+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Bromine Market Research Report: By Derivative, Application - Global Industry Analysis and Growth Forecast to 2030

  • ID: 5128883
  • Report
  • April 2020
  • Region: Global
  • 148 pages
  • Prescient & Strategic Intelligence Private Limited
1 of 4

FEATURED COMPANIES

  • Albemarle Corporation
  • Gulf Resources Inc.
  • Hindustan Salts Limited
  • Israel Chemicals Limited
  • LANXESS AG
  • Perekop Bromine
  • MORE
Mercury emissions cause a lot of problems, which is why need is being felt to reduce them. To achieve it, halogen (bromine) compounds are being mixed with powdered activated carbon (PAC) to reduce mercury emissions from industries and coal-based power plants. This oxidizes the mercury, which can reduce up to 90% of the emissions, when a flue-gas desulfurization (FGD) system is used.

Thus, with the rising consumption of bromine compounds to reduce mercury emissions, the global bromine market, which generated revenue of $1,864.3 million in 2019, would grow at a 5.7% CAGR during 2020 and 2030 (forecast period).

Clear Brine Fluids to Witness Fastest Growth during Forecast Period

The clear brine fluids category is expected to experience the fastest growth in the bromine market during the forecast period, at a CAGR of 6.4%. This is because of the heavy consumption of these fluids in the drilling activities for oil and gas, which are themselves rapidly rising.

Till 2030, the organobromide division would continue dominating the bromine market, on account of the wide application of such compounds in the manufacturing of pesticides, solvents, flame retardants, gasoline antiknock agents, intermediates for organic synthesis, catalysts, and fumigants. The organobromides used for these purposes include styrene bromide, dibromochloropropane, ethylene dibromide, propylene bromide, allyl bromide, and vinyl bromide.

Asia-Pacific (APAC) was the largest bromine market in 2019, and the situation will be the same in the coming years. This is attributed to the high-volume consumption and production of bromine and its derivatives, primarily in China. Further, the demand for bromine-based flame retardants is increasing for the manufacturing of insulation and plastic and electronic goods, in Japan, India, Thailand, and South Korea.

Increasing Production Capacity Characterizes Market Competition

Players in the bromine market are setting up new manufacturing plants to supply additional amounts of bromine as well as the numerous products derived from it. For instance, TrustCapital LLC announced plans to set up a production facility in Krasnokamsk, Russia, in March 2020. Once complete in the second quarter of 2020, it will manufacture 1,700 tons of sodium bromide every year.

Similarly, in November 2018, LANXESS AG collaborated with Canada-based Standard Lithium Ltd. to produce lithium for batteries. The brine produced at LANXESS’s El Dorado, Arkansas, plant also contains lithium.

The key global bromine market players are Gulf Resources Inc., Hindustan Salts Limited, LANXESS AG, Tosoh Corporation, Tetra Technologies Inc., Jordon Bromine Company Limited,Israel Chemicals Limited, Tata Chemicals Limited, Albemarle Corporation,and Perekop Bromine.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Albemarle Corporation
  • Gulf Resources Inc.
  • Hindustan Salts Limited
  • Israel Chemicals Limited
  • LANXESS AG
  • Perekop Bromine
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Derivative
1.3.2 Market Segmentation by Application
1.3.3 Market Segmentation by Geography
1.3.4 Analysis Period
1.3.5 Market Data Reporting Unit
1.3.5.1 Volume
1.3.5.2 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
2.6 Currency Conversion Rates
2.7 Notes & Caveats

Chapter 3. Executive Summary
3.1 Voice of Industry Experts/KOLs
3.2 Market Indicators

