The hydroiodic acid market is forecasted to grow by USD 93.1 mn during 2023-2028, accelerating at a CAGR of 5.1% during the forecast period. The report on the hydroiodic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of surgical procedures worldwide, rising government focus on hygiene and infection control in hospitals, and strong incidence of healthcare-associated infections (HAIs).
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.9%
CAGR
5.1%
Incremental Value
$93.1 mn
Technavio's hydroiodic acid market is segmented as below:
By Type
Pharmaceutical grade
Industrial grade
By Geographical Landscape
APAC
North America
Europe
Middle East and Africa
South America
This study identifies the rising awareness about infectious diseases as one of the prime reasons driving the hydroiodic acid market growth during the next few years. Also, large investment in research and development activities, product launches, and capacity expansions and growing number of partnerships between vendors and end-users will lead to sizable demand in the market.
The report on the hydroiodic acid market covers the following areas:
Hydroiodic Acid Market sizing
Hydroiodic Acid Market forecast
Hydroiodic Acid Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydroiodic acid market vendors that include Ajay Europe SARL, Axiom Chemicals Pvt. Ltd., Deepwater Chemicals Inc., GFS Chemicals Inc., GHW International, GODO SHIGEN Co. Ltd., Infinium Pharmachem Pvt. Ltd., Iofina plc, ITW Reagents, Manus Aktteva Biopharma LLP, Merck KGaA, Muby Chem Ltd., Naugra Export, Nippoh Chemicals Co. Ltd., Omkar Speciality Chemicals, Samrat Remedies Ltd., Shandong Boyuan Pharmaceutical Co. Ltd., and Taj Pharmaceutical Ltd.. Also, the hydroiodic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value Chain Analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2023
4.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
5.1 Global Hydroiodic Acid Market 2018 - 2022
Historic Market Size - Data Table on Global Hydroiodic Acid Market 2018 - 2022 ($ million)