Bromine Derivatives Market Size To Reach $5.65 Billion By 2030

Bromine Derivatives Market Growth & Trends

The global bromine derivatives market size is projected to reach USD 5.65 billion by 2030, exhibiting a CAGR of 6.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing installations of flame retardant electronics devices in the automotive sector are providing a fillip to the market. Brazil, Mexico, U.S., China, Saudi Arabia, Russia, and Norway have increased their oil & gas exploration activities. In such activities, calcium bromide (CaBr) and Sodium Bromide (NaBr) are used as drilling fluid for extraction of petroleum products. Therefore, the trend will stoke the growth of the market.

Raw material suppliers, product manufacturers, and end users are the part of value chain of the bromine derivatives market. Major manufacturing players in the bromine derivatives market include Albemarle Corporation, Lanxess, Chemtura Corporation, Israel Chemicals Ltd., Gulf Resources, Perekop Bromine, Albemarle Corporation, Sanofi S.A., and Tata Chemicals. To reduce time and costs involved in supply of materials, manufacturing facilities of raw material manufacturers are located in close proximity to bromine deposits.

Hydrobromic acid and calcium bromide are two key derivatives of bromine. Hydrobromic acid is used in the manufacturing of inorganic products such as zinc, sodium, and potassium bromides. Diatomic molecule of hydrogen bromide is dissolved in aqueous water to prepare the acid.

Calcium bromide is produced by reaction of calcium oxide (CaO), calcium carbonate (CaCo3) with hydrobromic acid. It is used in drilling fluids, photography, and oxidizer for mercury emissions control. Apart from uses in flame retardants and oil & gas, bromine derivative applications also include the use of fumigants in perfumes, heavy brines, and other specialty chemicals.

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Bromine Derivatives Market Report Highlights

• Tetrabromobisphenol A accounted for the largest market share of more than one fourth of the overall revenue in 2024. It is mainly used as a reactive component in polymer manufacturing.

• The flame retardants led the market and accounted for the largest revenue share of 45.4% in 2024, primarily driven by stringent safety regulations.

• The Asia Pacific bromine derivatives market dominated the global market and accounted for the largest revenue share of 51.1% in 2024. This growth can be attributed to the rapid expansion of the pharmaceutical and electronics industries.

Bromine Derivatives Market Segmentation

Grand View Research has segmented the global bromine derivatives market report based on product, application, and region:

Bromine Derivatives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Brominated Polystyrene

• Tetrabromobisphenol A

• Calcium Bromide

• Sodium Bromide

• Zinc Bromide

• Hydrobromic Acid

• Decabromodiphenyl Ethane (DBDPE)

• Others

Bromine Derivatives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Flame Retardants

• Organic Intermediates

• Oil & gas

• Biocides

• PTA Synthesis

• Others

Bromine Derivatives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

  • Brazil

• Middle East and Africa

List of Key Players in Bromine Derivatives Market

• Albemarle Corporation

• Tata Chemicals Ltd.

• Lanxess Corporation

• Honeywell International Inc.

• Tosoh Corporation

• Israel Chemicals Limited

• Tetra Technologies Inc.

• Hindustan Salts Ltd.

• Jordan Bromine Company Ltd.

• Morre-Tec Industries, Inc.

• Beacon Organosys