Bromine Derivatives Market Size and Share : Global Industry Analysis and Opportunity Assessment, 2016-2026

Albany, NY -- (SBWire) -- 10/16/2017 --Bromine is a naturally occurring element found in seas, lakes and underground wells. Bromine resources are geographically distributed, with the Dead Sea being the richest resource of bromine, with concentration of 1012 gram per litre. Israel is the largest producer of bromine, followed by the U.S. and China. Its derivatives are widely use as reactants and catalysts for manufacturing of variety of products such as agrochemicals, biocides, water disinfectant, pharmaceuticals intermediates, dyes, completion fluids, flame retardants and photographic chemicals, among others.

Bromine derivatives produced globally are consumed by rubber and plastics industries for manufacturing various flame-retardant products. Growth of the bromine derivatives market is expected to be driven by increasing demand for plastics from the automobile and electronics industry. Demand for bromine derivatives is expected to increase owing to increasing consumption for plasma etching. Furthermore, bromine derivatives are used as clear brine fluids such as sodium bromide, calcium bromides and zinc bromides. Growth of the oil and gas industry is projected to expand at a CAGR of 1.6% in terms of value over next five years, which is anticipated to drive consumption of bromine derivatives in parallel.

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Besides this, countries such as the U.S., Germany, Canada and the U.K. have either banned or restricted the use of certain brominated flame retardants in plastics and electronics products, as it adversely affects the environment and human health. Owing to this, environmental and legislative influences over the use of bromine derivatives and increasing competition from non-halogenated flame retardant manufacturers are factors restraining growth of the global bromine derivatives market.

In terms of market volume, Asia Pacific is estimated to dominate the bromine derivative market throughout the forecast period, registering a CAGR of 3.8% over 20162026. In 2015, China dominated the global bromine derivatives market in term of consumption, with volume share of 28.2%, and this trend is projected to continue over the forecast period. Apart from China, India and Japan are major consumers of bromine derivatives, and revenues from the bromide derivatives markets in these countries is expected to witness above average growth over the forecast period, translating into a collective incremental opportunity of US$ 263.5 Mn. Beside this, growing stringency of government regulations on the use of halogenated flame retardants in the U.S., Canada and EU countries is a factor expected to result in decreased consumption of bromine derivatives in these geographies. Owing to this, markets in North America, Europe and Africa are anticipated to exhibit sluggish revenue growth rates of between 3.4% and 3.9% respectively over the forecast period. The global bromines derivatives market is estimated to be valued at US$ 3,702.3 Mn in 2016 end, and expected to register a CAGR of 4.2% in terms of value during forecast period 20162026. In volume terms, global consumption of bromine derivatives is expected to stand at 873.6 KT by the end of 2016.

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Key players covered in this study include ICL-Group, Albemarle Corporation, Chemtura Corporation, TETRA Technologies Inc., Gulf Resources Inc., Tosoh Corporation and Tata Chemicals Limited. Strategic collaborations between key players and sharing of manufacturing technology for new product development is a key growth strategy adopted by major players in the market.

Table Of Content

1. Executive Summary

2. Bromine derivatives Market Overview
2.1. Market Definition
2.2. Market Taxonomy

3. Global Bromine Derivatives Analysis Scenario
3.1. Pricing Analysis
3.1.1. Pricing Assumption
3.1.2. Price Projection Per region
3.2. Market Size (US$ Mn) and Volume (Units) forecast
3.2.1. Market Size & Y-o-Y Growth
3.2.2. Absolute $ Opportunity
3.3. Market Overview
3.3.1. Value Chain
3.3.2. Profitability margin

4. Bromine Derivatives Market Dynamics
4.1. Driver
4.2. Restraints
4.3. Opportunity
4.4. Trends

5. Global Bromine Derivatives Market analysis and forecast, By Derivatives
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis by Derivatives
5.1.2. Y-o-Y Growth Projections by Derivatives
5.2. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
5.2.1. Sodium Bromide
5.2.2. Calcium Bromide
5.2.3. Zinc Bromide
5.2.4. TBBPA
5.2.5. DBDPE
5.2.6. Others
5.3. Market Attractiveness Analysis by Derivatives

6. Global Bromine Derivatives Market analysis and forecast, By Applications
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Applications
6.1.2. Y-o-Y Growth Projections by Applications
6.2. Market Size (US$ Mn) and Volume (Units) Forecast By Application
6.2.1. Flame Retardant
6.2.2. Organic Intermediate
6.2.3. Oil & Gas Drilling
6.2.4. Biocides
6.2.5. PTA Synthesis
6.2.6. Others
6.3. Market Attractiveness Analysis by Derivatives

7. Global Bromine Derivatives Market analysis and forecast, By End Use
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by End Use
7.1.2. Y-o-Y Growth Projections by End Use
7.2. Market Size (US$ Mn) and Volume (Units) Forecast by End use
7.2.1. Chemical
7.2.2. Construction
7.2.3. Oil & Gas
7.2.4. Pharmaceuticals
7.2.5. Electronics
7.2.6. Others
7.3. Market Attractiveness Analysis by End Use

8. Global Bromine Derivatives Market analysis and forecast, By Region
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Region
8.1.2. Y-o-Y Growth Projections by Region
8.2. Market Size (US$ Mn) and Volume (Units) Forecast By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe & Africa
8.2.4. APAC
8.2.5. Middle East
8.3. Market Attractiveness Analysis by Region

