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US Iodine Market Size 2025-2029

The US iodine market size is forecast to increase by USD 60 million at a CAGR of 4.5% between 2024 and 2029.

The Iodine market in the US is experiencing significant growth, driven primarily by the expanding smartphone industry. Iodine is an essential component in the production of various electronic devices, including smartphones, making it a vital element in the technology sector's expansion. Another key trend shaping the market is the increasing adoption of iodine recycling processes, which not only reduces the environmental impact but also offers cost savings for manufacturers.
However, the market faces challenges, including the periodic fluctuation in iodine prices, which can pose risks for businesses relying on stable supply chains. Effective price risk management strategies and diversification of supply sources are crucial for companies seeking to mitigate these challenges and capitalize on the market's growth opportunities.

What will be the size of the US Iodine Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic US market, iodine and its derivatives continue to play a pivotal role in various industries. Iodine-containing catalysts and organic chemistry applications contribute significantly to industrial production. In healthcare, iodine is essential for hospital infection control, as an X-ray contrast agent in diagnostic imaging, and as a critical component in thyroid cancer treatment and radioisotope therapy. Iodine-based polymers find applications in food safety, water quality testing, and water treatment. Anti-infective drugs, iodine-mediated reactions, and iodine-containing pharmaceuticals are integral to medical research and development.
Iodine-based sensors are vital in material science, environmental monitoring, air quality monitoring, and soil analysis. Additionally, iodine is used in CT scans, chemical reactions, and anti-parasitic drugs. The market for iodine-based products continues to expand, with ongoing research and development in diagnostics, analytical chemistry, and nuclear medicine.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Source

  Underground brine
  Caliche ore


Form Factor

  Organic compounds
  Inorganic salts and complexes
  Elementals and isotopes


Application

  Medical
  Optical polarizing films
  Fluorochemicals
  Biocides
  Others


Geography

  North America

    US

By Source Insights

The underground brine segment is estimated to witness significant growth during the forecast period.

Iodine is a crucial element with various applications in the US market, primarily sourced from underground brines. These brines, found in regions with salt deposits or near oceanic areas, contain dissolved iodine compounds. For instance, the Anadarko Basin in Oklahoma hosts the largest iodine mining brine in the US, with around 300 parts per million (ppm) of iodine. The extraction process begins with drilling wells to extract the brine. Subsequently, impurities are removed, and the iodine content is concentrated through various purification methods. Iodine is then isolated using techniques such as chemical synthesis or brine extraction. The isolated iodine is available in various forms, including iodine tablets, potassium iodide, nutritional supplements, and industrial grade iodine.

Iodine's antiseptic properties make it essential in healthcare applications, such as iodine ointment and iodine tincture, while iodine crystals and iodine-based polymers are used in industrial applications. Regulatory bodies like the FDA and EU enforce strict regulations on iodine production, ensuring quality control and safety. Iodine's environmental impact is a concern, with iodine emissions a significant issue. However, sustainability practices and advancements in iodine waste management are mitigating these concerns. Iodine's anti-inflammatory activity and role in goiter prevention have led to its inclusion in food fortification, such as iodized salt. Pharmaceutical grade iodine is used in the production of iodine patches and solutions for thyroid health and wound healing.

New applications, such as iodine catalysts and iodine-containing compounds, are continually emerging. Iodine's antiviral and antimicrobial activity is also gaining attention in the healthcare sector. In the food industry, dietary iodine is essential for maintaining thyroid health. Iodine deficiency can lead to various health issues, including goiter. The global iodine market is expected to grow due to increasing awareness and demand f

In February 2023, the iodine price reached $60,606 per ton (CIF, US), a 3.9% increase from the previous month.

Statistics illustrates monthly prices of iodine in Georgia from January 2019 to May 2025.

Statistics illustrates monthly prices of iodine in Eritrea from January 2019 to June 2025.

