Global Bromine Market (2021 to 2026)

DublinAnd November 10, 2021 /PRNewswire/ – file Bromine Market by Derivatives (Organic, Brine Liquids, Hydrogen Bromide), Application (Flame Retardants, Oil and Gas Drilling, PTA Synthesis, Water Treatment and Biocides, HBR Flow Batteries) and Region – Global Outlook to 2026 Report added to ResearchAndMarkets.com an offer.

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The bromine market is expected to grow from 3.3 billion USD In 2021 to 4.1 billion US dollars By 2026, at a compound annual growth rate of 4.5% from 2021 to 2026.

The increasing demand for bromine in flame retardants, mercury emission control, water treatment and biocides, oil and gas drilling, and PTA synthesis, is expected to drive the bromine market.

The flame retardant applications segment is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period.

Depending on the application, the flame retardant applications segment is expected to grow at the highest CARG rate during the forecast period. Brominated flame retardants (BFRs) are bromine-containing compounds that are added to materials to inhibit or reduce combustion. BFRs are more widely used than other commercial chemical flame retardants. Examples of BFRs include BFRs, PBDEs, PBBs, and cyclobrominated hydrocarbons. The growing demand from the electronics and automotive industries (due to strict fire safety regulations) and the expansion of the shipbuilding industries are driving the market for flame retardants worldwide.

The net brine derivatives segment is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period.

Based on the derivative, the brine liquids segments are expected to grow at the highest compound annual growth rate (CAGR) during the forecast period. The brine liquid is a thick solution of calcium bromide (CaBr2), sodium bromide (NaBr), and zinc bromide (ZnBr2) in saline. Mainly used in well penetration to drill oil and natural gas. Calcium bromide and zinc bromide solutions are used to inhibit shale and drilling salt formations. Brine fluids are used in refrigeration facilities to transfer thermal energy. Rapidly growing demand for brine fluids in regions such as Asia Pacific And North Amarica It can be attributed to the increase in shale gas recovery operations in China & the United States, which represents large reserves of shale gas. This is expected to fuel drilling and exploration activities in this area, thus promoting bromine growth.

Asia Pacific The highest compound annual growth rate (CAGR) in the bromine market is expected to grow during the forecast period.

Asia Pacific The bromine market is expected to grow at the highest CAGR from 2021 to 2026. The bromine market in Asia Pacific It has seen growth in the past few years, due to the countries’ growing economies and increased consumption of bromine in key industries, such as electronics, oil and gas, agriculture, automobiles, and construction. The significant development in infrastructure and the increasing demand for flame retardants in automotive, construction and insulation is expected to drive the bromine market in this region. Southeast Asia, Including IndonesiaAnd MalaysiaAnd Thailand, And VietnamIt is also a rapidly growing market for bromine. The demand for bromine in brominated flame retardants has been increasing since the past few years, outstripping the supply of bromine.

Main topics covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 distinct visions
4.1 Attractive opportunities in the global bromine market
4.2 Market for bromine by derivative
4.3 Asia Pacific Bromine Market, by Application and Country
4.4 Bromine Market: Major Countries

5 Market Overview
5.1 Introduction
5.2 Market dynamics
5.2.1 Drivers
5.2.1.1 Increasing use of bromine compounds to mitigate mercury emissions
5.2.1.2 Increasing demand for flame retardants in the electronics, consumer goods and textile industries
5.2.1.3 Consumption of bromine and its derivatives in various applications
5.2.1.4 Increased use of bromine as a disinfectant due to the COVID-19 pandemic
5.2.2 Limitations
5.2.2.1 Toxic effects of brominated compounds
5.2.2.2 Appearance of non-halogenated flame retardants
5.2.3 Opportunities
5.2.3.1 Bromine recycling
5.2.3.2 Increased use of hydrogen bromide in flow batteries
5.2.4 Challenges
5.2.4.1 Significant fluctuations in oil and gas prices due to the COVID-19 pandemic
5.3 Porter’s Five Forces Analysis
5.3.1 Suppliers’ Bargaining Power
5.3.2 The threat of new arrivals
5.3.3 Threat of Alternatives
5.3.4 Bargaining power of buyers
5.3.5 Intensity of competition

6 industry trends
6.1 Launch strategies for different product sizes while assessing potential market reaction
6.1.1 Release strategies for different product sizes of bromine
6.1.2 Market reaction to the disturbance in the equilibrium supply and demand for bromine
6.1.2.1 Bromine oversupply scenario: Excess bromine production could lead to lower prices
6.1.2.2 bromine supply crisis scenario: facility closure in China Caused price hike in bromine in 2018
6.1.2.3 Bromine Supply Crisis Scenario: The COVID-19 pandemic is causing a bromine supply crisis resulting in price volatility in 2020
6.2 Brominated flame retardants: an overview
6.2.1 Introduction
6.2.2 Brominated flame retardants
6.3 Value Chain Analysis
6.3.1 Notable Companies
6.3.2 Small and medium-sized enterprises
6.4 Trends / Disruptions Affecting Client’s Business
6.5 Bromine Market Ecosystem
6.6 Patent Analysis
6.6.1 Introduction
6.6.2 Document Type
6.6.3 Insight
6.6.4 Jurisdictional Analysis
6.6.5 Senior Applicants and Owners
6.7 Technology Analysis
6.8 Average Selling Price Trends
6.9 Organizational landscape
6.10 Analysis of the impact of COVID-19
6.10.1 Health assessment for COVID-19
6.10.2 Impact of COVID-19 on the bromine market

