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.
Global Bromine key players include ICL, Albemarle, Lanxess (Chemtura Corporation), etc. Global top three manufacturers hold a share over 60%.
Middle East is the largest market, with a share about 50%, followed by China, and North America, both have a share over 35 percent.
In terms of product, Dead Sea Brine is the largest segment, with a share over 50%. And in terms of application, the largest application is Flame Retardants, followed by Chemical Intermediate, etc.
Market Analysis and Insights: Global Bromine Market
In 2020, the global Bromine market size was US$ 1954.1 million and it is expected to reach US$ 2080.6 million by the end of 2027, with a CAGR of 0.9% during 2021-2027.
Global Bromine Scope and Market Size
Bromine market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Bromine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Bromine market is segmented into
Dead Sea Brine
Brine Wells
Others
Segment by Application, the Bromine market is segmented into
Flame Retardants
Biocides
Drilling Fluids
Chemical Intermediate
Water Treatment
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Bromine market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Bromine product introduction, recent developments, Bromine sales by region, type, application and by sales channel.
The major companies include:
ICL
Albemarle
Lanxess
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Dadi Salt Chemical Group
Chengyuan Salt Chemical
Lubei Chemical
Runke Chemical
Global Bromine key players include ICL, Albemarle, Lanxess (Chemtura Corporation), etc. Global top three manufacturers hold a share over 60%.
Middle East is the largest market, with a share about 50%, followed by China, and North America, both have a share over 35 percent.
In terms of product, Dead Sea Brine is the largest segment, with a share over 50%. And in terms of application, the largest application is Flame Retardants, followed by Chemical Intermediate, etc.
Market Analysis and Insights: Global Bromine Market
In 2020, the global Bromine market size was US$ 1954.1 million and it is expected to reach US$ 2080.6 million by the end of 2027, with a CAGR of 0.9% during 2021-2027.
Global Bromine Scope and Market Size
Bromine market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Bromine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Bromine market is segmented into
Dead Sea Brine
Brine Wells
Others
Segment by Application, the Bromine market is segmented into
Flame Retardants
Biocides
Drilling Fluids
Chemical Intermediate
Water Treatment
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Bromine Market Share AnalysisBromine market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Bromine product introduction, recent developments, Bromine sales by region, type, application and by sales channel.
The major companies include:
ICL
Albemarle
Lanxess
Jordan Bromine Company (JBC)
Tosoh
Solaris Chemtech (SCIL)
Perekop Bromine
Yuyuan Group
Haiwang Chemical
Dadi Salt Chemical Group
Chengyuan Salt Chemical
Lubei Chemical
Runke Chemical
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.