Bromine Derivatives Market Trends SWOT Analysis, Key Indicators, Forecast 2027Posted by asmita rai on May 11th, 2021 Bromine Derivatives industry Analysis The Global Bromine Derivatives Market is expected to register a CAGR of 4.41% during the review period. Bromine is found in high concentration in seawater, salt lakes, and underground brines. Bromine derivatives find use in numerous applications such as electronics, construction, chemicals, water treatment, and oil & gas, among others. The global demand for bromine derivatives is primarily driven by widespread use as a flame retardant in numerous electronics products and construction applications. The use of bromine-based products has increased in controlling mercury emissions from coal-fired power plants and industrial boilers. On the basis of product type, the global market has been classified into calcium bromide, sodium bromide, zinc bromide, hydrogen bromide, decabromodiphenyl ethane (DBDPE), tetrabromobisphenol A (TBBPA), and others. Zinc and calcium bromides are widely used in the production of non-damaging fluid with densities ranging from 15.1 lb/gal to 19.2 lb/gal and 11.7 lb/gal to 15.1 lb/gal, respectively. Both zinc bromide and calcium bromide possess thermal and chemical stability and can also be blended with other solutions containing bromides and chloride. Sodium bromide is used in numerous applications including oilfield, water treatment, pulp & paper, and pharmaceuticals. Decabromodiphenyl ethane (DBDPE) and Tetrabromobisphenol A (TBBPA) are used as bromine flame retardants in the electrical & electronics and construction industries. Top Key Players Some of the key players operating in the Bromine Derivatives Market Trends are Albemarle Corporation (US), Tosoh Corporation (Japan), PACIFIC ORGANICS PVT Ltd (India), BEACON ORGANOSYS (India), Honeywell International Inc. (US), APK (India), LANXESS (Germany), TETRA Technologies, Inc. (US), ICL (Israel), and Neogen Chemical Limited (India).
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