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Ammonium Bromide Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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    Report

  • 156 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 5726502
The Ammonium Bromide market has seen considerable growth in recent years, driven by an increase in applications across various sectors, including photography, pharmaceuticals, and water treatment. This review provides a comprehensive overview of the market, focusing on key trends, market size, share, and forecasts from 2024 to 2029.

Market Overview

Ammonium Bromide, a white crystalline compound with the formula NH4Br, is widely used in various industrial applications due to its unique chemical properties. The compound is primarily recognized for its applications in the pharmaceutical sector, water treatment processes, photography, and as a flame retardant. Its versatile use cases have made it a crucial raw material in industries ranging from textiles to electronics.

Market Size and Share Analysis

As of 2023, the global Ammonium Bromide market is estimated at approximately USD 300 million. The market is projected to grow at a CAGR of 5.2% from 2024 to 2029, reaching around USD 400 million by the end of the forecast period. The growing demand for specialty chemicals and increasing awareness of water treatment solutions are expected to significantly contribute to market growth.

Trends Analysis by Product Type

The Ammonium Bromide market can be segmented into various product types, although specific product type data is not available at this time. However, the key types involve industrial-grade and pharmaceutical-grade Ammonium Bromide. The pharmaceutical-grade Ammonium Bromide holds a substantial share, estimated at over 60% of the market, driven by its application in sedative medications and other health treatments.

Key Players in the Market

Major players operating in the Ammonium Bromide market include:
  • Israel Chemical Ltd. (ICL)
  • Shandong Tianxin Chemical Co., Ltd.
  • JiangSu World Chemical Industry Co., Ltd.
These companies have established a strong presence globally due to their extensive distribution networks and commitment to quality production. They are also engaged in continuous R&D to innovate and expand their product offerings.

Market Dynamics by Process

The Ammonium Bromide production process primarily involves the reaction between ammonia and hydrogen bromide or bromine. The manufacturing efficiency and cost-effectiveness of the production process significantly influence market dynamics. The preference for environmentally friendly and sustainable manufacturing processes is gaining momentum among companies in the sector.

Application Segmentation

Ammonium Bromide finds application across several industries:
  • Photographic: Used in the development of photographic films and papers.
  • Pharmaceutical: Incorporated in drugs as a sedative.
  • Water Treatment: Utilized in various water purification processes.
  • Flame Retardant: Acts as a flame retardant in diverse materials.
  • Others: Includes uses in agriculture and chemical synthesis.
The pharmaceutical sector is currently the largest segment, anticipated to continue influencing demand due to ongoing drug development initiatives.

End-Use Industry Analysis

The key end-use industries for Ammonium Bromide include:
  • Pharmaceuticals
  • Photography
  • Chemical Manufacturing
  • Water Treatment Facilities
  • Textile Industry
The rapid development and expansion of the pharmaceutical industry globally, particularly in emerging markets, is expected to provide a significant boost to Ammonium Bromide demand.

Regional Analysis

Regionally, the Ammonium Bromide market is analyzed across key areas:
  • North America: Dominates the market, with the US leading in pharmaceutical applications.
  • Europe: Exhibits steady growth due to stringent regulations and advancements in chemical manufacturing processes.
  • Asia-Pacific: Projected to witness the highest growth owing to industrialization and expanding healthcare sectors in countries like China and India.
  • Latin America and Middle East & Africa: Expected to grow gradually, driven by improvements in industrial infrastructure.

Market News on Policy and Companies

Regulatory policies regarding chemical manufacturing and environmental impact are increasingly shaping the Ammonium Bromide market landscape. Companies are focusing on compliance with regulations set by environmental authorities to mitigate their ecological footprints. Moreover, collaborations and partnerships have become common, with companies investing in R&D and technology to innovate their product offerings.

Segment Forecasts (2024-2029)

Forecasts for the Ammonium Bromide market from 2024 to 2029 suggest considerable growth across various segments:
  • By Product Type: Pharmaceutical-grade Ammonium Bromide will see a higher growth trajectory compared to industrial-grade due to increasing pharmaceutical applications.
  • By Process: Sustainable and eco-friendly processes will gain traction, influencing product sourcing and manufacturing.
  • By Application: The water treatment segment is anticipated to experience rapid growth due to increasing demand for clean water supplies and government initiatives.
  • By End-Use: The pharmaceutical segment is projected to dominate the market, accounting for over 60% of the total share by 2029.
  • By Region: Asia-Pacific is forecasted to overtake North America as the largest regional market due to burgeoning industrial growth.

