Press release
Global : APAC Bromine Market to Reflect a Significant CAGR Of 4.1% between 2016-2024
Flame retardants will continue to remain the largest application segment, accounting for 203 KMT volume in 2016, a y-o-y increase of 2.8% over 2015. Use of bromine in oil and gas drilling will continue its upward momentum in 2016, growing at 4.3% in terms of volume – the fastest among all the application segments.
View and Download TOC of Bromine Market Research Report@ https://www.persistencemarketresearch.com/market-research/bromine-market/toc
The chemicals industry will remain the largest consumer of bromine, accounting for 292 KMT volume in 2016, representing market value worth 1,284 Mn. Use of bromine in the oil and gas sector will also continue to witness steady growth, as clear brine fluids gain traction for drilling purposes. Demand will be offset by sluggish adoption in the electronics industry, as use of brominated flame retardants continues to face stricter regulations. Demand for bromine from electronics sector will witness a growth rate of 2.1% in 2016 over 2015.
Asia Pacific will remain the largest market for bromine, representing annual revenues worth US$ 1,087 Mn in 2016, up from 895 Mn in 2015. This is primarily due to expansion of end-use industries such as chemicals, pharmaceuticals, textiles, and electronic in APAC. Latin America will continue to offer growth opportunities to manufacturers, with global demand witnessing a 2.0% volume growth in 2016 over 2015. Demand will face constraints in the mature markets of North America and Western Europe in 2016 as well.
Request and Download Sample Report@ https://www.persistencemarketresearch.com/samples/4274
Israel Chemicals Limited, Chemtura Corporation, Albemarle Corporation, Gulf Resources Inc., Tosoh Corporation, Tetra Technologies Inc., Tata Chemicals Limited and Hindustan Salts Limited are the key players in the market. Top players are continuously focusing on expanding their product offerings, especially in flame retardants segments. Collaborations and joint ventures are key business strategies to develop green brominated flame retardants.
Long-term Outlook: PMR projects the global bromine market to witness moderate growth during the forecast period 2016-2024. APAC will continue to remain the largest market for bromine, growing at 4.1% revenue CAGR during the forecast period.
Buy Full Bromine Market Report@ https://www.persistencemarketresearch.com/checkout/4274
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.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 : APAC Bromine Market to Reflect a Significant CAGR Of 4.1% between 2016-2024 here
News-ID: 738898 • Views: …
More Releases from Persistance Market Research
Evolving Trends in the Insulin Pens Market: A Comprehensive Report
Market Overview:
The Insulin Pens Market has witnessed remarkable growth and innovation over the years. Insulin pens are medical devices used by individuals with diabetes to administer insulin easily and accurately. These devices have become an integral part of diabetes management, offering numerous advantages over traditional insulin delivery methods, such as syringes and vials.
In 2022, the global market for insulin pens brought in US$ 16.2 billion in revenue and is predicted…
Smart Machines Market to register growth at a CAGR of 20.1% throughout 2023-2033
The market for smart machines was valued at US$ 73,456.2 Mn in 2022, and it is expected to grow to US$ 5,44,986.6 Mn by the end of 2033. In 2023, the market for smart machines is expected to be worth US$ 87,045.6 Mn. From 2023 to 2033, the market for Smart Machines is expected to grow at a CAGR of 20.1%.
The market for artificially intelligent machines and systems that can…
Unified Cloud Communication and Collaboration Market will register a 11.1% CAGR …
The global cloud collaboration market was valued at US$ 48 billion in 2022, and it is expected to grow at an 11.1% CAGR, likely reaching US$ 137.3 billion by the end of the forecast period, which runs from 2022 to 2032. The expansion of organizations' cross-border projects, increased productivity, and the rise of the bring your own device (BYOD) trend are some of the major factors expected to drive the…
Optical Transceivers Market is Set to Grow At A CAGR Of 14.6 % By 2032
Persistence Market Research's new report "Optical Transceivers Market" examines the competitive landscape and the market's growth prospects in the coming years. The report of the Optical Transceivers market for the analysis period of 2023 - 2033 includes an in-depth study of some new and prominent industry trends, engagement analysis, and detailed regional analysis.
Need More Insights on Competitor Analysis of the Smart Home Cloud Platform Market, Request for Sample https://www.persistencemarketresearch.com/samples/4798
Through…
More Releases for Bromine
Bromine & Derivatives Market 2022 Precise Outlook- ICL, Albemarle, Lanxess, Jord …
The Bromine & Derivatives Market research delivers comprehensive research on the present stage of the market, covers market size with respect to assessment as sales volume, and provides a precise forecast of the market scenario over the estimated period. Also focuses on the product, application, manufacturers, suppliers, and regional segments of the market. Bromine & Derivatives market report research highlights market driving factors, an overview of the market growth, industry…
Bromine Market 2020 Analysis by Global Manufacturers –ICL, Yuyuan Group, Jorda …
This report researches the worldwide Bromine market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Bromine breakdown data by manufacturers, region, type and application, also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The global…
Bromine Derivatives Market Top Key Players are Honeywell International, Perekop …
Zion Market Research published a new 110+ pages industry research “Bromine Derivatives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026” is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Bromine Derivatives Market.…
Bromine Market Top Key Participant Chemtura Corporation, Albemarle Corporation, …
The Bromine 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…
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…
Global Bromine Market 2017: ICL, Albemarle, Tosoh, Perekop Bromine, Yuyuan Group …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Bromine market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in need of…
