查看購物車
  • Simplified Chinese
  • English
  • Japanese
  • Korean
封面
市場調查報告書
商品編碼
1561495

2024-2032 年按衍生物、應用（殺菌劑、阻燃劑、溴基電池、透明鹽水等）、最終用戶和地區分類的溴市場報告

Bromine Market Report by Derivative, Application (Biocides, Flame Retardants, Bromine-Based Batteries, Clear Brine Fluids, and Others), End User, and Region 2024-2032
出版日期: | 出版商: IMARC | 英文 139 Pages | 商品交期: 2-3個工作天內

價格

2023年全球IMARC Group市場規模達35億美元。該市場正在經歷顯著成長，主要是由於阻燃劑、藥品和農業化學品的需求不斷成長。電子和建築領域對消防安全的日益成長的需求也對市場成長做出了積極貢獻。

溴市場分析：

  • 主要市場促進因素：主要市場促進因素包括由於嚴格的消防安全法規，電子、汽車和建築業對阻燃劑的需求不斷成長。溴在藥品和農業化學品的使用不斷增加，特別是在新興市場，也推動了成長。此外，溴產量的擴大以及溴衍生物技術的進步也支持了市場的擴張。對水處理和環境應用的日益關注進一步增加了對溴化合物的需求。
  • 主要市場趨勢：在阻燃劑、水處理化學品以及石油和天然氣鑽井液需求不斷成長的推動下，市場正在穩步成長。與此一致的是，溴在製藥業的使用不斷增加以及環保溴基解決方案的開發是主要趨勢。市場也受惠於溴萃取技術的進步和主要產區產能的擴大。
  • 地理趨勢：溴市場的地理趨勢凸顯了亞太地區的主導地位，特別是中國，因為其廣泛的工業基礎和不斷成長的阻燃劑需求。中東也正在成為一個關鍵參與者，利用其巨大的溴儲量和擴大的生產能力。同時，在環境法規的推動下，北美和歐洲正在經歷適度的成長，這些法規促進了溴在水處理和汞排放控制應用中的使用，從而促進了區域市場的動態。
  • 競爭格局：溴產業的一些主要市場參與者包括 Albemarle Corporation、Chemada Industries Ltd.、Gulf Resources Inc.、Hindustan Salts Limited、Honeywell International Inc.、ICL Group Ltd.、Jordan Bromine Company Limited、Lanxess AG、Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)、Tata Chemicals Limited、TETRA Technologies Inc.、Tosoh Corporation 等。
  • 挑戰與機會：市場面臨各種挑戰，例如與其提取和使用相關的環境問題，以及嚴格的監管限制。然而，能源儲存（特別是液流電池）等應用對溴的需求不斷成長，以及環保溴基產品的開發也帶來了機會。此外，提取技術的進步和新興市場投資的增加為該行業帶來了巨大的成長潛力，平衡了挑戰與光明的前景。

溴市場趨勢：

溴衍生物的創新

溴衍生物的創新正在迅速推進，特別是在開發更有效率、更永續的產品方面。這些努力的重點是創造先進的阻燃劑，以增強耐火性並減少對環境的影響，例如具有較低毒性和提高可回收性的阻燃劑。在水處理領域，人們正在設計新型溴基化學品，以滿足更嚴格的環境標準，同時保持控制生物污染物的高性能。這些創新是由日益增加的監管壓力和全球對永續發展日益重視所推動的，推動公司投資研發 (R&D)，以創建符合環境目標的經濟高效的解決方案。例如，2024年3月，Archean Chemical的子公司Acume Chemicals在古吉拉特邦啟動了溴衍生產品生產設施的第一階段建設。該公司公佈的 2023-24 會計年度第四季淨銷售額為 41.263 億盧比，淨利潤為 10.153 億盧比。該公司預計將從西亞衝突中受益，由於死海地區產量預計放緩，預計該衝突將推高溴價格。

對阻燃劑的需求不斷增加

對溴系阻燃劑的需求正在顯著增加，特別是在電子、汽車和建築等消防安全至關重要的行業。這些阻燃劑在降低可燃性和防止火勢蔓延方面非常有效，使其在電路板、汽車零件和建築材料等應用中至關重要。全球嚴格的消防安全法規的興起，加上人們對火災危險意識的不斷增強，正在推動這項需求。此外，消費性電子產品、車輛和基礎設施對耐用、阻燃材料的需求進一步推動了溴基阻燃劑的市場成長，鞏固了其在安全合規方面的關鍵作用。例如，2023 年 10 月，科萊恩投資 6,000 萬瑞士法郎在惠州大亞灣新建了一座最先進的無鹵化阻燃劑生產設施。該工廠將滿足中國和亞洲零件製造商不斷成長的需求，特別是在電動車和電氣電子領域。新工廠鞏固了科萊恩在提供創新和永續消防安全解決方案方面的地位。

製藥和農業化學品應用的成長

溴化合物在藥品和農業化學品的生產中發揮著至關重要的作用，特別是作為殺菌劑和殺蟲劑的重要成分。製藥和農化產業的擴張，特別是在新興市場，正在推動對這些溴基化合物的需求。隨著這些產業的發展，對有效、可靠的化學中間體的需求也在成長，其中溴對於合成各種活性成分至關重要。發展中地區對糧食安全和醫療保健的日益關注進一步推動了這一需求，使溴成為支持全球農業和製藥進步不可或缺的元素。根據產業報告稱，印度製藥業正在快速成長，預計到2024 年將達到650 億美元，到2030 年將達到1,300 億美元。的學名藥、美國40% 以上的學名藥。印度也滿足了全球60%的疫苗需求，供應了世衛組織70%的基本疫苗。溴在醫藥和農業化學品應用的使用不斷增加是溴市場成長的重要因素之一，其促進因素是其在合成活性成分和增強產品功效方面的重要作用。這一趨勢在新興市場尤其強勁，這些市場對有效殺菌劑、殺蟲劑和藥品的需求持續成長，進一步推動了市場的擴張。

溴市場細分：

IMARC Group提供了每個細分市場的主要趨勢分析，以及 2024-2032 年全球、區域和國家層面的預測。我們的報告根據衍生性商品、應用程式和最終用戶對市場進行了分類。

按衍生性商品細分：

  • 溴化氫
  • 有機溴化合物
  • 溴液
  • 其他

有機溴化合物佔據大部分市場佔有率

該報告提供了基於衍生性商品的詳細市場區隔和分析。這包括溴化氫、有機溴化合物、溴液等。根據該報告，有機溴化合物佔最大部分。

根據溴市場研究報告，有機溴化合物在溴市場中佔據主導地位，由於其廣泛用於阻燃劑而佔據了大部分佔有率，而阻燃劑對於提高各種材料的防火安全至關重要。這些化合物廣泛應用於電子、紡織品和建築材料中，這些領域的防火性至關重要。與此一致，有機溴化合物是藥品、農業化學品和水處理製程的關鍵成分。它們在安全應用方面的多功能性、有效性和監管支援為其帶來了巨大的市場佔有率。隨著業界繼續優先考慮安全和性能，對有機溴化合物的需求預計將保持強勁。這些因素正在溴市場創造大量商機，特別是在先進阻燃劑、水處理化學品和醫藥中間體的開發和商業化方面，全球各行業對這些產品的需求日益成長。

按應用分類：

  • 殺菌劑
  • 阻燃劑（FR）
  • 溴基電池
  • 透明食鹽水 (CBF)
  • 其他

阻燃劑（FR）產業佔有率最大

報告還提供了基於應用程式的詳細市場細分和分析。這包括殺菌劑、阻燃劑 (FR)、溴基電池、透明鹽水 (CBF) 等。根據該報告，阻燃劑（FR）代表了最大的部分。

阻燃劑 (FR) 佔據最大的市場佔有率，因為它們在降低各行業材料的可燃性方面發揮關鍵作用。溴基阻燃劑在減緩火勢蔓延方面非常有效，廣泛用於電子、汽車零件、建築材料、紡織品和家具。對消防安全法規的日益關注以及遵守嚴格安全標準的需求推動了對溴系阻燃劑的需求。它們在增強耐火性的同時保持材料性能的有效性使得它們在各種製造過程中不可或缺。隨著全球安全擔憂持續上升，預計對溴系阻燃劑的需求將大幅成長，從而創造積極的溴市場前景。

