Global Bromine and Its Derivatives Market Growth 2025-2031
The global Bromine and Its Derivatives market size is predicted to grow from US$ 4833 million in 2025 to US$ 6985 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.
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. The Bromine Derivatives are the chemical which Chemical functional groups are replaced by the Bromine.
The bromine and its derivatives market is experiencing significant growth, primarily driven by the rising demand in applications such as flame retardants, oil and gas drilling, and water treatment. Bromine’s effectiveness as a flame retardant in various industries, including electronics, automotive, and construction, is a key factor fueling its demand. As regulatory standards for fire safety become more stringent globally, the adoption of bromine-based flame retardants is increasing. Furthermore, the use of bromine derivatives like calcium bromide and zinc bromide in oil and gas drilling fluids enhances wellbore stability, boosting demand from the energy sector. These trends highlight the crucial role of bromine in ensuring safety and efficiency across multiple industries.
In addition to flame retardants and drilling fluids, the demand for bromine in water treatment and pharmaceutical applications is also rising. Bromine compounds such as hydrogen bromide and sodium bromide are essential in water disinfection processes, especially in regions facing water scarcity and quality issues. The pharmaceutical industry relies on bromine derivatives for producing certain medications and intermediates, further supporting market growth. Geographically, Asia-Pacific, especially China and India, dominates the bromine market due to its vast manufacturing base and increasing industrial activities. However, environmental concerns related to bromine mining and production, as well as fluctuating raw material prices, may pose challenges, prompting the industry to explore sustainable and efficient production methods.
LP Information, Inc. (LPI) ' newest research report, the “Bromine and Its Derivatives Industry Forecast” looks at past sales and reviews total world Bromine and Its Derivatives sales in 2024, providing a comprehensive analysis by region and market sector of projected Bromine and Its Derivatives sales for 2025 through 2031. With Bromine and Its Derivatives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bromine and Its Derivatives industry.
This Insight Report provides a comprehensive analysis of the global Bromine and Its Derivatives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bromine and Its Derivatives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bromine and Its Derivatives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bromine and Its Derivatives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bromine and Its Derivatives.
This report presents a comprehensive overview, market shares, and growth opportunities of Bromine and Its Derivatives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Bromine
Bromine Derivatives
Segmentation by Application:
Flame Retardants
Biocides
Drilling Fluids
Chemical Intermediate
Water Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ICL
Albemarle
Lanxess
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Chengyuan Salt Chemical
Lubei Chemical
Runke Chemical
Haihua Group
Tata Chemicals
Gulf Resources
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bromine and Its Derivatives market?
What factors are driving Bromine and Its Derivatives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bromine and Its Derivatives market opportunities vary by end market size?
How does Bromine and Its Derivatives break out by Type, by Application?
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