Bromine Market worth $4.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 21, 2023 /PRNewswire/ — The report Bromine Market by Derivative (Organobromine, Clear Brine Fluids and Hydrogen Bromide), Application (Flame Retardants, PTA Synthesis, Water Treatment & Biocides, HBR Flow Batteries), End-User & Region – Global Forecast to 2028″, is expected to grow from USD 3.6 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 4.2%. The major factors driving the bromine market is extensive consumption in diversified applications, such as flame retardants, plasma etching, water treatment, pesticide formulation, among others.

MarketsandMarkets Logo

Browse in-depth TOC on “Bromine Market” 
391 – Tables 
51 – Figures 
321 – Pages

Download PDF Brochure:

By derivative, the organobromine segment accounted for the highest share of bromine market during 2023 to 2028.

The organobromine segment, by derivative, market accounted highest share. Flame retardants and biocides are some of the major applications of organobromine. Some organobromine derivatives are also used in water treatment applications, such as cleaning up pools and spas. Organobromine is used in various industries such as electronics, textiles, and plastics.

By application, the flame retardants segment accounted for the highest share of the bromine market during 2023 to 2028.

The flame retardants segment, by application, market accounted for the highest share. Brominated flame retardants such as polybrominated diphenyl ethers (PBDEs), polybrominated biphenyl (PBB), and brominated cyclo-hydrocarbons are used for various applications. Stringent fire safety regulations and expanding shipbuilding industries drive demand for flame retardants worldwide. Brominated flame retardants are used in computer, television, home appliances, electrical wires and many other products.

Request Sample Pages:

Asia Pacific is the largest region in the Bromine market.

Increasing use of flame retardants in various countries is the major driving factor of the bromine market in the region. The region is one of the major manufacturers and importers of bromine and its related products. The market in Asia Pacific is witnessing the highest growth rate due to the rapid economic expansion of various countries and the increasing consumption of bromine by major industries such as automobile, oil & gas , among others. China is one of leading market of bromine in the region. Due to the growing demand of brominated flame retardants, the demand of organobromine derivative of bromine is increasing in the region.

Market Players :

The major players operating in the bromine market include ICL Group Ltd. (Israel), Albemarle Corporation (US), LANXESS AG (Germany), Tosoh Corporation (Japan), TETRA Technologies, Inc. (US), Solaris Chemtech Industries Ltd. (India), TATA Chemicals Ltd. (India), Hindustan Salts Ltd. (India), Honeywell International Inc. (US), Gulf Resources, Inc. (China), Agrocel Industries Pvt Ltd. (India), Satyesh Brinechem Pvt. Ltd. (India) and others.

Browse Adjacent Market: Bulk Chemicals and Inorganics Market Research & Consulting

Related Reports:

Biocides Market  – Global Forecast to 2027

Flame Retardants for Engineering Resins Market – Global Forecast to 2026

About MarketsandMarkets™ 

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Mr. Aashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: +1-888-600-6441 
Email: [email protected] 
Research Insight: 
Visit Our Website: 
Content Source:



Cision View original content:—exclusive-report-by-marketsandmarkets-301803857.html

Bromine Market worth $4.4 billion by 2028 - Exclusive Report by MarketsandMarkets™ WeeklyReviewer

PR Newswire Science News

World Reviewer Staff
World Reviewer Staff
The first logical thought has to be "no way". I'm the World Observer! Ill find and share important news all day.

Latest articles

Earnings Disclosure

WeeklyReviewer earns primarily through affiliates and ads. We don’t encourage anyone to click on ads for any other purpose but your own. We recommend products and services often for our readers, and through many we will earn commissions through affiliate programs.

Related articles