Iodine is a halogen element with the atomic number 53 in the periodic table's group seven. It has a lustrous sheen and is blue-black in colour. Iodine is found in a variety of chemical forms, including iodate, iodide, and elemental iodine, however it is most commonly found as the diatomic molecule I2. Iodine is abundant in seawater, but its distribution is uneven across ocean and land. Iodine derivatives are widely used as a chemical intermediary in industry.
A prominent trend in the Iodine Market is expected to be manufacturers' increased focus on introducing sophisticated technologies for extracting iodine and its derivatives from seaweed and caliche ores. When compared to other sources, the extraction of iodine from caliche ores is extremely efficient. Furthermore, the increased use of iodine in photography and the production of fluorinated derivatives is likely to boost iodine market growth.
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