High Purity Iodines Market Scope
Rise in chemical Industry and Higher adoption of Purity iodine in medical devices are the factors driving market growth. Highly pure iodine is obtained in a stable chemical form by dry distilling a material containing neutron-induced tellurium, such as tellurium oxide, onto aluminium, followed by elution with a base, such as diluted alkaline solution. This method allows for the preparation of iodine with the least amount of radioactive contamination to the immediate environment. A versatile tracer, the iodine obtained by this process is useful to determine blood volume, cardiac output, and the like.
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|Key Companies Profiled||GODO SHIGEN Co., Ltd. (Japan), Deepwaterchemicals (United States), UnivarSolutions (United States), M A M M TRADING ENTERPRISE (South Africa), Novo Nordisk Pharmatech A/S (Denmark), Mercury Chemicals Pte Ltd (Singapore), Qingdao Lanneret Biochemical Co. (China), shandong jiejing group corporation (China), Cooper Chemical Company (United States), Lithos Association (Netherlands), Alcoholes Montplet SA (Spain), Todini GmbH (Germany), Aqua Solutions, Inc. (United States), ABSCO Limited (United States) and Vickers Laboratories Limited (United Kingdom)|
The market for the High Purity is highly competitive and dominated by few key player. The market has a vendor landscape that is extremely competitive. A number of businesses are also taking part in significant mergers and acquisitions as part of crucial plans to increase their market share globally. The companies are focusing more on the research and development activities to stay ahead of competitors in the market. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global High Purity Iodines market throughout the predicted period.
GODO SHIGEN Co., Ltd. (Japan), Deepwaterchemicals (United States), UnivarSolutions (United States), M A M M TRADING ENTERPRISE (South Africa), Novo Nordisk Pharmatech A/S (Denmark), Mercury Chemicals Pte Ltd (Singapore), Qingdao Lanneret Biochemical Co. (China), shandong jiejing group corporation (China), Cooper Chemical Company (United States), Lithos Association (Netherlands), Alcoholes Montplet SA (Spain), Todini GmbH (Germany), Aqua Solutions, Inc. (United States), ABSCO Limited (United States) and Vickers Laboratories Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Calibre Chemicals Pvt Ltd (India), Jubilant DraxImage Inc. (United States), Reagents (United States), Nutritional Supplement Manufacturers, Inc. (United States) and San Jose Scientific (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
The study have segmented the market of Global High Purity Iodines market by Type , by Application (X-ray Contrast Media, Biocides, Pharmaceuticals, Catalysts, Fluorochemicals, LCD Polarizing Films and Others) and Region with country level break-up.
On the basis of geography, the market of High Purity Iodines has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2022.
Market Leaders and their expansionary development strategiesOn May 2021, Iodine Software a healthcare technology company that implement Artificial Intelligence to resolve provider problems in improving clinical documentation acquired Artificial Health a Texas based company
Terragenx Inc. has launched a unique production and delivery system that 9x more effective than a capsule form, to deliver iodine. The product was launched with the partnership of activation Products.
Influencing Trend:Health Benefits associated with the high purity iodine is the key trend driving the market growth
Market Growth Drivers:Higher adoption of high purity iodine in pharmaceutical industry drives the market growth and Rise in Chemical industry boost supports the market growth
Challenges:Fluctuation in raw material prices restrict the market
Restraints:High production cost of High purity iodine hampers the market growth
Opportunities:Higher adoption in medical devices creates lucrative growth opportunities for the market
Key Target AudienceNew Entrants and Investors, Pharmaceutical Industry, Healthcare Industry, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others