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市場調査レポート
商品コード
1561495

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、2024年～2032年

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
発行
IMARC
ページ情報
英文 139 Pages
納期
2～3営業日
カスタマイズ可能
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=143.57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、2024年～2032年
出版日: 2024年09月10日
発行: IMARC
ページ情報: 英文 139 Pages
納期: 2～3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の臭素市場の市場規模は2023年に35億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに52億米ドルに達し、2024年から2032年の間に4.25%の成長率（CAGR）を示すと予測しています。同市場は、主に難燃剤、医薬品、農薬の需要増によって大きく成長しています。また、電子機器や建築における防火安全性のニーズの高まりも市場成長にプラスに寄与しています。

臭素市場分析：

  • 主な市場促進要因：主な市場促進要因としては、厳しい火災安全規制による難燃剤の電子機器、自動車、建設業界への需要の高まりが挙げられます。また、特に新興市場において、医薬品や農薬への臭素の使用が増加していることも成長の原動力となっています。さらに、臭素誘導体の技術進歩に伴う臭素生産の拡大も市場拡大を後押ししています。水処理と環境用途への注目の高まりが、臭素化合物の需要をさらに高めています。
  • 主な市場動向：市場は、難燃剤、水処理薬品、石油・ガス掘削流体における需要の増加により、着実な成長を遂げています。これに伴い、製薬業界における臭素使用の増加や、環境に優しい臭素ベースのソリューションの開発も主な動向となっています。また、臭素抽出技術の進歩や主要生産地域における生産能力の拡大も、市場の追い風となっています。
  • 地理的動向：臭素市場の地理的動向では、アジア太平洋地域、特に中国がその広範な産業基盤と難燃剤需要の増加により優位を占めています。中東もまた、その膨大な臭素埋蔵量を活用し、生産能力を拡大する主要プレーヤーとして台頭してきています。一方、北米と欧州は、水処理と水銀排出抑制用途での臭素の使用を促進する環境規制によって緩やかな成長を遂げており、地域別の市場ダイナミクスに寄与しています。
  • 競合情勢：臭素業界の主要市場プレーヤーには、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.、東ソー株式会社などがあります。
  • 課題と機会：市場は、厳しい規制制限とともに、その抽出と使用に関する環境問題など、さまざまな課題に直面しています。しかし、エネルギー貯蔵、特にフロー電池などの用途における臭素の需要の高まりや、環境に優しい臭素ベースの製品の開発から、機会も生まれています。さらに、抽出技術の進歩や新興市場への投資の増加は、業界にとって大きな成長の可能性をもたらし、課題と有望な展望のバランスを取っています。

臭素市場動向：

臭素誘導体の革新

臭素誘導体の技術革新は、特に効率的で持続可能な製品の開発において急速に進んでいます。このような取り組みでは、低毒性やリサイクル性の向上など、環境への影響を低減しながら難燃性を向上させた高度難燃剤の開発が中心となっています。水処理分野では、生物学的汚染物質を抑制する高い性能を維持しながら、より厳しい環境基準を満たす新しい臭素系化学物質が設計されています。こうした技術革新の背景には、規制の強化や世界の持続可能性の重視の高まりがあり、企業は環境目標に沿った費用対効果の高いソリューションを生み出すために研究開発（R&D）への投資を進めています。例えば、2024年3月、Archean Chemicalの子会社Acume Chemicalsは、グジャラート州で臭素誘導体製品の第1期生産施設を開始しました。同社の2023-24年度12月期の売上高は4,126億3,000万ルピー、純利益は1,015億3,000万ルピーだった。同社は、死海地域での生産減速が予想され、臭素価格の上昇が見込まれる西アジアの紛争から恩恵を受ける態勢を整えています。

難燃剤需要の増加

臭素系難燃剤の需要は、特にエレクトロニクス、自動車、建築など、火災の安全性が最優先される産業で大幅に増加しています。臭素系難燃剤は、引火性の低減や延焼防止に高い効果を発揮するため、回路基板、自動車部品、建材などの用途に不可欠です。世界的に厳しい火災安全規制が増加していることと、火災の危険性に対する認識が高まっていることが、この需要を後押ししています。また、家電、自動車、インフラストラクチャーでは、耐久性に優れた耐火材料が求められており、臭素系難燃剤の市場成長をさらに後押ししています。例えば、クラリアントは2023年10月、恵州市大亜湾に6,000万スイスフランを投資して、ハロゲンフリー難燃剤の最新鋭生産施設を開設しました。この工場は、中国やアジアを拠点とする部品メーカー、特にE-モビリティや電気・電子分野での需要の高まりに対応するものです。この新工場は、革新的で持続可能な火災安全ソリューションを提供するクラリアントの地位を強化するものです。

医薬・農薬用途の成長

臭素化合物は、特に殺生物剤と殺虫剤の必須成分として、医薬品と農薬の生産において重要な役割を果たしています。特に新興市場における医薬・農薬産業の拡大が、臭素系化合物の需要を押し上げています。これらの産業が成長するにつれて、効果的で信頼性の高い化学中間体のニーズも高まっており、臭素はさまざまな有効成分の合成に不可欠です。発展途上地域における食糧安全保障とヘルスケアへの関心の高まりがこの需要をさらに後押しし、臭素は世界の農業と医薬品の発展を支える不可欠な要素となっています。業界レポートによると、インドの医薬品産業は急成長しており、2024年には650億米ドル、2030年には1,300億米ドルに達する見込みです。現在500億米ドル規模であり、200カ国以上にサービスを提供し、アフリカのジェネリック医薬品の50％以上、米国市場の40％、英国の医薬品の25％を供給しています。また、インドは世界のワクチン需要の60％を満たし、WHOの必須ワクチンの70％を供給しています。医薬品や農薬の用途で臭素の使用が増加していることは、有効成分の合成や製品の効能強化に不可欠な役割を果たすことから、重要な臭素市場成長要因の一つとなっています。この動向は特に新興市場で強く、効果的な殺生物剤、殺虫剤、医薬品の需要が増え続けており、市場の拡大にさらに拍車をかけています。

本レポートで扱う主な質問

  • 2023年の臭素市場の世界市場規模は？
  • 2024-2032年における臭素市場の世界市場成長率は？
  • 臭素市場の世界市場を牽引する主要因は何か
  • 世界の臭素市場に対するCOVID-19の影響は？
  • 臭素市場の誘導体別内訳は？
  • 世界の臭素市場の用途別内訳は？
  • 世界の臭素市場のエンドユーザー別内訳は？
  • 臭素市場の世界における主要地域は？
  • 臭素市場の世界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

  • 調査の目的
  • ステークホルダー
  • 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
  • 主要業界動向

第5章 世界の臭素市場

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

第6章 市場内訳：デリバティブ

  • 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
  • 難燃剤（FR）
    • 市場動向
    • 市場予測
  • 臭素電池
    • 市場動向
    • 市場予測
  • 透明塩水（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
  • テキスタイル
    • 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
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 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$), 2018-2023
  • Figure 3: Global: Bromine Market Forecast: Sales Value (in Billion US$), 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
目次
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