Bromine Derivatives Market (By Product: Brominated Polystyrene, Tetrabromobisphenol A, Calcium Bromide, Sodium Bromide, Zinc Bromide, Hydrobromic Acid, Decabromodiphenyl Ethane (DBDPE), Others; By Application: Flame Retardants, Organic Intermediates, Oil & gas, Biocides, PTA Synthesis, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : Chemicals and Materials | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global bromine derivatives market is foreseen to develop with 4.2% CAGR during the forecast period and market size is expected to approximately USD 5.1 billion by 2026.

Market Dynamics

Rise in use of bromine in controlling mercury discharges and upsurge sought after for halogenated fire retardants have prodded the development of the market. Thriving end-use businesses, for example, electronics, pharmaceuticals, and agriculture, alongside developing construction activities in the Middle East and Asia Pacific, is relied upon to give a boost to the development of the market.

Asia Pacific rose as one of the biggest purchasers of bromine derivatives by volume and the demand is assessed to become quickly over the forecast period. Rising utilization in China and India alongside developing assembling exercises is foreseen to drive the market amid the forecast period.

Market Insights

Expanding establishments of fire resistant hardware gadgets in the car part are giving a fillip to the market. Brazil, Mexico, U.S., China, Saudi Arabia, Russia, and Norway have expanded their oil and gas investigation exercises. In such exercises, calcium bromide (CaBr) and Sodium Bromide (NaBr) are utilized as penetrating liquid for extraction of oil based commodities. Along these lines, the trend will stir the development of the market.

Raw material providers, product makers, and end clients are the piece of significant worth chain of the bromine subsidiaries market. Major manufacturing players in the bromine subordinates market incorporate Lanxess, Albemarle Corporation, Chemtura Corporation, Gulf Resources, Israel Chemicals Ltd., Perekop Bromine, Sanofi S.A., Albemarle Corporation, and Tata Chemicals. To lessen time and costs engaged with supply of materials, manufacturing facilities of raw material makers are situated in nearness to bromine stores.

Hydrobromic acid and calcium bromide are two key subordinates of bromine. Hydrobromic acid is utilized in the assembling of inorganic products, for example, sodium, zinc, and potassium bromides. Diatomic atom of hydrogen bromide is broken up in watery water to set up the acid.

Market Segmentation

Market By Product

  • Brominated Polystyrene
  • Tetrabromobisphenol A
  • Calcium Bromide
  • Sodium Bromide
  • Zinc Bromide
  • Hydrobromic Acid
  • Decabromodiphenyl Ethane (DBDPE)
  • Others

Market By Application

  • Flame Retardants
  • Organic Intermediates
  • Oil & gas
  • Biocides
  • PTA Synthesis
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

North America represented a major market chunk in 2018. The region is one of the significant makers of flammable gas and has likewise been watching unfaltering development in the generation of shale gas, which thus is raising the development of the market. Another key factor stirring the development of the market in North America is sizable outside speculations made by global organizations. For example, in July 2018, Lanxess reported various venture extension designs over the district by 2022, which likewise incorporates a speculation of USD 60 million in the worldwide bromine store site.

Asia Pacific is possible to signify over half of the complete revenue by 2026. It is likewise expected to be the quickest developing region regarding an incentive just as volume during the forecast. Numerous organizations have full-scale tasks in Asia Pacific and few organizations, for example, Tosoh Corporation and Lanxess put intensely in research and advancement exercises that have prompted enhanced product quality in the region.

Market Participants

Tata Chemicals, Albemarle Corporation, Sanofi S.A., Lanxess, Chemtura Corporation, Albemarle Corporation, Gulf Resources, Israel Chemicals Ltd., and Perekop Bromine are the key playerspresent in the global bromine derivatives market.


Related Reports

Lignin Market (By Product: Ligno-sulphonates, Organosolv Lignin, Kraft Lignin, Others; By Application: Macromolecules, Aromatics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global lignin market value is expected to reach around US$ 907.1 million by 2026 and forecasted to grow at a CAGR of 2% over the time frame 2019 to 2026. The report provides analysis of global lignin market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights The worldwide lignin industry is evolving at a good pace, with a favorable develop

Graphene Market (By Product: Graphene nanoplatelets, Graphene oxide, Others; By Application: Electronics, Composites, Energy, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global graphene market is forecasted to grow at a CAGR around 38.2% over the forecast time frame 2019 to 2026 and reach around US$ 552.6 million by 2026. The report provides analysis of global Graphene market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Increasing demand for lightweight and durable products for different parts, incl

Acetic Acid Market (By Manufacturing Process: Synthetic route{ Methanol carbonylation, Terephthalic/isophthalic acid coproduct, Paraffin oxidation, Oxidation of hydrocarbons, Olefin oxidation}, Biological route; By Application: Vinyl acetate monomer, Monochloroacetic, Acetic anhydride, Terephthalic acid, Acetate esters, Dimethylacetamide, Ketene, Textiles, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global acetic acid market size is expected to worth around US$ 16.4 billion by 2026 and forecasted to grow at striking CAGR around 6.2% over the forecast time frame 2019 to 2026, According to Acumen Research and Consulting. The report provides analysis of global acetic acid market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Also re

Hydrogen Peroxide Market (By End User: Mining, Chemical, Paper & pulp, Wastewater Treatment and Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global hydrogen peroxide market size is expected to reach around US$ 6.3 billion by 2026 and forecasted to grow at a CAGR of 5.2 % over forecast period 2019 to 2026. Hydrogen peroxide or H2O2 was identified in 1818 as a chemical compound. It is a transparent liquid that is used mainly in diverse sectors because of its superior bleaching properties. This chemical compound is marginally more viscous than wate

Chondroitin Sulfate Market (By Source: Bovine, Swine, Poultry, Shark, Synthetic; By Application: Dietary Supplements, Pharmaceutical, Cosmetics, Veterinary Use) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global chondroitin sulfate market size is anticipated to worth around US$ 1.5 billion by 2026 and growing at a CAGR of 3.3 % over the forecast time period 2019 to 2026. Chondroitin sulfate is also regarded as glycosaminoglycan sulfated glucose (GAG). Chondroitin sulfate comprises a large alternating sugar chain including glucuronic acid and N-acetylgalactosamine. Chondroitin sulfate is a chemical compound d

Biological Seed Treatment Market (By Product: Microbials, Botanicals and Others; By Function: Seed Enhancement, Seed Protection; By Crop Type: Vegetable Crops, Wheat, Corn, Soybean, Sunflower, Cotton, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction According to Acumen Research and Consulting, the global biological seed treatment market size is expected to worth around US$ 2 billion by 2026 and to grow at striking CAGR around 11.2 % from 2019 to 2026. The report provides analysis of global Biological Seed Treatment market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Ins

Cart Summary