Global Potassium Bromide Market Growth 2023-2029

Global Potassium Bromide Market Growth 2023-2029

Potassium Bromide (CAS 7758-02-3), Chemical formula KBr, Colorless crystals or white powder, with strong salty taste. Slightly hygroscopic, is a typical ionic salt and is very good source of bromide ions. Potassium bromide is a white crystalline powder and is water-soluble in nature. Our bromide compounds are highly valued in the market due to their high precision in formulation as well as the quality of the product. It has numerous multipurpose uses, Used in the manufacture of photographic film developer, film thickener, color photo bleach. It is used as a nerve tranquilizer in medicine. It is also used in the manufacture of special soaps, engravings and lithographic printing, Industrial synthesis of crystal making.

LPI (LP Information)' newest research report, the “Potassium Bromide Industry Forecast” looks at past sales and reviews total world Potassium Bromide sales in 2022, providing a comprehensive analysis by region and market sector of projected Potassium Bromide sales for 2023 through 2029. With Potassium Bromide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potassium Bromide industry.

This Insight Report provides a comprehensive analysis of the global Potassium Bromide 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 Potassium Bromide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Potassium Bromide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potassium Bromide 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 Potassium Bromide.

The global Potassium Bromide market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Potassium Bromide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Potassium Bromide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Potassium Bromide is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Potassium Bromide players cover Perekop Bromine, ICL-IP, Nantong Guangrong, Weifang YuKai, Shandong Sinobrom Albemarle, Twin International, Shouguang Honghai, Dongying Bromate and Suzhou Yingke Biotechnology, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Potassium Bromide market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Industrial Grade
Pharmaceutical Grade
Photo Grade

Segmentation by application
Medical & Pharmaceutical
Industrial Application
Photographic Film
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 analyzing the company's coverage, product portfolio, its market penetration.
Perekop Bromine
ICL-IP
Nantong Guangrong
Weifang YuKai
Shandong Sinobrom Albemarle
Twin International
Shouguang Honghai
Dongying Bromate
Suzhou Yingke Biotechnology
Dongying Ruineng
Weifang Binhai Geruite
Yogi Intermediates

Key Questions Addressed in this Report

What is the 10-year outlook for the global Potassium Bromide market?

What factors are driving Potassium Bromide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Potassium Bromide market opportunities vary by end market size?

How does Potassium Bromide break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.