Product Code: ETC208896 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India mercuric potassium iodide market import shipments showed steady growth with a CAGR of 6.4% from 2020 to 2024. Notably, there was a significant surge in growth between 2023 and 2024, increasing by 78.5%. The market exhibited strong expansion and positive momentum over the period, indicating increasing demand and market opportunities.
The India Mercuric Potassium Iodide Market has experienced moderate growth in recent years. Mercuric potassium iodide, also known as Nessler`s reagent, is a chemical compound used primarily in laboratories for detecting ammonia and other nitrogenous compounds. Its unique properties, such as its sensitivity to ammonia detection, have contributed to its application in the India market.
The demand for mercuric potassium iodide in the India market is primarily driven by its use in laboratory analysis for detecting ammonia, a vital parameter in various industries such as water quality monitoring, agriculture, and environmental analysis. Nessler`s reagent`s ability to react with ammonia and form a brownish-yellow complex aids in ammonia detection, making it an essential tool in these applications.
The India Mercuric Potassium Iodide Market faces certain challenges. One significant obstacle is the growing concern over the toxicity of mercury-based compounds like mercuric potassium iodide. Due to its hazardous nature, there are strict regulations and safety measures regarding its handling, storage, and disposal. The potential health and environmental risks associated with mercury have led to the exploration and adoption of alternative reagents in ammonia detection, which may impact the market`s growth.
The Covid-19 pandemic had a limited impact on the India Mercuric Potassium Iodide Market. As an essential chemical used in laboratory analysis, the demand for Nessler`s reagent remained relatively stable during the pandemic. While there might have been temporary disruptions in supply chain logistics during the initial phases of the pandemic, the market showed resilience and continued to cater to laboratory testing needs.
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 Mercuric Potassium Iodide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Mercuric Potassium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 India Mercuric Potassium Iodide Market - Industry Life Cycle |
3.4 India Mercuric Potassium Iodide Market - Porter's Five Forces |
3.5 India Mercuric Potassium Iodide Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Mercuric Potassium Iodide Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 India Mercuric Potassium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for mercuric potassium iodide in pharmaceutical industry for applications such as antiseptics and disinfectants. |
4.2.2 Growing awareness about the benefits of mercuric potassium iodide in agriculture for soil treatment and crop protection. |
4.2.3 Expansion of the chemical industry in India, leading to higher production and consumption of mercuric potassium iodide. |
4.3 Market Restraints |
4.3.1 Stringent government regulations regarding the use of mercuric potassium iodide due to environmental and health concerns. |
4.3.2 Rising concerns about the toxicity and potential hazards associated with mercuric potassium iodide. |
4.3.3 Competition from alternative iodine-based products that are considered safer and more environmentally friendly. |
5 India Mercuric Potassium Iodide Market Trends |
6 India Mercuric Potassium Iodide Market, By Types |
6.1 India Mercuric Potassium Iodide Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Mercuric Potassium Iodide Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Mercuric Potassium Iodide Market Revenues & Volume, By Purity 99%, 2021-2031F |
6.1.4 India Mercuric Potassium Iodide Market Revenues & Volume, By Purity 99.9%, 2021-2031F |
6.1.5 India Mercuric Potassium Iodide Market Revenues & Volume, By Purity 99.99%, 2021-2031F |
6.1.6 India Mercuric Potassium Iodide Market Revenues & Volume, By Purity 99.999%, 2021-2031F |
6.1.7 India Mercuric Potassium Iodide Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Mercuric Potassium Iodide Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Mercuric Potassium Iodide Market Revenues & Volume, By Industrial Application, 2021-2031F |
6.2.3 India Mercuric Potassium Iodide Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.4 India Mercuric Potassium Iodide Market Revenues & Volume, By Others, 2021-2031F |
7 India Mercuric Potassium Iodide Market Import-Export Trade Statistics |
7.1 India Mercuric Potassium Iodide Market Export to Major Countries |
7.2 India Mercuric Potassium Iodide Market Imports from Major Countries |
8 India Mercuric Potassium Iodide Market Key Performance Indicators |
8.1 Research and development investment in finding safer and more sustainable alternatives to mercuric potassium iodide. |
8.2 Adoption and implementation of eco-friendly production practices within the mercuric potassium iodide industry. |
8.3 Monitoring and compliance with regulatory standards and guidelines related to the use of mercuric potassium iodide. |
9 India Mercuric Potassium Iodide Market - Opportunity Assessment |
9.1 India Mercuric Potassium Iodide Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Mercuric Potassium Iodide Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 India Mercuric Potassium Iodide Market - Competitive Landscape |
10.1 India Mercuric Potassium Iodide Market Revenue Share, By Companies, 2024 |
10.2 India Mercuric Potassium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |