Innovation to leave an indelible mark on the iodine market at a cagr …
The global iodine market estimated to be valued at approximately US$ 2 Bn by 2031, driven by increasing use of iodine as a contrast imaging agent across the globe, and also as industrial catalyst and sterilizing agent. The iodine industry is expected to rise at a CAGR of 4.1% in terms of value over the decade. 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 luster. 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.
The global iodine market estimated to be valued at approximately US$ 2 Bn by 2031, driven by increasing use of iodine as a contrast imaging agent across the globe, and also as industrial catalyst and sterilizing agent. The iodine industry is expected to rise at a CAGR of 4.1% in terms of value over the decade. 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 luster. 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.