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2022
Potassium Iodide Market

Potassium Iodide Market by Product Type (Solid and Liquid) and Application (Pharmaceuticals, Nutraceuticals, Polymer, Food & Feed Additives, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A14861
Pages: 260
Dec 2021 | 318 Views
   
Author(s) : Chidanand Bilagi, Nikhil Mittal , Eswara Prasad
Tables: 142
Charts: 50
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Potassium Iodide Market Statistics – 2030

The global potassium iodide market was valued at $0.8 billion in 2020, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 6.1% from 2021 to 2030.

The potassium iodide market has been moderately impacted due to the wake of COVID-19 pandemic owing to its dependence on polymer and additives.

Potassium iodide is a stable salt containing iodine and potassium that is used in applications such as food & feed, life science, polymer additives, and chemical processing.        

Global-Potassium-Iodide-Market

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Iodine is important as it helps to function thyroid properly, other body parts, and metabolic mechanism. In addition, goiter problem occurs due to deficiency of iodine. Hence, use of potassium iodide to prevent goiter is the key market trend. Potassium iodide can be used as thyroid blocker that helps prohibit secretion of radioactive iodine during nuclear radiation emergency. The use of potassium iodide as thyroid blocking agent is recommended by public officials. This is the key factor escalating the growth of the global market. On the other hand, potassium iodide is used to treat sporotrichosis and other skin inflammation diseases such as erythema nodosum, subacute nodular migratory panniculitis, and nodular vasculitis, thereby augmenting the global potassium iodide market growth.

However, long term consumption of potassium iodide leads to several allergic reactions such as swollen glands, vomiting, nausea, stomach ache, and headache. In addition, other side effects such as fever, rashes, joint pain, wheezing, shortness of breath & heartbeats, and formation of lumps under skin is a considerable factor predicted to hamper the market growth. 

On the contrary, solid potassium iodide contains potassium atoms and iodine atoms that are withheld with use of electrostatic force of attraction. The major applications of solid potassium iodide include table salt and protection of thyroid gland from nuclear radiation. Proper iodine content is necessary for proper functioning of thyroid glands. Thus, use of solid potassium iodide promotes proper thyroid functioning. This is the key market trend that boosts the potassium iodide market growth. Deficiency of iodine leads to metabolism problem and leads to enlargement of thyroid/goiter. Moreover, iodine deficiency inhibits development of fetal brain that in turn reduces 10-15 IQ points over lifetime. Thus, to overcome this problem, potassium iodide is used in the form of solid. Another major application of solid potassium iodide includes in production of iodized salt. Iodine content is abundantly available in sea food. However, unavailability of sea food in some parts of world has surged the demand of solid potassium iodide for production of iodized salt. This salt contains 0.006% to 0.010% potassium iodide and consumption of iodized salt promotes health conditions. This factor is anticipated to offer new opportunities for the growth of the global potassium iodide market. 

The potassium iodide market analysis is done on the basis of product type, application, and region. Depending on product type, the market is divided into solid and liquid. The applications covered in the study include pharmaceuticals, nutraceuticals, polymer, food & feed additives, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The major companies profiled in this report include American Elements, Thermo Fisher Scientific Inc., Samrat Pharmachem Limited, Adani Pharmachem Private Limited, Deepwater Chemical Inc., Nippoh Chemicals Co. Ltd., Godo Shigen Co. Ltd., Lasa Supergenerics Co. Ltd., IodiTech, and Zibo Wankang Pharmaceutical Chemical Co. Ltd.

Potassium Iodide Market, by Region

The Asia-Pacific potassium market accounted for 38.3% of potassium iodide market share in 2020, and is projected to grow at the highest CAGR of 6.9% during the forecast period. Heat stabilizers are utmost important and are widely used during nylon compounding and during processing of nylon fiber. The most commonly used heat stabilizer includes potassium iodide. Polymer industry is experiencing growth owing to the development of innovative solutions. Polymer sector in China is the largest in the world and this factor is anticipated to augment the growth of the global market in the Asia-Pacific region.

Potassium Iodide Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit highest CAGR of 6.9% during 2021-2030.

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Potassium Iodide Market, by Product Type

In 2020, the solid product type was the largest revenue generator, and is anticipated to grow at a CAGR of 6.2% during the forecast period. Solid potassium iodide contains potassium atoms and iodine atoms that are withheld with use of electrostatic force of attraction. The major application of solid potassium iodide includes table salt. It also helps protect thyroid gland from nuclear radiation, which augments the growth of solid potassium iodide market.

Potassium Iodide Market
By Product Type

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Solid product type is the most lucrative segment

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Potassium Iodide Market, by Application

In 2020, the pharmaceuticals application was the largest revenue generator, and is anticipated to grow at a CAGR of 6.1% during the forecast period. Iodine is important as it helps to function thyroid properly, other body parts, and metabolic mechanism. In addition, goiter problem occurs due to deficiency of iodine. Hence, use of potassium iodide to prevent goiter is anticipated to escalate the use of potassium iodide in pharmaceutical application. 

Potassium Iodide Market
By Application

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Nutraceuticals application is projected as the fastest growing segment

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Key benefits for stakeholders

  • The report outlines the current market trends and future estimations of global potassium iodide market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
  • The Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • The major countries in the region have been mapped according to their individual revenue contribution to the regional market.
  • The key drivers, restraints, and opportunities and their detailed impact analysis are explained in the study.
  • The profiles of key players and their key strategic developments are enlisted in the report.

Impact Of Covid-19 On The Global Potassium Iodide Market

  • The novel coronavirus is an incomparable global pandemic that has spread to over 180 countries and caused huge losses of lives and the economy around the globe. 
  • The potassium iodide market has been moderately impacted due to the wake of COVID-19 pandemic owing to its dependence on polymer, food additive, and feed additive end-users. 
  • Food security majorly associated with cold chain food supply is gaining importance amid COVID-19 pandemic. Potassium iodide is used as food & feed additive in order to overcome iodine deficiency. In addition, use of potassium iodide as food additive is approved by FDA and it can be used as a nutrient in table salt. It can also be employed in dietary supplement for human consumption and in animal feed. This factor is anticipated to moderately affect the demand of potassium iodide in the pandemic situation.
  • In addition, factors such as economic impact, business impact, and behavioral shift has negatively affected the manufacturing sector including polymer industry. Potassium iodide is used as polymer additives as it helps to stabilize heat and light in engineered polyimide. In addition, it can also be used as blending component with copper iodide during processing of polymers. Thus, demand for potassium iodide from polymer industry has been negatively affected due to wake of COVID-19 pandemic. 

Key Market Segments

  • By Product Type
    • Solid
    • Liquid
  • By Application
    • Pharmaceuticals
    • Nutraceuticals
    • Polymer
    • Food & Feed Additives
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Italy
      • Spain
      • UK
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • Saudi Arabia
      • South Africa
      • Rest of LAMEA
  • Key players in the global potassium iodide market are:
    • American Elements
    • Thermo Fisher Scientific Inc.
    • Samrat Pharmachem Limited
    • Adani Pharmachem Private Limited
    • Deepwater Chemical Inc.
    • Nippoh Chemicals Co. Ltd.
    • Godo Shigen Co. Ltd.
    • Lasa Supergenerics Co. Ltd.
    • IodiTech
    • Zibo Wankang Pharmaceutical Chemical Co. Ltd.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research

1.5.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Increase in adoption of potassium iodide in pharmaceutical sector
3.4.1.2.Increase in demand for potassium iodide in polymer sector

3.4.2.Restraint

3.4.2.1.Health related side effects

3.4.3.Opportunity

3.4.3.1.Escalating demand for solid potassium iodide

3.5.Value chain analysis
3.6.Pricing analysis
3.7.Impact of key regulations on the global potassium iodide market
3.8.Impact of COVID-19 on the global potassium iodide market
3.9.Patent analysis, 2012-2021

CHAPTER 4:POTASSIUM IODIDE MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast, by product type

4.2.Solid

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market share analysis, by country

4.3.Liquid

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market share analysis, by country

CHAPTER 5:POTASSIUM IODIDE MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Pharmaceuticals

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market share analysis, by country

5.3.Nutraceuticals

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market share analysis, by country

5.4.Polymer

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market share analysis, by country

5.5.Food & feed additives

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market share analysis, by country

5.6.Others

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market share analysis, by country

CHAPTER 6:POTASSIUM IODIDE MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast

6.2.North America

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by product type
6.2.3.Market size and forecast, by application
6.2.4.Market share analysis, by country
6.2.5.U.S.

