Press release
Explore Bromine Market forecast 2019 – 2027 | Chemtura Corporation, Dhruv Chem Industries, Gulf Resources Inc., Hindustan Salts Ltd., Israel Chemical Ltd, Jordan Bromine Company
Bromine is a naturally occurring element present in seas, lakes and underground wells. It is a colorless soluble crystalline mineral halide salt extracted from brine pools. Bromine is widely used as a reactant and a catalyst in the manufacturing of multifarious products namely, biocides, water disinfectants, dyes, flame retardants etc. The primary source of bromine is dead-sea. Bromine is a chemical element that exits in the form of a red liquid in room temperature.There is a rise in demand for brominated flame retardants because of its applications in consumer electronics such as computers, mobile phones, televisions, etc. This, in turn, has driven the growth of the bromine market. The use of bromine as a drilling liquid in the oil and gas industry and mercury emission mitigation also act as drivers in fuelling the development of the market.
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Top Companies:
• Chemtura Corporation
• Dhruv Chem Industries
• Gulf Resources Inc.
• Hindustan Salts Ltd.
• Israel Chemical Ltd
• Jordan Bromine Company
• Morre-Tec Industries Inc.
• Tata Chemicals Ltd.
• Tetra Technologies Inc.
• Tosoh Corporation
Market Segmentation:
• On the basis of derivative type the market classify intoorganobromines, clear brine fluids, hydrogen bromide and others.
• The market on the basis of application is broken into flame retardants, water treatment, mercury emmision control, oil & gas drilling, bhr flow batteries, fine chemicals, agricultural products, biocides and others.
Regional Analysis:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America.
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The report analyzes factors affecting the bromine market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the bromine market in these regions.
The reports cover key developments in the bromine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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