Iodine Market

The iodine market involves the production, distribution, and sale of iodine and its derivatives, which are used in various industries including pharmaceuticals, nutrition, healthcare, and electronics.

Iodine is used in the production of pharmaceuticals, X-ray contrast media, nutritional supplements, catalysts, biocides, and in various industrial processes such as LCD displays and semiconductor manufacturing.

Factors driving demand include increasing healthcare applications such as thyroid disorders treatment and diagnostic imaging, rising demand for nutritional iodine supplements, growth in electronics manufacturing, and expanding industrial applications.

Geopolitical factors such as changes in iodine production regulations, trade policies, and geopolitical tensions in major iodine-producing regions like Chile and Japan can affect global iodine supply and prices.

Major players in the iodine market include companies such as Iofina plc, SQM, ISE Chemicals Corporation, Godo Shigen Co., Ltd., and Iochem Corporation, as well as pharmaceutical companies and chemical manufacturers that utilize iodine in their products and processes.