Key Highlights
- Bromine is a chemical element from the same group as chlorine. At normal temperatures, it appears as a fuming reddish-brown liquid that is a mineral salt. Because of its high solubility, it has accumulated in the oceans of the world and is crucial to algal life. Bromine is used in fire extinguishers, brominated flame retardants, water purifiers, flow batteries, well-drilling fluids, insecticides, drugs, and light-sensitive photographic plates.
- The European bromine market had total revenues of $397.1 million in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.2% between 2018 and 2023, to reach a total of 143.7 Kilotons in 2023.
- Europe accounted for an 11.4% share of the global bromine market.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bromine market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bromine market in Europe
- Leading company profiles reveal details of key bromine market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe bromine market with five year forecasts
Reasons to Buy
- What was the size of the Europe bromine market by value in 2023?
- What will be the size of the Europe bromine market in 2028?
- What factors are affecting the strength of competition in the Europe bromine market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's bromine market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ICL Group Limited
- Lanxess AG
- Contract Chemicals Ltd
- Albemarle Corporation