[2024] Silver Iodide Market Growth Expected to See Next Level at a CAGR of 6.8% by 2030

The silver iodide market was valued at $257.6 million in 2020, and is projected to reach $494.0 million by 2030, growing at a CAGR of 6.8% from 2021 to 2030.

WILMINGTON, DE, UNITED STATES, November 22, 2024 /EINPresswire.com/ -- According to the report, the global silver Iodide industry generated $257.6 million in 2020, and is anticipated to generate $494.0 million by 2030, witnessing a CAGR of 6.8% from 2021 to 2030.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/14059

Allied Market Research published a report, titled, "Silver Iodide Market by Application (Cloud Seeding, Antiseptic Material, Photosensitive Material, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030".

Prime determinants of growth:
Rise in cloud seeding activities by numerous countries around the world and surge in demand for water from farmers drive the growth of the global silver Iodide market. However, availability of alternatives for cloud seeding hinder the market growth. On the other hand, the growth of weather modification market or industry present new opportunities in the coming years.

Have Any Query? Ask Our Expert : https://www.alliedmarketresearch.com/purchase-enquiry/14059

Leading Market Players:-
Otto Chemie Pvt. Ltd.
Vizag Chemical
Hanhong Pharmaceutical Technology Co., Ltd.
Anward
ChemScence
MolCore
ALB Materials Inc
Colonial Metals, Inc.
GFS Chemicals, Inc.
Deepwater Chemicals, Inc.
Mil-Spec Industries Corporation.
Wuhan Silworld Chemical Co., Ltd.
Noah Chemicals
ESPI metal

Key findings of the study
The report outlines the current silver iodide market trends and future scenario of the market from 2021 to 2030 to understand the prevailing opportunities and potential investment pockets.
The silver iodide market size is provided in terms of revenue.
On the basis of region, Europe silver iodide market garnered share of 13.5% in 2020 in terms of revenue.
On the basis of application, antiseptic material segment garnered market share of 21.2% in 2020 in terms of revenue.
The report also covers the impact of COVID-19 on the silver iodide market.

Interested in Procuring This Report? Visit Here:
https://www.alliedmarketresearch.com/silver-iodide-market/purchase-options

The cloud seeding segment to maintain its lead position during the forecast period
Based on application, the cloud seeding segment accounted for the largest share in 2020, contributing to more than two-fifths of the global silver Iodide market, and is projected to maintain its lead position during the forecast period. This is due to rise in demand for voice assistant solution across communication sector. Moreover, the same segment is expected to portray the largest CAGR of 7.0% from 2021 to 2030. Other segments discussed on the report are antiseptic material, photosensitive materials etc.

Asia-Pacific, followed by North America to maintain its dominance by 2030
Based on region, Asia-Pacific, followed by North America held the highest market share in terms of revenue 2020, accounting for more than two-fifths of the global silver Iodide market, owing to the availability of prime players paired with rise in adoption of advanced voice assistant solutions across communication sector. The same region is also expected to witness the fastest CAGR of 7.1% during the forecast period. Other provinces discussed on the report are Europe, LAMEA and North America.

Access Full Summary Report: https://www.alliedmarketresearch.com/silver-iodide-market-A13690

For More Details: https://www.prnewswire.com/news-releases/silver-iodide-market-to-garner-494-0-million-globally-by-2030-at-6-8-cagr-says-allied-market-research-301396838.html

Related Reports:
Helium Market : https://www.alliedmarketresearch.com/helium-market-A13665

Hyaluronic Acid Market : https://www.alliedmarketresearch.com/hyaluronic-acid-market-A07480

About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+ +1 800-792-5285
email us here
Visit us on social media:
Facebook
X