Potassium Iodide Market By Reports And Data
Potassium Iodide Market To
Reach USD 1.38 Billion By 2027
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Market Summary
Surging demand from the pharmaceutical industry is one of the
significant factors influencing the market growth.
Market Size – USD 756.2 Million in 2018, Market Growth - CAGR
of 6.8%, Market Trends – Growing demand for treatment of
various skin conditions
The global potassium iodide market is expected to reach USD
1.38 Billion by 2027, according to a new report by Reports and
Data. The growth of the industry is attributed to the growing
application of potassium iodide amongst end-user industries.
Potassium iodide finds usage in combination with anti-thyroid
medicines to make arrangements for surgical removal of the
thyroid gland and treat specific conditions of hyperthyroidism,
among others. In cases of exposure to radiation, potassium
iodide prevents the thyroid from absorbing radioactive iodine,
thereby protecting it from damage and decreasing the risk of
occurrence of thyroid cancer.
M a Orkuetr S Aumpmparroyach
Potassium iodide finds widespread application as an intravascular contrast medium for medical imaging
applications. It is deployed in the X-ray-based imaging procedures, including radiography and computed
tomography, for improving the visibility of internal structures.
Potassium iodide is applied as a mucoactive agent for people suffering from chronic breathing disorders,
such as bronchitis, asthma, and emphysema. It function by loosening the mucus that accumulates in the
lungs so that it can then pass through the windpipe and eliminated from the human body.
Additionally, a potassium iodide saturated solution is an essential drug in the therapeutic process by a
dermatologist and is beneficial for the treatment of various conditions owing to its immunomodulatory
properties.
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M a r kOeut Sru Ampmparyoach
Key participants include Merck Millipore, Adani Pharmaceuticals, Nippoh Chemicals Company Limited, Iofina
PLC, GODO SHIGEN Company Limited, Hanwei Chemical, JIODINE Chemical, Boyuan Pharmaceutical, William
Blythe, and Lingang Chemical, among others.
For the purpose of this report, Reports and Data have segmented the global potassium iodide market on the
basis of application, distribution channel, industry vertical, and region:
Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Adsorbent & Absorbent
• Corrosion Inhibitors & Anti-Scaling Agents
• Intermediates
• Finishing Agents
• Plasticizers
• Surface Treating Agents
• Others
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Online
• Offline
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Industry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Pharmaceutical
• Electrical & Electronics
• Chemical
• Personal Care
• Water Treatment
• Others
Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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About Us
A b oOuutr U Aspproach
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