- Brominated Polystyrene
- Tetrabromobisphenol A
- Calcium Bromide
- Sodium Bromide
- Zinc Bromide
- Hydrobromic Acid
- Decabromodiphenyl Ethane (DBDPE)
- Others
Bromine Derivatives Market size was valued at USD 828.2 million in 2022 and is poised to grow at a significant CAGR of 5.3% over 2023-2029. The growing use age of bromine to control the emissions of mercury and increase in demand for halogenated flame retardants has positively impacted the market growth. Bourgeoning industries such as electronics, pharmaceuticals, and agriculture, alongside upcoming activities of construction in the Middle East and Asia Pacific, is projected to propel the market growth. Increasing consumption in China and India alongside booming manufacturing accomplishments is projected to up surge the market in the coming years. However, growing use age of non-halogenated flame retardants is anticipated to dampen the growth of market. These substances are used to inhibit the growth of microorganisms and it is also used to prolong shelf life and preserve quality of diverse products comprising cleaning materials, glues & sealers, cosmetics, coatings & dyes, wood & paper. Numerous disinfectants are derived from halogen.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Bromine derivatives are used for various purposes such as flame retardants, oil & gas, pharmaceuticals, biocides, other. Pharmaceuticals is one of the leading application segment for bromine derivatives. The growth can be attributed to rising use age of NaBr for for the manufacture of anti-epileptic drugs (AEDs) and medicinal intermediates due to its anti-seizure properties. Growing oil & gas exploration undertakings has led to extensive use age of calcium bromide (CaBr) and NaBr such as drilling fluid for removal of petroleum products, which is enhancing the whole bromine derivatives market.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.