Bromine is a naturally occurring element found in the sea, lakes and underground wells. Organic bromide is a derivative of bromine. Organic bromide is widely used as a reactant and catalyst for manufacturing variety of products such as agrochemicals, biocides, water disinfectants, pharmaceutical intermediates, dyes, completion fluids, flame retardants and photographic chemicals, among others. Bromine resources are geographically distributed, with the Dead Sea being the rich resource of bromine, with concentration of 10–12 gram per liter. Israel is one of the large producers of bromine, followed by the U.S. and China. The chemical industry is the prominent consumer of organic bromide compounds, followed by the oil & gas and pharmaceuticals. Organic bromide compounds are generally categorized into alkyl bromide, bromide polymers and other compounds. In most of the industries, organic bromide is prevalently used as flame retardant, bodices, PTA synthesis and for mercury removal.
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Organic Bromide Market: Segmentation
On the basis of product type, the global organic bromide market is segmented into:
On the basis of function, the global organic bromide market is segmented into:
Organic Bromide Market: Regional Outlook
In terms of consumption, the global organic bromide market is dominated by China. The significant growth of polymer & plastics, chemical and automotive industries in China and India have consequently resulted into increase in demand for organic bromide as chemical intermediate, flame retardants and catalyst. The China organic bromide market is expected to register significant CAGR growth over the forecast period.
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Organic Bromide Market: Key Participants
Examples of some of the key players identified across the value chain of the global organic bromide market are:
Israel Chemicals Limited
Tata Chemicals Limited
Jordan Bromine Company
Gulf Resources Inc.
Hindustan Salts Limited
Tetra Technologies Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.
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