Global Iodine Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Análisis del mercado del yodo

El crecimiento del mercado del yodo está impulsado por los avances en las tecnologías de extracción y purificación. Los métodos recientes se centran en la extracción sostenible de fuentes como las algas y las salmueras, lo que reduce el impacto ambiental. Las nuevas tecnologías, como las resinas de intercambio iónico y la extracción con disolventes, han mejorado las tasas de recuperación y la pureza del yodo, lo que mejora la eficiencia del suministro. Estos métodos también están diseñados para minimizar el consumo de energía y los residuos químicos, en consonancia con las tendencias mundiales de sostenibilidad.

En el ámbito sanitario, los agentes de contraste a base de yodo, utilizados en el diagnóstico por imagen, se benefician de estos avances al ofrecer mayores niveles de pureza, lo que garantiza la seguridad y eficacia del paciente. Además, el papel del yodo en los productos farmacéuticos, especialmente en los antisépticos y los suplementos nutricionales, sigue aumentando debido a la creciente concienciación sobre la salud y su función esencial en la salud de la tiroides.

El crecimiento de las tecnologías de energía renovable, como las turbinas eólicas y los paneles solares, también está impulsando la demanda de yodo para su uso en la producción de catalizadores y componentes electrónicos. Se espera que las diversas aplicaciones del yodo en diferentes industrias, junto con las mejoras tecnológicas en la extracción, respalden la expansión constante del mercado, con una demanda global creciente proyectada en sectores como la atención médica, los productos farmacéuticos y la energía en los próximos años.

Tamaño del mercado del yodo

El tamaño del mercado mundial de yodo se valoró en USD 1.10 mil millones en 2023 y se proyecta que alcance los USD 1.67 mil millones para 2031, con una CAGR del 5,40% durante el período de pronóstico de 2024 a 2031. Además de la información sobre escenarios de mercado como valor de mercado, tasa de crecimiento, segmentación, cobertura geográfica y actores principales, los informes de mercado seleccionados por Data Bridge Market Research también incluyen análisis de importación y exportación, descripción general de la capacidad de producción, análisis de consumo de producción, análisis de tendencias de precios, escenario de cambio climático, análisis de la cadena de suministro, análisis de la cadena de valor, descripción general de materias primas / consumibles, criterios de selección de proveedores, análisis PESTLE, análisis de Porter y marco regulatorio.

Tendencias del mercado del yodo

“Aumentando la demanda de yodo en la atención sanitaria”

Una tendencia clave que impulsa el crecimiento del mercado del yodo es su uso cada vez mayor en aplicaciones sanitarias, especialmente en el diagnóstico por imagen y en productos farmacéuticos. Los agentes de contraste a base de yodo son fundamentales para las técnicas de diagnóstico por imagen, como las tomografías computarizadas y las radiografías, que ayudan a visualizar los vasos sanguíneos y los tejidos. La creciente incidencia de enfermedades como el cáncer y las enfermedades cardiovasculares ha impulsado la demanda de estos agentes. Además, el yodo es esencial en la producción de antisépticos y desinfectantes, lo que impulsa aún más su mercado en el sector sanitario. Por ejemplo, en febrero de 2022, Tata Consumer Products lanzó 'Shuddh by Tata Salt', una nueva marca de sal yodada dirigida a los mercados regionales de la India. Este producto está diseñado para proporcionar a los consumidores un acceso asequible a la sal yodada de alta calidad, que es esencial para prevenir la deficiencia de yodo. Con la introducción de Shuddh, Tata tiene como objetivo atender a los consumidores preocupados por la salud y, al mismo tiempo, mejorar su cartera en el competitivo mercado de la sal en todo el país.

Alcance del informe y segmentación del mercado del yodo        

Definición del mercado del yodo

El yodo es un elemento químico con el símbolo "I" y número atómico 53. Es un no metal y pertenece al grupo de los halógenos en la tabla periódica. El yodo es esencial para la salud humana, principalmente como un componente clave de las hormonas tiroideas, que regulan el metabolismo y son fundamentales para el crecimiento y el desarrollo. Se encuentra de forma natural en el agua de mar, el suelo y ciertos alimentos como el pescado, los productos lácteos y la sal yodada. La deficiencia de yodo puede provocar trastornos de la tiroides como el bocio y el hipotiroidismo. Sus aplicaciones incluyen antisépticos, desinfectantes y en la obtención de imágenes médicas como agentes de contraste.

