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Europe Potassium Iodide Market

Published Sep 15, 2025
Length 234 Pages
SKU # BLWC20706852

Description

Europe Potassium Iodide Market, By Product Type (Solid Potassium Iodide, Liquid Potassium Iodide); By Grade (Pharmaceutical Grade, Industrial Grade); By Application (Radiation Protection, Pharmaceuticals, Food & Beverage, Electronics, Agriculture), Trend Analysis, Competitive Landscape & Forecast, 2019–2031Europe Potassium Iodide Market Size Set to Reach USD 340 Million by 2031

Europe Potassium Iodide Market is flourishing primarily due to a spurring demand from pharmaceutical, veterinary, and diagnostics industries, growing awareness about nuclear safety and the prevention of iodine deficiency, and expanding healthcare infrastructure.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Europe Potassium Iodide Market size by value at USD 215.75 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Europe Potassium Iodide Market size to boom at a robust CAGR of 6.70%, reaching a value of USD 339.70 million by 2031. The growth of Europe Potassium Iodide Market is propelled by a rising demand in pharmaceuticals for thyroid protection and respiratory treatments, increased use in iodine-based contrast media for diagnostic imaging, and growing awareness of iodine deficiency across populations. Governments’ initiatives for nuclear emergency preparedness further boost consumption, while expanding applications in animal nutrition and industrial processes add momentum. Additionally, the compound’s versatility in food additives, coatings, and chemical synthesis supports steady growth of Europe Potassium Iodide Market.

Opportunity – Expansion into Emerging Eastern European Markets

Europe Potassium Iodide Market is gaining momentum through expansion into emerging Eastern European regions such as Poland, Romania, and the Baltics. These markets are witnessing increased healthcare investments, rising awareness of iodine deficiency, and growing demand for radiation protection solutions. Government initiatives to bolster pharmaceutical infrastructure and emergency preparedness are accelerating adoption. As regulatory frameworks align with EU standards, manufacturers are capitalizing on untapped potential, driving regional growth and strengthening Europe Potassium Iodide Market.

Pharmaceutical Grade Segment Holds Largest Market Share

The pharmaceutical grade segment holds the largest share of Europe Potassium Iodide Market. The segment’s dominance is driven by its critical role in medical applications such as thyroid protection, iodine supplementation, and diagnostic imaging. Rising demand for iodine-based contrast media and increased government stockpiling for nuclear emergencies further amplify its dominance. The pharmaceutical sector’s stringent quality standards and continuous innovation in drug formulations ensure consistent growth. Compared to industrial grade, pharmaceutical grade maintains a stronger demand across healthcare systems and public safety initiatives.

Impact of Escalating Geopolitical Tensions on Europe Potassium Iodide Market

Escalating geopolitical tensions, particularly surrounding nuclear threats and conflicts like the Russia-Ukraine war, have significantly influenced Europe Potassium Iodide Market. Heightened fears of radiation exposure have led to surging demand for potassium iodide as a protective measure, causing supply shortages and price spikes. Governments across Europe are increasing emergency stockpiles, while trade restrictions and disrupted supply chains further strain availability. This geopolitical volatility has elevated potassium iodide’s strategic importance in public health and national security planning.

Competitive Landscape

Europe Potassium Iodide Market is highly fragmented, with numerous players serving the market. Major companies dominating the market are Thermo Fisher Scientific, Merck KGaA, Iofina plc, GODO SHIGEN Co. Ltd, Nippoh Chemicals Co. Ltd, Loba Chemie Pvt Ltd, American Elements, Alfa Aesar (A Johnson Matthey Company), Spectrum Chemical Mfg Corp, Deepwater Chemicals, Inc., and GfE Metalle und Materialien GmbH. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Europe Potassium Iodide Market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and Europe Potassium Iodide Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Europe Potassium Iodide Market, along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

