Bromine (Br) is a dark-reddish, non-metallic, fuming, toxic liquid with atomic number 35, a member of the halogen group obtained from natural brines and ocean water, liquid at room temperature dissolves in water and has a bleach-like suffocating odor. According to BlueQuark Research & Consulting, the global Bromine market is expected to witness a significant growth rate during the forecasted period. Factors such as the chemicals in Flame Retardants such as polybrominated biphenyl, polybrominated diphenyl ether, hexabromocyclododecane, and tetrabromobisphenyl are made using Bromine, which is expected to drive the global Bromine market in the forecasted period. Further, in Agriculture Chemicals, Bromine compounds are effective pesticides used in soil fumigants in agriculture, fruit-growing, and prevent pests from attacking stored grains are projected to drive the global Bromine market in the forecasted period. Furthermore, the bromine-based biocide is used to maintain microbiological control in cooling systems where conditions are ideal for bacteria growth and are expected to drive the Bromine market growth. However, Bromine is corrosive to human tissue, and its vapor is toxic when inhaled, causing eyes and throat irritation that is expected to hinder the global Bromine market growth.

Bromine is used in manufacturing flame retardants and agricultural chemicals such as pesticides, insecticides, and soil fumigants and is used in biocides for industrial water treatments and cooling systems. Bromine plays a vital role in all photochemical methods applied in photography, and it is also used for wool treatment and dyeing processes in the textile industry. Bromine is used as a preservative and oxidant in the food industry. 

The Flame Retardant Industry is the most vital consumer of Bromine and is projected to drive the Global Market. Brominated flame retardants (BFR) are used in printed circuit boards, including connectors, electric cables, and plastic covers. Brominated flame retardants are a mixture of artificial chemicals used in various products, including industrial use, making them less flammable, making the Global Bromine Market bound to rise. Despite the rising regulations and ban on some bromine-based flame retardants, this fragment is still dominating the market due to the effective characteristics of Bromine in controlling fire. Polybrominated diphenyl ether, decabromodiphenyl ether, hexabromocyclododecane, polybrominated biphenyl, and tetrabromobisphenol A are a few flame-retardant chemicals that are made using Bromine. BFRs are commonly worn to prevent fires in electronics and electrical equipment, accounting for more than 50% of BFR applications. For incase, these flame retardants are extensively used in the outer housings of TV sets and computer monitors, as the internal circuitry of like devices can heat up and, over time, collect dust. According to Albemarle Corporation, in Q3 2021, the net sales of Bromine were USD 278 million, which increased by 17% from the previous year. Flame retardants consume about 60% of Bromine. Brominated fire retardants are used in innovative materials in trains, ships, and road vehicles that can be used safely and meet strict international fire safety standards, demanding the industry shoot, thus driving the Global Bromine Industry. Therefore the use of Bromine in the flame retardant industry is expected to grow and drive the overall market in the future.

The Asia-Pacific region is expected to be the leader in the production and consumption of Bromine, with most of the consumption in countries like China and India. Due to rapid industrialization, Bromine-based fire retardants have been added to consumer products to reduce fire-related injury and property damage, driving the demand for Bromine in the Global market. Due to the increasing population, which leads to a growing need for food, Bromine-based agricultural chemicals are used to exterminate soil pests. Due to its proven efficiency and helps to improve crop quality, the demand for Bromine is increasing in the Global Market. Due to the rapid increase in urbanization, biocides are used to prolong the shelf life and safeguard the quality of different products such as cosmetics, glues and sealers, cleaning materials, etc., which is expected to drive the demand for Bromine in the market. Silver bromide is photosensitive and used in photography as a component of emulsion, which helps create the image. In the textile industry, sodium bromate is used for wool treatment, dyeing processes, and bleaching & fading jeans. Potassium bromate is used as an oxidant and preservative in beer, baking flour, and cheese production in the food industry. It is expected to drive the demand for Bromine in the Global Market. Organobromines are widely used in manufacturing brominated flame retardants, pesticides, fumigants, and biocides for water treatment. Most organobromine compounds, similarly to most organohalide compounds, are relatively nonpolar. Bromine is more electronegative than carbon. Consequently, the carbon in a carbon-bromine bond is electrophilic, i.e., alkyl bromides are alkylating agents. Organobromine compounds, also called organobromine, are organic compounds that contain carbon bonded to Bromine. The most pervasive is the naturally manufactured bromomethane. One prominent application of synthetic organobromine compounds is used in polybrominated diphenyl ethers as fire-retardants. Fire-retardant manufacture is currently the critical industrial use of the element bromine. The mentioned factors have made the Asia Pacific an essential region for growth in the Bromine Market.

Some of the market's key players are ICL Group Ltd, Gulf Resources Inc., Albemarle Corporation, Jordan Bromine Company Limited, and Tosoh Corporation.

In November 2020, BSEF, the international bromine council, developed an innovative brominated polymeric flame retardant alternative to hexabromocyclododecane, which meets the environmental requirement of flame retardant efficiency, superior, and more sustainability.

In March 2020, LANXESS surged its production capacity at its producing site in Sudbury, UK, to enhance the production of its Vikron sanitizer. The company added the 2nd shift at the producing facility due to the rising need for the outcome from China and other countries affected seriously by the Covid-19 pandemic.

Global Bromine Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Bromine market by segmenting based on the By Isotope (Bromine-79, Bromine-81), By Application (Flame Retardent, Agricultural Chemicals, Biocides, Photography, Textile, Food, Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.