6.2.5.1.Market size and forecast, by product type
6.2.5.2.Market size and forecast, by application

6.2.6.Canada

6.2.6.1.Market size and forecast, by product type
6.2.6.2.Market size and forecast, by application

6.2.7.Mexico

6.2.7.1.Market size and forecast, by product type
6.2.7.2.Market size and forecast, by application

6.3.Europe

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by product type
6.3.3.Market size and forecast, by application
6.3.4.Market size and forecast, by country
6.3.5.Germany

6.3.5.1.Market size and forecast, by product type
6.3.5.2.Market size and forecast, by application

6.3.6.UK

6.3.6.1.Market size and forecast, by product type
6.3.6.2.Market size and forecast, by application

6.3.7.France

6.3.7.1.Market size and forecast, by product type
6.3.7.2.Market size and forecast, by application

6.3.8.Italy

6.3.8.1.Market size and forecast, by product type
6.3.8.2.Market size and forecast, by application

6.3.9.Spain

6.3.9.1.Market size and forecast, by product type
6.3.9.2.Market size and forecast, by application

6.3.10.Rest of Europe

6.3.10.1.Market size and forecast, by product type
6.3.10.2.Market size and forecast, by application

6.4.Asia-Pacific

6.4.1.Key market trends, growth factors, and opportunities

6.4.1.1.Market size and forecast, by product type
6.4.1.2.Market size and forecast, by application

6.4.2.Market size and forecast, by country
6.4.3.China

6.4.3.1.Market size and forecast, by product type
6.4.3.2.Market size and forecast, by application

6.4.4.Japan

6.4.4.1.Market size and forecast, by product type
6.4.4.2.Market size and forecast, by application

6.4.5.India

6.4.5.1.Market size and forecast, by product type
6.4.5.2.Market size and forecast, by application

6.4.6.Australia

6.4.6.1.Market size and forecast, by product type
6.4.6.2.Market size and forecast, by application

6.4.7.South Korea

6.4.7.1.Market size and forecast, by product type
6.4.7.2.Market size and forecast, by application

6.4.8.Rest of Asia-Pacific

6.4.8.1.Market size and forecast, by product type
6.4.8.2.Market size and forecast, by application Source: Primary Research, Government Publications, and AMR Analysis

6.5.LAMEA

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by product type
6.5.3.Market size and forecast, by application
6.5.4.Market size and forecast, by country
6.5.5.Brazil

6.5.5.1.Market size and forecast, by product type
6.5.5.2.Market size and forecast, by application

6.5.6.Saudi Arabia

6.5.6.1.Market size and forecast, by product type
6.5.6.2.Market size and forecast, by application

6.5.7.South Africa

6.5.7.1.Market size and forecast, by product type
6.5.7.2.Market size and forecast, by application

6.5.8.Rest of LAMEA

6.5.8.1.Market size and forecast, by product type
6.5.8.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2021

7.2.Product mapping of top 10 player
7.3.Competitive heatmap

CHAPTER 8:COMPANY PROFILES:

8.1.American Elements

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio

8.2.Thermo Fisher Scientific Inc.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Business performance

8.3.Samrat Pharmachem Limited

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.4.Business performance

8.4.Adani Pharmachem Private Limited

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Product portfolio

8.5.Deepwater Chemicals Inc.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio

8.6.Nippoh Chemicals Co. Ltd.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio

8.7.Godo Shigen Co. Ltd.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio

8.8.Lasa Supergenerics Ltd.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.IodiTech