按最終用戶分類：

  • 化學品
  • 石油和天然氣
  • 藥品
  • 農業
  • 紡織品
  • 電子產品
  • 其他

化學品代表了領先的細分市場

該報告提供了基於最終用戶的詳細市場細分和分析。這包括化學品、石油和天然氣、製藥、農業、紡織、電子等。根據該報告，化學品佔最大部分。

化學品領域佔據了溴市場的最大佔有率，這主要是由於溴在生產各種化合物時被廣泛使用。溴是製造阻燃劑、殺菌劑以及用於製藥、農業化學品和其他行業的各種中間體的關鍵成分。對溴基化學品的需求是由於其在提高產品性能方面的有效性而推動的，特別是在需要防火和微生物控制的應用中。此外，溴在製造水處理、石油和天然氣鑽探以及其他工業過程中使用的特種化學品方面所發揮的作用，極大地促進了各行業對溴的需求不斷成長。這種在多個行業的廣泛應用確保了化學品領域仍然是溴市場成長的關鍵驅動力。例如，2024年6月，SBI共同基金和White Oak Group共同收購了印度領先的溴基和鋰基特種化學品製造商Neogen Chemicals約5.67%的股權。該交易將支持發起人的長期財務計劃。該公司報告稱綜合收入提高了盧比。 2024 會計年度營收 69.1 億盧比，強調向電池材料領域的擴張。

按地區分類：

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

亞太地區引領市場，佔據最大的溴市場佔有率

該報告還對所有主要區域市場進行了全面分析，其中包括北美（美國和加拿大）；歐洲（德國、法國、英國、義大利、西班牙、俄羅斯等）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告稱，亞太地區是最大的溴區域市場。

亞太地區在溴市場佔據主導地位，由於該地區廣泛的工業基礎和快速擴張的化學製造業而佔據最大佔有率。電子、汽車和建築業，特別是在中國、印度和日本等國家，對溴基阻燃劑的高需求推動了這個市場領先地位。例如，2023年6月，亞洲鉀肥國際投資（廣州）有限公司在寮國順利完工溴生產項目，年產1萬噸溴。該項目位於甘蒙省，預計將為寮國工業化和城市化做出貢獻。此外，在豐富的自然資源和具有成本效益的生產方法的支持下，該地區的溴產量巨大，進一步鞏固了其地位。該地區對消防安全法規和環境標準的日益關注也導致了溴化合物的使用不斷增加。隨著亞太地區工業化和城市化的不斷發展，溴的需求預計將保持強勁，確保其市場主導地位。根據溴市場預測，在持續的工業發展和對溴基產品需求不斷成長的推動下，亞太地區預計將繼續保持強勁的成長軌跡。

（請注意，這只是關鍵參與者的部分列表，報告中提供了完整列表。）

  • 溴市場競爭激烈，幾家主要廠商都在爭奪市場佔有率。該行業的溴公司特別注重擴大生產能力和增強分銷網路，以滿足阻燃劑、水處理和鑽井液等各種應用不斷成長的需求。新進者的出現進一步加劇了競爭，特別是來自溴資源豐富地區的新進者，他們提供了具有成本效益的解決方案。與此一致的是，公司非常注重創新，投資開發環保和高性能的溴衍生物，以滿足監管要求和消費者對永續產品的需求。隨著環境法規的收緊和對先進材料需求的增加，溴市場動態預計將發生重大變化，各公司將努力透過技術進步和策略合作夥伴關係來使自己脫穎而出。

