-- Rising adoption of hydraulic fracturing and horizontal drilling techniques and high demand for halogenated flame retardants are the major factors driving the market growth. However, the ban on the usage of brominated flame retardant by the government is restraining the market growth.
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Bromine is a natural element found in underground wells, lakes, and oceans. This element is geographically distributed around the world, with the Dead Sea having the highest concentration of bromine. Bromine derivatives are widely utilized as catalysts and reactants for manufacturing several types of products like water disinfectants, dyes, flame retardants, agrochemicals, pharmaceutical intermediates, completion fluids, and biocides, among others.
Based on the derivative, the zinc bromide segment is likely to have a huge demand. Zinc bromide (ZnBr2) is a colorless salt that has many properties in common with zinc chloride (ZnCl2). It is used as a transparent shield against radiation. ZnBr2 is used as an electrolyte in zinc bromide batteries that are rechargeable.
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By geography, North America is going to have a lucrative growth during the forecast period because the region is one of the crucial producers of natural gas and has also been observing steady growth in the production of shale gas.
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End Users Covered:
• Construction
• Chemical
• Oil & Gas
• Pharmaceuticals
• Electrical & Electronics
• Agriculture
• Paper & Textiles
• Personal Care
• Other End Users
Applications Covered:
• Elastomers
• Flame Retardants
• Organic Intermediates
• Purified Terephthalic Acid (PTA) Synthesis
• Biocides
• Mercury Emission Control
• Water Treatment & Management
• Clear Brine Fluids
• Industrial
• Fumigants
• Pesticides
• Hydrogen/Bromine (HBr) Flow Batteries
• Plasma Etching
• Other Applications
Derivatives Covered:
• Calcium Bromide
• Tetrabromobisphenol A (TBBPA)
• Brominated Polystyrene
• Hydrobromic Acid
• Sodium Bromide
• Decabromodiphenyl Ethane (DBDPE)
• Zinc Bromide
• Potassium Bromide
• Ethylene Dibromide
• Methyl Bromide
• Octabromodiphenyl Oxide
• Hydrogen Bromide (HBR)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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