Bromine Market worth 776,844.91 Tons By 2018

DALLAS, April 21, 2014 /PRNewswire/ --

The report, "Bromine & its Derivatives Market by Derivatives (Organobromines, clear brine fluids, and hydrogen bromide), Application (Flame retardants, Oil & Gas drilling, Biocides, Medicinal, HBr flow battery, plasma etching, PTA synthesis), & Geography - Global trends & forecasts 2018", defines and segments the global Bromine & its Derivatives Market with analysis and forecasting of the market by revenue and volume.

Browse 107 market data tables and 44 figures spread through 226 pages and in-depth TOC on "Bromine & Its Derivatives Market - Global Trends & Forecasts 2018"

http://www.marketsandmarkets.com/Market-Reports/bromine-market-42782196.html

Early buyers will receive 10% customization on this report.

Asia-Pacific: Biggest Market of Bromine & its Derivatives 

Asia-Pacific is currently the largest consumer of Bromine & its Derivatives. China is the largest consumer of bromine & its derivatives in Asia-Pacific. Bromine Market is extracted from seawater, salt lakes, and brine wells. The demand for Bromine & its Derivatives Market driven from major applications such as biocides, flame retardants, oil & gas drilling, plasma etching, and PTA synthesis. Biocides are the fastest growing applications for Bromine & its Derivatives Market in Asia-Pacific. Flame retardants are the largest applications for bromine & its derivatives in Asia-Pacific. Tosoh Corporation (Japan), Tata Chemicals Limited (India), and Gulf Resources Ins. (China) are among the largest manufacturers of bromine & its derivatives in Asia-Pacific.

Flame Retardants: Biggest Application of Bromine & its Derivatives 

Flame retardants are currently the biggest application for Bromine & its Derivatives Market. Its consumption is expected to increase to 729,536.78 tons by 2018. Brominated flame retardants are appropriate for use in industries such as textile, construction, automotive, furnishing, and electronics to protect commodities from fire hazards. Asia-Pacific is currently the largest and fastest growing consumer for flame retardants across the world. The market revenue for flame retardants in Asia-Pacific is expected to grow at a CAGR of 9.43% by 2018.

Organobromines: The Largest Derivative for Bromine 

Organobromines is the largest derivative for bromine across the world. The annual consumption for organobromines is expected to reach 10,295,564.75 tons by 2018. They are brominated organic compounds used to manufacture flame retardants, biocides, and dyes. It is also used in pharmaceutical formulations; drugs containing organobromines are used for treating pneumonia and cocaine addiction. Flame retardants are the largest and fastest growing application for organobromines. Asia-Pacific is the largest and fastest growing market for organobromines across the world. China is the largest consumer of organobromines in Asia-Pacific.

Albemarle Corporation (U.S.), Chemtura Corporation (U.S.), Tosoh Corporation (Japan), Gulf Resources Inc. (China), Tata Chemicals Limited (India), Israel Chemicals Limited (Israel), Jordan Bromine Company Limited (Jordan), Tetra Technologies Inc. (U.S.), and Hindustan Salts Limited (India) are some of the major manufacturers of bromine & its derivatives in the world.

Browse related reports 

Flame Retardant Chemicals Market by Type, Application & Geography - Market Estimates up to 2017

http://www.marketsandmarkets.com/Market-Reports/flame-retardant-chemicals-market-686.html

Drilling Fluids (Drilling Mud) Market & Completion Fluids Market: by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other Based Systems), Application Areas (Onshore and Offshore) & Geography - Forecast to 2018

http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets