+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2017-08-02Number of Pages: 217

Bromine Market (Application - Flame Retardants, Drilling Fluids, Biocides, Catalysts, and Water Treatment) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Global Bromine Market: Snapshot

Established global behemoths wield a substantial control over the bromine market, worldwide. Their dominant position is a result of their massive manufacturing capacities and significant geographical outreach. Armed with substantial technological and financial resources, the companies have been nimbly adapting to various market changes. In order to bolster their positions further, these companies have been leveraging astute pricing policies and product development.

Bromine and its derivatives are increasingly finding application in lessening mercury emissions from smokestacks of coal-fired plants that poses hazard to human health. In fact, many governments and other authorities already have regulations in place to arrest mercury emission. This in turn has provided a fillip to the global bromine market. Besides, bromine is also used in water treatment – be it industrial water treatment or residential or commercial water purification. This is another growth driver in the market.

Negatively impacting its market, on the other hand, is the fact that bromine is a hazardous waste, which has to be disposed of carefully so as to cause minimum damage to the environment and humans. Further, bromine vapor is highly corrosive. The problem becomes aggravated in presence of moisture on account of the formation of acids. Therefore, bromine needs be kept dry during transportation and storage.

A report by Transparency Market Research, forecasts the global bromine market to expand at a lackluster CAGR of 5.0% from 2017 to 2025, to become worth US$2.674 bn by 2025 from US$1.74 in 2016.

 

bromine market

 

Unabated Oil and Gas Drilling Activities to Stoke Maximum Growth in Drilling Fluids

The global bromine market can be divided into flame retardants, drilling fluids, biocides, catalysts, water treatment, etc. based on its different applications. Of them, the segment of flame retardants accounts for maximum market share. Going forward, the segment is expected to retain its leading share in the market, albeit reducing it slightly to 32.6% by 2025 by clocking the minimum CAGR of 4.2%. This is because, bromine, which is used to manufacture brominated flame retardants (BFR) which is added to a wide array of products, ranging from textiles, plastics, and electrical/electronic equipment, is being banned or restricted on account of its ill-effects on human health. This is proving a major impediment to the growth in the global bromine market.

Another major application of bromine is as clear brine fluids in drilling fluids. With oil and gas drilling activities showing little signs of slowing down in the near future, despite oversupply, the segment is slated to clock continued growth as they are used in the completion process of oil and gas extraction. The segment is expected to register a CAGR of 5.4% from 2017 to 2025.

Vis-à-vis growth rate, however, water treatment application is anticipated to surpass all other applications by registering a CAGR of 6.1% between 2017 and 2025.

Powered by Demand from China, Asia Pacific Leads Market

From a geographical standpoint, Asia Pacific leads the global bromine market both in terms of growth pace and share in revenue. In 2016, the region contributed a significant 50.0% share in the revenue in the market. The region is predicted to grow its leading share vis-à-vis volume in the near future mainly on the back of massive demand from China, which accounts for over half the demand for bromine in the region.

North America and Europe are mature markets and demand for bromine is low in Latin America and the Middle East and Africa. Israel, China, the U.S., and Jordan are the major manufacturers of bromine.

Some of the prominent participants operating in the global bromine market are Albemarle Corporation, Israel Chemical Ltd. (ICL), Jordan Bromine Company Limited, and Gulf Resources Inc.

1. Preface
     1.1. Report Scope and Market Segmentation
     1.2. Research Highlights

2. Assumptions and Research Methodology
     2.1. Report Assumptions
     2.2. Secondary Sources and Acronyms Used
     2.3. Research Methodology

3. Executive Summary
     3.1. Market Snapshot
     3.2. Top Trends

4. Market Overview
     4.1. Product Overview
     4.2. Key Industry Developments     
     4.3. Market Indicators
     4.4. Drivers and Restraints Snapshot Analysis
            4.4.1. Drivers
            4.4.2. Restraints
            4.4.3. Opportunities
     4.5. Global Bromine Market Analysis and Forecast
     4.6. Porter’s Analysis
            4.6.1. Threat of Substitutes
            4.6.2. Bargaining Power of Buyers
            4.6.3. Bargaining Power of Suppliers
            4.6.4. Threat of New Entrants
            4.6.5. Degree of Competition
     4.7. Value Chain Analysis
     4.8. Global Demand-Supply Scenario
     4.9. Global Bromine Market Outlook, 2016
     4.10. Regulatory Scenario
     4.11. Global Bromine Market: SWOT Analysis
     4.12. Bromine Market Prices, by Application, US$/Ton, 2016–2025