The iodine and iodine derivatives market, valued at $4763 million in 2025, is projected to experience steady growth, driven by increasing demand across diverse sectors. The Compound Annual Growth Rate (CAGR) of 2.9% from 2025 to 2033 indicates a consistent expansion, fueled primarily by the pharmaceutical industry's reliance on iodine for contrast agents in medical imaging procedures. Furthermore, the growing use of iodine in disinfectants and sanitizers, particularly within healthcare settings and water treatment facilities, is contributing significantly to market growth. Other key application areas include animal feed supplements and industrial catalysts, adding to the market's overall robustness. Competitive pressures among major players like SQM, Cosayach, and Ise Chemicals, alongside emerging players in regions like Asia-Pacific, are shaping market dynamics. While potential supply chain disruptions and fluctuating raw material prices could pose challenges, the inherent versatility of iodine and its crucial role in several essential applications are anticipated to ensure consistent demand throughout the forecast period. The market segmentation, though not explicitly provided, can be logically inferred. We can anticipate segments based on application (pharmaceutical, industrial, agricultural, etc.) and geographical region. Considering the global presence of listed companies, regional variations in demand are expected, with North America and Europe likely holding significant market shares initially, followed by a gradual rise in Asia-Pacific due to increasing industrialization and population growth. This expanding demand will likely encourage the development of more sustainable and cost-effective iodine extraction and production methods, further influencing market dynamics. The historical data (2019-2024) would inform a more precise analysis of past trends, confirming the overall projected growth trajectory. Furthermore, specific regulatory changes affecting iodine usage in various regions need to be factored for a comprehensive market analysis.

The iodine market, exhibiting a Compound Annual Growth Rate (CAGR) of 5.48% from 2019 to 2024, is poised for continued expansion through 2033. This growth is driven by increasing demand from diverse sectors including pharmaceuticals (especially in contrast media and disinfectants), animal feed supplements (for thyroid function in livestock), and the chemical industry (as a catalyst and reagent). The rising global population and consequent increased healthcare needs significantly contribute to the market's expansion. Furthermore, technological advancements leading to more efficient iodine extraction and production processes, along with the growing awareness of iodine deficiency disorders (IDDs) and their impact on public health, fuel market growth. However, price fluctuations in raw materials and stringent environmental regulations surrounding iodine production present challenges to sustained growth. The market is segmented based on application (pharmaceuticals, animal feed, chemicals, etc.), type (iodide, iodate, etc.), and geography. Major players, including SQM SA, Iofina, and Godo Shigen Co Ltd, are actively involved in market consolidation and strategic partnerships to enhance their market share and product offerings. The market shows regional variations in growth, with developed economies like North America and Europe exhibiting steady growth, while developing economies in Asia-Pacific are projected to witness faster expansion, driven by increasing industrialization and rising disposable incomes. The forecast period (2025-2033) anticipates consistent growth, albeit potentially at a slightly moderated rate compared to the historical period. This moderation could be attributed to factors like market saturation in certain segments and ongoing regulatory scrutiny. Nevertheless, the expanding pharmaceutical and animal feed sectors, along with the development of new applications for iodine in emerging fields like advanced materials and electronics, suggest robust growth potential for the long term. Companies are increasingly focusing on sustainable and environmentally friendly iodine production methods, reflecting growing environmental awareness and a desire to mitigate the associated risks. Strategic acquisitions and joint ventures are also expected to influence market dynamics in the coming years, leading to greater market concentration amongst leading players. Recent developments include: The recent developments pertaining to the major players in the market will be covered in the complete study.. Key drivers for this market are: Increasing Demand in X-ray Contrast Media, Growing Iodine Deficiency Among People. Potential restraints include: Increasing Demand in X-ray Contrast Media, Growing Iodine Deficiency Among People. Notable trends are: The Medical Segment is Expected to Dominate the Market.

Statistics illustrates monthly prices of iodine in Burundi from January 2019 to June 2025.

Russia Avg Consumer Price: Medicines: Iodine data was reported at 14.660 RUB/10 ml in Jan 2019. This records an increase from the previous number of 14.230 RUB/10 ml for Dec 2018. Russia Avg Consumer Price: Medicines: Iodine data is updated monthly, averaging 5.700 RUB/10 ml from Jan 1995 (Median) to Jan 2019, with 289 observations. The data reached an all-time high of 14.660 RUB/10 ml in Jan 2019 and a record low of 0.390 RUB/10 ml in Jan 1995. Russia Avg Consumer Price: Medicines: Iodine data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PA016: Average Consumer Price: Medical Goods.

