Industry: Chemical & Material
Published Date: 2026-07-15
Pages: 131 Pages
Report ld: 6947651
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Sodium Iodide Market Size(US$)

CAGR 2026-2032
6.7%
Market Size,2032
USD 310
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Sodium Iodide was estimated to be worth US$ 198 million in 2025 and is projected to reach US$ 310 million, growing at a CAGR of 6.7% from 2026 to 2032.
Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
The North American market for Sodium Iodide was valued at US$ million in 2025 and is projected to reach US$ million by 2032, at a CAGR of % from 2026 to 2032.
The Asia-Pacific market for Sodium Iodide was valued at $ million in 2025 and is projected to climb to US$ million by 2032, at a CAGR of % from 2026 to 2032.
The European market for Sodium Iodide was valued at $ million in 2025 and is projected to total US$ million by 2032, at a CAGR of % from 2026 to 2032.
The global key companies in the Sodium Iodide market include Iofina, Ajay-SQM, Tocean Iodine Products, Boyuan Pharmaceutical&Chemical, Nanjing Taiye Chemical, Taixing Youlian Fine Chemical, Jindian Chemical, Jiangxi Shengdian S&T, etc. In 2025, the five largest players accounted for approximately % of revenue.
This report provides a comprehensive view of the global market for Sodium Iodide, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Sodium Iodide market size, estimations, and forecasts are presented in terms of sales volume (MT) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Sodium Iodide.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Sodium Iodide manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Sodium Iodide sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Sodium Iodide sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Sodium Iodide Product Introduction
1.2 Global Sodium Iodide Market Size Forecast
1.2.1 Global Sodium Iodide Sales Value (2021–2032)
1.2.2 Global Sodium Iodide Sales Volume (2021–2032)
1.2.3 Global Sodium Iodide Sales Price (2021–2032)
1.3 Sodium Iodide Market Trends & Drivers
1.3.1 Sodium Iodide Industry Trends
1.3.2 Sodium Iodide Market Drivers & Opportunities
1.3.3 Sodium Iodide Market Challenges
1.3.4 Sodium Iodide Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Sodium Iodide Players Revenue Ranking (2025)
2.2 Global Sodium Iodide Revenue by Company (2021–2026)
2.3 Global Sodium Iodide Sales Volume Ranking of Players (2025)
2.4 Global Sodium Iodide Sales Volume by Company (2021–2026)
2.5 Global Sodium Iodide Average Price by Company (2021–2026)
2.6 Key Manufacturers Sodium Iodide Manufacturing Base and Headquarters
2.7 Key Manufacturers Sodium Iodide Product Offerings
2.8 Key Manufacturers Start of Mass Production of Sodium Iodide
2.9 Sodium Iodide Market Competitive Analysis
2.9.1 Sodium Iodide Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Sodium Iodide Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Sodium Iodide revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Sodium Iodide Market Classification
3.1 Introduction by Type
3.1.1 Pharmaceutical Grade
3.1.2 Industrial Grade
3.1.3 Others
3.1.4 Global Sodium Iodide Sales Value by Type
3.1.4.1 Global Sodium Iodide Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Sodium Iodide Sales Value, by Type (2021–2032)
3.1.4.3 Global Sodium Iodide Sales Value, by Type (%), 2021–2032
3.1.5 Global Sodium Iodide Sales Volume by Type
3.1.5.1 Global Sodium Iodide Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global Sodium Iodide Sales Volume, by Type (2021–2032)
3.1.5.3 Global Sodium Iodide Sales Volume, by Type (%), 2021–2032
3.1.6 Global Sodium Iodide Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food Industry
4.1.2 Pharmaceutical
4.1.3 Industrial
4.1.4 Others
4.2 Global Sodium Iodide Sales Value by Application
4.2.1 Global Sodium Iodide Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Sodium Iodide Sales Value, by Application (2021–2032)
4.2.3 Global Sodium Iodide Sales Value, by Application (%), 2021–2032
4.3 Global Sodium Iodide Sales Volume by Application
4.3.1 Global Sodium Iodide Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Sodium Iodide Sales Volume, by Application (2021–2032)
4.3.3 Global Sodium Iodide Sales Volume, by Application (%), 2021–2032
4.4 Global Sodium Iodide Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Sodium Iodide Sales Value by Region
5.1.1 Global Sodium Iodide Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Sodium Iodide Sales Value by Region (2021–2026)
5.1.3 Global Sodium Iodide Sales Value by Region (2027–2032)
5.1.4 Global Sodium Iodide Sales Value by Region (%), 2021–2032
5.2 Global Sodium Iodide Sales Volume by Region
5.2.1 Global Sodium Iodide Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Sodium Iodide Sales Volume by Region (2021–2026)
5.2.3 Global Sodium Iodide Sales Volume by Region (2027–2032)
5.2.4 Global Sodium Iodide Sales Volume by Region (%), 2021–2032
5.3 Global Sodium Iodide Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Sodium Iodide Sales Value, 2021–2032
5.4.2 North America Sodium Iodide Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Sodium Iodide Sales Value, 2021–2032
5.5.2 Europe Sodium Iodide Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Sodium Iodide Sales Value, 2021–2032
5.6.2 Asia Pacific Sodium Iodide Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Sodium Iodide Sales Value, 2021–2032
