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市場調查報告書
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1626484

溴衍生物市場:按衍生物、應用、最終用戶產業和地區劃分,2024 年至 2031 年

Bromine Derivatives Market by Derivatives, Application, End-User Industry, & Region for 2024-2031

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

價格
簡介目錄

溴衍生物市場評估,2024 年至 2031 年

溴化合物在水處理溶液、農藥和藥品中的使用日益增多,預計將推動溴衍生物市場的發展,迫使企業發揮創造力和實用性,以滿足嚴格的法規要求並提高產品性能。衍生物市場預計由於對化學解決方案的需求而快速增長。據 Verified Market Research 分析師稱,溴衍生物市場估值預計將在 2024 年下降至約 49 億美元,並在預測期內達到 70.5 億美元的估值。

電子、汽車、建築等多個產業對阻燃劑的需求不斷增加,從而推動了溴衍生物市場的發展。 2024 年至 2031 年的複合年增長率為 5.12%。

溴衍生物市場定義/概述

溴衍生物是溴與其他元素反應生成的化合物,如溴化鈉、溴化鈣和四溴雙酚A等物質。阻燃劑通常用於電子、紡織品和建築材料以提高防火安全性,以及在石油和天然氣鑽探中淨化鹽水流體。此外,溴衍生物在製藥、農業(作為殺生物劑)和水處理過程中也發揮關鍵作用,在提高整個工業的安全性和效率方面發揮著至關重要的作用。

哪些因素推動了溴衍生物市場的需求?

電子產業的興起和嚴格的消防安全標準正在推動對溴系阻燃劑的需求。根據國際電信聯盟(ITU)的數據,2021年全球網路用戶將達到49億,比2019年成長17%。電子設備使用量的快速成長推動了家用電器對阻燃劑的需求,從而擴大了溴衍生物的市場。

溴衍生物通常用作石油和天然氣勘探中的鑽井液。根據美國能源資訊署(EIA)的數據,預計2020年至2025年間全球石油產量將成長7%。石油和天然氣活動的增加推動了對含有溴化合物的透明鹽水溶液的需求,用於深水和高溫鑽井作業。

此外,對水處理解決方案的不斷增長的需求正在推動溴衍生物市場的發展。世界衛生組織(WHO)預測,到2025年,全球一半人口將居住在缺水地區。這促使溴化殺菌劑在水處理中的使用量增加。 Verified Market Research預測,到2031年全球含溴衍生物的水處理化學品市場規模將達到1,010.2億美元。

哪些因素阻礙了溴衍生物市場的成長?

溴的成本高是溴衍生物市場發展的一大阻礙因素。從天然來源萃取和加工溴的成本很高,因此溴化合物的生產成本也很高。如此高的成本使得製造商不願意在其產品中使用溴,尤其是在有更便宜的選擇時。結果,公司難以維持有競爭力的價格,從而限制了市場擴張。

另一個障礙是含溴礦物的稀缺。溴的供應主要基於特殊的地質構造,這些構造在地球上分佈並不均勻。這種有限的供應造成了供應鏈中斷和價格波動,為企業帶來了不確定性。隨著對溴衍生物的需求不斷增加,這些自然資源的壓力可能會增加,從而限制生產能力和市場擴張。

目錄

第 1 章簡介

  • 市場定義
  • 市場區隔
  • 研究方法

第 2 章執行摘要

  • 主要發現 市場概況 市集亮點

第3章 市場概覽

  • 市場規模與成長潛力
  • 市場趨勢
  • 市場推動因素
  • 市場限制
  • 市場機會
  • 波特五力分析

第4章 溴衍生物市場(依衍生物)

  • 溴化鈉
  • 溴化鈣
  • 溴化鋅
  • 四溴雙酚 A
  • 二丁基二苯醚
  • 其他

第5章 溴衍生物市場(依應用)

  • 阻燃劑
  • 有機中間體
  • 石油和天然氣鑽探
  • 殺菌劑
  • PTA 合成
  • 其他

第6章 溴衍生物市場(依最終用戶產業劃分)

