Global Bromine Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Derivative;

Organobromine, Clear Brine Fluids, and Hydrogen Bromide (HBR)

By Application;

Flame Retardants, Water Treatment, Mercury Emission Control, Oil & Gas Drilling, HBR Flow Batteries, Pta Synthesis, Pesticides, Plasma Etching, Pharmaceuticals, and Others

By End Users;

Chemicals, Oil & Gas, Pharmaceuticals, Agriculture, Textiles, Electronics, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn816309727 Published Date: May, 2025 Updated Date: June, 2025

Bromine Market Overview

Bromine Market (USD Million)

Bromine Market was valued at USD 4,631.83 million in the year 2024. The size of this market is expected to increase to USD 6,918.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.


Global Bromine Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.9 %
Market Size (2024)USD 4,631.83 Million
Market Size (2031)USD 6,918.70 Million
Market ConcentrationMedium
Report Pages387
4,631.83
2024
6,918.70
2031

Major Players

  • Israel Chemicals Ltd.
  • Albemarle Corporation
  • LANXESS Corporation
  • Tosoh Corporation
  • TETRA Technologies, Inc.
  • Gulf Resources Inc.
  • Tata Chemicals Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Bromine Market

Fragmented - Highly competitive market without dominant players


The bromine market continues to expand due to its essential role in diverse industrial applications, including flame retardants, drilling fluids, and water treatment solutions. Its chemical stability and performance make it indispensable, particularly in enhancing fire resistance. Flame retardants alone represent nearly 40% of total bromine demand, reinforcing the element’s critical position in safety-focused industries.

Rising Application in Water Treatment Processes
The growing focus on clean water initiatives has amplified the use of bromine-based disinfectants. Its superior antimicrobial properties make it highly effective in controlling biofouling and treating water in industrial and municipal systems. This segment now contributes more than 25% to the bromine market, highlighting its environmental and regulatory importance.

Essential Role in Oil and Gas Operations
The oil and gas industry is a major consumer of bromine, especially for formulating clear brine fluids used in well drilling operations. The increased exploration of deeper wells has accelerated demand for high-density, stable fluid solutions. Today, around 20% of bromine usage is tied to this sector, underlining its significance in energy infrastructure development.

Innovation Driving Market Expansion
Advancements in bromine recovery technologies and environmentally conscious manufacturing processes are fueling further market growth. From closed-loop systems to more sustainable extraction methods, innovation is enhancing both efficiency and sustainability. Nearly 30% of recent chemical research projects involve bromine, signaling strong momentum for future development.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Derivative
    2. Market Snapshot, By Application
    3. Market Snapshot, By End Users
    4. Market Snapshot, By Region
  4. Bromine Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Flame Retardants
        2. Growth in Water Treatment Applications
        3. Expanding Pharmaceutical Industry
        4. Rising Agricultural Demand for Pesticides
      2. Restraints
        1. Environmental Regulations and Concerns
        2. Volatility in Raw Material Prices
        3. Health and Safety Regulations
        4. Competition from Alternative Chemicals
      3. Opportunities
        1. Technological Advancements in Bromine Extraction
        2. Emerging Applications in Energy Storage
        3. Market Expansion in Developing Economies
        4. Sustainable Production Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bromine Market, By Derivative, 2021 - 2031 (USD Million)
      1. Organobromine
      2. Clear Brine Fluids
      3. Hydrogen Bromide (HBR)
    2. Bromine Market, By Application, 2021 - 2031 (USD Million)
      1. Flame Retardants
      2. Water Treatment
      3. Mercury Emission Control
      4. Oil & Gas Drilling
      5. HBR Flow Batteries
      6. Pta Synthesis
      7. Pesticide Plasma Etching
      8. Pharmaceuticals
      9. Others
    3. Bromine Market, By End Users, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Oil & Gas
      3. Pharmaceuticals
      4. Agriculture
      5. Textiles
      6. Electronics
      7. Others
    4. Bromine Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Israel Chemicals Ltd.
      2. Albemarle Corporation
      3. LANXESS Corporation
      4. Tosoh Corporation
      5. TETRA Technologies, Inc.
      6. Gulf Resources Inc.
      7. Tata Chemicals Limited
  7. Analyst Views
  8. Future Outlook of the Market