Bromine Market - Global Trends & Forecasts 2018

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MarketsandMarkets Presents

• Bromine Market
• Global Trends Forecasts 2018

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• This Bromine market report includes three
  different derivatives of bromine -
  organobromines, clear brine fluids, and hydrogen
  bromide. Organobromines are brominated organic
  compounds. Brine fluids are synthesized by making
  a heavy solution of calcium bromide (CaBr2),
  sodium bromide (NaBr), and zinc bromide (ZnBr2)
  in water. Hydrogen bromide is synthesized by
  reacting hydrogen gas with bromine or by reacting
  concentrated sulfuric acid with sodium bromide.
• Bromine its derivatives are used in
  applications such as flame retardants, biocides,
  oil and gas drilling, pharmaceutical
  formulations, HBr flow battery, medicinal,
  fumigants, plasma etching, and PTA synthesis. Its
  end-user industries include construction,
  textile, oil gas, agricultural, automotive,
  furnishing, shipbuilding, electronics, and water
  treatment.

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• http//www.marketsandmarkets.com/Market-Reports/br
  omine-market-42782196.html
• The bromine market is increasing owing to the
  factors such as
• Strict environmental policies and favourable
  regulations encouraging the use of bromine in
  coal fired power plants to reduce mercury
  containing effluents
• Increasing demand and production of oil and gas
• Growth in electronics and automotive industries
  in the major countries
• Increasing demand for fumigants, disinfectants in
  agricultural and water treatment industry.

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• The global bromine market is expected to reach
  776,844.91 tons by 2018.
• Organobromines has the largest share of
  derivatives in the global bromine market. The
  market revenue of organobromines is expected to
  reach to 4,602.80 million by 2018. Asia-Pacific
  is currently the largest and fastest growing
  consumer in the industry. The market revenue for
  organobromines in Asia-Pacific is expected to
  grow at a CAGR of 9.44 in the next five years.

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