Press release
Global Iodine Market is Expected to Surpass US$ 1,224.3 Million by 2016 End
Iodine Market
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/iodine-market/toc
Iodine Market:
Iodine is a halogen element in group seven of the periodic table, with atomic number 53. It is blue-black in color and has shiny lustre. Iodine and its derivatives are widely used as an intermediate in industrial chemicals and for human nutrition. The element is sourced from water bodies such as oceans and water pools as well as from seaweed. Iodine deficiency in humans results in various health-related issues such as goiter, mental retardation, heart diseases, and eyesight problems.
In this report, the global iodine market has been segmented on the basis of regions. By 2024, the market in North America is expected to account for 21.6% volume share of the overall global iodine market, followed by APAC and Western Europe. Due to increasing prevalence of thyroid disorders among the aging population, especially in developing regions such as APAC, the iodine market in the region is projected to expand at a higher than average CAGR of 9.0% over 2016–2024 in terms of revenue. The market in MEA, which is anticipated to account for 7.0% revenue share of the overall global market by 2024 end, is expected to be driven by increasing use of iodine as catalysts in industries in the region. The iodine market in Latin America is estimated to register an average increase in revenue due to lower GDP growth in the region.
The global iodine market has also been segmented on the basis of various applications. Catalysts segment in the global iodine market is expected to expand at a lower than average CAGR of 2.2% in terms of volume over 2016–2024, while X-ray contrast media segment is expected to expand at a CAGR of 4.4% over the same period. Extraction of iodine from nitrite ores is expected to be the highest in APAC due to abundance of caliche ores in the region. Extraction of iodine from natural brines in North America is expected to increase at a CAGR of 3.6% in terms of value during the forecast period.
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3591
Increase in GDP output is one of the major factors driving the iodine market. The market in APAC, which is expected to register exponential increase in GDP among various developing economies in the region, is expected to witness high revenue growth during the forecast period. Meanwhile, the market in developed economies is expected to decline in the near future due to lower GDP growth, thereby implying lower consumption compared to other economies.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3591
By Source
• Natural Brines
• Nitrite Ores
• Others (Seaweed)
By Application
• X-Ray Contrast Media
• Catalysts
• Biocides
• LED/LCD Polarizing Films
• Feed Additives
• Human Nutrition
• Others
By Region
• North America
• Latin America
• Europe
• APAC
• MEA
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Iodine Market is Expected to Surpass US$ 1,224.3 Million by 2016 End here
News-ID: 500160 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for Iodine
[Latest] Povidone Iodine Market : An Overview
The ""Povidone Iodine Market"" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Povidone Iodine Market, 2024-2031
Verified Market Research's most recent report, ""Povidone Iodine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,"" provides an in-depth…
Iodine Market Forecast and Analysis 2024-2030
The Global Iodine Market demonstrated a significant value of USD 3.87 billion in 2023. Projections indicate a promising growth trajectory with the total revenue expected to climb by 5.53% from 2024 to 2030, reaching nearly USD 5.64 billion.
Report Scope:
The comprehensive report on the Global Iodine Market offers a detailed analysis encompassing various facets of this vital mineral's industry. It sheds light on market dynamics, segments, applications, regional insights, and challenges,…
Iodine Market Key Players | Eskay Iodine, American Elements, Algorta Norte
As per the study initiated by Evolve Business Intelligence, the global Iodine Market size accounted for USD 1.7Billion in 2022, growing at a CAGR of 3.8% from 2023 to 2033. Iodine Market refers to the global marketplace where iodine, a chemical element with the symbol I and atomic number 53, is bought and sold. Iodine is an essential trace element that plays a crucial role in various applications, including pharmaceuticals,…
Povidone Iodine Market – Global Industry Report, 2030
Albany, NY - Povidone Iodine Market: Introduction
In terms of value, the global povidone iodine market is anticipated to expand at a CAGR of ~5% from 2020 to 2030 and surpass US$ 256.7 Bn by 2030. North America dominated the global povidone iodine market in terms of volume in 2019. It is estimated to be the leading region of the global povidone iodine market during the forecast period. The healthcare sector…
Iodine Market Projected to Reach USD 1,177.9 Million By 2026: Growing Iodine Def …
Global Iodine Market Analysis
According to Verified Market Research, The Global Iodine Market was valued at USD 581.57 Million in 2018 and is projected to reach USD 1,177.9 Million by 2026, growing at a CAGR of 4.40% from 2019 to 2026.
What is Iodine?
Iodine is a mineral that can be found in some foods. The body needs iodine (but cannot make it) for thyroid hormones. Therefore the needed iodine must come from…
Povidone Iodine Market | Analysis & Trends 2023
Povidone Iodine Market: Overview
Povidone Iodine is a stable chemical complex of polyvinylpyrrolidone and elemental iodine. It is universally preferred iodine antiseptic. It is a widely used antiseptic for topical application in the prevention and treatment of infections in wounds. Povidone Iodine is used in first aid of blisters, minor cuts and burns among others. It is extensively used in the medical field. It is completely soluble in cold and mild-warm…
