The Europe Bromine Market Estimated to Grow to $246.9 Million by 2018 - New Report by MicroMarket Monitor
(PRWEB) October 10, 2014 -- The Europe Bromine Market report defines and segments the bromine market in Europe with analysis and forecast of revenue.
Browse through the TOC of the Europe Bromine Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European bromine market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-bromine-4696118874.html
Bromine is a volatile and heavy liquid element at room temperature. It is brownish-red in color, and dissolves in water. Bromine is extracted from seawater, salt lakes, and brine wells. There are three major derivatives of bromine namely, organobromines, clear brine fluid, and hydrogen bromide or hydro bromic acid. Globally, the market share of organobromines is the highest and the flame retardants are the largest applications of bromine. Bromine is usually obtained from sea water, through the treatment of seawater with chlorine and flushing through with air. In this treatment, bromide is oxidized to bromine by the chlorine gas. Dead Sea brine is the richest source of bromine in the world.
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The Bromine market in the European region is concentrated in countries such as, the U.K, France, Germany, and Spain. The consumption of organobromines is the largest in the European market and is expected to grow further in the next five years due to huge investments in infrastructure developments and new upcoming housing projects in Europe. The bromine manufacturing industry in the region is moving towards strategic collaboration as the major bromine players are expanding their production with long term agreements and partnerships. However, the adverse factors such as high fluctuation in raw material prices, rising manufacturing costs, and tight competition from Asia-Pacific producers can affect the competitiveness of the European producers. Besides, the currency fluctuations between the euro and dollar can lead to currency translation distortions, with regards to international sales turnover for the European manufacturers.
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The report covers the European bromine market which is segmented on basis of application and geography. In the European region, the bromines are applied in brine fluids, hydrogen bromide or hydrobromic acid, and organobromines.
Related Reports :
North America Bromine Market
Bromine-North America market has been pegged at $1.1b in the year 2013 growing at 10.8% annually and is projected to reach $1.8b by the end of the year 2018.
Bromine-North America constitutes 30.3% of Global Br market and is poised to grow its market share to 28.1% by the end of year 2018.
It is segmented on basis of applications and geographies.
Bromine-North America are applied in brominated organic chemicals, Brine Fluids and HBr OR Hydrobromic Acid.
http://www.micromarketmonitor.com/market/north-america-bromine-4134403630.html
Asia-Pacific Bromine Market
Bromine-Asia-Pacific market has been pegged at $2.2b in the year 2013 growing at 13.6% annually and is projected to reach $4.1b by the end of the year 2018.
Bromine-Asia-Pacific constitutes 60.5% of Global Bromine market and are poised to grow its market share to 63.6% by the end of year 2018.
It is segmented on basis of applications and geographies.
Bromine-Asia-Pacific are applied in Brominated organic compounds, Brine Fluids and Hydrogen Bromide OR Hydrobromic Acid.
http://www.micromarketmonitor.com/market/asia-pacific-bromine-6741503144.html
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