Global Bromine Market Size, Trends, and Forecast 2019

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In this report, the Global Bromine Market Size, Trends, and Forecast 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Bromine Market Size, Trends, and Forecast 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.

The global Bromine market is valued at 1960 million US$ in 2018 is expected to reach 2430 million US$ by the end of 2025, growing at a CAGR of 2.7% during 2019-2025.

This report focuses on Bromine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bromine market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

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

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Seawater Method

Brine Water Method

Segment by Application

Flame Retardants

Biocides

Drilling Fluids

Chemical Intermediate

Water Treatment

Others

Browse full research report at https://www.crystalmarketreport.com/global-bromine-market-size-trends-and-forecast-2019

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