Press release
Global production for Bromine is estimated to be around 546 KMT in 2017
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.
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Global Bromine Market: Forecast by Type / Application / Region
Top Bromine Manufacturers Covered in this report: Production, Revenue and Market Share: ICL, Albemarle, Lanxess (Chemtura Corporation), Jordan Bromine Company (JBC), Tosoh, Solaris Chemtech (SCIL), Perekop Bromine, Yuyuan Group, Haiwang Chemical, Haihua Group, Gulf Resources Inc, Dadi Salt Chemical Group, Longwei Industrial, Chengyuan Salt Chemical, Weifang Zhongfa Chemical, Lubei Chemical, Runke Chemical.
Market Breakdown by Product Source: Dead Sea Brine, Brine Wells, Other.
Market Breakdown by Applications: Flame Retardants, Biocides, Drilling Fluids, Chemical Intermediate, Others.
In the recent years, bromine capacity showed a trend of steady growth. At present, the major manufacturers of bromine are concentrated in ICL, Albemarle and Chemtura Corporation. ICL-IP is the world's largest bromine producer having access to the largest and richest bromine reserves at the Dead-Sea. China is the largest producer and consumers in Asian.
Regionally, Middle East the major world producer of Bromine, followed by USA. Leading supplier in Middle East are ICL and Jordan Bromine Company (JBC). Albemarle and Chemtura Corporation are only two suppliers from USA.
Apart from dead sea, recovery of Bromine form brine well is mainly done in US, China mainly extract from underground water, while India mainly extract from lake.
Still the largest end-use for bromine compounds, flame retardants account for 40.37% of world bromine consumption in 2017. Other promising new sectors for bromine include swimming pool disinfectants, industrial water treatment, air conditioning absorption systems and precious metal leaching. About 31.77% of bromine is consumed in the US, with 9.00% in Europe and 31.77% in Middle East. Flame retardant agent is usually produced close with bromine.
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Related Information:
United States Bromine Market 2018 Forecast to 2023
Europe Bromine Market 2018 Forecast to 2023
North America Bromine Market 2018 Forecast to 2023
Asia-Pacific Bromine Market 2018 Forecast to 2023
China Bromine Market 2018 Forecast to 2023
EMEA Bromine Market 2018 Forecast to 2023
Global Bromine Market 2018 Forecast to 2023
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