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| Report Features | Details |
| Product Name | Bromine |
| Region/Countries Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Time Bromine Prices: https://www.procurementresource.com/resource-center/bromine-price-trends/pricerequest
Bromine is a chemical element that is red-brown coloured liquid in appearance and has a strong pungent odour at room temperature. It is the third-lightest element in the periodic table and comes under the chemical series of halogens. It is easily evaporated and forms similar coloured vapours.
The molecular weight of bromine is 79.904 g/mol and its atomic number is 35. It is denoted with the symbol Br. It has an electronic configuration [Ar] 4s²3d¹⁰4p⁵ and its melting point is about -7.2 °C
Bromine is more prevalent in the oceans, and bromine concentrations in salt lakes and brine wells are likewise higher. Due to the economic viability of these sources, bromine is mined from them.
The halogen exchange procedure involves using chlorine gas to produce Br2. Hence, it is purified and separated using a burst of steam or air, and bromine is further extracted.
The leading bromine-producing countries are China, Israel, Japan, Ukraine, India, Germany, Ukraine, and Spain.
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, lithium carbonate price and carbon black price etc. 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 trend, 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:
In many different applications, including pesticides, medicines, dyes, agricultural chemicals, and chemical intermediates, bromine is used. For environmental concerns, some usage are being phased out, but new ones are constantly being discovered.
Compounds containing bromine can be utilised as flame retardants. To make them less combustible, they are applied to textiles, plastic electronics cases, and foam used in furniture. However, because of worries about toxicity, bromine is also employed as a flame retardant.
Halon fire extinguishers, which are used to put out fires in places like museums, airplanes, and tanks, use organ bromine. A substance used in film photography is Silver bromide is the most crucial component which is used in film photography.
Before leaded fuels were phased out, bromine was used to make the anti-knock substance 1,2-di-bromoethane.
Key Market Players:
• ICL Group Ltd
• Albemarle Corporation
• Lanxess AG
• Tosoh Corporation
• Tata Chemicals Ltd
News and Events:
- June 2021: Albemarle Corporation announced the successful sale of the Fine Chemistry Services business to WR Grace & Co. for approximately USD 570 Million, which included USD 300 Million in cash and an aggregate starting value of USD 270 Million.
- December 2021: According to ICL, the UAE will begin receiving clear brine fluids straight from Israel. ICL is expected to provide an initial USD 6 million worth of materials by the end of the year, and the business intends to enhance its clear brine fluid sales to the emirates throughout 2022.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
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.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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