Introduction: Iodine Market Overview 

The global iodine market is poised for steady growth over the next five years, with the market size expected to increase from 42.87 kilotons in 2025 to 55.98 kilotons by 2030, reflecting a CAGR of 5.48%. The global iodine market is essential across multiple industries, including healthcare, electronics, agriculture, and specialty chemicals, due to iodine’s unique properties. Its role in medical imaging, LCD and OLED display manufacturing, livestock hygiene, and other specialized applications underscores the element’s critical position in industrial and consumer processes. 

Industry Dynamics Iodine Market 

Rising Demand for Medical Imaging 

 Medical applications continue to be the largest segment for iodine consumption. Iodine-based contrast agents are essential for X-ray and CT imaging procedures, which are seeing rising usage worldwide. In 2023, over 10 million Medicare contrast CT scans highlighted the high dependency of healthcare systems on iodine. 

Addressing Iodine-Deficiency Disorders 

 Despite widespread salt iodization programs, mild iodine deficiency persists in some populations, particularly among pregnant and lactating women. Regional dietary updates, such as China’s 2025 guidelines, emphasize the use of iodine-enriched fertilizers and biofortified crops to meet nutritional needs. 

Expansion in LCD and OLED Display Production 

 Iodine-impregnated polarizer films are indispensable in high-definition LCD and OLED panels. Production facilities in East Asia, including China and South Korea, have increased utilization to meet post-pandemic consumer electronics demand.  

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Market Division: Sources, Forms, and End-Users 

By Source: 

By Form: 

By End-User Industry: 

By Geography: 

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Competitive Landscape Overview 

Conclusion 

The iodine market is set for steady growth between 2025 and 2030, driven by essential applications in healthcare, electronics, and agriculture. While medical imaging and display technologies remain the largest demand segments, expanding nutritional initiatives and livestock applications add stable volume. Supply constraints, extraction cost advantages, and regional production dynamics will shape the market, with Asia-Pacific remaining a key growth hub. Diversified demand and emerging recycling methods offer resilience against fluctuations, making the iodine market a reliable and strategically important global commodity. 

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