5. Bromine Market Analysis, by Application
     5.1. Introduction
     5.2. Key Findings
     5.3. Global Bromine Market Value Share Analysis, by Application
     5.4. Global Bromine Market Forecast and Analysis, by Application
            5.4.1. Flame Retardant
            5.4.2. Drilling Fluids
            5.4.3. Biocides
            5.4.4. Catalysts
            5.4.5. Water Treatment
            5.4.6. Others
     5.5. Global Bromine Market Attractiveness Analysis, by Application
     5.6. Market Trends

6. Global Bromine Market Analysis by Region
     6.1. Global Market Size Growth Scenario, by Region, 2016
     6.2. Key Findings
     6.3. Global Bromine Market Value Share Analysis, by Region
     6.4. Global Bromine Market Forecast, by Region
            6.4.1. North America
            6.4.2. Latin America
            6.4.3. Europe
            6.4.4. Asia Pacific
            6.4.5. Middle East and Africa
     6.5. Global Bromine Market Attractiveness Analysis, by Region

7. North America Bromine Market Analysis
     7.1. Key Findings
     7.2. North America Bromine Market Overview
     7.3. North America Bromine Market Value Share Analysis, by Application
     7.4. North America Bromine Market Forecast, by Application
     7.5. North America Bromine Market Value Share Analysis, by Country
     7.6. North America Bromine Market Forecast, by Country
            7.6.1. U.S. Bromine Market Analysis
            7.6.2. U.S. Bromine Market Forecast, by Application
            7.6.3. Canada Bromine Market Analysis
            7.6.4. Canada Bromine Market Forecast, by Application
     7.7. North America Bromine Market Attractiveness Analysis, by Application
     7.8. North America PEST Analysis

8. Latin America Bromine Market Analysis
     8.1. Key Findings
     8.2. Latin America Bromine Market Overview
     8.3. Latin America Bromine Market Value Share Analysis, by Application
     8.4. Latin America Bromine Market Forecast, by Application
     8.5. Latin America Bromine Market Value Share Analysis, by Country
     8.6. Latin America Bromine Market Forecast, by Country
            8.6.1. Brazil Bromine Market Analysis
            8.6.2. Brazil Bromine Market Forecast, by Application
            8.6.3. Mexico Bromine Market Analysis
            8.6.4. Mexico Bromine Market Forecast, by Application
            8.6.5. Rest of Latin America Bromine Market Analysis
            8.6.6. Rest of Latin America Bromine Market Forecast, by Application
     8.7. Latin America Bromine Market Attractiveness Analysis, by Application
     8.8. Latin America PEST Analysis

9. Europe Bromine Market Analysis
     9.1. Key Findings
     9.2. Europe Bromine Market Overview
     9.3. Europe Bromine Market Value Share Analysis, by Application
     9.4. Europe Bromine Market Forecast, by Application
     9.5. Europe Bromine Market Value Share Analysis, by Country
     9.6. Europe Bromine Market Forecast, by Country
            9.6.1. Germany Bromine Market Analysis
            9.6.2. Germany Bromine Market Forecast, by Application
            9.6.3. France Bromine Market Analysis
            9.6.4. France Bromine Market Forecast, by Application
            9.6.5. U.K. Bromine Market Analysis
            9.6.6. U.K. Bromine Market Forecast, by Application
            9.6.7. Russia Bromine Market Analysis
            9.6.8. Russia Bromine Market Forecast, by Application
            9.6.9. Italy Bromine Market Analysis
            9.6.10. Italy Bromine Market Forecast, by Application
            9.6.11. Rest of Europe Bromine Market Analysis
            9.6.12. Rest of Europe Bromine Market Forecast, by Application
     9.7. Europe Bromine Market Attractiveness Analysis, by Application
     9.8. Europe PEST Analysis

