Iodine Production Cost Reports

Iodine production cost report provides a comprehensive analysis and know-how for setting up a Iodine production plant. The study covers all the requisite aspects that one needs to know for the production of Iodine. This includes manufacturing processes, raw material requirements, utility requirements, infrastructure requirements, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, etc.

Iodine is an element with a chemical symbol (I), and its atomic number is 53. It is a halogen with a dark gray colored crystalline powder. Its melting and boiling point is measured at approximately 113.7 °C and 184 °C, respectively. It is a non-metallic element with a lustrous appearance that is obtained by processing brine solution. It remains stable under normal conditions but can undergo decomposition when heated. It sublimes at an elevated temperature while releasing deep violet vapor in the air. It is an electropositive halogen and least reactive in nature.

Iodine is slightly soluble in water and can be dissolved in other chemical solvents. The compound is soluble in carbon tetrachloride and is highly soluble in ethanol and isopropanol. The compound is naturally available in air, soil, and water. However, it is synthesized from brine pools, such as underground water, seawater beds, oceans, etc. It reacts with fluorine and gives Iodine fluoride. It readily reacts with other elements, including aluminium, phosphorous, silver, etc., and gives its corresponding iodides. It reacts with bromine and results in the formation of Iodine bromide, which is very unstable in nature.

Iodine is a halogen that is majorly utilized in the pharmaceutical, agrochemical, and food industries. It is one of the essential elements that is needed by humans and plants. Therefore, Iodine is utilized as a component in the preparation and production of medications and dietary supplements that treat Iodine deficiency in the body.

The medications with Iodine are taken for the treatment of conditions such as thyroid. The element is also included in different food products, including salt and dairy products such as yogurt, cheese, infant food mixtures, etc. Moreover, it is used in the formulation and production of agrochemical varieties, including fertilizers containing Iodine or iodized chemicals such as potassium iodate, etc.

The market for Iodine is primarily driven by its demand as a common halogen additive in the agrochemical, food, and pharmaceutical industries. Its benefits in medicines treat different diseases, and hence its usage in the production of medications (particularly for thyroid) boosts its demand on a large scale.  Its involvement as a component in other nutritional supplements, including dairy products, salt, and infant food mixtures, increases its usage and drives its demand in the food industry.

Moreover, its other applications in the production of fertilizers for plant growth, ensuring the presence of Iodine in the soil, strengthen its market growth. All of these applications of Iodine in the food, pharmaceutical, and agrochemical industries (as an additive) drive its demand and, hence, govern its overall procurement in the chemical market.