Potassium Iodate Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics and Segmentation

Potassium Iodate Market was valued at US$ 840.78 Mn. in 2020. Global Potassium Iodate Market size is estimated to grow at a CAGR of 6.54 %.

Potassium Iodate Market Overview:

Potassium iodate is an oxidizing agent, which catches fire when it comes in contact with a reducing agent. It is widely accepted as an additive to enhance iodine levels in human body. It is a chemical, which is white in color, odourless and insoluble in water. Potassium iodate is stable source of iodine, which is used as an oxidizing agent in the estimation of hydrolysable tannins. Potassium iodate is used for iodization of edible common salt. It also used as feed additives and maturing agents. It is used as dough conditioner in bread manufacturing. In the developing country like India, Tata Chemical Ltd., Captain cook and other major key players and small-scale industries are consuming potassium iodate for salt iodization, which is boosting the production of Potassium iodate. Potassium Iodate Market To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2027. 2020 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020, the effect of lockdown on the demand and supply, and the impact of lockdown for the next two years on the market.

Potassium Iodate Market Dynamics:

Usages of potassium iodate in agricultural industries and preference of stable form of iodine to prevent animal disease and iodine deficiency are some of the prominent factors behind the market growth. The demand for potassium iodate or chemicals depends on its different uses in industries like, water treatment, food preservation, agriculture, medical, industrial. The non-flammable and compressed characteristics of potassium iodate are playing the major key role in the many end user industries that drive its demand. The expansion of the pharmaceutical and suitable properties of potassium iodate in the iodine deficiencies are boosting its demand in manufacturing of antiseptics, disinfectants, and deodorants. Benefits offered by Potassium iodate drives the production Potassium iodate is used in the iodination of table salt because iodide can be oxidised by molecular oxygen to iodine under wet conditions. It has wide usage scope in the analysis of testing arsenic and zinc. It is used in the iodometry in medicine manufacturing. It is used in food as a maturing agent and dough conditioner. Potassium iodate is used in the food and healthcare industry. It is used as an additive to raise herbage iodine levels. In the food industry, potassium iodate is used as a source for dietary iodine. Potassium iodate plays a vital role in strengthening and oxidizing agents for food ingredient almost immediately after mixing. It speeds up the responses, which permit the dough to rise in the course of baking. The demand for additives in various food product manufacturing which delivers enhanced quality is expected to boost industry growth. On the other hand, major side effect related to the incorporation of the potassium iodate production is expected to limit the market growth in the near future. The report covers the detail analysis of the market dynamics like drivers, restraints, opportunities and challenges by each region.

Potassium Iodate Market Segment Analysis:

Based on the application, Potassium Iodate Market is segmented into chemical industry, agriculture industry, pharmaceutical industry and others. The agriculture industry is expected to contribute more than 30% share in the market. high demand for the potassium iodate product in agriculture is bending interest of the manufacturer to produce food preservative product to increase the self of life and protection against microbial attack. Irrigating with iodine derivatives, mainly potassium iodate can provide similar benefits to fertilization with iodate salts. World Health Organization has interested in biofortification through irrigation with iodine derivatives. The Potassium Iodate is used in agriculture as a stable form of iodine to correct iodine deficiency and prevent various animal diseases for animal.

Potassium Iodate Market Regional Insights:

Asia Pacific region is projected to be leading region in the global potassium iodate market. The rapid expansion of the end user industries like food, pharmaceutical, chemical, and agricultural industry across developing economies like India, China, Japan are expected to drive the regional market growth. The rapid industrialization and thriving pharmaceutical increase the production of the potassium iodate. In India, the Govt. of India has passed an act to iodize the common edible salt with the consideration of health factors of Indian people. The export of salt is unlocked in international market only when the salt is iodized as per ISO 9000 specification. There are 26 manufacturing units producing Potassium Iodate to fulfil the requirement for skyrocketing demand across country. The objective of the report is to present a comprehensive analysis of the global Potassium Iodate Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Potassium Iodate Market dynamic, structure by analyzing the market segments and projecting the Potassium Iodate Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the Potassium Iodate Market make the report investor’s guide.

