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Bromine is a chemical element with the symbol Br and atomic number 35. It belongs to the third row of the periodic table and is a halogen.
At room temperature, bromine is a reddish-brown liquid with a strong, irritating odour. It is a highly reactive element with a high oxidising capacity.
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It is primarily used to make flame retardants, which are used to reduce the flammability of a variety of materials.
It is also used in the production of agricultural chemicals, such as pesticides and herbicides. Bromine compounds are often used as intermediates in the synthesis of pharmaceuticals and other organic compounds.
The major countries in the market of bromine are Germany, Japan, China, India and Israel.
Key Details About the Bromine Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bromine price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Bromine Price chart, including India’s Bromine price, and USA’s Bromine price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Bromine Price Trend:
Bromine has a variety of industrial uses, primarily in the production of flame retardants. Flame retardants are chemicals that are added to a variety of materials to make them less flammable, and bromine compounds are frequently used for this purpose.
Brominated flame retardants, for example, are utilised in the manufacture of textiles, polymers, and electronic equipment.
It is also used in the production of agricultural chemicals, such as pesticides and herbicides. Bromine molecules are utilised as intermediates in the synthesis of several chemical products, such as medicines, dyes, and fragrances.
It is used in the production of photographic film, where it is used to bleach silver halides to produce images.
Key Players:
- ICL Group Ltd
- Albemarle Corporation
- Lanxess AG
- Tosoh Corporation
- Tata Chemicals Ltd
Recent News:
- August 2022: Albemarle Corporation announced the reorganisation of its bromine and lithium global business units (GBU) into a new organisational structure. The realignment aims to meet increasing customer demand while also performing in a competitive global environment.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
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