Bromine Market Overview:

Bromine is also preferably used in water treatment applications. Increasing regulation pertinent to water treatment is estimated to boost the market demand in various geographies. Conventional bromine applications include, oil & natural gas production, biocides, organic intermediates and others.

Along with these applications, growing end-use industries namely personal care, cosmetics and pharmaceuticals is set to boost the bromine market demand over the forecast period. Relatively new bromine applications include, paper making, pesticides, and antibiotics. Growth of such new applications will further fuel the global bromine market demand.

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Governments across the globe are focusing on the fire safety in industrial environments. Such safety concerns are resulted into government regulations and guidelines for various end use industries. With the growth of such industries, which include automotive, construction, electrical & electronics, bromine demand in flame retardant application is growing at faster pace. Increasing fire safety regulations in various industries is estimated to be the most prominent driving factor for the global bromine market. Large part of bromine that is produced annually is consumed for the flame-retardant application. In 2016, around 46% of the overall bromine produced was consumed for flame retardant application.

However, bromine market demand growth restricted by some of the negative factors. Some of the factors are ban on methyl bromide in pesticide application, owing to the toxic properties. Methyl bromide is considered as an ozone depleting agent and is subjected to phase out regulations from various governments. Additionally, brominated flame retardants are being replaced by its alternatives such as aluminium trihydroxide, and magnesium hydroxide. This factor has hampered the global bromine market growth

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Competitive Analysis

Some of the prominent players operating in the global bromine market are Israel Chemicals Limited (Israel), Albemarle Corporation (U.S.), Chemtura Corporation (U.S.), Tosoh Corporation (Japan), Tata Chemicals Ltd (India), Gulf Resources Inc. (China), TETRA Technologies, Inc. (U.S.), Hindustan Salts Limited (India), Honeywell International Inc. (U.S.), and Perekop bromine (Republic of Crimea).

Segmental Analysis:

The global bromine market is segmented into derivatives, application, and end-user industry.

On the basis of the derivatives, the market is segregated into organobromines, clear brine fluid, hydrogen bromides, others.

The market by the application is further categorized into flame retardants, mercury emission control, oil and gas drilling, BHR flow batteries, water treatment, pesticides, and others.

On the basis of the end use industry, the market is segregated into oil & gas, automotive, agriculture, pharmaceuticals, cosmetics, textiles, and others.

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Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Bromine Market

Continued……

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