Sodium Bromide Market Insights 2026, Analysis and Forecast to 2031

By: HDIN Research Published: 2026-01-30 Pages: 134
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Sodium Bromide Market Summary

Introduction
The sodium bromide market revolves around the production, processing, and distribution of this essential bromine compound, which plays a pivotal role in various industrial and environmental applications. Derived primarily from bromide-rich brines such as those found in seawater or underground formations containing magnesium bromide ores, sodium bromide is extracted through processes involving leaching, crystallization, and evaporation from bromide salt minerals. Industrial preparation methods include the neutralization process, where sodium bicarbonate solution reacts with hydrobromic acid to form sodium bromide solution, followed by concentration, cooling, filtration, heating, and drying to yield the final product. Alternatively, the urea reduction method involves reacting bromine with a solution of soda ash and urea, then neutralizing, purifying, removing impurities, heating, and drying. This compound supports critical sectors including water treatment for disinfection and purification, oil and gas fields for clear brine drilling fluids that enhance well stability and productivity, mercury control additives in emission reduction systems for power plants, photographic processes for emulsion sensitization, pharmaceutical formulations as sedatives and intermediates, and other areas such as agriculture for pest control, electronics for etching, and environmental protection for wastewater management. The market is driven by global demand for efficient chemical solutions in energy exploration, environmental compliance, and healthcare, with production capacities dispersed across key regions, particularly in China where Shandong serves as the largest base, alongside Jiangsu and Henan. The industry benefits from synergies with broader bromine extraction, where sodium bromide often emerges as an intermediate or direct product, enabling cost-effective scaling in integrated operations. As industrialization accelerates in emerging economies and regulatory pressures mount for sustainable practices, the sodium bromide market adapts through innovations in recycling and application efficiency, positioning it as a vital component in chemical, pharmaceutical, agricultural, electronic, and environmental value chains worldwide. Major players maintain vertical integration from brine sourcing to compound formulation, ensuring supply reliability amid volatile raw material prices and geopolitical influences on bromine resources.

Market Size and Growth Forecast
The global sodium bromide market is projected to reach 600-800 million USD by 2026, with an estimated compound annual growth rate of 4%-6% through 2031. This expansion is underpinned by increasing utilization in oil and gas drilling amid rising energy demands, growing adoption in water treatment solutions for industrial and municipal needs, and sustained requirements in pharmaceutical intermediates as healthcare sectors evolve.

Regional Analysis
Asia Pacific leads the sodium bromide market with estimated growth rates of 5%-7%, propelled by extensive chemical manufacturing and energy exploration activities in China and India. China, as the dominant producer and consumer, benefits from concentrated production bases in Shandong, which hosts the country's largest capacities, supporting trends toward enhanced oil recovery techniques and pharmaceutical exports amid rapid urbanization and industrial output. India contributes through expanding agricultural applications and water treatment demands, with local producers scaling to address environmental regulations and reduce import reliance in electronics and pharma sectors.
North America exhibits growth rates of 3%-5%, driven by the United States where Arkansas brines from the Smackover Formation provide a stable supply for drilling fluids in shale gas operations and mercury control in power generation, reflecting trends in sustainable energy transitions and stringent emission standards that favor bromine-based additives.
Europe shows growth rates of 3%-4%, with key markets in Germany and the Netherlands focusing on pharmaceutical and water treatment uses, where regulatory frameworks like REACH promote eco-friendly compounds, supporting steady demand in industrial cleaning and biocides amid a shift to circular economy practices.
South America demonstrates growth rates of 3%-5%, led by Brazil and Mexico with applications in oil field services tied to offshore exploration and agricultural intermediates, as regional trends emphasize resource extraction efficiency and environmental remediation to counter water scarcity issues.
The Middle East and Africa region presents growth rates of 4%-6%, fueled by Jordan and emerging African markets where sodium bromide aids in water purification and mining-related chemicals, with trends toward infrastructure development and renewable energy projects driving uptake in mercury control and drilling fluids.

Application Analysis
Water Treatment: Sodium bromide serves as a biocide and disinfectant in cooling towers, membranes, and municipal systems, with trends indicating increased adoption due to rising awareness of waterborne contaminants and regulatory pushes for non-chlorine alternatives in industrial processes.
Oil Field: Utilized in clear brine fluids for drilling and completion operations, this application benefits from growing deep-sea and shale explorations, where high-density brines improve well productivity and stability, showing upward trends aligned with global energy demands and technological advancements in hydraulic fracturing.
Mercury Control Additive: Employed in emission reduction for coal-fired power plants, sodium bromide facilitates mercury oxidation for easier capture, with developments reflecting stricter environmental standards and a shift toward cleaner energy, sustaining demand in regions with legacy power infrastructure.
Photographic: In traditional emulsion processes, it acts as a sensitizer, though digitalization moderates growth, trends point to niche persistence in specialty films and archival applications.
Pharmaceutical: As an intermediate in sedatives, anti-epileptics, and tranquilizers, sodium bromide supports nervous system treatments, with trends toward innovation in drug formulations amid expanding healthcare access in developing markets.
Others: This includes agricultural pesticides, electronic etching, and functional fluids, where versatile uses drive steady integration in rubber production and energy storage solutions, with emerging trends in battery electrolytes for renewables.

Industry Value Chain Analysis
The sodium bromide industry value chain initiates with upstream raw material sourcing from bromide salt minerals, such as those in seawater-derived magnesium bromide ores or underground brines like the Smackover Formation in Arkansas or Dead Sea resources in Jordan and Israel. Extraction begins with mining or pumping operations, followed by leaching, crystallization, and evaporation to isolate sodium bromide, which is then processed and purified to achieve high-purity grades essential for downstream applications. Key preparation methods, including neutralization with sodium bicarbonate and hydrobromic acid or urea reduction involving soda ash, urea, and bromine, occur in integrated facilities that emphasize controlled reactions to manage by-products like sodium chloride and ensure product stability. Midstream activities focus on refinement, drying, and packaging, often in ultra-clean environments to meet industrial purity standards, with recycling of hydrogen bromide by-products from organic reactions blended with virgin brines to enhance sustainability and reduce waste. Major producers leverage vertical integration, combining bromine extraction with compound manufacturing to optimize costs, as seen in operations where elemental bromine is produced via chlorine and steam in recovery towers, yielding over 99.99% purity before conversion to sodium bromide. Distribution involves bulk logistics through isotanks, pipelines, and rail for hazardous materials, prioritizing safety and efficiency to supply end-users in water treatment plants, oil rigs, and pharmaceutical labs. Downstream integration incorporates sodium bromide into specialized formulations, such as clear brines for oil wells that require precise density control or biocides for water systems that demand effective microbial resistance. The chain emphasizes circular economy practices, including reclamation from bromide solutions to avoid hazardous disposal and recovery from zinc-bromine batteries for reuse, addressing environmental concerns from effluents. Global trade balances production hubs in Asia and the Middle East with demand in North America and Europe, fostering collaborations for technology transfer and application optimization, while geopolitical factors influence brine access and pricing volatility.

