Bromine Market Application Development Potential, Market Share & Forecast, 2016 – 2024
Purchase Bromine Market Report by calling Global Market Insights, Inc. at 1-888-689-0688 (Toll Free) or 1-302-846-7766
Bromine is a naturally occurring element and is widely used as a reactant, catalyst, and an element for synthesizing various products such as biocides, water disinfectant, agrochemicals, flame retardants, dyes, photographic chemicals, completion fluids and pharmaceutical intermediates. This is due to continually rising production of bromine for automobile, agriculture and electronic industry where as oil and gas contributes the most for growing market. Strong growth in oil and gas drilling sector contributes as a major driving force for the market due to requirement of product derivatives as completion fluid to mitigate possibility of damage to well bore.
Request for detail Table of Contents(toc) @ https://www.gminsights.com/request-toc/upcoming/1251
The market is broadly classified based on its end users which are Chemicals, Pharmaceuticals, Automotive, Cosmetics, Pesticides, Textile, Construction, Oil and Gas, Water treatment, Agriculture, Ship building and others. Chemical segment is likely to project growth of over 3.5 % amongst end users during the forecast period. Oil and gas end user is probable to grow due to high demand of Organobromines and clear brine fluids in drilling sector henceforth contributing to increasing demand of the product globally.
The product has widespread application as Flame retardants, Oil and Gas drilling, Biocides, Plasma etching, Medicinal, HBr flow battery, Fumigant synthesis, PTA synthesis and others. Oil and gas is anticipated to grow at a CAGR of over 3% during the forecast period henceforth contributing to the rise in product demand globally.
Inquire about to purchase this research report@ https://www.gminsights.com/inquiry-before-buying/1251
Asia Pacific is a booming market and is anticipated to show considerable growth, China being the major player and largest producer of the product after US. North America and Europe are already mature market due to limited consumption of the product as flame retardant is banned on environmental safety grounds. The product consumption is likely to grow in Latin America due on going oil exploration activity in Mexico resulting in massive growth of the industry over the globe.
The key global players of the bromine and its derivatives market are Chemtura Corporation, Albemarle Corporation, Sanofi S.A, Honeywell International Inc., Tata Chemicals, Jordan Bromine Company, Gulf Resources, Tosoh Corporation, Perekop Bromine, Hindustan Salts Ltd., and Tetra Technologies Inc. The market is highly consolidated and majority of growth is predicted in Asia Pacific region due to industrial expansion to meet demand.
Browse complete summary of Bromine Market report @ https://www.gminsights.com/industry-analysis/bromine-market
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1 888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bromine Market Application Development Potential, Market Share & Forecast, 2016 – 2024 here
News-ID: 519242 • Views: 327
More Releases from Global Market Insights Inc.
Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug
More Releases for Bromine
Bromine Market Revenue, Application, Forecast 2025
The analysts of a fresh business intelligence study by Transparency Market Research (TMR) have detected that the global bromine market is moderately consolidated in nature, with a small pool of players holding major shares. The report identifies Gulf Resources Inc., Israel Chemical Ltd. (ICL), Jordan Bromine Company Limited, and Albemarle Corporation as some of the notable players who are currently ahead of the curve in the global bromine market. This
Bromine Market 2015-2025 Growth and Forecast
The Global bromine market has made remarkable growth over the past few decades. This market has largely been driven by the increased usage of bromine in various applications such as flame retardant, photographic chemical, bleaching & oxidizing chemical, precision cleaning, monomers for specialty polymers, organic intermediates and lot more. The growing demand for flame retardants by textile and electronic industries is anticipated to offer outstanding opportunities for bromine market. Bromine belongs
Bromine Market: Future Industry Trends To 2025
Established global behemoths wield a substantial control over the bromine market, worldwide. Their dominant position is a result of their massive manufacturing capacities and significant geographical outreach. Armed with substantial technological and financial resources, the companies have been nimbly adapting to various market changes. In order to bolster their positions further, these companies have been leveraging astute pricing policies and product development. Bromine and its derivatives are increasingly finding application in
Global Bromine Market Research Report 2017
Report Hive Market Research Released a New Research Report of 116 pages on Title "Global Bromine Market Research Report 2017" with detailed Analysis, Forecast and Strategies. In this report, the global Bromine market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key
Global Bromine Market 2017 - Albemarle, Chemtura Corporation, Jordan Bromine Com …
The report studies Bromine in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 Access Full Report With TOC: https://goo.gl/BQYRp7 The report scrutinizes the Bromine market and gives an intricate examination of its applications. The report includes a cost evaluation analysis of products that are available in the worldwide Bromine market with
Bromine market (2016-2023)-Research Nester
Global Bromine Market Overview Bromine is a natural element, found in lakes, sea and underground bores and mines. It is generally used in biocides, water treatment plants and pharmaceutical industries owing to its property of catalyst and reactant. Bromine and its derivatives have wide-scale application in several industries such as oil and gas industry. The global bromine market is predicted to flourish significantly at a CAGR of 11.7% over the forecast period