The global bromoacetic acid market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for bromoacetic acid in various applications such as chemical intermediate, pesticide, drug and esters product. Bromoacetic acid is used as a chemical intermediate in various industries such as pharmaceuticals and agrochemicals. It is also used as an active ingredient in pesticides and drugs for treating cancer and other diseases. Bromoacetic acid has been found to have anti-inflammatory properties which are beneficial for treating arthritis pain.
The global bromoacetic acid market by type is segmented into greater than or equal to99% and below99%. Greater than or equal to99% segment accounted for more than 50% share of the total market revenue in 2017 owing to its wide application across various industries such as pharmaceuticals, agrochemicals, etc, whereas below99% segment accounted for less than 50% share due its limited application across only few industries such as pharmaceuticals industry where it is used as an active ingredient in drugs that treat cancer and other diseases.
Chemical intermediate was the largest end-use industry accounting for more than 40% share of the total revenue generated from this market followed by pesticide with 30%, drug with 25%, esters product with 10%, others with 5%. Chemical intermediate was expected to remain dominant throughout the forecast period owing its wide application across various industries including pharmaceuticals, agrochemicals etc, whereas pesticide was expected grow at a higher CAGR during forecast period due its increasing demand from agriculture sector which will lead it surpass chemical intermediate by 2030 end-year.
- Bromoacetic Acid is a chemical compound that is used in the production of other chemicals, such as pharmaceuticals and dyes.
- The major players in the global Bromoacetic Acid market are Dow Chemical Company (US), BASF SE (Germany), Akzo Nobel N.V., Royal Dutch Shell plc (Netherlands), Eastman Chemical Company (US), Mitsubishi Gas Chemical Company Inc, Chemtura Corporation, Evonik Industries AG, Lanxess AG, Jiangsu Hualun Co., Ltd, Sinopec Jinling Petrochemical Co Ltd, Zhejiang Juhua Co Ltd .
- The key factors driving the growth of this market include increasing demand for pharmaceuticals and dyes from emerging economies such as China and India; increasing demand for bromine compounds from various industries; high demand for brominated flame retardants due to their fire-retardant properties; high demand for brominated flame retardants due to their low toxicity levels; high demand for brominated flame retardants due to their low volatility levels.
- The key factors restraining the growth of this market include stringent regulations on use of hazardous substances.
Industry Growth Insights published a new data on “Bromoacetic Acid Market”. The research report is titled “Bromoacetic Acid Market research by Types (Greater than or equal to99%, Below99%), By Applications (Chemical Intermediate, Pesticide, Drug, Esters Product, Others), By Players/Companies Chemada Fine Chemicals, Jiangxi Sunway Chemical, Hefei TNJ Chemical Industry, Yancheng Jinbiao Chemical Industry, Contract Chemicals, Yancheng Longsheng Chemical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bromoacetic Acid Market Research Report
By Type
Greater than or equal to99%, Below99%
By Application
Chemical Intermediate, Pesticide, Drug, Esters Product, Others
By Companies
Chemada Fine Chemicals, Jiangxi Sunway Chemical, Hefei TNJ Chemical Industry, Yancheng Jinbiao Chemical Industry, Contract Chemicals, Yancheng Longsheng Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bromoacetic Acid Market Report Segments:
The global Bromoacetic Acid market is segmented on the basis of:
Types
Greater than or equal to99%, Below99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical Intermediate, Pesticide, Drug, Esters Product, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chemada Fine Chemicals
- Jiangxi Sunway Chemical
- Hefei TNJ Chemical Industry
- Yancheng Jinbiao Chemical Industry
- Contract Chemicals
- Yancheng Longsheng Chemical
Highlights of The Bromoacetic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Greater than or equal to99%
- Below99%
- By Application:
- Chemical Intermediate
- Pesticide
- Drug
- Esters Product
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bromoacetic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bromoacetic acid is a colorless, volatile liquid with a sour odor. It is used in chemical synthesis and as an intermediate in the production of other chemicals.
Some of the major players in the bromoacetic acid market are Chemada Fine Chemicals, Jiangxi Sunway Chemical, Hefei TNJ Chemical Industry, Yancheng Jinbiao Chemical Industry, Contract Chemicals, Yancheng Longsheng Chemical.
The bromoacetic acid market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bromoacetic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bromoacetic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bromoacetic Acid Market - Supply Chain
4.5. Global Bromoacetic Acid Market Forecast
4.5.1. Bromoacetic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bromoacetic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bromoacetic Acid Market Absolute $ Opportunity
5. Global Bromoacetic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bromoacetic Acid Market Size and Volume Forecast by Type
5.3.1. Greater than or equal to99%
5.3.2. Below99%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bromoacetic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bromoacetic Acid Market Size and Volume Forecast by Application
6.3.1. Chemical Intermediate
6.3.2. Pesticide
6.3.3. Drug
6.3.4. Esters Product
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bromoacetic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bromoacetic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bromoacetic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bromoacetic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bromoacetic Acid Demand Share Forecast, 2019-2026
9. North America Bromoacetic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bromoacetic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bromoacetic Acid Market Size and Volume Forecast by Application
9.4.1. Chemical Intermediate
9.4.2. Pesticide
9.4.3. Drug
9.4.4. Esters Product
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bromoacetic Acid Market Size and Volume Forecast by Type
9.7.1. Greater than or equal to99%
9.7.2. Below99%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bromoacetic Acid Demand Share Forecast, 2019-2026
10. Latin America Bromoacetic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bromoacetic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bromoacetic Acid Market Size and Volume Forecast by Application
10.4.1. Chemical Intermediate
10.4.2. Pesticide
10.4.3. Drug
10.4.4. Esters Product
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bromoacetic Acid Market Size and Volume Forecast by Type
10.7.1. Greater than or equal to99%
10.7.2. Below99%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bromoacetic Acid Demand Share Forecast, 2019-2026
11. Europe Bromoacetic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bromoacetic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bromoacetic Acid Market Size and Volume Forecast by Application
11.4.1. Chemical Intermediate
11.4.2. Pesticide
11.4.3. Drug
11.4.4. Esters Product
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bromoacetic Acid Market Size and Volume Forecast by Type
11.7.1. Greater than or equal to99%
11.7.2. Below99%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrctiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bromoacetic Acid Demand Share, 2019-2026
12. Asia Pacific Bromoacetic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bromoacetic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bromoacetic Acid Market Size and Volume Forecast by Application
12.4.1. Chemical Intermediate
12.4.2. Pesticide
12.4.3. Drug
12.4.4. Esters Product
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bromoacetic Acid Market Size and Volume Forecast by Type
12.7.1. Greater than or equal to99%
12.7.2. Below99%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bromoacetic Acid Demand Share, 2019-2026
13. Middle East & Africa Bromoacetic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bromoacetic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bromoacetic Acid Market Size and Volume Forecast by Application
13.4.1. Chemical Intermediate
13.4.2. Pesticide
13.4.3. Drug
13.4.4. Esters Product
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bromoacetic Acid Market Size and Volume Forecast by Type
13.7.1. Greater than or equal to99%
13.7.2. Below99%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bromoacetic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bromoacetic Acid Market: Market Share Analysis
14.2. Bromoacetic Acid Distributors and Customers
14.3. Bromoacetic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chemada Fine Chemicals
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jiangxi Sunway Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hefei TNJ Chemical Industry
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yancheng Jinbiao Chemical Industry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Contract Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yancheng Longsheng Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