10. Asia Pacific Bromine Market Analysis
     10.1. Key Findings     
     10.2. Asia Pacific Bromine Market Overview
     10.3. Asia Pacific Bromine Market Value Share Analysis, by Application
     10.4. Asia Pacific Bromine Market Forecast, by Application
     10.5. Asia Pacific Bromine Market Value Share Analysis, by Country
     10.6. Asia Pacific Bromine Market Forecast, by Country
            10.6.1. China Bromine Market Analysis
            10.6.2. China Bromine Market Forecast, by Application
            10.6.3. Japan Bromine Market Analysis
            10.6.4. Japan Bromine Market Forecast, by Application
            10.6.5. India Bromine Market Analysis
            10.6.6. India Bromine Market Forecast, by Application
            10.6.7. ASEAN Bromine Market Analysis
            10.6.8. ASEAN Bromine Market Forecast, by Application
            10.6.9. Rest of Asia Pacific Bromine Market Analysis
            10.6.10. Rest of Asia Pacific Bromine Market Forecast, by Application
     10.7. Asia Pacific Bromine Market Attractiveness Analysis, by Application
     10.8. Asia Pacific PEST Analysis

11. Middle East & Africa Bromine Market Analysis
     11.1. Key Findings
     11.2. Middle East & Africa Bromine Market Overview
     11.3. Middle East & Africa Bromine Market Value Share Analysis, by Application
     11.4. Middle East & Africa Bromine Market Forecast, by Application
     11.5. Middle East & Africa Bromine Market Value Share Analysis, by Country
     11.6. Middle East & Africa Bromine Market Forecast, by Country
            11.6.1. GCC Bromine Market Analysis
            11.6.2. GCC Bromine Market Forecast, by Application
            11.6.3. South Africa Bromine Market Analysis
            11.6.4. South Africa Bromine Market Forecast, by Application
            11.6.5. Rest of Middle East & Africa Bromine Market Analysis
            11.6.6. Rest of Middle East & Africa Bromine Market Forecast, by Application
     11.7. Middle East & Africa Bromine Market Attractiveness Analysis, by Application
     11.8. Middle East & Africa PEST Analysis

12. Competition Landscape
     12.1. Bromine Market Share Analysis, by Company Production, 2016
     12.2. Competition Matrix
     12.3. Company Profiles
            12.3.1. Albemarle Corporation
                      12.3.1.1. Company Description
                      12.3.1.2. Business Overview
                      12.3.1.3. Financial Details
                      12.3.1.4. Strategic Overview
                      12.3.1.5. Product Details
                      12.3.1.6. Recent Developments
            12.3.2. Agrocel Industries LTD
                      12.3.2.1. Company Description
                      12.3.2.2. Business Overview
                      12.3.2.3. Product Details
            12.3.3. Hindustan Salts Limited
                      12.3.3.1. Company Description
                      12.3.3.2. Business Overview
                      12.3.3.3. Financial Details
                      12.3.3.4. Strategic Overview
                      12.3.3.5. Product Details
                      12.3.3.6. Recent Developments
            12.3.4. Israel Chemical Ltd. (ICL)
                      12.3.4.1. Company Description
                      12.3.4.2. Business Overview
                      12.3.4.3. Financial Details
                      12.3.4.4. Strategic Overview
                      12.3.4.5. Product Details
                      12.3.4.6. Recent Developments
            12.3.5. Jordan Bromine Company Limited
                      12.3.5.1. Company Description
                      12.3.5.2. Business Overview
            12.3.6. MORRE-TEC Industries
                      12.3.6.1. Company Description
                      12.3.6.2. Business Overview
            12.3.7. Perekop Bromine
                      12.3.7.1. Company Description
                      12.3.7.2. Business Overview
            12.3.8. Shandong Dadi Salt Chemical Group Co. Ltd.
                      12.3.8.1. Company Description
                      12.3.8.2. Product Details
            12.3.9. Shandong Haiwang Chemical Co., Ltd.
                      12.3.9.1. Company Description
                      12.3.9.2. Business Overview
            12.3.10. Shandong Yuyuan Group Co. Ltd.
                      12.3.10.1. Company Description
                      12.3.10.2. Product Details
            12.3.11. Solaris ChemTech Industries Limited (SCIL)
                      12.3.11.1. Company Description
                      12.3.11.2. Business Overview
                      12.3.11.3. Product Details
            12.3.12. TETRA Technologies, Inc.
                      12.3.12.1. Company Description
                      12.3.12.2. Business Overview
            12.3.13. Tosoh Corporation
                      12.3.13.1. Company Description
                      12.3.13.2. Business Overview
                      12.3.13.3. Financial Details
                      12.3.13.4. Strategic Overview

