Bromine Market Size, Share, Trends, Regional Analysis & Forecast 2027 | Israel Chemicals Limited, Albemarle Corporation, Chemtura Corporation, Tosoh Corporation, Tata Chemicals Ltd, Gulf Resources Inc., TETRA Technologies, Inc, Honeywell International

The latest market study is released by SMI on Global Bromine Market with data Tables for historical and forecast years 2020-2027 represented with Charts & Graphs with easy to understand detailed analysis. The study highlights a detailed assessment of the Market and displays market sizing trends by revenue & volume (if applicable), current growth factors, expert opinions, facts, and industry-validated market development data. The research study provides estimates for Global Bromine Forecast till 2027*.

Industries and markets are ever-evolving; navigate these changes with ongoing research conducted by SMI; Address the latest insights released on Global Bromine Market.

Bromine is a deep-red oily liquid with sharp odor at room temperature. It is obtained naturally as organobromide compound or bromide salt, which is mainly found in salt lakes, inland seas, sea water, brine wells, rock, and the earth's crust. It is flame retardant and can control mercury emission. Increasing utilization of bromine in various applications such as pesticides, oil & gas drilling, and BFR (brominated flame retardant) production, is one of the major factors driving growth of the market. According to United States Geological Survey (USGS), the global leading application for bromine was the production of BFRs, which accounted for 41% of the total market share in 2015.

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Bromine Market Overview:

However, bromine is highly corrosive and causes irritation to the eyes and throat, which in turn is restraining growth of the market. Furthermore, increasing cost of bromine is negatively impacting the growth of bromine market. According to United States Geological Survey (USGS), in 2015, the bromine prices were ranged from US$ 3,400 -US$ 5,400 per ton, which increased to US$ 4,330.5 - 5,314.7 per ton in 2017.

Bromine Market Dynamics:

Asia Pacific is the fastest-growing region in the bromine market, owing to increasing demand for bromine and its compounds in agriculture. The growing agrochemicals industry in turn, is increasing the demand for bromine for use as soil fumigants and other fumigants to prevent pests. According to India Brand Equity Foundation (IBEF)--a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India--the agrochemical market in India is expected to grow at 7.5 % annually, with a growing domestic demand of 6.5% per annum, to reach US$ 6.3 billion by 2020.

If you are involved in the Global Bromine industry or intend to be, then this study will provide you a comprehensive outlook. It's vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

Competition Analysis:

Some of key competitors or manufacturers included in the study are

o Israel Chemicals Limited*
o Albemarle Corporation
o Chemtura Corporation
o Tosoh Corporation
o Tata Chemicals Ltd
o Gulf Resources Inc.
o TETRA Technologies, Inc.
o Hindustan Salts Limited
o Honeywell International Inc.
o Perekop Bromine Factory

Type Segmentation:

Global Bromine Market, By Derivative Type:

o Organobromides
o Clear Brine Fluids
o Hydrogen Bromide
o Others

Global Bromine Market, By Application:

o Flame Retardants
o Mercury Emission Control
o Drilling Fluids
o Water Treatment
o Catalyst
o Pesticides
o Others

Global Bromine Market, By End-use Industry:

o Automotive
o Agriculture
o Pharmaceuticals
o Cosmetics
o Textile
o Others

To comprehend Global Bromine market dynamics in the global market, the worldwide Bromine market is analyzed across major geographical regions. Stratagem Market Insights also provides customized specific regional and country-level reports, see below break-ups.

o North America: United States, Canada, and Mexico.
o South & Central America: Argentina, Chile, LATAM, and Brazil.
o Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, and South Africa.
o Europe: UK, France, Italy, Germany, Spain, Benelux, and Russia.
o Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia.

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Bromine Market: Demand Analysis & Opportunity Outlook 2027

Bromine research study is to define market sizes of various segments & countries by past years and to forecast the values by the next few years. The report is assembled to comprise each qualitative and quantitative element of the industry facts including market share, market size (value and volume 2014-19, and forecast to 2027) which admire each country concerned in the competitive examination. Further, the study additionally caters the in-depth statistics about the crucial elements which include drivers & restraining factors that define the future growth outlook of the market.

This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and consistent in-depth analysis of the major vendor/key players in the market along with the impact of economic slowdown due to COVID.

Important Features that are under offering & key highlights of the Bromine market report:

1. Why lots of Key players are not profiled in Study?

--> The study is conducted by collecting data of various companies from the industry, and the base for coverage is NAICS standards. However, the study is not limited to profile only a few companies.

2. Do the Scope of Market Study allows further Segmentation?

--> Yes, for a deep dive we do provide add-on segmentation in the premium version of the report to better derive market values. The standard version of this report covers segmentation by Application, by Type, and by Regions.

3. What value addition does Country landscape will provide?

--> In the premium version of the report, two-level of regional segmentation allows user to have access to country-level break-up of market Size by revenue and volume*
* Wherever applicable

Furthermore, the years considered for the study are as follows:
Historical year - 2014-2019
Base year - 2019
Forecast period** - 2020 to 2027 [** unless otherwise stated]

Global Bromine Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Bromine Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Bromine Market, By Type
8 Global Bromine Market, by Application
9 Global Bromine Market, By Deployment
10 Global Bromine Market, By End User
11 Global Bromine Market, By Distribution Channel
12 Global Bromine Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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About Us:

Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.

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