Key Market Players
ICL Group Ltd.: As the world's largest elemental bromine producer, ICL extracts sodium bromide precursors from Dead Sea brines through solar evaporation, supporting applications in water treatment, oil fields, and pharmaceuticals via integrated facilities in Israel, China, and Europe, with a focus on sustainable recycling and new product developments like brominated electrolytes.
Albemarle Corporation: Operating bromine extraction from Arkansas Smackover brines, Albemarle maintains significant reserves and production capacities, emphasizing high-purity sodium bromide for drilling fluids and flame retardants, with ongoing forecasts for long-term output in oil and gas sectors.
LANXESS: A global chemical specialist, LANXESS produces sodium bromide compounds for water treatment and mercury control, leveraging European operations to serve industrial cleaning and emission reduction needs with a commitment to regulatory compliance.
TETRA Technologies Inc.: Focused on oil field services, TETRA utilizes sodium bromide in clear brine formulations for enhanced well performance, drawing on U.S.-based expertise to address deep-sea drilling demands.
Weylchem: This manufacturer supplies sodium bromide for pharmaceutical and photographic applications, with operations emphasizing high-quality intermediates for European markets.
Jordan Bromine Company Limited: Extracting from Dead Sea resources, this joint venture produces sodium bromide for global exports, supporting water treatment and agrochemical uses in the Middle East.
Tata Chemicals Limited: An Indian multinational, Tata integrates sodium bromide production with broader chemical portfolios, serving agricultural and pharmaceutical sectors in Asia.
Chemcon Speciality Chemicals Ltd.: Specializing in bromine derivatives, Chemcon focuses on pharmaceutical-grade sodium bromide for sedatives and intermediates, benefiting from India's growing export base.
Agrocel Industries Pvt. Ltd.: This player targets agricultural applications, producing sodium bromide-based pesticides and additives for crop protection.
GRILLO-Werke AG: A German firm, GRILLO offers sodium bromide for industrial and environmental uses, including mercury control in power plants.
Shandong Haiwang Chemical Co. Ltd.: Based in China's Shandong region, this company contributes to dispersed capacities, focusing on water treatment and oil field chemicals.
Shandong Tianyi Chemical Co. Ltd.: Another Shandong-based producer, emphasizing pharmaceutical and electronic applications through local brine resources.
Shouguang Fukang Pharmaceutical Co. Ltd.: Specializes in pharma-grade sodium bromide for anti-epileptics, leveraging regional production advantages.
Weifang Yukai Chemical Co. Ltd.: Operates in Weifang, producing sodium bromide for diverse uses including biocides and drilling fluids.
Jiangsu World Chemical Co. Ltd.: In Jiangsu, this firm supplies for water purification and agro sectors.
Shandong Dongxin Chemical Industry Co. Ltd.: Contributes to Shandong's base with focus on mercury control additives.
Weifang Qiangyuan Chemical Industry Co. Ltd.: Known for bromine compounds, supporting photographic and other niche applications.
Shandong Rixing New Materials Co. Ltd.: Innovates in new material uses, including electronics.
Dongying Bromate Chemicals Co. Ltd.: Focuses on bromate-related chains but includes sodium bromide for industrial needs.

Market Opportunities and Challenges
Opportunities
● Oil and Gas Expansion: Rising deep-sea and shale explorations create demand for high-density clear brines, enabling producers to develop tailored sodium bromide formulations for improved well efficiency in energy-transition regions.
● Water Treatment Advancements: Global water scarcity and regulatory emphases on disinfection open avenues for biocidal applications, with opportunities in membrane technologies and cooling systems for industrial users.
● Pharmaceutical Innovation: Growing healthcare needs in emerging markets favor sodium bromide as intermediates in sedatives and tranquilizers, allowing for R&D in novel drug delivery systems.
● Environmental Compliance: Stricter emission rules boost mercury control additives, positioning sodium bromide in power plant retrofits and sustainable energy infrastructures.
● Regional Production Builds: Investments in Asia and the Middle East can enhance local capacities, reducing logistics costs and supporting supply chain resilience amid geopolitical shifts.
Challenges
● Raw Material Volatility: Dependence on concentrated brine sources leads to price fluctuations and supply risks from depletion or regulations in key areas like China and the Dead Sea.
● Regulatory Pressures: Increasing environmental standards, such as bans on certain bromine uses in Europe, demand investments in compliant alternatives and waste management.
● Competition from Substitutes: Emergence of non-bromine options in water treatment and drilling fluids challenges market share, requiring innovation to maintain efficacy.
● Geopolitical Influences: Conflicts and trade barriers affect brine access and exports, impacting costs in regions reliant on imports from the Middle East.
● Sustainability Demands: High energy use in extraction and processing poses environmental hurdles, with pressures for circular practices like recycling to mitigate waste.
Chapter 1 Report Overview 1

