Bromine Market Analysis, Growth Opportunities and Recent Trends by Application 2018 to 2025


30th October 2018 - Global Bromine Market is classified on the basis of derivative, application, end user, and geography. Bromine is a colourless soluble crystalline mineral halide salt which is extracted from brine pools. Bromine is a naturally occurring element, found in sea, lakes, and underground wells. Bromine is mostly used in biocides, water treatment plants and pharmaceutical industries due to its property of catalyst and reactant. Bromine and its derivatives have extensive application in many industries such as oil and gas industry. The key factors that propel the growth of the Global Bromine Industry include extensive range of applications. The growing demand in numerous applications such as biocides, flame retardants, oil & gas drilling, plasma etching, and son on fuel the growth of the market.

Request a Sample Copy of Bromine Market Report @ https://www.millioninsights.com/industry-reports/bromine-market/request-sample

 On the other hand, there are also factors that may hamper the growth of the market such as high toxicity of brominated flame retardants, increasing environmental concern towards water and soil and presence of stringent regulatory for use of bromine. Global Bromine Market is classified on the basis of derivative as clear brine fluids, hydrogen bromide and organobromines. Among the derivatives, organobromines are projected to account a large share of the Global Bromine Industry.

The key factor that drives the growth of organobromines segment is owing to its wide range of applications. Organobromine like tetrabromobisphenol-A is used as a flame retardant in the electronics and automotive industries and ethylene and methyl bromides are used as fumigants in the agriculture industry. They are used in dyes as well as in the pharmaceutical industry. They are also used as biocides in water treatment applications as they inhibit the growth of algae, bacteria, and other microorganisms in water.


Global Bromine Market is classified on the basis of application as flame retardants, biocides, organic intermediates, PTA synthesis, plasma etching and oil & gas drilling. Among the applications, oil & gas drilling is anticipated to hold a significant share of the Global Bromine Industry. Global Bromine Market is classified on the basis of end user as chemicals, pharmaceuticals, cosmetics, textile, pesticides, automotive and others. Among the end users, the chemicals segment is expected to hold a considerable share of the Global Bromine Industry.

The major manufacturers covered in this report
• ICL
• Albemarle
• Chemtura Corporation
• Jordan Bromine Company (JBC)
• Tosoh
• Solaris Chemtech (SCIL)
• Perekop Bromine
• Yuyuan Group
• Haiwang Chemical
• Haihua Group
• Haoyuan Group
• Dadi Salt Chemical Group and many others

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Seawater Method
• Brine Water Method

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Flame Retardants
• Biocides, Water Treatment
• Drilling Fluids
• Chemical Intermediate
• Others

Access Bromine Market Report with TOC @ https://www.millioninsights.com/industry-reports/bromine-market

Global Bromine Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region comprises Mexico and Brazil. The Western European region comprises Germany, Italy, France, England and Spain. The Eastern European region comprises Poland and Russia. Asia Pacific region comprises China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region comprises GCC, South Africa and North Africa. In case of geographical region, Asia Pacific is projected to account a large share of the Global Bromine Industry. It is also expected to be the fastest growing region.

The key factors that attribute to the growth of this region is owed to constant increase in the production of bromine, in polymer fabrication, plasma etching, and as a fumigant. In addition, the rising demand and policies comprising emission control, eco-friendly products, etc. have led to innovation, and developments in the bromine industry has considerably propelled the growth of this region. Moreover, the significant growth in the production of flame retardants and growth in the oil & gas industry in China is also contributing to bromine production in the region. On the other hand, North America and Europe are developed markets for bromine.
Location: Felton, CA, USA

Comments

Post a Comment

Popular posts from this blog

Spinal Implants & Devices Market Forecast Analysis by Manufacturer, Types, Applications and Regions 2023 – 2030

  Spinal Implants & Devices Industry Overview The global  Spinal Implants & Devices Market  size is expected to reach USD 19.0 billion by 2030 and is expected to expand at a CAGR of 5.2% in the forecast period, from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing number of vehicular accidents is leading to increasing new cases of spinal cord injuries (SCIs). Other causes of SCIs include falls, violence, acts of violence, sports and recreation injuries, and diseases. Vehicular or road accidents and falls account for the majority of SCI cases. Fall-induced SCI is common among people aged 65 years and above. Acts of violence such as gunshot wounds or knife wounds account for around 12% of SCI cases. Sports activities such as diving in shallow water and impact sports lead to nearly 10% of SCIs. Cancer, osteoporosis, arthritis, and inflammation of the spinal cord also cause SCI. Based on National Spinal Cord Injury Statistical Center da...
Read more

Latin America Pharmaceutical Contract Manufacturing & Research Services Market Overview, Cost Structure Analysis and Forecast to 2030

  Latin America Pharmaceutical Contract Manufacturing & Research Services Industry Overview The  Latin America Pharmaceutical Contract Manufacturing & Research Services Market  size is expected to reach USD 40.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.5% from 2022 to 2030. The low cost of drug registration in Latin American countries and the economic growth are the key factors contributing to progress in this region. Moreover, factors such as the growing demand for generics, rising investments in R&D, the growing geriatric population, and the increasing burden of chronic diseases are responsible for market growth. The outbreak of COVID-19 has boosted the market growth as companies have increased investments in R&D and manufacturing to develop vaccines and drugs against the COVID-19. During the coronavirus outburst, the supply chains of biopharmaceutical companies remained robust...
Read more

Mobile Phone Insurance Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2028

  Mobile Phone Insurance Industry Overview The global mobile phone insurance market size was valued at USD 23.3 billion in 2020. It is expected to expand a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. Increasing incidents of accidental damage, phone thefts, virus infection, and device malfunction are expected to drive market growth over the forecast period. These incidents have impelled customers to look for ways to safeguard their mobile phones and thereby, adopt mobile phone coverage policies. Mobile phone insurance helps consumers avoid high replacement costs in case their mobile phone is lost or faces a breakdown. A mobile phone insurance policy usually covers physical damage, internal coverage failure, theft and loss protection, and virus and data protection, among others. Gather more insights about the market drivers, restrains and growth of the   Global   Mobile Phone Insurance market Mobile phones serve as a platform for entertainment, education,...
Read more