4.0% CAGR,Bromine Derivatives Market is Emerging with US$ 5,628.9 Million by 2027

Bromine is the third-lightest halogen compound and has the atomic number 35. At room temperature, it is a fuming red-brown liquid with properties similar to chlorine and iodine. Bromine derivatives are widely used in mercury emission control and halogenated flame retardants. Furthermore, bromine derivatives are used in the production of rechargeable batteries. Pharmaceuticals, agriculture, and electronics, as well as growing construction, are some of the end-use applications of bromine derivatives.

The global bromine derivatives market was worth $3,973.7 million in 2018 and is expected to be worth $5,628.9 million by the end of 2027, growing at a CAGR of 4.0 percent during the forecast period (2019 to 2027).

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Companies Covered as part of this study include: Israel Chemicals Limited, Albemarle Corporation, Tosoh Corporation, Tata Chemicals Limited, Chemtura Corporation, Jordan Bromine Company, Gulf Resources Inc., Hindustan Salts Limited, and Tetra Technologies Inc...
 
Drivers:

Growing demand for bromine derivatives from the automotive and consumer electronics industries is expected to drive bromine derivative market growth. Bromine derivatives are used in the automotive industry to make flame retardant electronic products. Furthermore, the rising application of bromine derivatives in the oil and gas industry in the drilling of fluid for extracting petroleum product is expected to fuel bromine derivative market growth over the forecast period. Furthermore, a growing number of manufacturing industries, particularly in India and China, are expected to drive market growth.

 By Application
• Flame Retardant
• Organic Intermediates
• Oil & Gas Drilling
• Bodices
• PTA synthesis
• Other
By Derivatives
• Sodium Bromide
• Calcium Bromide
• Zinc Bromide
• TBBPA
• DBDPE
• Other
By End-Use Industry
• Chemical
• Construction
• Oil & Gas
• Pharmaceutical
• Electronics
• Other
By Region
• North America
• Latin America
• Europe & Africa
• Asia Pacific
• Middle East

Report Purchase Motives:
• The paper examines how Bromine Derivatives is expected to grow in the future.
• Examine various perspectives on the Bromine Derivatives using Porter's five forces analysis.
• The product type expected to dominate the Bromine Derivatives market, as well as the regions expected to grow the fastest over the forecast period, are investigated.
• Recognize the new advancements, Bromine Derivatives shares, and policies of the leading market participants.
• Over the last five years, the competitive landscape has included the Bromine Derivatives share of significant firms as well as important development policies.
• Comprehensive company profiles that include the product offerings of the major Bromine Derivatives players, critical financial information, current advancements, SWOT analysis, and strategies.
 
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