1.1 Study Scope 2

1.2 Research Methodology 3

1.2.1 Data Sources 3

1.2.2 Assumptions 5

1.3 Abbreviations and Acronyms 6



Chapter 2 Global Sodium Bromide Market Status and Forecast (2021-2031) 7

2.1 Global Sodium Bromide Market Size (2021-2031) 7

2.2 Global Sodium Bromide Capacity and Production Analysis (2021-2031) 8

2.2.1 Global Capacity and Growth Rate 8

2.2.2 Global Production and Utilization Rate 9

2.3 Global Sodium Bromide Consumption Analysis (2021-2031) 10

2.4 Price Trends Analysis 11



Chapter 3 Global Competition Pattern Analysis 12

3.1 Global Top Manufacturers Sodium Bromide Capacity and Market Share (2025) 12

3.2 Global Top Manufacturers Sodium Bromide Production and Market Share (2021-2026) 13

3.3 Global Top Manufacturers Sodium Bromide Revenue and Market Share (2021-2026) 15

3.4 Global Sodium Bromide Average Price by Manufacturers (2021-2026) 17

3.5 Market Concentration Rate (CR3, CR5 and CR10) 18

3.6 Mergers, Acquisitions, and Expansions 19



Chapter 4 Industry Chain and Manufacturing Process Analysis 20

4.1 Sodium Bromide Industry Chain Analysis 20

4.2 Upstream Raw Materials Analysis (Sodium Carbonate, Hydrobromic Acid, etc.) 21

4.3 Manufacturing Process Analysis 23

4.4 Cost Structure Analysis 24



Chapter 5 Market Segmentation by Application 25

5.1 Global Sodium Bromide Consumption by Application (2021-2031) 25

5.2 Water Treatment 27

5.3 Oil Field (Completion Fluids) 28

5.4 Mercury Control Additive 29

5.5 Photographic 30

5.6 Pharmaceutical 31

5.7 Others 32



Chapter 6 Regional Market Analysis 33

6.1 Global Sodium Bromide Production by Region (2021-2031) 33

6.2 Global Sodium Bromide Consumption by Region (2021-2031) 34

6.3 North America (USA, Canada) 35

6.4 Europe (Germany, France, UK, Italy, Rest of Europe) 37

6.5 Asia-Pacific (China, Japan, India, South Korea, Taiwan (China), Southeast Asia) 39

6.6 Middle East & Africa (Israel, Jordan, Saudi Arabia, Rest of MEA) 42

6.7 South America (Brazil, Mexico, Argentina) 44



Chapter 7 Key Manufacturers Profile 46

7.1 ICL Group Ltd. 46

7.1.1 Company Introduction 46

7.1.2 SWOT Analysis 47

7.1.3 ICL Group Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 48

7.1.4 R&D and Marketing Strategy 49

7.2 Albemarle Corporation 50

7.2.1 Company Introduction 50

7.2.2 SWOT Analysis 51

7.2.3 Albemarle Corporation Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 52

7.2.4 R&D and Marketing Strategy 53

7.3 LANXESS 54

7.3.1 Company Introduction 54

7.3.2 SWOT Analysis 55

7.3.3 LANXESS Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 56

7.4 TETRA Technologies Inc. 58

7.4.1 Company Introduction 58

7.4.2 SWOT Analysis 59

7.4.3 TETRA Technologies Inc. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 60

7.5 Weylchem 62

7.5.1 Company Introduction 62

7.5.2 SWOT Analysis 63

7.5.3 Weylchem Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 64

7.6 Jordan Bromine Company Limited 66

7.6.1 Company Introduction 66

7.6.2 SWOT Analysis 67

7.6.3 Jordan Bromine Company Limited Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 68

7.7 Tata Chemicals Limited 70

7.7.1 Company Introduction 70

7.7.2 SWOT Analysis 71

7.7.3 Tata Chemicals Limited Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 72

7.8 Chemcon Speciality Chemicals Ltd. 74

7.8.1 Company Introduction 74

7.8.2 SWOT Analysis 75

7.8.3 Chemcon Speciality Chemicals Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 76

7.9 Agrocel Industries Pvt. Ltd. 78

7.9.1 Company Introduction 78

7.9.2 SWOT Analysis 79

7.9.3 Agrocel Industries Pvt. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 80

7.10 GRILLO-Werke AG 82

7.10.1 Company Introduction 82

7.10.2 SWOT Analysis 83

7.10.3 GRILLO-Werke AG Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 84

7.11 Shandong Haiwang Chemical Co. Ltd. 86

7.11.1 Company Introduction 86

7.11.2 SWOT Analysis 87

7.11.3 Shandong Haiwang Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 88

7.12 Shandong Tianyi Chemical Co. Ltd. 90

7.12.1 Company Introduction 90

7.12.2 SWOT Analysis 91

7.12.3 Shandong Tianyi Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 92

7.13 Shouguang Fukang Pharmaceutical Co. Ltd. 94

7.13.1 Company Introduction 94

7.13.2 SWOT Analysis 95

7.13.3 Shouguang Fukang Pharmaceutical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 96

7.14 Weifang Yukai Chemical Co. Ltd. 98

7.14.1 Company Introduction 98

7.14.2 SWOT Analysis 99

7.14.3 Weifang Yukai Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 100