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Derivative
4.1.1.1 Hydrogen bromide
4.1.1.2 Bromide salts
4.1.1.3 Organobromide
4.1.1.4 Others
4.1.2 By Application
4.1.2.1 Flame retardants
4.1.2.2 Clear brine fluids
4.1.2.3 Pharmaceuticals
4.1.2.4 Water treatment
4.1.2.5 Others
4.2 Value Chain Analysis
4.3 Production Process
4.3.1 Bromine production from brines or sea water
4.3.1.1 Treating bromide containing brines
4.3.1.2 Production of Brine
4.3.1.3 Debromination
4.4 Impact of COVID-19 on Global Bromine Market
4.5 Market Dynamics
4.5.1 Drivers
4.5.1.1 Adoption of bromine compounds to reduce mercury emissions
4.5.1.2 High usage of clear brine fluids for rising oil & gas drilling activities
4.5.1.3 Adoption of eco-friendly polymeric flame retardants
4.5.1.4 Impact analysis of drivers on market forecast
4.5.2 Restraints
4.5.2.1 Rising use of non-halogenated flame retardants
4.5.2.2 Impact analysis of restraints on market forecast
4.5.3 Opportunities
4.5.3.1 Bromine-based storage technology for grid systems
4.6 Porter’s Five Forces Analysis
4.7 Policy and Regulatory Landscape
4.7.1 U.S.
4.7.2 Europe
4.7.3 APAC
4.7.4 RoW

Chapter 5. Global Market Size and Forecast
5.1 By Derivative
5.2 By Application
5.3 By Region

Chapter 6. North America Market Size and Forecast
6.1 By Derivative
6.2 By Application

Chapter 7. Europe Market Size and Forecast
7.1 By Derivative
7.2 By Application
7.3 By Country

Chapter 8. APAC Market Size and Forecast
8.1 By Derivative
8.2 By Application
8.3 By Country

Chapter 9. RoW Market Size and Forecast
9.1 By Derivative
9.2 By Application
9.3 By Country

Chapter 10. Competitive Landscape
10.1 List of Key Players and Their Offerings
10.2 List of Other Players
10.3 List of Consumer
10.4 Market Share Analysis of Key Players
10.5 Strategic Developments

Chapter 11. Company Profiles
11.1 Gulf Resources Inc.
11.1.1 Business Overview
11.1.2 Product and Service Offerings
11.2 LANXESS AG
11.2.1 Business Overview
11.2.2 Product and Service Offerings
11.2.3 Key Financial Summary
11.3 Jordon Bromine Company Limited
11.3.1 Business Overview
11.3.2 Product and Service Offerings
11.4 Hindustan Salts Limited
11.4.1 Business Overview
11.4.2 Product and Service Offerings
11.4.3 Key Financial Summary
11.5 Tetra Technologies Inc.
11.5.1 Business Overview
11.5.2 Product and Service Offerings
11.5.3 Key Financial Summary
11.6 Tosoh Corporation
11.6.1 Business Overview
11.6.2 Product and Service Offerings
11.6.3 Key Financial Summary
11.7 Israel Chemicals Limited
11.7.1 Business Overview
11.7.2 Product and Service Offerings
11.7.3 Key Financial Summary
11.8 Albemarle Corporation
11.8.1 Business Overview
11.8.2 Product and Service Offerings
11.8.3 Key Financial Summary
11.9 Perekop Bromine
11.9.1 Business Overview
11.9.2 Product and Service Offerings
11.10 Tata Chemicals Limited
11.10.1 Business Overview
11.10.2 Product and Service Offerings
11.10.3 Key Financial Summary
11.11 Solaris Chemtech Industries Limited
11.11.1 Business Overview
11.11.2 Product and Service Offerings

Chapter 12. Appendix
12.1 Abbreviations
12.2 Sources and References
12.3 Related Reports

