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World - Iodine, Fluorine And Bromine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Iodine, Fluorine And Bromine - Market Analysis, Forecast, Size, Trends And Insights

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Jan 12, 2022

Boosting Investments in Eco Battery Industry to Drive Global Bromine Market

IndexBox has just published a new report: 'World - Iodine, Fluorine And Bromine - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

Rapidly expanding manufacturing of zinc-bromine batteries, strong eco-friendly competitors for lithium counterparts, is to stimulate the growth of the global bromine market. Compared to lithium analogues, zinc-bromine batteries are more cost-effective and less flammable because they can function at high temperatures. Developers and producers of zinc-bromine battery components are actively fundraising last year thanks to the high market potential. Gelion launched an IPO on the London Stock Exchange, while Neogen Chemicals' stocks more than doubled in 2021.

Key Trends and Insights

Investors see opportunities in zinc-bromine battery manufacturing, which could drive an expansion in the global bromine market. Accumulators using a zinc-bromine gel have a competitive advantage over their lithium counterparts because of their lower production costs and initial investment to reach industrial capacity. They are less flammable and can be used at temperatures over +50'С, while at those temperatures, lithium batteries have a high risk of catching fire at those temperatures.

In 2021, developers and producers of zinc-bromine components successfully attracted investments thanks to growing interest in this new alternative source of storing energy. Gelion PLC, an Australian zinc-bromine gel developer, launched an IPO on the London Stock Exchange to expand its domestic capacity, create additional production facilities in India and become profitable by 2024. The share price for Neogen Chemicals Ltd, the largest Indian manufacturer of bromine-based and lithium-based compounds, doubled last year. The company's financial results showed a growth in revenues to Rs. 113.2 crore in Q2 FY22, 38% larger than the same period of the previous year.

Global Imports of Iodine, Fluorine and Bromine

In 2020, approx. 163K tons of iodine, fluorine and bromine were imported worldwide, picking up by 6.8% on the previous year. In value terms, iodine, fluorine and bromine imports rose remarkably to $1.5B (IndexBox estimates).

China was the major importer of iodine, fluorine and bromine globally, with the volume of imports amounting to 60K tons, which was approx. 37% of global purchases. Belgium (25K tons) ranks second with a 15% share, followed by India (8.3%) and France (4.8%). The UK (5.1K tons), the U.S. (5.1K tons), Norway (3.4K tons), Saudi Arabia (2.8K tons) and Canada (2.6K tons) followed a long way behind the leaders.

In value terms, China ($415M), Belgium ($212M) and the U.S. ($147M) constituted the countries with the highest levels of purchases in 2020, together comprising 51% of global imports.

The average iodine, fluorine and bromine import price stood at $9,252 per ton in 2020, increasing by 4.4% against the previous year. The most notable increase in prices was attained by the U.S., while the other global leaders experienced more modest paces of growth during 2020.

Top Largest Suppliers of Iodine, Fluorine and Bromine

In 2020, Israel (62K tons) was the leading exporter of iodine, fluorine and bromine, committing 43% of total exports. It was distantly followed by Jordan (23K tons), Chile (20K tons), Belgium (14K tons), Japan (7.8K tons), the U.S. (7.5K tons) and India (6.9K tons), together comprising a 54% share of global supplies.

In value terms, Chile ($659M) remains the most significant supplier worldwide, comprising 44% of total exports. The second position in the ranking was occupied by Israel ($222M), with a 15% share of global supplies. It was followed by Belgium, with a 13% share.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for iodine, fluorine and bromine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132116 - Iodine, fluorine, bromine

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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