Tuesday, January 31, 2023

Potassium Iodide Market 2022: Industry Overview, Outlook, Trends, Analysis and Forecast

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Product NamePotassium Iodide
HS Code28276010
Molecular Weight166 g/mol
Chemical FormulaKI
SynonymsPotassium salt of hydriodic acid
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Potassium iodide is a metal halide, which is highly versatile and is used in medications, chemicals, and dietary supplements. Potassium Iodide is acutely toxic to aquatic plants and is a white crystalline solid in appearance. Potassium iodide is a common irritant to the skin and eyes in humans. The HS code of potassium iodide is 28276010.

Potassium iodide is produced by potassium hydroxide. The solution of a hot saturated potassium hydroxide solution is reacted with iodide. In this chemical reaction, potassium iodate and water are obtained and hence are subjected to the separation processes to get the desired product potassium iodide. The chemical formula of potassium iodide is KI, and its molecular weight is 166 g/mol.

The top exporter of potassium iodide is India and is followed by Brazil, Peru, Mexico, Vietnam, and Russia. On the other hand, the leading importers are Chile, Kazakhstan, Argentina, and Colombia.

Key Details About the Potassium Iodide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Potassium Iodide in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Potassium Iodide Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potassium Iodide Price Trend:

The Potassium Iodide price trend is influenced by its industrial uses which include dietary supplements for animal feed and human consumption, pharmaceutical, chemical substrates, and biomedical research. It is also used in flavourings or additives, and personal care and home care manufactured goods.

Key Market Players:

  • Thermo Fisher Scientific Inc.
  • Adani Pharmachem Private Limite
  • Nippoh Chemicals Co. Ltd.
  • Godo Shigen Co. Ltd.
  • Zibo Wankang Pharmaceutical Chemical Co. Ltd.

News and Events:

May 22, 2022: The production of thyroid hormone is affected by potassium iodide, and hence it is used to treat conditions related to thyroid hormones.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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