List of Tables

TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 GLOBAL BROMINE MARKET, BY DERIVATIVE, TONS (2014-2019)
TABLE 5 GLOBAL BROMINE MARKET, BY DERIVATIVE, TONS (2020-2025)
TABLE 6 GLOBAL BROMINE MARKET, BY DERIVATIVE, TONS (2026-2030)
TABLE 7 GLOBAL BROMINE MARKET, BY DERIVATIVE, $M (2014-2019)
TABLE 8 GLOBAL BROMINE MARKET, BY DERIVATIVE, $M (2020-2025)
TABLE 9 GLOBAL BROMINE MARKET, BY DERIVATIVE, $M (2026-2030)
TABLE 10 GLOBAL BROMINE MARKET, BY APPLICATION, TONS (2014-2019)
TABLE 11 GLOBAL BROMINE MARKET, BY APPLICATION, TONS (2020-2025)
TABLE 12 GLOBAL BROMINE MARKET, BY APPLICATION, TONS (2026-2030)
TABLE 13 GLOBAL BROMINE MARKET, BY APPLICATION, $M (2014-2019)
TABLE 14 GLOBAL BROMINE MARKET, BY APPLICATION, $M (2020-2025)
TABLE 15 GLOBAL BROMINE MARKET, BY APPLICATION, $M (2026-2030)
TABLE 16 GLOBAL BROMINE MARKET, BY REGION, TONS (2014-2019)
TABLE 17 GLOBAL BROMINE MARKET, BY REGION, TONS (2020-2025)
TABLE 18 GLOBAL BROMINE MARKET, BY REGION, TONS (2026-2030)
TABLE 19 GLOBAL BROMINE MARKET, BY REGION, $M (2014-2019)
TABLE 20 GLOBAL BROMINE MARKET, BY REGION, $M (2020-2025)
TABLE 21 GLOBAL BROMINE MARKET, BY REGION, $M (2026-2030)
TABLE 22 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, TONS (2014-2019)
TABLE 23 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, TONS (2020-2025)
TABLE 24 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, TONS (2026-2030)
TABLE 25 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, $M (2014-2019)
TABLE 26 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, $M (2020-2025)
TABLE 27 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, $M (2026-2030)
TABLE 28 NORTH AMERICA BROMINE MARKET, BY APPLICATION, TONS (2014-2019)
TABLE 29 NORTH AMERICA BROMINE MARKET, BY APPLICATION, TONS (2020-2025)
TABLE 30 NORTH AMERICA BROMINE MARKET, BY APPLICATION, TONS (2026-2030)
TABLE 31 NORTH AMERICA BROMINE MARKET, BY APPLICATION, $M (2014-2019)
TABLE 32 NORTH AMERICA BROMINE MARKET, BY APPLICATION, $M (2020-2025)
TABLE 33 NORTH AMERICA BROMINE MARKET, BY APPLICATION, $M (2026-2030)
TABLE 34 EUROPE BROMINE MARKET, BY DERIVATIVE, TONS (2014-2019)
TABLE 35 EUROPE BROMINE MARKET, BY DERIVATIVE, TONS (2020-2025)
TABLE 36 EUROPE BROMINE MARKET, BY DERIVATIVE, TONS (2026-2030)
TABLE 37 EUROPE BROMINE MARKET, BY DERIVATIVE, $M (2014-2019)
TABLE 38 EUROPE BROMINE MARKET, BY DERIVATIVE, $M (2020-2025)
TABLE 39 EUROPE BROMINE MARKET, BY DERIVATIVE, $M (2026-2030)
TABLE 40 EUROPE BROMINE MARKET, BY APPLICATION, TONS (2014-2019)
TABLE 41 EUROPE BROMINE MARKET, BY APPLICATION, TONS (2020-2025)
TABLE 42 EUROPE BROMINE MARKET, BY APPLICATION, TONS (2026-2030)
TABLE 43 EUROPE BROMINE MARKET, BY APPLICATION, $M (2014-2019)
TABLE 44 EUROPE BROMINE MARKET, BY APPLICATION, $M (2020-2025)
TABLE 45 EUROPE BROMINE MARKET, BY APPLICATION, $M (2026-2030)
TABLE 46 EUROPE BROMINE MARKET, BY COUNTRY, TONS (2014-2019)
TABLE 47 EUROPE BROMINE MARKET, BY COUNTRY, TONS (2020-2025)
TABLE 48 EUROPE BROMINE MARKET, BY COUNTRY, TONS (2026-2030)
TABLE 49 EUROPE BROMINE MARKET, BY COUNTRY, $M (2014-2019)
TABLE 50 EUROPE BROMINE MARKET, BY COUNTRY, $M (2020-2025)
