Get the latest insights on price movement and trend analysis of Bromine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In the first quarter of 2025, the U.S. bromine market experienced a mixed performance, primarily influenced by seasonal slowdowns, logistical challenges, and economic uncertainty. Starting in January, bromine prices saw a slight decline due to cheaper imports from China, creating a competitive environment. The market experienced moderate demand, affected by the year-end holiday season and harsh winter conditions, which disrupted several sectors, including construction.

In 2022, the market for the chemical element bromine was valued at approximately 3.26 billion U.S. dollars worldwide. By 2030, the global market value of this halogen is expected to slightly increase to around 4.31 billion U.S. dollars.

Bromine prices fell 10–14% YoY in Q4 2024; stable pricing is expected in H2 2025 due to sufficient inventories and steady industrial demand.

According to Cognitive Market Research, the global Bromine market size will be USD 3.4 billion in 2024 and will expand at a compound yearly growth rate (CAGR) of 4.1% from the year 2024 to 2031. Market Dynamics of Bromine Market

Key Drivers for Bromine Market

Increasing Demand in Flame Retardants - One key driving factor for the bromine market is the rising demand for bromine-based flame retardants in various industries like construction, electronics, and automotive. Bromine compounds are effective in slowing down or inhibiting the spread of flames, making them essential additives in materials like plastics, textiles, and foams. As safety regulations become more stringent globally and awareness of fire safety grows, the demand for bromine-based flame retardants is expected to continue increasing, thus driving the growth of the bromine market.
The increasing use of oil and gas drilling fluids is anticipated to drive the Bromine market's expansion in the years ahead.

Key Restraints for Bromine Market

The stringent regulations on bromine emissions due to environmental concerns restrict its usage in certain applications and limit the Bromine industry growth.
The market also faces significant difficulties related to the availability of alternatives.

Introduction of the Bromine Market

The bromine market plays a vital role in various industries, offering the wider range of applications across sectors such as pharmaceuticals, flame retardants, oil and gas drilling, and water treatment. Bromine, a versatile chemical element, exhibits unique properties that make it indispensable in numerous processes. Its flame-retardant properties make it essential for fire safety applications in textiles, electronics, and construction materials. Moreover, bromine compounds are crucial in pharmaceuticals for manufacturing drugs and medicines. However, the bromine market faces challenges such as stringent environmental regulations due to its toxicity and potential environmental impact. Additionally, the availability of alternatives in certain applications and fluctuating raw material prices can constrain market growth. The ongoing research and development efforts aim to overcome these limitations, driving innovation in bromine-based products and expanding its market potential globally.

In 2022, the market volume of bromine worldwide amounted to 963,850 metric tons. It is forecast that the market volume of this halogen will grow to around 1.2 million metric tons worldwide in the year 2030.

The global bromine market size was valued at USD 3.63 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 5.40 Billion by 2033, exhibiting a CAGR of 4.04% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 37% in 2024. This dominance is driven by strong industrial growth and increasing demand for flame retardants, water treatment solutions, and agricultural chemicals in the region.

The global bromine market reached a value of USD 4.17 Billion in 2024. The market is further expected to grow at a CAGR of 5.00% between 2025 and 2034 to reach a value of USD 6.79 Billion by 2034.

This report provides an in-depth analysis of the bromine market in Japan.

This report provides an in-depth analysis of the bromine market in China.

The bromine derivative market is expected to grow from USD 7.66 billion in 2025 to USD 12.60 billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The increasing use of bromine derivatives in various industries, including chemicals, agriculture, pharmaceuticals, and electronics, is driving the growth of this market.

Metric	Value
Industry Size (2025E)	USD 7.66 billion
Industry Value (2035F)	USD 12.60 billion
CAGR (2025 to 2035)	5.1%

Country-wise insights

Countries	CAGR from 2024 to 2034
United States	3.20%
China	6.70%
Germany	2.10%
Japan	5.80%
United Kingdom	2.60%

The global bromine market is valued at USD 2.8 billion in 2025 and is projected to reach USD 5.2 billion by 2035, growing at a steady 6.3% CAGR over the forecast period.

Metric	Value
Industry Size (2025E)	USD 2.8 billion
Industry Value (2035F)	USD 5.2 billion
CAGR (2025 to 2035)	6.3%

Analyzing Bromine Market by Top Investment Segments

Derivative Type	CAGR (2025 to 2035)
Organobromine	6.5%

End Use Industry	CAGR (2025 to 2035)
Oil & Gas	6.7%

Country-Wise Analysis

Country	CAGR (2025 to 2035)
USA	6.4%

Country	CAGR (2025 to 2035)
UK	6.0%

Region	CAGR (2025 to 2035)
European Union	6.3%

Country	CAGR (2025 to 2035)
Japan	6.1%

Country	CAGR (2025 to 2035)
South Korea	6.2%

The global high-purity bromine market is experiencing robust growth, driven by increasing demand across diverse sectors. Let's assume, for illustrative purposes, a 2025 market size of $800 million and a CAGR of 6% for the forecast period (2025-2033). This signifies a substantial expansion, projected to reach approximately $1.3 billion by 2033. Key drivers include the escalating utilization of bromine in flame retardants, water treatment chemicals, and pharmaceuticals, particularly in high-purity applications demanding stringent quality standards. The rising prevalence of chronic diseases and the resultant surge in pharmaceutical production significantly fuel this demand. Technological advancements enabling more efficient and sustainable bromine extraction and purification further contribute to market growth. Growth is also influenced by government regulations regarding environmental protection, pushing for safer and more effective chemical solutions. Segment-wise, the ≥99.9% purity bromine segment dominates, owing to its critical role in high-value applications such as pharmaceuticals and specialized chemicals. Geographically, North America and Europe currently hold significant market share, fueled by established chemical industries and robust regulatory frameworks. However, the Asia-Pacific region, particularly China and India, is poised for rapid expansion due to increasing industrialization and infrastructure development. While challenges such as fluctuating raw material prices and environmental concerns related to bromine production exist, the overall market outlook remains positive, driven by the indispensable role of high-purity bromine in various critical applications. The competitive landscape is characterized by a mix of established multinational corporations and regional players, highlighting the potential for both consolidation and innovation within the sector.

The report covers Global Bromine Market Growth and is segmented by Derivative (Organo Bromines, Bromide Salts, and Hydrogen Bromide), Application (Biocides, Flame Retardants, Bromine-based Batteries, Clear Brine Fluids, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report offers market size and forecasts in terms of volume (kilotons).

Global Bromine market size is expected to reach $8.22 billion by 2029 at 9.8%, bromine market surge powering oil and gas exploration

The Europe Bromine Derivatives Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 27.98 Kilo Tonnes, showcasing a growth of 3.5% (2019-2022). They contribute to the formulation of pesticides and herbicides i

Forecast: Iodine, Fluorine and Bromine Market Size Value in Germany 2023 - 2027 Discover more data with ReportLinker!

China Price Index: Jun2021=100: Bromine data was reported at 50.520 Jun2021=100 in Mar 2025. This records an increase from the previous number of 48.200 Jun2021=100 for Feb 2025. China Price Index: Jun2021=100: Bromine data is updated monthly, averaging 61.460 Jun2021=100 from Jan 2014 (Median) to Mar 2025, with 135 observations. The data reached an all-time high of 151.670 Jun2021=100 in Nov 2021 and a record low of 37.140 Jun2021=100 in Oct 2014. China Price Index: Jun2021=100: Bromine data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s Price – Table CN.PC: China Petroleum & Chemical Industry Association: Petrochemical Price: Inorganic Chemical Material. CEIC calculates the Index from the absolute value(ID:366198457) which set the base point at the time of Jun-2021=100

The global Bromine Market size was estimated at USD 1.94 billion in 2024, expanding at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2034.

This report provides an in-depth analysis of the bromine market in Australia and Oceania.