Press release
Iodine Market to Record CAGR of 9.0% Increase in Revenue by 2031
The global iodine market is expected to grow at a CAGR of 9.0% in terms of revenue. Check stock, size, trends, valuation, CAGR, regional outlook and competitive landscapeGlobal Iodine Market - Scope of the Report
This persistence market research report studies the global iodine market for the forecast period 2021-2031. The main objective of the report is to identify market opportunities and to present updates and information about various segments of the global Iodine market.
Iodine is a halogen element of the seventh group of the periodic table with the atomic number 53; it has a bluish-black color and a brilliant luster. Iodine and its derivatives are widely used as intermediates in industrial chemicals and for human nutrition.
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The element is derived from bodies of water such as oceans and pools of water, as well as algae. Iodine deficiency in humans leads to various health problems such as goiter, mental retardation, heart disease and vision problems.
To understand and assess the opportunities in this market, the report is categorically divided into three main market analysis sections i.e. by Source, by Application and by Region. The report analyzes the global iodine market in terms of market value (US$ Mn) and volume (Tons).
The report begins with an overview of the global Iodine Market, evaluating the performance of the market in terms of revenue and volume followed by Persistence Market Research's analysis of the key trends, drivers and restraints affecting the global Iodine market iodine are observed. . The impact analysis of the key growth drivers and restraints based on the weighted average model is also included in the report to provide the client with clear insights for decision making.
To calculate the market size, the report considers several aspects based on secondary research. Furthermore, data points such as split by region and market split by application, as well as qualitative inputs from top respondents were incorporated to arrive at reasonable market estimates.
The forecasts presented in the report evaluate the total revenue of the global iodine market from 2021 to 2031. When developing the market forecast, the starting point begins with the sizing of the current market which forms the basis for forecasting how the market is likely to take shape in the near future.
Companies
Iofina Chemical Inc.
Sociedad Química y Minera (SQM)
Iochem Corporation
ISR Holding
Qingdao Bright Moon Seaweed Group Co.,Ltd.
ISE Chemicals Corporation
Godo Shigen Co., Ltd
Nippoh Chemicals Co., Ltd
Deep Water Chemicals
ACF Minera S.A
Kanto Natural Gas Development Co., Ltd
COSAYACH Compañía de Salitre y Yodo
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Given the characteristics of the market, Persistence Market Research triangulates the data through various analyzes based on the supply side, demand side and iodine market dynamics.
However, quantifying the market in the above segments and regions is more about quantifying expectations and identifying opportunities than rationalizing them once the forecast is complete.
It is important to note that in an ever-changing economic scenario, we not only perform forecasts in terms of CAGR, but also analysis based on key metrics such as year-on-year (YoY) growth to understand market predictability and capitalize on the right opportunities identify .
Another important feature of this report is the analysis of Iodine Market by region, source and application along with the corresponding sales forecast in absolute dollar odds. This is traditionally overlooked in market forecasting.
However, absolute dollar opportunity is critical in assessing the level of opportunity a supplier may be pursuing as well as identifying potential resources from a sales perspective in the global iodine market.
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To understand the key segments related to their growth and performance in the iodine market, Persistence Market Research has developed a Market Attractiveness Index. The resulting index is designed to help vendors identify existing market opportunities in the global iodine market.
The final section of the report includes Iodine market competitive landscape to provide a dashboard view of the companies that manufacture and supply Iodine. The report includes company profiles of some of the major players operating in the global iodine market.
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