Dinámica del mercado del yodo

Conductores

• Aumento del uso de biocidas

La creciente demanda de biocidas y desinfectantes es un factor importante que impulsa el mercado del yodo, en particular en aplicaciones agrícolas y de seguridad alimentaria. Los compuestos a base de yodo, como la povidona yodada y las tinturas de yodo, se utilizan ampliamente por sus propiedades antimicrobianas para prevenir infecciones en el ganado y los cultivos. Por ejemplo, el yodo se utiliza en la desinfección preoperatoria de la piel en las prácticas veterinarias y como agente desinfectante en las plantas de procesamiento de aves de corral. El enfoque mundial en la seguridad alimentaria y las medidas de bioseguridad ha intensificado aún más el uso de yodo en desinfectantes, lo que conduce a un crecimiento proyectado en el mercado del yodo a medida que las industrias buscan soluciones efectivas para combatir los patógenos y mejorar la seguridad de los productos.

• Aplicaciones de tratamiento de aguas en ascenso

El uso cada vez mayor de yodo en los procesos de purificación de agua, en particular para el tratamiento de agua potable en áreas remotas, está impulsando significativamente el mercado del yodo. El yodo es muy eficaz para eliminar bacterias, virus y otros patógenos, lo que lo convierte en la opción preferida para desinfectar el agua potable en regiones con acceso limitado a fuentes de agua limpia. Por ejemplo, en octubre de 2023, Iofina anunció sus planes estratégicos para construir su décima planta de extracción de yodo en una nueva ubicación en Oklahoma. Esta expansión refleja el compromiso de la empresa de aumentar la producción de yodo para satisfacer la creciente demanda en diversas aplicaciones. Se espera que la nueva instalación aproveche la tecnología de extracción patentada de Iofina, consolidando aún más su posición como actor clave en el mercado mundial del yodo.

Oportunidades

• Aumento de los suplementos alimenticios para animales

The rising demand for iodine-containing feed additives in the livestock industry presents significant opportunities in the iodine market. Iodine is crucial for thyroid function and overall health in animals, leading to improved growth rates and reproductive performance. For instance, the use of iodized salt in cattle feed has been shown to enhance milk production and support healthy offspring in dairy farming. As livestock producers increasingly focus on optimizing animal health and productivity, the incorporation of iodine supplements into feed formulations is expected to rise. This trend not only boosts the iodine market but also aligns with the broader goal of sustainable agricultural practices.

• Expanding LCD Market

The expanding LCD market significantly boosts the iodine market, as iodine compounds are essential for producing polarizers used in LCD screens. The growing demand for high-resolution displays in smartphones, tablets, and televisions drives the need for efficient polarizing films. For instance, companies such as LG Display and Samsung are continuously innovating in LCD technology, enhancing display quality, which requires advanced iodine-based materials. Furthermore, the rise of the gaming and entertainment industries, which favor high-performance screens, further stimulates this demand. This trend creates substantial opportunities for iodine suppliers to cater to the electronics sector, fostering growth and innovation in the iodine market.

 Restraints/Challenges

• Volatility in Prices

Volatility in iodine prices poses a significant challenge to the market. Prices have fluctuated dramatically due to various factors, including supply chain disruptions, geopolitical tensions, and shifting demand dynamics. These fluctuations create uncertainty for manufacturers and end-users, complicating budgeting and financial planning. For instance, unexpected price surges can lead to increased production costs, adversely affecting profit margins and competitiveness. Furthermore, sustained price instability can deter long-term investment in production facilities and research and development, hindering innovation. As a result, the iodine market faces difficulties in achieving stable growth, as stakeholders are reluctant to commit resources amid ongoing price uncertainties.

