Press Release

Flame Retardants to Hold Largest Market Share in India Bromine Market During Forecast Period

Increasing demand for bromine from various end user industries such as consumer electronics, oil & gas, among others to drive the growth of India bromine market

According to TechSci Research report, India Bromine Market By Derivative, By Application, By End User Industry, By Region, Competition, Forecast & Opportunities, 2025 the India bromine market is expected to grow at a steady CAGR during the forecast period owing to the increased use of bromine in various applications such as flame retardant, photographic chemical, bleaching & oxidizing chemical, precision cleaning, monomers for specialty polymers, organic intermediates, among others. Additionally, growing demand for flame retardants in the textile and electronic industries is further expected to propel the market during forecast period. However, emergence of non-halogenated flame retardants can hamper the growth of market during forecast period. Moreover, environmental and health concerns regarding brominated flame retardants further restrict the market growth.

Browse  market data Tables and  Figures spread through  Pages and an in-depth TOC on " India Bromine Market"

The India bromine market is segmented based on derivative, application, end user industry, and region. Based on application, the market can be fragmented into flame retardants, water treatment, Hbr flow batteries, mercury emission control, PTA synthesis and others. The flame retardants are expected to hold the largest market share owing to the stringent fire safety regulations implemented by the regulatory bodies which augment the consumption of flame retardants in various end-use industries, such as electronics & consumer goods, building & construction, automotive, textile, rubber, elastomer, among others.

Honeywell International India Pvt. Ltd., Hindustan Salts Limited, Tata Chemicals Limited, Tosoh Corporation, Lanxess India Private Limited, Sanofi India Ltd, Solaris ChemTech Industries Limited, Sang Froid Chemicals Pvt Ltd, Archean Chemical Industries Private Ltd and others are some of the leading players operating in India bromine market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“India bromine market is anticipated to witness robust growth during the forecast period owing to the increasing use of bromine in agricultural, residential and chemical applications. Additionally, government initiatives, like Digital India, are stimulating the growth in the electronics manufacturing sector, which is projected to further propel the market through 2025” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Bromine Market By Derivative, By Application, By End User Industry, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of India bromine market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India bromine market. 


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