Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Potassium Iodide Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Potassium Iodide Industry in 2024 and 2025?
The market size of Potassium Iodide has seen a substantial expansion in the past years. It is projected to increase from $0.97 billion in 2024 to $1.03 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.5%.
What Is the Projected Market Size of the Potassium Iodide Market in 2029?
By 2029, the Potassium Iodide market is expected to grow to a size of $1.36 billion, with a compound annual growth rate (CAGR) of 7.0%.
Download the Free Sample Now:
What Are the Key Drivers of Potassium Iodide Market Growth?
The key Drivers in the potassium iodide market are:
• Rising demand for nutritional supplements
• Growing awareness about the importance of nutrition for health maintenance
• Increased focus on preventive healthcare and lifestyle changes leading to dietary deficiencies
• The aging population's need for support with various health concerns
What Are the Primary Segmentation Categories in the Potassium Iodide Market?
The potassium iodidemarket covered in this report is segmented –
1) By Product Type: Solid, Liquid
2) By Grade: Industrial Grade, Pharmaceutical Grade, Feed Grade
3) By Application: Pharmaceutical Industry, Nutritional Supplements, Industrial Applications, Radiation Protection, Photography And Imaging, Other Applications
Explore the Complete Market Report:
What Are the Major Trends Shaping the Potassium Iodide Market in 2025 and Beyond?
The key trends in the potassium iodide market are:
• The trend of strategic partnerships between companies is emerging in the potassium iodide market to boost product accessibility.
• There is a growing trend of extending product availability to cater for varied consumer needs.
• The incorporation of potassium iodide in emergency planning is a new direction in the market.
• The use of regulatory bodies initiated programs in promoting the usage of potassium iodide has become a new trend.
Who Are the Emerging Players in the Potassium Iodide Market?
The key players in the potassium iodide market are:
• Thermo Fisher Scientific Inc.
• Honeywell International Inc.
• Merck KGaA
• Univar Solutions Inc.
• Arkema Group
• Avantor Inc.
• Tata Chemicals Ltd.
• Ise Chemicals Corporation
• Samrat Pharmachem Limited
• Mitsui Chemicals Inc.
• GFS Chemicals Inc.
• Calibre Chemicals Pvt. Ltd.
• Changshu Yuxi Chemical Co. Ltd
• Ajay-SQM
• Wego Chemical Group
• Proto Chemicals Industries
• Adani Pharmachem Private Limited
• Pandora Industries Pvt. Ltd.
• Deepwater Chemicals Inc.
• Vishal Laboratories
• Junsei Chemical Co. Ltd.
• Dalkem Corporation, Inc.
• Incasa S.A.
Which Regions Are Leading the Growth in the Global Potassium Iodide Market?
Asia-Pacific was the largest region in the potassium iodide market in 2024
