Iodine Market Share, Size, Trend, Forecast, & Industry Analysis – 2022-2030
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