Bromine Market |Trends, Size, Top 10 Key Players & Forecast to 2023

Posted by Priya on April 24th, 2018

Market Synopsis of Bromine Market

The global bromine market has seen a tremendous growth over the past decade and it has been experienced that the demand for bromine will keep on increasing owing to its rising use in variety of application areas. Bromine is broadly used as a flame retardant which has made the product very demandable. Industries such as agricultural, oil & gas, pharmaceuticals, chemicals are extensively using bromine for their products.

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Bromines are added to plastic casings for electronics and textiles and furniture foam just to make them less flammable which is one of the major growth driver. Additionally, recycling of bromine is one of the major trend in the global market. Bromine is mostly extracted from the Dead Sea.

Key Players

The leading market players in the global bromine market include Chemtura Corporation, Albemarle Corporation, Wuhan Golden Fortune Technology & Trade Co, Tata Chemicals, Honeywell International, Tetra Technologies, AquaChina Chemical, Jordan Bromine Company, Tosoh Corporation, Sanofi and others.

Segmentation

As per MRFR analysis, the global bromine market has been segmented into:

·          By Application: Flame retardant, Gasoline additive, Pesticide, Medical and veterinary use and others.

·          By End-User: Oil & Gas, agricultural, pharmaceuticals, Fire Safety, water treatment and others.

Regional Analysis

The global bromine market is poised to reach $XX billion in 2015 from $XX billion in 2021, with a CAGR of XX% during the forecasted period.

The report for Global Bromine Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.