Bromine Market leading manufacturers with latest trends forecast to 2027

Bromine is a naturally occurring chemical element and is primarily used as a catalyst and synthesizing agent for the production of various products which include disinfectant, flame retardants, photographic chemicals, and water disinfectant. Automobile, agriculture and electronics are some of the major end-user industries of the bromine.

Bromine is a nonmetal element and is a heavy, unstable, mobile, reddish-brown colored liquid that has an unpleasant odor, the vapor of which irritates the eyes and throat. Bromine is not considered essential to human health, however in the form of KBr or NaBr, it has anti-seizure properties and is considered effective in the treatment of hyperthyroid conditions. Bromine in liquid and vapor state, is highly toxic and is associated with severe irritation and burning of the eyes, respiratory organs, skin, and the gastro-intestinal tract.

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The global bromine market has witnessed significant growth in recent past years, owing to the rising demand for bromine and its compounds in agriculture. Asia Pacific is expected to be the fastest-growing region in the bromine market, owing to the large availability of raw materials. Furthermore, cheap labor cost, and easy availability of manufacturing facilities in India and China is another factor propelling growth of the bromine market in this region.

Detailed Segmentation:

Global Bromine Market, By Derivatives:
Clear Brine Fluids
Hydrogen Bromide
Organobromines

Global Bromine Market, By Application:
Flame Retardants
Biocides
Oil and Gas Drilling
Plasma Etching
PTA Synthesis
Others

Global Bromine Market, By End-use Industry:
Oil and Gas
Chemicals
Agrochemicals
Rubber and Plastics
Others

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Key companies covered as a part of this study includes Albemarle Corporation, Israel Chemicals Limited, Chemtura Corporation, Tosoh Corporation, Gulf Resources Inc., Tetra Technologies Inc., Tata Chemicals Limited, and Hindustan Salts Limited

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