Zinc bromide

The Worldwide Bromine Industry is Expected to Reach $4.1 Billion by 2026 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 9, 2021
Chemicals, Plastics, Manufacturing, Hydrogen, Bromine, Final good, Region, USD, PBB, Sodium bromide, CAGR, PTA, Transport, Growth, Refrigeration, Organobromine compound, Calcium bromide, Natural gas, Zinc bromide, Textile, BFR, Agriculture, Polybrominated diphenyl ethers, Lithium

The bromine market is projected to grow from USD 3.3 billion in 2021 to USD 4.1 billion by 2026, at a CAGR of 4.5% from 2021 to 2026.

Key Points: 
  • The bromine market is projected to grow from USD 3.3 billion in 2021 to USD 4.1 billion by 2026, at a CAGR of 4.5% from 2021 to 2026.
  • The increasing demand for bromine in flame retardants, mercury emission control, water treatment & biocides, oil & gas drilling and PTA synthesis is expected to drive the bromine market.
  • This is expected to fuel the drilling & exploration activities in these region, thus fueling the growth of the bromine.
  • The demand for bromine in brominated flame retardants has been increasing since the past few years outpacing the supply of bromine.