2-Bromopropane, also known as isopropyl bromide, is a halogenated hydrocarbon valued as a specialized intermediate in chemical synthesis. This colorless liquid is primarily utilized in agrochemicals, industrial chemicals, and pharmaceuticals. In agrochemicals, it serves as a key precursor for synthesizing insecticides such as Cyphenothrin, Fenvalerate, and Propoxur, fungicides like Diniconazole and Flusilazole, and herbicides including Diclofop-methyl and Sethoxydim, supporting crop protection and agricultural productivity. The 2-Bromopropane industry is a niche segment within the specialty chemicals market, defined by its technical intricacy, stringent purity requirements, and precise production methods.
Typically produced through the reaction of isopropanol with hydrobromic acid or halogen exchange, it depends heavily on upstream raw material supply chains. The market is driven by agricultural demand, yet it faces hurdles such as environmental regulations, raw material cost fluctuations, and competition from substitutes. The global 2-Bromopropane market is forecasted to reach USD 15-30 million by 2030, with a CAGR of 2.8%-4.5%, indicating a steady growth trajectory tempered by regulatory and competitive pressures.
Growth is constrained by regulatory challenges that elevate production costs and the presence of alternative intermediates competing in similar applications. This forecast reflects a market where steady demand from key industries is balanced against external pressures, positioning 2-Bromopropane as a niche market with consistent but limited growth potential through 2030.
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Typically produced through the reaction of isopropanol with hydrobromic acid or halogen exchange, it depends heavily on upstream raw material supply chains. The market is driven by agricultural demand, yet it faces hurdles such as environmental regulations, raw material cost fluctuations, and competition from substitutes. The global 2-Bromopropane market is forecasted to reach USD 15-30 million by 2030, with a CAGR of 2.8%-4.5%, indicating a steady growth trajectory tempered by regulatory and competitive pressures.
Market Size and Growth Forecast
The 2-Bromopropane market is anticipated to achieve a valuation of USD 15-30 million by 2030, growing at a CAGR of 2.8%-4.5%. This moderate growth is fueled by its critical role in agrochemical synthesis, particularly for insecticides, fungicides, and herbicides essential to global agriculture. The pharmaceutical sector provides additional stability, though its contribution is smaller, through its use in specialized drug intermediates.Growth is constrained by regulatory challenges that elevate production costs and the presence of alternative intermediates competing in similar applications. This forecast reflects a market where steady demand from key industries is balanced against external pressures, positioning 2-Bromopropane as a niche market with consistent but limited growth potential through 2030.
Regional Analysis
The 2-Bromopropane market exhibits distinct regional growth patterns, shaped by production strengths, regulatory environments, and consumption trends.- Asia-Pacific: Growth is estimated at 3.0%-4.8%. Led by China, this region thrives on its strong manufacturing base and expanding agrochemical sector. China’s trends focus on scalable, cost-effective production to meet domestic and export needs, while India emerges as a player with its emphasis on pesticide synthesis.
- North America: Growth ranges from 2.5%-4.0%. The United States drives demand, primarily through agrochemical and pharmaceutical applications, with trends highlighting innovation and regulatory compliance in a mature market.
- Europe: Growth is projected at 2.8%-4.5%. Germany and France lead, with trends toward sustainable production and strict chemical safety standards, reflecting a quality-centric approach.
- Rest of the World: Growth is estimated at 2.0%-3.5%. Emerging markets in Latin America and Africa show promise, driven by agricultural growth, with trends toward localized production to reduce import reliance.
Application Analysis
2-Bromopropane’s applications span diverse sectors, each with unique growth rates and trends.- Agrochemical: Growth is estimated at 3.0%-4.8%. This segment dominates, driven by its use in synthesizing insecticides like Cyphenothrin, fungicides such as Diniconazole, and herbicides like Diclofop-methyl, vital for agriculture. Trends emphasize sustainable formulations to enhance productivity while minimizing environmental impact.
