Press release
Global Iodine Market Expected to Hit US$ 1,224.3 Million by 2016 End : Persistence Market Research
Iodine Market
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/iodine-market/toc
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
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, PMRs 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 Expected to Hit US$ 1,224.3 Million by 2016 End : Persistence Market Research here
News-ID: 546999 • Views: …
More Releases from Persistence Market Research
Dog Collars, Leashes & Harnesses Market Set to Reach US$ 9.51 Bn by 2030
Introduction
The global dog collars, leashes & harnesses market has experienced notable growth in recent years, driven by the rising adoption of companion animals, increasing pet humanization, and growing awareness of pet safety and comfort. Dogs are increasingly regarded as family members, leading pet owners to invest in high-quality, durable, and aesthetically appealing accessories that enhance both functionality and style. Collars, leashes, and harnesses play a critical role in pet control,…
Music Tourism Market Analysis Highlights 5.5% CAGR Through 2032
The global music tourism market is set to witness consistent growth over the next decade, supported by the rising popularity of live music experiences and experiential travel. According to recent industry analysis, the global music tourism market size is likely to be valued at US$9.6 billion in 2025 and is projected to reach US$14.0 billion by 2032, expanding at a compound annual growth rate (CAGR) of 5.5% during the forecast…
Electronic Dance Music Market Analysis Highlights Robust Growth Through 2031
➤ Introduction
The global Electronic Dance Music (EDM) market has emerged as one of the most dynamic and influential segments within the broader music and entertainment industry. Characterized by high-energy beats, immersive live performances, and strong digital integration, EDM has evolved from an underground cultural movement into a mainstream global phenomenon. The genre's rapid adoption across music festivals, nightclubs, streaming platforms, and social media channels has significantly reshaped consumer listening habits…
Global Memory Market Set for Strong Growth Driven by AI and Data Centers
The global memory market is entering one of its most transformative growth cycles in decades. As digital ecosystems scale rapidly across artificial intelligence (AI), cloud computing, data centers, automotive electronics, and edge devices, memory technologies are becoming the backbone of modern computing infrastructure. From high-performance servers to connected vehicles and IoT endpoints, memory capacity, speed, and efficiency now directly influence system performance and competitiveness.
The global memory market size is likely…
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…
