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.
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.
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.
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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The report presents a panoramic view of the competitive landscape of the Potassium Iodide market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Potassium Iodide market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
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 a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Potassium Iodide market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
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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
- Finishing Agents
- Surface Treating Agents
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
Industry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
- Electrical & Electronics
- Personal Care
- Water Treatment
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of Global Potassium Iodide Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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