Bromine Market Size, Share, Trends, & Industry Analysis Report By Derivative (Organobromine, Clear Brine Fluids, Hydrogen Bromide), By Application, By End User, and By Region

Description

List of Tables

The bromine market size is expected to reach USD 3.30 Billion by 2034, according to a new study by Polaris Market Research. The report "Bromine Market Share, Size, Trends, Industry Analysis Report: By Derivative (Organobromine, Clear Brine Fluids, Hydrogen Bromide), By Application, By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Bromine is widely used across flame retardants, oil & gas, pharmaceuticals, water treatment, and agrochemical applications due to its chemical reactivity and thermal stability. It plays a critical role in clear brine fluids for drilling operations and flame-retardant additives in electronics and construction materials and intermediate compounds in drug and pesticide production.

The growth of the bromine market is primarily driven by rising demand for flame retardants in the electronics, automotive and construction sectors. Additionally, expansion in global oil & gas exploration activities is driving the adoption of bromine-based drilling fluids.

Bromine Market Report Highlights

Based on derivative, the organobromine segment dominated the revenue share in 2024, owing to its wide usage in flame retardants, pharmaceutical intermediates, and agricultural chemicals.

In terms of application, the flame retardants segment dominated the market in 2024. This is driven by strong fire safety regulations and rising demand across electronics and building materials.

In terms of end user, the oil & gas segment dominated the market in 2024, owing to the extensive use of clear brine fluids in drilling and well completion activities.

Asia Pacific accounted for the majority share of the global bromine market in 2024, fueled by chemical production growth in China and India and rising regional demand for flame retardants and pharmaceuticals.

Middle East & Africa held significant market share, fueled by offshore oil exploration and increasing bromine exports from Israel and Jordan.

A few global key market players include ICL Group Ltd., Albemarle Corporation, LANXESS AG, Tosoh Corporation, TETRA Technologies, Inc., Tata Chemicals Ltd., Hindustan Salts Ltd., Gulf Resources, Inc., Neogen Chemicals Ltd., Shandong Haiwang Chemical Co., Ltd., Jordan Bromine Company, Archean Chemical Industries Ltd., and Chemada Industries Ltd.

Polaris Market Research has segmented the market report on the basis of derivative, application, end user, and region:

By Derivative Outlook (Revenue, USD Billion, 2020-2034)

Organobromine

Clear Brine Fluids (CBF)

Hydrogen Bromide

By Application Outlook (Revenue, USD Billion, 2020-2034)

Flame Retardants

Oil And Gas Drilling

Water Treatment

Pharmaceutical Intermediates

Agricultural Chemicals

By End User Outlook (Revenue, USD Billion, 2020-2034)

Oil & Gas

Chemicals

Pharmaceuticals and Cosmetics

Electronics and Consumer Goods

Textile

Medical

Agricultural and Pesticides

Automotive

Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM6024

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Bromine Market Insights

4.1. Bromine Market - Market Snapshot
4.2. Bromine Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Demand for Flame Retardants in Various Sectors
  - 4.2.1.2. Expansion of Oil & Gas Drilling Activities
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Strict Environmental Regulations
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Bromine Market Trends
4.6. Value Chain Analysis

5. Global Bromine Market, by Derivative

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Bromine Market, by Derivative, 2020-2034 (USD Billion)
5.3. Organobromine
- 5.3.1. Global Bromine Market, by Organobromine, by Region, 2020-2034 (USD Billion)
5.4. Clear Brine Fluids (CBF)
- 5.4.1. Global Bromine Market, by Clear Brine Fluids (CBF), by Region, 2020-2034 (USD Billion)
5.5. Hydrogen Bromide
- 5.5.1. Global Bromine Market, by Hydrogen Bromide, by Region, 2020-2034 (USD Billion)

6. Global Bromine Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Bromine Market, by Application, 2020-2034 (USD Billion)
6.3. Flame Retardants
- 6.3.1. Global Bromine Market, by Flame Retardants, by Region, 2020-2034 (USD Billion)
6.4. Oil And Gas Drilling
- 6.4.1. Global Bromine Market, by Oil And Gas Drilling, by Region, 2020-2034 (USD Billion)
6.5. Water Treatment
- 6.5.1. Global Bromine Market, by Water Treatment, by Region, 2020-2034 (USD Billion)
6.6. Pharmaceutical Intermediates
- 6.6.1. Global Bromine Market, by Pharmaceutical Intermediates, by Region, 2020-2034 (USD Billion)
6.7. Agricultural Chemicals
- 6.7.1. Global Bromine Market, by Agricultural Chemicals, by Region, 2020-2034 (USD Billion)

