How big is the Potassium Iodide Market | Size, Share & Growth Forecast 2025

Code: MTA7964 Publication Date: Aug 2025

How big is the Potassium Iodide Market?

According to 6Wresearch internal database and industry insights, the Global Potassium iodide Market was valued at USD 0.5 Billion in 2024 and is expected to reach USD 0.7 Billion by 2031, growing at a compound annual growth rate of 3.50% during the forecast period (2025-2031).

The growing use of potassium iodide in radiation protection, thyroid condition treatments, and nutritional supplements is the main factor propelling the market expansion. The growth is further supported by growing nuclear safety awareness and the use of potassium iodide tablets in emergency preparedness initiatives.

Growth Factors for Potassium Iodide Market

  • Increasing incidence of thyroid-related disorders enhances demand for potassium iodide treatments.
  • Rising nuclear safety regulations boost the usage of potassium iodide for radiation protection.
  • Expanding applications in dietary supplements promote consistent market growth.
  • Growth in pharmaceutical manufacturing supports potassium iodide demand worldwide.
  • Government initiatives on radiation emergency preparedness increase potassium iodide stockpiling.
  • Advances in pharmaceutical formulations improve the effectiveness and acceptance of potassium iodide products.

Potassium Iodide Market Trends

The Potassium Iodide Market is witnessing increased incorporation in radiation emergency protocols due to heightened safety concerns. Pharmaceutical companies are focusing on improved drug delivery systems for potassium iodide to enhance patient compliance. Growing consumer interest in nutritional supplements fortified with potassium iodide is notable. The market also benefits from rising research in iodine deficiency treatments. Manufacturers are adopting sustainable production methods to reduce environmental impact. There is an increasing trend of collaborations between healthcare providers and government bodies to improve accessibility. 

Emerging Developments in the Potassium Iodide Market

Emerging developments in the Potassium Iodide Market include the advancement of novel potassium iodide-based formulations with enhanced bioavailability. For improved patient adherence, the market is witnessing attempts to create liquid formulations and sustained-release tablets. To effectively treat complex thyroid disorders, potassium iodide integration with other pharmaceutical compounds is being investigated. Potassium iodide possible antioxidant qualities are being studied more and more. The production of environmentally friendly potassium iodide products is receiving more attention. Furthermore, there is a rising trend toward stockpiling potassium iodide for nuclear disaster readiness by various governments worldwide.

List of Leading Companies in the Potassium Iodide Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

BASF is a leading chemical manufacturer producing potassium iodide and related compounds, with strong focus on innovation and sustainable chemical practices.

2. Sigma-Aldrich Corporation (Merck KGaA)

Company NameSigma-Aldrich Corporation (Merck KGaA)
Established Year1975
HeadquartersDarmstadt, Germany
Official WebsiteClick Here

Sigma-Aldrich supplies potassium iodide for pharma and research, prioritizing high-purity standards and an extensive diverse portfolio.

3. Alfa Aesar (Thermo Fisher Scientific)

Company NameAlfa Aesar (Thermo Fisher Scientific)
Established Year1963
HeadquartersMassachusetts, USA
Official WebsiteClick Here

Alfa Aesar offers potassium iodide in multiple grades, supporting pharma and industrial applications with strong quality assurance.

4. Spectrum Chemical Manufacturing Corp.

Company NameSpectrum Chemical Manufacturing Corp.
Established Year1971
HeadquartersNew Jersey, USA
Official WebsiteClick Here

Spectrum Chemical manufactures potassium iodide for pharma and industry, with emphasis on regulatory compliance and innovation.

5. Jost Chemical Company, Inc.

Company NameJost Chemical Company, Inc.
Established Year1948
HeadquartersNew Jersey, USA
Official WebsiteClick Here

Jost Chemical specializes in potassium iodide manufacturing, ensuring consistent quality and providing technical support for pharma industries.

6. Showa Denko K.K.

Company NameShowa Denko K.K.
Established Year1939
HeadquartersTokyo, Japan
Official Website-

Showa Denko produces potassium iodide within its chemicals portfolio, focusing on advanced manufacturing tech and environmental responsibility.

7. Acros Organics (Thermo Fisher Scientific)

Company NameAcros Organics (Thermo Fisher Scientific)
Established Year1974
HeadquartersGeel, Belgium
Official WebsiteClick Here

Acros Organics supplies potassium iodide for labs and pharma, ensuring high purity, safety, and product consistency.

8. Thermo Fisher Scientific Inc.

Company NameThermo Fisher Scientific Inc.
Established Year2006
HeadquartersMassachusetts, USA
Official WebsiteClick Here

Thermo Fisher offers potassium iodide across pharma and industry, with cutting-edge technology and customer-focused solutions.

How big is the Potassium Iodide Market : FAQ's

The Potassium Iodide Market is projected to reach USD 0.7 billion by 2031.
The Potassium Iodide Market is expected to grow at a CAGR of 3.50% during the forecast period.
Key players include BASF SE, Sigma-Aldrich Corporation, Alfa Aesar, and Showa Denko K.K.
Increasing nuclear safety measures, novel drug formulations, and rising demand for nutritional supplements are key market trends.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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