PUBLISHER: The Business Research Company | PRODUCT CODE: 1925719
PUBLISHER: The Business Research Company | PRODUCT CODE: 1925719
Bromine is a chemical element characterized by its deep red color and is a toxic liquid with an irritating and offensive odor. It finds diverse applications in the production of dyes, fumigants, flame-proofing agents, sanitizers, water purification compounds, agents for photography, vegetable oil, and serves as an emulsifier in citrus-flavored soft drinks. Additionally, its damaging effects on microorganisms make it valuable as a disinfectant for surfaces.
The main types of derivatives derived from bromine include organobromine, clear brine fluids, and hydrogen bromide. Organobromine comprises organic compounds containing carbon bonded to bromine. These derivatives have various applications, such as biocides, flame retardants (FR), bromine-based batteries, and clear brine fluids (CBF), and are utilized in industries such as oil and gas, automotive, agriculture, pharmaceuticals, cosmetics, textiles, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the bromine market by increasing costs of imported extraction equipment, processing chemicals, transportation containers, and derivative manufacturing inputs. Oil and gas producers and specialty chemical manufacturers in North America and Europe are most affected due to reliance on imported processing systems, while Asia-Pacific faces pricing pressure on bromine derivatives for export markets. These tariffs are raising production costs and affecting contract pricing. However, they are also encouraging domestic bromine processing, regional supply chain integration, and investment in local derivative manufacturing capacities.
The bromine market research report is one of a series of new reports from The Business Research Company that provides bromine market statistics, including bromine industry global market size, regional shares, competitors with a bromine market share, detailed bromine market segments, market trends and opportunities, and any further data you may need to thrive in the bromine industry. This bromine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The bromine market size has grown rapidly in recent years. It will grow from $5.65 billion in 2025 to $6.22 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to expansion of oil and gas drilling activities, growth of flame retardant consumption in electronics, rising demand for industrial water treatment, increased use in pharmaceutical synthesis, availability of bromine reserves.
The bromine market size is expected to see strong growth in the next few years. It will grow to $8.95 billion in 2030 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to increasing demand for energy storage technologies, rising adoption of safer flame retardant formulations, expansion of advanced water treatment infrastructure, growing pharmaceutical manufacturing output, increasing investments in specialty chemical production. Major trends in the forecast period include increasing demand for bromine-based flame retardants, rising use of clear brine fluids in oil and gas operations, growing application in water treatment chemicals, expansion of bromine-based energy storage solutions, enhanced focus on high-purity bromine derivatives.
The rising demand for bromine in the textile industry is expected to drive the growth of the bromine market. The textile industry involves the production and processing of fibers, fabrics, and finished textiles. Bromine-based compounds, particularly brominated flame retardants (BFRs), are incorporated into textiles to improve fire resistance by reducing ignition risk and slowing the spread of flames. These compounds are especially important in applications requiring high fire safety, such as curtains, upholstery, and protective clothing. For instance, in October 2024, according to the Geneva Environment Network, a US-based organization, bromine consumption in the textile industry was 116 million tons in 2022 and is projected to rise to 147 million tons by 2030. Therefore, growing textile demand for fire-safe materials is propelling the bromine market.
Major companies in the bromine market are focusing on technological advancements, such as high-purity production processes, to improve product quality, enhance efficiency, and meet rising demand for bromine-based compounds across applications like flame retardants, water treatment, and pharmaceuticals. High-purity products contain very low levels of impurities, often exceeding 99% purity. For instance, in June 2023, ICL Group Ltd., an Israel-based specialty minerals company, launched water-soluble micronutrient and N-P-K fertilizers. These products provide high-purity water-soluble N-P-K (Nitrogen, Phosphorus, Potassium) and essential micronutrients, tailored to specific crop nutrient requirements.
In September 2024, Ultralife Corporation, a US-based manufacturer of batteries, acquired Electrochem Solutions, Inc. for an undisclosed sum. This acquisition is intended to help Ultralife Corporation broaden its product range and strengthen its capabilities within the energy solutions market. Electrochem Solutions, Inc. is a US-based company that focuses on advanced battery technology and energy solutions.
Major companies operating in the bromine market are ICL Group Limited, Albemarle Corporation, Lanxess AG, Tosoh Corporation, TATA Chemicals Ltd., Gulf Resources Inc., Solaris Chemtech Industries Limited, Perekop Bromine, Chemada Industries Ltd., Jordan Bromine Company Ltd., Shandong Weifang Longwei Industrial Co. Ltd., Israel Chemicals Ltd., TETRA Technologies Inc., Sujay Synthorg Chemicals Pvt. Ltd., Shandong Haiwang Chemical Co., Neogen Chemicals Ltd., Shandong Ocean Chemical Co. Ltd., Krishna Solvachem Ltd., Mody Chemi Pharma Ltd., Honeywell International Inc., Agrocel Industries Pvt. Ltd., Hindustan Salts Ltd., Merck KGaA, Pacific Organics Pvt. Ltd., Tokyo Chemical Industry Co. Ltd.
Asia-Pacific was the largest region in the bromine market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bromine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the bromine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The bromine market consists of sales of bromine for use in agriculture and as a fire retardant. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Bromine Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses bromine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for bromine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The bromine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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