A new report by Global Industry Analysts, Inc. projects the global iodine market to reach 28,110 metric tons by 2015. Most of the growth is attributable to the strong demand for optical polarizing films used in the manufacture of LCD computer screens. Human health, however, remains "by far the largest and most sustaining end-use market for iodine worldwide," the report declares.
"Global iodine consumption towards enhancement of human health is greater than ever before, resulting from increased awareness about the importance of iodine as a mandatory dietary ingredient. This is particularly valid in the light of IDDs (iodine deficiency disorders) continuing to plague several parts of the world even in the technologically advanced 21st century. Despite continued efforts of social organizations like WHO and UNICEF, recent statistics reveal that approximately one billion people worldwide are still afflicted by iodine deficiency disorders."
The report erroneously states that "Latin America and the Caribbean regions are the most seriously affected worldwide." Actually, the Americas are leading the way forward with the major challenges existing in South Asia and Africa, though there are challenges in all parts of the world.
Iodine for human dietary use will be competing more heavily with increased industrial uses for iodine including as a replacement for chlorine-based chlorofluorocarbons, as a replacement for bromine in herbicides as well as in biocides, contrast media and pharmaceuticals. Increased use of x-rays and medical MRIs will also increase the demand for iodine.