Conclusion

Overall, the Ammonium Bromide market is poised for significant growth in the coming years, driven by various factors including expanding applications, rising industrial demand, and regulatory support for sustainable practices. Companies that focus on innovation and compliance with policies will likely emerge as leaders in this dynamic market. Continuous monitoring of market trends and competitive strategies will be essential for stakeholders aiming to maximize their market share through 2029.


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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Ammonium Bromide Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Ammonium Bromide by Region
8.2 Import of Ammonium Bromide by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Ammonium Bromide Market in North America (2019-2029)
9.1 Ammonium Bromide Market Size
9.2 Ammonium Bromide Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Ammonium Bromide Market in South America (2019-2029)
10.1 Ammonium Bromide Market Size
10.2 Ammonium Bromide Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Ammonium Bromide Market in Asia & Pacific (2019-2029)
11.1 Ammonium Bromide Market Size
11.2 Ammonium Bromide Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Ammonium Bromide Market in Europe (2019-2029)
12.1 Ammonium Bromide Market Size
12.2 Ammonium Bromide Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Ammonium Bromide Market in MEA (2019-2029)
13.1 Ammonium Bromide Market Size
13.2 Ammonium Bromide Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Ammonium Bromide Market (2019-2024)
14.1 Ammonium Bromide Market Size
14.2 Ammonium Bromide Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Ammonium Bromide Market Forecast (2024-2029)
15.1 Ammonium Bromide Market Size Forecast
15.2 Ammonium Bromide Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Israel Chemical Ltd. (ICL)
16.1.1 Company Profile
16.1.2 Main Business and Ammonium Bromide Information
16.1.3 SWOT Analysis of Israel Chemical Ltd. (ICL)
16.1.4 Israel Chemical Ltd. (ICL) Ammonium Bromide Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Shandong Tianxin
16.2.1 Company Profile
16.2.2 Main Business and Ammonium Bromide Information
16.2.3 SWOT Analysis of Shandong Tianxin
16.2.4 Shandong Tianxin Ammonium Bromide Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 JiangSu World Chemical Industry
16.3.1 Company Profile
16.3.2 Main Business and Ammonium Bromide Information
16.3.3 SWOT Analysis of JiangSu World Chemical Industry
16.3.4 JiangSu World Chemical Industry Ammonium Bromide Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Ammonium Bromide Report
Table Data Sources of Ammonium Bromide Report
Table Major Assumptions of Ammonium Bromide Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Ammonium Bromide Picture
Table Ammonium Bromide Classification
Table Ammonium Bromide Applications List
Table Drivers of Ammonium Bromide Market
Table Restraints of Ammonium Bromide Market
Table Opportunities of Ammonium Bromide Market
Table Threats of Ammonium Bromide Market
Table Raw Materials Suppliers List
Table Different Production Methods of Ammonium Bromide
Table Cost Structure Analysis of Ammonium Bromide
Table Key End Users List
Table Latest News of Ammonium Bromide Market
Table Merger and Acquisition List
Table Planned/Future Project of Ammonium Bromide Market
Table Policy of Ammonium Bromide Market
Table 2019-2029 Regional Export of Ammonium Bromide
Table 2019-2029 Regional Import of Ammonium Bromide
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America Ammonium Bromide Market Size and Market Volume List
Figure 2019-2029 North America Ammonium Bromide Market Size and CAGR
Figure 2019-2029 North America Ammonium Bromide Market Volume and CAGR
Table 2019-2029 North America Ammonium Bromide Demand List by Application
Table 2019-2024 North America Ammonium Bromide Key Players Sales List
Table 2019-2024 North America Ammonium Bromide Key Players Market Share List
Table 2019-2029 North America Ammonium Bromide Demand List by Type
Table 2019-2024 North America Ammonium Bromide Price List by Type
Table 2019-2029 United States Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 United States Ammonium Bromide Import & Export List
Table 2019-2029 Canada Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Canada Ammonium Bromide Import & Export List
Table 2019-2029 Mexico Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Mexico Ammonium Bromide Import & Export List