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.Zibo Wankang Pharmaceutical Chemical Co. Ltd.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020-2030 ($MILLION)
TABLE 02.POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020-2030 (TON)
TABLE 03.POTASSIUM IODIDE MARKET FOR SOLID, BY REGION, 2020–2030 ($MILLION)
TABLE 04.POTASSIUM IODIDE MARKET FOR SOLID, BY REGION, 2020–2030 (TON)
TABLE 05.POTASSIUM IODIDE MARKET FOR LIQUID, BY REGION, 2020–2030 ($MILLION)
TABLE 06.POTASSIUM IODIDE MARKET FOR LIQUID, BY REGION, 2020–2030 (TON)
TABLE 07.POTASSIUM IODIDE MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 08.POTASSIUM IODIDE MARKET, BY APPLICATION, 2020-2030 (TON)
TABLE 09.POTASSIUM IODIDE MARKET FOR PHARMACEUTICALS APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 10.POTASSIUM IODIDE MARKET FOR PHARMACEUTICALS APPLICATION, BY REGION, 2020–2030 (TON)
TABLE 11.POTASSIUM IODIDE MARKET FOR NUTRACEUTICALS APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 12.POTASSIUM IODIDE MARKET FOR NUTRACEUTICALS APPLICATION, BY REGION, 2020–2030 (TON)
TABLE 13.POTASSIUM IODIDE MARKET FOR POLYMER APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 14.POTASSIUM IODIDE MARKET FOR POLYMER APPLICATION, BY REGION, 2020–2030 (TON)
TABLE 15.POTASSIUM IODIDE MARKET FOR FOOD & FEED ADDITIVE APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 16.POTASSIUM IODIDE MARKET FOR FOOD & FEED ADDITIVE APPLICATION, BY REGION, 2020–2030 (TON)
TABLE 17.POTASSIUM IODIDE MARKET FOR OTHER APPLICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 18.POTASSIUM IODIDE MARKET FOR OTHER APPLICATION, BY REGION, 2020–2030 (TON)
TABLE 19.POTASSIUM IODIDE MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 20.POTASSIUM IODIDE MARKET, BY REGION, 2020–2030 (TON)
TABLE 21.NORTH AMERICA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 23.NORTH AMERICA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 25.NORTH AMERICA POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 26.NORTH AMERICA POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 27.U.S. POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 28.U.S. POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 29.U.S. POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 30.U.S. POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 31.CANADA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.CANADA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 33.CANADA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 34.CANADA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 35.MEXICO POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 36.MEXICO POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 37.MEXICO POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 38.MEXICO POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 39.EUROPE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 40.EUROPE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 41.EUROPE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 42.EUROPE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 43.EUROPE POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 44.EUROPE POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 45.GERMANY POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 46.GERMANY POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 47.GERMANY POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 48.GERMANY POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 49.UK POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 50.UK POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 51.UK POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 52.UK POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 53.FRANCE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 54.FRANCE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 55.FRANCE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 56.FRANCE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 57.ITALY POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 58.ITALY POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 59.ITALY POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 60.ITALY POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 61.SPAIN POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 62.SPAIN POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 63.SPAIN POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 64.SPAIN POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 65.REST OF EUROPE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 66.REST OF EUROPE POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 67.REST OF EUROPE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 68.REST OF EUROPE POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 69.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 70.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 71.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 72.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 73.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 74.ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 75.CHINA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 76.CHINA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 77.CHINA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 78.CHINA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 79.JAPAN POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 80.JAPAN POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 81.JAPAN POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 82.JAPAN POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 83.INDIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 84.INDIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 85.INDIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 86.INDIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 87.AUSTRALIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 88.AUSTRALIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 89.AUSTRALIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 90.AUSTRALIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 91.SOUTH KOREA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 92.SOUTH KOREA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 93.SOUTH KOREA OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 94.SOUTH KOREA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 95.REST OF ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 96.REST OF ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 97.REST OF ASIA-PACIFIC OPTICALLY 3.4 CLEAR ADHESIVES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 98.REST OF ASIA-PACIFIC POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 99.LAMEA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 100.LAMEA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 101.LAMEA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 102.LAMEA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 103.LAMEA POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 104.LAMEA POTASSIUM IODIDE MARKET, BY COUNTRY, 2020–2030 (TON)
