123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Bromine Market Growth Rate, Production Volume And Future Opportunities From 2019-2023

Profile Picture
By Author: Market Research Future
Total Articles: 147
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Overview:

Bromine Market demand growth restricted by some of the negative factors. Some of the factors are ban on methyl bromide in pesticide application, owing to the toxic properties. Apart from flame retardant application, bromine is been used in wide range of applications. Bromine is also preferablly used in water treatment applications. Increasing regulation pertinent to water treatment is estimated to boost the market demand in various geographies.

Market Scenario and Growth Factors:

Conventional bromine applications include, oil & natural gas production, biocides, organic intermediates and others. Along with these applications, growing end-use industries namely personal care, cosmetics and pharmaceuticals is set to boost the bromine market demand over the forecast period. Relatively new bromine applications include, paper making, pesticides, and antibiotics. Growth of such new applications will further fuel the Global Bromine Market demand. Methyl bromide is considerwed as an ozone depleting agent and is subjected to phase out regulations from various governments. Additionally, brominated ...
... flame retardants are being replaced by its alternatives such as aluminium trihydroxide, and magnesium hydroxide. This factor has hampered the global bromine market growth

Global Leaders:

Some of the prominent players operating in the global Bromine Market are:

Israel Chemicals Limited (Israel),
Albemarle Corporation (U.S.),
Chemtura Corporation (U.S.),
Tosoh Corporation (Japan),
Tata Chemicals Ltd (India),
Gulf Resources Inc. (China),
TETRA Technologies, Inc. (U.S.),
Hindustan Salts Limited (India),
Honeywell International Inc. (U.S.),
Perekop bromine (Republic of Crimea).
Competitive Analysis:

Bromine producers are concentrated in very few countries. This is attributed to the access to the raw material resources available in few regions. Leading bromine manufacturers are situated in United States & China.

Industry/ Innovation/ Related News:

May 2015: Tosoh Corporation, Japan enetered into an sales agreement with Chemtura to sale it s polymer based brominated flame retardant product in Japan. This news highlights the growing demand of flame retardant in matured markets. Although, brominated flame reteradants are restricted in some of the markets, its demand is growing in major markets.

Jan 2017: Albemarle Corporation has announced the price hike by 5% for its bromine products. The company has raised the price in order to offset increased raw material price. This has underlined the manufacturers struggling to acess consistent and low price supply of raw materials

Regional Analysis:

Based on geography, global market is classified as North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. Among these regions, Asia Pacific is the largest producer aand consumer of bromine. This is attributed to the higher production and consumption bromine in China. China accounts more than 25% of the global bromine prodction. China also accounts for significant share in global bromine trade. It imports 25% of its bromine consumption. Countries namely, China, Israel, the United States, and japan cumulatively account for more than 95% of the global bromine production. Asia Pacific market is followed by North America, and Europe, respectively.

Access Report Details @ https://www.marketresearchfuture.com/reports/bromine-market-1500

Total Views: 337Word Count: 458See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Satellite Operations As A Service Market To Grow With A Cagr Of 13.3% From 2025 To 2031
Author: Lucintel LLC

2. Lucintel Forecasts The Global Satellite Operation As A Service Sale Market To Grow With A Cagr Of 13.5% From 2025 To 2031
Author: Lucintel LLC

3. Ticket Booking Api
Author: RishiHassan

4. Jewelry Photo Magic: Unveiling The Tricks Of Professional Editing
Author: ukclippingpath

5. How Outsourced Accounting Services Improve Cash Flow Visibility
Author: Harsh Vardhan

6. 5 Ways To Make Homes Safer For Seniors
Author: Jack Jones

7. اكتشفي أناقتك مع متجر عبايات: دليلك للتسوق المثالي
Author: Max

8. When Is Assisted Living Needed? 5 Signs To Watch Out For
Author: Jack Jones

9. How To Document Nonconformities In Iso 22000 Audits
Author: Jane

10. Elevate Your Career Opportunities With A Supply Chain Management Certification
Author: jayesh

11. Kpi Vs. Okr: Understanding The Difference For Smarter Goal Setting
Author: TrackHr App

12. Explore The Fascinating Businesses And Landmarks Found Along Luz Church Road
Author: jayesh

13. High Temperature Superconductors Market Size & Share, Analysis 2031
Author: Andy

14. Maximize Medical Practice Profits With Expert Revenue Cycle Management In Houston
Author: patriotmedbill

15. Enhancing Quality Of Life: The Role Of Senior Living Property Management Companies
Author: Trinity Diaz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: