Market Overview:
The global ammonium iodide market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for ammonium iodide in the pharmaceutical industry and lighting industry. Moreover, rising awareness about the benefits of ammonium iodide is also propelling the market growth. Based on type, industrial grade segment held a dominant share in 2017 and is projected to maintain its dominance during the forecast period as well. This can be attributed to its widespread use in various industries such as pharmaceuticals, agriculture, and food & beverage among others. However, medical grade segment is anticipated to grow at a higher CAGR owing to its growing use in hospitals and clinics for diagnosis and treatment purposes. On basis of application, pharmaceutical industry held a major share in 2017 and this trend is projected continue during 2018-2030 owing to increasing demand for drugs across the globe coupled with stringent regulatory norms pertaining quality control measures by various governments worldwide.
Product Definition:
A salt of ammonia and iodide ions, NH4I, used in photography as a developing agent.
Industrial Grade:
Industrial grade is a type of ionic liquid used in various applications such as precursor to polymers, explosives, and fertilizers. It is also used as an electrolyte in lithium-ion batteries.
Medical Grade:
Ammonium iodide is a salt that contains an ammonium ion and iodine. It is used as a raw material for the production of thyroid medication. The product finds application in various industries such as pharmaceuticals, agriculture, and chemical manufacturing among others. In the pharmaceutical industry it is used to produce radio-iodine for treating cancer cells which are found in tumors (carcinoma).
Application Insights:
The global ammonium iodide market is segmented on the basis of application into pharmaceutical industry, lighting industry and others. The pharmaceutical industry was estimated to be the largest application segment in 2017. This growth can be attributed to increasing usage of AI as a disinfectant in medical applications such as cleaning equipment & utensils, operating room surfaces and patient-care areas among others.
Ammonium iodoide has been used for over a century for the production of thyroid hormones which are extensively used in medicine for various disorders including goitre treatment, cretinism treatment and hypothyroidism treatment among others. In addition, it is also utilized as an antithyroid drug during radioiodine therapy due to its high activity towards trichloroethylene-induced hyperthyroidism (CH) along with its use being one of the essential steps required for safe delivery during radioactive iodine therapy (RAI).
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from countries, such as China, India, Japan and South Korea. In addition, rising awareness regarding ammonium iodide products coupled with growing medical applications are expected to drive industry expansion over the next eight years.
The product demand in Europe is mainly driven by lighting application segment due to rising concerns pertaining environmental pollution coupled with stringent government regulations on energy consumption per capita in various European countries including Germany and France among others. Increasing use of light-emitting diode (LED) bulbs has resulted in a rise in product demand owing to their superior characteristics such as low power consumption along with high efficiency compared to incandescent bulbs thus driving industry growth across this region during the forecast period.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for ammonium iodide as a dopant in silicon wafers.
- Growing demand for medical imaging and radiation therapy due to rising incidence of cancer and other diseases.
- Rising demand for analytical reagents in laboratories and research institutes worldwide.
- Increasing use of ammonium iodide as a precursor in the manufacture of pharmaceuticals, agrochemicals, and other specialty chemicals products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ammonium Iodide Market Research Report
By Type
Industrial Grade, Medical Grade
By Application
Pharmaceutical Industry, Lighting Industry
By Companies
Ajay Chemicals, Poleix, Godo Shigen, HiMedia, Noah Technologies, Zigong Jindian Chemical, Shanghai Chuanghe Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Ammonium Iodide Market Report Segments:
The global Ammonium Iodide market is segmented on the basis of:
Types
Industrial Grade, Medical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Lighting Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ajay Chemicals
- Poleix
- Godo Shigen
- HiMedia
- Noah Technologies
- Zigong Jindian Chemical
- Shanghai Chuanghe Chemical
Highlights of The Ammonium Iodide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Grade
- Medical Grade
- By Application:
- Pharmaceutical Industry
- Lighting Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ammonium Iodide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ammonium iodide is a chemical compound with the formula NH4I. It is a white solid that dissolves in water to form an ammonium ion and iodide ion. Ammonium iodide is used as a fertilizer and as an oxidizer in rocket fuel.
Some of the key players operating in the ammonium iodide market are Ajay Chemicals, Poleix, Godo Shigen, HiMedia, Noah Technologies, Zigong Jindian Chemical, Shanghai Chuanghe Chemical.
The ammonium iodide market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ammonium Iodide Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ammonium Iodide Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ammonium Iodide Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ammonium Iodide Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ammonium Iodide Market Size & Forecast, 2020-2028
4.5.1 Ammonium Iodide Market Size and Y-o-Y Growth
4.5.2 Ammonium Iodide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Medical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Lighting Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ammonium Iodide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ammonium Iodide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Medical Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Lighting Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Medical Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Lighting Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Medical Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Lighting Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Medical Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Lighting Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Medical Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Lighting Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ammonium Iodide Market: Competitive Dashboard
14.2 Global Ammonium Iodide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ajay Chemicals
14.3.2 Poleix
14.3.3 Godo Shigen
14.3.4 HiMedia
14.3.5 Noah Technologies
14.3.6 Zigong Jindian Chemical
14.3.7 Shanghai Chuanghe Chemical
