Bromine Market by Derivative (Organobromine, Hydrogen Bromide, and Clear Brine Fluids), Application (Oil & Gas, Flame Retardants, Biocide, and Plasma Etching), and by Region - Global Forecast to 2021
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Published: Aug 2016 No. of Pages: 152 Single User PDF: US$ 5650
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Bromine Market: Global Forecast to 2021
“An increasing demand of bromine for oil & gas drilling and production of flame retardants used in the automobile and electronics industries is driving the demand for bromine� The market size for bromine is projected to reach USD 9.82 billion by 2021, registering a CAGR of 12.4% between 2016 and 2021. Increasing demand from the end-use industries such as automotive, agricultural, electronics, and oil & gas are the major drivers of the bromine market. The automotive, water treatment, electronic, and drilling activities are growing in the emerging markets of Asia-Pacific such as China, India, and other Southeast Asian countries. With the increasing usage of bromine in the production of flame retardants, biocides, and PTA synthesis in some major economies, such as India, China, and Japan, the market is expected to grow further. Hence, bromine is increasingly used in various end-use industries, and is expected to grow rapidly in the near future.
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Bromine Market: Global Forecast to 2021
Asia-Pacific, the largest market for bromine Asia-Pacific is the most favorable market for chemicals, power, and fuels and is anticipated to be the same in the coming future. The continuous rise in the production of bromine for the electronics, automobiles, and agricultural industries within the region, and for exports drives a huge demand for the bromine in terms of derivative as well as application. The excessive growth in the end-use industries and modernization along with the industry consolidations are expected to ascertain a bright future for the bromine industry in the region. ďƒ˜ By Company Type - Tier 1 - 25%, Tier 2 - 33%, and Tier 3 - 42% ďƒ˜ By Designation:- Managers- 37%, Consultants - 13%, Directors - 10%, and Sales Executive - 40% ďƒ˜ By Region - Asia-Pacific - 30%, Europe - 27%, North America - 25%, and Latin America and the Middle East & Africa - 18%
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Bromine Market: Global Forecast to 2021
Reasons to buy the report:
To understand the global, regional, and national scenarios To understand the market trends and dynamics along with key factors affecting To identify the present and upcoming market opportunities To identify the potential markets in various regions for bromine To track the recent developments in the bromine market To understand the competitive background of the industry and positioning of participants in the market
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Bromine Market: Global Forecast to 2021
The report also includes company profiles and competitive strategies adopted by the major market players, such as Albemarle Corporation (U.S.), Chemtura (U.S), Jordan Bromine Ltd (Jordan), Tosoh Corporation (Japan), and Israel Chemical Ltd (Israel). Complete report on Bromine Market spread across 152 pages, profiling 10 companies and supported with 145 tables and 39 figures is now available at http://www.marketreportshub.com/bromine-its-derivatives-industryresearch-marketsandmarkets.html
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