Title: mayuri67 (1)
1 Bromine Market 2030
Industry
Survey, Growth, Competitive Landscape
and Forecasts to
2030
2Bromine Market 2030
Bromine Market 2030 Industry Survey, Growth,
CompetitiveLandscape and Forecasts to 2030
- The global Bromine Market is likely to grow at a
significant CAGR between 2021- 2030, reveals the
new Market Research Future (MRFR) report. Bromine
is mostly used as a reactant and catalyst to
produce products such as photographic chemicals,
flame retardants, dyes, disinfectants,
pharmaceuticals, agrochemicals, biocides, and
others. - It is a corrosive and highly volatile chemical
element which at room temperature, is a fuming
red-brown liquid and evaporates readily to form
metals in extreme pressures. This is a halogen
that has properties of both iodine and chlorine.
Pesticides, water treatment, BHR flow batteries,
oil and gas drilling, mercury emission control,
flame retardants, and others are some of the key
applications of bromine. - Escalating demand for natural gas as an energy
source from various industries has been a major
drive for the global Bromine market application.
Rapid industrialization generates high demand for
natural gas since it has low environmental
footprint and is easily available. It is being
progressively used as a fuel for generation of
electricity which is further spurring the growth
of the market. On the contrary, strict
governmental measures pertaining to the use of
brominated flame retardants in electronic
equipment and textile, and its toxic properties
are factors that may limit the global bromine
market growth over the forecast period.
3Bromine Market 2023
- Competitive Landscape
- Chemtura Corporation (U.S.),
- Israel Chemicals Limited (Israel),
- Albemarle Corporation (U.S.),
- Tosoh Corporation (Japan),
- TETRA Technologies, Inc. (U.S.),
- Hindustan Salts Limited (India),
- Tata Chemicals Ltd (India),
- Perekop bromine (Republic of Crimea),
- Gulf Resources Inc. (China),
- Honeywell International Inc. (U.S.).
- Enquiry of the Report https//www.marketresearchf
uture.com/enquiry/1500
4Bromine Market 2023
Regional Analysis
- North America, Asia-Pacific, Europe, Latin
America, and the Middle East Africa are the key
markets for Bromine. North America accounted for
the largest share of the market in 2017.
Stringent air pollution control regulations in
the region can be attributed for the growth of
the North America. The discovery of shale gas in
the US is also a significant factor which can be
accredited for the growth of the Bromine market
in North America. - Europe too is a significant market for Bromine
driven by growing industrialization in the region
and implementation of industrial air pollution
control measures. - Asia Pacific is slated to be the fastest growing
market for Bromine owing to expanding industrial
base and surging demand for Bromine from the oil
gas industry. New discovery of gas fields in
the region along with availability of relatively
cheap labor, and low cost of raw materials in the
region has positioned Asia Pacific as an
important market for Bromine. - Access Full Report Details and Order this
Premium Report _at_ https//www.marketresearchfutur
e.com/reports/bromine-market-1500 -
5Bromine Market 2023
Application Major Players in this Research
- Bromine Market Segmentation
- The global Bromine Market has been segmented into
applications and production methods, according to
MRFR research. - The market is divided into pharmaceuticals, food
and beverages, agriculture, agrochemicals, and
other applications. The chemical is used in the
agrochemical industry to make herbicides and
pesticides that prevent grass and weed growth on
farms. The consumption of product-based chemicals
will rise as the world's population grows and
arable land becomes scarce. In addition, efforts
are being made to increase agricultural yield,
which is fueling the pyridine market's growth. It
is primarily used to increase the demand for
cotton crops. - The production method is divided into two
categories coal and chemical synthesis.
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