Global Calcium Bromide Market demand is anticipated to be valued at US$ 5.3 Billion in 2022, forecast to grow at a CAGR of 5.2% to be valued at US$ 8.8 Billion from 2022 to 2032.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | US$ 5 Billion |
Expected Market Value (2022) | US$ 5.3 Billion |
Anticipated Forecast Value (2032) | US$ 8.8 Billion |
Projected Growth Rate (2022 to 2032) | 5.2% CAGR |
Calcium bromide is a white powder with no odour that is made from the calcium salt of hydrotropic acid, a volatile acid used to make other industrial compounds. Clear brine fluid is calcium bromide (molecular formula: CaBr2), which has a density of 14.2 lbs/gal. In oil and gas completion and drilling operations, calcium bromide is combined with calcium chloride to render drill cuttings brine-free.
Calcium bromide is also used as an oxidizer in the power industry to reduce mercury emissions. In addition, calcium bromide is used in neurosis medication, hydraulic fluids in automotive suspension, brominate flame retardants, photography for making dry plates and light-sensitive papers, and mercury emission controls.
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The application of calcium bromide in the oil and gas industry has a significant impact on market demand. Crude oil price stability has resulted in an influx of investments in the oil and gas industry, driving drilling and production activities as well as work-over operations. Clear brine fluids, such as calcium bromide, are used to protect oil and gas reservoirs and control formation pressure. This has resulted in significant demand for the calcium bromide market.
Furthermore, calcium bromide is used to reduce mercury emissions from coal-fired power plants. At combustion temperatures, it is difficult to capture the elemental mercury that is released when coal is burned. As a result, bromine-based compounds like calcium bromide are used to oxidize elemental mercury into the flue gas, which can be captured by current abetment equipment.
Calcium bromide consumption is expected to decrease as a result of the development of stringent government regulations encouraging the use of halogenated flame retardants in various countries. This could be a major impediment to the calcium bromide market's growth rate during the forecast period.
Calcium bromide is gaining popularity in the oil and gas drilling industry as a superior alternative to traditional drilling fluids. Increasing deep sea reserve exploration and production, increasing instances of horizontal drilling due to reservoir complexities, and consistent efforts from various developing nations to achieve energy security are some of the factors contributing to the growth of the oil and gas industry, which in turn is driving calcium bromide demand. Booming shale gas production in the United States is expected to significantly increase oil and gas drilling activity in the coming years.
According to Future Market Insights, Due to lenient regulations, Asian markets such as India and China continue to see high usage of brominates flame retardants, which is expected to drive calcium bromide demand in these countries. Production of coal bed methane gas is expected to increase significantly in China, India, and Australia in the coming years. As a result, calcium bromide market vendors are expected to generate significant revenue by targeting oil and gas producers involved in the development of these unconventional reservoirs.
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Some of the major participants operating in the global calcium bromide market include the following players: Tetra Technologies Inc, Albemarle Corporation, Lanxess AG, ICL- Industrial, Jordan Bromine Company, IRO GROUP INC., Weifang Taihexing Chemical Industry, Neogen Chemicals Limited, and Shouguang HongHai Chemical Co. Ltd., Weifang Rixing Chemical Co., Ltd. and Shandong Dongxin New Materials Technology Co., Ltd.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 5.2% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
FMI projects the global Calcium Bromide market to expand at a 5.2% value CAGR by 2032
Asia is expected to be the most opportunistic Calcium Bromide market.
Tetra Technologies Inc, Albemarle Corporation and Lanxess AG are some prominent Calcium Bromide manufacturers
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Calcium Bromide Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Product Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Product Type, 2022-2032
5.3.1. Hexahydrate
5.3.2. Anhydrous
5.3.3. Dihydrate
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032
6.3.1. Clear Brine Fluid
6.3.2. Oxidizer
6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
6.5. Absolute $ Opportunity Analysis By Application, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By End Use, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By End Use, 2022-2032
7.3.1. Oil & Gas
7.3.2. Automotive
7.3.3. Power Generation
7.3.4. Food & Beverage
7.3.5. Others
7.4. Y-o-Y Growth Trend Analysis By End Use, 2017-2021
7.5. Absolute $ Opportunity Analysis By End Use, 2022-2032
Deep-dive segmentation will be available in the sample on request
8. Global Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Grade
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Grade, 2017-2021
8.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Grade, 2022-2032
8.3.1. Industrial Grade
8.3.2. Food Grade
8.4. Y-o-Y Growth Trend Analysis By Grade, 2017-2021
8.5. Absolute $ Opportunity Analysis By Grade, 2022-2032
Deep-dive segmentation will be available in the sample on request
9. Global Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021
9.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. East Asia
9.3.5. South Asia & Pacific
9.3.6. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. U.S.
