Monday, July 8, 2024

Global Bromine Market Size, Growth Rate, Industry opportunities 2024-2030

 On 2024-7-8, the latest report 【Global Bromine Market 2024 by Manufacturers, Regions, Types and Applications, Forecast to 2030】from Global Info Research provides a detailed and comprehensive analysis of the global Bromine market. The report provides both quantitative and qualitative analysis by manufacturers, regions and countries, types and applications. As the market is constantly changing, this report explores market competition, supply and demand trends, and key factors that are causing many market demand changes. The report also provides company profiles and product examples of some of the competitors, as well as market share estimates for some of the leading players in 2024.

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https://www.globalinforesearch.com/reports/1690562/bromine

According to our (Global Info Research) latest study, the global Bromine market size was valued at USD 2028.8 million in 2023 and is forecast to a readjusted size of USD 2522.1 million by 2030 with a CAGR of 3.2% during review period.


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.
The Global Info Research report includes an overview of the development of the Bromine industry chain, the market status of Flame Retardants (Dead Sea Brine, Brine Wells), Biocides (Dead Sea Brine, Brine Wells), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bromine.


Regionally, the report analyzes the Bromine markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bromine market, with robust domestic demand, supportive policies, and a strong manufacturing base.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approval.

Bromine market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type: Dead Sea Brine、Brine Wells、Others

Market segment by Application:Flame Retardants、Biocides、Drilling Fluids、Chemical Intermediate、Water Treatment、Others

Major players covered: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

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Bromine product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Bromine, with price, sales quantity, revenue, and global market share of Bromine from 2019 to 2024.

Chapter 3, the Bromine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Bromine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment Bromine the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the Bromine sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Bromine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Bromine.

Chapter 14 and 15, to describe Bromine sales channel, distributors, customers, research findings and conclusion.

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Bromine

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

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