Bromine Market
                     Bromine Market is projected to surpass US$ 2.2 billion by the end of 2027, growing at CAGR 
of 3.5% 
Bromine is a naturally occurring chemical element and is primarily used as a catalyst and 
synthesizing agent for the production of various products which include disinfectant, flame 
retardants, photographic chemicals, and water disinfectant. Automobile, agriculture and electronics 
are some of the major end-user industries of the bromine.
The global bromine market is projected to surpass US$ 2.2 billion by the end of 2027, in terms of 
revenue, growing at CAGR of 3.5% during the forecast period (2020 to 2027).
Market Dynamics
The global bromine market has witnessed significant growth in recent past years, owing to the 
rising demand for bromine and its compounds in agriculture. Asia Pacific is expected to be the 
fastest-growing region in the bromine market, owing to the large availability of raw materials. 
Furthermore, cheap labor cost, and easy availability of manufacturing facilities in India and China is
another factor propelling growth of the bromine market in this region.
Detailed Segmentation:
•Global Bromine Market, By Derivatives:
•Clear Brine Fluids
•Hydrogen Bromide
•Organobromines
•Global Bromine Market, By Application:
•Flame Retardants
•Biocides
•Oil and Gas Drilling
•Plasma Etching
•PTA Synthesis
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Major Keyplayers: Albemarle Corporation, Israel Chemicals Limited, Chemtura Corporation, 
Tosoh Corporation, Gulf Resources Inc., Tetra Technologies Inc., Tata Chemicals Limited, and 
Hindustan Salts Limited
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