Chemical

Organobromine Market Analysis, Size, Share, Trends, Growth and Opportunity 2019 to 2024

Organobromine

Organobromine compounds are the brominated organic compounds in which carbon is chemically bonded to bromine. These are highly pervasive and thus are helpful in applications of flame retardation. Some of the organobromine compounds that act as flame retardants are Hexabromocyclododecane, Tetrabromobisphenol-A and Bromodiphenyl ether. Also, some of these organic compounds act as fumigants and are used for medicinal purpose. Some of the industries where these compounds are used are pharmaceutical, construction, power generation units, etc.

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The growth of the market can be linked to the strict environmental policies that encourage the application of bromine mainly in coal fired power units. The use in power plants can conveniently lower the mercury consisting effluents. Moreover, favorable regulations initiated by the government bodies have been identified as one of the major driver of the market. However, the rising concerns over the harmful effect of brominated flame retardants non-halogenated substitutes on human health has hampered the market to a greater extent. Growing application of bromine mainly in mercury lowering agents is likely to create greater opportunities for the market. These reducing agents are mainly used in power plants.

The growth in global Organobromine market is also influenced by the presence of major players such as SANOFI S.A., Israel Chemical Ltd, Chemtura, MORRE-TEC INDUSTRIES INC., Tosoh Corporation, JORDAN BROMINE COMPANY LTD., Jordan Bromine Ltd, HINDUSTAN SALTS LTD., TETRA TECHNOLOGIES INC, Albemarle Corporation

Most important types of Organobromine products covered in this report are: stand up pouches, retort pouches, spouted pouches, 3-side seal pouches and others.

Most widely used downstream fields of Organobromine market covered in this report are: Oil & Gas, Flame Retardants, Biocide, Plasma Etching

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Geographically, the Organobromine market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and grades.

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