| Product Code: ETC203196 | 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 cadmium iodide market import shipments displayed a modest compound annual growth rate of 0.3% from 2020 to 2024. However, there was a sharp decline in growth rate of -75.1% between 2023 and 2024, indicating a significant contraction in the market during that period. Overall, the market growth slowed considerably towards the end of the period, suggesting a potential shift in demand dynamics.
India cadmium iodide market is expected to grow at a CAGR of about 4% during the forecast period 2025-2031. The growing investments in research & development and technological innovations related to solar energy are driving the demand for cadmium iodide in India. Moreover, India is estimated to become one of the world`s largest producers of solar power with an installed capacity exceeding 100 GW by 2022, thereby further boosting the growth of this market. The increasing application areas such as photovoltaic cells, optical fiber amplifiers and lasers are also providing numerous opportunities for manufacturers operating in this sector. Additionally, rising usage in various medical applications like diagnostic imaging systems is also contributing positively towards this market growth. However, acute toxicity associated with its use can hamper its sales over long term basis.
Growing Investments In Research & Development And Technological Innovations Related To Solar Energy, Rising Usage In Various Medical Applications Like Diagnostic Imaging Systems, Increasing Application Areas Such As Photovoltaic Cells And Optical Fiber Amplifiers For Optoelectronic Devices.
The major challenge faced by manufacturers operating in India Cadmium Iodine market is stringent regulations imposed by both central and state governments regarding hazardous waste management which makes it difficult for companies to dispose off their by-products safely without any environmental hazards caused by them. Additionally rising raw material cost also increases operational costs thus hampering profitability margins of manufacturers working within this particular arena resulting into limited availability and higher prices thereby affecting end user affordability making it a key restraint hindering growth prospects related with this business space over near future time span.
The key players operating in India Cadmium Iodide Market include Honeywell International Inc., Applied Materials Inc., Umicore Nv/sa, Merck Kgaa Germany, Solutia Inc., Rockwood Holdings Inc., Sigma Aldrich Co./merck Kgaa Darmstadt Germany etc.
The COVID-19 pandemic has led to a global economic slowdown due to lockdowns imposed across major countries around the world which have had a cascading effect on all major industries including that of Cadmium Iodide Market. This has led to supply chain disruptions along with decline in both domestic and international trade activities resulting into shortage of raw materials leading to manufacturing delays ultimately impacting revenues generated from sales operations globally.
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 Cadmium Iodide Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cadmium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 India Cadmium Iodide Market - Industry Life Cycle |
3.4 India Cadmium Iodide Market - Porter's Five Forces |
3.5 India Cadmium Iodide Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Cadmium Iodide Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Cadmium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cadmium iodide in the pharmaceutical industry for manufacturing X-ray contrast media. |
4.2.2 Growth in the electronics industry, particularly in the production of semiconductors where cadmium iodide is used. |
4.2.3 Rising investments in research and development activities for new applications of cadmium iodide in sectors like solar cells and imaging technologies. |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of cadmium-based compounds due to environmental and health concerns. |
4.3.2 Fluctuations in raw material prices, especially cadmium and iodine, impacting the production cost of cadmium iodide. |
4.3.3 Competition from alternative compounds or technologies that may substitute the use of cadmium iodide in certain applications. |
5 India Cadmium Iodide Market Trends |
6 India Cadmium Iodide Market, By Types |
6.1 India Cadmium Iodide Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Cadmium Iodide Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Cadmium Iodide Market Revenues & Volume, By 99% Purity Minimum, 2021-2031F |
6.1.4 India Cadmium Iodide Market Revenues & Volume, By 99.99% Purity, 2021-2031F |
6.1.5 India Cadmium Iodide Market Revenues & Volume, By 99.999% Purity, 2021-2031F |
6.1.6 India Cadmium Iodide Market Revenues & Volume, By Other, 2021-2031F |
6.2 India Cadmium Iodide Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Cadmium Iodide Market Revenues & Volume, By Printing, 2021-2031F |
6.2.3 India Cadmium Iodide Market Revenues & Volume, By Electroplate, 2021-2031F |
6.2.4 India Cadmium Iodide Market Revenues & Volume, By Research, 2021-2031F |
6.2.5 India Cadmium Iodide Market Revenues & Volume, By Other, 2021-2031F |
6.3.6 India Cadmium Iodide Market Revenues & Volume, By , 2021-2031F |
7 India Cadmium Iodide Market Import-Export Trade Statistics |
7.1 India Cadmium Iodide Market Export to Major Countries |
7.2 India Cadmium Iodide Market Imports from Major Countries |
8 India Cadmium Iodide Market Key Performance Indicators |
8.1 Research and development expenditure in the Indian chemical industry. |
8.2 Number of patents filed for cadmium iodide-based technologies in India. |
8.3 Adoption rate of cadmium iodide in emerging applications such as renewable energy technologies. |
9 India Cadmium Iodide Market - Opportunity Assessment |
9.1 India Cadmium Iodide Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Cadmium Iodide Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Cadmium Iodide Market - Competitive Landscape |
10.1 India Cadmium Iodide Market Revenue Share, By Companies, 2024 |
10.2 India Cadmium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |