Bromine Market by Derivative Type, Application and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 168 SKU: IRTNTR44833

Bromine Market Forecast 2023-2027

The bromine market is estimated to grow by USD 964.37 million at a CAGR of 4.02% between 2022 and 2027. The market's growth is influenced by several key factors. Firstly, the expansion of the oil and gas industry plays a pivotal role, driving the demand for flame retardants used in various applications within this sector. Additionally, the increased focus on safety and regulatory compliance fuels the need for flame-retardant materials across industries. Moreover, the rise in demand from developing economies, characterized by rapid industrialization and infrastructure development, further boosts market growth. These factors collectively highlight the growing importance of flame retardants in ensuring safety and compliance across industries, particularly in regions experiencing significant economic growth.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

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Market Segmentation

This report extensively covers market segmentation by derivative type (hydrogen bromide, organobromine compounds, bromine fluids, and others), application (flame retardants, drilling fluids, water treatment, agriculture, and others), and geography (APAC, Middle East and Africa, Europe, North America, and South America).

By Derivative Type

The market share growth by the hydrogen bromide segment will be significant during the forecast period. The inorganic chemical with the formula HBr is hydrogen bromide. It is a hydrogen halide made up of hydrogen and bromine. It is a colorless gas that dissolves in water to generate hydrobromic acid, which is saturated at room temperature to provide 68.85% HBr by weight.

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The hydrogen bromide segment showed a gradual increase in the market share of USD 1.14 billion in 2017. Hydrogen bromide and its aqueous solution are popular reagents used in the synthesis of bromide compounds. Hydrogen bromides are created by mixing hydrogen and bromine at temperatures ranging from 200 degrees Celsius to 400 degrees Celsius. Platinum is generally used to accelerate the process. Inhaling HBr is extremely corrosive and unpleasant. This segment holds the largest market share and is expected to remain the dominant segment of the market during the forecast period.

By Region

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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

In APAC, China, Indonesia, Malaysia, and Thailand are the leading producers of oil and natural gas, and the production of crude oil has increased due to the high demand for oil and gas in these countries. Crude oil extraction in APAC will drive the consumption of these derivatives during the forecast period. Developing countries in this region are exploring oil fields for extracting natural gas and oil, which will increase the use of bromine and bromine derivatives for extracting crude oil from oil wells and offshore extraction. 

Bromine is also used as a pesticide in agricultural storage units to protect crops, vegetables, and fruits from pest and insect attacks. The increasing agricultural activities in APAC will drive the demand for fertilizers during the forecast period. Furthermore, it is also used in electrical and electronic equipment. The growth of the electrical and electronics industry in the region will drive the use of manufacturing electronic appliances such as smartphones and light-emitting diode (LED) TVs. This will also contribute to the growth of the focused market during the forecast period. 

Market Dynamics and Customer Landscape

The market serves diverse industries such as oil & gas, textile, aerospace, automobiles, and cosmetics. It is widely used as a flame retardant, water disinfectant, and insecticide, making it crucial for various applications. Organobromides and Clear Brine Fluid are key products in oil & gas drilling, while the construction and water treatment industries rely on bromine for their chemical needs. With a focus on renewable sources aofnd energy storage solutions, the market is also exploring zinc-bromine technology. Despite its pungent odor, bromine's versatile properties continue to drive its demand in industries such as pharmaceuticals and the plastics industry. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growth of the oil and gas industry is notably driving the market growth. The increase in oil and gas exploration activities in the US, Brazil, Mexico, Saudi Arabia, China, Russia, Norway, and other oil and gas-rich countries and the extensive use of bromine as drilling fluid for extracting petroleum products will contribute to the growth of the market. 

The increased acceptance of horizontal drilling and hydraulic fracturing techniques will fuel the consumption of bromine and bromine derivatives during the forecast period. This is supported by oil & gas drilling, energy storage solutions, renewable sources, and versatile properties.  According to the US EIA, oil production through hydraulically fractured wells in the US accounted for 64% of the total oil and natural gas wells drilled in the country in 2021. Hydraulically fractured horizontal wells are increasingly used for developing crude oil and natural gas. These factors will accelerate the growth of the focused market during the forecast period. 

