Market Overview:
The global potassium iodate market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for potassium iodate from the pharmaceutical, feed, and chemical industries. In addition, the growing awareness about the benefits of potassium iodate is also contributing to the growth of this market. On the basis of type, feed grade potassium iodate accounted for a major share of the global potassium iodate market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 owing to its increasing demand from livestock farms and poultry farms across regions.
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Product Definition:
Potassium iodate is a salt of potassium and iodate. It is used as an antiseptic and in the production of photographic films.
Feed Grade Potassium Iodate:
Potassium iodate is a salt formed by adding iodine to potassium chloride. It is used as an additive in fertilizers and feeds for animals. Potassium iodate has the ability to prevent goiter, which may develop in people who are exposed to radioactive Iodine (I-131) during radiation therapy for cancer.
The global feed grade potassium iodate market size was valued at USD 585 million in 2016.
Pharmaceutical Grade Potassium Iodate:
Potassium iodate is a salt formed by adding iodine to potassium ion (K+I2) and it is used as an additive in pharmaceutical products. It has the ability to prevent goiter, which occurs when the thyroid gland does not produce enough thyroid hormones.
Application Insights:
The global potassium iodate market is segmented by application into the pharmaceutical industry, feed industry and chemical industry. The pharmaceutical industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for Potassium Iodide (KI) tablets for protection against thyroid cancer from countries such as India, China and Brazil. These factors are projected to drive product demand in this region over the coming years.
Feed grade potassium iodate accounted for a significant share of applications within the pharmaceutical sector owing to its usage as an animal feed supplement providing nutritional benefits such as improved weight gain performance piglets which results in increased meat production per unit of time leading to higher revenue generation within this sector globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for feed grade potassium iodate from poultry and cattle feed manufacturers in China, India, Japan, and South Korea. In addition, rising awareness regarding the benefits of nutritional diet along with growing disposable income will drive product demand in this region over the forecast period.
Europe was the second-largest regional market after Asia Pacific accounting for 24% of total revenue share in 2017 on account of stringent regulations by REACH pertaining to use of potassium iodide leading to limited availability at a higher price as compared to its production cost coupled with strict government regulations regarding consumption levels is anticipatedto hamper industry growth over next eight years.
Growth Factors:
- Increasing demand from the food and beverage industry as a preservative
- Growing awareness about the health benefits of potassium iodate
- Rising demand for potassium iodate in pharmaceuticals and personal care products
- Increasing use of potassium iodate in agriculture to improve crop yield
- Technological advancements that have led to the development of new applications for potassium iodate
Scope Of The Report
Report Attributes
Report Details
Report Title
Potassium Iodate (CAS 7758-05-6) Market Research Report
By Type
Feed Grade Potassium Iodate, Pharmaceutical Grade Potassium Iodate, Industrial Grade Potassium Iodate
By Application
Pharmaceutical Industry, Feed Industry, Chemical Industry
By Companies
Omkar Chemicals, Hanwei Chemical, Iofina, Tocean Iodine Products, Micron Laboratories, Triveni Chemicals, Adani Pharma, Jindian Chemical, Jiangxi Shengdian S&T, Youlian Fine Chemical, Omkar Chemicals, Honghe Pharmacy
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Potassium Iodate (CAS 7758-05-6) Market Report Segments:
The global Potassium Iodate (CAS 7758-05-6) market is segmented on the basis of:
Types
Feed Grade Potassium Iodate, Pharmaceutical Grade Potassium Iodate, Industrial Grade Potassium Iodate
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, Feed Industry, Chemical 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:
- Omkar Chemicals
- Hanwei Chemical
- Iofina
- Tocean Iodine Products
- Micron Laboratories
- Triveni Chemicals
- Adani Pharma
- Jindian Chemical
- Jiangxi Shengdian S&T
- Youlian Fine Chemical
- Omkar Chemicals
- Honghe Pharmacy
 Market Overview.svg)
Highlights of The Potassium Iodate (CAS 7758-05-6) 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:
- Feed Grade Potassium Iodate
- Pharmaceutical Grade Potassium Iodate
- Industrial Grade Potassium Iodate
- By Application:
- Pharmaceutical Industry
- Feed Industry
- Chemical 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 Potassium Iodate (CAS 7758-05-6) 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
 Market Statistics.svg)
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?
Potassium iodate is a white crystalline salt with the chemical formula KI. It is used as a food additive to prevent iodine deficiency in humans and animals.
Some of the major companies in the potassium iodate (cas 7758-05-6) market are Omkar Chemicals, Hanwei Chemical, Iofina, Tocean Iodine Products, Micron Laboratories, Triveni Chemicals, Adani Pharma, Jindian Chemical, Jiangxi Shengdian S&T, Youlian Fine Chemical, Omkar Chemicals, Honghe Pharmacy.
The potassium iodate (cas 7758-05-6) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size & Forecast, 2018-2028
4.5.1 Potassium Iodate (CAS 7758-05-6) Market Size and Y-o-Y Growth
4.5.2 Potassium Iodate (CAS 7758-05-6) Market Absolute $ Opportunity
Chapter 5 Global Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
5.2.1 Feed Grade Potassium Iodate
5.2.2 Pharmaceutical Grade Potassium Iodate
5.2.3 Industrial Grade Potassium Iodate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Feed Industry
6.2.3 Chemical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Analysis and Forecast
9.1 Introduction
9.2 North America Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
9.6.1 Feed Grade Potassium Iodate
9.6.2 Pharmaceutical Grade Potassium Iodate
9.6.3 Industrial Grade Potassium Iodate
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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Feed Industry
9.10.3 Chemical 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 Potassium Iodate (CAS 7758-05-6) Analysis and Forecast
10.1 Introduction
10.2 Europe Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
10.6.1 Feed Grade Potassium Iodate
10.6.2 Pharmaceutical Grade Potassium Iodate
10.6.3 Industrial Grade Potassium Iodate
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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Feed Industry
10.10.3 Chemical 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 Potassium Iodate (CAS 7758-05-6) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
11.6.1 Feed Grade Potassium Iodate
11.6.2 Pharmaceutical Grade Potassium Iodate
11.6.3 Industrial Grade Potassium Iodate
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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Feed Industry
11.10.3 Chemical 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 Potassium Iodate (CAS 7758-05-6) Analysis and Forecast
12.1 Introduction
12.2 Latin America Potassium Iodate (CAS 7758-05-6) 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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
12.6.1 Feed Grade Potassium Iodate
12.6.2 Pharmaceutical Grade Potassium Iodate
12.6.3 Industrial Grade Potassium Iodate
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 Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Feed Industry
12.10.3 Chemical 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) Potassium Iodate (CAS 7758-05-6) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Potassium Iodate (CAS 7758-05-6) 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) Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Type
13.6.1 Feed Grade Potassium Iodate
13.6.2 Pharmaceutical Grade Potassium Iodate
13.6.3 Industrial Grade Potassium Iodate
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) Potassium Iodate (CAS 7758-05-6) Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Feed Industry
13.10.3 Chemical 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 Potassium Iodate (CAS 7758-05-6) Market: Competitive Dashboard
14.2 Global Potassium Iodate (CAS 7758-05-6) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Omkar Chemicals
14.3.2 Hanwei Chemical
14.3.3 Iofina
14.3.4 Tocean Iodine Products
14.3.5 Micron Laboratories
14.3.6 Triveni Chemicals
14.3.7 Adani Pharma
14.3.8 Jindian Chemical
14.3.9 Jiangxi Shengdian S&T
14.3.10 Youlian Fine Chemical
14.3.11 Omkar Chemicals
14.3.12 Honghe Pharmacy
