Enjoy complimentary customisation on priority with our Enterprise License!
The potassium iodide market size is forecast to increase by USD 269.7 million at a CAGR of 5.19% between 2023 and 2028. Potassium iodide (KI) is a crucial inorganic compound with significant applications in various industries, including healthcare, food additives, and electronics. In the healthcare sector, KI is primarily used as a thyroid protective agent during radiotherapy and nuclear emergencies to prevent allergic reactions, such as rashes, itching, and thyroid cancer. In the food industry, KI is used as a food additive to improve the stability of iodized salt, which is essential for preventing iodine deficiency. Moreover, KI finds extensive use as a laboratory reagent in research and development (R&D) activities, particularly in imaging treatments and as a reagent in chemical processes. Additionally, the potential risks associated with the use of KI, including the release of iodine gas, can pose safety concerns. For instance, the development of potassium iodide-based contrast agents for medical imaging and the production of high-purity KI for electronics applications are some of the emerging trends in the market. In conclusion, the market is driven by the rising demand from the nutraceutical industry and the high demand for laboratory reagents.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
