Press release
Global Bromine Market Expected To Grow At CAGR Of 6.46% Between Years 2017-2021.
Bromine is a halogen and a non-metallic chemical element. It is highly toxic and extremely reactive. It requires precautions and proper handling. At room temperature, bromine is a reddish-brown thick liquid. Elemental bromine is extracted from salt lakes, seawater, and underground brine wells. Bromine is used in many inorganic and organic compounds.
Technavios analysts forecast the global bromine market to grow at a CAGR of 6.46% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global bromine market for 2017-2021. To calculate the market size, the report considers the considered the sales of bromine in key applications such as in flame retardants, oil and gas drilling, water treatment and mercury emission control, and agriculture.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Bromine Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Albemarle
Chemtura
Gulf Resources
ISRAEL CHEMICALS (ICL)
Tosoh
Other prominent vendors
Hindustan Salts
Honeywell International
Jordan Bromine Company
MORRE-TEC Industries
TETRA Technologies
Market driver
Increasing demand for plastics
For a full, detailed list, view our report
Market challenge
Emergence of non-halogenated flame retardants
For a full, detailed list, view our report
Market trend
Use of bromine and its derivatives as mercury reducing agent
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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