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At 4.4% CAGR, Global Bromine Derivatives Market Size to Hit USD 5.59 billion by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors
Findings from Facts and Factors report "Bromine Derivatives Market By Type (Brominated Polystyrene, Tetrabromobisphenol A, Calcium Bromide, Sodium Bromide, Zinc Bromide, Hydrobromic Acid, Decabromodiphenyl Ethane, and Others), and By Application (Flame Retardants, Organic Intermediates, Oil & Gas, Biocides, PTA Synthesis, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global bromine derivatives market in 2019 was approximately USD 4.14 billion. The market is expected to grow at a CAGR of 4.4% and is anticipated to reach around USD 5.59 billion by 2026.๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/bromine-derivatives-market-by-type-brominated-polystyrene-tetrabromobisphenol-1049
The growing use of bromine in controlling mercury emissions has increased demand for halogenated flame retardants fuelling the bromine derivatives market. The growing global pharmaceutical, electronics, and agriculture industry along with the rising construction sector in the Asia Pacific and the Middle East is anticipated to drive the bromine derivatives market in the upcoming years.
Brominated polystyrene is majorly used in making flame retardants. Due to its properties such as high thermal stability, it can be used in applications that require high temperature tolerance. Catalysis of polysterene with bromine is done in order to manufacture brominated polystyrene. However, these chemicals are not manufactured in developed countries such as U.S. and U.K. because of the strict regulations over the use of fire retardants that are bromine based. Nevertheless, China and some Southeast Asian countries are the leading manufacturers of these chemicals.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/bromine-derivatives-market-by-type-brominated-polystyrene-tetrabromobisphenol-1049
The major application of the bromine derivatives can be tracked to flame retardants. Flame retardants had the largest market share in 2019 and are anticipated to continue its dominace in the upconing years. Sodium Bromide is used for pharmaceutical based applications for making Anti Epileptic Drugs (AEDs) owing to its anti seizure properties and also for making a variety of medical intermediates. Hence the pharmaceutical sector is a promising field for the development of the bromine deriveties market. Calcium bromide and Sodium bromide are used in the oil and gas sector for the extraction of petroleum products and hence increased oil and gas exploration activities are anticipated to drive the bromine derivatives market.
๐๐๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/bromine-derivatives-market-by-type-brominated-polystyrene-tetrabromobisphenol-1049
Some of the key players if the bromine derivatives market are Tata Chemicals Ltd., Honeywell International Inc., Israel Chemicals Limited, Hindustan Salts Ltd., Morre-Tec Industries, Inc., JK Chemicals, ICC Industries, Agrocel Industries Ltd., Sontara Organo Industries, Neogen Chemicals Limited, Albemarle Corporation, Lanxess Corporation, Tosoh Corporation, Tetra Technologies Inc., Jordan Bromine Company Ltd., Beacon Organosys, Parad Chem Corporation, Gulf Resources Inc., Kingboard Chemical Holdings Limited, Nirma Limited, and Others.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/bromine-derivatives-market-by-type-brominated-polystyrene-tetrabromobisphenol-1049
This report segments the bromine derivatives market as follows:
Global Bromine Derivatives Market: By Type Segmentation Analysis
Brominated Polystyrene
Tetrabromobisphenol A
Calcium Bromide
Sodium Bromide
Zinc Bromide
Hydrobromic Acid
Decabromodiphenyl Ethane
Others
Global Bromine Derivatives Market: By Application Segmentation Analysis
Flame Retardants
Organic Intermediates
Oil & Gas
Biocides
PTA Synthesis
Others
๐๐๐๐ ๐๐ฎ๐ฒ๐ง๐จ๐ฐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/bromine-derivatives-market-by-type-brominated-polystyrene-tetrabromobisphenol-1049
Global Bromine Derivatives Market: Regional Segmentation Analysis
North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐@
https://www.linkedin.com/pulse/cable-cars-ropeways-market-size-share-demand-trends-analysis-hutson
https://www.linkedin.com/pulse/europe-road-marking-market-future-scope-growth-analysis-hutson
https://www.linkedin.com/posts/patrica-hutson-978557256_single-mode-fiber-market-size-growth-global-activity-6998664573583077376-rVsG?
https://www.linkedin.com/pulse/commercial-cooking-equipment-market-size-share-demand-patrica-hutson
https://www.linkedin.com/pulse/problem-management-software-market-future-scope-growth-patrica-hutson
https://www.linkedin.com/posts/patrica-hutson-978557256_orthokeratology-lens-market-size-growth-activity
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