• Supply Chain Disruptions

Supply chain disruptions significantly hinder the iodine market due to various factors. Natural disasters, such as earthquakes and hurricanes, can damage production facilities and transportation networks, leading to shortages. Geopolitical tensions and conflicts can result in trade restrictions, affecting the flow of iodine from major producing countries. In addition, logistical challenges, including port congestions and transportation delays, further exacerbate the issue. These disruptions not only affect the availability of iodine but also lead to increased production and transportation costs. As a result, market participants may face difficulties in meeting demand, ultimately hindering growth and stability within the iodine market.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Iodine Market Scope

The market is segmented on the basis of form, application, and source. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

• Underground Brines
• Seaweeds
• Caliche Ore
• Recycling

 Form

• Inorganic Salts and Complexes
• Elemental and Isotopes
• Organic Compound

Application

• Pharmaceuticals
• Biocides
• Iodophors
• X-Ray Contrast Media
• Catalyst in Polymer Processing
• Optical Polarizing Films
• Human Nutrition
• Fluorochemicals
• Animal Feed
• Others

Iodine Market Regional Analysis

The market is analysed and market size insights and trends are provided by form, application, and source as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the iodine market, driven by rising meat consumption and a growing poultry industry. The region's demand for iodine is fueled by its essential role in animal nutrition, improving livestock health and productivity. This trend is expected to continue during the forecast period, as increased focus on quality animal feed and dietary supplements further enhances the iodine market's growth prospects.

Europe is projected to observe a significant amount of growth in the iodine market, driven by rising healthcare expenses from government initiatives. The increasing prevalence of cancer patients is expected to further boost demand for iodine, as it plays a critical role in various medical applications, including diagnostics and treatment. This combination of factors positions the region for substantial growth in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Iodine Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Iodine Market Leaders Operating in the Market Are:

• SQM S.A. (Chile)
• ISE CHEMIVALS CORPORATION (Philippines)
• IOCHEM (U.S.)
• Algorta Norte (Chile)
• NIPPOH CHEMICALS CO. LTD. (Japan)
• Kanto Natural Gas Development Co. Ltd. (Japan)
• GODO SHIGEN Co., Ltd. (Japan)
• TOHO EARTH TECH, INC. (Japan)
• Deep Water Chemicals, Inc. (U.S.)
• Toyota Tsusho Corporation (Japan)
• AJAY-SQM Group (India)
• AZER-YOD LLC (Azerbaijan)
• ACF Minera S.A. (Peru)
• Prachi Pharmaceuticals Private Limited (India)
• Salvi Chemicals Industries Ltd. (India)

Latest Developments in Iodine Market

• In October 2023, Iofina announced its strategic plans to construct its 10th iodine extraction plant in a new location in Oklahoma. This expansion reflects the company's commitment to increasing iodine production to meet rising demand in various applications. The new facility is expected to leverage Iofina’s proprietary extraction technology, further solidifying its position as a key player in the global iodine market
• In June 2023, Iofina successfully commissioned its 6th iodine extraction plant in Oklahoma, utilizing its proprietary production technology to enhance efficiency. Following this, the company ramped up production, benefitting from consistently high iodine prices throughout the year. This operational success translated into increased profitability for Iofina in 2023, allowing the company to solidify its market presence and expand its capabilities in iodine extraction
• In May 2023, REMONDIS SE & Co. KG, based in Germany, commissioned a pioneering new plant aimed at recovering iodine from flue gas produced during the incineration of hazardous waste. This initiative is part of REMONDIS’s sustainability goals, contributing to the circular economy by promoting responsible waste management. The innovative technology employed at the plant not only enhances resource recovery but also supports environmental protection efforts
• In October 2022, SQM S.A. solidified its position in the iodine market by signing a multi-year agreement with GE Healthcare to supply iodine for contrast media applications. This partnership is critical as iodine plays a vital role in supporting Computed Tomography (CT) imaging procedures and X-ray contrast media products. The agreement ensures a consistent year-on-year supply of iodine, enhancing SQM's product offerings in the healthcare sector
• In March 2022, in response to the heightened security concerns following Moscow's invasion of Ukraine, the European Commission accelerated plans to enhance the EU's health response to potential nuclear incidents. Efforts include persuading EU member states to stockpile essential supplies such as iodine pills and protective clothing. This initiative aims to bolster public safety and preparedness in the face of possible nuclear threats in the region
• In February 2022, Tata Consumer Products launched 'Shuddh By Tata Salt,' a new iodized salt brand targeting regional markets in India. This product is designed to provide consumers with affordable access to high-quality iodized salt, which is essential for preventing iodine deficiency. By introducing Shuddh, Tata aims to cater to health-conscious consumers while enhancing its portfolio in the competitive salt market across the country

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