Table 2019-2029 South America Ammonium Bromide Market Size and Market Volume List
Figure 2019-2029 South America Ammonium Bromide Market Size and CAGR
Figure 2019-2029 South America Ammonium Bromide Market Volume and CAGR
Table 2019-2029 South America Ammonium Bromide Demand List by Application
Table 2019-2024 South America Ammonium Bromide Key Players Sales List
Table 2019-2024 South America Ammonium Bromide Key Players Market Share List
Table 2019-2029 South America Ammonium Bromide Demand List by Type
Table 2019-2024 South America Ammonium Bromide Price List by Type
Table 2019-2029 Brazil Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Brazil Ammonium Bromide Import & Export List
Table 2019-2029 Argentina Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Argentina Ammonium Bromide Import & Export List
Table 2019-2029 Chile Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Chile Ammonium Bromide Import & Export List
Table 2019-2029 Peru Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Peru Ammonium Bromide Import & Export List
Table 2019-2029 Asia & Pacific Ammonium Bromide Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific Ammonium Bromide Market Size and CAGR
Figure 2019-2029 Asia & Pacific Ammonium Bromide Market Volume and CAGR
Table 2019-2029 Asia & Pacific Ammonium Bromide Demand List by Application
Table 2019-2024 Asia & Pacific Ammonium Bromide Key Players Sales List
Table 2019-2024 Asia & Pacific Ammonium Bromide Key Players Market Share List
Table 2019-2029 Asia & Pacific Ammonium Bromide Demand List by Type
Table 2019-2024 Asia & Pacific Ammonium Bromide Price List by Type
Table 2019-2029 China Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 China Ammonium Bromide Import & Export List
Table 2019-2029 India Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 India Ammonium Bromide Import & Export List
Table 2019-2029 Japan Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Japan Ammonium Bromide Import & Export List
Table 2019-2029 South Korea Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 South Korea Ammonium Bromide Import & Export List
Table 2019-2029 Southeast Asia Ammonium Bromide Market Size List
Table 2019-2029 Southeast Asia Ammonium Bromide Market Volume List
Table 2019-2029 Southeast Asia Ammonium Bromide Import List
Table 2019-2029 Southeast Asia Ammonium Bromide Export List
Table 2019-2029 Australia Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Australia Ammonium Bromide Import & Export List
Table 2019-2029 Europe Ammonium Bromide Market Size and Market Volume List
Figure 2019-2029 Europe Ammonium Bromide Market Size and CAGR
Figure 2019-2029 Europe Ammonium Bromide Market Volume and CAGR
Table 2019-2029 Europe Ammonium Bromide Demand List by Application
Table 2019-2024 Europe Ammonium Bromide Key Players Sales List
Table 2019-2024 Europe Ammonium Bromide Key Players Market Share List
Table 2019-2029 Europe Ammonium Bromide Demand List by Type
Table 2019-2024 Europe Ammonium Bromide Price List by Type
Table 2019-2029 Germany Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Germany Ammonium Bromide Import & Export List
Table 2019-2029 France Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 France Ammonium Bromide Import & Export List
Table 2019-2029 United Kingdom Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 United Kingdom Ammonium Bromide Import & Export List
Table 2019-2029 Italy Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Italy Ammonium Bromide Import & Export List
Table 2019-2029 Spain Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Spain Ammonium Bromide Import & Export List
Table 2019-2029 Belgium Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Belgium Ammonium Bromide Import & Export List
Table 2019-2029 Netherlands Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Netherlands Ammonium Bromide Import & Export List
Table 2019-2029 Austria Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Austria Ammonium Bromide Import & Export List
Table 2019-2029 Poland Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Poland Ammonium Bromide Import & Export List
Table 2019-2029 Russia Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Russia Ammonium Bromide Import & Export List
Table 2019-2029 MEA Ammonium Bromide Market Size and Market Volume List
Figure 2019-2029 MEA Ammonium Bromide Market Size and CAGR
Figure 2019-2029 MEA Ammonium Bromide Market Volume and CAGR
Table 2019-2029 MEA Ammonium Bromide Demand List by Application
