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Bromine in North America Market Size, Competitive Analysis and Forecast to 2028

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    Report

  • 46 Pages
  • January 2024
  • Region: North America
  • GlobalData
  • ID: 5967414
Description Jump to:
Bromine in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 North American bromine market had total revenues of $599.1 million in 2023, representing a compound annual growth rate (CAGR) of 3% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 2.9% between 2018 and 2023, to reach a total of 215.4 Kilotons in 2023.
  • North America accounted for a 17.1% share of the global bromine market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bromine market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bromine market in North America
  • 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 North America bromine market with five year forecasts

Reasons to Buy

  • What was the size of the North America bromine market by value in 2023?
  • What will be the size of the North America bromine market in 2028?
  • What factors are affecting the strength of competition in the North America bromine market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's bromine market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What strategies do the leading players follow?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. ICL Group Limited
8.2. Lanxess AG
8.3. Albemarle Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
  • About the Publisher
List of Tables
Table 1: North America bromine market value: $ million, 2018-23
Table 2: North America bromine market volume: Kilotons, 2018-23
Table 3: North America bromine market category segmentation: % share, by value, 2018-2023
Table 4: North America bromine market category segmentation: $ million, 2018-2023
Table 5: North America bromine market geography segmentation: $ million, 2023
Table 6: North America bromine market value forecast: $ million, 2023-28
Table 7: North America bromine market volume forecast: Kilotons, 2023-28
Table 8: ICL Group Limited: key facts
Table 9: ICL Group Limited: annual financial ratios
Table 10: ICL Group Limited: key employees
Table 11: Lanxess AG: key facts
Table 12: Lanxess AG: annual financial ratios
Table 13: Lanxess AG: key employees
Table 14: Albemarle Corporation: key facts
Table 15: Albemarle Corporation: annual financial ratios
Table 16: Albemarle Corporation: key employees
Table 17: North America exchange rate, 2019-22
List of Figures
Figure 1: North America bromine market value: $ million, 2018-23
Figure 2: North America bromine market volume: Kilotons, 2018-23
Figure 3: North America bromine market category segmentation: $ million, 2018-2023
Figure 4: North America bromine market geography segmentation: % share, by value, 2023
Figure 5: North America bromine market value forecast: $ million, 2023-28
Figure 6: North America bromine market volume forecast: Kilotons, 2023-28
Figure 7: Forces driving competition in the bromine market in North America, 2023
Figure 8: Drivers of buyer power in the bromine market in North America, 2023
Figure 9: Drivers of supplier power in the bromine market in North America, 2023
Figure 10: Factors influencing the likelihood of new entrants in the bromine market in North America, 2023
Figure 11: Factors influencing the threat of substitutes in the bromine market in North America, 2023
Figure 12: Drivers of degree of rivalry in the bromine market in North America, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ICL Group Limited
  • Lanxess AG
  • Albemarle Corporation

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About the Bromine Market

The Bromine market is a segment of the chemical industry that produces and distributes bromine and its derivatives. Bromine is a halogen element that is used in a variety of applications, including flame retardants, water treatment, and pharmaceuticals. Bromine is also used in the production of polymers, dyes, and other specialty chemicals. The bromine market is highly competitive, with a number of large and small companies operating in the space. Major players in the market include Albemarle Corporation, Israel Chemicals Limited, Tosoh Corporation, and Jordan Bromine Company. Other notable companies include Gulf Resources, Inc., ICL-IP, and Jordan Bromine Company. Show Less Read more

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