13. Primary Research – Key Insights

List of Figures

Figure 01: Market Snapshot
Figure 02: Share held by Asia Pacific in Terms of Consumption, 2016–2025
Figure 03: Global Bromine Market Volume (Tons) and Size (US$ Mn) Analysis, 2016–2025
Figure 04: Global Bromine Market Size and Volume, Y-o-Y Growth Projection, 2017–2025
Figure 05: Global Bromine Market Value Share, by Application, 2016
Figure 06: Global Bromine Market Volume Share, by Region, 2016
Figure 07: Prices of Bromine, by Application, US$/Ton, 2016–2025
Figure 08: Prices of Bromine, by Region, US$/Ton, 2016–2025
Figure 09: Global Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 10: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Flame Retardants, 2016–2025
Figure 11: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Drilling Fluids, 2016–2025
Figure 12: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Biocides, 2016–2025
Figure 13: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Catalysts, 2016–2025
Figure 14: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Water Treatment, 2016–2025
Figure 15: Global Bromine Market Revenue (US$ Mn) and Volume (Tons) Analysis for Others, 2016–2025
Figure 16: Global Bromine Market Attractiveness Analysis, by Application
Figure 17: Global Bromine Market Value Share Analysis, by Region, 2016 and 2025
Figure 18: Global Bromine Market Attractiveness Analysis, by Region
Figure 19: North America Bromine Market Size (US$ Mn) and Volume (Tons) Forecast, 2016–2025
Figure 20: North America Bromine Market Attractiveness Analysis, by Country
Figure 21: North America Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 22: North America Bromine Market Value Share Analysis, by Country, 2016 and 2025
Figure 23: U.S. Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 24: U.S. Bromine Market Size (US$ Mn) and Volume (Tons) Forecast, 2016–2025
Figure 25: Canada Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 26: Canada Bromine Market Size (US$ Mn) and Volume (Tons) Forecast, 2016–2025
Figure 27: North America Bromine Market Attractiveness Analysis, by Application
Figure 28: Latin America Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 29: Latin America Bromine Market Attractiveness Analysis, by Country/Sub-region
Figure 30: Latin America Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 31: Latin America Bromine Market Value Share Analysis, by Country/Sub-region, 2016 and 2025
Figure 32: Brazil Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 33: Brazil Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 34: Mexico Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 35: Mexico Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 36: Rest of Latin America Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 37: Rest of Latin America Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 38: Latin America Bromine Market Attractiveness Analysis, by Application
Figure 39: Europe Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 40: Europe Bromine Market Attractiveness Analysis, by Country/Sub-region
Figure 41: Europe Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 42: Europe Bromine Market Value Share Analysis, by Country/Sub-region, 2016 and 2025
Figure 43: Germany Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 44: Germany Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 45: France Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 46: France Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 47: U.K. Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 48: U.K. Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 49: Russia Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 50: Russia Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 51: Italy Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 52: Italy Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 53: Rest of Europe Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 54: Rest of Europe Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 55: Europe Bromine Market Attractiveness Analysis, by Application
Figure 56: Asia Pacific Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 57: Asia Pacific Bromine Market Attractiveness Analysis, by Country/Sub-region
Figure 58: Asia Pacific Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 59: Asia Pacific Bromine Market Value Share Analysis, by Country/Sub-region, 2016 and 2025
Figure 60: China Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 61: China Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 62: Japan Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 63: Japan Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 64: India Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 65: India Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 66: ASEAN Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 67: ASEAN Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 68: Rest of Asia Pacific Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 69: Rest of Asia Pacific Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 70: Asia Pacific Bromine Market Attractiveness Analysis, by Application
Figure 71: MEA Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 72: MEA Bromine Market Attractiveness Analysis, by Country/Sub-region
Figure 73: MEA Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 74: MEA Bromine Market Value Share Analysis, by Country/Sub-region, 2016 and 2025
Figure 75: GCC Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 76: GCC Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 77: South Africa Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 78: South Africa Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 79: Rest of Middle East & Africa Bromine Market Value Share Analysis, by Application, 2016 and 2025
Figure 80: Rest of Middle East & Africa Bromine Market Volume (Tons) and Size (US$ Mn) Forecast, 2016–2025
Figure 81: Middle East & Africa Bromine Market Attractiveness Analysis, by Application
Figure 82: Estimated Bromine Market Share Analysis, by Company Production (2016)

 

