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Global Bromine Market Size, Growth, Industry Trends Forecasts 2025

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Global Bromine Market trends estimates high demand in the coming years. The bromine report delivers information of market size (volume and value), and the segment markets by regions, types, major drivers, trends, demand, challenges, applications, an
Adroit Market Research
Global Bromine Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
2018
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Global Bromine Market Size, Status and Forecast 2018-2025
• The Global Bromine Market value was accounted for USD XXX Billion in 2017 and is predicted to reach USD XXX Billion in
the forecast period. The growth is predicted to be at a CAGR of XX % during the forecast period. Bromine is an extremely
explosive and corrosive element, it is a red brown liquid at room temperature and readily evaporates to form metals when
in contact with great pressures. Also, it is similar to halogen having features similar to both chlorine and iodine. Bromine is
a crystalline mineral halide salt and is present in various categories of organ bromine compounds, hydrogen bromide,
bromine fluids, and others. Bromine is a natural element that can be easily found in sea, lakes, and underground wells.
Dead-sea is the richest resource to find bromine.
• Bromine and its byproducts are more and more being popularly used in reducing the mercury discharge from smokestacks
of coal-fired plants that is hazardous to humans. Actually, many governments have regulations to arrest/punish
responsible for mercury emission. This as a result has caused a boost to the global bromine market. Besides, bromine is
similarly used in water treatment – be it industrial water treatment or commercial water purification or residential. This is
another factor driving the growth of global bromine industry.
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Global Bromine Market Size, Status and Forecast 2018-2025
• Bromine industry is impacted negatively, due to the point that bromine is a dangerous waste. The process of disposal has to
be very careful with minimum damage to the surroundings. Also, the vapor produced by bromine is highly corrosive which
aggravates in the presence of moisture due to the acids formed. An important factor for Bromine is to keep it dry during
transportation and storage.
• The Bromine market size can be segmented on the basis of applications, end-user industry, and geography. On the basis of
applications bromine market is segmented as drilling fluids, flame retardants, catalysts, biocides, water treatment and many
others. Flame retardants hold the major bromine market share, owing to its wide use in range of products plastics, textiles,
and electrical equipment. Bromine is also used as clear brine fluids for use in drilling fluids. By end-use industry, bromine
market is divided into chemicals, oil and gas, pharmaceuticals, electronics and textiles and so on. The chemical segment is
the highest contributor in the industry and is expected to show a linear growth during the forecast period. Growth in the oil
and gas industry is expected due to the growing demand for clear brine fluids for oil and gas drilling. However, the
electronics segment might experience some downfall due to government restrictions.
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Global Bromine Market Size, Status and Forecast 2018-2025
• On the basis of region, the global bromine industry is segmented into North America, Latin America, Europe, Asia Pacific
(APAC) and Middle East and Africa (MEA). Asia Pacific (APAC) is likely to be the fastest rising segment during the forecast
period. North America and Europe are mature markets for bromine and are tending towards partial use of brominated
flame retardants due to environmental regulations about its hazardous nature. Key players in the global bromine market are
Israel Chemical Ltd. (ICL), Gulf Resources Inc, lbemarle Corporation, and Jordan Bromine Company Limited.
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