Market Overview:
The global Sodium Bromide market is expected to grow at a CAGR of 3.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas, silver bromide sensitizers, and pharmaceuticals. North America is expected to lead the market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Sodium bromide is a salt that is used in photography to prevent fogging. It also has other industrial uses.
Sodium Bromide (Liquid):
Sodium bromide (NaBr) is a salt which consists of bromine and sodium. It's produced in laboratories by the reaction between hydroiodic acid and barium hydroxide. The major applications include as an antiozonant for marine water treatment, as a fire retardant in plastics & papers, for removing halogen from gas streams used in the chemical industry and to control corrosion on ferrous materials.
Sodium Bromide (Dry):
Sodium bromide (Dry) is an inorganic compound and also one of the halogenated compounds. It has a bright yellow color with a strong odor. This salt is highly soluble in water, but it gets solid at room temperature due to its hygroscopic nature.
Application Insights:
The global NaBr market is segmented based on application into oil and gas, pharmaceutical industry, silver bromide sensitizer and others. The oil and gas application segment accounted for the largest share in 2017. This is attributed to rising demand from various industries such as petrochemicals, refining etc. In addition, increasing exploration activities are expected to augment the product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of pharmaceutical industry coupled with increasing demand for generic drugs in China, India, Japan and South Korea is expected to be a key driving factor for this region. In addition, growing oil & gas industry coupled with expanding end-use industries such as paints and coatings; cement; glass; agriculture chemicals will also propel product demand over the forecast period.
The Latin American regional market accounted for a significant share owing to high production levels of crude oil in countries such as Brazil and Venezuela which resulted into increased consumption levels of NaBr along with other additives used during drilling activities.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for sodium bromide as a fluxing agent in the manufacturing of integrated circuits and other electronic components.
- Growing demand for sodium bromide in water treatment applications, owing to its ability to reduce hardness, alkalinity, and chlorine content in water.
- Rising use of sodium bromide as a photographic processing agent in the printing industry.
- Increasing demand for NaBr from the pharmaceutical sector due to its properties such as antiseptic and bactericidal effects. 5) Sodium Bromide is also used extensively as a raw material input by various chemical industries which is likely to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
NaBr Market Research Report
By Type
Sodium Bromide (Liquid), Sodium Bromide (Dry)
By Application
Oil and Gas, Silver Bromide Sensitizer, Pharmaceutical Industry
By Companies
TETRA Technologies, Schlumberger, Halliburton, Great Lakes, ICL-IP
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global NaBr Market Report Segments:
The global NaBr market is segmented on the basis of:
Types
Sodium Bromide (Liquid), Sodium Bromide (Dry)
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
Oil and Gas, Silver Bromide Sensitizer, Pharmaceutical Industry
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:
- TETRA Technologies
- Schlumberger
- Halliburton
- Great Lakes
- ICL-IP
Highlights of The NaBr 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 (Liquid)
- Sodium Bromide (Dry)
- By Application:
- Oil and Gas
- Silver Bromide Sensitizer
- Pharmaceutical Industry
- 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 NaBr 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?
NaBr is a salt of the element barium.
Some of the major companies in the nabr market are TETRA Technologies, Schlumberger, Halliburton, Great Lakes, ICL-IP.
The nabr market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NaBr 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. NaBr Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NaBr Market - Supply Chain
4.5. Global NaBr Market Forecast
4.5.1. NaBr Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NaBr Market Size (000 Units) and Y-o-Y Growth
4.5.3. NaBr Market Absolute $ Opportunity
5. Global NaBr 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. NaBr Market Size and Volume Forecast by Type
5.3.1. Sodium Bromide (Liquid)
5.3.2. Sodium Bromide (Dry)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NaBr 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. NaBr Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Silver Bromide Sensitizer
6.3.3. Pharmaceutical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NaBr 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. NaBr 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 NaBr 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. NaBr 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 NaBr Demand Share Forecast, 2019-2026
9. North America NaBr 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 NaBr 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 NaBr Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. Silver Bromide Sensitizer
9.4.3. Pharmaceutical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NaBr Market Size and Volume Forecast by Type
9.7.1. Sodium Bromide (Liquid)
9.7.2. Sodium Bromide (Dry)
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 NaBr Demand Share Forecast, 2019-2026
10. Latin America NaBr 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 NaBr 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 NaBr Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. Silver Bromide Sensitizer
10.4.3. Pharmaceutical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NaBr Market Size and Volume Forecast by Type
10.7.1. Sodium Bromide (Liquid)
10.7.2. Sodium Bromide (Dry)
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 NaBr Demand Share Forecast, 2019-2026
11. Europe NaBr 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 NaBr 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 NaBr Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. Silver Bromide Sensitizer
11.4.3. Pharmaceutical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NaBr Market Size and Volume Forecast by Type
11.7.1. Sodium Bromide (Liquid)
11.7.2. Sodium Bromide (Dry)
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 NaBr Demand Share, 2019-2026
12. Asia Pacific NaBr 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 NaBr 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 NaBr Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. Silver Bromide Sensitizer
12.4.3. Pharmaceutical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NaBr Market Size and Volume Forecast by Type
12.7.1. Sodium Bromide (Liquid)
12.7.2. Sodium Bromide (Dry)
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 NaBr Demand Share, 2019-2026
13. Middle East & Africa NaBr 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 NaBr 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 NaBr Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. Silver Bromide Sensitizer
13.4.3. Pharmaceutical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NaBr Market Size and Volume Forecast by Type
13.7.1. Sodium Bromide (Liquid)
13.7.2. Sodium Bromide (Dry)
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 NaBr Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NaBr Market: Market Share Analysis
14.2. NaBr Distributors and Customers
14.3. NaBr Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TETRA Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schlumberger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Halliburton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Great Lakes
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ICL-IP
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
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
