The European bromine market is estimated to reach to $246.9 million by 2018.


Posted November 25, 2015 by virginiacox2014

The European region covers 4% of the global bromine market in terms of value. Germany is a key market for bromine & its derivatives in the European region.

 
Bromine is a volatile and heavy liquid element at room temperature. It is brownish-red and dissolves in water.

Bromine is extracted from seawater, salt lakes, and brine wells. There are three major derivatives of bromine namely, organobromines, clear brine fluid, and hydrogen bromide or hydro bromic acid.

Globally, the market share of organobromines is the highest and the flame retardants are the largest applications of bromine. Bromine is usually obtained from sea water, through the treatment of seawater with chlorine and flushing through with air.

In this treatment, bromide is oxidized to bromine by the chlorine gas. The Dead Sea brine is the richest source of bromine in the world.

Browse through the TOC of the Europe Bromine Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European bromine market, and is supported by various tables and figures.

www.micromarketmonitor.com/market/europe-bromine-4696118874.html

The Bromine market in the European region is concentrated in countries such as, the U.K., France, Germany, and Spain. The consumption of organobromines is the largest in the European market and is expected to grow further in the next five years due to huge investments in infrastructure developments and new upcoming housing projects in Europe.

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The bromine manufacturing industry in the region is moving toward strategic collaboration as the major bromine players are expanding their production with long-term agreements and partnerships. However, the adverse factors such as high fluctuation in raw material prices, rising manufacturing costs, and tight competition from Asia-Pacific producers can affect the competitiveness of the European producers.

Besides, the currency fluctuations between the euro and dollar can lead to currency translation distortions, with regards to international sales turnover for the European manufacturers.

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Issued By Virginia Cox
Country India
Categories Business , Reports , Research
Last Updated November 25, 2015