Asia-Pacific (APAC) Bromine Market Summary, Competitive Analysis and Forecast to 2027
Summary
Bromine in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Bromine is a chemical element from the same group as chlorine. At normal temperatures, it appears as a fuming reddish-brown liquid that is a mineral salt. Because of its high solubility, it has accumulated in the oceans of the world and is crucial to algal life. Bromine is used in fire extinguishers, brominated flame retardants, water purifiers, flow batteries, well-drilling fluids, insecticides, drugs, and light-sensitive photographic plates.
- The Asia-Pacific bromine market had total revenues of $2,122.2 million in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
- The flame retardants segment accounted for market's the largest proportion in 2022, with total revenues of $978.2 million, equivalent to 46.1% of the market's overall value.
- In Asia-Pacific market China is the largest producer and consumer of bromine. According to the U.S. Geological Survey, China’s bromine production stood at 70,000 metric tons in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bromine market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bromine market in Asia-Pacific
- Leading company profiles reveal details of key bromine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific bromine market with five year forecasts
- What was the size of the Asia-Pacific bromine market by value in 2022?
- What will be the size of the Asia-Pacific bromine market in 2027?
- What factors are affecting the strength of competition in the Asia-Pacific bromine market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific's bromine market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the strategies followed by the leading players?
- 8 Company Profiles
- 8.1. ICL Group Limited
- 8.2. Albemarle Corporation
- 8.3. Tata Chemicals Ltd.
- 8.4. Lanxess AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Asia-Pacific bromine market value: $ million, 2017-22
- Table 2: Asia-Pacific bromine market category segmentation: % share, by value, 2017-2022
- Table 3: Asia-Pacific bromine market category segmentation: $ million, 2017-2022
- Table 4: Asia-Pacific bromine market geography segmentation: $ million, 2022
- Table 5: Asia-Pacific bromine market value forecast: $ million, 2022-27
- Table 6: ICL Group Limited: key facts
- Table 7: ICL Group Limited: annual financial ratios
- Table 8: ICL Group Limited: key employees
- Table 9: ICL Group Limited: key employees Continued
- Table 10: Albemarle Corporation: key facts
- Table 11: Albemarle Corporation: annual financial ratios
- Table 12: Albemarle Corporation: key employees
- Table 13: Albemarle Corporation: key employees Continued
- Table 14: Tata Chemicals Ltd.: key facts
- Table 15: Tata Chemicals Ltd.: annual financial ratios
- Table 16: Tata Chemicals Ltd.: key employees
- Table 17: Lanxess AG: key facts
- Table 18: Lanxess AG: annual financial ratios
- Table 19: Lanxess AG: key employees
- Table 20: Asia-Pacific exchange rate, 2018-22
- List of Figures
- Figure 1: Asia-Pacific bromine market value: $ million, 2017-22
- Figure 2: Asia-Pacific bromine market category segmentation: $ million, 2017-2022
- Figure 3: Asia-Pacific bromine market geography segmentation: % share, by value, 2022
- Figure 4: Asia-Pacific bromine market value forecast: $ million, 2022-27
- Figure 5: Forces driving competition in the bromine market in Asia-Pacific, 2022
- Figure 6: Drivers of buyer power in the bromine market in Asia-Pacific, 2022
- Figure 7: Drivers of supplier power in the bromine market in Asia-Pacific, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the bromine market in Asia-Pacific, 2022
- Figure 9: Factors influencing the threat of substitutes in the bromine market in Asia-Pacific, 2022
- Figure 10: Drivers of degree of rivalry in the bromine market in Asia-Pacific, 2022
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