Bromine Derivatives Market Report 2026

The bromine derivatives market size has grown strongly in recent years. It will grow from $5.28 billion in 2025 to $5.66 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to expansion of electronics manufacturing, growth of construction safety standards, increasing oil and gas drilling activities, rising demand for specialty chemicals, availability of bromine extraction resources.

The bromine derivatives market size is expected to see strong growth in the next few years. It will grow to $7.37 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing demand for high-performance flame retardants, rising focus on mercury emission control, expansion of advanced electronics production, growing investment in specialty chemical manufacturing, increasing compliance with environmental regulations. Major trends in the forecast period include increasing demand for flame retardant materials, rising use in oil and gas drilling fluids, growing adoption in pharmaceutical intermediates, expansion of brominated specialty chemicals, enhanced focus on regulatory-compliant formulations.

The expanding global construction industry is expected to drive the growth of the bromine derivatives market. The construction sector encompasses the building, repair, renovation, and maintenance of infrastructure. Bromine derivatives are widely used in construction due to their compatibility with non-metallic building materials, including fiberglass-reinforced plastics (vinyl ester or polyester FRP), polyvinyl, and similar components. For example, in June 2025, according to Eurostat, a Luxembourg-based statistical office of the European Union, construction production increased by 3% in the euro area and by 2.5% in the EU in April 2025 compared with April 2024. Therefore, the growth of the global construction industry is supporting the bromine derivatives market.

Leading companies in the bromine derivatives market are focusing on expanding resource assessments and upgrading extraction capabilities to ensure a reliable feedstock for downstream chemical production. Improved evaluation of brine resources enables companies to accurately estimate bromine availability, optimize production planning, and support long-term market growth. For instance, in January 2024, TETRA Technologies, Inc., a US-based industrial chemical and energy materials company, completed a comprehensive Technical Resources Study for its Arkansas lithium and bromine brine unit. The study provided validated insights into the concentration, volume, and commercial potential of bromine-rich brine reservoirs, strengthening TETRA’s ability to advance bromine derivative production and ensure a stable supply chain for industries relying on flame retardants, clear brine fluids, and specialty brominated compounds.

In March 2023, Neogen Chemicals Ltd., an India-based manufacturer specializing in specialty chemicals, acquired BuLi Chemicals India Pvt. Ltd. for an undisclosed amount. This acquisition is part of Neogen Chemicals' strategy to expand its product portfolio, enhance technological capabilities, and strengthen its position in the market. BuLi Chemicals India Pvt. Ltd. focuses on the production of organolithium compounds and other specialty chemicals, which complements Neogen's existing offerings and supports its growth ambitions in the specialty chemicals sector.

Major companies operating in the bromine derivatives market are Albemarle Corporation, Israel Chemicals Limited (ICL), LANXESS AG, TETRA Technologies Inc., Jordan Bromine Company, Gulf Resources Inc., Tosoh Corporation, Neogen Chemicals Limited, Solaris Chemtech Industries Limited, Perekop Bromine Factory, Haiwang Fine Chemical Co. Ltd., Shandong Moris Technology Co. Ltd., Shandong Tianyi Chemical Co. Ltd., Shandong Weifang Longwei Industrial Co. Ltd., Shandong Tianrui Chemical Co. Ltd., Archean Chemical Industries Limited, Nippon Chemical Industrial Co. Ltd., Shandong Shouguang Fukang Pharmaceutical Co. Ltd., Shandong Ocean Chemical Co. Ltd., Qingdao Haihua Group Co. Ltd., Yancheng Jilong Chemical Co. Ltd., Shandong Dongxin Chemical Co. Ltd., Hebei Yaguang Fine Chemical Co. Ltd.

Asia-Pacific was the largest region in the bromine derivatives market in 2025 and is expected to be the fastest-growing region in the bromine derivatives market during the forecast period. The regions covered in the bromine derivatives market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bromine derivatives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The bromine derivative market consists of sales of ammonium bromide and hydrogen bromide. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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