Increasing demand of bromine in controlling mercury emissions and its requirement in flame retardants are expected to be the leading drivers for lucrative growth of the market. Its applications include oil field, pulp and paper, pharmaceuticals, water treatment, etc.
Therefore, its demand in agriculture, pharmaceuticals, electronics, radidly growing construction activities, etc., may help in surging the organic bromide market during the forecast period 2021-2031.
The recent study by Fact.MR on Organic Bromide Market Demand offers a 10-year forecast. This Organic Bromide market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis along with key stakeholders as well as emerging players associated with the manufacturing of product.
Market Overview :-
In October 2020, the research was conducted for synthesis of Dimeric Molecules via Ag catalysed Electrochemical Homocoupling of organic bromides paired with electrooxidation of urea.
In the experiment, a divided electrochemical cell with aprotic and aqueous compartments which are separated by an anion exchange membrane enabling coupling of the cathodic homocoupling reaction with anodic oxidation of urea.
The assessment was done using 13 organic bromides which demonstrated a strong dependence on the reaction outcome. The results showed that this method is excellent for C(sp3)-C(sp3) coupling to corresponding dimeric products with up to quantitative yields.
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In January 2021, a research article published by doi.org investigates the difluorometylation of alkyl bromides and lodides with TMSCF2H. The experiment was performed by reactions of alkyl iodides with TMSCF2H and these were mediated by a copper catalyst using CsF as the activator.
The reaction of less reactive alkyl bromides require a combination of palladium and a stoichiometric amount of CuI in the form of catalysts. The experiment shows it proceeds via a Pd(I)/Pd(III) catalytic rule.
The Key trends Analysis of Organic Bromide also provides dynamics that are responsible for influencing the future Sales and Demand of Organic Bromide market over the forecast period.
Critical insights enclosed in the report:
In-depth assessment of the leading Key players Analysis in Organic Bromide Market
The regional analysis of the different market segments and sub-segments
Recent mergers, acquisitions, collaborations, partnerships, and R&D activities.
SWOT analysis of the prominent players in the Organic Bromide market
Y-o-Y revenue growth of Organic Bromide market during the forecast period
The report covers following Organic Bromide Market insights and assessment that are helpful for all participants involved in the Organic Bromide market:
Data on recently introduced regulations and their impact on key industries and on demand in Organic Bromide
Latest industry Analysis on Organic Bromide Market , with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Organic Bromide market and changing consumer preferences in major industries.
Changing Organic Bromide demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Organic Bromide major players
Organic Bromide Market: Segmentation
On the basis of product type, the global organic bromide market is segmented into:
- Alkyl Bromide
- Cetyl Bromide
- Ethyl Bromide
- Butyl Bromide
- Lauryl Bromide
- Polymeric Bromide
On the basis of function, the global organic bromide market is segmented into:
- Flame retardant
- PTA synthesis
- Plasma Etching
- Mercury Removal
- Other Uses
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Further, the Organic Bromide market Survey report emphasizes the adoption pattern And Demand of Organic Bromide Market across various industries.
Competitive Landscape Analysis On Organic Bromide Market:
To provide decision-makers with credible insights on their competitive landscape, the Organic Bromide industry research report includes detailed market competitive landscape analysis.
The competitive landscape analysis for Organic Bromide Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players.
Leading Companies Profiled in the Organic Bromide Market are:
A comprehensive estimate on Demand of Organic Bromide market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of Organic Bromide market. Price point comparison by region with global average price is also considered in the study.
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
- Albemarle Corporation
- Tosoh Corporation
- Tata Chemicals Limited
- Lanxess Ag
- Jordan Bromine Company
- Gulf Resources Inc.
- Hindustan Salts Limited
- Tetra Technologies Inc.
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 in an increase in demand for organic bromide as a chemical intermediate, flame retardants and catalyst. The China organic bromide market is expected to register significant CAGR growth over the forecast period.
In terms of raw material availability, Israel dominates the global market and accounts for around 80% of total raw material production, i.e., bromine. North America and Europe are the major markets for organic bromide after APAC.
The stringent government regulations in Europe and North America over the manufacturing industry may hamper the growth of the organic bromide market in these regions.
In Europe and North America, the organic bromide market is expected to register moderate growth over the forecast period. Latin America and the MEA organic bromide markets are expected to register slow growth over the forecast period.
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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Key Question answered in the Survey of Organic Bromide market Report By Fact.MR :
Organic Bromide Company & brand share analysis: Company and brand share analysis on Organic Bromide reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
Outlook of Organic Bromide Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Organic Bromide Market
Organic Bromide Category & segment level analysis: Fact.MR’s Organic Bromide market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify Organic Bromide sales potential and set sales targets at local, country, and regional level.
Organic Bromide Consumption by demographics: The outlook of Organic Bromide market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
Post COVID consumer spending on Organic Bromide market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
Manufacturing trend analysis of Organic Bromide : Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
Organic Bromide market Merger and acquisition activity: Fact.MR’s analysis also includes merger & acquisition activity analysis. Organic Bromide manufacturers and stakeholders will not only know the recent M&As but also understand its impact on competitive landscape and market share
Organic Bromide demand by country: The report forecasts Organic Bromide demand by country giving business leaders the Organic Bromide insights to know fast-growing, stable, and mature markets
Organic Bromide Market: Snapshot
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 a 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 a 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 industries, organic bromide is prevalently used as flame retardant, bodices, PTA synthesis, and mercury removal.
Organic bromide compounds are commonly used as flame retardants. Majority of the organic bromide produced globally is consumed by the rubber and plastics industries for manufacturing various flame retardant products. These flame retardants find wide applications in plastics, textiles, and electrical/electronic products.
Besides, plastic plays a significant role in the building, construction, electrical & electronics, and automotive industries. Thus, the growing demand for flame retardants from the rubber & plastic industries is expected to drive the growth of the organic bromide compounds market.
Moreover, organic bromide is mainly used in synthesis of purified terephthalic acid (PTA) produced through the oxidation of p-Xylene. Sodium bromide, hydrogen bromide, or tetrabromomethane (organic bromide) are used for it.
PTA is widely used for manufacturing polyester fiber and polyethylene terephthalate (PET). The pharmaceuticals industry is one of the major consumers of organic bromide compounds.
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