South America Bromine Market Summary, Competitive Analysis and Forecast to 2027
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Bromine in South America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– Bromine is a chemical element from the same group as chlorine. At normal temperatures, it appears as a fuming reddish-brown liquid that is a mineral salt. Because of its high solubility, it has accumulated in the oceans of the world and is crucial to algal life. Bromine is used in fire extinguishers, brominated flame retardants, water purifiers, flow batteries, well-drilling fluids, insecticides, drugs, and light-sensitive photographic plates.
– The South American bromine market had total revenues of $110.8 million in 2022, representing a compound annual growth rate (CAGR) of 1.9% between 2017 and 2022.
– The flame retardants segment accounted for market's the largest proportion in 2022, with total revenues of $52.3 million, equivalent to 47.2% of the market's overall value.
– According to the World Bank, in Brazil, real GDP grew by 2.9% and household consumption grew by 4.3% in 2022 over 2021.
Scope
– Save time carrying out entry-level research by identifying the size, growth, and leading players in the bromine market in South America
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bromine market in South America
– Leading company profiles reveal details of key bromine market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the South America bromine market with five year forecasts by both value and volume
Reasons to Buy
– What was the size of the South America bromine market by value in 2022?
– What will be the size of the South America bromine market in 2027?
– What factors are affecting the strength of competition in the South America bromine market?
– How has the market performed over the last five years?
– Who are the top competitors in South America's bromine market?
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