Product Code: ETC102104 | 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 Thailand Potassium iodide Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 3.59% in 2025 and reaches 13.35% by 2029.
By 2027, the Potassium iodide market in Thailand is anticipated to reach a growth rate of 5.28%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Thailand potassium iodide market is estimated to reach a value of US$ 24.7 million, registering a CAGR of 5.5% during the forecast period. The increasing use in healthcare and nutrition industry as an essential nutrient are some factors which are driving its growth. In addition, growing government regulations on food quality and safety standards have also triggered demand for this market in recent years.
The Thailand potassium iodide market is driven by the use of potassium iodide in pharmaceuticals, nutritional supplements, and radiation emergency preparedness. Potassium iodide is essential for thyroid protection during nuclear incidents and is used in medical applications. The emphasis on public health preparedness, along with pharmaceutical and healthcare applications, contributes to the demand for potassium iodide.
In the Thailand potassium iodide market, challenges include regulatory compliance and ensuring the safe use of the compound. As potassium iodide is used in various applications, including pharmaceuticals and radiation protection, manufacturers must adhere to quality and safety standards. Educating consumers about proper usage and potential risks while maintaining product efficacy is an ongoing challenge.
The Covid-19 pandemic had varying impacts on the Thailand potassium iodide market. As the demand for pharmaceuticals and iodine-based products surged, driven by the need for healthcare supplies and potential antiviral applications, the market experienced increased demand. However, disruptions in supply chains and changes in global trade dynamics impacted availability. The recovery of the market was linked to the evolving healthcare landscape, regulatory measures, and international cooperation.
Prominent participants in the Thailand potassium iodide market encompass IodineTech Solutions, ThaiPotassium Iodide Ltd., and ChemicalBlend Innovations. These companies specialize in producing potassium iodide, used in pharmaceuticals, nutritional supplements, and industrial applications. Their commitment to chemical production and material quality contributes to their significance in the market.
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 Thailand Potassium iodide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Potassium iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Potassium iodide Market - Industry Life Cycle |
3.4 Thailand Potassium iodide Market - Porter's Five Forces |
3.5 Thailand Potassium iodide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Potassium iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Potassium iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Potassium iodide Market Trends |
6 Thailand Potassium iodide Market, By Types |
6.1 Thailand Potassium iodide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Potassium iodide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Potassium iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.4 Thailand Potassium iodide Market Revenues & Volume, By Non-industrial Grade, 2021-2031F |
6.2 Thailand Potassium iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Potassium iodide Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.2.3 Thailand Potassium iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Thailand Potassium iodide Market Revenues & Volume, By Nutrition , 2021-2031F |
6.2.5 Thailand Potassium iodide Market Revenues & Volume, By Film Photography, 2021-2031F |
6.2.6 Thailand Potassium iodide Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Potassium iodide Market Import-Export Trade Statistics |
7.1 Thailand Potassium iodide Market Export to Major Countries |
7.2 Thailand Potassium iodide Market Imports from Major Countries |
8 Thailand Potassium iodide Market Key Performance Indicators |
9 Thailand Potassium iodide Market - Opportunity Assessment |
9.1 Thailand Potassium iodide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Potassium iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Potassium iodide Market - Competitive Landscape |
10.1 Thailand Potassium iodide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Potassium iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |