Bromine Market is projected to expand at a steady CAGR over the forecast by 2031 | ICL Group Limited Albemarle Corporation LANXESS AG Tosoh Corporation TATA Chemicals Limited

Global Bromine Market report from Global Insight Services is the single authoritative source of intelligence on Bromine Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Bromine is a halogen element with the symbol Br and atomic number 35. A heavy, volatile, reddish-brown liquid at room temperature, bromine is a fumigant with a strong, disagreeable odor, and is frequently used as a disinfectant or a sedative. Bromine compounds are used as flame retardants, in agriculture, in medicine, and as pesticides.

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Key Trends and Drivers

Bromine is used in a wide variety of applications, including as a disinfectant, flame retardant, and in the production of dyes and pharmaceuticals.

One of the key trends in the bromine market is the increasing use of bromine-based flame retardants. Bromine-based flame retardants are effective in reducing the flammability of a wide range of materials, including plastics, textiles, and electronics. They are used in a variety of applications, such as in the automotive and construction industries.

Another key trend in the bromine market is the increasing demand for bromine from the Asia-Pacific region. The region is expected to continue to be the largest market for bromine, due to the growing demand from the flame retardant and water treatment industries.

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Market Segments

By Derivatives

  • Organobromine
  • Clear Brine Fluids (CBF)
  • Hydrogen Bromide

By Application

  • Biocide
  • Flame Retardant
  • Oil & Gas Drilling
  • Plasma Etching
  • PTA Synthesis
  • Fumigant Synthesis
  • Others

By End-Use

  • Oil & Gas
  • Chemicals
  • Agricultural & Pesticides
  • Building & Construction
  • Water Treatment
  • Others

Key Players

  • ICL Group Limited
  • Albemarle Corporation
  • Tosoh Corporation
  • TATA Chemicals Limited
  • Gulf Resources Inc.
  • TETRA Technologies, Inc.
  • Solaris Chemtech Industries Ltd.
  • Honeywell International Inc.

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