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Bromine Derivatives - Global Market Outlook (2018-2027)

Bromine Derivatives - Global Market Outlook (2018-2027)

4.3 (63 reviews)
Published: November 2019 ID: SMRC18664
4.3 (63 reviews)
Published: November 2019 ID: SMRC18664

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Bromine Derivatives Market is accounted for $3.85 billion in 2018 and is expected to reach $6.63 billion by 2027 growing at a CAGR of 6.2% during the forecast period. Rising adoption of hydraulic fracturing and horizontal drilling techniques and high demand for halogenated flame retardants are the major factors driving the market growth. However, the ban on the usage of brominated flame retardant by the government is restraining the market growth.

Bromine is a natural element found in underground wells, lakes, and oceans. This element is geographically distributed around the world, with the Dead Sea having the highest concentration of bromine. Bromine derivatives are widely utilized as catalysts and reactants for manufacturing several types of products like water disinfectants, dyes, flame retardants, agrochemicals, pharmaceutical intermediates, completion fluids, and biocides, among others.

Based on the derivative, the zinc bromide segment is likely to have a huge demand. Zinc bromide (ZnBr2) is a colorless salt that has many properties in common with zinc chloride (ZnCl2). It is used as a transparent shield against radiation. ZnBr2 is used as an electrolyte in zinc bromide batteries that are rechargeable. By geography, North America is going to have a lucrative growth during the forecast period because the region is one of the crucial producers of natural gas and has also been observing steady growth in the production of shale gas.

Some of the key players profiled in the Bromine Derivatives Market include Tosoh Corporation, TETRA Technologies, Inc., Tata Chemicals Limited, Solaris Chemtech, Shandong Yuyuan Group Co., Ltd., Shandong Haiwang Chemical Co., Ltd., Sanofi Sa, Perekop Bromine, Morre-Tec Industries Inc., LANXESS Corporation, Israel Chemicals Ltd., Honeywell International Inc., Hindustan Salts Limited, Gulf Resources Inc., Dhruv Chem Industries, Aquachina Chemicals, Albemarle Corporation, and Agrocel Industries Limited.
  
End Users Covered:
• Construction 
• Chemical 
• Oil & Gas 
• Pharmaceuticals 
• Electrical & Electronics 
• Agriculture 
• Paper & Textiles 
• Personal Care 
• Other End Users    

Applications Covered:
• Elastomers  
• Flame Retardants  
• Organic Intermediates  
• Purified Terephthalic Acid (PTA) Synthesis  
• Biocides  
• Mercury Emission Control  
• Water Treatment & Management  
• Clear Brine Fluids  
• Industrial  
• Fumigants  
• Pesticides  
• Hydrogen/Bromine (HBr) Flow Batteries  
• Plasma Etching  
• Other Applications        

Derivatives Covered:
• Calcium Bromide  
• Tetrabromobisphenol A (TBBPA)  
• Brominated Polystyrene  
• Hydrobromic Acid  
• Sodium Bromide  
• Decabromodiphenyl Ethane (DBDPE)  
• Zinc Bromide  
• Potassium Bromide   
• Ethylene Dibromide  
• Methyl Bromide  
• Octabromodiphenyl Oxide  
• Hydrogen Bromide (HBR)    

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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