ObjectiveThe objective of this study was to assess the global burden of disease for developmental and intellectual disabilities caused by iodine deficiency from 1990 to 2019.MethodsUsing data from the global burden of disease (GBD) 2019, we conducted a cross-country inequity analysis to examine the worldwide burden of developmental and intellectual disabilities caused by the issue of iodine deficiency from 1990 to 2019. Absolute and relative inequality were assessed by the slope index of inequality and the concentration index, respectively. After summarising the latest evidence, we also projected the age-standardized prevalence and years lived with disability (YLD) rates up to 2030 using the BAPC and INLA packages in R statistical software.ResultsIn 2019, the global age-standardized prevalence and YLD rates for developmental and intellectual disabilities due to iodine deficiency were 22.54 per 100,000 population (95% UI 14.47 to 29.23) and 4.12 per 100,000 population (95% UI 2.25 to 6.4), respectively. From 1990 to 2019, the age-standardized prevalence and YLD rates of developmental and intellectual disabilities due to iodine deficiency decreased significantly. Geographic distribution showed that areas with lower socio-demographic indices (SDI) were the most affected. The correlation between higher SDI and lower prevalence highlights the role of economic and social factors in the prevalence of the disease. Cross-national inequity analysis shows that disparities persist despite improvements in health inequalities. In addition, projections suggest that the disease burden may decline until 2030.ConclusionThis research underscores the necessity for targeted interventions, such as enhancing iodine supplementation and nutritional education, especially in areas with lower SDI. We aim to provide a foundation for policymakers further to research effective preventative and potential alternative treatment strategies.

The US iodine market, valued at $231.26 million in 2025, is projected to experience steady growth, driven by increasing demand across diverse sectors. A compound annual growth rate (CAGR) of 4.62% from 2025 to 2033 indicates a promising future for this market. Key application areas like medical imaging, the production of optical polarizing films crucial for LCD screens, and the manufacturing of fluorochemicals used in various industrial applications are significant contributors to market growth. Furthermore, the rising adoption of iodine-based biocides in water treatment and other disinfecting applications fuels market expansion. The market segmentation reveals significant contribution from organic compounds and inorganic salts and complexes within the form factor category and medical and optical polarizing films dominating application segments. The underground brine extraction method remains a prominent source for iodine production, though caliche ore also contributes a substantial share. Competitive dynamics within the market are shaped by the strategies of leading companies, encompassing pricing strategies, technological innovation, and geographic expansion. Industry risks, such as price fluctuations in raw materials and stringent regulatory requirements, need to be considered. The historical period of 2019-2024 provides a valuable baseline to understand the market's trajectory, indicating consistent growth, setting the stage for continued expansion in the forecast period (2025-2033). The US iodine market's growth is influenced by factors like technological advancements in iodine applications, the increasing focus on public health and improved healthcare infrastructure, and rising industrial activity. However, challenges remain; these include potential supply chain disruptions, the environmental impact of extraction methods, and ongoing research into alternative materials. Effective risk management strategies by companies and proactive government regulations will be crucial for sustainable market growth. The detailed regional analysis within the US market, while not provided explicitly in the initial data, is essential for a comprehensive understanding of market distribution and potential growth pockets within the country. Further research into specific regional dynamics would be valuable in identifying opportunities for market expansion.

Statistics illustrates monthly prices of iodine in Bhutan from January 2019 to May 2025.

BackgroundUnderstanding the national burdens and trends of micronutrient deficiencies can help guide effective intervention strategies. However, there is a lack of evidence of secular trends and age and sex differences in China. This study aims to elucidate trends in common micronutrient deficiencies, in particular, dietary iron, iodine and vitamin A deficiencies in China, from 1990 to 2019 using Global Burden of Disease (GBD) 2019 study data.MethodsPrevalence and DALYs trends of common micronutrient deficiencies from 1990 to 2019 were assessed by joinpoint regression analysis. Age, period and cohort effects on the prevalence of common micronutrient deficiencies were estimated by an age-period-cohort model.ResultsFrom 1990 to 2019, the age-standardized prevalence rates of iodine, vitamin A and dietary iron deficiencies changed by −0.6% (95% CI: −0.7% to −0.5%), −6.3% (−6.6% to −6.0%), and −3.5% (−3.6% to −3.4%) in males and + 0.8% (+ 0.6% to + 1.0%), −4.5% (−4.8% to −4.2%), and −3.3% (−3.4% to −3.2%) in females, respectively. The average annual percent change (AAPC) in the iodine deficiency prevalence increased in females aged 20 years and older. The relative risk (RR) of iodine deficiency associated with the age effect peaked at 30–34 years of age and then decreased with increasing age. The RR of vitamin A deficiency decreased with age. The age distribution of the RR of iron deficiency differed significantly between sexes. The RRs of vitamin A deficiency and dietary iron deficiency decreased over time, whereas the RR of iodine deficiency substantially increased starting in 2004. The RRs of iodine deficiency and dietary iron deficiency associated with the cohort effect decreased, but the vitamin A deficiency prevalence increased in successive birth cohorts.ConclusionMicronutrient deficiency prevalence rates and associated DALYs decreased from 1990 to 2019 in China. Young adults, children aged less than 5 years, and older individuals were disproportionately affected by iodine, vitamin A, and dietary iron deficiencies, respectively. The results of this study may help identify individuals who would benefit from interventions to improve micronutrient deficiency.

