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Bromine Market By Derivative (Organobromines, Clear Brine Fluids, Hydrogen Bromide), By Application (Flame Retardants, Water Treatment, HBr Flow Batteries, Mercury Emission Control, PTA Synthesis) & By Region (North America, Latin America, Europe, APAC, MEA) - Forecast to 2027

Published: January, 2022
ID: 8390
Pages: 175

Bromine Market Size, Share, Trends & Forecast (2022 - 2027):

The size of the Bromine Market is predicted to progress from USD 4.5 billion in 2021 to USD 6.3 billion by 2026, with a compound annual growth rate of 7.2% from 2021 to 2026.

Industry expansion is driven by the cultivation call of Bromine in flame retardants, mercury emission control, water treatment, and oil and gas drilling. Bromine is an element that exists as a red liquid at room temperature. It is the third-largest halogen-bearing element with an atomic number of 35. Bromine is a broadly employed catalyst for the production of a range of goods. The Dead Sea is considered the main source of bromine, while the United States and Israel are the main producers in the world

Among the various derivatives segments in the bromine industry, organobromine is predicted to be the main segment of the industry and to show a considerable CAGR during the foreseen years. In addition, stringent fire safety regulations around the world are predicted to further fuel expansion in the segment. Furthermore, the rising call for organobromine as biocides, especially in agrarian nations, is another engine for expansion in the segment.

Bromine Market Drivers:

Globally, multi-million dollar properties are lost each year due to fire-related accidents. Insurance companies have to use a significant part of their income to settle claims on assets, infrastructure and human lives lost in fire accidents. This makes anti-inflammatory agents or flame retardants crucial chemicals, as they minimize the risk of fire for almost all manufactured products. They release carbon dioxide or free radicals that combine with oxygen molecules, stopping the oxidation process.

Restraints in the Bromine Market:

Brominated compounds, such as flame retardants, have been consistently added to consumer products such as electronics, plastics, and more for several decades, as part of a successful effort to reduce related injuries, fire, and property damage. Recently, concerns about this class of chemicals have escalated due to the harmful and toxicological effect it has on health and the environment. The widespread production and use of brominated flame retardants (BFRs) lead to further pollution of the environment. These compounds also have a detrimental effect on animals and wildlife. However, current toxicological databases do not allow an understanding of the risk. Many of the existing studies involve commercial mixtures but do not represent human exposure. The future course of these studies should focus on congeners, and potentially their metabolites or breakdown products, to understand the risk associated with commercially available bromine derivatives.

Opportunities in the Bromine Market:

Hydrogen bromide flow batteries are included in the category of high-power density membrane flow batteries. EnStorage Inc. (Israel), a developer of large-scale electricity storage solutions, produced 50.0 KW hydrogen-bromine flux (HBr) grid-connected batteries, which were connected to the company's test site in the south of Israel to deliver up to 100.0 kWh of energy. The network became operational in March 2018. EnStorage Inc. flow batteries use HBr and H2 as storage chemicals. Hydrogen and bromine flux batteries are a reliable source of durable energy for large-scale industrial units. They are currently employed as reliable energy storage solutions in various industrial units worldwide.

Challenges in the Bromine Market:

In the oil and gas industry, clear brine fluids (CBFs) are widely employed in the completion and reconditioning of well drilling activities. CBF's activities are highly dependent on oil and gas prices. The number of platforms in the Gulf of Mexico is a useful indicator of future call for CBF products. The number of rigs in the Gulf of Mexico fell in 2019 due to low oil and natural gas prices and remained low in early 2020. As a result, call for CBF products in the terrestrial and international industries was have been affected by low prices. There has been a significant drop in natural gas and oil prices since the beginning of 2019.




Market Size Available

2021– 2026

Base Year


Forecast Period

2022- 2027



Segments Covered

By Application, By Derivative, By Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Israel Chemicals Limited (Israel), Albemarle Corporation (US), LANXESS Corporation (Germany), Tosoh Corporation (Japan), Tata Chemicals Limited (India), Gulf Resources Inc. (China), TETRA Technologies, Inc. (US).

Bromine Market Segmentation as per the research report until 2027.

Bromine Market By Application:

  • Flame Retardants
  • Oil & Gas Drilling
  • PTA Synthesis
  • Water Treatment & Biocides
  • Mercury Emission Control
  • Pesticides
  • HBr Flow Batteries
  • Plasma Etching
  • Pharmaceutical
  • Others

Depending on the application, the flame retardant segment accounted for the majority of the bromine industry in 2020. Strict Fire safety standards implemented by regulators increase the consumption of flame retardants in various end-use industries.

Bromine Market By Derivative:

  • Organobromine
  • Clear Brine Fluids
  • Hydrogen Bromide

On the basis of derivatives, the organobromine sector has led the industry in 2019, as it is broadly employed in the making of brominated flame retardants.

Bromine Market - By Region:

The Bromine Market report includes the segmentation of Regions with their respective Nations.

  • North America

  • Europe 

  • Asia Pacific 

  • Latin America 

  • Middle East & Africa

By region, Asia Pacific is predicted to be the largest bromine industry in 2020. Bromine call in this region is primarily due to its escalating use in China, Japan, and India. The escalating development of infrastructure and escalating disposable incomes of the middle-class population in the Asia Pacific have fueled calls for flame retardants, which are widely employed in insulation and in the manufacture of plastic and electronic components. China is predicted to be the dominant and fastest-rising industry for bromine in the Asia-Pacific region, mainly due to the escalating call for brominated flame retardants in the country.

