | 143 pages | ID: I1C810821C8CEN
IMARC Group

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The global iodine market reached a value of US$ 897.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1,246.30 Million by 2027, exhibiting a CAGR of 5.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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:
How has the global iodine market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global iodine market?
What are the key regional markets?
What is the breakup of the market based on the source?
What is the breakup of the market based on the form?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global iodine market and who are the key players?
What is the degree of competition in the industry?
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

LIST OF TABLES

Table 1: Global: Iodine Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Iodine Market Forecast: Breakup by Source (in Million US$), 2022-2027
Table 3: Global: Iodine Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 4: Global: Iodine Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Iodine Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Iodine Market: Competitive Structure
Table 7: Global: Iodine Market: Key Players

LIST OF FIGURES

Figure 1: Global: Iodine Market: Major Drivers and Challenges
Figure 2: Global: Iodine Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Iodine Market: Breakup by Source (in %), 2021
Figure 5: Global: Iodine Market: Breakup by Form (in %), 2021
Figure 6: Global: Iodine Market: Breakup by Application (in %), 2021
Figure 7: Global: Iodine Market: Breakup by Region (in %), 2021
Figure 8: Global: Iodine (Underground Brine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Iodine (Underground Brine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Iodine (Caliche Ore) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Iodine (Caliche Ore) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Iodine (Recycling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Iodine (Recycling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Iodine (Seaweeds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Iodine (Seaweeds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Iodine (Inorganic Salts and Complexes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Iodine (Inorganic Salts and Complexes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Iodine (Organic Compounds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Iodine (Organic Compounds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Iodine (Elementals and Isotopes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Iodine (Elementals and Isotopes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Iodine (Animal Feed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Iodine (Animal Feed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Iodine (X-Ray Contrast Media) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Iodine (X-Ray Contrast Media) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Iodine (Biocides) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Iodine (Biocides) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Iodine (Optical Polarizing Films) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Iodine (Optical Polarizing Films) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Iodine (Fluorochemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Iodine (Fluorochemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Iodine (Nylon) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Iodine (Nylon) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Iodine (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Iodine (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Iodine Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Iodine Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Iodine Market Forecast: Sales Value (in Million US$), 2022-2027
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


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