Bromine Disinfectant Tablet Market Size, Share, Growth, And Industry Analysis By Type (Segment by Type, BCDMH Tablet, BCDMH Granule, Others) By Application (Swimming Pools and Spas, Industrial Cooling Water, Aquaculture, Others) and Regional Forecast To 2032

Bromine Disinfectant Tablet Market Report Overview

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The global Bromine Disinfectant Tablet Market size was USD 264 million in 2021 and is expected to reach USD 451.53 million in 2032, exhibiting a CAGR of 5%. during the forecast period.

The chemical element bromine has the atomic number 35 and the symbol Br. It is the third-lightest halogen, and at room temperature it is a fuming red-brown liquid that easily evaporates to become a gas of a similar hue. Its characteristics fall in between iodine and chlorine of its vertical neighbours. Carl Wilhelm Scheele initially succeeded in isolating elemental bromine from brine in 1774. He called it "fire air" since at the time, solid-state physics hadn't been discovered, therefore the substance only existed in a gaseous form and hadn't yet been separated as an element.

Due to their affordability and ease of use, tablet-based disinfectants are becoming more popular among end users. This growth can also be attributed to an increase in the number of industries where they are being used, a rise in disposable income, and increased consumer awareness of the health risks posed by bacteria, viruses, and other pathogenic microorganisms that are spread through water bodies (lakes, rivers, and oceans).

COVID-19 Impact: COVID-19 Pandemic Halted The Market Growth

The COVID-19 pandemic had mixed effects on the value chains of manufacturing and sales on the worldwide bromine industry in 2020. Since government-imposed lockdowns and restrictions caused a protracted halt to production and construction internationally, the use of flame retardants in automotive and building applications has sharply decreased. Applications for food, drugs, and agriculture exhibited minimal growth. The primary driver of the increase is the ongoing provision of vital services like municipal water treatment and livestock and food production.

Latest Trends

"Rising Healthcare Spending And Attention In Developing Countries"

Players in the sterilisation and disinfection sectors have a lot of opportunity in emerging economies like India, Brazil, and South Africa. Multinational infection control firms may profitably offshore their company operations to these countries thanks to the region's developing economies in APAC. Due to strict fire safety standards, the demand for bromine is primarily driven by the increased need for flame retardants. That is the market's most significant driver. The main obstacle to this market's expansion is the toxicological makeup of bromine compounds.

Bromine Disinfectant Tablet Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Segment by Type, BCDMH Tablet, BCDMH Granule; Others BCDMH Tablet is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into Swimming Pools and Spas, Industrial Cooling Water, Aquaculture, Others. Swimming Pools and Spas will be the dominating segment.

Driving Factors

"Rising Demand For Flame Retardants Fuel The Market Growth"

Throughout, fires pose a significant risk, and incidents involving fires often result in property damage and fatalities. According to estimates, fires cause economic losses of up to US$ 76 million per year. When resolving claims for destroyed property, destroyed infrastructure, and lost human lives, insurance firms shoulder a significant percentage of those costs. In particular, those employed in electrical and electronic components, BFRs are widely used in the production of polymers. Building materials including paints, insulating foam, wires, and cables are also subject to BFRs. Hence, one of the key factors driving the worldwide bromine market is the rise in demand for flame retardants.

"Use Of Surface Disinfectants Is Subject To An Increasing Number Of Strict Requirements"

A greater emphasis is being placed on excellent housekeeping and cleanliness as a result of the severe laws that are becoming more prevalent. Hence, the frequent use of surface disinfectants in healthcare settings will improve as a result of such regulatory rules. To reduce the number of lives lost and the financial harm caused by fires, governments all over the world are enforcing severe fire safety standards. The electronics, consumer goods, automotive, textile, and construction industries have seen the most widespread implementation of fire safety requirements. To guarantee adherence to these requirements, there has been an increase in the need for flame retardants. Flame retardants stop fires by delaying combustion. Some of the most frequently utilised flame retardants on the market are brominated flame retardants (BFRs).

Restraining Factors

"Harmful Effects Of Bromine Hamper The Market Growth"

The element bromine is very poisonous and caustic. It is quite flammable and quickly turns into a reddish-brown smoke. The vapour has a strong stench and severely irritates the nose and eyes. Even little amounts of intense bromine vapour inhalation are lethal. The most extensively used flame retardants are BFRs, which are present in a variety of home goods including mattresses, paints, rubber, plastic, wires, and insulating foams.

BFRs are recognised as hazardous to both humans and the environment and bioaccumulative. BFRs are thought to be potentially cancer-causing to humans. Because of the ubiquitous toxicity of bromine compounds, governments all over the world have limited, restricted, and replaced their usage in common goods. One of the biggest obstacles to commercial expansion is the toxicological consequences of bromine compounds.

Bromine Disinfectant Tablet Market Regional Insights

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"Asia Pacific Will Be Seen In Fastest Growth During Forecast Period"

With a share of more than 60% in 2021, Asia Pacific led the worldwide market in terms of revenue and volume. During the course of the prediction, the area is anticipated to maintain its supremacy. This can be due to rising demand from end-use sectors including aquaculture, industrial cooling water, and swimming pools & spas. Due to rising demand from end-use sectors including swimming pools & spas and industrial cooling water, North America is anticipated to see the quickest growth rate throughout the projected period. Due to rising demand from regional nations like Germany and France, Europe is also anticipated to develop at a moderate rate. Due to the lack of participants in the region, Latin America is predicted to experience a fall in income throughout the projected period. Due to fierce rivalry and constrained market prospects, this is the case. Due to the rising need for environmental protection goods, Middle East & Africa are predicted to expand faster than other areas.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Lanxess (Germany)
• Lonza (Switzerland)
• ICL-IP (Israel)
• Radi (Canada)
• Yaguang Fine Chemical (China)
• Kedachem (China)
• Xitai Chemical (China)
• Water Treatment Products (U.K.)
• Enviro Tech

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.