Alcohol free iodine solution is a water based solution of iodine and potassium iodide.
Potassium Iodide 8.8 mg/ml
Iodine 2.2 mg/ml
Iodine is a very poisonous chemical. The iodine solution should be properly labeled and kept away from children and pets.
Iodine solution is very similar to Lugols solution.
In lugols solution we use 10% potassium iodide, 5% iodine and 85% water.