234 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Europe Potassium Iodide Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Rising Demand in Pharmaceutical Applications
3.2.1.2. Increased Use in Nutritional Supplements
3.2.1.3. Government Stockpiling for Nuclear Emergency Preparedness
3.2.2. Restraints
3.2.2.1. Regulatory Frameworks
3.2.2.2. Limited Raw Material Availability
3.2.2.3. Environmental Concerns in Manufacturing
3.2.3. Opportunities
3.2.3.1. Expansion into Emerging Eastern European Markets
3.2.3.2. Innovation in Iodine-Based Medical Treatments
3.2.4. Challenges
3.2.4.1. Price Volatility of Iodine
3.2.4.2. Competition from Alternative Iodine Sources
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Europe Potassium Iodide Market: Marketing Strategies
5. Europe Potassium Iodide Market: Pricing Analysis
6. Europe Potassium Iodide Market Overview
6.1. Market Size & Forecast, 2019–2031
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Product Type
6.2.1.1. Solid Potassium Iodide
6.2.1.2. Liquid Potassium Iodide
6.2.2. By Grade
6.2.2.1. Pharmaceutical Grade
6.2.2.2. Industrial Grade
6.2.3. By Application
6.2.3.1. Radiation Protection
6.2.3.2. Pharmaceuticals
6.2.3.3. Food & Beverage
6.2.3.4. Electronics
6.2.3.5. Agriculture
7. Competitive Landscape
7.1. List of Key Players and Their Offerings
7.2. Europe Potassium Iodide Market Company Market Share Analysis, 2024
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)
8. Impact of Escalating Geopolitical Tensions on Europe Potassium Iodide Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
9.1. Thermo Fisher Scientific
9.2. Merck KGaA
9.3. Iofina plc
9.4. GODO SHIGEN Co, Ltd
9.5. Nippoh Chemicals Co, Ltd
9.6. Loba Chemie Pvt Ltd
9.7. American Elements
9.8. Alfa Aesar (A Johnson Matthey Company)
9.9. Spectrum Chemical Mfg Corp
9.10. Deepwater Chemicals, Inc.
9.11. GfE Metalle und Materialien GmbH
9.12. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1.Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1.Secondary Research
11.3.2.Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Europe Potassium Iodide Segmentation
Figure 2 Europe Potassium Iodide Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2024
Figure 4 Europe Potassium Iodide Market Size, By Value (USD Million), 2019–2031
Figure 5 Europe Potassium Iodide Market Share, By Product Type, By Value, 2019–2031
Figure 6 Europe Potassium Iodide Market Share, By Grade, By Value, 2019–2031
Figure 7 Europe Potassium Iodide Market Share, By Application, By Value, 2019–2031
List of Tables
Table 1 Europe Potassium Iodide Market Size, By Value (USD Million), 2019–2031
Table 2 Europe Potassium Iodide Market Size, By Product Type, By Value, 2019–2031
Table 3 Europe Potassium Iodide Market Size, By Grade, By Value, 2019–2031
Table 4 Europe Potassium Iodide Market Size, By Application, By Value, 2019–2031
Table 5 Europe Potassium Iodide Market Size, By Size, By Value, 2019–2031
Table 6 Thermo Fisher Scientific Company Overview
Table 7 Thermo Fisher Scientific Financial Overview
Table 8 Merck KGaA Company Overview
Table 9 Merck KGaA Financial Overview
Table 10 Iofina plc Company Overview
Table 11 Iofina plc Financial Overview
Table 12 GODO SHIGEN Co, Ltd Company Overview
Table 13 GODO SHIGEN Co, Ltd Financial Overview
Table 14 Nippoh Chemicals Co, Ltd Company Overview
Table 15 Nippoh Chemicals Co, Ltd Financial Overview
Table 16 Loba Chemie Pvt Ltd Company Overview
Table 17 Loba Chemie Pvt Ltd Financial Overview
Table 18 American Elements Company Overview
Table 19 American Elements Financial Overview
Table 20 Alfa Aesar (A Johnson Matthey Company) Company Overview
Table 21 Alfa Aesar (A Johnson Matthey Company) Financial Overview
Table 22 Spectrum Chemical Mfg Corp Company Overview
Table 23 Spectrum Chemical Mfg Corp Financial Overview
Table 24 Deepwater Chemicals, Inc. Company Overview
Table 25 Deepwater Chemicals, Inc. Financial Overview
Table 26 GfE Metalle und Materialien GmbH Company Overview
Table 27 GfE Metalle und Materialien GmbH Financial Overview
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