TABLE 105.BRAZIL POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 106.BRAZIL POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 107.BRAZIL POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 108.BRAZIL POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 109.SAUDI ARABIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 110.SAUDI ARABIA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 111.SAUDI ARABIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 112.SAUDI ARABIA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 113.SOUTH AFRICA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 114.SOUTH AFRICA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 115.SOUTH AFRICA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 116.SOUTH AFRICA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 117.REST OF LAMEA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 118.REST OF LAMEA POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 (TON)
TABLE 119.REST OF LAMEA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 120.REST OF LAMEA POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 (TON)
TABLE 121.AMERICAN ELEMENTS: COMPANY SNAPSHOT
TABLE 122.AMERICAN ELEMENTS: PRODUCT PORTFOLIO
TABLE 123.THERMO FISHER: COMPANY SNAPSHOT
TABLE 124.THERMO FISHER: PRODUCT PORTFOLIO
TABLE 125.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 126.SAMRAT PHARMACHEM LIMITED: COMPANY SNAPSHOT
TABLE 127.SAMRAT PHARMACHEM LIMITED: PRODUCT PORTFOLIO
TABLE 128.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 129.ADANI PHARMACHEM PRIVATE LIMITED: COMPANY SNAPSHOT
TABLE 130.ADANI PHARMACHEM PRIVATE LIMITED: PRODUCT PORTFOLIO
TABLE 131.DEEPWATER CHEMICALS INC.: COMPANY SNAPSHOT
TABLE 132.DEEPWATER CHEMICALS INC.: PRODUCT PORTFOLIO
TABLE 133.NIPPOH CHEMICALS: COMPANY SNAPSHOT
TABLE 134.NIPPOH CHEMICALS: PRODUCT PORTFOLIO
TABLE 135.GODO SHIGEN CO. LTD.: COMPANY SNAPSHOT
TABLE 136.GODO SHIGEN CO. LTD.: PRODUCT PORTFOLIO
TABLE 137.LASA: COMPANY SNAPSHOT
TABLE 138.LASA: PRODUCT PORTFOLIO
TABLE 139.IODITECH: COMPANY SNAPSHOT
TABLE 140.IODITECH: PRODUCT PORTFOLIO
TABLE 141.ZIBO WANKANG PHARMACEUTICAL CHEMICAL CO. LTD. : COMPANY SNAPSHOT
TABLE 142.ZIBO WANKANG PHARMACEUTICAL CHEMICAL CO. LTD. : PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.POTASSIUM IODIDE MARKET SNAPSHOT
FIGURE 02.POTASSIUM IODIDE MARKET SEGMENTATION
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE COMPETITIVE RIVALRY
FIGURE 09.GLOBAL POTASSIUM IODIDE MARKET DYNAMICS
FIGURE 10.VALUE CHAIN ANALYSIS
FIGURE 11.POTASSIUM IODIDE MARKET, PRICING ANALYSIS, BY PRODUCT TYPE, USD/TONS
FIGURE 12.PATENT ANALYSIS, BY COUNTRY, 2012-2021
FIGURE 13.PATENT ANALYSIS, BY APPLICANT, 2012-2021
FIGURE 14.PATENT ANALYSIS, BY PUBLICATION DATE, 2012-2021
FIGURE 15.GLOBAL POTASSIUM IODIDE MARKET, BY PRODUCT TYPE, 2020–2030 ($MILILION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR SOLID, BY COUNTRY,  2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR LIQUID,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.GLOBAL POTASSIUM IODIDE MARKET, BY APPLICATION, 2020–2030 ($MILLION)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR PHARMACEUTICALS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR NUTRACEUTICALS APPLICATION, BY COUNTRY,  2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR POLYMER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR FOOD & FEED ADDITIVES, BY COUNTRY,  2020& 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF POTASSIUM IODIDE MARKET FOR OTHER APPLICATION, BY COUNTRY, 2020& 2030 (%)
FIGURE 24.POTASSIUM IODIDE MARKET, BY REGION, 2020–2030 ($MILLION)
FIGURE 25.U.S. POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 26.CANADA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 27.MEXICO POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 28.GERMANY POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 29.UK POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 30.FRANCE POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 31.ITALY POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 32.SPAIN POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 33.REST OF EUROPE POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 34.CHINA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 35.JAPAN POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 36.INDIA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 37.AUSTRALIA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 38.SOUTH KOREA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 39.REST OF ASIA-PACIFIC POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 40.BRAZIL POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 41.SAUDI ARABIA POTASSIUM IODIDE MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.SOUTH AFRICA POTASSIUM IODIDE MARKET REVENUE, 2020–2030($MILLION)
FIGURE 43.REST OF LAMEA MARKET REVENUE, 2020–2030($MILLION)
FIGURE 44.MARKET PLAYER POSITIONING, 2021
FIGURE 45.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 46.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 47.THERMO FISHER: REVENUE, 2018–2020 ($MILLION)
FIGURE 48.THERMO FISHER: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 49.THERMO FISHER: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 50.SAMRAT PHARMACHEM LIMITED: REVENUE, 2019–2021 ($MILLION)

