“North America Bromine Market & Its Derivatives by Application (Flame Retardants, Oil & Gas Drilling, Biocides, Medicinal, Hbr Flow Battery, Plasma Etching, PTA Synthesis), Derivatives (Organobromines, Clear Brine Fluids, And Hydrogen Bromide) & Geography – Global Trends & Forecasts 2019” Offered by RnRMarketResearch.com
The report covers important bromine North American markets. It further divides the market on the basis of applications, geography, and its derivatives. The market data has been provided with respect to volume (thousand tons) and value ($Million). The North American market value of Bromine was estimated to be $1193.5 million in 2014 and is projected to grow at a CAGR of about 10.8% from 2014 to 2019. The data mentioned in the report is based on the North American demand for Bromine. This provides an idea of the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to bromine raw materials, manufacturers, and end-users. The value chain describes key contributors to the materials market at different stages from product development to the end-use. It represents the top players that contribute to the North America Bromine industry.
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The impact of different market factors, such as drivers, restraints, and opportunities has also been illustrated in the report. This helps understand key drivers such as stringent fire safety regulations and the growing demand of clear brine fluid in North America, along with restraints such as the declining use of Penta-BDE, Octa-BDE, and Deca-BDE and a decline in the demand for methyl bromide in North America. An economic slowdown in the U.S. also affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market.
The North America bromine market is also classified based on different applications. Important applications include flame retardants, biocides, oil & gas, medicinals, PTA synthesis, plasma etching, and others. The oil & gas, water treatment, electronics, and fine chemicals industries are expected to display rapid growth in future. The key companies in this market are Albemarle (U.S), Israel Chemical Ltd. (Israel), Chemtura Corporation (U.S), Tetra Technologies (Texas), Jordan Bromine Company (Amman, Jordan), and others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serve the customers more effectively. Investments in the expansion of plant capacities, followed by acquisitions were the most preferred strategies by top players in 2013 and 2014 drive the demand for bromine. Their strategy to capture the market in developing economies includes expansions and agreements.
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Table of Content
2 Market Overview
3 Research Methodology
4 Phosphatic Fertilizers-Latin America, By Applications
5 Bromine Market, By Derivative
6 Bromine Market, By Country
7 Bromine Market: Competitive Landscape
8 Bromine Market, By Company
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