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市场调查报告书
商品编码
1561495

2024-2032 年按衍生物、应用（杀菌剂、阻燃剂、溴基电池、透明盐水等）、最终用户和地区分類的溴市场报告

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个工作天内

价格

2023年全球IMARC Group市场规模达35亿美元。该市场正在经历显着成长，主要是由于阻燃剂、药品和农业化学品的需求不断增长。电子和建筑领域对消防安全的日益增长的需求也对市场成长做出了积极贡献。

溴市场分析：

  • 主要市场驱动因素：主要市场驱动因素包括由于严格的消防安全法规，电子、汽车和建筑业对阻燃剂的需求不断增长。溴在药品和农业化学品的使用不断增加，特别是在新兴市场，也推动了成长。此外，溴产量的扩大以及溴衍生物技术的进步也支持了市场的扩张。对水处理和环境应用的日益关注进一步增加了对溴化合物的需求。
  • 主要市场趋势：在阻燃剂、水处理化学品以及石油和天然气钻井液需求不断增长的推动下，市场正在稳步增长。与此一致的是，溴在製药业的使用不断增加以及环保溴基解决方案的开发是主要趋势。市场也受惠于溴萃取技术的进步和主要产区产能的扩大。
  • 地理趋势：溴市场的地理趋势凸显了亚太地区的主导地位，特别是中国，因为其广泛的工业基础和不断增长的阻燃剂需求。中东也正在成为一个关键参与者，利用其巨大的溴储量和扩大的生产能力。同时，在环境法规的推动下，北美和欧洲正在经历适度的成长，这些法规促进了溴在水处理和汞排放控制应用中的使用，从而促进了区域市场的动态。
  • 竞争格局：溴产业的一些主要市场参与者包括 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。
  • 挑战与机会：市场面临各种挑战，例如与其提取和使用相关的环境问题，以及严格的监管限制。然而，能源储存（特别是液流电池）等应用对溴的需求不断增长，以及环保溴基产品的开发也带来了机会。此外，提取技术的进步和新兴市场投资的增加为该行业带来了巨大的成长潜力，平衡了挑战与光明的前景。

溴市场趋势：

溴衍生物的创新

溴衍生物的创新正在迅速推进，特别是在开发更有效率、更永续的产品方面。这些努力的重点是创造先进的阻燃剂，以增强耐火性并减少对环境的影响，例如具有较低毒性和提高可回收性的阻燃剂。在水处理领域，人们正在设计新型溴基化学品，以满足更严格的环境标准，同时保持控制生物污染物的高性能。这些创新是由日益增加的监管压力和全球对永续发展日益重视所推动的，推动公司投资研发 (R&D)，以创建符合环境目标的经济高效的解决方案。例如，2024年3月，Archean Chemical的子公司Acume Chemicals在古吉拉特邦启动了溴衍生产品生产设施的第一阶段建设。该公司公布的 2023-24 财年第四季净销售额为 41.263 亿卢比，净利润为 10.153 亿卢比。该公司预计将从西亚衝突中受益，由于死海地区产量预计放缓，预计该衝突将推高溴价格。

对阻燃剂的需求不断增加

对溴系阻燃剂的需求正在显着增加，特别是在电子、汽车和建筑等消防安全至关重要的行业。这些阻燃剂在降低可燃性和防止火势蔓延方面非常有效，使其在电路板、汽车零件和建筑材料等应用中至关重要。全球严格的消防安全法规的兴起，加上人们对火灾危险意识的不断增强，正在推动这项需求。此外，消费性电子产品、车辆和基础设施对耐用、阻燃材料的需求进一步推动了溴基阻燃剂的市场成长，巩固了其在安全合规方面的关键作用。例如，2023 年 10 月，科莱恩投资 6,000 万瑞士法郎在惠州大亚湾新建了一座最先进的无卤化阻燃剂生产设施。该工厂将满足中国和亚洲零件製造商不断增长的需求，特别是在电动车和电气电子领域。新工厂巩固了科莱恩在提供创新和永续消防安全解决方案方面的地位。

製药和农业化学品应用的成长

溴化合物在药品和农业化学品的生产中发挥着至关重要的作用，特别是作为杀菌剂和杀虫剂的重要成分。製药和农化产业的扩张，特别是在新兴市场，正在推动对这些溴基化合物的需求。随着这些产业的发展，对有效、可靠的化学中间体的需求也在增长，其中溴对于合成各种活性成分至关重要。发展中地区对粮食安全和医疗保健的日益关注进一步推动了这一需求，使溴成为支持全球农业和製药进步不可或缺的元素。根据产业报告称，印度製药业正在快速成长，预计到2024 年将达到650 亿美元，到2030 年将达到1,300 亿美元。的仿製药、美国40% 以上的仿製药。印度也满足了全球60%的疫苗需求，供应了世卫组织70%的基本疫苗。溴在医药和农业化学品应用的使用不断增加是溴市场成长的重要因素之一，其驱动因素是其在合成活性成分和增强产品功效方面的重要作用。这一趋势在新兴市场尤其强劲，这些市场对有效杀菌剂、杀虫剂和药品的需求持续成长，进一步推动了市场的扩张。