TABLE 51 EUROPE BROMINE MARKET, BY COUNTRY, $M (2026-2030)
TABLE 52 APAC BROMINE MARKET, BY DERIVATIVE, TONS (2014-2019)
TABLE 53 APAC BROMINE MARKET, BY DERIVATIVE, TONS (2020-2025)
TABLE 54 APAC BROMINE MARKET, BY DERIVATIVE, TONS (2026-2030)
TABLE 55 APAC BROMINE MARKET, BY DERIVATIVE, $M (2014-2019)
TABLE 56 APAC BROMINE MARKET, BY DERIVATIVE, $M (2020-2025)
TABLE 57 APAC BROMINE MARKET, BY DERIVATIVE, $M (2026-2030)
TABLE 58 APAC BROMINE MARKET, BY APPLICATION, TONS (2014-2019)
TABLE 59 APAC BROMINE MARKET, BY APPLICATION, TONS (2020-2025)
TABLE 60 APAC BROMINE MARKET, BY APPLICATION, TONS (2026-2030)
TABLE 61 APAC BROMINE MARKET, BY APPLICATION, $M (2014-2019)
TABLE 62 APAC BROMINE MARKET, BY APPLICATION, $M (2020-2025)
TABLE 63 APAC BROMINE MARKET, BY APPLICATION, $M (2026-2030)
TABLE 64 APAC BROMINE MARKET, BY COUNTRY, TONS (2014-2019)
TABLE 65 APAC BROMINE MARKET, BY COUNTRY, TONS (2020-2025)
TABLE 66 APAC BROMINE MARKET, BY COUNTRY, TONS (2026-2030)
TABLE 67 APAC BROMINE MARKET, BY COUNTRY, $M (2014-2019)
TABLE 68 APAC BROMINE MARKET, BY COUNTRY, $M (2020-2025)
TABLE 69 APAC BROMINE MARKET, BY COUNTRY, $M (2026-2030)
TABLE 70 ROW BROMINE MARKET, BY DERIVATIVE, TONS (2014-2019)
TABLE 71 ROW BROMINE MARKET, BY DERIVATIVE, TONS (2020-2025)
TABLE 72 ROW BROMINE MARKET, BY DERIVATIVE, TONS (2026-2030)
TABLE 73 ROW BROMINE MARKET, BY DERIVATIVE, $M (2014-2019)
TABLE 74 ROW BROMINE MARKET, BY DERIVATIVE, $M (2020-2025)
TABLE 75 ROW BROMINE MARKET, BY DERIVATIVE, $M (2026-2030)
TABLE 76 ROW BROMINE MARKET, BY APPLICATION, TONS (2014-2019)
TABLE 77 ROW BROMINE MARKET, BY APPLICATION, TONS (2020-2025)
TABLE 78 ROW BROMINE MARKET, BY APPLICATION, TONS (2026-2030)
TABLE 79 ROW BROMINE MARKET, BY APPLICATION, $M (2014-2019)
TABLE 80 ROW BROMINE MARKET, BY APPLICATION, $M (2020-2025)
TABLE 81 ROW BROMINE MARKET, BY APPLICATION, $M (2026-2030)
TABLE 82 ROW BROMINE MARKET, BY COUNTRY, TONS (2014-2019)
TABLE 83 ROW BROMINE MARKET, BY COUNTRY, TONS (2020-2025)
TABLE 84 ROW BROMINE MARKET, BY COUNTRY, TONS (2026-2030)
TABLE 85 ROW BROMINE MARKET, BY COUNTRY, $M (2014-2019)
TABLE 86 ROW BROMINE MARKET, BY COUNTRY, $M (2020-2025)
TABLE 87 ROW BROMINE MARKET, BY COUNTRY, $M (2026-2030)
TABLE 88 LIST OF KEY PLAYERS AND THEIR OFFERINGS
TABLE 89 GULF RESOURCES INC. - AT A GLANCE
TABLE 90 LANXESS AG - AT A GLANCE
TABLE 91 LANXESS AG - KEY FINANCIAL SUMMARY
TABLE 92 JORDON BROMINE COMPANY LIMITED - AT A GLANCE
TABLE 93 HINDUSTAN SALTS LIMITED - AT A GLANCE
TABLE 94 HINDUSTAN SALTS LIMITED - KEY FINANCIAL SUMMARY
TABLE 95 TETRA TECHNOLOGIES INC. - AT A GLANCE
TABLE 96 TETRA TECHNOLOGIES INC. - KEY FINANCIAL SUMMARY
TABLE 97 TOSOH CORPORATION - AT A GLANCE
TABLE 98 TOSOH CORPORATION - KEY FINANCIAL SUMMARY
TABLE 99 ISRAEL CHEMICALS LIMITED - AT A GLANCE
TABLE 100 ISRAEL CHEMICALS LIMITED - KEY FINANCIAL SUMMARY
TABLE 101 ALBEMARLE CORPORATION - AT A GLANCE
TABLE 102 ALBEMARLE CORPORATION - KEY FINANCIAL SUMMARY
TABLE 103 PEREKOP BROMINE - AT A GLANCE
TABLE 104 TATA CHEMICALS LIMITED - AT A GLANCE
TABLE 105 TATA CHEMICALS LIMITED - KEY FINANCIAL SUMMARY
TABLE 106 SOLARIS CHEMTECH INDUSTRIES LIMITED - AT A GLANCE