溴市場新聞：

  • 2024 年 8 月，TETRA Technologies, Inc. 完成了阿肯色州溴計畫的最終可行性研究，將先前宣布的溴資源升級為儲量。研究表明，該項目的預計營運壽命為 40 年，內部回報率為 62%。根據最終投資決定，該公司預計銷售量會增加，調整後的 EBITDA 也會增加。 FID 後資本支出的預計回收期為 5.7 年。
  • 2024 年 5 月，GHCL Limited 宣布了擴張計劃，資本預算約為盧比。 2024-25 會計年度為 22.4 億盧比，其中包括盧比。 11.7億盧比的溴項目。此外，董事會也批准了古吉拉特邦卡奇年產 550 萬噸純鹼的綠地項目，投資金額為 100 億盧比。 400億盧比。

本報告回答的關鍵問題

  • 2023年全球溴市場規模是多少
  • 2024-2032年全球溴市場的預期成長率是多少
  • 推動全球溴市場的關鍵因素有哪些
  • COVID-19 對全球溴市場有何影響
  • 基於衍生性商品的全球溴市場細分是怎樣的
  • 根據應用，全球溴市場的細分如何
  • 基於最終用戶的全球溴市場細分是怎樣的
  • 全球溴市場的重點地區有哪些
  • 誰是全球溴市場的主要參與者/公司

本報告回答的關鍵問題

  • 2023年全球溴市場規模有多大？ 2024-2032年全球溴市場的預期成長率是多少？
  • 推動全球溴市場的關鍵因素是什麼？
  • COVID-19 對全球溴市場有何影響？
  • 基於衍生性商品的全球溴市場的分化是什麼？
  • 根據應用，全球溴市場的詳細情形如何？
  • 根據最終用戶，全球溴市場的詳細情形如何？
  • 全球溴市場的重點地區有哪些？
  • 全球溴市場的主要參與者/公司有哪些？

目錄

第1章：前言

第 2 章：範圍與方法

  • 研究目的
  • 利害關係人
  • 數據來源
    • 主要來源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章：執行摘要

第 4 章：簡介

  • 概述
  • 主要行業趨勢

第 5 章：全球溴市場

  • 市場概況
  • 市場表現
  • COVID-19 的影響
  • 市場預測

第 6 章：市場區隔：依衍生性商品分類

  • 溴化氫
    • 市場趨勢
    • 市場預測
  • 有機溴化合物
    • 市場趨勢
    • 市場預測
  • 溴液
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 7 章：市場區隔：按應用

  • 殺菌劑
    • 市場趨勢
    • 市場預測
  • 阻燃劑（FR）
    • 市場趨勢
    • 市場預測
  • 溴基電池
    • 市場趨勢
    • 市場預測
  • 透明食鹽水 (CBF)
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 8 章：市場區隔：依最終用戶

  • 化學品
    • 市場趨勢
    • 市場預測
  • 石油和天然氣
    • 市場趨勢
    • 市場預測
  • 藥品
    • 市場趨勢
    • 市場預測
  • 農業
    • 市場趨勢
    • 市場預測
  • 紡織品
    • 市場趨勢
    • 市場預測
  • 電子產品
    • 市場趨勢
    • 市場預測
  • 其他
    • 市場趨勢
    • 市場預測

第 9 章：市場區隔：按地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲
    • 市場趨勢
    • 市場細分：按國家/地區
    • 市場預測

第 10 章：SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章：價值鏈分析

第 12 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章：價格分析

第14章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Albemarle Corporation
    • Chemada Industries Ltd.
    • Gulf Resources Inc.
    • Hindustan Salts Limited
    • Honeywell International Inc.
    • ICL Group Ltd.
    • Jordan Bromine Company Limited
    • Lanxess AG
    • Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)
    • Tata Chemicals Limited
    • TETRA Technologies Inc.
    • Tosoh Corporation
Product Code: SR112024A460

The global bromine market size reached US$ 3.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.25% during 2024-2032. The market is experiencing a significant growth mainly driven by the rising demand in flame retardants, pharmaceuticals and agrochemicals. The increasing need for fire safety in electronics and construction is also contributing positively to the market growth.

