Global Bromine Market Size, Competitive Analysis and Forecast to 2028
Summary
Global Bromine industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 global bromine market had total revenues of $3.5 billion in 2023, representing a compound annual growth rate (CAGR) of 3.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.8% between 2018 and 2023, to reach a total of 867.8 Kilotons in 2023.
- Asia-Pacific accounted for a 64.2% share of the global bromine market, followed by North America (17.1%), and Europe (11.4%) in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bromine market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global bromine market
- 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 Global bromine market with five year forecasts
- What was the size of the Global bromine market by value in 2023?
- What will be the size of the Global bromine market in 2028?
- What factors are affecting the strength of competition in the Global bromine market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's bromine market?
- 1.Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2.Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3.Market Data
- 3.1. Market value
- 3.2. Market volume
- 4.Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5.Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume 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?
- 7.4. What are the recent developments in the market?
- 8.Company Profiles
- 8.1. Albemarle Corporation
- 8.2. ICL Group Limited
- 8.3. Lanxess AG
- 8.4. Tata Chemicals Ltd.
- 9.Macroeconomic Indicators
- 9.1. Country data
- 10.Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 11.About GlobalData
- LIST OF TABLES
- Table 1: Global bromine market value: $ million, 2018–23
- Table 2: Global bromine market volume: Kilotons, 2018–23
- Table 3: Global bromine market category segmentation: % share, by value, 2018–2023
- Table 4: Global bromine market category segmentation: $ million, 2018-2023
- Table 5: Global bromine market geography segmentation: $ million, 2023
- Table 6: Global bromine market value forecast: $ million, 2023–28
- Table 7: Global bromine market volume forecast: Kilotons, 2023–28
- Table 8: Albemarle Corporation: key facts
- Table 9: Albemarle Corporation: annual financial ratios
- Table 10: Albemarle Corporation: key employees
- Table 11: ICL Group Limited: key facts
- Table 12: ICL Group Limited: annual financial ratios
- Table 13: ICL Group Limited: key employees
- Table 14: Lanxess AG: key facts
- Table 15: Lanxess AG: annual financial ratios
- Table 16: Lanxess AG: key employees
- Table 17: Tata Chemicals Ltd.: key facts
- Table 18: Tata Chemicals Ltd.: annual financial ratios
- Table 19: Tata Chemicals Ltd.: key employees
- Table 20: Global exchange rate, 2019–22
- LIST OF FIGURES
- Figure 1: Global bromine market value: $ million, 2018–23
- Figure 2: Global bromine market volume: Kilotons, 2018–23
- Figure 3: Global bromine market category segmentation: $ million, 2018-2023
- Figure 4: Global bromine market geography segmentation: % share, by value, 2023
- Figure 5: Global bromine market value forecast: $ million, 2023–28
- Figure 6: Global bromine market volume forecast: Kilotons, 2023–28
- Figure 7: Forces driving competition in the global bromine market, 2023
- Figure 8: Drivers of buyer power in the global bromine market, 2023
- Figure 9: Drivers of supplier power in the global bromine market, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the global bromine market, 2023
- Figure 11: Factors influencing the threat of substitutes in the global bromine market, 2023
- Figure 12: Drivers of degree of rivalry in the global bromine market, 2023
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