Major Market Trends

Rising mercury emission control is a major trend in the market. Bromine compounds are used to control mercury emissions from coal-fired power plants, as emissions of air pollutants such as mercury and arsenic are primary environmental concerns. Bromine is used to mitigate mercury emissions. When bromine compounds come in contact with mercury in the presence of flue gases, they form mercuric bromide. Mercuric bromide can be more easily captured in flue-gas scrubbers than the mercuric chloride that is produced at many facilities. The US Environmental Protection Agency (EPA) has set certain standards to limit the emissions of mercury, acid gases, and other toxic pollutants from power plants; this will increase the use of bromine and its compounds to reduce mercury emissions during the forecast period. 

LANXESS offers brominated performance products under GeoBrom, a new bromine derivate product for clean coal technology. The product helps remove mercury emissions from coal-fired boilers and power plant installations efficiently. These initiatives will drive the demand for bromine and bromine derivatives during the forecast period. 

Significant Market Challenge

The increased demand for non-halogenated flame retardants is a major challenge impeding market growth. Non-halogenated flame retardants are based on elements such as phosphorus and nitrogen. Phosphorus-containing flame retardants are extensively used in standard and engineering plastics, thermosets, coatings, polyurethane foams, and textiles.

Flame retardants manufactured using phosphate esters are mainly used in engineering plastics, phenolic resins, and coatings. Though ammonium polyphosphate flame retardants are primarily used in intumescent coatings, they are effective in rigid and flexible polyurethane foams and injection-molded polyolefins in formulations for phenolics, epoxies, unsaturated polyesters, and coatings for textiles.

Nitrogen-based melamine cyanurate is used in nylon and polypropylene intumescent formulations in conjunction with ammonium polyphosphate. These flame retardants are used in abundance, which poses a threat to the demand for halogenated flame retardants; this will reduce the consumption of bromine and bromine derivatives during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Bromine Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Tosoh Corp. - The company offers operations that include the manufacture and sale of caustic soda, vinyl chloride monomer, polyvinyl chloride, high-performance polyurethane, and cement. The company's key offerings include bromine. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Agrocel Industries Pvt. Ltd.
  • Albemarle Corp.
  • Archean Chemical Industries Ltd.
  • BEACON ORGANOSYS
  • Dhruv Chem Industries
  • Gulf Resources Inc.
  • Hindustan Salts Ltd.
  • Honeywell International Inc.
  • Israel Chemicals Ltd.
  • Lanxess AG
  • Mody Chemi Pharma Ltd.
  • Morre Tec Industries
  • Pacific Organics Pvt. Ltd.
  • Sahayamatha Salterns Pvt. Ltd.
  • Sangfroid Chemicals Pvt. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2017 to 2027. 

  • Derivative Type Outlook 
    • Hydrogen bromide
    • Organobromine compounds
    • Bromine fluids
    • Others
  • Application Outlook 
    • Flame retardants
    • Drilling fluids
    • Water treatment
    • Agriculture
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Market Analyst Overview

The market plays a crucial role in various industries, including oil and gas drilling, construction, and water treatment. Companies like Chemtura Corporation are prominent players in this market, supplying bromine for use in flame retardants, disinfectants, and biocides. With its high reactivity and effective heat stabilization, bromine is also essential in the pharmaceuticals and agriculture industries. Moreover, the market is witnessing growth in energy storage solutions, particularly in bromine-based flow batteries, which offer flexible design and meet energy storage requirements for renewable energy and energy grids. Efforts are being made to ensure the safe use of bromine through governmental policies and research and development.

