Los Angeles, CA -- (SBWire) -- 02/01/2019 --Hydrobromic acid is a type of clear or yellowish liquid containing hydrogen bromide and water. The acid is commercially available in concentrations of 48% and 62%. Hydrobromic acid can be used in the preparation of various chemical intermediates, synthetic dyes, drugs, perfumes and bromides. First, the hydrobromic acid industry is relatively concentrated: due to the high barriers (raw material barriers) only limited countries are involved in the business. Major manufacturers of hydrobromic acid are mainly in US, Israel, EU and China.
Second, the global production of hydrobromic acid increases from 293400 MT in 2010 to 215750 MT in 2015, with an average growth rate of more than 6.35 %. ICL-IP, Albemarle and Chemtura Corporation are the world leaders. Third, the product has high value, and the price of the product is also high. The price of hydrobromic acid is affected by the raw material bromine supply. The raw material of bromine is from sea water and underground wells, and the Dead Sea is rich in bromine resources, so the region near the Dead Sea is the world's largest production base of bromine and hydrobromic acid.
The global Hydrobromic Acid market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
This report focuses on Hydrobromic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydrobromic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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The following manufacturers are covered:
ICL-IP
Albemarle
Chemtura
Jordan Bromine
Tosoh
Tata Chemicals
Haiwang Chemical
Weifang Longwei
Haoyuan Group
Segment by Regions
North America
Europe
China
Japan
Segment by Type
48% HBr
62% HBr
Segment by Application
Inorganic Bromides
Organic Bromine
Pharmaceuticals
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Hydrobromic Acid Market Research Methodology and Competitive Analysis and Estimation Forecast by 2025
Hydrobromic Acid Market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.