1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
Bromine Global Market Report 2022

Bromine Global Market Report 2022

  • June 2022
  • 175 pages
  • ID: 6284324
  • Format: PDF
  • The Business Research Company


Table of Contents

Major players in the bromine market are ICL Group Limited , Albemarle Corporation, LANXESS AG, Tosoh Corporation, TATA Chemicals Ltd., Gulf Resources Inc., Solaris Chemtech, Honeywell International Inc., Perekop bromine, Hindustan Salts Ltd., Chemtura Corporation, Chemada Industries Ltd., ICL Group Ltd., JORDAN BROMINE COMPANY, Shandong Weifang Longwei Industrial Co. Ltd., and Agrocel Industries Pvt. Ltd.

The global bromine market is expected to grow from $3.88 billion in 2021 to $4.32 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The bromine market is expected to reach $5.86 billion in 2026 at a CAGR of 7.9%.

The bromine market consists of sales of bromine by entities (organizations, sole traders, and partnerships) that are used as a water disinfectant or purifier.Bromine is a chemical element with deep red color toxic liquid with an irritating and offensive odor.

Bromine is used in making dyes, fumigants, flameproofing agents, sanitizers, water purification compounds, agents for photography, vegetable oil, and an emulsifier in citrus-flavored soft drinks. It is also used as a disinfectant for surfaces due to its damaging effects on microorganisms.

The main types of derivatives in bromine are organobromine, clear brine fluids and hydrogen bromide.Organobromine refers to organic compounds that contain carbon bonded to bromine.

The different applications include biocides, flame retardants (FR), bromine-based batteries, clear brine fluids (CBF), others and are used in various areas such as oil and gas, automotive, agriculture, pharmaceuticals, cosmetics, textiles, others.

Asia Pacific was the largest region in the bromine market in 2021. The regions covered in the bromine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing demand for bromine in oil and gas drilling is significantly contributing to the growth of the bromine market.The oil and gas are extracted from porous stones by drilling a hole into the area.

Bromine used in the form of clear brines can compensate for the gravity required to balance the pressure needed to avoid closing the pores that are drilled in porous stone.The increasing oil and gas drilling activity require a high amount of bromine.

For instance, according to Rystad Energy, a US-based energy research and business intelligence company, global oil and gas drilling activity increased by 12% from 2020 to 2021, with around 54,000 wells drilled. Therefore, the increasing demand for bromine in oil and gas drilling is expected to propel the growth of the bromine market going forward.

Strategic partnerships and collaborations have emerged as a trend gaining popularity in the bromine market.Major companies operating in the bromine sector are focused on partnerships and collaborations in order to expand their expansion into new areas and become industry leaders.

For instance, in February 2021, W.R.

Grace and Company, a US-based Chemicals company acquired Albemarle Corporation for $570 million.This acquisition significantly step-up W.

R. Grace and the company’s modest footprint in the pharmaceutical services industry. Albemarle Corporation is a US-based Chemical manufacturing company that specializes in bromine, refining catalysts, lithium, and applied surface treatments. Moreover, in June 2019, BSEF, the International Bromine Council with Avalon Consulting, and BSEF’s India consulting partners collaborated with Indian Chemical Council to launch the India Bromine Platform (IBP)). IBP is an opportunity to share technical information on bromine and its applications to enhance knowledge. The IBP’s mission is to spot and address issues pertinent to the Indian and global bromine industry.

In April 2020, Macquarie Infrastructure and Real Assets, an Australia-based assets management company acquired Currenta GmbH & Co.OHG from Bayer AG and LANXESS AG.

Through this acquisition, LANXESS aims to strengthen a good financial base and meet the challenges posed by the pandemic. Lanxess AG is a Germany-based chemicals company that manufactures bromine.

The countries covered in the bromine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Thermoelectric Generators Market Research Report by Temperature, Wattage, Materia, Component, Application, Vertical, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 2949
  • July 2022
  • 123 pages

Thermoelectric Generators Market Research Report by Temperature (High Temperature (> 500°C), Low Temperature ( 500°C), Low Temperature ( 1kW), Low Power (

  • United States
  • Oil And Gas
  • Marketing Research
  • Industry analysis


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on