Europe Bromine Market Summary, Competitive Analysis and Forecast to 2027
Summary
Bromine in Europe 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 European bromine market had total revenues of $385.1 million in 2022, representing a compound annual growth rate (CAGR) of 1.2% between 2017 and 2022.
The flame retardants segment accounted for market's the largest proportion in 2022, with total revenues of $198.5 million, equivalent to 51.5% of the market's overall value.
In 2022, the market recorded healthy growth owing to strong demand from the appliance, electronic, automotive, and construction industries, the leading consumers of brominated flame retardants (BFRs).
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bromine market in Europe
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bromine market in Europe
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 Europe bromine market with five year forecasts
Reasons to Buy
What was the size of the Europe bromine market by value in 2022?
What will be the size of the Europe bromine market in 2027?
What factors are affecting the strength of competition in the Europe bromine market?
How has the market performed over the last five years?
Who are the top competitors in Europe'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 strategies do the leading players follow?
8 Company Profiles
8.1. ICL Group Limited
8.2. Albemarle Corporation
8.3. Contract 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: Europe bromine market value: $ million, 2017-22
Table 2: Europe bromine market category segmentation: % share, by value, 2017-2022
Table 3: Europe bromine market category segmentation: $ million, 2017-2022
Table 4: Europe bromine market geography segmentation: $ million, 2022
Table 5: Europe 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