Global Bromine Expected to Grow at 2.98% CAGR over 2016-2020

Date: 2016-09-11

The strict environmental policies and favorable regulations encouraging the use of bromine in coal fired power plants to reduce mercury containing effluents, which will be one of the key drivers to grow Bromine market, in addition, growth in electronics and automotive industries in the major countries also is a impetus such as China, for the controversial factor for application of Bromine is increasing demand for fumigants, disinfectants in agricultural and water treatment industry. Through the research, global Bromine expected to grow at 2.98% CAGR over 2016-2020. 

In terms of geographic, the APAC is the largest and fastest growing consumer of bromine & its derivatives across the world. The bromine derivatives market in Asia-Pacific is expected to grow with a CAGR of 4.02% from 2016 to 2020. China, Japan, South Korea, and India are the major markets for bromine & its derivatives in Asia-Pacific. Other markets in Asia-Pacific include Taiwan, Australia, Singapore, Indonesia, and Thailand. The demand for bromine & its derivatives in these markets is fueled by demand from end-user industries such as oil & gas, construction, pharmaceutical, automotive, textiles, electronics, agricultural, and water treatment.

Bromine & its derivatives are used in applications such as flame retardants, biocides, oil and gas drilling, pharmaceutical formulations, HBr flow battery, medicinal, fumigants, plasma etching, and PTA synthesis. Its end-user industries include construction, textile, oil & gas, agricultural, automotive, furnishing, shipbuilding, electronics, and water treatment.

Worldwide players such as Albemarle Corporation, Arab Potash Company, Chemada Fine Chemicals Company Ltd., Chemtura Corporation, Biolab Inc., Hindustan Salts Limited, Israel Chemicals Limited, Dead Sea Bromine Company Ltd., Clearon Corporation, ICL-IP America, Inc., Jordan Bromine Company Ltd., Morre-Tec Industries, Inc., Ocean Chemical Group, Solaris ChemTech Ltd., Tata Chemicals Ltd., Tetra technologies Inc., The Dow Chemical Company, and Tosoh Corporation. 

Among the market, Chemtura, Albe-marle, Israel Chemicals Ltd, Jordan BromineCo and Dead Sea Bromine Company Ltd (including its subsidiaries) is world major producers of Bromine and Bromine derivatives across the world.

Global Bromine and Bromine derivatives production market share by countries:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 001-510-400-8520

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