10.2.1.2. Canada
10.2.2. By Product Type
10.2.3. By Application
10.2.4. By End Use
10.2.5. By Grade
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.3.4. By End Use
10.3.5. By Grade
10.4. Key Takeaways
11. Latin America Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Mexico
11.2.1.2. Brazil
11.2.1.3. Rest of Latin America
11.2.2. By Product Type
11.2.3. By Application
11.2.4. By End Use
11.2.5. By Grade
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.3.4. By End Use
11.3.5. By Grade
11.4. Key Takeaways
12. Europe Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. Italy
12.2.1.3. France
12.2.1.4. U.K.
12.2.1.5. Spain
12.2.1.6. BENELUX
12.2.1.7. Russia
12.2.1.8. Rest of Europe
12.2.2. By Product Type
12.2.3. By Application
12.2.4. By End Use
12.2.5. By Grade
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Application
12.3.4. By End Use
12.3.5. By Grade
12.4. Key Takeaways
13. East Asia Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Product Type
13.2.3. By Application
13.2.4. By End Use
13.2.5. By Grade
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Application
13.3.4. By End Use
13.3.5. By Grade
13.4. Key Takeaways
14. South Asia & Pacific Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
14.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
14.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
14.2.1. By Country
14.2.1.1. India
14.2.1.2. ASEAN
14.2.1.3. Australia and New Zealand
14.2.1.4. Rest of South Asia & Pacific
14.2.2. By Product Type
14.2.3. By Application
14.2.4. By End Use
14.2.5. By Grade
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Application
14.3.4. By End Use
14.3.5. By Grade
14.4. Key Takeaways
15. MEA Calcium Bromide Market Analysis 2017-2021 and Forecast 2022-2032, By Country
15.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021
15.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. South Africa
15.2.1.4. Rest of MEA
15.2.2. By Product Type
15.2.3. By Application
15.2.4. By End Use
15.2.5. By Grade
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product Type
15.3.3. By Application
15.3.4. By End Use
15.3.5. By Grade
15.4. Key Takeaways
16. Key Countries Calcium Bromide Market Analysis
16.1. U.S.
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2021
16.1.2.1. By Product Type
16.1.2.2. By Application
16.1.2.3. By End Use
16.1.2.4. By Grade
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2021
16.2.2.1. By Product Type
16.2.2.2. By Application
16.2.2.3. By End Use
16.2.2.4. By Grade
16.3. Mexico
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2021
16.3.2.1. By Product Type
16.3.2.2. By Application
16.3.2.3. By End Use
16.3.2.4. By Grade
16.4. Brazil
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2021
16.4.2.1. By Product Type
16.4.2.2. By Application
16.4.2.3. By End Use
16.4.2.4. By Grade
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2021
16.5.2.1. By Product Type
16.5.2.2. By Application
16.5.2.3. By End Use
16.5.2.4. By Grade
16.6. Italy
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2021
16.6.2.1. By Product Type
16.6.2.2. By Application
16.6.2.3. By End Use
16.6.2.4. By Grade
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2021
16.7.2.1. By Product Type
16.7.2.2. By Application
16.7.2.3. By End Use
16.7.2.4. By Grade
16.8. U.K.
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2021
16.8.2.1. By Product Type
16.8.2.2. By Application
16.8.2.3. By End Use
16.8.2.4. By Grade
16.9. Spain
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2021
16.9.2.1. By Product Type
16.9.2.2. By Application
16.9.2.3. By End Use
16.9.2.4. By Grade
16.10. BENELUX
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2021
16.10.2.1. By Product Type
16.10.2.2. By Application
16.10.2.3. By End Use
16.10.2.4. By Grade
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2021
16.11.2.1. By Product Type
16.11.2.2. By Application
16.11.2.3. By End Use
16.11.2.4. By Grade
16.12. China
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2021
16.12.2.1. By Product Type
16.12.2.2. By Application
16.12.2.3. By End Use
16.12.2.4. By Grade
16.13. Japan
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2021
16.13.2.1. By Product Type
16.13.2.2. By Application
16.13.2.3. By End Use
16.13.2.4. By Grade
16.14. South Korea
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2021
16.14.2.1. By Product Type
16.14.2.2. By Application
16.14.2.3. By End Use
16.14.2.4. By Grade
16.15. India
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2021
16.15.2.1. By Product Type
16.15.2.2. By Application
16.15.2.3. By End Use
16.15.2.4. By Grade
16.16. ASEAN
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2021
16.16.2.1. By Product Type
16.16.2.2. By Application
16.16.2.3. By End Use
16.16.2.4. By Grade
16.17. Australia and New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2021
16.17.2.1. By Product Type
16.17.2.2. By Application
16.17.2.3. By End Use
16.17.2.4. By Grade
16.18. GCC Countries
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2021
16.18.2.1. By Product Type
16.18.2.2. By Application
16.18.2.3. By End Use
16.18.2.4. By Grade
16.19. Turkey
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2021
16.19.2.1. By Product Type
16.19.2.2. By Application
16.19.2.3. By End Use
16.19.2.4. By Grade
16.20. South Africa
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2021
16.20.2.1. By Product Type
16.20.2.2. By Application
16.20.2.3. By End Use
16.20.2.4. By Grade
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Product Type
17.3.3. By Application
17.3.4. By End Use
17.3.5. By Grade
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Albemarle Corporation
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Lanxess AG
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. ICL- Industrial
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. Jordan Bromine Company
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. IRO GROUP INC.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Weifang Taihexing Chemical Industry
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Neogen Chemicals Limited
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Shouguang HongHai Chemical Co. Ltd.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Weifang Rixing Chemical Co., Ltd.
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Shandong Dongxin New Materials Technology Co., Ltd.
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
18.1.11. Lomon Group
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
18.1.11.5.2. Product Strategy
18.1.11.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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