- Pharmaceutical Grade
- Industrial Grade
2-Iodophenol Market size was valued at USD 31.4 Billion in 2023 and is poised to grow at a CAGR of 5.4% over 2024-2030. The chemical compound 2-iodophenol, that has the molecular formula C6H5IO, is a derivative of phenol in which an iodine atom (I) is substituted for one of the hydrogen atoms on the phenol ring. It is employed as a starting material or intermediate in various chemical synthesis industries. The increased demand for specialized chemicals in the pharmaceutical industries like 2-iodophenol for the synthesis of drug intermediates and active pharmaceutical ingredients (APIs) in research and drug discovery drives demand for this compound. Furthermore, the requirement of 2-iodophenol in chemical synthesis and organic chemistry as a reagent to participate in various chemical reactions due to the presence of the iodine atom like halogenation, cross-coupling, substitution, and other types of reactions is anticipated to drive the market.
Additionally, producing 2-iodophenol and its derivatives for research institutions and pharmaceutical companies that demand specialty chemicals presents prospects for businesses that provide bespoke synthesis services. Currently, compliance with stringent regulatory and environmental regulations, in chemical and pharmaceutical industries, to ensure the quality and purity of 2-iodophenol to meet the demands of environmentally conscious customers is becoming popular in the market. But, the high cost of iodine, a key material for 2-iodophenol synthesis, along with the potential health hazard is anticipated to hinder the market growth. Moreover, the increased demand for solvents in several industries, rising medical and pharmaceutical sectors, increased competition among the key market players, and improved facilities for research and developmental activities are anticipated to propel the market during the forecast period.
2-Iodophenol Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.4%
Largest Market
North America
Fastest Growing Market
Asia Pacific
2-Iodophenol Market Dynamics
The market is expected to rise in utilization of pharmaceutical grade 2-Iodophenol. The rising demand for the highest purity and quality standards chemicals for pharmaceutical and medicinal applications drives the market. It is largely utilized in pharmaceutical research and medication production, where high requirements for product quality, uniformity, and regulatory compliance are essential. The use of pharmaceutical grade 2-iodophenol may be influenced by the pharmaceutical industry's need for high-quality intermediates and active pharmaceutical ingredients (APIs). Furthermore, the spike in demand for domestic and commercial disinfectant products across the world during the COVID-19 pandemic has led to a major surge in the market owing to the increased utilization of pharmaceutical grade 2-iodophenol. Moreover, market expansion is anticipated as hygiene products become more popular and people become more aware of them. Therefore, the market for pharmaceutical grade 2-Iodophenol would be significantly impacted by the need from health sector.
Asia-Pacific Got Significant Share
2-Iodophenol Market Regional Analysis
Asia Pacific 2-Iodophenol market is poised to grow at 6.2% CAGR over the forecast period owing to rapid growth in the market and research environment in emerging economies such as China and India, leading to a gradual increase in economic and research activities. According to EFPIA, during the period Chinese and Indian pharmaceutical markets grew by 5.3% and 11.0% respectively compared to an average market growth of 6.6% globally. China is a major market player in the chemical & pharmaceutical industry, and is projected to grow at 6.3% CAGR over 2023 – 2029.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The 2-Iodophenol market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
2-Iodophenol Market Segmentation
By Grade
By Purity Level
- >98% Purity
- >99% Purity
By End User
- Chemical Synthesis
- Pharmaceutical
- Dyes and Pigments
- Others
Frequently Asked Questions
The global 2-Iodophenol market valued at USD 31.4 billion in 2022 and is expected to grow at 5.4% CAGR over the forecast period 2023 – 2029.
The increased demand for specialized chemicals in the pharmaceutical industries like 2-iodophenol for the synthesis of drug intermediates and active pharmaceutical ingredients (APIs) in research and drug discovery drives demand for this compound.
Sarex Overseas, Spec-Chem Products., Inc, Kingreat Company Ltd, Sancai Industry, Daming Changda Co. Ltd., Xiamen Equation Chemical Co Ltd, Autech Industry Co. Ltd, Fintech Industry Ltd, Skyrun Industrial Co., Ltd, Spartan Chemical Company, Decon labs, and Yudong technologies are a few companies operating in 2-Iodophenol market.
| 1.Executive Summary |
| 2.Global 2-Iodophenol Market Introduction |
| 2.1.Global 2-Iodophenol Market - Taxonomy |
| 2.2.Global 2-Iodophenol Market - Definitions |
| 2.2.1.Grade |
| 2.2.2.Purity Level |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global 2-Iodophenol Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global 2-Iodophenol Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global 2-Iodophenol Market By Grade, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Pharmaceutical Grade |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Industrial Grade |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global 2-Iodophenol Market By Purity Level, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. >98% Purity |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. >99% Purity |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global 2-Iodophenol Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Chemical Synthesis |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Pharmaceutical |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Dyes and Pigments |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global 2-Iodophenol Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America 2-Iodophenol Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Grade Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Pharmaceutical Grade |
| 9.1.2.Industrial Grade |
| 9.2. Purity Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.>98% Purity |
| 9.2.2.>99% Purity |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Chemical Synthesis |
| 9.3.2.Pharmaceutical |
| 9.3.3.Dyes and Pigments |
| 9.3.4.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe 2-Iodophenol Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Grade Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Pharmaceutical Grade |
| 10.1.2.Industrial Grade |
| 10.2. Purity Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.>98% Purity |
| 10.2.2.>99% Purity |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Chemical Synthesis |
| 10.3.2.Pharmaceutical |
| 10.3.3.Dyes and Pigments |
| 10.3.4.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) 2-Iodophenol Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Grade Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Pharmaceutical Grade |
| 11.1.2.Industrial Grade |
| 11.2. Purity Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.>98% Purity |
| 11.2.2.>99% Purity |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Chemical Synthesis |
| 11.3.2.Pharmaceutical |
| 11.3.3.Dyes and Pigments |
| 11.3.4.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) 2-Iodophenol Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Grade Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Pharmaceutical Grade |
| 12.1.2.Industrial Grade |
| 12.2. Purity Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.>98% Purity |
| 12.2.2.>99% Purity |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Chemical Synthesis |
| 12.3.2.Pharmaceutical |
| 12.3.3.Dyes and Pigments |
| 12.3.4.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America 2-Iodophenol Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Grade Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Pharmaceutical Grade |
| 13.1.2.Industrial Grade |
| 13.2. Purity Level Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.>98% Purity |
| 13.2.2.>99% Purity |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Chemical Synthesis |
| 13.3.2.Pharmaceutical |
| 13.3.3.Dyes and Pigments |
| 13.3.4.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Sarex Overseas |
| 14.2.2.Spec-Chem Products Inc |
| 14.2.3.Kingreat Company Ltd |
| 14.2.4.Sancai Industry |
| 14.2.5.Daming Changda Co Ltd |
| 14.2.6.Xiamen Equation Chemical Co Ltd |
| 14.2.7.Autech Industry Co. Ltd |
| 14.2.8.Fintech Industry Ltd |
| 14.2.9.Skyrun Industrial Co Ltd |
| 14.2.10.Spartan Chemical Company |
| 14.2.11.Decon labs |
| 14.2.12.Yudong technologies |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Sarex Overseas
- Spec-Chem Products Inc
- Kingreat Company Ltd
- Sancai Industry
- Daming Changda Co Ltd
- Xiamen Equation Chemical Co Ltd
- Autech Industry Co. Ltd
- Fintech Industry Ltd
- Skyrun Industrial Co Ltd
- Spartan Chemical Company
- Decon labs
- Yudong technologies