List of Tables

Table 01(a): Global Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 01(b): Global Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 02: Global Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Region, 2016–2025
Table 03(a): North America Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 03(b): North America Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 04: North America Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country, 2016–2025
Table 05(a): U.S. Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 05(b): U.S. Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 06(a): Canada Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 06(b): Canada Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 07(a): Latin America Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 07(b): Latin America Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 08: Latin America Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country/Sub-region, 2016–2025
Table 09(a): Brazil Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 09(b): Brazil Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 10(a): Mexico Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 10(b): Mexico Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 11(a): Rest of Latin America Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 11(b): Rest of Latin America Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 12(a): Europe Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 12(b): Europe Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 13(a): Europe Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country/Sub-region, 2016–2025
Table 13(b): Europe Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country/Sub-region, 2016–2025
Table 14(a): Germany Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 14(b): Germany Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 15(a): France Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 15(b): France Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 16(a): U.K. Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 16(b): U.K. Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 17(a): Russia Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 17(b): Russia Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 18(a): Italy Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 18(b): Italy Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 19(a): Rest of Europe Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 19(b): Rest of Europe Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 20(a): Asia Pacific Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 20(b): Asia Pacific Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 21: Asia Pacific Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country/Sub-region, 2016–2025
Table 22(a): China Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 22(b): China Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 23(a): Japan Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 23(b): Japan Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 24(a): India Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 24(b): India Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 25(a): ASEAN Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 25(b): ASEAN Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 26(a): Rest of Asia Pacific Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 26(b): Rest of Asia Pacific Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 27(a): Middle East & Africa Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 27(b): Middle East & Africa Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 28: MEA Bromine Market Volume (Tons) and Revenue (US$ Mn) Forecast, by Country/Sub-region, 2016–2025
Table 29(a): GCC Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 29(b): GCC Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 30(a): South Africa Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 30(b): South Africa Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025
Table 31(a): Rest of Middle East & Africa Bromine Market Volume (Tons) Forecast, by Application, 2016–2025
Table 31(b): Rest of Middle East & Africa Bromine Market Revenue (US$ Mn) Forecast, by Application, 2016–2025

 

Global Bromine Market: Overview

Bromine is a chemical element with symbol Br and atomic number 35. It is the third-lightest halogen and it exists in the form of fuming red-brown liquid at room temperature. The commercial source of bromine is brine pools. Major producers of bromine are Israel, the U.S., and China. The mass of bromine in oceans is about 0.0033 times to that of chlorine.

The report estimates and forecasts the bromine market on the global and regional levels. The study provides forecast between 2017 and 2025 based on volume (tons) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage.

The study includes drivers and restraints for the Bromine market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the Bromine market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of Bromine and global average price trend analysis.

Global Bromine Market: Segmentation

The study provides a comprehensive view of the bromine market by dividing it into application and geography segments. The applications are segmented into flame retardants, drilling fluids, biocides, catalysts, water treatment, and others. These segments have been analyzed based on historic, present, and future trends.

Regional segmentation includes the current and forecast consumption of bromine in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.

Bromine has applications in brominated flame retardants, as clear brine fluids in drilling fluids, water treatment, biocides among others. The major application of bromine is observed in flame retardants, followed by drilling fluids as clear brine fluids. Clear brine fluids are industrial fluids used in various operations in the oil & gas industry such as completion, work-over, and drilling. Brominated flame retardants (BFRs) are effective in applications such as electronics, clothes, and furniture.

Major application of bromine is in the manufacturing of BFRs for textiles and polymer. However, the market for BFRs has been declining over a decade due to various regulations and legislation that either seek compliance with limited BFR content or ban the product altogether. The declining usage of bromine in flame retardants is acting as a major restraint to the bromine market.

Major usage of bromine in water treatment is in industrial water treatment and residential & commercial water purification. Bromine is used to prevent the formation and growth of algae, bacteria, and odors in the swimming water. Rise in adoption of water treatment chemicals is anticipated to keep the market prospects upbeat.

Global Bromine Market: Competitive Analysis

The report includes Porter’s Five Forces Model to determine the degree of competition in the bromine market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and regions have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for bromine market between 2017 and 2025.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Israel Chemical Ltd. (ICL), Albemarle Corporation, Jordan Bromine Company Limited, and Gulf Resources Inc. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

Global Bromine Market: Research Methodology

Secondary research sources that were typically referred to include, but were not limited to, U.S. Geological Survey, British Geological Survey, World Mining Congress, U.N. Comtrade, Industrial Minerals, company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

The global bromine market has been segmented as follows:

Bromine Market – Application Analysis

  • Flame Retardants
  • Drilling Fluids
  • Biocides
  • Catalysts
  • Water Treatment
  • Others

Bromine Market – Regional Analysis

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • U.K.
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa


 
 
Back To Top