7. Global Bromine Market, by End User

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Bromine Market, by End User, 2020-2034 (USD Billion)
7.3. Oil & Gas
- 7.3.1. Global Bromine Market, by Oil & Gas, by Region, 2020-2034 (USD Billion)
7.4. Chemicals
- 7.4.1. Global Bromine Market, by Chemicals, by Region, 2020-2034 (USD Billion)
7.5. Pharmaceuticals and Cosmetics
- 7.5.1. Global Bromine Market, by Pharmaceuticals and Cosmetics, by Region, 2020-2034 (USD Billion)
7.6. Electronics and Consumer Goods
- 7.6.1. Global Bromine Market, by Electronics and Consumer Goods, by Region, 2020-2034 (USD Billion)
7.7. Textile
- 7.7.1. Global Bromine Market, by Textile, by Region, 2020-2034 (USD Billion)
7.8. Medical
- 7.8.1. Global Bromine Market, by Medical, by Region, 2020-2034 (USD Billion)
7.9. Agricultural and Pesticides
- 7.9.1. Global Bromine Market, by Agricultural and Pesticides, by Region, 2020-2034 (USD Billion)
7.10. Automotive
- 7.10.1. Global Bromine Market, by Automotive, by Region, 2020-2034 (USD Billion)
7.11. Others
- 7.11.1. Global Bromine Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Bromine Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Bromine Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Bromine Market - North America
- 8.3.1. North America: Bromine Market, by Derivative, 2020-2034 (USD Billion)
- 8.3.2. North America: Bromine Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Bromine Market - U.S.
  - 8.3.4.1. U.S.: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Bromine Market - Canada
  - 8.3.5.1. Canada: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Bromine Market, by End User, 2020-2034 (USD Billion)
8.4. Bromine Market - Europe
- 8.4.1. Europe: Bromine Market, by Derivative, 2020-2034 (USD Billion)
- 8.4.2. Europe: Bromine Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.4. Bromine Market - UK
  - 8.4.4.1. UK: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.5. Bromine Market - France
  - 8.4.5.1. France: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.6. Bromine Market - Germany
  - 8.4.6.1. Germany: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.7. Bromine Market - Italy
  - 8.4.7.1. Italy: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.8. Bromine Market - Spain
  - 8.4.8.1. Spain: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.9. Bromine Market - Netherlands
  - 8.4.9.1. Netherlands: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.10. Bromine Market - Russia
  - 8.4.10.1. Russia: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.4.11. Bromine Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Bromine Market, by End User, 2020-2034 (USD Billion)
8.5. Bromine Market - Asia Pacific
- 8.5.1. Asia Pacific: Bromine Market, by Derivative, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Bromine Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.4. Bromine Market - China
  - 8.5.4.1. China: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.5. Bromine Market - India
  - 8.5.5.1. India: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.6. Bromine Market - Malaysia
  - 8.5.6.1. Malaysia: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.7. Bromine Market - Japan
  - 8.5.7.1. Japan: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.8. Bromine Market - Indonesia
  - 8.5.8.1. Indonesia: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.9. Bromine Market - South Korea
  - 8.5.9.1. South Korea: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.10. Bromine Market - Australia
  - 8.5.10.1. Australia: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.5.11. Bromine Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Bromine Market, by End User, 2020-2034 (USD Billion)
8.6. Bromine Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Bromine Market, by Derivative, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Bromine Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.6.4. Bromine Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.6.5. Bromine Market - UAE
  - 8.6.5.1. UAE: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.6.6. Bromine Market - Israel
  - 8.6.6.1. Israel: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.6.7. Bromine Market - South Africa
  - 8.6.7.1. South Africa: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.6.8. Bromine Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Bromine Market, by End User, 2020-2034 (USD Billion)
8.7. Bromine Market - Latin America
- 8.7.1. Latin America: Bromine Market, by Derivative, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Bromine Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.7.4. Bromine Market - Mexico
  - 8.7.4.1. Mexico: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.7.5. Bromine Market - Brazil
  - 8.7.5.1. Brazil: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.7.6. Bromine Market - Argentina
  - 8.7.6.1. Argentina: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Bromine Market, by End User, 2020-2034 (USD Billion)
- 8.7.7. Bromine Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Bromine Market, by Derivative, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Bromine Market, by Application, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Bromine Market, by End User, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Albemarle Corporation
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Archean Chemical Industries Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Chemada Industries Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. Gulf Resources, Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Hindustan Salts Ltd.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. ICL Group Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Jordan Bromine Company
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. LANXESS AG
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Neogen Chemicals Ltd.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Shandong Haiwang Chemical Co., Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Tata Chemicals Ltd.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. TETRA Technologies, Inc.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Tosoh Corporation
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development