Report Features | Details |
Product Name | Bromine |
Region/Countries Covered |
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Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
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, which is a member of halogen elements or Group 17 (Group VIIa) of the periodic table. It is a deep red noxious liquid. The atomic number of bromine is 35 and its atomic weight is approximately 80 U. The melting point of bromine is −7.2 °C (19 °F) and its boiling point is 59°C (138°F). The specific gravity of bromine is 3.12 at 20 °C (68 °F).
The electronic configuration of bromine is (Ar)3d104s24p5 and its density is 3.1 g cm -3 at 20°C. Bromine is a naturally occurring element and is found in various inorganic substances.
The leading bromine-producing countries are China, Israel, Japan, Ukraine, India, Germany, Ukraine, and Spain.
Oceans have higher bromine concentrations, and salt lakes and brine wells also have higher bromine concentrations. These sources are mined for bromine because they are profitable.
Chlorine gas is used in the halogen exchange process to create Br2. As a result, it is filtered, segregated, and further removed of bromine using a blast of steam or air.
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 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:
Bromine is utilised in a wide range of products, including pesticides, medications, dyes, agricultural compounds, and chemical intermediates. Some usages are being phased out due to environmental concerns, while new ones are continuously being found.
The use of bromine-containing compounds as flame retardants is feasible. They are applied to textiles, plastic electronics casings, and furniture foam to make them less flammable. However, bromine is also used as a flame retardant due to concerns about toxicity.
Organ bromine is used in halon fire extinguishers, which are used to put out fires in buildings like museums, tanks, and aeroplanes. Silver bromide is the chemical extensively utilised in film photography.
Key Market Players:
- ICL Group Ltd
- Albemarle Corporation
- Lanxess AG
- Tosoh Corporation
- Tata Chemicals Ltd
News and Events:
- June 2021: The Fine Chemistry Services company was successfully sold by Albemarle Corporation to WR Grace & Co. for about USD 570 million, including USD 300 million in cash and an overall beginning value of USD 270 million.
- December 2021: ICL claims that the UAE will start getting clear brine fluids directly from Israel. By the end of the year, ICL is anticipated to have provided an initial USD 6 million worth of supplies, and the company plans to increase its clear brine fluid sales to the emirates during 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.
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