Global Bromine Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Bromine (Br2) is a reddish brown liquid that gives off dark red, highly corrosive fumes having a sharp, penetrating odor. It is indispensable raw material for inorganic pharmaceuticals, photosensitive materials, dyes and medicine. It is also the base ingredient used in the manufacturing of hydrobromic acid (HBr) which is further utilized as a raw material for organic intermediates and medicines including lithium bromide and terephthalic acid. It is obtained from seawater, natural brines, or as the by -product brines of potash recovery.
According to our (Global Info Research) latest study, the global Bromine market size was valued at USD 2028.8 million in 2022 and is forecast to a readjusted size of USD 2522.1 million by 2029 with a CAGR of 3.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Bromine key players include ICL, Albemarle, Lanxess (Chemtura Corporation), etc. Global top three manufacturers hold a share over 60%.
Middle East is the largest market, with a share about 50%, followed by China, and North America, both have a share over 35 percent. 
In terms of product, Dead Sea Brine is the largest segment, with a share over 50%. And in terms of application, the largest application is Flame Retardants, followed by Chemical Intermediate, etc.
This report is a detailed and comprehensive analysis for global Bromine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Bromine market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Bromine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Bromine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Bromine market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bromine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bromine market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ICL, Albemarle, Lanxess, Jordan Bromine Company (JBC) and Tosoh, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Bromine market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Dead Sea Brine
    Brine Wells
    Others
Market segment by Application
    Flame Retardants
    Biocides
    Drilling Fluids
    Chemical Intermediate
    Water Treatment
    Others
Major players covered
    ICL
    Albemarle
    Lanxess
    Jordan Bromine Company (JBC)
    Tosoh
    Solaris Chemtech (SCIL)
    Perekop Bromine
    Yuyuan Group
    Haiwang Chemical
    Dadi Salt Chemical Group
    Chengyuan Salt Chemical
    Lubei Chemical
    Runke Chemical
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bromine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bromine, with price, sales, revenue and global market share of Bromine from 2018 to 2023.
Chapter 3, the Bromine competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bromine breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Bromine market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bromine.
Chapter 14 and 15, to describe Bromine sales channel, distributors, customers, research findings and conclusion.