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市場調査レポート
商品コード
1390909

臭素市場レポート:誘導体別、用途別、エンドユーザー別、地域別、2023-2028年

Bromine Market Report by Derivative, Application (Biocides, Flame Retardants, Bromine-Based Batteries, Clear Brine Fluids, and Others), End User, and Region 2023-2028

出版日: | 発行: IMARC | ページ情報: 英文 139 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=152.52円
臭素市場レポート:誘導体別、用途別、エンドユーザー別、地域別、2023-2028年
出版日: 2023年11月24日
発行: IMARC
ページ情報: 英文 139 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

概要

臭素の世界市場規模は2022年に33億米ドルに達しました。今後、IMARC Groupは、市場は2028年までに43億米ドルに達し、2022~2028年の成長率(CAGR)は4.51%になると予測しています。製造業や建設業における難燃剤のニーズの高まり、水処理施設における臭素の用途拡大、石油・ガス掘削活動における臭素系化合物の使用増加などが、市場を推進している要因の一例です。

臭素はハロゲン族に属する化学元素で、室温で濃い赤褐色の液体であることと、刺激臭が特徴です。高い反応性と効果的な熱安定化など、その多彩な特性で知られ、さまざまな用途に使用されています。医薬品、農業、難燃剤などの産業で広く利用されています。作用メカニズムとしては、臭素化合物は有機化合物の水素原子を置換するハロゲン化プロセスに関与し、多くの場合、より安定した誘導体や機能的な誘導体が得られます。このため、臭素化合物は化学合成やその他さまざまな工業プロセスにおいて非常に貴重な存在となっています。そのため、その市場意義は、医療から消費財、特殊な産業用途まで、さまざまな分野に及んでいます。

世界市場の主な原動力となっているのは、製造業や建設業における難燃剤のニーズの高まりです。同時に、水処理施設における同製品の用途拡大も、安定した需要をもたらしています。さらに、石油・ガスの掘削活動で臭素系化合物の使用が増加していることも大きな成長要因となっています。これに加えて、水銀排出抑制における同製品の有用性が、市場の明るい見通しを生み出しています。さらに、この元素は農業用燻蒸剤の製造にも応用されており、さらなる市場機会を生み出しています。また、医薬品部門が中間体として関連化合物を採用することも、市場にプラスの影響を与えています。この市場は、工業用途での化学物質の安全な使用を支持する政府の政策からも恩恵を受けています。これらとは別に、自動車用流体における製品の急速な利用が、世界レベルで市場を刺激しています。その他の寄与要因としては、臭素抽出技術の進歩、医療機器への応用、研究開発への継続的な投資などが挙げられます。

臭素市場の動向と促進要因:

再生可能エネルギーへの応用拡大

再生可能エネルギーへの移行は世界の動向であり、エネルギー貯蔵・管理のための新たなソリューションが必要とされています。この分野における新たなソリューションのひとつが、臭素ベースのフロー電池です。この電池はサイクル寿命が長く、柔軟な設計が可能なため、さまざまな規模のエネルギー貯蔵要件に適応できます。世界中のエネルギーグリッドが太陽光や風力などの再生可能エネルギー源にますます依存するようになるにつれ、効率的なエネルギー貯蔵システムの重要性が高まっています。このような蓄電ニーズに対して、フロー電池は信頼性の高い選択肢として機能します。政府や民間団体はエネルギー貯蔵技術に多額の投資を行っており、臭素系ソリューションの需要に直接影響を与えています。このことは、これまで未開拓であった全く新しい応用分野を切り開くものであり、市場の将来的成長にとって極めて重要です。

持続可能性とリサイクルイノベーションへの注目の高まり

環境問題が世間や企業の言説の大部分を占め続ける中、化学業界における持続可能な慣行への注目はかつてないほど高まっています。企業は、特に廃棄物の流れや使用後の用途から、臭素とその誘導体のリサイクルを可能にする技術への投資を増やしています。このようなリサイクルへの取り組みは、世界の持続可能性の目標に沿ったものであり、生産コストを削減することで経済的なメリットももたらします。コストの削減により、臭素はさまざまな産業用途で利用しやすくなります。例えば、この元素のリサイクルは水処理施設で有用であり、それによって廃棄物管理と本質的な有用性という2つの目的を果たすことができます。このような持続可能性とリサイクル技術革新への注目は、市場成長にとって魅力的な機会であり、長期にわたる好影響が期待されます。

