Organic Personal Care Products Market 2029: Top Companies, Regional Growth Overview and Growth Factors Details by Regions, Types & Applications

Bromine Market is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Bromine market, identifying potential of the Bromine markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.

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Market Overview:

  • The global bromine market is expected to record a CAGR of over 4% during the forecast period 2019–2024. The primary factor driving the market studied is the growing demand from the power and chemical industries.
  • – The emergence of non-halogenated flame retardants is expected to hinder the growth of the market studied.
  • – The agriculture industry dominated the market in 2018, and it is expected to experience growth during the forecast period, owing to the increasing agricultural activities across the world.
  • – The innovation of various advanced energy storage technologies is likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the market across the world, with the most substantial consumption from countries, such as China and .<

    Key Market Trends:

    Bromine Based Battery segment is expected to drive the market

    – In recent years, many countries – such as China, Japan, , and Australia – are striving to boost their large-scale energy storage capacity through innovation go advanced battery technologies to enhance their electric storage stability.
    – In countries such as , China, and Japan, respective governments have laid regulations and reforms as well as various initiatives for modernizing the power sector.
    – The zinc-bromine flow battery is an electrochemical cell that store electric charges and is a hybrid flow battery. It generates DC (direct current) by converting chemical energy into electrical energy. Its electrodes act as substrates for the reactions and don’t participate in the electrochemical reaction. These have higher specific energy, smaller battery size, and higher battery capacity.
    – Zinc-bromine battery can be recharged and has high specific energy. Thus it is ideal for usage as a battery for energy storage in electric vehicles. Zinc-bromine battery can be made from readily available material and at a very low cost. Therefore there is a significant demand for the Bromine-based battery segment across the globe.
    – Hence, with the growing demand for bromine based batteries, the demand for consumption of bromine is also expected to increase rapidly over the forecast period.

    Asia-Pacific Region to Dominate the Market

    – Asia-Pacific region represents the largest regional market for bromine in 2018. The enormous demand for organobromines is a result of the growing need for Zinc-bromine flow batteries and increase in consumption of flame retardant products in the region.
    – In Asia-Pacific, China provides the primary market for the consumption of zinc-bromine flow batteries. Additionally, China is also a major consumer of brominated flame retardants across the globe.
    – The rapidly growing consumption of solar rooftops and electric vehicles in automotive sectors in Japan and China are expected to offer various opportunities for the growth of zinc-bromine flow batteries.
    – Electric vehicles sales in China are projected to exceed 2.35 million by 2020 and is expected to account for over half the world’s market share over the next decade. Thus there will be sufficient demand for zinc-bromide flow batteries in the region, which in turn increases the consumption of bromine over the forecast period.

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    Major Key Players are as Follows

  • Albemarle
  • Bio lab, inc US
  • Gulf resources
  • Hindustan salts limited
  • Honeywell international Inc
  • ICL Industrial PRODUCTS
  • Jordan Bromine Company Limited
  • LANXESS
  • Solaris Chemtech
  • Tata chemicals limited
  • Tetra technologies US
  • Tosoh

    Scope of the Report:

  • This report studies the global Bromine market size, industry status and forecast, competition landscape and growth opportunity.

    Geographical Regions:

    – China – – Japan – South Korea – United States – Canada – Mexico – Germany – United Kingdom – Italy – France – Brazil – Argentina – Saudi Arabia – South Africa.

    Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Bromine market report.

    Get a Sample Copy of the Bromine Market Report 2021

    Reasons to Purchase Bromine Market Report Covered:

    • The report examines how Bromine market will develop in the future.
    • Studying various views of the Bromine market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, Bromine market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Bromine market players

    Detailed TOC of Bromine Market – Growth, Trends, and Forecast (2019 – 2024)

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Demand from Power & Chemical Industries
    4.1.2 Demand of Bromine and its Derivatives from various industriesOther Drivers
    4.2 Restraints
    4.2.1 Emergence of Non-halogenated Flame Retardants
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Biocides
    5.1.1.1 Agriculture
    5.1.1.2 Water Treatment
    5.1.2 Flame Retardants (FR)
    5.1.3 Bromine Based Battery
    5.1.4 Clear brine fluids (CBF)
    5.1.5 Others
    5.2 Derivative
    5.2.1 Hydrogen Bromide
    5.2.2 Organo Bromines
    5.2.3 Bromide salts
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Rest of
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Albemarle
    6.4.2 Bio lab, inc US
    6.4.3 Gulf resources
    6.4.4 Hindustan salts limited
    6.4.5 Honeywell international Inc
    6.4.6 ICL Industrial PRODUCTS
    6.4.7 Jordan Bromine Company Limited
    6.4.8 LANXESS
    6.4.9 Solaris Chemtech
    6.4.10 Tata chemicals limited
    6.4.11 Tetra technologies US
    6.4.12 Tosoh

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Innovation of Various Advanced Energy Storage Technologies
    7.2 Other opportunities

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    Contact Info:

    Name: Ajay More

    Email: [email protected] 

    Organization: Absolute Reports

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