Global Bromine Market Size, Growth, Industry Trends Forecasts 2025

1
Global Bromine Market

• Drivers, Restraints, Potential Growth
  Opportunities, Vendor Competitive Landscape,
  Trends and Forecast 2018

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2
Global Bromine Market Size, Status and Forecast
2018-2025

• The Global Bromine Market value was accounted for
  USD XXX Billion in 2017 and is predicted to reach
  USD XXX Billion in the forecast period. The
  growth is predicted to be at a CAGR of XX
  during the forecast period. Bromine is an
  extremely explosive and corrosive element, it is
  a red brown liquid at room temperature and
  readily evaporates to form metals when in contact
  with great pressures. Also, it is similar to
  halogen having features similar to both chlorine
  and iodine. Bromine is a crystalline mineral
  halide salt and is present in various categories
  of organ bromine compounds, hydrogen bromide,
  bromine fluids, and others. Bromine is a natural
  element that can be easily found in sea, lakes,
  and underground wells. Dead-sea is the richest
  resource to find bromine.
• Bromine and its byproducts are more and more
  being popularly used in reducing the mercury
  discharge from smokestacks of coal-fired plants
  that is hazardous to humans. Actually, many
  governments have regulations to arrest/punish
  responsible for mercury emission. This as a
  result has caused a boost to the global bromine
  market. Besides, bromine is similarly used in
  water treatment be it industrial water
  treatment or commercial water purification or
  residential. This is another factor driving the
  growth of global bromine industry.

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Global Bromine Market Size, Status and Forecast
2018-2025

• Bromine industry is impacted negatively, due to
  the point that bromine is a dangerous waste. The
  process of disposal has to be very careful with
  minimum damage to the surroundings. Also, the
  vapor produced by bromine is highly corrosive
  which aggravates in the presence of moisture due
  to the acids formed. An important factor for
  Bromine is to keep it dry during transportation
  and storage.
• The Bromine market size can be segmented on the
  basis of applications, end-user industry, and
  geography. On the basis of applications bromine
  market is segmented as drilling fluids, flame
  retardants, catalysts, biocides, water treatment
  and many others. Flame retardants hold the major
  bromine market share, owing to its wide use in
  range of products plastics, textiles, and
  electrical equipment. Bromine is also used as
  clear brine fluids for use in drilling fluids. By
  end-use industry, bromine market is divided into
  chemicals, oil and gas, pharmaceuticals,
  electronics and textiles and so on. The chemical
  segment is the highest contributor in the
  industry and is expected to show a linear growth
  during the forecast period. Growth in the oil and
  gas industry is expected due to the growing
  demand for clear brine fluids for oil and gas
  drilling. However, the electronics segment might
  experience some downfall due to government
  restrictions.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/bromine-market

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Global Bromine Market Size, Status and Forecast
2018-2025

• On the basis of region, the global bromine
  industry is segmented into North America, Latin
  America, Europe, Asia Pacific (APAC) and Middle
  East and Africa (MEA). Asia Pacific (APAC) is
  likely to be the fastest rising segment during
  the forecast period. North America and Europe are
  mature markets for bromine and are tending
  towards partial use of brominated flame
  retardants due to environmental regulations about
  its hazardous nature. Key players in the global
  bromine market are Israel Chemical Ltd. (ICL),
  Gulf Resources Inc, lbemarle Corporation, and
  Jordan Bromine Company Limited.
• Purchase a single user copy of the global garnet
  market report _at_ https//www.adroitmarketresearch.c
  om/researchreport/purchase/167

5
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