  • 化學
  • 建築
  • 石油和天然氣
  • 藥品 電子產品
  • 其他

第 7 章 區域分析

  • 北美洲
  • 美國
  • 加拿大
  • 墨西哥
  • 歐洲
  • 英國
  • 德國
  • 法國
  • 義大利 亞太地區
  • 中國
  • 日本
  • 印度
  • 澳大利亞
  • 拉丁美洲
  • 巴西
  • 阿根廷
  • 智利
  • 中東和非洲
  • 南非
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國

第 8 章 市場動態

  • 市場推動因素
  • 市場限制
  • 市場機會
  • COVID-19 市場影響

第 9 章 競爭格局

  • 大型公司
  • 市佔率分析

第10章 公司簡介

  • Albemarle Corporation
  • LANXESS
  • Israel Chemicals Limited
  • Tata Chemicals Limited
  • Chemtura Corporation
  • Jordan Bromine Company
  • Gulf Resources, Inc.
  • Hindustan Salts Limited
  • TETRA Technologies, Inc.
  • Tosoh Corporation

第 11 章 市場展望與機會

  • 新興技術
  • 未來市場趨勢
  • 投資機會

第 12 章附錄

  • 縮寫列表
  • 來源與參考文獻
簡介目錄
Product Code: 26080

Bromine Derivatives Market Valuation - 2024-2031

The growing use of brominated compounds in water treatment solutions, agrochemicals, and pharmaceuticals is expected to propel the market for bromine derivatives, which is expected to grow quickly as businesses look for creative and practical chemical solutions to meet strict regulations and improve product performance. According to the analyst from Verified Market Research, the bromine derivatives market is estimated to reach a valuation of USD 7.05 Billion over the forecast subjugating around USD 4.9 Billion valued in 2024.

The need for flame retardants, which are necessary to improve fire safety regulations in several industries, including electronics, automotive, and construction, is driving the bromine derivatives market. It enables the market to grow at a CAGR of 5.12% from 2024 to 2031.

Bromine Derivatives Market: Definition/ Overview

Bromine derivatives are chemical compounds created when bromine reacts with other elements, producing substances such as sodium bromide, calcium bromide, and tetrabromobisphenol A. Due to their distinctive features, these compounds are widely used in a variety of industries. Flame retardants are commonly used in electronics, textiles, and construction materials to improve fire safety, as well as in oil and gas drilling to clear brine fluids. Furthermore, bromine derivatives have major roles in pharmaceuticals, agriculture as biocides, and water treatment processes, making them critical in enhancing safety and efficiency across industries.

What are the Factors that Surge the Demand for Bromine Derivatives Market?

The increasing electronics industry and strict fire safety standards are pushing up demand for bromine-based flame retardants. According to the International Telecommunication Union (ITU), global Internet users reached 4.9 billion in 2021, up 17% from 2019. This spike in electronic device usage is driving up demand for flame retardants in consumer electronics, increasing the bromine derivatives market.

Bromine derivatives are commonly utilized as drilling fluids in oil and gas exploration. According to the US Energy Information Administration (EIA), worldwide oil production is predicted to increase by 7% between 2020 and 2025. The increase in oil and gas activity is pushing up demand for clear brine fluids containing bromine compounds for drilling operations in deep-water and high-temperature wells.

Furthermore, the rising need for water treatment solutions is driving the bromine derivatives market. The World Health Organization (WHO) predicts that by 2025, half of the global population will live in water-stressed areas. This has resulted in an increased use of bromine-based biocides for water treatment. Verified Market Research predicts that the global market for water treatment chemicals, which includes bromine derivatives, will reach $101.02 billion by 2031.

What Factors Hinder the Growth of the Bromine Derivatives Market?

The high cost of bromine is a significant limitation of the bromine derivatives market. Bromine extraction and processing from natural sources are expensive, increasing the cost of producing bromine compounds. This high cost discourages manufacturers from employing bromine in their products, especially when cheaper options exist. As a result, corporations confront difficulty in maintaining competitive pricing, thereby limiting market expansion.

