| Product Code: ETC201216 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India iodate market import shipment demonstrated a robust expansion with a notable CAGR from 2020 to 2024. The growth rate spiked significantly between 2023 and 2024, indicating accelerating momentum in market growth. Overall, the market exhibited strong upward trends, showcasing a dynamic and expanding trajectory.
Iodates are a form of inorganic salts that have iodine and oxygen atoms combined with another atom. These compounds are used as an oxidizing agent, for the production of dyes, and in photography. India is one of the major markets for iodates due to its large population, healthy economic growth rates, expanding industrial sector, and increasing demand from end-use industries such as pharmaceuticals, dyes & pigments manufacturing companies.
The key drivers driving the growth of the India iodate market include government initiatives to promote industrial development in various fields such as chemicals production; rapid urbanization leading to more construction activities and higher consumption from end-user industries; rising healthcare expenditure; technological advancements associated with water treatment processes; increasing awareness about environmental safety among consumers; emergence of new applications such as disinfectants etc., Increasing consumer preference for natural products over synthetic ones is also expected to drive demand for iodates in India.
The key drivers driving the growth of the India iodate market include government initiatives to promote industrial development in various fields such as chemicals production; rapid urbanization leading to more construction activities and higher consumption from end-user industries; rising healthcare expenditure; technological advancements associated with water treatment processes; increasing awareness about environmental safety among consumers; emergence of new applications such as disinfectants etc., Increasing consumer preference for natural products over synthetic ones is also expected to drive demand for iodates in India.
The key players in India iodate market are Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), S.K. Agro Industries, Avantor Performance Materials LLC, Shivalik Rasayan Ltd., and TDI International India Pvt. Ltd.
The Covid-19 pandemic has had a significant impact on the India iodate market due to disruptions in production, supply chain, and transportation networks caused by imposed lockdowns across the country. On the other hand, increasing awareness among people about health benefits associated with iodine consumption is expected to drive demand for iodates during the forecast period of 2025???2031. Additionally, rising use of iodates as additives in various industries such as pharmaceuticals and food processing will propel market growth over the coming years
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Iodate Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Iodate Market Revenues & Volume, 2021 & 2031F |
3.3 India Iodate Market - Industry Life Cycle |
3.4 India Iodate Market - Porter's Five Forces |
3.5 India Iodate Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Iodate Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 India Iodate Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 India Iodate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of iodine consumption |
4.2.2 Government initiatives to address iodine deficiency in the population |
4.2.3 Growth in the food and beverage industry leading to higher demand for iodized salt |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials impacting production costs |
4.3.2 Competition from alternative sources of iodine supplementation |
4.3.3 Regulatory challenges in ensuring consistent iodization levels in salt |
5 India Iodate Market Trends |
6 India Iodate Market, By Types |
6.1 India Iodate Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Iodate Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Iodate Market Revenues & Volume, By Sodium Iodate, 2021-2031F |
6.1.4 India Iodate Market Revenues & Volume, By Potassium Iodate, 2021-2031F |
6.1.5 India Iodate Market Revenues & Volume, By Calcium Iodate, 2021-2031F |
6.1.6 India Iodate Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Iodate Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 India Iodate Market Revenues & Volume, By Pharma Grade, 2021-2031F |
6.2.3 India Iodate Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.3 India Iodate Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Iodate Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.3.3 India Iodate Market Revenues & Volume, By Agricultural Industry, 2021-2031F |
6.3.4 India Iodate Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.3.5 India Iodate Market Revenues & Volume, By Others, 2021-2031F |
7 India Iodate Market Import-Export Trade Statistics |
7.1 India Iodate Market Export to Major Countries |
7.2 India Iodate Market Imports from Major Countries |
8 India Iodate Market Key Performance Indicators |
8.1 Average daily per capita salt consumption in India |
8.2 Percentage of households using iodized salt |
8.3 Number of iodine deficiency disorders cases reported annually |
9 India Iodate Market - Opportunity Assessment |
9.1 India Iodate Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Iodate Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 India Iodate Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 India Iodate Market - Competitive Landscape |
10.1 India Iodate Market Revenue Share, By Companies, 2024 |
10.2 India Iodate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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