The urine iodine detector market is experiencing robust growth, driven by increasing awareness of iodine deficiency disorders (IDDs) globally and the rising adoption of point-of-care diagnostics. The market's expansion is fueled by advancements in detector technology, leading to more accurate, rapid, and cost-effective testing methods. Government initiatives promoting iodine supplementation and screening programs in developing countries, particularly those with high prevalence of IDDs, are significantly boosting market demand. Furthermore, the growing prevalence of thyroid disorders, a direct consequence of iodine deficiency, is creating a substantial need for accurate and timely iodine level assessments. While the precise market size in 2025 is unavailable, considering a reasonable CAGR (let's assume 8% based on similar diagnostic markets) and a starting point (let's estimate the 2019 market size at $50 million), the 2025 market size could be estimated around $80 million. This figure is further bolstered by the presence of several key players like Halma and RF Surgical Systems, indicating a level of market maturity and investment. Despite this positive outlook, the market faces certain challenges. High initial investment costs associated with purchasing sophisticated detectors can hinder adoption, particularly in resource-constrained settings. Additionally, the reliance on skilled personnel for accurate interpretation of results poses a barrier to widespread accessibility. Furthermore, the development and regulatory approval of new technologies may experience delays, influencing the overall market growth trajectory. Future market expansion will depend on addressing these restraints through technological advancements, cost reduction strategies, and development of user-friendly devices that require minimal training for operation. Continued research and development in more sensitive and portable detection methods will further drive market penetration in underserved areas.

Russia Avg Producer Price: OKPD2: Medicines & Medical Supplies: Iodine data was reported at 6.120 RUB in Jan 2019. This records a decrease from the previous number of 6.260 RUB for Dec 2018. Russia Avg Producer Price: OKPD2: Medicines & Medical Supplies: Iodine data is updated monthly, averaging 5.090 RUB from Jan 2017 (Median) to Jan 2019, with 25 observations. The data reached an all-time high of 6.260 RUB in Dec 2018 and a record low of 3.240 RUB in Jun 2017. Russia Avg Producer Price: OKPD2: Medicines & Medical Supplies: Iodine data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PB014: Average Producer Price: Medicines, Detergents and Cosmetics.

Russia Consumer Price Index (CPI): Weights: Non Food: Medicines: Iodine data was reported at 0.040 % in 2019. This records an increase from the previous number of 0.036 % for 2018. Russia Consumer Price Index (CPI): Weights: Non Food: Medicines: Iodine data is updated yearly, averaging 0.029 % from Dec 2012 (Median) to 2019, with 8 observations. The data reached an all-time high of 0.040 % in 2019 and a record low of 0.027 % in 2013. Russia Consumer Price Index (CPI): Weights: Non Food: Medicines: Iodine data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA027: Consumer Price Index: Weights.

The global market size of Lithium Iodide Anhydrate is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Lithium Iodide Anhydrate Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Lithium Iodide Anhydrate industry. The key insights of the report:
1.The report provides key statistics on the market status of the Lithium Iodide Anhydrate manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Lithium Iodide Anhydrate industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Lithium Iodide Anhydrate Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Lithium Iodide Anhydrate as well as some small players. At least 11 companies are included:
* Albemarle
* American Elements
* Leverton Lithium
* Shanghai China Lithium
* Triveni Chemicals
* HUIZHI Lithium
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Lithium Iodide Anhydrate market
* Purity98%
* Purity=98%
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Chemical
* Pharmaceuticals
* Electrolyte
* Other

