New Report Available: Europe Bromine Market & Its Derivatives - Analysis and Forecast to 2019

From: Fast Market Research, Inc.
Published: Mon Apr 20 2015


Europe Bromine Market & Its Derivatives by Application (Flame Retardants, Oil & Gas Drilling, Biocides, Medicinal, HBR Flow Battery, Plasma Etching, PTA Synthesis), by Derivatives (Organobromines, Clear Brine Fluids, Hydrogen Bromide), by Geography - Analysis and Forecast to 2019

The report includes the important bromine Europe markets. The market is further segmented on the basis of applications, countries, and its derivatives. The market data for these types is given with respect to volume (thousand tons) and value ($million). The market value of Europe bromine was estimated to be $175.9 million in 2014 and is projected to grow with a CAGR of about 8.8% from 2014 to 2019. The data mentioned in the report are based on the demand in Europe for Bromine.

The total market for European bromine has been analyzed. This includes the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to Bromine raw materials, manufacturers, and end users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players which are contributing to the European Bromine industry.

Full Report Details at
- http://www.fastmr.com/prod/980663_europe_bromine_market_its_derivatives_analysis.aspx?afid=301

The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as increasing demand of brominated pharmaceuticals and well established automotive industries, and restraints such as ban in brominated vegetable oil (BVO), ban on use of certain brominated flame retardants in Europe. The economic slowdown in Europe and the U.S. also affected the economy of other developed countries that are of key importance for the commercial success of new materials and its end-user market.

The European bromine market is also classified based on different applications. The important applications include flame retardants, biocides, oil & gas, medicinals, PTA synthesis, plasma etching, and others. The automotive & pharmaceutical industries are expected to show rapid growth in the future.

The key companies in this market are Albemarle (U.S.), Israel Chemical Ltd. (Israel), Chemtura corporation (U.S.), Sanofi S.A (France), Jordan Bromine Company (Amman, Jordan), and others. These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. Investments in expansion of plant capacities, followed by acquisitions were the most preferred strategies by the top players in 2013 & 2014 that are driving the demand of Bromine. Their strategy to capture the market in developing economies includes expansions and agreements.

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