PUBLISHER: QYResearch | PRODUCT CODE: 1866584
PUBLISHER: QYResearch | PRODUCT CODE: 1866584
The global market for Bromine and Its Derivatives was estimated to be worth US$ 5194 million in 2024 and is forecast to a readjusted size of US$ 7853 million by 2031 with a CAGR of 6.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Bromine and Its Derivatives cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery. The Bromine Derivatives are the chemical which Chemical functional groups are replaced by the Bromine. In 2024, global Bromine and Its Derivatives production reached approximately 1194 K MT, with an average global market price of around US$ 4350 per MT.
The bromine and its derivatives market is experiencing significant growth, primarily driven by the rising demand in applications such as flame retardants, oil and gas drilling, and water treatment. Bromine's effectiveness as a flame retardant in various industries, including electronics, automotive, and construction, is a key factor fueling its demand. As regulatory standards for fire safety become more stringent globally, the adoption of bromine-based flame retardants is increasing. Furthermore, the use of bromine derivatives like calcium bromide and zinc bromide in oil and gas drilling fluids enhances wellbore stability, boosting demand from the energy sector. These trends highlight the crucial role of bromine in ensuring safety and efficiency across multiple industries.
In addition to flame retardants and drilling fluids, the demand for bromine in water treatment and pharmaceutical applications is also rising. Bromine compounds such as hydrogen bromide and sodium bromide are essential in water disinfection processes, especially in regions facing water scarcity and quality issues. The pharmaceutical industry relies on bromine derivatives for producing certain medications and intermediates, further supporting market growth. Geographically, Asia-Pacific, especially China and India, dominates the bromine market due to its vast manufacturing base and increasing industrial activities. However, environmental concerns related to bromine mining and production, as well as fluctuating raw material prices, may pose challenges, prompting the industry to explore sustainable and efficient production methods.
This report aims to provide a comprehensive presentation of the global market for Bromine and Its Derivatives, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bromine and Its Derivatives by region & country, by Type, and by Application.
The Bromine and Its Derivatives market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bromine and Its Derivatives.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Bromine and Its Derivatives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Bromine and Its Derivatives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Bromine and Its Derivatives in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.