openPR Logo
Press release

Global Bromine Derivatives Market projected to increase at a moderate CAGR of 4.2%, 2016-2026

05-08-2017 01:09 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Bromine Derivatives Market projected to increase at

Demand for bromine derivatives will continue to surge owing to increasing adoption as reactants in the manufacturing of agrochemicals, water disinfectants, dyes and photographic chemicals. Considering a Y-o-Y growth of 3.5% over 2015, the global bromine derivatives market is expected to reach a value of US$ 3.70 Bn in 2016 end. Owing to the catalyst properties of bromine derivatives, global consumption volume will be significantly influenced by increasing production of rubber, plastics and flame retardants over the forecast period.

The extensive use of bromide compounds as clear brine fluids in oil and gas industries is one of the primary factors driving growth of the global bromine derivatives market. Furthermore, use of bromine in reducing mercury emissions from coal-fired power stations is another factor expected to drive demand. However, varying environmental legislations can hamper growth of the global bromine derivatives market during the forecast period.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1923

Based on the derivative-type, use of brine fluids derived from zinc bromide, sodium bromide and calcium bromide in the homogenous extraction of oil and gas is increasing and will continue to drive market growth to a significant extent. Tetrabromobisphenol A – commonly known as TBBPA - is expected to be the highest consumed derivative, and is estimated to reach 219,640.2 MT by 2016 end.

The chemical sector will remain the largest consumer of bromine derivatives, accounting for around 60% of the global market volume share in 2016. Declining oil prices could result in reduced consumption of bromine derivatives in the oil and gas industry; whereas increasing applications of bromides in the electronics industry is expected to bolster growth of the global bromine derivatives market over the forecast period.

Flame retardants will continue to be the largest end-use application for bromine derivatives, with total revenues anticipated to reach US$ 1,756.3 Mn in 2016 end.

The growth of the global bromine derivatives market will be mainly concentrated in the Asia Pacific (APAC) region. In 2015, China accounted for 28.2% of the global volume share of the bromine derivatives market, and it will continue to be a lucrative market for bromine derivatives in 2016 and beyond. India and Japan are the other key regions likely to dominate the bromine derivatives market in the Asia Pacific.

Key players in the global bromine derivatives market include Tosoh Corporation, Chemtura Corporation, Gulf Resources Inc., ICL-Group, Tata Chemicals Ltd., TETRA Technologies Inc. and Albemarle Corporation, among others.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1923

Long-term Outlook: Revenue from the global bromine derivatives market is projected to increase at a moderate CAGR of 4.2% and reach a value of US$ 5,572.8 Mn by 2026. Markets in APAC countries such as China, Japan and India are expected to collectively dominate the global bromine derivatives market during the forecast period.

ABOUT US :
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
press@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Global Bromine Derivatives Market projected to increase at a moderate CAGR of 4.2%, 2016-2026 here

News-ID: 527326 • Views: 171

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Corporation

Global Gaming Market 2018 - Microsoft Corporation, Nintendo Co., Ltd., Rovio Ent …
The global Gaming market research report 2019 -2023 proposes a thorough analysis of the Gaming market globally. The market analysis considerably focuses on providing data to the consumers related to the three major segments, which include the growth rate of the market, the size of the market, and industrial-chain analysis. The Gaming market report provides a wide-range of Gaming market segmentation Console , Mobile , Computer , , . Get Request
Enterprise Content Management Market Trend to 2025: IBM Corporation, Oracle Corp …
Enterprise Content Management Market to 2025 - Global Analysis and Forecasts by Product, Deployment Type, Organization Type, Verticals The report aims to provide an overview of Global Enterprise Content Management Market along with detailed segmentation of market by product, organization type, deployment type, vertical and five major geographical regions. Global Enterprise Content Management market is expected to witness growth during the forecast period due to exponential growth in the data and
Blockchain Market Covers Leading Manufacturer IBM Corporation, Microsoft Corpora …
Blockchain technology is a decentralized software program that enables protected digital transactions of digital currencies such as Bitcoin. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1113 "Applications Of Blockchain Market" Blockchain permits applicants to authenticate and review transactions. Blockchain-based transactions of value can be completed in faster way, more safely, and economically than conventional transaction systems. Rising popularity of these ledger chains has led to a significant increase in total capital
Telecom Analytics 2018 Global Key Players – EMC Corporation, Oracle Corporatio …
Telecom Analytics Market 2018 Wiseguyreports.Com Adds “Telecom Analytics – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023” To Its Research Database. Description:  This report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a Detailed Analysis report, it covers all details inside analysis and opinion in Telecom Analytics industry. This report splits Telecom Analytics market
Cloud Backup Market Key Players - Microsoft Corporation, Oracle Corporation, IBM …
Market Highlights: The Global Cloud Backup Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of cloud backup is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous
Global Smart Hospitality System Market 2017 : Mitel Networks Corporation, NEC Co …
Smart Hospitality System A market study based on the " Smart Hospitality System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Smart Hospitality System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Smart Hospitality System industry, and makes predictions on the future status of Smart Hospitality System market on the basis of this analysis. Get Free