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Global Sodium Bromide Market 2019-2023

Global Sodium Bromide Market 2019-2023

About Sodium Bromide

Sodium bromide is a white, crystalline inorganic chemical available in the solid and liquid form. It is hygroscopic in nature and is used in various applications.

Technavio’s analysts forecast the global sodium bromide market to grow at a CAGR of 5.40% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global sodium bromide market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of sodium bromide in different applications

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Sodium Bromide Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendor
    s
  • BASF
  • Berry Global
  • DowDuPont
  • ExxonMobil
  • RPC Group
Market driver
  • Increasing oil and gas exploring in China
  • For a full, detailed list, view our report
Market challenge
  • High price of sodium bromide in China
  • For a full, detailed list, view our report
Market trend
  • Stringent mercury emission control
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Sodium Bromide Market 2019-2023

Technavio recognizes the following companies as the key players in the global sodium bromide market: Albemarle, Lanxee, Schlumberger, TETRA Technologies.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the stringent mercury emission control. Bromine and its compounds will be used extensively to control mercury emissions during the forecast period.

According to the report, one of the major drivers for this market is the growth of the oil and gas industry. Sodium bromide is used as a heavy, clear brine in the oil and gas industry. Is is used as an oil drilling fluid for extracting crude oil.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuating in crude oil prices. Fluctuation in crude oil prices lead to volatility in the manufacturing cost for bromide, which in turn, impacts sodium bromide prices.

Companies Mentioned

Albemarle

Lanxee

Schlumberger

TETRA Technologies

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global inorganic chemicals market
      • Table Segments of global inorganic chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global sodium bromide market – Size and forecast 2018-2023 ($ millions)
      • Table Global sodium bromide market – Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Oil and gas - Market size and forecast 2018-2023
      • Table Oil and gas - Market size and forecast 2018-2023 ($ millions)
      • Table Oil and gas - Year-over-year growth 2019-2023 (%)
    • Pharmaceuticals - Market size and forecast 2018-2023
      • Table Pharmaceuticals - Market size and forecast 2018-2023 ($ millions)
      • Table Pharmaceuticals - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Total natural gas consumption in the US during 2012-2017 (billion cubic feet)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table US field production of crude oil 2010-2017 (1,000 barrels/day)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Stringent mercury emission control
    • Increasing offshore drilling
    • Increasing demand for water treatment chemicals
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Albemarle
      • Table Albemarle - Vendor overview
      • Table Albemarle - Business segments
      • Table Albemarle - Organizational developments
      • Table Albemarle - Geographical focus
      • Table Albemarle - Segment focus
      • Table Albemarle - Key offerings
    • LANXESS
      • Table LANXESS - Vendor overview
      • Table LANXESS- Business segments
      • Table LANXESS - Organizational developments
      • Table LANXESS - Geographical focus
      • Table LANXESS - Segment focus
      • Table LANXESS - Key offerings
    • Schlumberger
      • Table Schlumberger - Vendor overview
      • Table Schlumberger - Business segments
      • Table Schlumberger - Organizational developments
      • Table Schlumberger - Geographical focus
      • Table Schlumberger - Segment focus
      • Table Schlumberger - Key offerings
    • Tata Chemicals
      • Table Tata Chemicals - Vendor overview
      • Table Tata Chemicals - Business segments
      • Table Tata Chemicals - Organizational developments
      • Table Tata Chemicals - Geographical focus
      • Table Tata Chemicals - Segment focus
      • Table Tata Chemicals - Key offerings
    • TETRA Technologies
      • Table TETRA Technologies - Vendor overview
      • Table TETRA Technologies - Business segments
      • Table TETRA Technologies - Organizational developments
      • Table TETRA Technologies - Geographical focus
      • Table TETRA Technologies - Segment focus
      • Table TETRA Technologies - Key offerings
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific - Vendor overview
      • Table Thermo Fisher Scientific - Business segments
      • Table Thermo Fisher Scientific - Organizational developments
      • Table Thermo Fisher Scientific - Geographical focus
      • Table Thermo Fisher Scientific - Segment focus
      • Table Thermo Fisher Scientific - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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