Bromine Market, By Derivatives (Clear Brine Fluids, Hydrogen Bromide, Organobromines), By Application (Flame Retardants, Biocides, Oil and Gas Drilling, Plasma Etching, PTA Synthesis, Others), By End Use Industry (Oil and Gas, Chemicals, Pharmaceuticals, Electronics, Textiles, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The global bromine market has been witnessing steady growth in the past few years, driven by the increasing use of bromine in various applications such as flame retardants, biocides, drilling fluids, and water treatment. Bromine possesses excellent chemical and flame-retardant properties, which makes it an essential part of numerous end-use industries, from electronics to construction. Growing automotive and electronics industries, along with rising disposable incomes in developing countries, have fueled the consumption of bromine-based flame retardants in many consumer products. Moreover, the increasing use of bromine in agrochemicals and oil & gas exploration activities is likely to support the market expansion over the coming years. However, rising environmental concerns regarding toxic emissions from bromine compounds may hamper the growth of the global bromine market to some extent during the forecast period.
Market Dynamics:
The global bromine market is primarily driven by rising demand for bromine-based flame retardants from industries such as building and construction, automotive, electronics, and textiles. Bromine flame retardants are commonly used in wires & cables, circuit boards, upholstery, carpets, and insulation materials due to their non-toxic and cost-effective nature. Furthermore, the increasing application of bromine compounds in water treatment, oil & gas exploration, agrochemicals, and personal care products is anticipated to pave new growth avenues for market players. However, stringent environmental regulations regarding the use of certain toxic brominated flame retardants may act as a restraint. Moreover, the availability of substitute products may hamper market demand to some extent. On the flip side, growing research and development R&D activities towards developing eco-friendly bromine compounds are likely to present lucrative opportunities over the next few years.
Key Features of the Study:
- This report provides an in-depth analysis of the global bromine market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global bromine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include - Albemarle Corporation, Israel Chemicals Limited, Chemtura. Corporation, Tosoh Corporation, Gulf Resources Inc., Tetra Technologies Inc., Tata Chemicals Limited, Hindustan Salts Limited, Honeywell International Inc. and Agrocel Industries Pvt. Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics.
- Global bromine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bromine market.
- Global Bromine Market, By Derivatives
- Clear Brine Fluids
- Hydrogen Bromide
- Organobromines
- Global Bromine Market, By Application
- Flame Retardants
- Biocides
- Oil and Gas Drilling
- Plasma Etching
- PTA Synthesis
- Others
- Global Bromine Market, By End- Use Industry
- Oil and Gas
- Chemicals
- Pharmaceuticals
- Electronics
- Textiles
- Others(Water Treatment, Cosmetics)
- Global Bromine Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in the Global Bromine Market
- Albemarle Corporation
- Israel Chemicals Limited
- Chemtura Corporation
- Tosoh Corporation
- Gulf Resources Inc.
- Tetra Technologies Inc.
- Tata Chemicals Limited
- Hindustan Salts Limited
- Honeywell International Inc.
- Agrocel Industries Pvt. Ltd.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Derivatives
- Market Snippet, By Application
- Market Snippet, By End- Use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Flame retardants
- Water disinfection
- Mercury emission control
- Restraints
- Regulations over flame retardant usage
- Easy availability of substitutes
- Opportunities
- Increasing demand from oil & gas industry
- Growing demand for mercury emission control
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Global Bromine Market- Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Bromine Market, By Derivatives , 2019-2031, (US$ Bn &KT)
- Introduction
- Market Share Analysis, 2024-2031(%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Clear Brine Fluids
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Hydrogen Bromide
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Organobromines
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- 6. Global Bromine Market, By Application, 2019-2031, (US$ Bn &KT)
- Introduction
- Market Share Analysis, 2024-2031(%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Flame Retardants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Biocides
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Oil and Gas Drilling
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Plasma Etching
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- PTA Synthesis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- 7. Global Bromine Market, By End-use Industry , 2019-2031, (US$ Bn &KT)
- Introduction
- Market Share Analysis, 2024-2031(%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Oil and Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Textiles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- Others (Water Treatment, Cosmetics)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Bn &KT)
- 8. Global Bromine Market, By Region, 2019-2031, (US$ Bn &KT)
- Introduction
- Market Share Analysis, By Region, 2024-2031(%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country , 2019-2031,(US$ Bn &KT)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn &KT)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn &KT)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn &KT)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Bn &KT)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Derivatives , 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By End- Use Industry, 2019-2031,(US$ Bn &KT)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031,(US$ Bn &KT)
- South Africa
- Central Africa
- North Africa
- 9. Competitive Landscape
- Company Profile
- Albemarle Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Israel Chemicals Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Chemtura Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Tosoh Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Gulf Resources Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Tetra Technologies Inc.
- Tata Chemicals Limited
- Hindustan Salts Limited
- Honeywell International Inc.
- Agrocel Industries Pvt. Ltd.
- Analyst Views
- 10. Section
- References
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Global Bromine Market” - Global forecast to 2031
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