- Industrial: Growth ranges from 2.8%-4.5%. It supports the production of specialized industrial chemicals, with trends reflecting demand for high-purity intermediates in niche processes.
- Pharmaceutical: Growth is projected at 2.5%-4.0%. A smaller segment, it aids in synthesizing certain APIs, with trends focusing on quality and precision for pharmaceutical standards.
- Others: Growth is estimated at 2.0%-3.5%. Minor applications in specialty chemicals show modest growth, with trends indicating stable, limited demand.
Key Market Players
The 2-Bromopropane market is influenced by key producers shaping its supply and competitive dynamics.- Vynova PPC S.A.S: A European firm prioritizing sustainable chemical production.
- Manac Incorporated: Based in Japan, it specializes in intermediates for agrochemical and industrial uses.
- Shouguang Nuomeng Chemical Co. Ltd.: With a 50-ton capacity facility in China, it focuses on cost-effective output.
- Hubei Jucheng Medical Science and Technology Co. Ltd.: Operates a 1,000-ton capacity plant, serving agrochemical and pharmaceutical markets.
- Jiangxi Deyou Biotechnology Co. Ltd.: Launched a 2,000-ton capacity facility in late 2024, targeting agrochemicals.
- Shouguang Yongkang Chemical Industry Co. Ltd.: Supplies industrial applications reliably.
- Shouguang Fukang Pharmaceutical Co. Ltd.: Focuses on pharmaceutical intermediates.
- Shandong Tongcheng Medicine Co. Ltd.: Runs a 500-ton facility, supporting agrochemical and pharmaceutical needs.
- Yancheng Longshen Chemical Co. Ltd.: Provides steady supply for industrial uses.
- Mody Chemi-Pharma Limited: An Indian producer emphasizing pharmaceutical quality.
- Neogen Chemicals Ltd: Specializes in agrochemical and pharmaceutical intermediates.
Porter’s Five Forces Analysis
The 2-Bromopropane market’s competitive environment is analyzed via Porter’s Five Forces.- Threat of New Entrants: Low. Technical complexity, capital requirements, and regulatory barriers limit new entrants.
- Bargaining Power of Suppliers: Moderate. Suppliers of isopropanol and hydrobromic acid affect costs, but sourcing options temper their power.
- Bargaining Power of Buyers: Moderate. Buyers demand quality, but their leverage is limited by the product’s niche nature.
- Threat of Substitutes: Moderate. Alternatives compete, yet 2-Bromopropane’s established applications maintain its position.
- Industry Rivalry: Moderate. Competition focuses on quality and capacity, fostering stability.
Market Opportunities and Challenges
Opportunities
- Expanding agrochemical markets in emerging regions, especially Asia-Pacific, drive growth.
- Innovations in industrial and pharmaceutical applications enhance relevance.
- Capacity expansions bolster supply and market reach.
Challenges
- Regulatory pressures increase costs and limit flexibility.
- Substitute intermediates threaten market share.
- Raw material price fluctuations impact production stability.
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Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast 2-Bromopropane Market in North America (2020-2030)
Chapter 10 Historical and Forecast 2-Bromopropane Market in South America (2020-2030)
Chapter 11 Historical and Forecast 2-Bromopropane Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast 2-Bromopropane Market in Europe (2020-2030)
Chapter 13 Historical and Forecast 2-Bromopropane Market in MEA (2020-2030)
Chapter 14 Summary For Global 2-Bromopropane Market (2020-2025)
Chapter 15 Global 2-Bromopropane Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Vynova PPC S.A.S
- Manac Incorporated
- Shouguang Nuomeng Chemical Co. Ltd
- Hubei Jucheng Medical Science and Technology Co. Ltd.
- Jiangxi Deyou Biotechnology Co. Ltd
- Shouguang Yongkang Chemical Industry Co. Ltd.
- Shouguang Fukang Pharmaceutical Co. Ltd
- Shandong Tongcheng Medicine Co. Ltd.
- Yancheng Longshen Chemical Co. Ltd.
- Mody Chemi-Pharma Limited
- Neogen Chemicals Ltd
