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SPER Market Research


Global Bromine Market

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Global Bromine Market


Published: Feb-2020
Author: SPER Market Research Staff

According to SPER Market Research analysis, the global bromine market was USD 3.5 billion in 2019 and anticipated to reach over USD 4.9 billion, registering a CAGR of 5.14% during the forecast period (2020-2027). The growing need for Zinc-bromine flow batteries and an increase in the consumption of flame retardant products will drive the global bromine market in the estimated periods — further, bromine compounds used as a sensitizer in photography. Bromine can be used in the preparation of organic bromides, pigments, and chemical intermediates. The combined use of bromine and chlorine can be used for water treatment and sterilization. Moreover, the growing automotive and construction industries lead to rising consumption of bromine are the significant drivers for the global bromine market in the forecast periods. One type of sedatives used in hospitals is made of bromine compounds, such as potassium bromide KBr, sodium bromide NaBr, ammonium bromide NH 4 Br, etc., which are usually used to form tribromo tablets and can be treated. 
Additionally, the rapid economic development across developing countries resulted in an augmented demand for bromine. SPER Market Research analysts estimate the bromine has become a key information system in the pharmaceutical and pesticide industry includes regional analysis on North America Asia-Pacific, Europe, South America, and Middle East & Africa.

Companies Covered
  • Israel Chemicals Limited
  • Albemarle Corporation
  • LANXESS Corporation
  • Tosoh Corporation
  • Tata Chemicals Limited
  • Gulf Resources Inc.
  • TETRA Technologies, Inc.
  • Hindustan Salts Limited
  • Honeywell International Inc.
  • Perekop Bromine
  • Other Prominent Players
Key Questions Answered by Report
  • What was the market size trend of 2016-19?
  • What will be the market size trend of the next 4-5 years?
  • What are the most common brands in terms of volume?
  • And others
Reasons to buy this report
  • This SPER Market Research report will help to develop Business Strategies by understanding the trends shaping and driving Bromine market.
  • Organize sales and marketing efforts by identifying the best opportunities for Bromine market.
  • To understand the future market competition in the Global bromine market.

The report is based on in-depth qualitative and quantitative analysis of the Global Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

Browse report overview on "Global Bromine Market by Derivative (Organobromine, Clear Brine Fluids, and Hydrogen Bromide), by Application (Flame Retardants, Water Treatment, HBr Flow Batteries, Mercury Emission Control, PTa Synthesis and Others), by End-User Industry (Pharmaceuticals, Cosmetics, Textile, Pesticides, Automotive, and Others), and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)" at: https://www.sperresearch.com/report-store/Global-Bromine-Market.aspx

Don’t miss out on business opportunities in Global Bromine Market. Request customized report as per your need and gain crucial industry insights that will help your business grow at: https://www.sperresearch.com/report-store/Global-Bromine-Market.aspx?custom=1

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