Quick Summary:
Enter the burgeoning world of the Bromine Derivatives market, an industry with substantial growth potential over the next eight years. The market is presently estimated at $4.4 billion and is projected to reach an impressive $6.9 billion by 2030. This growth signals multiple opportunities and uncharted potential for savvy investors and businesses seeking lucrative, sustainable market ventures.
In a world where informed decisions are critical, this report provides invaluable insights into the prevalent trends and future trajectory of this dynamic market. It covers detailed segment analyses, such as promising growth in the Hydrobromic Acid segment, and features detailed competitor profiles, ensuring a comprehensive understanding of the market landscape. Dive deep into international markets, observing the growth strategies of economies like the United States, China, and Germany. Stay ahead of the curve, utilizing our top-tier market research which offers unparalleled coverage, interactive updates, and a one-year complimentary update service.
Global Bromine Derivatives Market to Reach $6.9 Billion by 2030
The global market for Bromine Derivatives estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$6.9 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Tetrabromobisphenol A, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$1.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hydrobromic Acid segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 9.4% CAGR
The Bromine Derivatives market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.Select Competitors (Total 43 Featured) -
- Agrocel Industries Ltd.
- Albemarle Corporation
- Beacon Organosys
- Gulf Resources Inc.
- Hindustan Salts Ltd.
- Honeywell International Inc.
- ICC Industries
- Israel Chemicals Limited
- JK Chemicals
- Jordan Bromine Company Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Bromine Derivatives?
What is the growth rate of the Global Market for Bromine Derivatives?
What is the forecasted size of the Global Market for Bromine Derivatives?
Who are the key companies in the Global Market for Bromine Derivatives?
| Report Attribute | Details |
|---|---|
| No. of Pages | 94 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.4 Billion |
| Forecasted Market Value ( USD | $ 6.9 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Agrocel Industries Ltd.
- Albemarle Corporation
- Beacon Organosys
- Gulf Resources Inc.
- Hindustan Salts Ltd.
- Honeywell International Inc.
- ICC Industries
- Israel Chemicals Limited
- JK Chemicals
- Jordan Bromine Company Ltd.