9. North America Bromine Derivatives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
9.2.1. U.S.
9.2.2. Canada
9.3. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
9.3.1. Sodium Bromide
9.3.2. Calcium Bromide
9.3.3. Zinc Bromide
9.3.4. TBBPA
9.3.5. DBDPE
9.3.6. Others
9.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
9.4.1. Flame Retardant
9.4.2. Organic Intermediate
9.4.3. Oil & Gas Drilling
9.4.4. Biocides
9.4.5. PTA Synthesis
9.4.6. Others
9.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
9.5.1. Chemical
9.5.2. Construction
9.5.3. Oil & Gas
9.5.4. Pharmaceuticals
9.5.5. Electronics
9.5.6. Others
9.6. Market Attractiveness Analysis
9.6.1. By Country
9.6.2. By Derivatives
9.6.3. By Applications
9.6.4. By End Use

10. Latin America Bromine Derivatives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
10.3.1. Sodium Bromide
10.3.2. Calcium Bromide
10.3.3. Zinc Bromide
10.3.4. TBBPA
10.3.5. DBDPE
10.3.6. Others
10.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
10.4.1. Flame Retardant
10.4.2. Organic Intermediate
10.4.3. Oil & Gas Drilling
10.4.4. Biocides
10.4.5. PTA Synthesis
10.4.6. Others
10.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
10.5.1. Chemical
10.5.2. Construction
10.5.3. Oil & Gas
10.5.4. Pharmaceuticals
10.5.5. Electronics
10.5.6. Others
10.6. Market Attractiveness Analysis
10.3.1. Sodium Bromide
10.3.2. Calcium Bromide
10.3.3. Zinc Bromide
10.3.4. TBBPA
10.3.5. DBDPE
10.3.6. Others
10.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
10.4.1. Flame Retardant
10.4.2. Organic Intermediate
10.4.3. Oil & Gas Drilling
10.4.4. Biocides
10.4.5. PTA Synthesis
10.4.6. Others
10.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
10.5.1. Chemical
10.5.2. Construction
10.5.3. Oil & Gas
10.5.4. Pharmaceuticals
10.5.5. Electronics
10.5.6. Others
10.6. Market Attractiveness Analysis
10.6.1. By Country
10.6.2. By Derivatives
10.6.3. By Applications
10.6.4. End Use

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11. Europe & Africa Bromine Derivatives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
11.2.1. EU-5
11.2.2. BENELUX
11.2.3. NORDIC
11.2.4. Eastern Europe
11.2.5. Africa
11.2.6. Rest of Europe
11.3. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
11.3.1. Sodium Bromide
11.3.2. Calcium Bromide
11.3.3. Zinc Bromide
11.3.4. TBBPA
11.3.5. DBDPE
11.3.6. Others
11.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
11.4.1. Flame Retardant
11.4.2. Organic Intermediate
11.4.3. Oil & Gas Drilling
11.4.4. Biocides
11.4.5. PTA Synthesis
11.4.6. Others
11.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
11.5.1. Chemical
11.5.2. Construction
11.5.3. Oil & Gas
11.5.4. Pharmaceuticals
11.5.5. Electronics
11.5.6. Others
11.6. Market Attractiveness Analysis
11.6.1. By Country
11.6.2. By Derivatives
11.6.3. By Applications
11.6.4. By End Use

12. Asia Pacific Bromine Derivatives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
12.2.1. China
12.2.2. Japan
12.2.3. India
12.2.4. ASEAN
12.2.5. Rest of APAC
12.3. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
12.3.1. Sodium Bromide
12.3.2. Calcium Bromide
12.3.3. Zinc Bromide
12.3.4. TBBPA
12.3.5. DBDPE
12.3.6. Others
12.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
12.4.1. Flame Retardant
12.4.2. Organic Intermediate
12.4.3. Oil & Gas Drilling
12.4.4. Biocides
12.4.5. PTA Synthesis
12.4.6. Others
12.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
12.5.1. Chemical
12.5.2. Construction
12.5.3. Oil & Gas
12.5.4. Pharmaceuticals
12.5.5. Electronics
12.5.6. Others
12.6. Market Attractiveness Analysis
12.6.1. By Country
12.6.2. By Derivatives
12.6.3. By Applications
12.6.4. By End Use

13. Middle East Bromine Derivatives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.2. Market Size (US$ Mn) and Volume (Units) Forecast By Country
13.2.1. GCC
13.2.2. Rest of Middle East
13.3. Market Size (US$ Mn) and Volume (Units) Forecast By Derivatives
13.3.1. Sodium Bromide
13.3.2. Calcium Bromide
13.3.3. Zinc Bromide
13.3.4. TBBPA
13.3.5. DBDPE
13.3.6. Others
13.4. Market Size (US$ Mn) and Volume (Units) Forecast By Applications
13.4.1. Flame Retardant
13.4.2. Organic Intermediate
13.4.3. Oil & Gas Drilling
13.4.4. Biocides
13.4.5. PTA Synthesis
13.4.6. Others
13.5. Market Size (US$ Mn) and Volume (Units) Forecast by End use
13.5.1. Chemical
13.5.2. Construction
13.5.3. Oil & Gas
13.5.4. Pharmaceuticals
13.5.5. Electronics
13.5.6. Others
13.6. Market Attractiveness Analysis
13.6.1. By Country
13.6.2. By Derivatives
13.6.3. By Applications
13.6.4. By End Use

14. Competition Landscape

15. Company Profile
15.1. Israel Chemicals Limited
15.2. Albemarle Corporation
15.3. Tosoh Corporation
15.4. Tata Chemicals Limited
15.5. Chemtura Corporation
15.6. Gulf Resources Inc.
15.7. Hindustan Salts Limited
15.8. Tetra Technologies Inc.