Iodophors are chemical compounds that contain iodine and a solubilizing agent, usually a surfactant, which are used as disinfectants and antiseptics. The global iodophor market is expected to grow at a significant rate in the coming years, driven by increasing awareness about hygiene and sanitation in various industries.
The food and beverage processing industry, in particular, is witnessing a surge in demand for iodophors due to the growing need for safe and hygienic food products. Iodophors are highly effective against a wide range of microorganisms, including bacteria, viruses, and fungi, which makes them an ideal choice for disinfection and sanitation in food processing plants. Additionally, the growing demand for these chemical compounds in the healthcare sector is also contributing to market growth. It is widely used as an antiseptic in hospitals and clinics to prevent infections and promote wound healing and is also used in medical devices, such as catheters and surgical instruments, to ensure their sterility and prevent cross-contamination.
Furthermore, these organic chemicals are widely used in the animal husbandry industry to disinfect equipment and facilities, as well as to prevent and treat various diseases in livestock. For instance, povidone-iodine is used as a surgical scrub for veterinary surgeries and for disinfecting animal housing areas and equipment such as stalls, feeding and watering troughs, and animal transport vehicles.
The iodophor market is broadly segmented into grade and application. The grade segment is further categorized into pharmaceutical and industrial. The application segment is further classified as food & beverage, animal husbandry, medical treatment, and others.
Some of the key players operating in this segment are BASF SE, Zen Chemicals. Co. Ltd, National Chemical Inc, Adani Pharmachem Private Limited., Deep Water Chemicals, and others. Prominent players involved in the marketplace are continuously focusing on business expansion activities through collaborations and partnerships across the value chain. For instance, in February 2021, National Chemical Inc announced with Aramark Corporation, an operations provider of facility and food.
North America and Europe are the leading markets for these organic chemicals, owing to the high demand from the healthcare industry, which uses it for various applications such as surgical site disinfection, skin preparation, and wound care. The animal husbandry industry is also a major consumer in these regions, especially for livestock and poultry farming.
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