Sodium Bromide Market: By End-Use Industry (Pharmaceutical, Oil & Gas, Water Treatment and others) & By Geography - Forecast(2018 - 2023)

Report Code : CMR 0566 Format Type: PDF+ Excel Database

Sodium bromide is the most common found form of alkali bromide. Sodium bromide occurs in both the dihydrate and anhydrous forms. Sodium bromide is generally prepared by adding excess bromine to sodium hydroxide solutions, which assists in formation of bromide and bromine mixture. Post mixture, the products are evaporated to dry state and again treated with carbon to obtain bromide. Sodium bromide is chemically and thermally stable. Sodium bromide can be blended with other solutions of chlorides and bromides and is also useful for formations with calcium sensitivity. Globally increasing demand from the end-use industries is expected to be the key growth driver for sodium bromide during the period of study.

 Sodium Bromide Market

Geographically Asia Pacific emerged as the largest producer and consumer of sodium bromide in terms of volume. China and India are the largest contributor in the demand of sodium bromide from various applications. Asia-Pacific was followed by North America and Europe as second and third largest market for sodium bromide market. Asia Pacific is projected to have fastest growth, owing to rapidly developing infrastructure as a result of growing industry base as a shifting of global manufacturing base in the region and, government initiatives in developing nations such as China, and India in this region.

This report identifies the global sodium bromide market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global sodium bromide market.

This report segments global sodium bromide market on the basis of end-use industry and regional market as follows:
  • Sodium Bromide Market research report is classified on the basis of application. Some of the major applications of sodium bromide covered in this report are as follows: Pharmaceutical, Oil & Gas, Water Treatment and others
  • This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

This report identifies all the major companies operating in the sodium bromide market. Some of the major companies’ profiles in detail are as follows:
  • Fisher Scientific
  • Chemtura Corporation
  • TETRA Technologies, Inc.
  • M-I SWACO
  • Tata Chemicals Ltd.

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