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Bromine & Derivatives Market, Global Outlook and Forecast 2023-2029

Bromine & Derivatives Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :111
  • Report Code:SMR-7627117

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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for Bromine & Derivatives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bromine & Derivatives. This report contains market size and forecasts of Bromine & Derivatives in global, including the following market information:

  • Global Bromine & Derivatives Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Bromine & Derivatives Market Sales, 2018-2023, 2024-2029, (Kilo MT)
  • Global top five Bromine & Derivatives companies in 2022 (%)

The global Bromine & Derivatives market was valued at US$ 5196.9 million in 2022 and is projected to reach US$ 6132.3 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is the largest producer, accounting for 30% of the global share.
We surveyed the Bromine & Derivatives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bromine & Derivatives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Bromine & Derivatives Market Segment Percentages, by Type, 2022 (%)

  • Bromide
  • Bromine Derivatives

Global Bromine & Derivatives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Bromine & Derivatives Market Segment Percentages, by Application, 2022 (%)

  • Flame Retardants
  • Biocides
  • Drilling Fluids
  • Chemical Intermediate
  • Water Treatment
  • Others

Global Bromine & Derivatives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kilo MT)
Global Bromine & Derivatives Market Segment Percentages, By Region and Country, 2022 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bromine & Derivatives revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bromine & Derivatives revenues share in global market, 2022 (%)
Key companies Bromine & Derivatives sales in global market, 2018-2023 (Estimated), (Kilo MT)
Key companies Bromine & Derivatives sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

  • 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

Outline of Major Chapters:

  • Chapter 1: Introduces the definition of Bromine & Derivatives, market overview.
  • Chapter 2: Global Bromine & Derivatives market size in revenue and volume.
  • Chapter 3: Detailed analysis of Bromine & Derivatives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Bromine & Derivatives in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Bromine & Derivatives capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.