The market is diverse, finding applications across various industries. In construction, it is used in flame retardants for enhanced fire safety. The water treatment sector utilizes bromine for its efficacy in treating water from sources like soil, salt, and seawater. In oil and gas-related activities, bromine plays a role in drilling operations. Additionally, the pharmaceuticals and agriculture industries benefit from bromine-based compounds for various purposes. Bromine's energy storage solutions are also gaining traction, especially in bromine-based flow batteries, offering efficient energy storage and management with a long cycle life. Efforts are ongoing to ensure the safe use of bromine, particularly in automotive fluids and medical equipment, while considering waste streams and after-use applications.

 Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.02%

Market growth 2023-2027

USD 964.37 million

Market structure

Fragmented

YoY growth 2022-2023(%)

3.15

Regional analysis

APAC, Middle East and Africa, Europe, North America, and South America

Performing market contribution

APAC at 40%

Key countries

US, Saudi Arabia, China, Japan, and India

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

Agrocel Industries Pvt. Ltd., Albemarle Corp., Archean Chemical Industries Ltd., BEACON ORGANOSYS, Dhruv Chem Industries, Gulf Resources Inc., Hindustan Salts Ltd., Honeywell International Inc., Israel Chemicals Ltd., Lanxess AG, Mody Chemi Pharma Ltd., Morre Tec Industries, Pacific Organics Pvt. Ltd., Sahayamatha Salterns Pvt. Ltd., Sangfroid Chemicals Pvt. Ltd., Solaris Chemtech, Tata Chemicals Ltd., TETRA Technologies Inc., Tosoh Corp., and Yogi Intermediates Pvt. Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Derivative Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global bromine market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global bromine market 2017 - 2021 ($ million)
    • 4.2 Derivative type Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Derivative type Segment 2017 - 2021 ($ million)
    • 4.3 Application Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Derivative Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Derivative Type - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Derivative Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Derivative Type
      • Exhibit 32: Chart on Comparison by Derivative Type
      • Exhibit 33: Data Table on Comparison by Derivative Type
    • 6.3 Hydrogen bromide - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Hydrogen bromide - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Hydrogen bromide - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Hydrogen bromide - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Hydrogen bromide - Year-over-year growth 2022-2027 (%)
    • 6.4 Organobromine compounds - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Organobromine compounds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Organobromine compounds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Organobromine compounds - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Organobromine compounds - Year-over-year growth 2022-2027 (%)
    • 6.5 Bromine fluids - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Bromine fluids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Bromine fluids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Bromine fluids - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Bromine fluids - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Derivative Type
      • Exhibit 50: Market opportunity by Derivative Type ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 51: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on Application - Market share 2022-2027 (%)
    • 7.2 Comparison by Application
      • Exhibit 53: Chart on Comparison by Application
      • Exhibit 54: Data Table on Comparison by Application
    • 7.3 Flame retardants - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Flame retardants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Flame retardants - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Flame retardants - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Flame retardants - Year-over-year growth 2022-2027 (%)
    • 7.4 Drilling fluids - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Drilling fluids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Drilling fluids - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Drilling fluids - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Drilling fluids - Year-over-year growth 2022-2027 (%)
    • 7.5 Water treatment - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Water treatment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Water treatment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Water treatment - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Water treatment - Year-over-year growth 2022-2027 (%)
    • 7.6 Agriculture - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Application
      • Exhibit 75: Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 77: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 78: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 79: Chart on Geographic comparison