7.15 Jiangsu World Chemical Co. Ltd. 102

7.15.1 Company Introduction 102

7.15.2 SWOT Analysis 103

7.15.3 Jiangsu World Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 104

7.16 Shandong Dongxin Chemical Industry Co. Ltd. 106

7.16.1 Company Introduction 106

7.16.2 SWOT Analysis 107

7.16.3 Shandong Dongxin Chemical Industry Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 108

7.17 Weifang Qiangyuan Chemical Industry Co. Ltd. 110

7.17.1 Company Introduction 110

7.17.2 SWOT Analysis 111

7.17.3 Weifang Qiangyuan Chemical Industry Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 112

7.18 Shandong Rixing New Materials Co. Ltd. 114

7.18.1 Company Introduction 114

7.18.2 SWOT Analysis 115

7.18.3 Shandong Rixing New Materials Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 116

7.19 Dongying Bromate Chemicals Co. Ltd. 118

7.19.1 Company Introduction 118

7.19.2 SWOT Analysis 119

7.19.3 Dongying Bromate Chemicals Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 120



Chapter 8 Global Sodium Bromide Import and Export Analysis 122

8.1 Global Sodium Bromide Import Volume and Value (2021-2026) 122

8.2 Global Sodium Bromide Export Volume and Value (2021-2026) 123

8.3 Key Importing Regions/Countries 124

8.4 Key Exporting Regions/Countries 125



Chapter 9 Marketing Strategy and Sales Channel Analysis 126

9.1 Marketing Strategy Analysis 126

9.2 Sales Channels (Direct, Distributor) 127

9.3 Customer Analysis 128



Chapter 10 Market Dynamics and Opportunities 129

10.1 Market Drivers 129

10.2 Market Restraints and Challenges 130

10.3 Emerging Trends 131

10.4 Porter's Five Forces Analysis 132



Chapter 11 Research Findings and Conclusion 134
Table 1 Global Sodium Bromide Capacity (Metric Tons), Production (Metric Tons) and Growth Rate (2021-2031) 8

Table 2 Global Sodium Bromide Consumption (Metric Tons), Market Size (Million USD) and Growth Rate (2021-2031) 10

Table 3 Global Top Manufacturers Sodium Bromide Capacity (Metric Tons) and Market Share (2025) 12

Table 4 Global Top Manufacturers Sodium Bromide Production (Metric Tons) (2021-2026) 13

Table 5 Global Top Manufacturers Sodium Bromide Production Market Share (2021-2026) 14

Table 6 Global Top Manufacturers Sodium Bromide Revenue (Million USD) (2021-2026) 15

Table 7 Global Top Manufacturers Sodium Bromide Revenue Market Share (2021-2026) 16

Table 8 Global Sodium Bromide Average Price by Manufacturers (USD/Ton) (2021-2026) 17

Table 9 Key Raw Materials Price Trends (2021-2026) 22

Table 10 Global Sodium Bromide Manufacturing Cost Structure Analysis 24

Table 11 Global Sodium Bromide Consumption by Application (Metric Tons) (2021-2031) 26

Table 12 Global Sodium Bromide Market Size by Application (Million USD) (2021-2031) 26

Table 13 Global Sodium Bromide Production by Region (Metric Tons) (2021-2031) 33

Table 14 Global Sodium Bromide Consumption by Region (Metric Tons) (2021-2031) 34

Table 15 ICL Group Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 48

Table 16 Albemarle Corporation Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 52

Table 17 LANXESS Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 56

Table 18 TETRA Technologies Inc. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 60

Table 19 Weylchem Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 64

Table 20 Jordan Bromine Company Limited Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 68

Table 21 Tata Chemicals Limited Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 72

Table 22 Chemcon Speciality Chemicals Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 76

Table 23 Agrocel Industries Pvt. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 80

Table 24 GRILLO-Werke AG Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 84

Table 25 Shandong Haiwang Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 88

Table 26 Shandong Tianyi Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 92

Table 27 Shouguang Fukang Pharmaceutical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 96

Table 28 Weifang Yukai Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 100

Table 29 Jiangsu World Chemical Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 104

Table 30 Shandong Dongxin Chemical Industry Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 108

Table 31 Weifang Qiangyuan Chemical Industry Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 112

Table 32 Shandong Rixing New Materials Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 116