Bromine Market Analysis:

  • Major Market Drivers: Key market drivers include the rising demand for flame retardants electronics, automotive, and construction industries due to stringent fire safety regulations. The increasing use of bromine in pharmaceuticals and agrochemicals, particularly in emerging markets, also drives growth. Additionally, the expansion of bromine production along with technological advancements in bromine derivatives, supports market expansion. The growing focus on water treatment and environmental applications further enhances the demand for bromine compounds.
  • Key Market Trends: The market is witnessing steady growth driven by its increasing demand in flame retardants, water treatment chemicals, and oil and gas drilling fluids. In line with this, the rising use of bromine in the pharmaceutical industry and the development of environmentally friendly bromine-based solutions are key trends. The market is also benefiting from advancements in bromine extraction technologies and the expansion of production capacities in major producing regions.
  • Geographical Trends: Geographical trends in the bromine market highlight the dominance of the Asia-Pacific region, particularly China, due to its extensive industrial base and rising demand for flame retardants. The Middle East is also emerging as a key player, leveraging its vast bromine reserves and expanding production capacities. Meanwhile, North America and Europe are experiencing moderate growth driven by environmental regulations promoting the use of bromine in water treatment and mercury emission control applications, contributing to regional market dynamics.
  • Competitive Landscape: Some of the major market players in the bromine industry include Albemarle Corporation, Chemada Industries Ltd., Gulf Resources Inc., Hindustan Salts Limited, Honeywell International Inc., ICL Group Ltd., Jordan Bromine Company Limited, Lanxess AG, Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.), Tata Chemicals Limited, TETRA Technologies Inc., Tosoh Corporation, among many others.
  • Challenges and Opportunities: The market faces various challenges such as environmental concerns related to its extraction and use, along with stringent regulatory restrictions. However, opportunities arise from the growing demand for bromine in applications like energy storage, particularly in flow batteries, and the development of eco-friendly bromine-based products. Additionally, advancements in extraction technologies and increasing investments in emerging markets present significant growth potential for the industry, balancing out the challenges with promising prospects.

Bromine Market Trends:

Innovation in Bromine Derivatives

Innovation in bromine derivatives is advancing rapidly, particularly in the development of more efficient and sustainable products. These efforts focus on creating advanced flame retardants that offer enhanced fire resistance with reduced environmental impact, such as those with lower toxicity and improved recyclability. In the water treatment sector, new bromine-based chemicals are being designed to meet stricter environmental standards while maintaining high performance in controlling biological contaminants. These innovations are driven by the increasing regulatory pressures and the growing global emphasis on sustainability, pushing companies to invest in research and development (R&D) to create cost-effective solutions that align with environmental goals. For instance, in March 2024, Archean Chemical's subsidiary, Acume Chemicals initiated the first phase of a production facility for bromine derivative products in Gujarat. The firm reported net sales of Rs 412.63 crore for the December quarter of the 2023-24 fiscal year, with a net profit of Rs 101.53 crore. The company is poised to benefit from the conflict in West Asia, which is anticipated to drive up bromine prices due to a projected slowdown in production in the Dead Sea region.

Increasing Demand for Flame Retardant

The demand for bromine-based flame retardants is increasing significantly, particularly in industries like electronics, automotive, and construction, where fire safety is paramount. These flame retardants are highly effective in reducing flammability and preventing the spread of fire, making them essential in applications such as circuit boards, automotive components, and building materials. The rise in stringent fire safety regulations globally, coupled with the growing awareness of fire hazards, is driving this demand. Additionally, the need for durable, fire-resistant materials in consumer electronics, vehicles, and infrastructure is further boosting the market growth for bromine-based flame retardants, thus solidifying their critical role in safety compliance. For instance, in October 2023, Clariant inaugurated a new state-of-the-art production facility for halogen-free flame retardants in Daya Bay, Huizhou, representing a CHF 60 million investment. This plant will address the growing demands from China- and Asian-based component manufacturers, particularly in the E-mobility and electrical & electronic segments. The new facility strengthens Clariant's position in providing innovative and sustainable fire safety solutions.

Growth in Pharmaceutical and Agrochemical Applications

Bromine compounds play a vital role in the production of pharmaceuticals and agrochemicals, particularly as essential components in biocides and pesticides. The expansion of the pharmaceutical and agrochemical industries, especially in emerging markets, is driving up the demand for these bromine-based compounds. As these industries grow, so does the need for effective and reliable chemical intermediates, with bromine being crucial for synthesizing a wide range of active ingredients. The increasing focus on food security and healthcare in developing regions further fuels this demand, making bromine an indispensable element in supporting global agricultural and pharmaceutical advancements. According to industry reports, India's pharmaceutical industry is growing rapidly, set to reach $65 billion by 2024 and $130 billion by 2030. Currently valued at $50 billion, it serves over 200 countries, supplying over 50% of Africa's generics, 40% of the US market, and 25% of the UK's medicine. India also meets 60% of global vaccine demand, supplying 70% of WHO's essential vaccines. The increasing use of bromine in pharmaceutical and agrochemical applications is one of the significant bromine market growth factors, driven by its essential role in synthesizing active ingredients and enhancing product efficacy. This trend is particularly strong in emerging markets, where the demand for effective biocides, pesticides, and pharmaceuticals continues to rise, further fueling the market's expansion.

Bromine Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on derivative, application and end user.

Breakup by Derivative:

  • Hydrogen Bromide
  • Organobromine Compounds
  • Bromine Fluids
  • Others

Organobromine Compounds accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the derivative. This includes hydrogen bromide, organobromine compounds, bromine fluids, and others. According to the report, organobromine compounds represented the largest segment.

According to bromine market research report, organobromine compounds dominate the bromine market, accounting for the majority of its share due to their extensive use in flame retardants, which are crucial for enhancing fire safety in various materials. These compounds are widely utilized in electronics, textiles, and construction materials, where fire resistance is essential. In line with this, organobromine compounds are key components in pharmaceuticals, agrochemicals, and water treatment processes. Their versatility, effectiveness, and regulatory support in safety applications contribute to their significant market share. As industries continue to prioritize safety and performance, the demand for organobromine compounds is expected to remain strong. These factors are creating numerous business opportunities in the bromine market, particularly in the development and commercialization of advanced flame retardants, water treatment chemicals, and pharmaceutical intermediates, which are increasingly in demand across various industries globally.

Breakup by Application:

  • Biocides
  • Flame Retardants (FR)
  • Bromine-Based Batteries
  • Clear Brine Fluids (CBF)
  • Others

Flame Retardants (FR) holds the largest share of the industry

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes biocides, flame retardants (FR), bromine-based batteries, clear brine fluids (CBF), and others. According to the report, flame retardants (FR) represented the largest segment.

Flame retardants (FR) accounts for the largest market share due to their critical role in reducing the flammability of materials across a wide range of industries. Bromine-based flame retardants are highly effective in slowing the spread of fire and are extensively used in electronics, automotive components, construction materials, textiles, and furniture. The increasing focus on fire safety regulations and the need for compliance with stringent safety standards have driven the demand for bromine-based flame retardants. Their effectiveness in enhancing fire resistance while maintaining material performance makes them indispensable in various manufacturing processes. As safety concerns continue to rise globally, the demand for bromine-based flame retardants is anticipated to grow significantly, thereby creating a positive bromine market outlook.

Breakup by End User:

  • Chemicals
  • Oil and Gas
  • Pharmaceuticals
  • Agriculture
  • Textiles
  • Electronics
  • Others

Chemicals represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on the end user. This includes chemicals, oil and gas, pharmaceuticals, agriculture, textiles, electronics, and others. According to the report, chemicals represented the largest segment.

The chemicals segment holds the largest share of the bromine market, primarily due to the extensive use of bromine in producing a wide range of chemical compounds. Bromine is a critical component in the manufacture of flame retardants, biocides, and various intermediates used in pharmaceuticals, agrochemicals, and other industries. The demand for bromine-based chemicals is driven by their effectiveness in enhancing product performance, particularly in applications requiring fire resistance and microbial control. Additionally, bromine's role in manufacturing specialty chemicals used in water treatment, oil and gas drilling, and other industrial processes are contributing significantly to the rising bromine demand across various industries. This widespread application across multiple industries ensures that the chemicals segment remains a key driver of the bromine market's growth. For instance, in June 2024, SBI Mutual Fund and White Oak Group jointly acquired approximately 5.67% stake in Neogen Chemicals, a leading manufacturer of Bromine-based and Lithium-based specialty chemicals in India. The transaction will support the promoter's long-term financial plans. The company reported improved consolidated revenue of Rs. 691 crores for FY24, emphasizing its expansion into the Battery Materials sector.

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Asia Pacific leads the market, accounting for the largest bromine market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific represents the largest regional market for bromine.

Asia Pacific dominates the bromine market, accounting for the largest share due to the region's extensive industrial base and rapidly expanding chemical manufacturing sector. The high demand for bromine-based flame retardants in the electronics, automotive, and construction industries, particularly in countries like China, India, and Japan, drives this market leadership. For instance, in June 2023, Asia-Potash International Investment (Guangzhou) Co., Ltd, successfully completed a bromine production project in Laos, with an annual output of 10,000 tons of bromine. The project, located in Khammuan province, is expected to contribute to Laos' industrialization and urbanization. Additionally, the region's significant production of bromine, supported by abundant natural resources and cost-effective production methods, further strengthens its position. The increasing focus on fire safety regulations and environmental standards across the region also contributes to the growing use of bromine compounds. As industrialization and urbanization continue to surge in Asia Pacific, the demand for bromine is expected to remain robust, ensuring its market dominance. According to bromine market forecast, the Asia Pacific region is expected to continue its strong growth trajectory, driven by ongoing industrial developments and increasing demand for bromine-based products.

Competitive Landscape:

  • The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the bromine industry include Albemarle Corporation, Chemada Industries Ltd., Gulf Resources Inc., Hindustan Salts Limited, Honeywell International Inc., ICL Group Ltd., Jordan Bromine Company Limited, Lanxess AG, Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.), Tata Chemicals Limited, TETRA Technologies Inc., Tosoh Corporation, etc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

  • The bromine market is highly competitive, with several major players vying for market share. Bromine companies in this industry are specifically focusing on expanding their production capacities and enhancing their distribution networks to cater to the growing demand across various applications, including flame retardants, water treatment, and drilling fluids. The competition is further intensified by the emergence of new entrants, particularly from regions with abundant bromine resources, who are offering cost-effective solutions. In line with this, there is a strong focus on innovation, with companies investing in the development of eco-friendly and high-performance bromine derivatives to meet regulatory requirements and consumer demand for sustainable products. As environmental regulations tighten and demand for advanced materials increases, the bromine market dynamics are expected to shift significantly, with companies striving to differentiate themselves through technological advancements and strategic partnerships.

Bromine Market News:

  • In August 2024, TETRA Technologies, Inc. completed a definitive feasibility study for its Arkansas bromine project, upgrading previously announced bromine resources to reserves. The study indicates a 40-year projected operating life with a 62% internal rate of return for the project. Upon final investment decision, the company expects higher sales volumes and an increase in adjusted EBITDA. The estimated payback for capital expenditures post-FID is 5.7 years.
  • In May 2024, GHCL Limited announced expansion plans with a capital budget of approximately Rs. 224 crores for the financial year 2024-25, including a Rs. 117 crore Bromine project. Additionally, the board approved a greenfield project for a soda ash annual production capacity of 5.5 million tons in Kutch, Gujarat, with an investment of Rs. 4,000 crores.

Key Questions Answered in This Report

  • 1. What was the size of the global bromine market in 2023?
  • 2. What is the expected growth rate of the global bromine market during 2024-2032?
  • 3. What are the key factors driving the global bromine market?
  • 4. What has been the impact of COVID-19 on the global bromine market?
  • 5. What is the breakup of the global bromine market based on the derivative?
  • 6. What is the breakup of the global bromine market based on the application?
  • 7. What is the breakup of the global bromine market based on the end user?
  • 8. What are the key regions in the global bromine market?
  • 9. Who are the key players/companies in the global bromine market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Bromine Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Derivative

  • 6.1 Hydrogen Bromide
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Organobromine Compounds
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Bromine Fluids
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Biocides
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Flame Retardants (FR)
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Bromine-Based Batteries
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Clear Brine Fluids (CBF)
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Others
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by End User

  • 8.1 Chemicals
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Oil and Gas
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Pharmaceuticals
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Agriculture
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Textiles
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Electronics
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Others
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Albemarle Corporation
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Chemada Industries Ltd.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Gulf Resources Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Hindustan Salts Limited
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Honeywell International Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 ICL Group Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Jordan Bromine Company Limited
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Lanxess AG
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Solaris Chemtech Industries Limited (Agrocel Industries Pvt. Ltd.)
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Tata Chemicals Limited
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
    • 14.3.11 TETRA Technologies Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
    • 14.3.12 Tosoh Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Bromine Market: Major Drivers and Challenges
  • Figure 2: Global: Bromine Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Bromine Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Bromine Market: Breakup by Derivative (in %), 2023
  • Figure 5: Global: Bromine Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Bromine Market: Breakup by End User (in %), 2023
  • Figure 7: Global: Bromine Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Bromine (Hydrogen Bromide) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Bromine (Hydrogen Bromide) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Bromine (Organobromine Compounds) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Bromine (Organobromine Compounds) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Bromine (Bromine Fluids) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Bromine (Bromine Fluids) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Bromine (Other Derivatives) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Bromine (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Bromine (Biocides) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Bromine (Biocides) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Bromine (Flame Retardants-FR) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Bromine (Flame Retardants-FR) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Bromine (Bromine-Based Batteries) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Bromine (Bromine-Based Batteries) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Bromine (Clear Brine Fluids-CBF) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Bromine (Clear Brine Fluids-CBF) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Bromine (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Bromine (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Bromine (Chemicals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Bromine (Chemicals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Bromine (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Bromine (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Global: Bromine (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Global: Bromine (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Global: Bromine (Agriculture) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Global: Bromine (Agriculture) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Global: Bromine (Textiles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Global: Bromine (Textiles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Global: Bromine (Electronics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Global: Bromine (Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: Global: Bromine (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: Global: Bromine (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: North America: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: North America: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: United States: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: United States: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Canada: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Canada: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Asia-Pacific: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Asia-Pacific: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: China: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: China: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Japan: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Japan: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: India: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: India: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: South Korea: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: South Korea: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Australia: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Australia: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Indonesia: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Indonesia: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Others: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Others: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Europe: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Europe: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Germany: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Germany: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: France: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: France: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: United Kingdom: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: United Kingdom: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Italy: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Italy: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Spain: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Spain: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Russia: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Russia: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Others: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Others: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 78: Latin America: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 79: Latin America: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 80: Brazil: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 81: Brazil: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 82: Mexico: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 83: Mexico: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 84: Others: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 85: Others: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 86: Middle East and Africa: Bromine Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 87: Middle East and Africa: Bromine Market: Breakup by Country (in %), 2023
  • Figure 88: Middle East and Africa: Bromine Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 89: Global: Bromine Industry: SWOT Analysis
  • Figure 90: Global: Bromine Industry: Value Chain Analysis
  • Figure 91: Global: Bromine Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Bromine Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Bromine Market Forecast: Breakup by Derivative (in Million US$), 2024-2032
  • Table 3: Global: Bromine Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Bromine Market Forecast: Breakup by End User (in Million US$), 2024-2032
  • Table 5: Global: Bromine Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Bromine Market: Competitive Structure
  • Table 7: Global: Bromine Market: Key Players