Market Overview:
The global bromine 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 bromine derivatives in various applications, such as chemical industry, oil and gas industry, construction industry, pharmaceutical industry, electronics industry and others. Sodium Bromide is the most commonly used type of bromine derivative and accounts for the majority of the share in terms of volume in 2017. However, Tetrabromobisphenol-A (TBBPA) is projected to grow at a highest CAGR during the forecast period owing to its growing demand from electrical & electronics industries.
Product Definition:
The term Bromine Derivatives refers to a group of organic compounds that are derived from bromine. These compounds have a wide variety of applications, including as disinfectants, flame retardants, and pesticides.
Sodium Bromide:
Sodium bromide is a chemical compound, which is primarily used as an oxidizing agent. It has a strong smell of bromine and is highly soluble in water. Sodium Bromide also called as saltpeter or just peter, is produced by the reaction between sodium chloride (NaCl) and calcium Bromide (CaBr).
Calcium Bromide:
Calcium Bromide is a salt formed by the reaction of calcium bromide and sodium chloride. It has a white crystalline appearance and is very soluble in water. The product finds application as an antiseptic, refrigerant, reducing agent for chemical reactions, absorbent for oil spills and in fire extinguishers among others.
Application Insights:
The global bromine derivatives market is segmented by application into the chemical industry, oil and gas industry, construction industry, pharmaceuticals & healthcare sector and electronics sector. The chemical segment dominated the overall market in terms of revenue share in 2017. Bromine based chemicals are used for industrial purposes such as fire extinguishing agents, water treatment chemicals and sedatives among others.
Bromine derivatives are also widely used as a component in several household products such as toothpaste and cleaners owing to their ability to remove stains from teeth without causing damage or sensitivity. In addition, they have antiseptic properties which make them highly beneficial for use in various cleaning applications especially those that require sterilization of surfaces like kitchenware or medical equipment. These factors are anticipated to drive the demand for bromine derivatives over the forecast period making it one of the fastest growing segments during this period with CAGR exceeding 7%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of major Bromine-producing countries such as China, India, and Japan along with various emerging industries present across these countries is anticipated to drive the regional market. In addition, increasing demand for consumer electronics products along with rising construction activities in developing economies including China and India are likely to boost product consumption over the coming years.
The U.S., being a developed economy has significantly adopted Bromine-based derivatives for numerous applications across multiple sectors such as chemical manufacturing, oil & gas industry among others which have driven North America's B2D market share significantly high than other regions globally (see Table 1). However Asia Pacific led by emerging economies like china has higher GDP per capita compared to U.S.
Growth Factors:
- Increasing demand from end-use industries such as water treatment, pharmaceuticals, and agrochemicals
- Growing awareness about the benefits of bromine derivatives in various applications
- Rising investment by manufacturers in R&D to develop new products and applications
- Expansion of global trade due to growing demand from emerging markets
- Technological advancements that help reduce manufacturing costs and improve product quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Bromine Derivatives Market Research Report
By Type
Sodium Bromide, Calcium Bromide, Zinc Bromide, Tetrabromobisphenol-A (TBBPA), DeCalcium Bromideomodiphenyl ethane (DBDPE), Others
By Application
Chemical Industry, Oil and Gas Industry, Construction Industry, Pharmaceutical Industry, Electronics Industry, Others
By Companies
ICL-Group, Albemarle Corporation, Lanxess, TETRA Technologies Inc., Gulf Resources Inc., Tosoh Corporation, Tata Chemicals Limited, ICL-Group
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
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Bromine Derivatives Market Report Segments:
The global Bromine Derivatives market is segmented on the basis of:
Types
Sodium Bromide, Calcium Bromide, Zinc Bromide, Tetrabromobisphenol-A (TBBPA), DeCalcium Bromideomodiphenyl ethane (DBDPE), Others
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 Industry, Oil and Gas Industry, Construction Industry, Pharmaceutical Industry, Electronics Industry, 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-Group
- Albemarle Corporation
- Lanxess
- TETRA Technologies Inc.
