Market Overview:
The global iodine and its derivatives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for iodine and its derivatives in X-ray contrast media, pharmaceuticals, iodophors and PVP-I, LCD screens, animal nutrition, and other applications. In addition, the growing population and rising income levels are also contributing to the growth of this market. However, factors such as volatility in prices of raw materials used for manufacturing iodine and its derivatives may restrain the growth of this market during the forecast period.
Product Definition:
Iodine is a chemical element with symbol I and atomic number 53. It is a nonmetal that occurs naturally as a constituent of the earth's crust but is also found in many minerals and in seawater. Iodine is used to make iodide salts, which are used as dietary supplements and topical medications. It can also be combined with table salt to form iodized salt, which helps prevent iodine deficiency.
Iodine:
Iodine is a chemical element that is found in the soil, water, and plants. It can also be produced by the action of iodine-131 on bacteria in a nuclear reactor.
Iodine Derivatives:
Iodine derivatives are organic compounds that result from the reaction between iodine and an organic base. The most common types of such derivatives include iodides and bromides.
Application Insights:
The global iodine and its derivatives market is segmented on the basis of application into x-ray contrast media, pharmaceuticals, iodophors and PVP-I, LCD screens, animal nutrition products and others. The pharmaceutical segment dominated the global iodine market in terms of revenue share in 2017. Iodine deficiency disorders are one of the most common health problems across the world. According to WHO data published in 2015, more than 100 million people were suffering from mild to severe deficiency disorders across all regions globally. This has led to increased demand for medicines that containiodine as an essential element which boosts product consumption in this sector over other applications globally.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of pharmaceutical companies, coupled with increasing R&D activities for new drug development, has contributed to this growth. China accounts for more than 50% of global production owing to low manufacturing cost and easy availability of labor & raw materials.
The Asia Pacific regional market is anticipated to be driven by growing demand from end-use industries such as medical, food & beverages, textile etc., due to rising disposable income in emerging economies including India and China. Furthermore, government initiatives encouraging foreign investments are likely boost industry expansion over the coming years.
Growth Factors:
- Increasing demand from the end-use industries such as pharmaceuticals, agrochemicals, and food additives is expected to drive the growth of iodine and its derivatives market over the forecast period.
- Growing awareness about the benefits of iodine and its derivatives is projected to fuel the demand for these products in various end-use industries.
- Rising investments by key players in research & development activities is likely to propel the growth of this market in near future.
- Stringent regulations pertaining to use of these products are anticipated to create new opportunities for iodine and its derivatives market over forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Iodine and Its Derivatives Market Research Report
By Type
Iodine, Iodine Derivatives
By Application
X-ray Contrast Media, Pharmaceuticals, Iodophors and PVP-I, LCD Screens, Animal Nutrition, Others
By Companies
SQM, Cosayach, Ise Chemicals, Algorta Norte S.A., Godo Shigen, Iochem, Nippoh Chemicals, RB Energy, Toho Earthtech, Iofina, Wengfu, Gather Great Ocean, Xinwang
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 Iodine and Its Derivatives Market Report Segments:
The global Iodine and Its Derivatives market is segmented on the basis of:
Types
Iodine, Iodine Derivatives
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
X-ray Contrast Media, Pharmaceuticals, Iodophors and PVP-I, LCD Screens, Animal Nutrition, Others
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:
- SQM
- Cosayach
- Ise Chemicals
- Algorta Norte S.A.
- Godo Shigen
- Iochem
- Nippoh Chemicals
- RB Energy
- Toho Earthtech
- Iofina
- Wengfu
- Gather Great Ocean
- Xinwang
Highlights of The Iodine and Its Derivatives 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:
- Iodine
- Iodine Derivatives
- By Application:
- X-ray Contrast Media
- Pharmaceuticals
- Iodophors and PVP-I
- LCD Screens
- Animal Nutrition
- Others
- 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 Iodine and Its Derivatives 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.
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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?
Iodine is a chemical element with the symbol I and atomic number 53. It is a soft, silver-white, nonmetallic element that occurs in nature only as an isotope of potassium (K). Iodine was first isolated from the sea in 1811 by French chemist Bernard Courtois.
Some of the major companies in the iodine and its derivatives market are SQM, Cosayach, Ise Chemicals, Algorta Norte S.A., Godo Shigen, Iochem, Nippoh Chemicals, RB Energy, Toho Earthtech, Iofina, Wengfu, Gather Great Ocean, Xinwang.
The iodine and its derivatives 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 Iodine and Its Derivatives 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 Iodine and Its Derivatives Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Iodine and Its Derivatives 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 Iodine and Its Derivatives 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 Iodine and Its Derivatives Market Size & Forecast, 2020-2028 4.5.1 Iodine and Its Derivatives Market Size and Y-o-Y Growth 4.5.2 Iodine and Its Derivatives 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 Iodine
5.2.2 Iodine Derivatives
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 X-ray Contrast Media
6.2.2 Pharmaceuticals
6.2.3 Iodophors and PVP-I
6.2.4 LCD Screens
6.2.5 Animal Nutrition
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Iodine and Its Derivatives 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 Iodine and Its Derivatives 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 Iodine
9.6.2 Iodine Derivatives
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 X-ray Contrast Media
9.10.2 Pharmaceuticals
9.10.3 Iodophors and PVP-I
9.10.4 LCD Screens
9.10.5 Animal Nutrition
9.10.6 Others
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 Iodine
10.6.2 Iodine Derivatives
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 X-ray Contrast Media
10.10.2 Pharmaceuticals
10.10.3 Iodophors and PVP-I
10.10.4 LCD Screens
10.10.5 Animal Nutrition
10.10.6 Others
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 Iodine
11.6.2 Iodine Derivatives
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 X-ray Contrast Media
11.10.2 Pharmaceuticals
11.10.3 Iodophors and PVP-I
11.10.4 LCD Screens
11.10.5 Animal Nutrition
11.10.6 Others
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 Iodine
12.6.2 Iodine Derivatives
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 X-ray Contrast Media
12.10.2 Pharmaceuticals
12.10.3 Iodophors and PVP-I
12.10.4 LCD Screens
12.10.5 Animal Nutrition
12.10.6 Others
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 Iodine
13.6.2 Iodine Derivatives
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 X-ray Contrast Media
13.10.2 Pharmaceuticals
13.10.3 Iodophors and PVP-I
13.10.4 LCD Screens
13.10.5 Animal Nutrition
13.10.6 Others
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 Iodine and Its Derivatives Market: Competitive Dashboard
14.2 Global Iodine and Its Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SQM
14.3.2 Cosayach
14.3.3 Ise Chemicals
14.3.4 Algorta Norte S.A.
14.3.5 Godo Shigen
14.3.6 Iochem
14.3.7 Nippoh Chemicals
14.3.8 RB Energy
14.3.9 Toho Earthtech
14.3.10 Iofina
14.3.11 Wengfu
14.3.12 Gather Great Ocean
14.3.13 Xinwang