Bromine (Br2) is a dark red, reddish-brown liquid that emits highly corrosive fumes with a sharp penetrating odor. It is an indispensable raw material for inorganic medicines, photosensitive materials, dyes and medicines. It is also a basic ingredient used in the manufacture of hydrobromic acid (HBr) used as organic intermediates and pharmaceutical raw materials such as lithium bromide and terephthalic acid. It is obtained from seawater, natural brine, or brine as a by-product of potassium recovery.
Bromine market size was US$ 1869.5 million and it is expected to reach US$ 2062 million by the end of 2026, with a CAGR of 0.9% during 2021-2027.
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The major companies include:
- Solaris Chemtech (SCIL)
- Perekop Bromine
- Yuyuan Group
- Haiwang Chemical
- Dadi Salt Chemical Group
- Chengyuan Salt Chemical
- Lubei Chemical
- Runke Chemical
Segment by Type, the Bromine market is segmented into
- Dead Sea Brine
- Brine Wells
- Others
Segment by Application, the Bromine market is segmented into
- Flame Retardants
- Biocides
- Drilling Fluids
- Chemical Intermediate
- Water Treatment
- Others
A full report of Global Bromine Market is available at: https://www.orionmarketreports.com/bromine-market/60112/
Scope of the Report
The research study analyzes the global Bromine industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bromine Market Report
1. What was the Bromine Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Bromine Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bromine Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=60112
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