Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery.
In the recent years, bromine capacity showed a trend of steady growth. At present, the major manufacturers of bromine are concentrated in ICL, Albemarle and Chemtura Corporation. ICL-IP is the world's largest bromine producer having access to the largest and richest bromine reserves at the Dead-Sea. China is the largest producer and consumers in Asian.
Regionally, Middle East the major world producer of Bromine, followed by USA. Leading supplier in Middle East are ICL and Jordan Bromine Company (JBC). Albemarle and Chemtura Corporation are only two suppliers from USA.
Apart from dead sea, recovery of Bromine form brine well is mainly done in US, China mainly extract from underground water, while India mainly extract from lake.
Still the largest end-use for bromine compounds, flame retardants account for 40.37% of world bromine consumption in 2017. Other promising new sectors for bromine include swimming pool disinfectants, industrial water treatment, air conditioning absorption systems and precious metal leaching. About 31.77% of bromine is consumed in the US, with 9.00% in Europe and 31.77% in Middle East. Flame retardant agent is usually produced close with bromine.
Global Bromine market size will increase to 2430 Million US$ by 2025, from 1960 Million US$ in 2018, at a CAGR of 2.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Bromine.
This report researches the worldwide Bromine market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Bromine breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ICL
Albemarle
Chemtura Corporation
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Haihua Group
Haoyuan Group
Dadi Salt Chemical Group
Longwei Industrial
Chengyuan Salt Chemical
Weifang Zhongfa Chemical
Lubei Chemical
Runke Chemical
Bromine Breakdown Data by Type
Seawater Method
Brine Water Method
Bromine Breakdown Data by Application
Flame Retardants
Biocides
Drilling Fluids
Chemical Intermediate
Water Treatment
Others
Bromine Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Bromine Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Bromine capacity, production, value, consumption, status and forecast;
To focus on the key Bromine manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Bromine :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Bromine . Industry analysis & Market Report on Bromine is a syndicated market report, published as Global Bromine Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Bromine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.