Silver Iodide Market 2024-2028
The silver iodide market is forecasted to grow by USD 100.1 mn during 2023-2028, accelerating at a CAGR of 6.3% during the forecast period. The report on the silver iodide 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 rising demand for cloud seeding at airports for fog dissipation, increased cloud seeding activities by numerous countries, and increased demand for water from farmers.
Technavio's silver iodide market is segmented as below:
By Application
- Cloud seeding
- Antiseptic material
- Photosensitive material
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the rising demand for silver iodide in pharmaceutical and medical applications as one of the prime reasons driving the silver iodide market growth during the next few years. Also, surge in research and development for new applications of silver iodide and rising adoption of silver iodide in photographic film and imaging will lead to sizable demand in the market.
The report on the silver iodide market covers the following areas:
- Silver Iodide Market sizing
- Silver Iodide Market forecast
- Silver Iodide 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 silver iodide market vendors that include abcr GmbH, American Elements, City chemical LLC, Colonial Metals Inc., Deepwater Chemicals Inc., ESPI Metals, Hanhong Pharmaceutical Technology Co. Ltd., Infinium Pharmachem Pvt. Ltd., Iofina plc, Micron Platers, Otto Chemie Pvt. Ltd., Sky Chem, Thermo Fisher Scientific Inc., Vizag Chemical International, and Wuhan Silworld Chemical Co. Ltd.. Also, the silver iodide 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.