Price Trends of Potassium Iodide in its Latest Insights and Dashboard

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Potassium iodide (KI) is a white crystalline chemical compound/salt. It is water-soluble (with a solubility of 130 g/100 mL) and can also be dissolved in ethanol, methanol, and acetone. Its respective melting and boiling points are 681 degrees Celsius and 1,330 degrees Celsius.

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It has a density of 3.13 g/cm3. Despite being non-toxic and non-flammable, it emits iodine gas upon being heated at high temperatures, which can lead to harm in case of inhalation.

Key Details About the Potassium iodide Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potassium iodide price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Potassium Iodide Price Trends, including India Potassium iodide price, USA Potassium iodide price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Potassium iodide Price Trend:

Price Trend

Potassium iodide is widely employed in the medical sector for preventing and treating the deficiency of iodine and also to prevent the thyroid gland from radiation exposure. In pharmaceuticals, it finds application in expectorants and thyroid treatments. Furthermore, its main use in preventing iodine deficiency is propelling the market demand since more and more people are gaining awareness about the disease and shifting to taking supplements as well as food products infused with ingredients like table salt and bread. Other uses that boost the product’s industrial demand include its use to protect the thyroid gland from radioactive iodine in case of a nuclear attack, in the photographic industry, as a sensitizer etc.

Key Players:

  • Thermo Fisher Scientific Inc.
  • Adani Pharmachem Private Limite
  • Nippoh Chemicals Co. Ltd
  • Godo Shigen Co. Ltd
  • Zibo Wankang Pharmaceutical Chemical Co. Ltd.

News & Recent Development

  • 30th August 2022- The EU supplied 5.5 million potassium iodide tablets at request of the Government of Ukraine via the EU Civil Protection Mechanism as a preventative safety measure to Ukraine during the attack on the country by Russia.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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