Press release

Bromine Market Share, Size, Segments, Demand, Application, Trends, Global Growth Analysis by Forecast to 2023

Bromine Market Share, Size, Segments, Demand, Application, Trends, Global Growth Analysis by Forecast to 2023

 

 
Bromine Market Overview:
Governments across the globe are focusing on the fire safety in industrial environments. Such safety concerns are resulted into government regulations and guidelines for various end use industries. With the growth of such industries, which include automotive, construction, electrical & electronics, bromine demand in flame retardant application is growing at faster pace.
Increasing fire safety regulations in various industries is estimated to be the most prominent driving factor for the global bromine market. Large part of bromine that is produced annually is consumed for the flame-retardant application. In 2018, around 46% of the overall bromine produced was consumed for flame retardant application.

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Bromine Market Segmental Analysis:
The global bromine market is segmented into derivatives, application, and end-user industry. On the basis of the derivatives, the market is segregated into organobromines, clear brine fluid, hydrogen bromides, others. The market by the application is further categorized into flame retardants, mercury emission control, oil and gas drilling, BHR flow batteries, water treatment, pesticides, and others. On the basis of the end use industry, the market is segregated into oil & gas, automotive, agriculture, pharmaceuticals, cosmetics, textiles, and others.

Bromine Market Key Players:
Albemarle Corporation (U.S.), Chemtura Corporation (U.S.), Tosoh Corporation (Japan), Gulf Resources Inc. (China), Tata Chemicals Limited (India), Israel Chemicals Limited (Israel), Jordan Bromine Company Limited (Jordan), Tetra Technologies Inc. (U.S.), and Hindustan Salts Limited (India).

Bromine Market 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.

Bromine Market Table of Content:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Bromine Market

Bromine Market Table of Content to be Continue…...,

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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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