Global Bromine Market Insights, Size and Growth Forecast To 2027

 

Global Bromine Market: Overview
Bromine molecule is a volatile red-black liquid at standard temperature and pressure, and its activity is between chlorine and iodine. Pure bromine is also called bromine. Bromine vapors are corrosive and toxic. Bromine and its compounds can used as flame retardants, water purifiers, pesticides, dyes, and more. Bromine and mercury were contained in red medicine water, which was once a commonly used disinfectant. In photography, bromine and iodine and silver compounds act as sensitizers. 

Bromine compounds are also very versatile, and silver bromide used as a sensitizer in photography. Bromine can be used in the preparation of pigments and chemical intermediates. The combined use of bromine and chlorine can be used for water treatment and sterilization.

Global Bromine Market: Insights
The global bromine market expected to generate USD 3.5 billion in 2019 and anticipated to reach over USD 4.9 billion, registering a CAGR of 5.14% during the forecast period (2020-2027). The rise in demand for bromine in flame retards, water treatment, and oil & gas drilling likely expected to drive the global bromine market in the upcoming periods. Additionally, the growing consumption in various industries such as the cosmetic industry, textile industry, pharmaceuticals, and Agro-Fumigants estimated to fuel the global bromine market in the upcoming periods. Bromine often used in drug synthesis, such as barbiturates and brominated alkanes, which are required for ring formation. For cephalosporin intermediates, p-nitrobenzyl bromide must added to penicillin V potassium Esterification.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”


Moreover, the increasing demand for bromine in electronics, semiconductors, water treatment, and agriculture industries, will robust the global bromine market in the future periods. Additionally, the surge in the use of bromine in the preparation of organic bromides and preparation of pigments and chemical intermediates expected to trigger the global bromine market in the projected market. Furthermore, rising demand for bromine to produce bromine-containing vegetable oils, which are used as emulsions in many orange-flavored soft drinks, will propel the bromine market in the forecast periods. Calcium, sodium, and zinc bromides have a place in the bromine market. These salts produce dense compounds in water that can be used as drilling fluids.

The SPER market research report of the bromine market includes all integrated approaches to the growth of the market, along with an accurate & elaborate analysis of the complete competitive situation of this market on a global level. Besides the current analytical & statistical account, the report cloaks the trends market drivers, challenges, potential opportunities, which affect the market. This market report discusses the present situation to predicted trends & aspects of the growth of the bromine market. Furthermore, it gives a dynamic overview & insights related to the market at both global as well as regional scale.

REPORT HIGHLIGHTS
  • Overview of key market forces restraining and propelling market growth.
  • Provide demand, current & past status & also the forecasting up to 2027.
  • Provide complete overview including derivative, application, and end-user industry & forecast region.
  • Provide focused analysis of key manufacturers with their production volume, market share & also help to identify market competition landscape with SWOT analysis.
  • Historical, current, and projected market size in terms of value.
  • Analyze the global & regional potential market, advantages, risk & opportunity.
  • Identify significant factors and trends driving or inhibiting the market growth.
  • In-depth coverage of the complete market in terms of supplier, buyer, price, trend, growth & forecasting.
THE REPORT COVERS ANALYSIS OF BROMINE MARKET, BY DERIVATIVE
  • Organobromine
  • Clear Brine Fluids
  • Hydrogen Bromide 
THE REPORT COVERS ANALYSIS OF BROMINE MARKET, BY APPLICATION
  • Flame Retardants
  • Water Treatment
  • HBr Flow Batteries
  • Mercury Emission Control
  • PTa Synthesis
  • Others
THE REPORT COVERS ANALYSIS OF BROMINE MARKET, BY END-USER INDUSTRY
  • Pharmaceuticals
  • Cosmetics
  • Textile
  • Pesticides
  • Automotive
  • Others
THE REPORT COVERS EXHAUSTIVE ANALYSIS ON
  • Market Segments
  • Market Dynamics
  • Brands in Market
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved
  • Forecasting
  • Technology
THE REPORT INCLUDES REGIONAL ANALYSIS ON
  • North America (Canada, US, Mexico, & Rest of North America Available)
  • Asia-Pacific (China, India, South Korea, Japan & Rest of Asia Pacific Available)
  • Europe (Germany, Spain, France, United Kingdom & Rest of Europe Available)
  • Central & South America (Brazil, Argentina & Rest of South America Available)  
  • Middle East & Africa (GCC Countries, South Africa, & Rest of MEA available)
KEY PLAYERS OF BROMINE MARKET
  • Israel Chemicals Limited
  • Albemarle Corporation
  • LANXESS Corporation
  • Tosoh Corporation
  • Tata Chemicals Limited
  • Gulf Resources Inc.
  • TETRA Technologies, Inc.
  • Hindustan Salts Limited
  • Honeywell International Inc.
  • Perekop Bromine
  • Other Prominent Players
Note: The segmentation & companies provided are subject to change/modification as per the availability of data during the final study.

About SPER Market Research:

SPER Market Research is one of the world’s most trusted market research, market intelligence, and consulting companies offering strategic research, custom research, market intelligence solutions, quantitative data collection, qualitative fieldwork, online research panel and consumer research. Headquartered in Noida city, the company has offices worldwide, and provides strategic & consulting services.

SPER Market Research is amongst the top market research company and we have served over 20 industries, with core offerings in Pharmaceutical/Healthcare, Business to Business research (B2B), Nutraceuticals, Food & Beverages, Cosmetic, Dermatology, Dental, Herbal, Chemical, Consumer, Information Technology and other industries.

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