- Gulf Resources Inc.
- Tosoh Corporation
- Tata Chemicals Limited
- ICL-Group
Highlights of The Bromine 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:
- Sodium Bromide
- Calcium Bromide
- Zinc Bromide
- Tetrabromobisphenol-A (TBBPA)
- DeCalcium Bromideomodiphenyl ethane (DBDPE)
- Others
- By Application:
- Chemical Industry
- Oil and Gas Industry
- Construction Industry
- Pharmaceutical Industry
- Electronics Industry
- 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 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 derivatives are chemicals that contain bromine atoms in place of other elements. Bromine derivatives can be found in a variety of products, including pesticides, flame retardants, and plastics.
Some of the major players in the bromine derivatives market are ICL-Group, Albemarle Corporation, Lanxess, TETRA Technologies Inc., Gulf Resources Inc., Tosoh Corporation, Tata Chemicals Limited, ICL-Group.
The bromine derivatives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bromine 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 Derivatives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bromine 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 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 Derivatives Market Size & Forecast, 2020-2028
4.5.1 Bromine Derivatives Market Size and Y-o-Y Growth
4.5.2 Bromine 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 Sodium Bromide
5.2.2 Calcium Bromide
5.2.3 Zinc Bromide
5.2.4 Tetrabromobisphenol-A (TBBPA)
5.2.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
5.2.6 Others
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 Chemical Industry
6.2.2 Oil and Gas Industry
6.2.3 Construction Industry
6.2.4 Pharmaceutical Industry
6.2.5 Electronics Industry
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bromine 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 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 Sodium Bromide
9.6.2 Calcium Bromide
9.6.3 Zinc Bromide
9.6.4 Tetrabromobisphenol-A (TBBPA)
9.6.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
9.6.6 Others
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 Chemical Industry
9.10.2 Oil and Gas Industry
9.10.3 Construction Industry
9.10.4 Pharmaceutical Industry
9.10.5 Electronics Industry
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 Sodium Bromide
10.6.2 Calcium Bromide
10.6.3 Zinc Bromide
10.6.4 Tetrabromobisphenol-A (TBBPA)
10.6.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
10.6.6 Others
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 Chemical Industry
10.10.2 Oil and Gas Industry
10.10.3 Construction Industry
10.10.4 Pharmaceutical Industry
10.10.5 Electronics Industry
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 Sodium Bromide
11.6.2 Calcium Bromide
11.6.3 Zinc Bromide
11.6.4 Tetrabromobisphenol-A (TBBPA)
11.6.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
11.6.6 Others
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 Chemical Industry
11.10.2 Oil and Gas Industry
11.10.3 Construction Industry
11.10.4 Pharmaceutical Industry
11.10.5 Electronics Industry
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 Sodium Bromide
12.6.2 Calcium Bromide
12.6.3 Zinc Bromide
12.6.4 Tetrabromobisphenol-A (TBBPA)
12.6.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
12.6.6 Others
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 Chemical Industry
12.10.2 Oil and Gas Industry
12.10.3 Construction Industry
12.10.4 Pharmaceutical Industry
12.10.5 Electronics Industry
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 Sodium Bromide
13.6.2 Calcium Bromide
13.6.3 Zinc Bromide
13.6.4 Tetrabromobisphenol-A (TBBPA)
13.6.5 DeCalcium Bromideomodiphenyl ethane (DBDPE)
13.6.6 Others
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 Chemical Industry
13.10.2 Oil and Gas Industry
13.10.3 Construction Industry
13.10.4 Pharmaceutical Industry
13.10.5 Electronics Industry
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 Derivatives Market: Competitive Dashboard
14.2 Global Bromine Derivatives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICL-Group
14.3.2 Albemarle Corporation
14.3.3 Lanxess
14.3.4 TETRA Technologies Inc.
14.3.5 Gulf Resources Inc.
14.3.6 Tosoh Corporation
14.3.7 Tata Chemicals Limited
14.3.8 ICL-Group
