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Analysis of Bromine Market 2019-2024: Industry Trends, Share, Size, Price, Revenue, Business Strategy, Production Technology Forecast to 2024

Bromine

The “Bromine Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Bromine market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Bromine market report also offers market competitors that includes detailed company profiles along with company product specifications.

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 India.<

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    In Bromine Market Report, Following Companies Are Covered:

  • 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

    Bromine Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

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

    Reasons for Buying Bromine Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Bromine Based Battery segment is expected to drive the market

    – In recent years, many countries – such as China, Japan, India, 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 India, 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.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Bromine create from those of established entities?

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    Detailed TOC of Bromine Market Report 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 India
    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 Europe
    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 Europe
    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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