Global Bromine Market is estimated to be valued at USD 3.76 Bn in 2025 and is expected to reach USD 5.19 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 3.76 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
4.70%
2032 Value Projection:
USD 5.19 Bn
Figure. Bromine Market Share (%), By Region 2025
Global bromine market has been witnessing steady growth in the past few years due to increasing use of bromine in various applications such as flame retardants, biocides, drilling fluids, and water treatment. Bromine possesses excellent chemical and flame-retardant properties, which makes it an essential part of numerous end-use industries ranging from electronics to construction. Growing automotive and electronics industries, along with rising disposable incomes in developing countries, has boosted consumption of bromine-based flame retardants in many consumer products. Moreover, increasing use of bromine in agrochemicals and oil & gas exploration activities can drive the market growth in the near future. However, rising environmental concerns regarding toxic emissions from bromine compounds may hamper the growth of the global bromine market during the forecast period.
Market Dynamics:
Global bromine market growth is primarily driven by rising demand for bromine-based flame retardants from industries such as building and construction, automotive, electronics, and textiles. Bromine flame retardants are commonly used in wires & cables, circuit boards, upholstery, carpets, and insulation materials due to their non-toxic and cost-effective nature. Furthermore, increasing application of bromine compounds in water treatment, oil & gas exploration, agrochemicals, and personal care products can offer new growth avenues for market players. However, stringent environmental regulations regarding the use of certain toxic brominated flame retardants can hamper the market growth. Moreover, the availability of substitute products can hamper the market growth.. Growing research and development R&D activities towards developing eco-friendly bromine compounds can offer lucrative opportunities over the next few years.
Key Features of the Study:
This report provides an in-depth analysis of the global bromine market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global bromine market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include - Albemarle Corporation, Israel Chemicals Limited, Chemtura Corporation, Tosoh Corporation, Gulf Resources Inc., Tetra Technologies Inc., Tata Chemicals Limited, Hindustan Salts Limited, Honeywell International Inc. and Agrocel Industries Pvt. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up gradation, market expansion, and marketing tactics
Global bromine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bromine market
Detailed Segmentation:
By Derivatives
Clear Brine Fluids
Hydrogen Bromide
Organobromines
By Application
Flame Retardants
Biocides
Oil and Gas Drilling
Plasma Etching
PTA Synthesis
Others
By End-use Industry
Oil and Gas
Chemicals
Pharmaceuticals
Electronics
Textiles
Others(Water Treatment, Cosmetics)
By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles
Albemarle Corporation
Israel Chemicals Limited
Chemtura Corporation
Tosoh Corporation
Gulf Resources Inc.
Tetra Technologies Inc.
Tata Chemicals Limited
Hindustan Salts Limited
Honeywell International Inc.
Agrocel Industries Pvt. Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Derivatives
Market Snippet, By Application
Market Snippet, By End-use Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Flame retardants
Water disinfection
Mercury emission control
Restraints
Regulations over flame retardant usage
Easy availability of substitutes
Opportunities
Increasing demand from oil & gas industry
Growing demand for mercury emission control
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations
4. Global Bromine Market- Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Bromine Market, By Derivatives, 2020-2032, (US$ Bn &KT)
Introduction
Market Share Analysis, 2025, 2028, 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Clear Brine Fluids
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Hydrogen Bromide
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Organobromines
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
6. Global Bromine Market, By Application, 2021-2032, (US$ Bn &KT)
Introduction
Market Share Analysis, 2025, 2028, 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Flame Retardants
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Biocides
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Oil and Gas Drilling
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Plasma Etching
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
PTA Synthesis
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
7. Global Bromine Market, By End-use Industry, 2020-2032, (US$ Bn &KT)
Introduction
Market Share Analysis, 2025, 2028, 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Oil and Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Chemicals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Pharmaceuticals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Electronics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Textiles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
Others (Water Treatment, Cosmetics)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn & KT)
8. Global Bromine Market, By Region, 2020-2032, (US$ Bn &KT)
Introduction
Market Share Analysis, By Region, 2025, 2028, 2032(%)
Y-o-Y Growth Analysis, For Region, 2021 - 2032
Region Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Derivatives, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn &KT)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Derivatives, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn &KT)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Derivatives, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn &KT)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Derivatives, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032, (US$ Bn &KT)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Derivatives, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2020-2032, (US$ Bn &KT)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020-2032, (US$ Bn &KT)