List of Figures

FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 CURRENCY CONVERSION RATES FOR USD (2019)
FIG 8 GLOBAL BROMINE MARKET SUMMARY
FIG 9 NORTH AMERICA BROMINE MARKET SUMMARY
FIG 10 EUROPE BROMINE MARKET SUMMARY
FIG 11 APAC BROMINE MARKET SUMMARY
FIG 12 ROW BROMINE MARKET SUMMARY
FIG 13 OPINION OF INDUSTRY EXPERTS/KOLS
FIG 14 GLOBAL BROMINE MARKET VALUE CHAIN
FIG 15 BROMINE PRODUCTION PROCESS
FIG 16 DEBROMINATION
FIG 17 PORTER’S FIVE FORCES ANALYSIS
FIG 18 BARGAINING POWER OF BUYERS
FIG 19 BARGAINING POWER OF SUPPLIERS
FIG 20 INTENSITY OF RIVALRY
FIG 21 THREAT OF NEW ENTRANTS
FIG 22 THREAT OF SUBSTITUTES
FIG 23 GLOBAL BROMINE MARKET SNAPSHOT
FIG 24 GLOBAL BROMINE MARKET, BY DERIVATIVE, TONS (2014-2030)
FIG 25 GLOBAL BROMINE MARKET, BY APPLICATION, TONS (2014-2030)
FIG 26 WORLDWIDE MAJOR MARKETS FOR BROMINE
FIG 27 GLOBAL BROMINE MARKET, BY REGION, TONS (2014-2030)
FIG 28 NORTH AMERICA BROMINE MARKET SNAPSHOT
FIG 29 NORTH AMERICA BROMINE MARKET, BY DERIVATIVE, TONS (2014-2030)
FIG 30 NORTH AMERICA BROMINE MARKET, BY APPLICATION, TONS (2014-2030)
FIG 31 EUROPE BROMINE MARKET SNAPSHOT
FIG 32 EUROPE BROMINE MARKET, BY DERIVATIVE, TONS (2014-2030)
FIG 33 EUROPE BROMINE MARKET, BY APPLICATION, TONS (2014-2030)
FIG 34 EUROPE BROMINE MARKET, BY COUNTRY, TONS (2014-2030)
FIG 35 APAC BROMINE MARKET SNAPSHOT
FIG 36 APAC BROMINE MARKET, BY DERIVATIVE, TONS (2014-2030)
FIG 37 APAC BROMINE MARKET, BY APPLICATION, TONS (2014-2030)
FIG 38 APAC BROMINE MARKET, BY COUNTRY, TONS (2014-2030)
FIG 39 ROW BROMINE MARKET SNAPSHOT
FIG 40 ROW BROMINE MARKET, BY DERIVATIVE, TONS (2014-2030)
FIG 41 ROW BROMINE MARKET, BY APPLICATION, TONS (2014-2030)
FIG 42 ROW BROMINE MARKET, BY COUNTRY, TONS (2014-2030)
FIG 43 GLOBAL BROMINE MARKET SHARE OF KEY PLAYERS (2019)
FIG 44 LANXESS AG - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019
FIG 45 TETRA TECHNOLOGIES INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
FIG 46 TOSOH CORPORATION - REVENUE SPLIT BY SEGMENT (2019)
FIG 47 ISRAEL CHEMICALS LIMITED - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
FIG 48 ALBEMARLE CORPORATION - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
FIG 49 TATA CHEMICALS LIMITED - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2019)
Note: Product cover images may vary from those shown
3 of 4
  • Gulf Resources Inc.
  • LANXESS AG
  • Jordon Bromine Company Limited
  • Hindustan Salts Limited
  • Tetra Technologies Inc.
  • Tosoh Corporation
  • Israel Chemicals Limited
  • Albemarle Corporation
  • Perekop Bromine
  • Tata Chemicals Limited
  • Solaris Chemtech Industries Limited
Note: Product cover images may vary from those shown
4 of 4

Loading
LOADING...

Adroll
adroll