DUBLIN, IRELAND -- (Marketwired) -- Research and Markets (http://www.researchandmarkets.com/research/tldp4k/bromine_and_its) has announced the addition of the "Bromine & Its Derivatives Market by Derivatives, Application & Geography - Global Trends & Forecasts 2018" report to their offering.
The global market for bromine & its derivatives has grown significantly during the last few years, and it is expected to grow at a rapid pace in the next five years, mainly driven by a growing consumption in the Asia-Pacific region.
The report on bromine & its derivatives captures its global market by volume and revenue. The global market is growing at a rapid pace in Asia-Pacific, and ROW regions. The demand is driven by end-user industries such as oil & gas, textile, electronics, automotive, water treatment, agricultural, furnishing, shipbuilding, pharmaceutical, and construction.
Currently, the market for bromine & its derivatives is increasing owing to the following factors:
-- Strict environmental policies and favourable regulations encouraging the use of bromine & its derivatives in coal fired power plants to reduce mercury elements. -- Increasing consumption of brine fluids due to increasing demand and production of oil & gas. -- Increasing demand for biocides in agricultural and water treatment industry.
Currently, Asia-Pacific is the largest market for bromine followed by North America, ROW, and Europe. In addition, Asia-Pacific is currently the largest importer of bromine. Asia-Pacific is the fastest growing market for bromine & its derivatives across the world. It is expected to grow at a CAGR of 3.27% in the next five years. ROW is the second fastest growing market for bromine & its derivatives followed by Europe and North America. It was observed that manufacturers prefer to establish manufacturing facilities in proximity of raw material source; thus, securing an uninterrupted supply of raw materials.
This report aims to estimate the global market for bromine & its derivatives for 2013 and to project the expected demand of the same by 2018. This market research study provides a detailed qualitative and quantitative analysis of the global bromine & its derivatives market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. Opportunities for new entrants in light of market forces such as consumers' bargaining strength, raw material sourcing, and market penetration threshold are analyzed using Porter's model.
Key Topics Covered:
1. Introduction 2. Executive Summary 3. Premium Insights 4. Market Overview 5. Bromine Market, By Derivatives 6. Bromine Market, By Geography 7. Bromine Derivatives Market 8. Competitive Landscape 9. Company Profiles -- Albemarle Corporation -- Chemtura Corporation -- Hindustan Salts Ltd. -- Honeywell International Inc. -- Israel Chemicals Ltd. -- Jordan Bromine Company Ltd. -- Morre-Tec Industries Inc. -- Sanofi S.A. -- Tata Chemicals Ltd. -- Tetra Technologies Inc. -- Tosoh Corporation
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