Table 33 Dongying Bromate Chemicals Co. Ltd. Sodium Bromide Capacity, Production, Price, Cost and Gross Profit Margin (2021-2026) 120

Table 34 Global Sodium Bromide Import by Region (2021-2026) 124

Table 35 Global Sodium Bromide Export by Region (2021-2026) 125
Figure 1 Global Sodium Bromide Market Size (Million USD) and Growth Rate (2021-2031) 7

Figure 2 Global Sodium Bromide Capacity (Metric Tons) and Growth Rate (2021-2031) 8

Figure 3 Global Sodium Bromide Production (Metric Tons) and Growth Rate (2021-2031) 9

Figure 4 Global Sodium Bromide Capacity Utilization Rate (2021-2031) 10

Figure 5 Global Sodium Bromide Consumption (Metric Tons) and Growth Rate (2021-2031) 11

Figure 6 Global Sodium Bromide Price Trend (2021-2031) 11

Figure 7 Global Top Manufacturers Sodium Bromide Capacity Market Share (2025) 13

Figure 8 Global Top Manufacturers Sodium Bromide Production Market Share (2025) 14

Figure 9 Global Top Manufacturers Sodium Bromide Revenue Market Share (2025) 16

Figure 10 Sodium Bromide Value Chain Analysis 20

Figure 11 Global Sodium Bromide Consumption Market Share by Application (2025) 25

Figure 12 Global Sodium Bromide Consumption Market Share by Region (2025) 34

Figure 13 North America Sodium Bromide Consumption and Growth Rate (2021-2031) 36

Figure 14 Europe Sodium Bromide Consumption and Growth Rate (2021-2031) 38

Figure 15 Asia-Pacific Sodium Bromide Consumption and Growth Rate (2021-2031) 40

Figure 16 Middle East & Africa Sodium Bromide Consumption and Growth Rate (2021-2031) 43

Figure 17 South America Sodium Bromide Consumption and Growth Rate (2021-2031) 45

Figure 18 ICL Group Ltd. Sodium Bromide Market Share (2021-2026) 49

Figure 19 Albemarle Corporation Sodium Bromide Market Share (2021-2026) 53

Figure 20 LANXESS Sodium Bromide Market Share (2021-2026) 57

Figure 21 TETRA Technologies Inc. Sodium Bromide Market Share (2021-2026) 61

Figure 22 Weylchem Sodium Bromide Market Share (2021-2026) 65

Figure 23 Jordan Bromine Company Limited Sodium Bromide Market Share (2021-2026) 69

Figure 24 Tata Chemicals Limited Sodium Bromide Market Share (2021-2026) 73

Figure 25 Chemcon Speciality Chemicals Ltd. Sodium Bromide Market Share (2021-2026) 77

Figure 26 Agrocel Industries Pvt. Ltd. Sodium Bromide Market Share (2021-2026) 81

Figure 27 GRILLO-Werke AG Sodium Bromide Market Share (2021-2026) 85

Figure 28 Shandong Haiwang Chemical Co. Ltd. Sodium Bromide Market Share (2021-2026) 89

Figure 29 Shandong Tianyi Chemical Co. Ltd. Sodium Bromide Market Share (2021-2026) 93

Figure 30 Shouguang Fukang Pharmaceutical Co. Ltd. Sodium Bromide Market Share (2021-2026) 97

Figure 31 Weifang Yukai Chemical Co. Ltd. Sodium Bromide Market Share (2021-2026) 101

Figure 32 Jiangsu World Chemical Co. Ltd. Sodium Bromide Market Share (2021-2026) 105

Figure 33 Shandong Dongxin Chemical Industry Co. Ltd. Sodium Bromide Market Share (2021-2026) 109

Figure 34 Weifang Qiangyuan Chemical Industry Co. Ltd. Sodium Bromide Market Share (2021-2026) 113

Figure 35 Shandong Rixing New Materials Co. Ltd. Sodium Bromide Market Share (2021-2026) 117

Figure 36 Dongying Bromate Chemicals Co. Ltd. Sodium Bromide Market Share (2021-2026) 121

Figure 37 Global Sodium Bromide Import Volume (2021-2026) 122

Figure 38 Global Sodium Bromide Export Volume (2021-2026) 123

Figure 39 Porter's Five Forces Analysis 132

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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