Product Code: ETC087862 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Mexico Iodine Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 1.04% in 2025 and reaches 1.97% by 2029.
The iodine market in Mexico is expanding due to its diverse applications in pharmaceuticals, nutrition, and industrial sectors. Iodine is essential for thyroid function and is used in the production of X-ray contrast media, pharmaceuticals, and LCD screens. Mexico is a significant producer of iodine, primarily extracted from underground brines, making it a key player in the global iodine market. The increasing demand for iodine in healthcare, agriculture, and electronics industries is driving market growth. With ongoing investments in iodine production facilities and the development of new applications, the iodine market in Mexico is expected to continue expanding to meet both domestic and international demands.
In Mexico, the iodine market is driven by the growing demand for iodine derivatives in pharmaceuticals, biocides, and nutritional supplements. Iodine compounds are essential for various applications such as X-ray contrast media, disinfectants, and thyroid hormones. The increasing awareness about iodine deficiency disorders and the expanding healthcare sector are key factors supporting market expansion. Moreover, Mexico`s abundant natural iodine resources contribute to the country`s position as a leading global iodine producer.
The Mexico Iodine market confronts challenges such as the limited availability of iodine resources and the relatively small scale of iodine production in Mexico. This leads to a dependency on imports to meet domestic demand, which can be affected by global supply fluctuations and pricing volatility. Additionally, there are environmental concerns associated with iodine production and extraction processes, which can affect regulatory approvals and operational costs. Moreover, there is a need for greater awareness among consumers and industries regarding the importance of iodine and its various applications, which can impact market growth and demand. Lastly, the competitive landscape and pricing pressures within the iodine market further contribute to the challenges faced by iodine manufacturers and distributors in Mexico.
In Mexico, government policies support the iodine market through regulations for iodine production and export, environmental standards for iodine extraction, and incentives for iodine mining companies. These policies aim to promote sustainable resource management, ensure environmental protection, and enhance the competitiveness of Mexican iodine producers in global markets. The government collaborates with industry stakeholders to develop industry standards, monitor iodine reserves, and support research on new iodine applications.
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 Mexico Iodine Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Iodine Market - Industry Life Cycle |
3.4 Mexico Iodine Market - Porter's Five Forces |
3.5 Mexico Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Mexico Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Mexico Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Mexico Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Iodine Market Trends |
6 Mexico Iodine Market, By Types |
6.1 Mexico Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Mexico Iodine Market Revenues & Volume, By Source, 2018 - 2031F |
6.1.3 Mexico Iodine Market Revenues & Volume, By Caliche Ore, 2018 - 2031F |
6.1.4 Mexico Iodine Market Revenues & Volume, By Underground Brines, 2018 - 2031F |
6.1.5 Mexico Iodine Market Revenues & Volume, By Recycling, 2018 - 2031F |
6.1.6 Mexico Iodine Market Revenues & Volume, By Seaweeds, 2018 - 2031F |
6.2 Mexico Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Mexico Iodine Market Revenues & Volume, By Organic Compounds, 2018 - 2031F |
6.2.3 Mexico Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2018 - 2031F |
6.2.4 Mexico Iodine Market Revenues & Volume, By Elemental & Isotopes, 2018 - 2031F |
6.3 Mexico Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Mexico Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2018 - 2031F |
6.3.3 Mexico Iodine Market Revenues & Volume, By Pharmaceuticals, 2018 - 2031F |
6.3.4 Mexico Iodine Market Revenues & Volume, By Optical Polarizing Films, 2018 - 2031F |
6.3.5 Mexico Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2018 - 2031F |
6.3.6 Mexico Iodine Market Revenues & Volume, By Animal Feed, 2018 - 2031F |
6.3.7 Mexico Iodine Market Revenues & Volume, By Fluorochemicals, 2018 - 2031F |
6.3.8 Mexico Iodine Market Revenues & Volume, By Others , 2018 - 2031F |
6.3.9 Mexico Iodine Market Revenues & Volume, By Others , 2018 - 2031F |
7 Mexico Iodine Market Import-Export Trade Statistics |
7.1 Mexico Iodine Market Export to Major Countries |
7.2 Mexico Iodine Market Imports from Major Countries |
8 Mexico Iodine Market Key Performance Indicators |
9 Mexico Iodine Market - Opportunity Assessment |
9.1 Mexico Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Mexico Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Mexico Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Mexico Iodine Market - Competitive Landscape |
10.1 Mexico Iodine Market Revenue Share, By Companies, 2024 |
10.2 Mexico Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |