Market Overview:
The global ZnBr2 market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ZnBr2 from oil and gas, sensitizer, and pharmaceutical industries. Additionally, the growing demand for ZnBr2 in Asia Pacific is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
A white, crystalline solid, ZnBr2 is the double salt of zinc and bromine. It is used as a catalyst in organic synthesis and to make other compounds.
Liquid:
Liquid is a transparent, odorless, tasteless liquid that can be used as an electrolyte in zinc bromide (ZnBr2) batteries. It has the ability to dissolve many substances including organic compounds and metals. Liquid is also known as electrolyte solution or cellophane liquid due to its clear appearance.
Solid:
is a solid material and has the chemical formula ZnBr2. It is usually found in nature as zinc blende deposits. Solid zinc blende can be produced synthetically by mixing powdered zinc with brine solution of potassium or sodium, followed by evaporating the mixture under vacuum to obtain a solid residue which is then treated chemically for obtaining pure solid zinc blende.
Application Insights:
The global zinc br2 market is segmented based on application into oil and gas, pharmaceutical industry, solar cell industry and others. The oil and gas sector was the largest consumer of the product in 2017. It is used as a drilling fluid for high-pressure hydraulic fracturing operations to enable enhanced extraction of petroleum resources.
The solar cell industry is anticipated to be one of the fastest growing segments over the forecast period owing to increasing investments in research & development activities pertaining to photovoltaic cells and panels across various countries including China, Japan, South Korea etcetera.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a volume share of over 45%. The region is expected to witness significant growth on account of increasing product demand from end-use industries, such as oil and gas, automotive, construction, aerospace. China led the Asia Pacific market owing to its large population coupled with rapid industrialization.
The global zinc brine storage facility is located at Qatargas Power Station in Qatar. The power station has two operational units with a total capacity of 1 GW each; however, unit 1 has a storage capacity of 3 million m3 ZnBr2 liquid solution (Solid). This represents an investment opportunity for global vendors to expand their presence in this industry vertical by providing cost-effective products and services.
North America emerged as the second fastest growing regional market due to strict environmental regulations by U.
Growth Factors:
- Growing demand from the electronics and automotive industries for zinc bromide as a flame retardant in various applications
- Increasing use of zinc bromide in solar energy systems as a thermal storage medium and heat transfer fluid
- Rising demand for zinc bromide from the agricultural sector as a pesticide and fungicide
- Growing popularity of zinc bromide-based water treatment systems due to their high efficiency and environmental friendliness
- Increasing research on new applications for zinc bromide that could spur its growth in the future
Scope Of The Report
Report Attributes
Report Details
Report Title
ZnBr2 Market Research Report
By Type
Liquid, Solid
By Application
Oil and Gas, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global ZnBr2 Market Report Segments:
The global ZnBr2 market is segmented on the basis of:
Types
Liquid, Solid
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, 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 ZnBr2 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:
- Liquid
- Solid
- By Application:
- Oil and Gas
- 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 ZnBr2 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?
ZnBr2 is a compound made of zinc and bromine. It is an alloy that can be used in electronics, aerospace, and other industries.
Some of the major players in the znbr2 market are TETRA Technologies, Schlumberger, Halliburton, Great Lakes, ICL-IP.
The znbr2 market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ZnBr2 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. ZnBr2 Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ZnBr2 Market - Supply Chain
4.5. Global ZnBr2 Market Forecast
4.5.1. ZnBr2 Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ZnBr2 Market Size (000 Units) and Y-o-Y Growth
4.5.3. ZnBr2 Market Absolute $ Opportunity
5. Global ZnBr2 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. ZnBr2 Market Size and Volume Forecast by Type
5.3.1. Liquid
5.3.2. Solid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ZnBr2 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. ZnBr2 Market Size and Volume Forecast by Application
6.3.1. Oil and Gas
6.3.2. Sensitizer
6.3.3. Pharmaceutical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ZnBr2 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. ZnBr2 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 ZnBr2 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. ZnBr2 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 ZnBr2 Demand Share Forecast, 2019-2026
9. North America ZnBr2 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 ZnBr2 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 ZnBr2 Market Size and Volume Forecast by Application
9.4.1. Oil and Gas
9.4.2. 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 ZnBr2 Market Size and Volume Forecast by Type
9.7.1. Liquid
9.7.2. Solid
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 ZnBr2 Demand Share Forecast, 2019-2026
10. Latin America ZnBr2 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 ZnBr2 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 ZnBr2 Market Size and Volume Forecast by Application
10.4.1. Oil and Gas
10.4.2. 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 ZnBr2 Market Size and Volume Forecast by Type
10.7.1. Liquid
10.7.2. Solid
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 ZnBr2 Demand Share Forecast, 2019-2026
11. Europe ZnBr2 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 ZnBr2 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 ZnBr2 Market Size and Volume Forecast by Application
11.4.1. Oil and Gas
11.4.2. 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 ZnBr2 Market Size and Volume Forecast by Type
11.7.1. Liquid
11.7.2. Solid
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 ZnBr2 Demand Share, 2019-2026
12. Asia Pacific ZnBr2 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 ZnBr2 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 ZnBr2 Market Size and Volume Forecast by Application
12.4.1. Oil and Gas
12.4.2. 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 ZnBr2 Market Size and Volume Forecast by Type
12.7.1. Liquid
12.7.2. Solid
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 ZnBr2 Demand Share, 2019-2026
13. Middle East & Africa ZnBr2 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 ZnBr2 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 ZnBr2 Market Size and Volume Forecast by Application
13.4.1. Oil and Gas
13.4.2. 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 ZnBr2 Market Size and Volume Forecast by Type
13.7.1. Liquid
13.7.2. Solid
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 ZnBr2 Demand Share, 2019-2026
14. Competition Landscape
14.1. Global ZnBr2 Market: Market Share Analysis
14.2. ZnBr2 Distributors and Customers
14.3. ZnBr2 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
