Global Bromine Supply, Demand and Key Producers, 2023-2029

Global Bromine Supply, Demand and Key Producers, 2023-2029

The global Bromine market size is expected to reach $ 5404.1 million by 2029, rising at a market growth of 2.6% CAGR during the forecast period (2023-2029).

Global 5 largest manufacturers of Bromine are ICL, Jordan Bromine Company (JBC), Albemarle, Lanxess and Tosoh, which make up over 88%. Among them, ICL is the leader with about 30% market share. Mid East is the largest market, with a share about 40%, followed by North America and China, with the share about 28% and 22%. In terms of product type, Dead Sea Brine occupy the largest share of the total market, about 60%. And in terms of product Application, the largest application is Flame Retardant, followed by Drilling Fluid.

Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery.

This report studies the global Bromine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Bromine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Bromine that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Bromine total production and demand, 2018-2029, (Tons)

Global Bromine total production value, 2018-2029, (USD Million)

Global Bromine production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Bromine consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Bromine domestic production, consumption, key domestic manufacturers and share

Global Bromine production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Bromine production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Bromine production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons).

This reports profiles key players in the global Bromine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ICL, Albemarle, Lanxess, Jordan Bromine Company (JBC), Tosoh, Solaris Chemtech (SCIL), Perekop Bromine, Yuyuan Group and Haiwang Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Bromine market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Bromine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Bromine Market, Segmentation by Type
Dead Sea Brine
Brine Wells

Global Bromine Market, Segmentation by Application
Flame Retardant
Fungicide
Drilling Fluid
Chemical Intermediate
Water Treatment
Other

Companies Profiled:
ICL
Albemarle
Lanxess
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Dadi Salt Chemical Group
Chengyuan Salt Chemical
Lubei Chemical
Runke Chemical
Haihua Group

Key Questions Answered

1. How big is the global Bromine market?

2. What is the demand of the global Bromine market?

3. What is the year over year growth of the global Bromine market?

4. What is the production and production value of the global Bromine market?

5. Who are the key producers in the global Bromine market?

6. What are the growth factors driving the market demand?