Key Players in the Asia-Pacific Bromine Market are Tosoh Corporation (Japan), Gulf Resources Inc. (China), Tata Chemicals Limited (India), Jordan Bromine Company Limited (Jordan), and Hindustan Salts Limited (India)
(PRWEB) October 19, 2014
The Asia-Pacific Bromine Market report defines and segments the bromine market in Asia-Pacific with analysis and forecast of revenue.
Browse through the TOC of the Asia Pacific Bromine Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific bromine market, and is supported by various tables and figures.
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 application 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. Other sources such as underground wells in China and shallow sea in Ukraine contain lesser concentration of bromine.
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Global Bromine consumption is driven by the Asia-Pacific market, with countries such as China, India, Japan, Korea, Taiwan, Singapore, and Malaysia. The rapidly growing construction sector in these countries is impacting the demand of bromine. Organobromines applications are the key drivers for bromine demand in the Asia-Pacific market. In India, since cheap labor is easily available, the construction sector is growing and further flourishing. Considering, the wide expansion and development by companies and industries, and the overall economic growth, the investments in the bromine industries have surged.
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The report covers the Asia-Pacific Bromine market which is segmented on the basis of application and geography. In the Asia-Pacific region, 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.
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