溴市场细分：

IMARC Group提供了每个细分市场的主要趋势分析，以及 2024-2032 年全球、区域和国家层面的预测。我们的报告根据衍生性商品、应用程式和最终用户对市场进行了分类。

按衍生性商品细分：

  • 溴化氢
  • 有机溴化合物
  • 溴液
  • 其他的

有机溴化合物占据大部分市场份额

该报告提供了基于衍生性商品的详细市场区隔和分析。这包括溴化氢、有机溴化合物、溴液等。根据该报告，有机溴化合物占最大部分。

根据溴市场研究报告，有机溴化合物在溴市场中占据主导地位，由于其广泛用于阻燃剂而占据了大部分份额，而阻燃剂对于提高各种材料的防火安全至关重要。这些化合物广泛应用于电子、纺织品和建筑材料中，这些领域的防火性至关重要。与此一致，有机溴化合物是药品、农业化学品和水处理製程的关键成分。它们在安全应用方面的多功能性、有效性和监管支援为其带来了巨大的市场份额。随着业界继续优先考虑安全和性能，对有机溴化合物的需求预计将保持强劲。这些因素正在溴市场创造大量商机，特别是在先进阻燃剂、水处理化学品和医药中间体的开发和商业化方面，全球各行业对这些产品的需求日益增长。

按应用划分：

  • 杀菌剂
  • 阻燃剂（FR）
  • 溴基电池
  • 透明食盐水 (CBF)
  • 其他的

阻燃剂（FR）产业份额最大

报告还提供了基于应用程式的详细市场细分和分析。这包括杀菌剂、阻燃剂 (FR)、溴基电池、透明盐水 (CBF) 等。根据该报告，阻燃剂（FR）代表了最大的部分。

阻燃剂 (FR) 占据最大的市场份额，因为它们在降低各行业材料的可燃性方面发挥关键作用。溴基阻燃剂在减缓火势蔓延方面非常有效，广泛用于电子、汽车零件、建筑材料、纺织品和家具。对消防安全法规的日益关注以及遵守严格安全标准的需求推动了对溴系阻燃剂的需求。它们在增强耐火性的同时保持材料性能的有效性使得它们在各种製造过程中不可或缺。随着全球安全担忧持续上升，预计对溴系阻燃剂的需求将大幅增长，从而创造积极的溴市场前景。

按最终用户划分：

  • 化学品
  • 石油和天然气
  • 药品
  • 农业
  • 纺织品
  • 电子产品
  • 其他的

化学品代表了领先的细分市场

该报告提供了基于最终用户的详细市场细分和分析。这包括化学品、石油和天然气、製药、农业、纺织、电子等。根据该报告，化学品占最大部分。

化学品领域占据了溴市场的最大份额，这主要是由于溴在生产各种化合物时被广泛使用。溴是製造阻燃剂、杀菌剂以及用于製药、农业化学品和其他行业的各种中间体的关键成分。对溴基化学品的需求是由于其在提高产品性能方面的有效性而推动的，特别是在需要防火和微生物控制的应用中。此外，溴在製造水处理、石油和天然气钻探以及其他工业过程中使用的特种化学品方面所发挥的作用，极大地促进了各行业对溴的需求不断增长。这种在多个行业的广泛应用确保了化学品领域仍然是溴市场成长的关键驱动力。例如，2024年6月，SBI共同基金和White Oak Group共同收购了印度领先的溴基和锂基特种化学品製造商Neogen Chemicals约5.67%的股权。该交易将支持发起人的长期财务计划。该公司报告称综合收入提高了卢比。 2024 财年营收 69.1 亿卢比，强调向电池材料领域的扩张。

按地区划分：

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲

亚太地区引领市场，占据最大的溴市场份额

该报告还对所有主要区域市场进行了全面分析，其中包括北美（美国和加拿大）；欧洲（德国、法国、英国、义大利、西班牙、俄罗斯等）；亚太地区（中国、日本、印度、韩国、澳洲、印尼等）；拉丁美洲（巴西、墨西哥等）；以及中东和非洲。报告称，亚太地区是最大的溴区域市场。

亚太地区在溴市场占据主导地位，由于该地区广泛的工业基础和快速扩张的化学製造业而占据最大份额。电子、汽车和建筑业，特别是在中国、印度和日本等国家，对溴基阻燃剂的高需求推动了这个市场领先地位。例如，2023年6月，亚洲钾肥国际投资（广州）有限公司在寮国顺利完工溴生产项目，年产1万吨溴。该项目位于甘蒙省，预计将为寮国工业化和城市化做出贡献。此外，在丰富的自然资源和具有成本效益的生产方法的支持下，该地区的溴产量巨大，进一步巩固了其地位。该地区对消防安全法规和环境标准的日益关注也导致了溴化合物的使用不断增加。随着亚太地区工业化和城市化的不断发展，溴的需求预计将保持强劲，确保其市场主导地位。根据溴市场预测，在持续的工业发展和对溴基产品需求不断增长的推动下，亚太地区预计将继续保持强劲的成长轨迹。

