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Iodine has versatile applications in many industries from medicine, electronics to water disinfection
equipments. Iodine and its derivatives are use in X-Ray contrast media, biocides, antiseptics and
disinfectants, pharmaceutical, salt iodization, polarizing films for liquid crystal displays (LCD), chemicals,
herbicides, industrial catalysts, animal nutrition, biocides and nylon stabilizer.
Increasing healthcare awareness among individuals leads to increase in consumption pattern of dietary
supplement products. These supplement products includes iodine ingredients in them. The growing
demand of supplement products helps in the growth of iodine market across the globe.
Iodine also acts as an excellent antidote for common iodine deficiency disorders (IDD) such as goiter and
thyroid ailments. Increase in such deficiency propels the demand of iodine in pharmaceuticals industry.
This leads to increase in the growth of iodine market. Among various industrial and medicinal use, half of
the application of iodine is use directly related to human health.
The global iodine market is currently growing at a steady rate and is expected to continue in the
forecasted period. Growing world population accompanied by large number of aging individuals and
increasing demand from end-use applications, act as major driver for growth of global iodine market.
Increasing capital expenditure required for iodine production could pose a challenge for iodine market.
Increase in demand for iodine from developing countries of Asia Pacific is one of the key factors, which
helps in the growth of iodine market. Regional consumption of iodine is highest in Asia Pacific region
followed by Europe and North America region. Growing awareness level about iodine deficiency among
the general population along with various governmental subsidized programs and social marketing
activities help to increase the consumption of iodine. Around 75% of global consumption takes place in
only ten countries including Japan, the U.S. and China. The global iodine market is expected to grow in a
single digit growth rate in forecasted period and market in developing nations is expected to witness a
higher growth rate as compared with the global market.
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
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