Showing posts with label Potassium Iodide Price Trend. Show all posts
Showing posts with label Potassium Iodide Price Trend. Show all posts

Tuesday, May 2, 2023

Potassium iodide is a chemical compound with the molecular formula KI that is made up of potassium and iodine. It is a white crystalline substance that is extremely water soluble.

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The molecular mass of potassium iodide is 166.0028 g/mol and its density is 3.12 g/cm³. The melting point of potassium iodide is 681 °C.

It is mainly used in the medication used for treating hyperthyroidism. The boiling point of potassium iodide is 1330°C. It is defined as a metal-halide salt, with an ionic bond between potassium cation (K+) and iodide anion (I–).

It is produced via potassium hydroxide. First, it is prepared by reacting to iodine with a hot saturated potassium hydroxide solution. After that, a product mixture containing potassium iodide, potassium iodate and water is obtained, which is further subjected to varying separation techniques to get the desired potassium iodine.

India, China, Germany, and the United States are the top potassium iodide producing countries across the globe.

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 chart, 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 ImageIn the pharmaceutical sector, potassium iodide is often used to manufacture iodine-containing medications such as antiseptics, disinfectants, and expectorants.

In the event of a nuclear accident or emergency, it is administered as a radiation protective agent to prevent the thyroid gland from accumulating radioactive iodine.

It is used to improve the clarity and contrast of photographic images as a photographic intensifier and toner.

It is used in iodometry, a titration method used to determine the concentration of oxidising chemicals, as an iodine source.

Key Players:

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

Recent News:

  • 30 August 2022: To safeguard Ukrainians from potential radiation exposure, EU donates 5 million potassium iodide tablets.

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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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