Global Bromine Market to Witness a Pronounce Growth During 2023

Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery.

LPI (LP Information)' newest research report, the "Bromine Industry Forecast" looks at past sales and reviews total world Bromine sales in 2022, providing a comprehensive analysis by region and market sector of projected Bromine sales for 2023 through 2029. With Bromine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bromine industry.

This Insight Report provides a comprehensive analysis of the global Bromine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bromine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bromine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bromine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bromine.

The global Bromine market size is projected to grow from US$ 1928.8 million in 2022 to US$ 2441.3 million in 2029; it is expected to grow at a CAGR of 2441.3 from 2023 to 2029.

Global Bromine key players include ICL, Albemarle, Lanxess (Chemtura Corporation), etc. Global top three manufacturers hold a share over 60%.

Middle East is the largest market, with a share about 50%, followed by China, and North America, both have a share over 35 percent.
In terms of product, Dead Sea Brine is the largest segment, with a share over 50%. And in terms of application, the largest application is Flame Retardants, followed by Chemical Intermediate, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Bromine market by product type, application, key manufacturers and key regions and countries.

Request Sample Report and Full Report TOC:
https://www.lpinformationdata.com/reports/454565/bromine-2029

Strategic Points Covered in TOC:
Chapter 1: Scope of Bromine, Research Methodology, etc.
Chapter 2: Executive Summary, global Bromine market size (sales and revenue) and CAGR, Bromine market size by region, by type, by application, historical data from 2017 to 2023, and forecast to 2029.
Chapter 3: Bromine sales, revenue, average price, global market share, and industry ranking by company, 2017-2023
Chapter 4: Global Bromine sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Bromine market size forecast by region, by country, by type, and application.
Chapter 13: the key raw materials and key suppliers, and industry chain of Bromine.
Chapter 14: Research Findings and Conclusion

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