主要プレーヤー間の提携と買収の増加

業界大手同士の戦略的提携や合併は、競争が激化する中で市場の安定と成長の礎として台頭してきています。このような提携は、企業がリソースをプールするためのプラットフォームを提供し、それによって研究開発活動のペースを加速させる。さらに、こうした提携は、未開拓市場により効果的に参入する道を開く。提携によって、企業はサプライチェーン戦略を洗練させることもでき、関係者双方に利益をもたらします。大手製品メーカーは製薬会社と提携し、新薬のために特別に化合物を調製しています。これにより、製品化までの時間が短縮されるだけでなく、安定した需要が確保されます。こうした提携や合併は、価格変動や原料不足といった不安定な市場環境に対するヘッジとしても機能します。集団的な問題解決とリソースの共有を通じて、企業は市場での地位を強化し、市場の持続的成長に貢献することができます。

本レポートで扱う主な質問

  • 2022年の臭素の世界市場規模は?
  • 2023年~2028年の臭素の世界市場の予想成長率は?
  • 臭素の世界市場を牽引する主要因は何か
  • 臭素の世界市場に対するCOVID-19の影響は?
  • 誘導体に基づく臭素の世界市場の内訳は?
  • 臭素の世界市場の用途別区分は?
  • 臭素の世界市場のエンドユーザー別の区分は?
  • 臭素の世界市場における主要地域は?
  • 臭素の世界市場における主要プレイヤー/企業は?

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 臭素の世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:誘導体別

  • 臭化水素
    • 市場動向
    • 市場予測
  • 有機臭素化合物
    • 市場動向
    • 市場予測
  • 臭素流体
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:用途別

  • 殺生物剤
    • 市場動向
    • 市場予測
  • FR
    • 市場動向
    • 市場予測
  • 臭素系電池
    • 市場動向
    • 市場予測
  • CBF
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第8章 市場内訳:エンドユーザー別

  • 化学品
    • 市場動向
    • 市場予測
  • 石油・ガス
    • 市場動向
    • 市場予測
  • 医薬品
    • 市場動向
    • 市場予測
  • 農業
    • 市場動向
    • 市場予測
  • 繊維
    • 市場動向
    • 市場予測
  • エレクトロニクス
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • 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
図表

List of Figures

  • Figure 1: Global: Bromine Market: Major Drivers and Challenges
  • Figure 2: Global: Bromine Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Bromine Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Bromine Market: Breakup by Derivative (in %), 2022
  • Figure 5: Global: Bromine Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Bromine Market: Breakup by End User (in %), 2022
  • Figure 7: Global: Bromine Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Bromine (Hydrogen Bromide) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Bromine (Hydrogen Bromide) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Bromine (Organobromine Compounds) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Bromine (Organobromine Compounds) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Bromine (Bromine Fluids) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Bromine (Bromine Fluids) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Bromine (Other Derivatives) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Bromine (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Bromine (Biocides) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Bromine (Biocides) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Bromine (Flame Retardants-FR) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Bromine (Flame Retardants-FR) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Bromine (Bromine-Based Batteries) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Bromine (Bromine-Based Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Bromine (Clear Brine Fluids-CBF) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Bromine (Clear Brine Fluids-CBF) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Bromine (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Bromine (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Bromine (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Bromine (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Bromine (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Bromine (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Bromine (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Bromine (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Bromine (Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Bromine (Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Bromine (Textiles) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Bromine (Textiles) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Global: Bromine (Electronics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Global: Bromine (Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Global: Bromine (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Global: Bromine (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: North America: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: North America: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: United States: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: United States: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Canada: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Canada: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Asia-Pacific: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Asia-Pacific: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: China: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: China: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Japan: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Japan: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: India: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: India: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: South Korea: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: South Korea: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Australia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Australia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Indonesia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Indonesia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Europe: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Europe: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Germany: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Germany: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: France: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: France: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: United Kingdom: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: United Kingdom: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Italy: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Italy: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Spain: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Spain: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Russia: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Russia: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Latin America: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Latin America: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Brazil: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Brazil: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 82: Mexico: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 83: Mexico: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 84: Others: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 85: Others: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Middle East and Africa: Bromine Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 87: Middle East and Africa: Bromine Market: Breakup by Country (in %), 2022
  • Figure 88: Middle East and Africa: Bromine Market Forecast: Sales Value (in Million US$), 2023-2028
  • 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, 2022 and 2028
  • Table 2: Global: Bromine Market Forecast: Breakup by Derivative (in Million US$), 2023-2028
  • Table 3: Global: Bromine Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 4: Global: Bromine Market Forecast: Breakup by End User (in Million US$), 2023-2028
  • Table 5: Global: Bromine Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Bromine Market: Competitive Structure
  • Table 7: Global: Bromine Market: Key Players
目次
Product Code: SR112023A460

Abstract

The global bromine market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.51% during 2022-2028. The growing need for flame retardants in manufacturing and construction industries, increasing application of bromine in water treatment facilities, and the rising use of bromine-based compounds in oil and gas drilling activities represent some of the factors that are propelling the market.

Bromine is a chemical element belonging to the halogen group, characterized by its deep red-brown liquid form at room temperature and a pungent odor. Known for its versatile properties, including high reactivity and effective heat stabilization, it serves various applications. It's widely utilized in industries such as pharmaceuticals, agriculture, and flame retardants, among others. In terms of working mechanisms, bromine compounds engage in halogenation processes where they replace hydrogen atoms in organic compounds, often yielding more stable or functional derivatives. This makes the product invaluable in chemical synthesis and various other industrial processes. Therefore, its market significance extends across multiple sectors, from medical treatments to consumer goods and specialized industrial applications.

The global market is chiefly driven by the growing need for flame retardants in manufacturing and construction industries. Concurrently, the increasing application of the product in water treatment facilities is experiencing consistent demand. Moreover, the rising use of bromine-based compounds in oil and gas drilling activities serves as a significant growth factor. In addition to this, the utility of the product in mercury emission control is creating a positive market outlook. Furthermore, the element finds application in the making of fumigants for agriculture, creating additional market opportunities. Also, the pharmaceutical sector's adoption of related compounds as intermediaries positively impacts the market. The market also benefits from governmental policies favoring the safe use of chemicals in industrial applications. Apart from these, the rapid product utilization in automotive fluids is stimulating the market on a global level. Other contributing factors include advancements in bromine extraction technologies, the application in the making of medical equipment, and ongoing investments in research and development.

Bromine Market Trends/Drivers:

Increased application in renewable energy

The transition toward renewable energy is a global trend, necessitating novel solutions for energy storage and management. One of the emerging solutions in this arena is bromine-based flow batteries. These batteries offer a long cycle life and have a flexible design that makes them adaptable to varying scales of energy storage requirements. As energy grids worldwide increasingly rely on renewable sources such as solar and wind, the importance of efficient energy storage systems is accentuated. These flow batteries serve as a reliable option for these storage needs. Governments and private organizations are investing significantly in energy storage technologies, thereby directly impacting the demand for bromine-based solutions. This factor is critical for the future growth of the market, as it opens up an entirely new domain of applications that were previously untapped.

An enhanced focus on sustainability and recycling innovations

As environmental concerns continue to occupy a significant portion of public and corporate discourse, the focus on sustainable practices within the chemical industry has never been greater. Companies are increasingly investing in technologies that enable the recycling of bromine and its derivatives, especially from waste streams and after-use applications. These recycling efforts align well with global sustainability goals and also offer economic advantages by reducing the production costs. Reduced costs subsequently increase its accessibility for multiple industrial applications. For example, recycling of the element can be made useful in water treatment facilities, thereby serving dual purposes-of waste management and essential utility. This focus on sustainability and recycling innovations presents a compelling opportunity for market growth and is expected to have a long-lasting positive impact.

Rising partnerships and acquisitions amongst key players

Strategic collaborations and mergers among industry leaders are emerging as a cornerstone for market stability and growth in an increasingly competitive landscape. Such collaborations offer a platform for companies to pool resources, thereby accelerating the pace of research and development activities. Additionally, these alliances open avenues for the more effective penetration of unexplored markets. By collaborating, companies can also refine their supply chain strategies, benefitting both parties involved. Major product manufacturers are teaming up with pharmaceutical companies to tailor a compound specifically for a new line of medications. This not only fast-tracks the time-to-market but also assures a steady demand for the element. These collaborations and mergers also act as a hedge against volatile market conditions such as price fluctuations and raw material shortages. Through collective problem-solving and resource sharing, companies can fortify their market position, thereby contributing to the market's sustained growth.

Bromine Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global bromine market report, along with forecasts at the global, regional and country levels for 2023-2028. 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 represent the largest market segment

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.

The organobromine compounds segment is driven by its vast applications in pharmaceuticals, biocides, and agrochemicals. The exceptional reactivity of organobromine compounds makes them valuable intermediates in a variety of chemical reactions. As the pharmaceutical and agrochemical industries continue to grow, the demand for high-quality organobromine compounds also escalates. Emerging markets in developing nations present yet another avenue for growth in this segment.

On the other hand, the hydrogen bromide and bromine fluids segments gain their relevance largely from their use as an intermediate in chemical synthesis, especially in pharmaceutical and petrochemical sectors. The reactivity and unique characteristics of hydrogen bromide make it indispensable in certain specialized chemical reactions. The development of advanced techniques for bromine recovery and recycling adds an additional layer of sustainability, thereby bolstering its market potential. The growing chemical industry globally, along with technological advancements, continue to push the envelope, thereby creating more opportunities for this segment.

Breakup by Application:

Biocides

Flame Retardants (FR)

Bromine-Based Batteries

Clear Brine Fluids (CBF)

Others

Flame retardants (FR) accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the application. 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.

