Global Bromine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Derivative;

Organobromine, Clear Brine Fluids, and Hydrogen Bromide (HBR).

By Application;

Flame Retardants, Water Treatment, Mercury Emission Control, Oil & Gas Drilling, HBR Flow Batteries, Pta Synthesis, Pesticides, Plasma Etching, Pharmaceuticals, and Others.

By End Users;

Chemicals, Oil & Gas, Pharmaceuticals, Agriculture, Textiles, Electronics, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn816309727 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Bromine Market (USD Million), 2021 - 2031

In the year 2024, the Global Bromine Market was valued at USD 4,631.83 million. The size of this market is expected to increase to USD 6,918.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.

The global bromine market is a significant segment of the chemical industry, driven by its versatile applications across various sectors. Bromine, a reddish-brown liquid element extracted from brine wells, is primarily used in flame retardants, water treatment, pharmaceuticals, and agriculture, among other industries. Its unique properties make it an essential component in many manufacturing processes and end products worldwide.

One of the key drivers of the global bromine market is its extensive use in flame retardants. Bromine compounds are highly effective in reducing the flammability of materials, making them crucial additives in plastics, textiles, and electronics. With increasing safety regulations and growing awareness of fire hazards, the demand for bromine-based flame retardants continues to rise, particularly in construction materials and automotive applications.

Bromine's role in water treatment is another significant factor contributing to market growth. Bromine compounds, such as bromine chloride and bromamines, are widely used as disinfectants in swimming pools, spas, and industrial water systems due to their strong antimicrobial properties. The increasing focus on clean water supply and sanitation drives the demand for bromine-based water treatment solutions, supporting market expansion globally.

Flame retardants and water treatment, bromine finds applications in pharmaceuticals, where it is used in the synthesis of various drugs and pharmaceutical intermediates. Bromine compounds play a crucial role in the production of sedatives, anesthetics, and anticonvulsant medications. As the pharmaceutical industry continues to grow, fueled by increasing healthcare needs and drug innovation, the demand for bromine in pharmaceutical applications is expected to remain strong.

The agricultural sector utilizes bromine compounds as pesticides, fumigants, and soil fumigants to control pests, weeds, and diseases. Bromine-based pesticides are valued for their effectiveness and versatility in crop protection, contributing to higher yields and improved agricultural productivity. As global food demand rises, driven by population growth and changing dietary preferences, the demand for bromine in agriculture is projected to witness steady growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Derivative
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Global Bromine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Flame Retardants
        2. Growth in Water Treatment Applications
        3. Expanding Pharmaceutical Industry
        4. Rising Agricultural Demand for Pesticides
      2. Restraints
        1. Environmental Regulations and Concerns
        2. Volatility in Raw Material Prices
        3. Health and Safety Regulations
        4. Competition from Alternative Chemicals
      3. Opportunities
        1. Technological Advancements in Bromine Extraction
        2. Emerging Applications in Energy Storage
        3. Market Expansion in Developing Economies
        4. Sustainable Production Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bromine Market, By Derivative, 2021 - 2031 (USD Million)
      1. Organobromine
      2. Clear Brine Fluids
      3. Hydrogen Bromide (HBR)
    2. Global Bromine Market, By Application, 2021 - 2031 (USD Million)
      1. Flame Retardants
      2. Water Treatment
      3. Mercury Emission Control
      4. Oil & Gas Drilling
      5. HBR Flow Batteries
      6. Pta Synthesis
      7. Pesticide Plasma Etching
      8. Pharmaceuticals
      9. Others
    3. Global Bromine Market, By End Users, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Oil & Gas
      3. Pharmaceuticals
      4. Agriculture
      5. Textiles
      6. Electronics
      7. Others
    4. Global Bromine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Israel Chemicals Ltd.
      2. Albemarle Corporation
      3. LANXESS Corporation
      4. Tosoh Corporation
      5. TETRA Technologies, Inc.
      6. Gulf Resources Inc.
      7. Tata Chemicals Limited
  7. Analyst Views
  8. Future Outlook of the Market