Global Iodine Market 2018-2022| Growth of the Smartphone Industry to Boost Growth| Technavio

Technavio has published a new market research report on the global iodine market from 2018-2022. (Graphic: Business Wire)

LONDON--()--Technavio analysts forecast the global iodine market to grow at a CAGR of close to 4% during the period 2018-2022, according to their latest market research report.

Recycling of iodine is one of the major trends being witnessed in the global iodine market. Many iodine producers have recycling facilities. In such recycling facilities, iodine and its derivatives are recovered from iodine waste streams. In 2017, iodine recycling accounted for 17% of world iodine sales. In 2017, countries such as Japan held a major share of 70% of the total iodine recycled.

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In this report, Technavio analysts highlight the growth of the smartphone industry as a key factor contributing to the growth of the global iodine market:

Global iodine market: Growth of the smartphone industry

The display in smartphone touchscreens consists of liquid crystals that are activated by the electric current. Depending on the activation state of the crystals, these liquid crystals block or allow polarized light to pass through.

According to a senior market research analyst at Technavio, “Polarizing films are used to increase the visibility of the image created on the liquid crystal display. Iodine-containing polarizing films are made by absorbing iodine onto a stretched polyvinyl alcohol surface.”

Global iodine market: X-ray contrast media segment leads the market

This market research report segments the global iodine market into the following applications (X-ray contrast media, pharmaceuticals, LCD and LED screens, and nutrition) and key regions (the Americas, APAC, and EMEA). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the four major applications, the X-ray contrast media segment held the largest market share in 2017, contributing to nearly 23% of the market. The market share occupied by this segment is expected to increase by 2022.

EMEA was the leading region for the global iodine market in 2017. It accounted for a market share of approximately 42%. It was followed by APAC and the Americas. APAC is expected to project the fastest growth during the period 2018-2022.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

Technavio analysts forecast the global iodine market to grow at a CAGR of close to 4% during 2018-2022, according to their latest report.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200