Furthermore, the scarcity of minerals containing bromine is another obstacle. Bromine's supply is mostly based on unique geological formations that are not evenly distributed around the planet. This limited availability causes supply chain interruptions and pricing volatility, generating uncertainty for businesses. As demand for bromine derivatives develops, the pressure on these natural resources increases, potentially limiting production capacities and market expansion.

Category-Wise Acumens

How Does Growing Demand in the Oil & Gas Sector Propel the Demand for Sodium Bromide?

According to VMR Analysis, the sodium bromide segment is estimated to hold the largest market share during the forecast period. The increased demand for sodium bromide in the oil and gas sector is one of the factors driving its dominance. As worldwide exploration and production activities expand, so does the demand for effective drilling fluids. Sodium bromide's qualities make it perfect for use in high-density brine solutions, making it appealing to oil and gas industries looking for dependable and efficient materials for their operations.

The growing use of water treatment applications is another important factor. Sodium bromide is widely acknowledged as an excellent disinfectant, particularly in swimming pools and spas. The growing emphasis on water quality and safety, combined with urbanization and industrialization, is driving increased demand for sodium bromide in water treatment applications, reinforcing its market position.

Furthermore, the increasing pharmaceutical sector is a major driver of sodium bromide's market share. Its use as an intermediary in the manufacture of several medicinal substances drives up its demand. As the worldwide pharmaceutical sector grows, the demand for dependable and effective bromine derivatives such as sodium bromide increases, consolidating its market position.

How Does Demand in the Chemical Industry Propel the Demand for Bromine Derivatives Market?

The chemical segment is estimated to dominate the bromine derivatives market during the forecast period. The rising need for flame retardants in a variety of applications, especially in the chemical sector, is one important driver. Bromine derivatives are critical for manufacturing effective flame retardants that meet stringent safety requirements, particularly in consumer electronics and construction materials. The growing emphasis on safety rules is driving demand for brominated compounds, cementing the chemical segment's dominance.

The growth of the pharmaceutical industry, where bromine derivatives are essential for the synthesis of active medicinal components, is another driver. The continued breakthroughs in drug discovery and the launch of new treatments are greatly increasing the need for brominated chemicals. This increase in the pharmaceutical business contributes to the chemical segment's dominant position in the bromine derivatives market.

Furthermore, the increasing use of bromine derivatives in agrochemicals is boosting the chemical segment's growth. The use of brominated chemicals in insecticides and herbicides increases agricultural output and pest control efficiency. As worldwide food demand grows, the agricultural sector's reliance on effective bromine-based solutions boosts the chemical segment's market share.

Country/Region-wise Acumens

How Does the Rapid Growth in Electronics Manufacturing Influencing the Market in Asia Pacific?

According to VMR Analyst, the Asia Pacific region is estimated to dominate the bromine derivatives market during the forecast period. The Asia Pacific region, particularly China, Japan, and South Korea, leads the global electronics manufacturing sector. The United Nations Conference on Trade and Development (UNCTAD) estimates that Asia accounts for roughly 80% of global electronics exports. China alone shipped USD 671 Billion worth of electronics in 2020. This enormous electronics industry fuels demand for bromine-based flame retardants, which are a major portion of the bromine derivatives market.

The construction industry in Asia Pacific is booming, with a growing emphasis on fire safety. The Asian Development Bank (ADB) estimates that the region would need to invest $26 trillion in infrastructure between 2016 and 2030. The increase in construction activity, combined with tougher fire safety regulations, is boosting demand for bromine-based flame retardants in building materials, insulation, and furnishings.

Furthermore, rapid urbanization in the Asia Pacific is driving up the demand for water treatment products, particularly bromine-based biocides. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the region's urban population is projected to increase from 2.3 billion in 2019 to 3.5 billion by 2050. This urbanization is stressing water supplies, demanding modern water treatment systems that use bromine compounds.

What Factors Contribute to the Potential Opportunities in the North American Region?

North America is estimated to exhibit substantial growth within the bromine derivatives market during the forecast period. North America has established stringent fire safety regulations, increasing demand for bromine-based flame retardants. According to the National Fire Protection Association (NFPA), there were 1,291,500 fires reported in the United States in 2019, totaling USD 14.8 Billion in property damage. This has resulted in greater use of flame retardants in construction materials and automotive components, hence strengthening the region's bromine derivatives market.

