Iodine Market Global Analysis Trends, Share, Size, Growth, Opportunity and Forecast 2021 - 2028

                                                                            
Iodine is a mineral that has the symbol I and the atomic number 53. Iodine is the heaviest sable halogen, with a glossy purple black colour and solid structure.

                   Iodine Market



Iodine is a mineral that has the symbol I and the atomic number 53. Iodine is the heaviest sable halogen, with a glossy purple black colour and solid structure. It is a highly important mineral for humans because it may be found in a variety of foods such as dairy products, iodized salt, seaweed, eggs, fish, tuna, and so on. Iodine protects cells from chemically damaging and toxic effects, as well as assisting in the management of other bodily systems and metabolism.


The growing usage of iodine as a contrast agent in the development of radiographic modalities is projected to drive the Iodine Market. Iodinated contrast chemicals are injected into a blood artery for the purpose of clear imaging. For medical imaging applications, iodine is in high demand in the healthcare industry. As a result, increased demand for iodine as a contrast agent in the healthcare industry is expected to drive the iodine market forward.


Iodine's market growth is predicted to be aided by rising demand for it as a chemical catalyst in the manufacture of ketone and the esterification of acids. It's also utilised as a catalyst in acylation reactions, benzylic alcohol oxidation reactions, and cycloaddition reactions. As a result, increased global demand for ketones and other organic acids for various industrial applications is likely to drive iodine market growth.


Market Segmentation:

By Source
  • Natural Brines
  • Nitrite Ores
  • Others

By Applications
  • X-Ray Contrast Media
  • Catalyst
  • Biocides
  • LED/ LCD Polarizing Films
  • Feed Additives
  • Human Nutrition
  • Others

In addition, the government is promoting the use of iodine in animal feed additives and human nutrition. However, various restrictions are limiting the Global Iodine Market's growth. The issue of toxicity associated with iodine and its derivative use is limiting the Global Iodine Market's growth. The Global Iodine Market will experience difficulties due to shifting iodine costs.


The Companies involved in The Global Iodine Market are Iofina Chemical, Inc., Sociedad Química y Minera (SQM), IOCHEM Corporation, ISR Holding, Qingdao Bright Moon Seaweed Group Co. Ltd., Algorta Norte S.A.

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