（请注意，这只是关键参与者的部分列表，报告中提供了完整列表。）

  • 溴市场竞争激烈，几家主要厂商都在争夺市场份额。该行业的溴公司特别注重扩大生产能力和增强分销网络，以满足阻燃剂、水处理和钻井液等各种应用不断增长的需求。新进者的出现进一步加剧了竞争，特别是来自溴资源丰富地区的新进者，他们提供了具有成本效益的解决方案。与此一致的是，公司非常注重创新，投资开发环保和高性能的溴衍生物，以满足监管要求和消费者对永续产品的需求。随着环境法规的收紧和对先进材料需求的增加，溴市场动态预计将发生重大变化，各公司将努力透过技术进步和策略合作伙伴关係来使自己脱颖而出。

溴市场新闻：

  • 2024 年 8 月，TETRA Technologies, Inc. 完成了阿肯色州溴计画的最终可行性研究，将先前宣布的溴资源升级为储量。研究表明，该项目的预计营运寿命为 40 年，内部回报率为 62%。根据最终投资决定，该公司预计销售量会增加，调整后的 EBITDA 也会增加。 FID 后资本支出的预计回收期为 5.7 年。
  • 2024 年 5 月，GHCL Limited 宣布了扩张计划，资本预算约为卢比。 2024-25 财年为 22.4 亿卢比，其中包括卢比。 11.7亿卢比的溴项目。此外，董事会也批准了古吉拉特邦卡奇年产 550 万吨纯碱的绿地项目，投资金额为 100 亿卢比。 400亿卢比。

本报告回答的关键问题

  • 2023年全球溴市场规模是多少
  • 2024-2032年全球溴市场的预期成长率是多少
  • 推动全球溴市场的关键因素有哪些
  • COVID-19 对全球溴市场有何影响
  • 基于衍生性商品的全球溴市场细分是怎样的
  • 根据应用，全球溴市场的细分如何
  • 基于最终用户的全球溴市场细分是怎样的
  • 全球溴市场的重点地区有哪些
  • 谁是全球溴市场的主要参与者/公司

本报告回答的关键问题

  • 2023年全球溴市场规模有多大？ 2024-2032年全球溴市场的预期成长率是多少？
  • 推动全球溴市场的关键因素是什么？
  • COVID-19 对全球溴市场有何影响？
  • 基于衍生性商品的全球溴市场的分化是什么？
  • 根据应用，全球溴市场的细分情况如何？
  • 根据最终用户，全球溴市场的细分情况如何？
  • 全球溴市场的重点地区有哪些？
  • 全球溴市场的主要参与者/公司有哪些？

目录

第一章：前言

第 2 章：范围与方法

  • 研究目的
  • 利害关係人
  • 数据来源
    • 主要来源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章：执行摘要

第 4 章：简介

  • 概述
  • 主要行业趋势

第 5 章：全球溴市场

  • 市场概况
  • 市场表现
  • COVID-19 的影响
  • 市场预测

第 6 章：市场区隔：依衍生性商品分类

  • 溴化氢
    • 市场趋势
    • 市场预测
  • 有机溴化合物
    • 市场趋势
    • 市场预测
  • 溴液
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 7 章：市场区隔：按应用

  • 杀菌剂
    • 市场趋势
    • 市场预测
  • 阻燃剂（FR）
    • 市场趋势
    • 市场预测
  • 溴基电池
    • 市场趋势
    • 市场预测
  • 透明食盐水 (CBF)
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 8 章：市场区隔：依最终用户

  • 化学品
    • 市场趋势
    • 市场预测
  • 石油和天然气
    • 市场趋势
    • 市场预测
  • 药品
    • 市场趋势
    • 市场预测
  • 农业
    • 市场趋势
    • 市场预测
  • 纺织品
    • 市场趋势
    • 市场预测
  • 电子产品
    • 市场趋势
    • 市场预测
  • 其他的
    • 市场趋势
    • 市场预测

第 9 章：市场区隔：按地区

  • 北美洲
    • 美国
    • 加拿大
  • 亚太
    • 中国
    • 日本
    • 印度
    • 韩国
    • 澳洲
    • 印尼
    • 其他的
  • 欧洲
    • 德国
    • 法国
    • 英国
    • 义大利
    • 西班牙
    • 俄罗斯
    • 其他的
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他的
  • 中东和非洲
    • 市场趋势
    • 市场细分：按国家/地区
    • 市场预测

第 10 章：SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 11 章：价值链分析

第 12 章：波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第 13 章：价格分析

第14章：竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • 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