      • Exhibit 80: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 93: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 97: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 113: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 115: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 116: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 117: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 118: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 119: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 120: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 121: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 122: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 123: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 124: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 125: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 126: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 127: Matrix on vendor position and classification
            • 12.3 Agrocel Industries Pvt. Ltd.
              • Exhibit 128: Agrocel Industries Pvt. Ltd. - Overview
              • Exhibit 129: Agrocel Industries Pvt. Ltd. - Product / Service
              • Exhibit 130: Agrocel Industries Pvt. Ltd. - Key offerings
            • 12.4 Albemarle Corp.
              • Exhibit 131: Albemarle Corp. - Overview
              • Exhibit 132: Albemarle Corp. - Business segments
              • Exhibit 133: Albemarle Corp. - Key news
              • Exhibit 134: Albemarle Corp. - Key offerings
              • Exhibit 135: Albemarle Corp. - Segment focus
            • 12.5 Archean Chemical Industries Ltd.
              • Exhibit 136: Archean Chemical Industries Ltd. - Overview
              • Exhibit 137: Archean Chemical Industries Ltd. - Product / Service
              • Exhibit 138: Archean Chemical Industries Ltd. - Key offerings
            • 12.6 BEACON ORGANOSYS
              • Exhibit 139: BEACON ORGANOSYS - Overview
              • Exhibit 140: BEACON ORGANOSYS - Product / Service
              • Exhibit 141: BEACON ORGANOSYS - Key offerings
            • 12.7 Dhruv Chem Industries
              • Exhibit 142: Dhruv Chem Industries - Overview
              • Exhibit 143: Dhruv Chem Industries - Product / Service
              • Exhibit 144: Dhruv Chem Industries - Key offerings
            • 12.8 Gulf Resources Inc.
              • Exhibit 145: Gulf Resources Inc. - Overview
              • Exhibit 146: Gulf Resources Inc. - Business segments
              • Exhibit 147: Gulf Resources Inc. - Key offerings
              • Exhibit 148: Gulf Resources Inc. - Segment focus
            • 12.9 Hindustan Salts Ltd.
              • Exhibit 149: Hindustan Salts Ltd. - Overview
              • Exhibit 150: Hindustan Salts Ltd. - Business segments
              • Exhibit 151: Hindustan Salts Ltd. - Key offerings
              • Exhibit 152: Hindustan Salts Ltd. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 153: Honeywell International Inc. - Overview
              • Exhibit 154: Honeywell International Inc. - Business segments
              • Exhibit 155: Honeywell International Inc. - Key news
              • Exhibit 156: Honeywell International Inc. - Key offerings
              • Exhibit 157: Honeywell International Inc. - Segment focus
            • 12.11 Israel Chemicals Ltd.
              • Exhibit 158: Israel Chemicals Ltd. - Overview
              • Exhibit 159: Israel Chemicals Ltd. - Business segments
              • Exhibit 160: Israel Chemicals Ltd. - Key news
              • Exhibit 161: Israel Chemicals Ltd. - Key offerings
              • Exhibit 162: Israel Chemicals Ltd. - Segment focus
            • 12.12 Lanxess AG
              • Exhibit 163: Lanxess AG - Overview
              • Exhibit 164: Lanxess AG - Business segments
              • Exhibit 165: Lanxess AG - Key offerings
              • Exhibit 166: Lanxess AG - Segment focus
            • 12.13 Mody Chemi Pharma Ltd.
              • Exhibit 167: Mody Chemi Pharma Ltd. - Overview
              • Exhibit 168: Mody Chemi Pharma Ltd. - Product / Service
              • Exhibit 169: Mody Chemi Pharma Ltd. - Key offerings
            • 12.14 Morre Tec Industries
              • Exhibit 170: Morre Tec Industries - Overview
              • Exhibit 171: Morre Tec Industries - Product / Service
              • Exhibit 172: Morre Tec Industries - Key offerings
            • 12.15 Pacific Organics Pvt. Ltd.
              • Exhibit 173: Pacific Organics Pvt. Ltd. - Overview
              • Exhibit 174: Pacific Organics Pvt. Ltd. - Product / Service
              • Exhibit 175: Pacific Organics Pvt. Ltd. - Key offerings
            • 12.16 TETRA Technologies Inc.
              • Exhibit 176: TETRA Technologies Inc. - Overview
              • Exhibit 177: TETRA Technologies Inc. - Business segments
              • Exhibit 178: TETRA Technologies Inc. - Key offerings
              • Exhibit 179: TETRA Technologies Inc. - Segment focus
            • 12.17 Tosoh Corp.
              • Exhibit 180: Tosoh Corp. - Overview
              • Exhibit 181: Tosoh Corp. - Business segments
              • Exhibit 182: Tosoh Corp. - Key offerings
              • Exhibit 183: Tosoh Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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