Title: Hydrobromic Acid Prices, News, Demand & Supply | ChemAnalyst
1Hydrobromic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview For the Quarter Ending March
2021 North America During Q1 2021, demand for
Hydrobromic Acid remained in a narrow range as
downstream industries effectively reduced their
operations across the region. The reason behind
this fall in production activity was low
availability of raw materials followed by the
aftereffects of the winter storm during February
in the Gulf of USA. Meanwhile, the imports of
feedstock Bromine from other countries remained
low due to critical weather conditions. Get more
info https//www.chemanalyst.com/Pricing-data/hyd
robromic-acid-1135
2Hydrobromic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Asia In the Asian market, prices of Hydrobromic
Acid fluctuated effectively with lower
availability and demand from downstream
industries. During this quarter, in the Indian
market prices of feedstock Bromine generally
surge due to low availability of Brine solution.
With ease in winter conditions, February onwards
prices showed stability in its value and started
falling in March, when the inventories picked up
adequate level. Similar scenario was observed
with Chinese market where 1.65 rise in bromine
prices led HBr prices to rise marginally, which
finally settled down at USD 1910/MT during March
2021. Europe Europe witnessed feeble demand
for Hydrobromic Acid, post sudden surge in COVID
19 cases which slowed down the industrial
activities of the region. Amidst low demand and
slow production rate, procurement of raw
materials was also a big issue for traders, as
the trading activities were curtailed by the
unfavourable weather conditions. In addition,
demand from Zinc Bromide sector was reduced as
the European automotive industry followed slow
recovery. How we can help ChemAnalyst addresses
the key problematic areas and risks associated
with chemical and petrochemical business globally
and enables the decision-maker to make smart
choices. It identifies and analyses factors such
as geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally.
3Hydrobromic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Hydrobromic acid manufacturers, spread
across the domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market. Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Hydrobromic acid market.
The team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility. Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe. Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
Hydrobromic acid market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis. Finally, region-specific markets for
Hydrobromic acid are analyzed and region-wise
demand pattern is tracked.
4Hydrobromic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
- About
- Hydrobromic Acid is a colourless or light-yellow
liquid formed by the combination of a single atom
of hydrogen and bromine. It has a boiling point
of 120C and melting point -110C. It is
synthesized by dissolving gaseous hydrogen
bromide (48) in water (62). Due to its
catalytic properties, Hydrobromic Acid is used in
extraction of most of the metals. Hydrobromic
acid is also used to manufacture organic or
inorganic bromides such as Calcium Bromide,
Sodium Bromide and Zinc Bromide. Sodium Bromide
is used in medical industry to make
anticonvulsant, hypnotic, and sedative. Calcium
bromide is used in food industry as preservative
whereas Zinc bromide is used in automobile
industry to manufacture zinc batteries. Even
after being highly corrosive in nature,
Hydrobromic Acid cannot be replaced as a catalyst
in the industries, that creates abundant
opportunities for its market growth. - Product Specific Details
-
- CAS No. 10035-10-6 HS Code 28111990 Grade Tec
hnical Grade Packaging Size Drum/tank Incoterms
CFR, FOB, Ex-Works, Bulk Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5Hydrobromic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
CHEMANALYST B-44, Sector -57, Noida, National
Capital Region, UP, India 201301 Tel
91-120-4523900 E sales_at_chemanalyst.com