The Global Hydrophobic Acid Market is Estimated to Reach $648 Million by 2019 - A Report by MicroMarket Monitor

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“Hydrobromic acid market By Application (Plasma etching, HBR flow battery, PTA synthesis, Fumigant synthesis & other appliancation) & Region (North America, Europe, Asia pacific & Rest of the world)— Forecasts to 2019” report analyzes the Global Hydrobromic Acid Market with respect to market drivers, opportunities, and trends in different regions.

MicroMarket Monitor

MicroMarket Monitor

The Key Players Global Hydrobromic Acid Market include Tata Chemicals (INDIA), Tosoh Corporation (Japan), Israel Chemicals (Israel), Jordan Bromine Company (Jordan), Tetra technologies (U.S.), Dow Chemical Company (U.S.) Sanofi S.A. (France).

The Asia pacific region is expected to dominate this market with its growing demand for hydrobromic acid in different applications, especially textiles, adhesives, pharmaceutical industry. The North American region is estimated to show a rising growth in next five years with allied industries expected to stabilize the overall business requirement.

Browse through the TOC of global hydrobromic acid market for an analysis of industry trends and segments, with the help of various tables and figures.

Investments and Expansion are key factors for the market growth. The manufacturing companies, associations, and end-product manufacturers infuse high investments for future advancements and technology modifications of formic acid in order to match new demands from the various end-user industries.

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The Asia pacific region is largest, both in terms of volume and value, followed by North America. The key players in the global hydrobromic acid are Tata Chemicals (INDIA), Tosoh Corporation (Japan), Israel Chemicals (Israel), Jordan Bromine Company (Jordan), Tetra technologies (U.S.), Dow Chemical Company (U.S.), Sanofi S.A. (France), Hindustan Salts limited (India), Albemarle Corporation (U.S.), Chemtura (U.S.) and others.

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This report highlights the demand in the hydrobromic acid market, both in terms of value and volume. It depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, expansions, agreements, and mergers & acquisitions of the leading global companies.

The current market value of the global hydrobromic acid market was valued at $480 million in 2014, and is estimated to reach $650 million by 2019, at a CAGR of 7%, from 2014 to 2019. The high demand across the industries, such as textiles, manufacturing, fibre, chemical & pharmaceuticals boosts growth in the hydrobromic acid market.

Related Report:

Asia-Pacific Phthalic Anhydride Market and Derivatives

The Asia-Pacific phthalic anhydride market, along with its applications, has witnessed a strong growth in the past few years and this growth is estimated to be strong in the coming years. Phthalic anhydride is one of the basic organic chemical raw materials widely used in the plastics, paints & coatings, dyes, building & construction, pharmaceuticals, and rubber industries. Diversified applications of phthalic-based plasticizers in a broad spectrum of industries are among the major reasons behind the rapidly-growing demand for plasticizers in Asia-Pacific. However, the consumer shift towards sustainable products is impacting the demand for phthalic anhydride and its applications in various industries.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Chemicals and Advanced Materials Industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Chemicals and Advanced Materials Industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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