The flame retardants segment is significantly propelled by the rising demand for fire-resistant materials in the automotive, construction, and electronics sectors. Strict regulations regarding fire safety are increasingly driving industries to incorporate flame-retardant materials in their products. The expansion of these end-user sectors globally also correlates directly with the market growth for flame retardants. Additionally, the development of eco-friendly flame-retardant chemicals is likely to create new opportunities in this segment.

On the other hand, biocides see significant usage in water treatment plants to control microbial activity, while bromine-based batteries are becoming increasingly important in renewable energy storage systems. Clear Brine Fluids (CBF) are predominantly employed in oil and gas drilling operations to maintain wellbore stability. The emphasis on renewable energy also positions bromine-based batteries as a crucial market player. The drive towards sustainable and safer methods in oil and gas extraction adds a layer of demand for clear brine fluids.

Breakup by End User:

Chemicals

Oil and Gas

Pharmaceuticals

Agriculture

Textiles

Electronics

Others

Chemicals represents the largest 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 is witnessing strong growth due to the rising demands in petrochemical industries, agrochemical manufacturing, and specialty chemicals production. The unique reactivity and properties of the element makes it invaluable for a variety of chemical synthesis processes. Regulatory frameworks globally are also geared towards safer and more efficient chemical products, which drives innovation and demand in this segment. Its usage in water treatment chemicals further enhances its market potential.

On the other hand, in the oil and gas sector, the element is used primarily as a constituent in drilling fluids, which helps maintain wellbore stability. Pharmaceuticals employ the element as a building block for certain drug formulations, enhancing the efficacy of various treatments. In agriculture, bromine-based compounds are used for soil fumigation and as pesticides, meeting the sector's need for high crop yield and soil health. Textiles utilize the element in the development of flame-retardant materials, directly contributing to consumer safety.

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 exhibits a clear dominance, accounting for the largest bromine market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

The Asia Pacific region is a rapidly growing market, fueled by expanding industries such as electronics, pharmaceuticals, and textiles in countries such as China and India. Infrastructure development across the region is creating significant growth in the construction sector, which has a direct impact on flame retardants.

Moreover, Asia Pacific is home to significant agricultural activities, increasing the need for the element in agrochemicals. The pharmaceutical sector in the region is also undergoing expansion, supported by government initiatives and increased investment. Rapid industrialization, coupled with a growing middle-class population, contributes to the heightened demand for consumer electronics, which often require bromine-based flame retardants.

Also, policies focusing on environmental sustainability are compelling companies to invest in cleaner technologies, including the use of the element for water treatment and biocides. As Asia Pacific continues to be a hub for manufacturing and technological innovation, the need for specialty chemicals is also expected to rise, which is fueling the market.

Competitive Landscape:

Market players in the global bromine industry are actively investing in the development of efficient extraction and processing techniques. They are also forming alliances with raw material suppliers to ensure consistent quality and supply. To diversify their portfolio, these organizations are venturing into niche applications such as flame retardants and pharmaceuticals. Technological advancements are being actively pursued to reduce environmental impact and meet sustainability goals. As part of their growth strategy, companies are entering emerging markets through joint ventures and strategic collaborations. Marketing campaigns aimed at different industrial sectors are being implemented by the major companies to enhance product visibility. Furthermore, robust supply chain strategies are also being developed to ensure prompt and reliable delivery.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market 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

Recent Developments:

In August 2023, AbbVie Inc. announced that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for risankizumab (SKYRIZI, 1200 mg intravenous [IV] [induction dose] and 180 mg and 360 mg subcutaneous [SC] [maintenance dose]) for the treatment of adult patients with moderately to severely active ulcerative colitis.

In July 2023, Albemarle Corporation agreed to amend the terms of the transaction signed earlier this year with Mineral Resources Limited (ASX: MIN.AX). Under the new agreements, Albemarle will take 100% ownership of the Kemerton lithium hydroxide processing facility in Australia that is currently jointly owned with Mineral Resources through the MARBL joint venture. Albemarle will also retain full ownership of its Qinzhou and Meishan lithium processing facilities in China.

In April 2020, Chemada Industries Ltd. entered into an exclusive agency and distribution partnership with the OQEMA Group, one of Europe's leading chemical distributors. The OQEMA Group will act as a European agent and distributor for the full range of CHEMADA's high-quality brominated intermediates and brominating reagents, and also provide custom manufacturing based on other technologies to the Benelux countries, France, Germany, Denmark, Switzerland, the UK, the Czech Republic, Slovenia, the Baltic countries, Italy and Hungary.

Key Questions Answered in This Report

  • 1. What was the size of the global bromine market in 2022?
  • 2. What is the expected growth rate of the global bromine market during 2023-2028?
  • 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