5.7.2 South America Sodium Iodide Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Sodium Iodide Sales Value, 2021–2032
5.8.2 Middle East & Africa Sodium Iodide Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Sodium Iodide Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Sodium Iodide Sales Value and Sales Volume
6.2.1 Key Countries/Regions Sodium Iodide Sales Value, 2021–2032
6.2.2 Key Countries/Regions Sodium Iodide Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Sodium Iodide Sales Value, 2021–2032
6.3.2 United States Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Sodium Iodide Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Sodium Iodide Sales Value, 2021–2032
6.4.2 Europe Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Sodium Iodide Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Sodium Iodide Sales Value, 2021–2032
6.5.2 China Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.5.3 China Sodium Iodide Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Sodium Iodide Sales Value, 2021–2032
6.6.2 Japan Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Sodium Iodide Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Sodium Iodide Sales Value, 2021–2032
6.7.2 South Korea Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Sodium Iodide Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Sodium Iodide Sales Value, 2021–2032
6.8.2 Southeast Asia Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Sodium Iodide Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Sodium Iodide Sales Value, 2021–2032
6.9.2 India Sodium Iodide Sales Value by Type (%), 2025 vs 2032
6.9.3 India Sodium Iodide Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Iofina
7.1.1 Iofina Company Information
7.1.2 Iofina Introduction and Business Overview
7.1.3 Iofina Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Iofina Sodium Iodide Product Offerings
7.1.5 Iofina Recent Developments
7.2 Ajay-SQM
7.2.1 Ajay-SQM Company Information
7.2.2 Ajay-SQM Introduction and Business Overview
7.2.3 Ajay-SQM Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Ajay-SQM Sodium Iodide Product Offerings
7.2.5 Ajay-SQM Recent Developments
7.3 Tocean Iodine Products
7.3.1 Tocean Iodine Products Company Information
7.3.2 Tocean Iodine Products Introduction and Business Overview
7.3.3 Tocean Iodine Products Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Tocean Iodine Products Sodium Iodide Product Offerings
7.3.5 Tocean Iodine Products Recent Developments
7.4 Boyuan Pharmaceutical&Chemical
7.4.1 Boyuan Pharmaceutical&Chemical Company Information
7.4.2 Boyuan Pharmaceutical&Chemical Introduction and Business Overview
7.4.3 Boyuan Pharmaceutical&Chemical Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Boyuan Pharmaceutical&Chemical Sodium Iodide Product Offerings
7.4.5 Boyuan Pharmaceutical&Chemical Recent Developments
7.5 Nanjing Taiye Chemical
7.5.1 Nanjing Taiye Chemical Company Information
7.5.2 Nanjing Taiye Chemical Introduction and Business Overview
7.5.3 Nanjing Taiye Chemical Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Nanjing Taiye Chemical Sodium Iodide Product Offerings
7.5.5 Nanjing Taiye Chemical Recent Developments
7.6 Taixing Youlian Fine Chemical
7.6.1 Taixing Youlian Fine Chemical Company Information
7.6.2 Taixing Youlian Fine Chemical Introduction and Business Overview
7.6.3 Taixing Youlian Fine Chemical Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Taixing Youlian Fine Chemical Sodium Iodide Product Offerings
7.6.5 Taixing Youlian Fine Chemical Recent Developments
7.7 Jindian Chemical
7.7.1 Jindian Chemical Company Information
7.7.2 Jindian Chemical Introduction and Business Overview
7.7.3 Jindian Chemical Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Jindian Chemical Sodium Iodide Product Offerings
7.7.5 Jindian Chemical Recent Developments
7.8 Jiangxi Shengdian S&T
7.8.1 Jiangxi Shengdian S&T Company Information
7.8.2 Jiangxi Shengdian S&T Introduction and Business Overview
7.8.3 Jiangxi Shengdian S&T Sodium Iodide Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Jiangxi Shengdian S&T Sodium Iodide Product Offerings
7.8.5 Jiangxi Shengdian S&T Recent Developments
8 Industry Chain Analysis
8.1 Sodium Iodide Industrial Chain
8.2 Sodium Iodide Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Sodium Iodide Sales Model
8.5.2 Sales Channels
8.5.3 Sodium Iodide Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
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Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
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Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
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The global Sodium Iodide market is projected to grow from US$ 187 million in 2024 to US$ 292 million by 2031, at a CAGR of 6.7% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
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Sodium iodide (chemical formula NaI) is an ionic compound formed from the chemical reaction of sodium metal and iodine. Under standard conditions, it is a white, water-soluble solid comprising a 1:1 mix of sodium cations (Na+) and iodide anions (I−) in a crystal lattice. It is used mainly as a nutritional supplement and in organic chemistry. It is produced industrially as the salt formed when acidic iodides react with sodium hydroxide.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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