The extraction of Iodine from caliche ores is highly effective
Iodine is a trace element that can be found in some foods, is added to some forms of salt, and can also be purchased as a nutritional supplement. The thyroid hormones thyroxine (T4) and triiodothyronine (T3) require iodine to function properly (T3). Thyroid hormones are essential determinants of metabolic activity because they govern numerous fundamental biochemical activities, such as protein synthesis and enzyme activity. They are also necessary for the healthy development of the skeleton and central nervous system in foetuses and babies.
Iodine |
The global Iodine market is estimated to be valued at US$ 1,485 million in 2021 and is expected to exhibit a CAGR of 5.4 % over the forecast period (2021-2028). Thyroid-stimulating hormone (TSH), commonly known as thyrotropin, is the hormone that regulates thyroid function. The pituitary gland secretes this hormone to regulate thyroid hormone production and secretion, protecting the organism against hypothyroidism and hyperthyroidism. TSH secretion promotes iodine absorption in the thyroid and induces T3 and T4 synthesis and release. TSH levels stay elevated in the lack of sufficient iodine, resulting in goitre, an enlargement of the thyroid gland caused by the body's attempt to trap more Iodine from the circulation and generate thyroid hormones. Other physiological activities of iodine in the body are unknown. It appears to play a function in immunological response and may be effective in the treatment of mammary dysplasia and fibrocystic breast disease, for example.
Market Drivers-
Increasing use of Iodine
as a contrast agent for the development of radiographic modalities is expected
to propel the market growth of iodine. Iodinated contrast agents are basically
injected into a blood vessel for clear imaging purposes. Iodine is gaining huge
demand from the healthcare sector for medical imaging purposes. Therefore, the
rising demand for iodine as a contrast agent from the healthcare industry is
projected to propel the market growth of iodine.
Iodine is found in the water, where sea life, particularly
seaweed, concentrates it. Iodine is a mineral that is used orally to prevent
and cure iodine deficiency and related symptoms, such as goitre and thyroid
diseases. Potassium iodide, a kind of iodine, has also been licenced by the US
FDA to prevent thyroid damage following a radioactive mishap. Pink eye, gum
infections, wound healing, and a variety of other diseases are all treated with
iodine, but there is little scientific evidence to back up many of these
claims.
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