 
 

The global potassium iodide market is expected to exhibit high growth potential owing to use of potassium iodide as a nutritional supplement in animal feed and human diet. In addition, it can also be used before and after administration of medicine comprising radioactive iodine. Accident in nuclear power plants will release radioactive iodine and long exposure leads to several health disorders. Thus, potassium iodide can be used to block or suppress the concentration of radioactive iodine. Potassium iodide is used as food & feed additive to overcome iodine deficiency. In addition, use of potassium iodide as food additive is approved by FDA and it can be used as a nutrient in table salt.

Use of potassium iodide to treat fungal granulomatous disease and infections associated with zygomycetes is the key market trend. In addition, high dosage of potassium iodide can be used to treat acute thyrotoxicosis. Synthesis inhibitors are alternative over potassium iodide to treat thyrostatic effect. Potassium iodide can be employed in complex inorganic oxide pigments such as bismuth vanadate pigments and inducing polarizing functionality of polymer films that are used in touch screens. All these factors collectively drive the growth of the global market and is thereby predicted to offer new opportunities during the forecast period.

 

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A. Increase in adoption of potassium iodide in pharmaceutical sector and polymer industry are the key factors boosting the Potassium Iodide market growth.

A. The global potassium iodide market was valued at $0.8 billion in 2020, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 6.1% from 2021 to 2030.

A. American Elements, Thermo Fisher Scientific Inc., Samrat Pharmachem Limited, Adani Pharmachem Private Limited, Deepwater Chemical Inc., Nippoh Chemicals Co. Ltd., Godo Shigen Co. Ltd., Lasa Supergenerics Co. Ltd., IodiTech, and Dow Inc. are the most established players of the global Potassium Iodide market.

A. Pharmaceutical industry is projected to increase the demand for Potassium Iodide.

A. The potassium iodide market is segmented on the basis of product type, application, and region. By product type, the market is segregated into solid and liquid. By application, the global potassium iodide market is classified into pharmaceuticals, nutraceuticals, polymer, food & feed additives, and others. Region-wise, the potassium iodide market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

A. Potassium iodide in form of liquid is used as an expectorant. Pulmonary disease leads to accumulation of mucus in the lungs. Liquid potassium iodide is utilized to loosen the mucus accumulated in the lungs and helps to treat pulmonary diseases. SSKI, Pima Syrup, and ThyroShield are some examples of syrups that contain liquid potassium iodide content used to enhance the lung secretion. In addition, saturated solution of potassium iodide is used in dermatology sector and to treat several diseases owing to its immunomodulatory characteristic.

A. Nutraceuticals and food & feed additive applications are expected to drive the adoption of Potassium Iodide market.

A. The potassium iodide market has been moderately impacted due to the wake of COVID-19 pandemic owing to its dependence on polymer, food additive, and feed additive end users.

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