Iodine Market Analysis, Industry Size, Overview, Segmentation and Geographical Forecast
Global Iodine Market Overview Components, with multiple benefits, are rarely widely available. Iodine contradicts the notion with its widespread usage across industrial verticals, and it is readily available with a cost-efficient tag on it. The global iodine market can escalate to a valuation of USD 1,073.7 million by 2023, growing at a high CAGR during the forecast period (2018-2023). Iodine’s proliferation in sectors from nutrition to healthcare and even in imaging technology has already given it a vast horizon to explore its market potential. An essential nutritional component, iodine works in X-ray contrast media as a tracer radioactive and as an anti-thyroid element in pharmaceuticals. Iodine’s percolation in imaging technology has elaborated the scope of iodine market further with each passing day experiencing a rise in LCD screen consumption. What can further cement the iodine market growth is its monopoly; without an appropriate substitute, iodine can command the market s