In 2023, India's bromine production stood at approximately 3.6 thousand metric tons. The forecast for 2024 suggests a growth to 3.75 thousand metric tons, with a year-on-year increase of around 4.2%. The consistent upward trend projects a rise to 4.41 thousand metric tons by 2028, indicating a compound annual growth rate (CAGR) of approximately 4.13% over this five-year period.
Future trends to watch for include:
- Technological innovations improving extraction efficiency.
- Potential shifts in domestic and export market demands.
- Environmental and regulatory changes impacting production practices.
