Bromine Derivatives

Bromine Derivatives

Global Bromine Derivatives Market to Reach US$6.9 Billion by 2030

The global market for Bromine Derivatives estimated at US$4.9 Billion in the year 2023, is expected to reach US$6.9 Billion by 2030, growing at a CAGR of 5.0% over the analysis period 2023-2030. Tetrabromobisphenol A, one of the segments analyzed in the report, is expected to record a 4.6% CAGR and reach US$1.3 Billion by the end of the analysis period. Growth in the Hydrobromic Acid segment is estimated at 4.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 7.6% CAGR

The Bromine Derivatives market in the U.S. is estimated at US$1.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.0% and 4.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Bromine Derivatives Market – Key Trends & Drivers Summarized

How Are Bromine Derivatives Evolving with Advancements in Chemical Applications?

Bromine derivatives are evolving as advancements in chemical applications drive their use in a wide range of industries, including flame retardants, water treatment, pharmaceuticals, and oil and gas. Bromine, a highly reactive halogen, is commonly used in the production of bromine compounds, which serve as critical intermediates in various industrial processes. Bromine derivatives such as brominated flame retardants (BFRs) are widely used to enhance fire safety in materials such as plastics, textiles, and electronics. As fire safety regulations become stricter, the demand for more effective flame retardant solutions, including brominated compounds, is increasing.

Technological advancements in chemical processing and environmental control are also expanding the applications of bromine derivatives. In water treatment, bromine compounds such as sodium bromide and bromochlorodimethylhydantoin (BCDMH) are used as biocides to control microbial growth in cooling towers, pools, and industrial water systems. In the pharmaceutical industry, bromine derivatives are being used as intermediates in the synthesis of drugs and agrochemicals. Moreover, brominated compounds are essential in the oil and gas industry for drilling fluids and completion fluids, helping to maintain well stability and prevent blowouts. As demand for these diverse applications grows, bromine derivatives continue to evolve, offering improved performance, safety, and environmental compliance.

What Role Do Bromine Derivatives Play in Flame Retardants?

Bromine derivatives play a crucial role in flame retardants, particularly in materials used in electronics, building materials, and textiles. Brominated flame retardants (BFRs) are highly effective in reducing the flammability of materials by disrupting the combustion process and preventing the spread of fire. When exposed to heat, BFRs release bromine atoms, which react with free radicals in the combustion process, slowing down the chemical reactions that sustain fire. This makes BFRs one of the most efficient flame retardant solutions for a wide range of applications.

In the electronics industry, BFRs are commonly used in circuit boards, cables, and plastic enclosures to prevent fires caused by short circuits or overheating. They are also used in building materials such as insulation and foam, as well as in automotive interiors, where fire safety is critical. As fire safety regulations become more stringent across industries, the demand for effective flame retardants is increasing, driving the use of bromine derivatives. However, concerns about the environmental impact of certain BFRs have led to the development of more sustainable and eco-friendly alternatives, pushing the industry toward more environmentally conscious formulations.

How Are Bromine Derivatives Used in Water Treatment and Industrial Processes?

Bromine derivatives are widely used in water treatment and industrial processes due to their strong biocidal properties, which make them effective in controlling microbial growth in water systems. In water treatment, compounds such as sodium bromide and bromine-based biocides are used to disinfect water in cooling towers, swimming pools, and wastewater treatment plants. Bromine-based disinfectants are particularly effective in environments where high levels of organic matter or ammonia are present, as they maintain their biocidal activity under challenging conditions.

In industrial processes, bromine derivatives are used in oil and gas drilling fluids to maintain well stability and prevent blowouts. Brominated drilling fluids help control pressure and prevent the collapse of wells during drilling operations, making them essential for ensuring the safety and efficiency of oil extraction. Bromine derivatives are also used in the production of agrochemicals and pharmaceuticals as intermediates in the synthesis of various active ingredients. The versatility and effectiveness of bromine compounds in both water treatment and industrial applications make them indispensable in a wide range of industries.

What Factors Are Driving the Growth of the Bromine Derivatives Market?

The growth of the bromine derivatives market is driven by several factors, including the increasing demand for flame retardants, the expansion of water treatment applications, and the rising use of bromine compounds in pharmaceuticals and industrial processes. As fire safety regulations become more stringent, particularly in the electronics, automotive, and construction industries, the demand for brominated flame retardants is growing. These flame retardants are critical for reducing the risk of fire in materials such as plastics, textiles, and electronic components, making them essential for manufacturers.

In the water treatment sector, the need for effective biocides and disinfectants is driving the use of bromine derivatives in cooling towers, pools, and industrial water systems. Bromine compounds offer superior performance in controlling microbial growth, particularly in challenging environments where traditional chlorine-based disinfectants may be less effective. The growth of the oil and gas industry is also contributing to the demand for bromine derivatives, as these compounds are used in drilling fluids to enhance well stability and prevent blowouts.

Technological advancements in chemical manufacturing and environmental control are further expanding the applications of bromine derivatives in pharmaceuticals, agrochemicals, and other industries. Additionally, the increasing focus on sustainability is encouraging the development of more environmentally friendly brominated products, which is expected to drive further market growth. As industries such as electronics, water treatment, and oil and gas continue to expand, the bromine derivatives market is poised for sustained growth.

Select Competitors (Total 43 Featured) -

• Agrocel Industries Ltd.
• Albemarle Corporation
• Beacon Organosys
• Gulf Resources Inc.
• Hindustan Salts Ltd.
• Honeywell International Inc.
• ICC Industries
• Israel Chemicals Limited
• JK Chemicals
• Jordan Bromine Company Ltd.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.