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Bromine Market 2020-2025: Israel Chemicals Limited, Albemarle Corporation, Lanxess, Tosoh Corporation, Tata Chemicals Ltd, TETRA Technologies Inc and Others.

07-20-2020 01:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Bromine Market 2020-2025: Israel Chemicals Limited, Albemarle

According to Market Study Report, Bromine Market provides a comprehensive analysis of the Bromine Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Bromine Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Bromine Market size is projected to grow from USD 3.2 Billion in 2020 to USD 4.1 Billion by 2025, at a CAGR of 5.0% from 2020 to 2025.

Top Companies Profiled in the Bromine Market:
• Israel Chemicals Limited (Israel)
• Albemarle Corporation (US)
• Lanxess (Germany)
• Tosoh Corporation (Japan)
• Tata Chemicals Ltd (India)
• Gulf Resources Inc. (China)
• TETRA Technologies Inc. (US)
• Hindustan Salts Limited (India)
• Honeywell International Inc. (US)
• Perekop Bromine (Republic of Crimea)

“The oil & gas application segment is projected to grow at the highest CAGR during the forecast period.”
Based on the application, the oil & gas application segment is projected to grow at the highest CARG during the forecast period. Oil & gas is the fastest-growing application of bromine. Clear brine fluids, which is one of the major derivatives of bromine, is extensively consumed in the oil & gas application. They are the saline liquids that are used in various oil & gas well drilling operations.

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“The clear brine fluids derivative segment is projected to grow at the highest CAGR during the forecast period.”
Based on the derivative, the clear brine fluids segment is projected to grow at the highest CAGR during the forecast period. Clear brine fluid is a dense solution of calcium bromide (CaBr2), sodium bromide (NaBr), and zinc bromide (ZnBr2) in saltwater. It is used mainly in penetrating bore-well for drilling oil and natural gas. Calcium bromide and zinc bromide brines are used in shale inhibition and drilling salt formations.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 45%, Tier 2 – 22%, and Tier 3 – 33%
• By Designation: C-level Executives – 50%, Directors – 10%, and Others – 40%
• By Region: Asia Pacific – 17%, Europe – 25%, North America – 33%, Middle East & Africa- 8%, and South America – 17%

Competitive Landscape of Bromine Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Dynamic Differentiators
2.2 Visionary Leaders
2.3 Innovators
2.4 Emerging Companies
3 Competitive Benchmarking
3.1 Strength Of Product Portfolio (25 Players)
3.2 Business Strategy Excellence (25 Players)
4 Market Ranking Of Key Players
4.1 Lanxess Corporation (Us)
4.2 Israel Chemicals Limited (Israel)
4.3 Albemarle Corporation (Us)
4.4 Tosoh Corporation (Japan)
4.5 Tata Chemicals Limited (India)
4.6 Tetra Technologies Inc. (China)

Reason to access this report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the bromine market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies.

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