Global Bromine Market 2023-2027

Global Bromine Market 2023-2027

Technavio has been monitoring the bromine market and it is poised to grow by $964.37 mn during 2023-2027, accelerating at a CAGR of 4.02% during the forecast period. Our report on the bromine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the oil and gas industry, increased demand for flame retardants, and a rise in demand from developing economies.

Technavio's bromine market is segmented as below:

By Derivative Type

  • Hydrogen bromide
  • Organobromine compounds
  • Bromine fluids
  • Others
By Application
  • Flame retardants
  • Drilling fluids
  • Water treatment
  • Agriculture
  • Others
By Geographical Landscape
  • APAC
  • Middle East and Africa
  • Europe
  • North America
  • South America
This study identifies the rising mercury emission control as one of the prime reasons driving the bromine market growth during the next few years. Also, declining offshore drilling and a rise in demand for electric vehicles (EVs) will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the bromine market covers the following areas:
  • Bromine market sizing
  • Bromine market forecast
  • Bromine market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bromine market vendors that include Agrocel Industries Pvt. Ltd., Albemarle Corp., Archean Chemical Industries Ltd., BEACON ORGANOSYS, Dhruv Chem Industries, Gulf Resources Inc., Hindustan Salts Ltd., Honeywell International Inc., Israel Chemicals Ltd., Lanxess AG, Mody Chemi Pharma Ltd., Morre Tec Industries, Pacific Organics Pvt. Ltd., Sahayamatha Salterns Pvt. Ltd., Sangfroid Chemicals Pvt. Ltd., Solaris Chemtech, Tata Chemicals Ltd., TETRA Technologies Inc., Tosoh Corp., and Yogi Intermediates Pvt. Ltd. Also, the bromine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Derivative Type
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global bromine market 2017 - 2021
      • Table Historic Market Size - Data Table on Global bromine market 2017 - 2021 ($ million)
    • Derivative type Segment Analysis 2017 - 2021
      • Table Historic Market Size - Derivative type Segment 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size - Application Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Derivative Type
    • Market segments
      • Table Chart on Derivative Type - Market share 2022-2027 (%)
      • Table Data Table on Derivative Type - Market share 2022-2027 (%)
    • Comparison by Derivative Type
      • Table Chart on Comparison by Derivative Type
      • Table Data Table on Comparison by Derivative Type
    • Hydrogen bromide - Market size and forecast 2022-2027
      • Table Chart on Hydrogen bromide - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Hydrogen bromide - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Hydrogen bromide - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Hydrogen bromide - Year-over-year growth 2022-2027 (%)
    • Organobromine compounds - Market size and forecast 2022-2027
      • Table Chart on Organobromine compounds - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Organobromine compounds - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Organobromine compounds - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Organobromine compounds - Year-over-year growth 2022-2027 (%)
    • Bromine fluids - Market size and forecast 2022-2027
      • Table Chart on Bromine fluids - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Bromine fluids - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Bromine fluids - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Bromine fluids - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Derivative Type
      • Table Market opportunity by Derivative Type ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Flame retardants - Market size and forecast 2022-2027
      • Table Chart on Flame retardants - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Flame retardants - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Flame retardants - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Flame retardants - Year-over-year growth 2022-2027 (%)
    • Drilling fluids - Market size and forecast 2022-2027
      • Table Chart on Drilling fluids - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Drilling fluids - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Drilling fluids - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Drilling fluids - Year-over-year growth 2022-2027 (%)
    • Water treatment - Market size and forecast 2022-2027
      • Table Chart on Water treatment - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Water treatment - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Water treatment - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Water treatment - Year-over-year growth 2022-2027 (%)
    • Agriculture - Market size and forecast 2022-2027
      • Table Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Agriculture - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022-2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Saudi Arabia - Market size and forecast 2022-2027
      • Table Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Growth of oil and gas industry
      • Increased demand for flame retardants
      • Rise in demand from developing economies
    • Market challenges
      • Fluctuation in prices of crude oil
      • Increased demand for non-halogenated flame retardants
      • Implementation of regulations on use of bromine as food additive
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Rising mercury emission control
      • Declining offshore drilling
      • Rise in demand for electric vehicles (EVs)
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Agrocel Industries Pvt. Ltd.
      • Table Agrocel Industries Pvt. Ltd. - Overview
      • Table Agrocel Industries Pvt. Ltd. - Product / Service
      • Table Agrocel Industries Pvt. Ltd. - Key offerings
    • Albemarle Corp.
      • Table Albemarle Corp. - Overview
      • Table Albemarle Corp. - Business segments
      • Table Albemarle Corp. - Key news
      • Table Albemarle Corp. - Key offerings
      • Table Albemarle Corp. - Segment focus
    • Archean Chemical Industries Ltd.
      • Table Archean Chemical Industries Ltd. - Overview
      • Table Archean Chemical Industries Ltd. - Product / Service
      • Table Archean Chemical Industries Ltd. - Key offerings
    • BEACON ORGANOSYS
      • Table BEACON ORGANOSYS - Overview
      • Table BEACON ORGANOSYS - Product / Service
      • Table BEACON ORGANOSYS - Key offerings
    • Dhruv Chem Industries
      • Table Dhruv Chem Industries - Overview
      • Table Dhruv Chem Industries - Product / Service
      • Table Dhruv Chem Industries - Key offerings
    • Gulf Resources Inc.
      • Table Gulf Resources Inc. - Overview
      • Table Gulf Resources Inc. - Business segments
      • Table Gulf Resources Inc. - Key offerings
      • Table Gulf Resources Inc. - Segment focus
    • Hindustan Salts Ltd.
      • Table Hindustan Salts Ltd. - Overview
      • Table Hindustan Salts Ltd. - Business segments
      • Table Hindustan Salts Ltd. - Key offerings
      • Table Hindustan Salts Ltd. - Segment focus
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Israel Chemicals Ltd.
      • Table Israel Chemicals Ltd. - Overview
      • Table Israel Chemicals Ltd. - Business segments
      • Table Israel Chemicals Ltd. - Key news
      • Table Israel Chemicals Ltd. - Key offerings
      • Table Israel Chemicals Ltd. - Segment focus
    • Lanxess AG
      • Table Lanxess AG - Overview
      • Table Lanxess AG - Business segments
      • Table Lanxess AG - Key offerings
      • Table Lanxess AG - Segment focus
    • Mody Chemi Pharma Ltd.
      • Table Mody Chemi Pharma Ltd. - Overview
      • Table Mody Chemi Pharma Ltd. - Product / Service
      • Table Mody Chemi Pharma Ltd. - Key offerings
    • Morre Tec Industries
      • Table Morre Tec Industries - Overview
      • Table Morre Tec Industries - Product / Service
      • Table Morre Tec Industries - Key offerings
    • Pacific Organics Pvt. Ltd.
      • Table Pacific Organics Pvt. Ltd. - Overview
      • Table Pacific Organics Pvt. Ltd. - Product / Service
      • Table Pacific Organics Pvt. Ltd. - Key offerings
    • TETRA Technologies Inc.
      • Table TETRA Technologies Inc. - Overview
      • Table TETRA Technologies Inc. - Business segments
      • Table TETRA Technologies Inc. - Key offerings
      • Table TETRA Technologies Inc. - Segment focus
    • Tosoh Corp.
      • Table Tosoh Corp. - Overview
      • Table Tosoh Corp. - Business segments
      • Table Tosoh Corp. - Key offerings
      • Table Tosoh Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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