Iodine is used in a diverse applications by a wide variety of industries. Around half, however, is used in applications directly related to human health, for example X-ray contrast media, iodophors (biocides) and pharmaceuticals. Most of the remainder is used in industrial applications including OPF (Optical Polarizing Film) for liquid crystal displays (LCDs), catalysts, heat stabilisers and the production of fluorine derivatives. Markets for iodine tend to be long-established and mature so show low growth rates. The exception is that for OPF, which has risen from an estimated 200t in 2000 to 3,950t in 2012.The main trade flows of iodine and iodine derivatives are from Chile and Japan to North America and Europe. Asian imports, especially to China, India and South Korea, have become increasingly important over the last decade and exceeded those of North America in 2010 and 2012. In terms of consumption, Asia is the leading region followed by Europe and North America.
Growth In Supply Is Expected To Increase Faster Than Demand And Lead To Prices Falling From Record Levels
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