Global Potassium Iodate Market Scope: Inquire before buying

Global Potassium Iodate Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 840.78 Mn.
Forecast Period 2021 to 2027 CAGR: 6.54% Market Size in 2027: US $ 1310.14 Mn.
Segments Covered: by Type • Pharmaceutical Grade Potassium Iodate • Industrial Grade Potassium Iodate • Feed Grade Potassium Iodate
by Application • Chemical Industry • Agriculture Industry • Pharmaceutical Industry • Others

Global Potassium Iodate Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Global Potassium Iodate Market Key Players

• Chongqing Changyuan Chemical Corporations Limited • Tianjin Chemical Industry Co., Ltd • Boyuan Pharmaceutical and Chemical • Jiangxi Shengdian SandT • Youlian Fine Chemical • Tocean Iodine Products • Honghe Pharmacy • Omkar Chemicals • Hanwei Chemical • Micron Laboratories • Triveni Chemicals • Adani Pharma • Jindian Chemical • Iofina • Shengdian S&T • Uquifa • Triveni Chemicals • Changyuan Chemical • Adani Pharma • Chemicals India Company Frequently Asked Questions: 1] What segments are covered in the Potassium Iodate Market report? Ans. The segments covered in the Potassium Iodate Market report are based on Type and Application. 2] Which region is expected to hold the highest share in the Potassium Iodate Market? Ans. The Asia Pacific region is expected to hold the highest share in the Potassium Iodate Market. 3] What is the market size of the Potassium Iodate Market by 2027? Ans. The market size of the Potassium Iodate Market by 2027 is US$ 1310.14 Mn. 4] What is the forecast period for the Potassium Iodate Market? Ans. The forecast period for the Potassium Iodate Market is 2020-2027. 5] What was the market size of the Potassium Iodate Market in 2020? Ans. The market size of the Potassium Iodate Market in 2020 was US$ 840.78 Mn.
1. Global Potassium Iodate Market Size: Research Methodology 2. Global Potassium Iodate Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Potassium Iodate Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Potassium Iodate Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Potassium Iodate Market Size Segmentation 4.1. Global Potassium Iodate Market Size, by Type (2020-2027) 4.1.1. Pharmaceutical Grade Potassium Iodate 4.1.2. Industrial Grade Potassium Iodate 4.1.3. Feed Grade Potassium Iodate 4.2. Global Potassium Iodate Market Size, by Application (2020-2027) • Chemical Industry • Agriculture Industry • Pharmaceutical Industry • Others 5. North America Potassium Iodate Market (2020-2027) 5.1. North America Potassium Iodate Market Size, by Type (2020-2027) • Pharmaceutical Grade Potassium Iodate • Industrial Grade Potassium Iodate • Feed Grade Potassium Iodate 5.2. North America Potassium Iodate Market Size, by Application (2020-2027) • Chemical Industry • Agriculture Industry • Pharmaceutical Industry • Others 5.3. North America Potassium Iodate Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Potassium Iodate Market (2020-2027) 6.1. European Potassium Iodate Market, by Type (2020-2027) 6.2. European Potassium Iodate Market, by Application (2020-2027) 6.3. European Potassium Iodate Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Potassium Iodate Market (2020-2027) 7.1. Asia Pacific Potassium Iodate Market, by Type (2020-2027) 7.2. Asia Pacific Potassium Iodate Market, by Application (2020-2027) 7.3. Asia Pacific Potassium Iodate Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Potassium Iodate Market (2020-2027) 8.1. The Middle East and Africa Potassium Iodate Market, by Type (2020-2027) 8.2. The Middle East and Africa Potassium Iodate Market, by Application (2020-2027) 8.3. The Middle East and Africa Potassium Iodate Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Potassium Iodate Market (2020-2027) 9.1. Latin America Potassium Iodate Market, by Type (2020-2027) 9.2. Latin America Potassium Iodate Market, by Application (2020-2027) 9.3. Latin America Potassium Iodate Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Chongqing Changyuan Chemical Corporations Limited 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Tianjin Chemical Industry Co., Ltd Themedica 10.3. Boyuan Pharmaceutical and Chemical 10.4. Jiangxi Shengdian SandT 10.5. Youlian Fine Chemical 10.6. Tocean Iodine Products 10.7. Honghe Pharmacy 10.8. Omkar Chemicals 10.9. Hanwei Chemical 10.10. Micron Laboratories 10.11. Triveni Chemicals 10.12. Adani Pharma 10.13. Jindian Chemical 10.14. Iofina 10.15. Shengdian S&T 10.16. Uquifa 10.17. Triveni Chemicals 10.18. Changyuan Chemical 10.19. Adani Pharma 10.20. Chemicals India Company

About This Report

Report ID 71454
Category Material & Chemical
Published Date September 2020
Updated Date Feb 2022
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