The European region is predicted to show moderate expansion and is mainly driven by a well-developed automotive and cosmetic industry. In addition, escalating oil and gas drilling activities, primarily in Russia, are predicted to accelerate industry expansion. In addition, escalated construction and call for consumer electronics are predicted to increase calls for bromine in developing nations in Latin America and the Middle East and Africa.

Bromine Market Key Players:

  1. Israel Chemicals Limited (Israel)

  2. Albemarle Corporation (US)
  3. LANXESS Corporation (Germany)
  4. Tosoh Corporation (Japan)
  5. Tata Chemicals Limited (India)
  6. Gulf Resources Inc. (China)
  7. TETRA Technologies, Inc. (US)

1. Introduction                                

               1.1 Market Definition                    

               1.2 Study Deliverables                  

               1.3 Base Currency, Base Year and Forecast Periods                          

               1.4 General Study Assumptions                 

2. Research Methodology                                          

               2.1 Introduction                             

               2.2 Research Phases                      

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design                        

               2.4 Study Timeline                         

3. Overview                                     

               3.1 Executive Summary                

               3.2 Key Inferences                         

               3.3 Epidemology                            

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

               4.1 Market Drivers                         

               4.2 Market Restraints                   

               4.3 Key Challenges                         

               4.4 Current Opportunities in the Market               

5. Market Segmentation                                            

               5.1 Derivative                   

                              5.1.1 Introduction           

                              5.1.2 Organobromines   

                              5.1.3 Clear Brine Fluids  

                              5.1.4 Hydrogen Bromide              

                              5.1.5  Y-o-Y Growth Analysis, By Derivative          

                              5.1.6  Market Attractiveness Analysis, By Derivative         

                              5.1.7  Market Share Analysis, By Derivative          

               5.2 Application                 

                              5.2.1 Introduction           

                              5.2.2 Flame Retardants 

                              5.2.3 Water Treatment  

                              5.2.4 HBr Flow Batteries              

                              5.2.5 Mercury Emission Control 

                              5.2.6 PTA Synthesis         

                              5.2.7 Y-o-Y Growth Analysis, By Application         

                              5.2.8  Market Attractiveness Analysis, By Application      

                              5.2.9  Market Share Analysis, By Application       

6. Geographical Analysis                                            

               6.1 Introduction                             

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                    By Geographical Area

                                    By Derivative

                                    By Application

                              6.1.4  Market Attractiveness Analysis      

                                    By Geographical Area

                                    By Derivative

                                    By Application

                              6.1.5  Market Share Analysis       

                                    By Geographical Area

                                    By Derivative

                                    By Application

               6.2 North America                         

                              6.1.1 Introduction           

                              6.1.2 United States         

                              6.1.3 Canada     

               6.3 Europe                        

                              6.2.1 Introduction           

                              6.2.2 U.K            

                              6.2.3 Spain         

                              6.2.4 Germany  

                              6.2.5 Italy           

                              6.2.6 France      

               6.4 Asia-Pacific                

                              6.3.1 Introduction           

                              6.3.2 China        

                              6.3.3 India         

                              6.3.4 Japan        

                              6.3.5 Australia   

                              6.3.6 South Korea           

               6.5 Latin America                           

                              6.4.1 Introduction           

                              6.4.2 Brazil         

                              6.4.3 Argentina 

                              6.4.4 Mexico     

                              6.4.5 Rest of Latin America          

               6.6 Middle East & Africa              

                              6.5.1 Introduction           

                              6.5.2 Middle-East           

                              6.5.3 Africa        

7. Strategic Analysis                                      

               7.1 PESTLE analysis                        

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis                             

                              7.2.1 Bargaining Power of Suppliers         

                              7.2.2 Bargaining Power of Consumers     

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                       

               8.1 Israel Chemicals Limited (Israel)                        

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2 Albemarle Corporation (US)                

               8.3 Chemtura Corporation (US)                 

               8.4 Tosoh Corporation (Japan)                  

               8.5 Tata Chemicals Ltd (India)                    

               8.6 Gulf Resources Inc. (China)                  

               8.7 TETRA Technologies, Inc. (US)                           

               8.8 Hindustan Salts Limited (India)                          

               8.9 Honeywell International Inc. (US)                     

               8.10 Perekop bromine (Republic of Crimea)                        

9. Competitive Landscape                                         

               9.1 Market share analysis                           

               9.2 Merger and Acquisition Analysis                       

               9.3 Agreements, collaborations and Joint Ventures                          

               9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         


               a) List of Tables                

               b) List of Figures                             

  1. Global Bromine Market  By Region, From 2022 - 2027( USD Billion )

  2. Global Bromine Market  By Derivative, From 2022 - 2027( USD Billion )

  3. Global Organobromines Market By Region, From 2022 - 2027( USD Billion )

  4. Global Clear Brine Fluids Market By Region, From 2022 - 2027( USD Billion )

  5. Global Hydrogen Bromide Market By Region, From 2022 - 2027( USD Billion )

  6. Global Bromine Market  By Application , From 2022 - 2027( USD Billion )

  7. Global Flame Retardants Market By Region, From 2022 - 2027( USD Billion )

  8. Global Water Treatment Market By Region, From 2022 - 2027( USD Billion )

  9. Global HBr Flow Batteries Market By Region, From 2022 - 2027( USD Billion )

  10. Global Mercury Emission Control Market By Region, From 2022 - 2027( USD Billion )

  11. Global PTA Synthesis Market By Region, From 2022 - 2027( USD Billion )

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