Product Code: ETC195577 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The sodium iodide market in Thailand was valued at USD 10.8 million in 2025 and is expected to reach USD 11.6 million, growing at a CAGR of 3% during the forecast period. The major factors driving the growth of this market include increasing demand for processed food products, rising consumption of iodized salt, and widespread use of dietary supplements containing iodine compounds. Moreover, initiatives taken by government organizations to promote the consumption of iodized salt are also contributing significantly to the growth of this market.
Sodium iodide finds application in pharmaceuticals, radiation detection, and photography. The medical sector`s demand for sodium iodide in contrast agents for imaging procedures is a significant driver. Additionally, its use in industrial applications such as X-ray detectors contributes to market growth.
The sodium iodide market encounters challenges due to the limited scope of applications and the availability of alternatives. Market players must explore new applications or derivatives to expand its market potential.
The pandemic`s influence on sectors using sodium iodide, such as pharmaceuticals and chemicals, could have affected the market`s stability.
The sodium iodide market in Thailand serves industries like healthcare, chemicals, and electronics. Major players such as Acros Organics, Thermo Fisher Scientific, and Sigma-Aldrich Corporation contribute to the supply chain, providing high-quality sodium iodide compounds for various applications.
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 Sodium Iodide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sodium Iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sodium Iodide Market - Industry Life Cycle |
3.4 Thailand Sodium Iodide Market - Porter's Five Forces |
3.5 Thailand Sodium Iodide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Thailand Sodium Iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sodium Iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of iodine in the diet |
4.2.2 Government initiatives to address iodine deficiency disorders |
4.2.3 Growth in the pharmaceutical and healthcare industries in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Competition from alternative iodine sources |
4.3.3 Stringent regulations related to the production and distribution of sodium iodide |
5 Thailand Sodium Iodide Market Trends |
6 Thailand Sodium Iodide Market, By Types |
6.1 Thailand Sodium Iodide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sodium Iodide Market Revenues & Volume, By Grade, 2021-2031F |
6.1.3 Thailand Sodium Iodide Market Revenues & Volume, By Pharmaceutical Grade, 2021-2031F |
6.1.4 Thailand Sodium Iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.5 Thailand Sodium Iodide Market Revenues & Volume, By Others, 2021-2031F |
6.1.6 Thailand Sodium Iodide Market Revenues & Volume, By , 2021-2031F |
6.2 Thailand Sodium Iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sodium Iodide Market Revenues & Volume, By Food Industry, 2021-2031F |
6.2.3 Thailand Sodium Iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Thailand Sodium Iodide Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Thailand Sodium Iodide Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Sodium Iodide Market Import-Export Trade Statistics |
7.1 Thailand Sodium Iodide Market Export to Major Countries |
7.2 Thailand Sodium Iodide Market Imports from Major Countries |
8 Thailand Sodium Iodide Market Key Performance Indicators |
8.1 Number of new product developments in the sodium iodide market |
8.2 Adoption rate of iodized salt in Thailand |
8.3 Investment in research and development for iodine-related products |
9 Thailand Sodium Iodide Market - Opportunity Assessment |
9.1 Thailand Sodium Iodide Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Thailand Sodium Iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sodium Iodide Market - Competitive Landscape |
10.1 Thailand Sodium Iodide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sodium Iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |