Enjoy complimentary customisation on priority with our Enterprise License!
The sodium bromide market share is expected to increase to USD 562.3 million from 2023 to 2028, and the market’s growth momentum will accelerate at a CAGR of 4.5%. The oil and gas industry's expansion has led to an increased demand, a crucial compound in drilling and production processes. Simultaneously, developing countries' economic growth and rising standards of living have fueled a surge in demand for sodium bromide in various applications, including water treatment and flame retardants. In the pharmaceutical sector, sodium bromide's key offerings include its use as an expectorant in cough syrups and its role in producing bromides, which are essential in the production of certain medications. This triple-pronged demand underscores its significance as a versatile and indispensable chemical in modern industries.
For More Highlights About this Report, Request Free Sample
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.