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

The global lead iodide market is experiencing steady growth, driven by increasing demand across diverse applications. While precise market size figures for 2019-2024 aren't provided, industry analysis suggests a considerable market, likely in the hundreds of millions of dollars, given the established players and application areas. Assuming a conservative estimate of $250 million in 2025 as a base year, and a Compound Annual Growth Rate (CAGR) of, say, 5% (a reasonable estimate given moderate growth in related chemical markets), the market is projected to reach approximately $330 million by 2033. This growth trajectory is fueled by several key drivers: the expanding printing industry's use of lead iodide in specialized inks and toners, the continued demand in bronzing applications, and the exploration of novel applications in emerging fields. Segmentation by purity level (99%, 99.9%, 99.99%, 99.999%, and others) further defines market dynamics, with higher purity grades commanding premium prices. The geographical distribution is likely skewed towards regions with established chemical manufacturing and strong downstream industries, such as North America, Europe, and Asia-Pacific. However, market growth is subject to certain restraints. Fluctuations in lead and iodine prices, environmental regulations concerning heavy metal use, and the potential emergence of substitute materials could influence the market trajectory. Nevertheless, the established applications and ongoing research into new uses suggest that the market will continue to expand, albeit at a moderate pace. Key players in the market, including American Elements, Materion, City Chemical, Alfa Aesar, Tokyo Chemical Industry, and Merck, are strategically positioned to capitalize on these opportunities, competing based on product quality, pricing, and regional reach. The ongoing research and development efforts in the field could lead to new applications and drive further growth in the future. This report provides a detailed analysis of the global lead iodide market, projecting substantial growth in the coming years. We delve into production volumes, market segmentation, key players, and future trends, offering invaluable insights for businesses operating within this niche chemical sector. High-purity lead iodide, crucial in specialized applications, is driving market expansion, alongside innovative applications in burgeoning industries.

Statistics illustrates consumption, production, prices, and trade of Iodine in Indonesia from Jan 2019 to Jun 2025.

The cobalt iodide market is experiencing robust growth, driven by increasing demand across diverse applications. While precise market size data for 2025 is unavailable, considering a conservative CAGR of 5% (a reasonable estimate given the growth potential in specialized chemical markets), and assuming a 2019 market size of $50 million (a plausible figure based on the high concentration in niche segments and the listed companies), we can project a 2025 market size of approximately $70 million. This growth is fueled primarily by the burgeoning hygrometer and catalyst sectors, which constitute the dominant application segments. The high concentration within these segments points to a market characterized by specialized suppliers catering to specific customer needs. Technological advancements in material science and the rising adoption of cobalt iodide in high-precision instruments and chemical processes further contribute to market expansion. However, potential restraints include the inherent volatility of raw material prices (cobalt and iodine) and the stringent regulatory environment governing the handling and disposal of certain chemical compounds. Geographical distribution indicates a strong presence in North America and Europe, with Asia-Pacific showing significant growth potential given the expanding manufacturing base in regions like China and India. The competitive landscape comprises both established chemical manufacturers and specialized suppliers, emphasizing the need for continuous innovation and a strong supply chain to sustain market leadership. Future growth will likely be shaped by the development of new applications, particularly in emerging technologies such as advanced energy storage and specialized electronics manufacturing, necessitating strategic partnerships and R&D investments within the industry.

The global sodium iodide powder market is experiencing robust growth, driven by increasing demand across diverse sectors. While precise market size figures for 2019-2024 are unavailable, a reasonable estimation, considering the growth trajectory of related chemical markets and the expanding applications of sodium iodide, places the market size at approximately $250 million in 2025. This represents a significant expansion from previous years. The market is projected to experience a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033, indicating continued market expansion and substantial growth opportunities. Key drivers include the expanding medical imaging industry, particularly in emerging economies, where demand for radiopharmaceuticals is on the rise. The increasing use of sodium iodide in geological exploration and security inspection applications also contributes to market growth. Technological advancements in purification processes and the development of high-purity sodium iodide are further fostering market expansion. However, potential price fluctuations in raw materials and stringent regulatory guidelines related to handling and disposal of chemical compounds present potential restraints. The market segmentation reveals a varied application landscape. The medical industry holds a dominant share, owing to the crucial role of sodium iodide in radioisotope production for diagnostic imaging. Physics experiments, geological exploration, and security inspection represent other significant segments, each contributing to market growth. North America and Europe currently dominate the market due to established healthcare infrastructure and advanced research facilities. However, Asia Pacific is projected to experience the fastest growth during the forecast period, fueled by rising disposable incomes, expanding healthcare sectors, and increasing industrialization in countries like China and India. The competitive landscape is marked by the presence of both established chemical manufacturers and specialized suppliers, ensuring a wide availability of products with varying purity levels to meet diverse application requirements.