Bromine Market Size & Growth Analysis Report, 2021-2027

The bromine market is expected to grow at a CAGR of 2.7% during the forecast period (2020-2027)
Among the various derivative segments of the bromine market, organo nobromide is expected to become the market's leading segment and is expected to show a significant CAGR over the forecast period. The growing use of organo nobromide as a flame retardant in various end-use industries such as electronics, automotive, oil and gas is expected to contribute to the growth of this sector. Additionally, stringent fire safety regulations around the world are expected to further fuel the segment growth. In addition, the growing demand for organic nobromide as a biocide, especially in the agricultural economy, is another factor driving the growth of this sector. Depending on application, flame retardants are market-leading and are expected to show a CAGR of over 4% over the forecast period. In addition, oil and gas drilling fluids are another major segment of the global market. Growing oil and gas-related activities are expected to surge the segment's growth. Bromine is widely used as a clear brine in oil and gas drilling processes.

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Key Players

• Israel Chemicals Limited
• Chemtura Corporation
• Albemarle Corporation
• Gulf Resources Inc.
• Tosoh Corporation
• Tetra Technologies Inc.
• Tata Chemicals Limited and Hindustan Salts Limited.
• Others

Bromine Market Segmentation

By application:

• Flame Retardants
• Oil & Gas Drilling
• PTA Synthesis
• Water Treatment & Biocides
• Mercury Emission Control
• Pesticides
• HBr Flow Batteries
• Plasma Etching
• Pharmaceuticals
• Others (Photography, Chemical Intermediates Synthesis, Adhesive Tapes, Rubbers, Fumigant Synthesis and Elastomers)

By derivative:

• Organobromine
• Clear Brine Fluids
• Hydrogen Bromide

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Bromine Market Report

• What was the Bromine Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Bromine Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Bromine Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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This release was published on openPR.