The global Bromine & Derivatives market was valued at 4619.72 Million USD in 2021 and will grow with a CAGR of 2.4% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.The Bromine derivatives are the chemical which chemical functional groups are replaced by the Bromine. In the recent years, bromine and derivatives capacity showed a trend of steady growth. At present, the major manufacturers of bromine are concentrated in ICL, Albemarle and Lanxess. ICL is the world`s largest bromine and derivatives producer. ICL`s sales in 2019 is 321.58 K MT, accounting for 30% of the global share.

By Market Verdors:

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

Haihua Group

Tata Chemicals

Gulf Resources

Tetra Technologies

By Types:

Bromide

Bromine Derivatives

By Applications:

Flame Retardants

Biocides

Drilling Fluids

Chemical Intermediate

Water Treatment

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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