The shale gas development in North America has driven up demand for clear brine fluids containing bromine compounds. According to the Energy Information Administration (EIA), shale gas production in the United States has increased from roughly 1 trillion cubic feet in 2006 to nearly 26.3 trillion cubic feet in 2020, accounting for 79% of total natural gas production. This surge in shale gas activities is driving the demand for bromine derivatives used in drilling fluids.

Furthermore, the North American region is becoming increasingly concerned about water quality and shortage, prompting increased investment in water treatment technologies. The US Environmental Protection Agency (EPA) estimates that maintaining and improving drinking water infrastructure in the United States will cost USD 472.6 Billion over the next 20 years. This emphasis on water treatment is increasing the demand for bromine-based biocides and other water treatment chemicals in the region.

Competitive Landscape

The competitive landscape of the bromine derivatives market is characterized by a mix of established global businesses and developing regional firms, resulting in a dynamic environment that encourages innovation and expansion. The market is highly fragmented, with companies focused on specific categories including flame retardants, biocides, and pharmaceuticals.

Some of the prominent players operating in the bromine derivatives market include:

Albemarle Corporation

LANXESS

Israel Chemicals Limited

Tata Chemicals Limited

Chemtura Corporation

Jordan Bromine Company

Gulf Resources, Inc.

Hindustan Salts Limited

TETRA Technologies, Inc.

Tosoh Corporation

Latest Developments

In March 2024, Archean Chemical Industries started manufacturing bromine derivative goods. The unit has commissioned the production plant for bromine derivative products.

In August 2021, the Environmental Protection Agency (EPA) updated standards for using methyl bromide as a quarantine and pre-shipment fumigant for logs kept in a ship's hold, beginning January 1st, 2023.

Bromine Derivatives Market, By Category

  • Derivatives:
  • Sodium Bromide
  • Calcium Bromide
  • Zinc Bromide
  • TBBPA
  • DBDPE
  • Others
  • Application:
  • Flame Retardant
  • Organic Intermediates
  • Oil & Gas Drilling
  • Bodices
  • PTA Synthesis
  • Others
  • End-User Industry:
  • Chemical
  • Construction
  • Oil & Gas
  • Pharmaceutical
  • Electronics
  • Others
  • Region:
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

TABLE OF CONTENTS

1. Introduction

  • Market Definition
  • Market Segmentation
  • Research Methodology

2. Executive Summary

  • Key Findings
  • Market Overview
  • Market Highlights

3. Market Overview

  • Market Size and Growth Potential
  • Market Trends
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Porter's Five Forces Analysis

4. Bromine Derivatives Market, By Derivative

  • Sodium Bromide
  • Calcium Bromide
  • Zinc Bromide
  • TBBPA
  • DBDPE
  • Others

5. Bromine Derivatives Market, By Application

  • Flame retardants
  • Organic Intermediates
  • Oil & gas drilling
  • Biocides
  • PTA Synthesis
  • Other

6. Bromine Derivatives Market, By End-User Industry

  • Chemicals
  • Construction
  • Oil & gas
  • Pharmaceuticals
  • Electronics
  • Other

7. Regional Analysis

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Latin America
  • Brazil
  • Argentina
  • Chile
  • Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE

8. Market Dynamics

  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Impact of COVID-19 on the Market

9. Competitive Landscape

  • Key Players
  • Market Share Analysis

10. Company Profiles

  • Albemarle Corporation
  • LANXESS
  • Israel Chemicals Limited
  • Tata Chemicals Limited
  • Chemtura Corporation
  • Jordan Bromine Company
  • Gulf Resources, Inc.
  • Hindustan Salts Limited
  • TETRA Technologies, Inc.
  • Tosoh Corporation

11. Market Outlook and Opportunities

  • Emerging Technologies
  • Future Market Trends
  • Investment Opportunities

12. Appendix

  • List of Abbreviations
  • Sources and References