7 bromine market, through derivatives
7.1 Introduction
7.2 Organic Bromine
7.2.1 The organobromine-derived fraction accounts for the largest market share
7.2.1.1 Effect of COVID-19 on the organobromine fraction
7.3 pure brine liquids
7.3.1 Brine Fluids is expected to be the fastest growing derivatives segment in the global bromine market
7.3.1.1 Impact of COVID-19 on saline fluids
7.4 Hydrogen Bromide (Hbr)
7.4.1 Growth in the chemical, plastic and pharmaceutical industries is expected to drive the Hbr . derivatives sector
7.4.1.1 Impact of COVID-19 on Hydrogen Bromide

8 Bromine market through the application
8.1 Introduction
8.2 Flame retardant
8.2.1 Flame retardants is the largest application segment in the bromine market
8.2.1.1 Effect of COVID-19 on flame retardants
8.3 Water treatment and biocides
8.3.1 Water treatment is the fourth largest application segment in the global bromine market
8.3.1.1 Impact of COVID-19 on water treatment and biocides
8.4 Control of mercury emissions
8.4.1 Mercury emission control to be one of the fastest growing application segments in the bromine market
8.4.1.1 Impact of COVID-19 on Mercury Emission Control
8.5 Oil and Gas Drilling
8.5.1 Oil and gas drilling has captured the second largest share in the global bromine market
8.5.1.1 Impact of COVID-19 on Oil and Gas Drilling
8.6 Hbr . Flow Batteries
8.6.1 Increasing demand in Asian countries, such as China And Japan, to lead the part
8.6.1.1 Impact of COVID-19 on Hbr . Flow Batteries
8.7 Synthesis of Pta
8.7.1 Pta synthesis was the third largest applied segment in the global bromine market
8.7.1.1 Impact of COVID-19 on Pta . synthesis
8.8 Pesticides
8.8.1 Increasing demand from countries like China And India To drive the bromine market in pesticide applications
8.8.1.1 Impact of COVID-19 on Pesticides
8.9 Plasma engraving
8.9.1 Plasma etching is among the fastest growing application segments in the global bromine market
8.9.1.1 Impact of COVID-19 on Plasma Engraving
8.10 Medicines
8.10.1 High Demand for Manufacturing Chemical Compounds and Pharmaceutical Formulations Drives the Market
8.10.1.1 Impact of COVID-19 on Pharmaceuticals
8.11 Butyl rubber
8.11.1 Favorable chemical and physical properties maximize the use of bromine in the production of butyl rubber
8.11.1.1 Impact of COVID-19 on Butyl Rubber
8.12 other
8.12.1 Impact of COVID-19 on other applications

9 Al Broom Market, by region

10 competitive scene
10.1 Overview
10.2 Key Player Strategies
10.3 Revenue Analysis
10.3.1 Revenue Analysis of Top Bromine Market Players
10.4 Market Share Analysis: Bromine Market (2020)
10.5 Competitive Landscape Mapping, 2020
10.5.1 stars
10.5.2 Emerging Leaders
10.5.3 Widespread
10.5.4 Participants
10.6 Product portfolio strength
10.7 Excellence in Business Strategy
10.8 SME Matrix, 2020
10.8.1 Progressive Companies
10.8.2 Dynamic Companies
10.8.3 Responsive Companies
10.8.4 Starting blocks
10.9 Major Market Developments

11 Company Profiles
11.1 The main players
11.1.1 Icl Group Limited
11.1.2 Albemarle Corporation
11.1.3 Lanxess Ag
11.1.4 Tosoh . Company
11.1.5 Gulf Resources Company Limited
11.1.6 Tetra Technologies, Inc.
11.1.7 TATA CHEMICAL COMPANY LIMITED
11.1.8 Hindustan Salts Limited
11.1.9 Honeywell International Inc.
11.1.10 Perkop Bromine
11.1.11 Satyesh Brinechem Pvt. Ltd.
11.2 Small and medium-sized enterprise operators
11.2.1 Solaris Chemtech Industries Co., Ltd.
11.2.2 Aquachina Chemical (Wuhan) Co., Ltd.
11.2.3 Morre-Tec Industries Inc.
11.2.4 Shandong Yuyuan Group Co., Ltd.
11.2.5 Shandong Haiwang Chemical Co., Ltd.
11.2.6 Shandong Haihua Group Co., Ltd.
11.2.7 Shandong Ocean Chemical Co., Ltd.
11.2.8 Shandong Weifang Longwei Industrial Co., Ltd.
11.2.9 Shandong Runke Chemical Engineering Co., Ltd.
11.2.10 drove chem industries
11.2.11 Shandong Lubei Chemical Co., Ltd.
11.2.12 Shandong Dadi Salt Chemical Group Co., Ltd.
11.2.13 Shandong Haoyuan . Group
11.2.14 Chemcon Specialty Chemicals Ltd.
11.2.15 Sangfroid Chemicals Pvt. Ltd.

Appendix 12

For more information about this report visit https://www.researchandmarkets.com/r/ge5qhr

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