The global hydrobromic 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 inorganic bromides and organic bromine, which are used as intermediates in various industries such as pharmaceuticals, agrochemicals, and others. In addition, the increasing demand for hydrobromic acid in developing countries such as China and India is also driving the growth of this market.
The global hydrobromic acid market has been segmented on the basis of type (48% HBr and 62% HBr), application (inorganic bromides, organic bromine, pharmaceuticals), and region (North America, Latin America, Europe Asia Pacific & Middle East & Africa). North America accounted for a major share in terms of revenue generation due to high consumption levels across various applications such as pharmaceuticals and agrochemicals. Europe was another major contributor due to its high consumption levels across various applications such as pharmaceuticals and agrochemicals. Asia Pacific is expected to witness significant growth during the forecast period owing to its large population base coupled with rising disposable incomes that will drive higher consumption levels across various applications including pharmaceuticals and agrochemicals.
- Hydrobromic Acid is used in the production of other chemicals, such as bromine and hydrobromic acid.
- Hydrobromic Acid is used in the production of other chemicals, such as bromine and hydrobronamic acid.
- Hydrobronamic Acid can be found in many household products.
Industry Growth Insights published a new data on “Hydrobromic Acid Market”. The research report is titled “Hydrobromic Acid Market research by Types (48% HBr, 62% HBr, Other), By Applications (Inorganic Bromides, Organic Bromine, Pharmaceuticals, Other), By Players/Companies ICL-IP, Albemarle, Chemtura, Jordan Bromine, Tosoh, Tata Chemicals, Haiwang Chemical, Shouguang Weidong Chemical, Shandong Tianyi Chemicals, Shandong Tianxin Chemical, Weifang Longwei, Haoyuan Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrobromic Acid Market Research Report
By Type
48% HBr, 62% HBr, Other
By Application
Inorganic Bromides, Organic Bromine, Pharmaceuticals, Other
By Companies
ICL-IP, Albemarle, Chemtura, Jordan Bromine, Tosoh, Tata Chemicals, Haiwang Chemical, Shouguang Weidong Chemical, Shandong Tianyi Chemicals, Shandong Tianxin Chemical, Weifang Longwei, Haoyuan 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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hydrobromic Acid Market Report Segments:
The global Hydrobromic Acid market is segmented on the basis of:
Types
48% HBr, 62% HBr, Other
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
Inorganic Bromides, Organic Bromine, Pharmaceuticals, Other
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-IP
- Albemarle
- Chemtura
- Jordan Bromine
- Tosoh
- Tata Chemicals
- Haiwang Chemical
- Shouguang Weidong Chemical
- Shandong Tianyi Chemicals
- Shandong Tianxin Chemical
- Weifang Longwei
- Haoyuan Group
Highlights of The Hydrobromic 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:
- 48% HBr
- 62% HBr
- Other
- By Application:
- Inorganic Bromides
- Organic Bromine
- Pharmaceuticals
- Other
- 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 Hydrobromic 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.
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
- 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?
Hydrobromic Acid is a strong acid that dissolves in water. It is used to clean and polish metals, glass, and other materials.
Some of the major companies in the hydrobromic acid market are ICL-IP, Albemarle, Chemtura, Jordan Bromine, Tosoh, Tata Chemicals, Haiwang Chemical, Shouguang Weidong Chemical, Shandong Tianyi Chemicals, Shandong Tianxin Chemical, Weifang Longwei, Haoyuan Group.
The hydrobromic acid market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydrobromic 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. Hydrobromic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydrobromic Acid Market - Supply Chain
4.5. Global Hydrobromic Acid Market Forecast
4.5.1. Hydrobromic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydrobromic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydrobromic Acid Market Absolute $ Opportunity
5. Global Hydrobromic 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. Hydrobromic Acid Market Size and Volume Forecast by Type
5.3.1. 48% HBr
5.3.2. 62% HBr
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydrobromic 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. Hydrobromic Acid Market Size and Volume Forecast by Application
6.3.1. Inorganic Bromides
6.3.2. Organic Bromine
6.3.3. Pharmaceuticals
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydrobromic 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. Hydrobromic 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 Hydrobromic 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. Hydrobromic 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 Hydrobromic Acid Demand Share Forecast, 2019-2026
9. North America Hydrobromic 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 Hydrobromic 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 Hydrobromic Acid Market Size and Volume Forecast by Application
9.4.1. Inorganic Bromides
9.4.2. Organic Bromine
9.4.3. Pharmaceuticals
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydrobromic Acid Market Size and Volume Forecast by Type
9.7.1. 48% HBr
9.7.2. 62% HBr
9.7.3. Other
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 Hydrobromic Acid Demand Share Forecast, 2019-2026
10. Latin America Hydrobromic 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 Hydrobromic 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 Hydrobromic Acid Market Size and Volume Forecast by Application
10.4.1. Inorganic Bromides
10.4.2. Organic Bromine
10.4.3. Pharmaceuticals
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydrobromic Acid Market Size and Volume Forecast by Type
10.7.1. 48% HBr
10.7.2. 62% HBr
10.7.3. Other
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 Hydrobromic Acid Demand Share Forecast, 2019-2026
11. Europe Hydrobromic 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 Hydrobromic 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 Hydrobromic Acid Market Size and Volume Forecast by Application
11.4.1. Inorganic Bromides
11.4.2. Organic Bromine
11.4.3. Pharmaceuticals
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydrobromic Acid Market Size and Volume Forecast by Type
11.7.1. 48% HBr
11.7.2. 62% HBr
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Hydrobromic Acid Demand Share, 2019-2026
12. Asia Pacific Hydrobromic 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 Hydrobromic 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 Hydrobromic Acid Market Size and Volume Forecast by Application
12.4.1. Inorganic Bromides
12.4.2. Organic Bromine
12.4.3. Pharmaceuticals
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydrobromic Acid Market Size and Volume Forecast by Type
12.7.1. 48% HBr
12.7.2. 62% HBr
12.7.3. Other
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 Hydrobromic Acid Demand Share, 2019-2026
13. Middle East & Africa Hydrobromic 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 Hydrobromic 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 Hydrobromic Acid Market Size and Volume Forecast by Application
13.4.1. Inorganic Bromides
13.4.2. Organic Bromine
13.4.3. Pharmaceuticals
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydrobromic Acid Market Size and Volume Forecast by Type
13.7.1. 48% HBr
13.7.2. 62% HBr
13.7.3. Other
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 Hydrobromic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydrobromic Acid Market: Market Share Analysis
14.2. Hydrobromic Acid Distributors and Customers
14.3. Hydrobromic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ICL-IP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Albemarle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chemtura
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jordan Bromine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tosoh
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tata Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haiwang Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shouguang Weidong Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shandong Tianyi Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Tianxin Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Weifang Longwei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Haoyuan Group
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