Table 2019-2024 MEA Ammonium Bromide Key Players Sales List
Table 2019-2024 MEA Ammonium Bromide Key Players Market Share List
Table 2019-2029 MEA Ammonium Bromide Demand List by Type
Table 2019-2024 MEA Ammonium Bromide Price List by Type
Table 2019-2029 Egypt Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Egypt Ammonium Bromide Import & Export List
Table 2019-2029 Israel Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Israel Ammonium Bromide Import & Export List
Table 2019-2029 South Africa Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 South Africa Ammonium Bromide Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries Ammonium Bromide Import & Export List
Table 2019-2029 Turkey Ammonium Bromide Market Size and Market Volume List
Table 2019-2029 Turkey Ammonium Bromide Import & Export List
Table 2019-2024 Global Ammonium Bromide Market Size List by Region
Table 2019-2024 Global Ammonium Bromide Market Size Share List by Region
Table 2019-2024 Global Ammonium Bromide Market Volume List by Region
Table 2019-2024 Global Ammonium Bromide Market Volume Share List by Region
Table 2019-2024 Global Ammonium Bromide Demand List by Application
Table 2019-2024 Global Ammonium Bromide Demand Market Share List by Application
Table 2019-2024 Global Ammonium Bromide Capacity List
Table 2019-2024 Global Ammonium Bromide Key Vendors Capacity Share List
Table 2019-2024 Global Ammonium Bromide Key Vendors Production List
Table 2019-2024 Global Ammonium Bromide Key Vendors Production Share List
Figure 2019-2024 Global Ammonium Bromide Capacity Production and Growth Rate
Table 2019-2024 Global Ammonium Bromide Key Vendors Production Value List
Figure 2019-2024 Global Ammonium Bromide Production Value and Growth Rate
Table 2019-2024 Global Ammonium Bromide Key Vendors Production Value Share List
Table 2019-2024 Global Ammonium Bromide Demand List by Type
Table 2019-2024 Global Ammonium Bromide Demand Market Share List by Type
Table 2019-2024 Regional Ammonium Bromide Price List
Table 2024-2029 Global Ammonium Bromide Market Size List by Region
Table 2024-2029 Global Ammonium Bromide Market Size Share List by Region
Table 2024-2029 Global Ammonium Bromide Market Volume List by Region
Table 2024-2029 Global Ammonium Bromide Market Volume Share List by Region
Table 2024-2029 Global Ammonium Bromide Demand List by Application
Table 2024-2029 Global Ammonium Bromide Demand Market Share List by Application
Table 2024-2029 Global Ammonium Bromide Capacity List
Table 2024-2029 Global Ammonium Bromide Key Vendors Capacity Share List
Table 2024-2029 Global Ammonium Bromide Key Vendors Production List
Table 2024-2029 Global Ammonium Bromide Key Vendors Production Share List
Figure 2024-2029 Global Ammonium Bromide Capacity Production and Growth Rate
Table 2024-2029 Global Ammonium Bromide Key Vendors Production Value List
Figure 2024-2029 Global Ammonium Bromide Production Value and Growth Rate
Table 2024-2029 Global Ammonium Bromide Key Vendors Production Value Share List
Table 2024-2029 Global Ammonium Bromide Demand List by Type
Table 2024-2029 Global Ammonium Bromide Demand Market Share List by Type
Table 2024-2029 Ammonium Bromide Regional Price List
Table Israel Chemical Ltd. (ICL) Information
Table SWOT Analysis of Israel Chemical Ltd. (ICL)
Table 2019-2024 Israel Chemical Ltd. (ICL) Ammonium Bromide Product Capacity Production Price Cost Production Value
Figure 2019-2024 Israel Chemical Ltd. (ICL) Ammonium Bromide Capacity Production and Growth Rate
Figure 2019-2024 Israel Chemical Ltd. (ICL) Ammonium Bromide Market Share
Table Shandong Tianxin Information
Table SWOT Analysis of Shandong Tianxin
Table 2019-2024 Shandong Tianxin Ammonium Bromide Product Capacity Production Price Cost Production Value
Figure 2019-2024 Shandong Tianxin Ammonium Bromide Capacity Production and Growth Rate
Figure 2019-2024 Shandong Tianxin Ammonium Bromide Market Share
Table JiangSu World Chemical Industry Information
Table SWOT Analysis of JiangSu World Chemical Industry
Table 2019-2024 JiangSu World Chemical Industry Ammonium Bromide Product Capacity Production Price Cost Production Value
Figure 2019-2024 JiangSu World Chemical Industry Ammonium Bromide Capacity Production and Growth Rate
Figure 2019-2024 JiangSu World Chemical Industry Ammonium Bromide Market Share

Companies Mentioned

  • Israel Chemical Ltd. (ICL)
  • Shandong Tianxin
  • JiangSu World Chemical Industry

Methodology

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