Mar 9, 2018   SOURCE: BusinessWire

Global Iodine Market (2018-2022) by Source, Form and Application - Increasing Use of Iodine in Optical Polarizing Films in LCD Applications is Driving the Market - ResearchAndMarkets.com

The "Iodine Market by Source (Caliche Ore, Underground Brines), Form (organic compounds, Inorganic Salts, Elemental & Isotopes), Application (X-ray contrast media, Pharmaceuticals, Optical Polarizing Films), and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

The global iodine market is estimated at USD 832.1 Million in 2017 and is projected to reach USD 1,041 Million by 2022, at a CAGR of 4.58% between 2017 and 2022.

Western Europe was the largest market for iodine in 2016. The increasing awareness regarding iodine deficiency coupled with implementation of regulations as stated by global organizations such as WHO and UNICEF to make consumption of iodized salts mandatory is expected to boost the demand for iodine in the region. Furthermore, the increasing expenditures by the government in healthcare sector in Germany and growing number of cancer patients in France are leading to increasing consumption of iodine in X-ray contrast media and pharmaceuticals. Such factors are responsible for the large market share of Western Europe.

Sociedad Qumica y Minera (Chile), Iofina (UK), ISE Chemicals Corporation (Japan), IOCHEM Corporation (US), Compaa de Salitre y Yodo (Chile), and Algorta Norte SA (Chile) lead the global iodine market. These players are the major manufacturers of iodine and are gaining a strong foothold in the market through their strategies of capacity expansions.

Market Dynamics

Drivers

  • Increasing Use of Iodine in Optical Polarizing Films in LCD Applications
  • Growing Iodine Deficiency Among People in Developing Countries
  • Versatile Applications of Iodine Derivatives

Restraints

  • Toxicity Associated With Consumption of Iodine and its Derivatives

Opportunities

  • Recycling of Iodine

Challenges

  • Fluctuating Prices of Iodine Due to Demand-Supply Gap

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Iodine Market, by Source

7 Iodine Market, by Form

8 Iodine Market, by Application

9 Iodine Market, by Region

10 Competitive Landscape

11 Company Profiles

  • ACF Minera
  • Algorta Norte Sa
  • Calibre Chemical Pvt. Ltd.
  • Choice Organochem LLP
  • Cosayach Compaa De Salitre Y Yodo.
  • Deepwater Chemicals, Inc
  • Eskay Iodine Pvt. Ltd.
  • Glide Chem Pvt. Ltd.
  • Godo Shigen Co.,Ltd
  • ISE Chemicals Corporation
  • ISR Holding
  • Iochem Corporation
  • Iofina PLC
  • Itochu Chemical Frontier Corporation
  • JSC Isotope
  • Kanto Natural Gas Development Co., Ltd.
  • Nihon Tennen Gas Co.
  • Nippoh Chemicals Co., Ltd.
  • Parad Corporation Pvt. Ltd.
  • Qingdao Bright Moon Seaweed Group Co., Ltd.
  • RB Energy Inc
  • SQM
  • Samrat Pharmachem Ltd.
  • Toho Earthtech Co., Ltd.
  • Zen Chemicals Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/49lcjb/global_iodine?w=4