Market Synopsis
The Global Bromine Derivatives Market share is expected to register a CAGR of 4.41% during the review period. Bromine is found in high concentration in seawater, salt lakes, and underground brines. Bromine derivatives find use in numerous applications such as electronics, construction, chemicals, water treatment, and oil & gas, among others. The global demand for bromine derivatives is primarily driven by widespread use as a flame retardant in numerous electronics products and construction applications. The use of bromine-based products has increased in controlling mercury emissions from coal-fired power plants and industrial boilers.
Market Segmentation
The global Bromine Derivatives Market type has been segmented by product type, application, end-use industry, and region.
On the basis of product type, the global market has been classified into calcium bromide, sodium bromide, zinc bromide, hydrogen bromide, decabromodiphenyl ethane (DBDPE), tetrabromobisphenol A (TBBPA), and others. Zinc and calcium bromides are widely used in the production of non-damaging fluid with densities ranging from 15.1 lb/gal to 19.2 lb/gal and 11.7 lb/gal to 15.1 lb/gal, respectively. Both zinc bromide and calcium bromide possess thermal and chemical stability and can also be blended with other solutions containing bromides and chloride. Sodium bromide is used in numerous applications including oilfield, water treatment, pulp & paper, and pharmaceuticals. Decabromodiphenyl ethane (DBDPE) and Tetrabromobisphenol A (TBBPA) are used as bromine flame retardants in the electrical & electronics and construction industries.
Based on application, the global market has been divided into flame retardants, organic intermediate, oil & gas drilling, biocides, PTA synthesis, and others. The flame retardants segment accounted for the largest share of the global bromine derivatives market in 2018 owing to increasing use in various electronic products and construction applications. However, rising concern about the use of flame retardants on human health and environment is likely to affect the growth of the global bromine derivatives market. Bromine compounds are being widely used as organic intermediates in producing other chemicals. The oil and gas drilling segment is expected to register significant growth during the review period on account of the increase in oil and gas exploration activities in the developing countries. Bromine compounds are also being used in agrochemicals to prevent crop damage and in the transportation industry as specialty rubber for tire manufacturing to improve tire strength and resistance to leakage.
Based on end-use industry, the global market has been divided into electrical & electronics, construction, oil & gas, chemicals, pharmaceuticals, wastewater treatment, and others. Electrical & electronics, construction, and chemicals are the major revenue generating segments of the global bromine derivatives market. However, the oil and gas segment is likely to witness significant growth in the coming years on account of the growing preference for hydraulic fracturing technique for shale oil and gas extraction.
Competitive Analysis
Some of the key players operating in the global Bromine Derivatives market type are Albemarle Corporation (US), Tosoh Corporation (Japan), PACIFIC ORGANICS PVT Ltd (India), BEACON ORGANOSYS (India), Honeywell International Inc. (US), APK (India), LANXESS (Germany), TETRA Technologies, Inc. (US), ICL (Israel), and Neogen Chemical Limited (India).
Regional Analysis
Based on region, the global bromine derivatives market overview has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The market in Asia-Pacific accounted for the largest share of the global bromine derivatives market and is expected to register continuous growth during the review period on account of the growth of the major end-use industries such as electrical & electronics, construction, chemicals, and oil & gas.
Europe is also expected to be a prominent market on account of the expanding water treatment industry in the region with increasing regulations for treating wastewater to meet the rising water scarcity in the region.
The market in North America is likely to witness healthy growth on account of the presence of established oil and gas industry coupled with an increase in shale oil and gas exploration using hydraulic fracturing technique, which is likely to fuel the demand for oilfield chemicals and thus, bromine derivatives.
The markets in Latin America and the Middle East and Africa are likely to register healthy CAGRs on account of the growth of the major end-use industries.
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The latest trending report Global Bromine Derivatives Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Bromine Derivatives market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 3.3% in the forecast period of 2020 to 2025 and will expected to reach USD 3948.9 million by 2025, from USD 3463.5 million in 2019.The Bromine Derivatives market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/27772-bromine-derivatives-market-analysis-reportThe major players covered in Bromine Derivatives are: ICL-Group TETRA Technologies Inc. Albemarle Corporation Tata Chemicals Limited Lanxess Tosoh Corporation Gulf Resources Inc.By Type, Bromine Derivatives market has been segmented into Sodium Bromide Calcium Bromide Zinc Bromide Tetrabromobisphenol-A (TBBPA) DeCalcium Bromideomodiphenyl ethane (DBDPE) OthersBy Application, Bromine Derivatives has been segmented into: Chemical Industry Oil and Gas Industry Construction Industry Pharmaceutical Industry Electronics Industry OthersThe report offers in-depth assessment of the growth and other aspects of the Bromine Derivatives market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Bromine Derivatives Market @ https://www.decisiondatabases.com/contact/download-sample-27772The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Bromine Derivatives product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Bromine Derivatives, with price, sales, revenue and global market share of Bromine Derivatives in 2018 and 2019.Chapter 3, the Bromine Derivatives competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Bromine Derivatives breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Bromine Derivatives market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Bromine Derivatives sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Bromine Derivatives Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-27772Other Reports by DecisionDatabases.com:Global Chitosan Derivatives Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Palm Methyl Ester Derivatives Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Benzaldehyde Derivatives Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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