Market Overview:
The global bromine and its derivatives market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flame retardants, biocides, drilling fluids, chemical intermediates, water treatment and other applications. Asia Pacific is expected to be the fastest growing region during the forecast period.
Product Definition:
Bromine is a chemical element with symbol Br and atomic number 35. It is the third-lightest halogen, and is a fuming red-brown liquid at room temperature that evaporates to give a brown gas. Bromine has an aggressive, pungent smell. It dissolves in water to form hydrobromic acid, which is corrosive.
Bromine:
Bromine is a chemical element produced by the reaction between the Sun and theodiumsulfate. It is a salt like many other chemicals such as sodium chloride (NaCl), potassiumchloride (KCl), and calcium chloride (CaCl2). Bromine has two Br+ ions per molecule, unlike chlorine, which has three. Bromine molecules are smaller thanchlorine molecules; they are also lighter so they easily escape into the air.
Bromine Derivatives:
Bromine derivatives are organic compounds that result from the reaction between bromine and an organic compound. Bromine and its derivatives are used in a variety of applications such as firefighting foams, swimming pool sanitization, refrigerant gels, bleaching powder, etc.
Application Insights:
The demand for bromine and its derivatives is expected to witness a rise owing to their rising applications in flame retardants, biocides, drilling fluids, chemical intermediate and water treatment. The flame retardant segment dominated the global market with over 35% of the overall revenue share in 2017. Bromine-based compounds are used as an additive during the manufacturing of polybrominated phenolic (PBR) resins that are subsequently utilized as fire-resistant additives in numerous end-use industries including automotive & transportation, furniture & appliances and construction materials among others.
The demand for PBR resin is expected to increase significantly owing to its use as a structural component within various polymer blends such as epoxy resins that are widely utilized across several end-use industries on account of their high strength coupled with excellent resistance against thermal degradation under elevated temperatures which further boosts product demand globally.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 75.0% in 2017. The region is expected to witness significant growth over the forecast period owing to rising product demand from end-use industries, such as chemical manufacturing and oil & gas exploration drilling fluids. In addition, increasing offshore drilling activities are projected to drive bromine consumption in Asia Pacific countries such as India, China and Japan over the coming years.
The flame retardants application segment is anticipated to be one of the major consumers for bromine derivatives across various regions due to their fire safety properties that make them suitable for use in applications where there is a risk of fire occurrence or spread including aircrafts, automobiles and electronic products among others.
Growth Factors:
- Increasing demand from end-use industries such as water treatment, pharmaceuticals, and agrochemicals
- Growing awareness about the benefits of bromine and its derivatives among consumers
- Rising investment in research and development activities for new applications of bromine and its derivatives
- Expansion of manufacturing capacities by key players in the market
- Growing demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Bromine and Its Derivatives Market Research Report
By Type
Bromine, Bromine Derivatives
By Application
Flame Retardants, Biocides, Drilling Fluids, Chemical Intermediate, Water Treatment, Others
By Companies
ICL, Albemarle, Lanxess, Jordan Bromine Company (JBC), Tosoh, Solaris Chemtech (SCIL), Perekop Bromine, Yuyuan Group, Haiwang Chemical, Chengyuan Salt Chemical, ICL, Runke Chemical, Haihua Group, Tata Chemicals, Gulf Resources
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Bromine and Its Derivatives Market Report Segments:
The global Bromine and Its Derivatives market is segmented on the basis of:
Types
Bromine, Bromine Derivatives
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
Flame Retardants, Biocides, Drilling Fluids, Chemical Intermediate, Water Treatment, 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:
- ICL
- Albemarle
- Lanxess
- Jordan Bromine Company (JBC)
- Tosoh
- Solaris Chemtech (SCIL)
- Perekop Bromine
- Yuyuan Group
- Haiwang Chemical
- Chengyuan Salt Chemical
- ICL
- Runke Chemical
- Haihua Group
- Tata Chemicals
- Gulf Resources
Highlights of The Bromine and Its Derivatives 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:
- Bromine
- Bromine Derivatives
- By Application:
- Flame Retardants
- Biocides
- Drilling Fluids
- Chemical Intermediate
- Water Treatment
- 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 Bromine and Its Derivatives 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Bromine is a chemical element with the symbol Br and atomic number 35. It is a halogen, which means it has one electron in its outer shell. Bromine occurs naturally as the main component of salt water and brines. It also occurs as a by-product of industrial processes, including the production of plastics and pesticides. Bromine derivatives include bromide ion (Br-), bromate ion (BrO 3 -), and tribromide ion (Br 2 Br).
Some of the major players in the bromine and its derivatives market are ICL, Albemarle, Lanxess, Jordan Bromine Company (JBC), Tosoh, Solaris Chemtech (SCIL), Perekop Bromine, Yuyuan Group, Haiwang Chemical, Chengyuan Salt Chemical, ICL, Runke Chemical, Haihua Group, Tata Chemicals, Gulf Resources.
The bromine and its derivatives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bromine and Its Derivatives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bromine and Its Derivatives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bromine and Its Derivatives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bromine and Its Derivatives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bromine and Its Derivatives Market Size & Forecast, 2020-2028
4.5.1 Bromine and Its Derivatives Market Size and Y-o-Y Growth
4.5.2 Bromine and Its Derivatives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bromine
5.2.2 Bromine Derivatives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Flame Retardants
6.2.2 Biocides
6.2.3 Drilling Fluids
6.2.4 Chemical Intermediate
6.2.5 Water Treatment
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bromine and Its Derivatives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bromine and Its Derivatives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bromine
9.6.2 Bromine Derivatives
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Flame Retardants
9.10.2 Biocides
9.10.3 Drilling Fluids
9.10.4 Chemical Intermediate
9.10.5 Water Treatment
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bromine
10.6.2 Bromine Derivatives
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Flame Retardants
10.10.2 Biocides
10.10.3 Drilling Fluids
10.10.4 Chemical Intermediate
10.10.5 Water Treatment
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bromine
11.6.2 Bromine Derivatives
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Flame Retardants
11.10.2 Biocides
11.10.3 Drilling Fluids
11.10.4 Chemical Intermediate
11.10.5 Water Treatment
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bromine
12.6.2 Bromine Derivatives
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Flame Retardants
12.10.2 Biocides
12.10.3 Drilling Fluids
12.10.4 Chemical Intermediate
12.10.5 Water Treatment
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bromine
13.6.2 Bromine Derivatives
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Flame Retardants
13.10.2 Biocides
13.10.3 Drilling Fluids
13.10.4 Chemical Intermediate
13.10.5 Water Treatment
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bromine and Its Derivatives Market: Competitive Dashboard
14.2 Global Bromine and Its Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICL
14.3.2 Albemarle
14.3.3 Lanxess
14.3.4 Jordan Bromine Company (JBC)
14.3.5 Tosoh
14.3.6 Solaris Chemtech (SCIL)
14.3.7 Perekop Bromine
14.3.8 Yuyuan Group
14.3.9 Haiwang Chemical
14.3.10 Chengyuan Salt Chemical
14.3.11 ICL
14.3.12 Runke Chemical
14.3.13 Haihua Group
14.3.14 Tata Chemicals
14.3.15 Gulf Resources
