NEW YORK, Sept. 22, 2021 /PRNewswire/ -- The Global bromine market is poised to grow by $ 628.09 mn during 2021-2025, progressing at a CAGR of 2.83% during the forecast period, according to Technavio. The report offers an up-to-date analysis and to know exact growth variance and the Y-O-Y growth rate, Request a free sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Albemarle Corp., BEACON ORGANOSYS, Gulf Resources Inc., Honeywell International Inc., Israel Chemicals Ltd., LANXESS AG, Pacific Organics Pvt. Ltd., Perekop bromine, TETRA Technologies Inc., and Tosoh Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growth of the oil and gas industry has been instrumental in driving the growth of the global bromine market. However, fluctuation in the prices of crude oil might hamper the market growth.
Global Bromine Market 2021-2025: Segmentation
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44833
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Bromine Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our global bromine market report covers the following areas:
This study identifies a rise in demand from developing economies as one of the prime reasons driving the global bromine market growth during the next few years.
Bromine Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Global Bromine Market. Backed with competitive intelligence and benchmarking, our research reports on the Bromine Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Bromine Market 2021-2025: Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Application
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