Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Bromo Derivatives Market makes an offering
of in-depth analysis of segments and sub-segments in the regional and
international Bromo Derivatives Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Bromo
Derivatives Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Bromo Derivatives Market is offered. In accordance with the report, the global
Bromo Derivatives Market is projected to
expand by healthy CAGR over the period
of forecast.
Market Insight, Drivers, Restraints
& Opportunity of the Market:
Bromine is a mobile, fuming and reddish-brown liquid at a room
temperature. Bromine is majorly extract from natural bromine-rich brine
deposits in many parts of the world. Bromine finds application in various
industries to properties such as high density, reactivity and others. Bromine
is being used in manufacturing of water disinfectants, agrochemicals, biocides,
pharmaceutical intermediates and others.
q Bromine flare retardants are being used in plastics production,
textiles and also in electronics and electricals. Growing urbanization and
construction activities across the globe is expected to offer an unparallel
opportunity for the bromo derivatives market.
Ø Construction industry is forecasted
to register high growth, particularly in developing regions of the world. The
global construction output is estimated to increase at CAGR of 5% to 7% over
the forecast period
Ø As per United Nation statistics (2018), 55% of the total global
population lived in urban areas, which is expected to increase to 68% by 2050.
q Moreover, bromo derivatives also finds application in hydraulic
fracturing and horizontal drilling techniques. Owing to its high density it
finds application in controlling the high pressure in deep wells during the oil
and gas exploration process.
q Further, growing
demand for recharge batteries across the globe is also expected to create
opportunity for bromo derivatives. Zinc bromide solution is being used in
rechargeable batteries as an electrolyte as it produces high energy during
reaction of Zinc and Bromine. Zinc bromide rechargeable battery works as a
cost-effective alternative to Li-ion batteries. Many companies are investing
huge amount in development of new advanced products using the technology.
Ø In 2019, Sydney-based start-up Gelion launched zinc bromine gel
battery using zinc bromine chemistry. The company expects to start their
commercial production for new applications by the end of 2021
Ø In 2020, Redflow (Australia) announced the launch of its generation
3 ZBM2 battery by end of 2020. The company reports that they have been working
the development process for past six months
q The stringent regulation from the
government bodies of some countries are restricting the growth of bromo
derivatives market. For instance, countries such as U.S., Canada, Germany and
others have forced restrictions on using certain brominated flame retardants in
electronics and plastic owing to its adverse environmental impact
q Bromo derivatives market is very consolidated
in nature with top five players holding more than 40% of the total market and
witness strong competition amongst them to develop and retain their market
share
Segment Covered:
This market
intelligence report on the global Bromo Derivatives Market encompasses market segments based on application, type and country.
By Type the
global Bromo Derivatives Market has been divided into:
·
Brominated
Polystyrene
·
Tetrabromobisphenol
A
·
Calcium Bromide
·
Sodium Bromide
·
Zinc Bromide
·
Hydrobromic Acid
·
Decabromodiphenyl
Ethane (DBDPE)
·
Others
By Application
the global Bromo Derivatives Market has been divided into:
·
Flame Retardants
·
Organic
Intermediates
·
Oil & gas
·
Biocides
·
PTA Synthesis
·
Others
By country/region,
the global Bromo Derivatives Market has been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
Lanxess AG
·
Albemarle
Corporation
·
Chemtura
Corporation
·
DSL Chemicals
(Shanghai) Co. Ltd.
·
Hindustan Salts
Limited
·
Gulf Resources
·
Israel Chemicals
Ltd.
·
Perekop Bromine
·
Sanofi S.A.
·
Albemarle
Corporation
·
Tata Chemicals
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Bromo Derivatives Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Bromo
Derivatives Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Bromo Derivatives Market is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Bromo Derivatives caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Bromo
Derivatives Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Bromo Derivatives Market
v
Identification
of key factors driving investment opportunities in the Bromo
Derivatives Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants