Bromine Derivatives Market to Worth US $3.7 Bn in 2016
Demand for bromine derivatives will continue to surge owing to increasing adoption as reactants in the manufacturing of agrochemicals, water disinfectants, dyes and photographic chemicals. Considering a Y-o-Y growth of 3.5% over 2015, the global bromine derivatives market is expected to reach a value of US$ 3.70 Bn in 2016 end. Owing to the catalyst properties of bromine derivatives, global consumption volume will be significantly influenced by increasing production of rubber, plastics and flame retardants over the forecast period.
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