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Bromine Market Size, Emerging Trends, Forecasts, and Analysis 2021-2026 [news]

Bromine Market report is a comprehensive overview of the market’s situation thoroughly examined and compiled by Stratview Research. This new report provides past progress, current market conditions, and a future prospect from the year 2021 to 2026. It also offers accurate overview of the growth strategies, market size, mergers & acquisitions, and upcoming products/services of leading key players in this market.
Market Insights
The report analyses the market thoroughly and collects data in order to offer reliable data to the users. Bromine market is likely to witness an impressive CAGR of 5.8% during the forecast period. The major factor driving the market is the growing demand for bromine in flame retardants, mercury emission control, water treatment, and oil & gas drilling applications.
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Market Segments' Analysis
According to Stratview Research, the Bromine Market is segmented by Derivative Type (Organobromine, Clear Brine Fluids, and Hydrogen Bromide), by Application Type (Flame Retardants, Water Treatment, Mercury Emission Control, Oil & Gas Drilling, HBR Flow Batteries, Pta Synthesis, Pesticides, Plasma Etching, Pharmaceuticals, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
Based on the derivative type, the market is segmented as organobromine, clear brine fluids, and hydrogen bromide. Organobromine is widely used in the manufacturing of brominated flame retardants, pesticides, fumigants, and biocides for water treatment, making it the largest segment of the market in 2019, and it is expected to remain dominant during the forecast period. Recent initiatives are being taken by major players such as Albemarle and Israel Chemicals Ltd. to develop and market polymeric substitutes to hexabromocyclododecane (HBCD) flame retardants, due to toxicity concerns in the later.
Based on the application type, the market is segmented as flame retardants, water treatment, mercury emission control, oil & gas drilling, HBR flow batteries, Pta synthesis, pesticides, plasma etching, pharmaceuticals, and others. The flame retardants segment dominates the market, as the demand for bromine compounds as flame retardants has significantly increased due to their extensive use in domestic and industrial applications. Despite increasing regulations on some of the bromine-based flame retardants, the segment still dominates the market, due to its effective fire controlling properties. Few examples of flame-retardant chemicals that are made using bromine are polybrominated diphenyl ether, polybrominated biphenyl, decabromodiphenyl ether, hexabromocyclododecane, and tetrabromobisphenol.
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Top key vendors in the market:
The report mentions a list of key players in the Bromine Market. Some of them are mentioned below –
• Israel Chemicals Limited
• Albemarle Corporation
• LANXESS Corporation
• Tosoh Corporation
• Tata Chemicals Limited
• Gulf Resources Inc.
• TETRA Technologies, Inc.
• Hindustan Salts Limited
• Honeywell International
• Perekop Bromine
Key Questions Answered in The Report:
- Which region will show the higher and rapid growth?
- Who are the top key players of the Bromine Market?
- How will the market change in the upcoming five years?
- What was the impact of Covid19 on the market?
- Which application/ service/product will take a lion's share of the market?
- What are the market drivers and constraints?
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Bitumen Membrane Market Expected to Experience Attractive Growth through 2026 [news]

Stratview Research has published a new report on the Bitumen Membrane Market, segmented by Grade Type (Atactic Polypropylene [APP] and Styrene-Butadiene-Styrene [SBS]), by Product Type (Sheets [Residential, Non-residential, Automotive, and Others] and Liquid [Residential and Non-residential]), by Application Type (Residential, Non-Residential, Automotive, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global artificial intelligence as a service market.
Market Highlights
Bitumen Membrane Market is likely to witness a CAGR of 5.5% during the forecast period. Major factors such as rapid growth of the construction industry, surge in demand in automotive sector, and easy availability of products are expected to drive the growth of the market. In addition, the rise in urbanization, increase in commercial projects, growing population in India and China are likely to fuel the growth of the market during the forecast period.
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Covid Impact
Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.
Segmentation –
This report studies the Bitumen Membrane Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:
Based on the grade type, the market is segmented as APP (Atactic Polypropylene) and SBS (Styrene-Butadiene-Styrene). Atactic Polypropylene (APP) is expected to witness significant growth rate in the market during the forecast period as it provides protection to commercial and residential buildings. APP is widely used for the application of waterproofing such as on the terrace or house roofs, curtain walls, sloping concrete floors, and foundations. Besides, it offers many superior features such as outstanding life expectancy, superior weather tolerance, better usability, remarkable adhesive properties, robust dimensional durability, excellent chemical resistance, and high tolerance to puncturing & mechanical injury which drives the segment’s growth.
Based on the product type, the market is segmented as sheets and liquid. The liquid product type is expected to register high growth rate in the market owing to its environment-friendly properties and easy applicability. Also, its other features such as its ability to dry quickly and excellent adhesiveness, superior abrasion & tear resistance are likely to boost its demand in the market during the forecast period.
Based on the application type, the market is segmented as residential, non-residential, automotive, and others. The non-residential application type segment is estimated to account for the major share of the market during the forecast period on account of the growing demand for various commercial projects such as malls, office buildings, educational institutions, and hospitals. In addition, the building & construction industry requires high-performance materials that are strong, lightweight, high-performance, durable, and versatile, which is expected to drive the market growth during the forecast period.
Following are the key players in the Bitumen Membrane Market:
• Soprema International
• BTM
• BMI Group
• IKO Group
• Johns Manville
• Firestone Building Products Company LLC
• Ardex
• Tiki Tar
• Isoltema Group
• Baumerk
• Jiangsu Changzhou Xinyuan Waterproof Equipment factory
• Total S.A.
• BASF SE
• ΝORDIA S.A.
• Bondall.
About Stratview Research-
Stratview Research is a global market intelligence firm having a strong team of industry veterans and research analysts. Stratview Research has been serving multiple clients across a wide array of industries. Our services cover a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, we believe in building long term relations with our clients.
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Aviation Lubricant Market is Expected to Register a Considerable Growth by 2027 [news]

June 23, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aviation Lubricant Market.

It was estimated prior to this unanticipated outbreak that the Aviation Lubricant Market is likely to witness an impressive CAGR of 7.2% during the forecast period. This unprecedented growth is owing to the rising aircraft orders driven by the snowballing passenger traffic globally. Escalating attention on improved efficiency of aircraft systems is also driving the growth of the global aviation lubricant market.

Market Scope & Segmentation
Aviation Lubricant is lubricant used under different temperatures for various applications such as gears, engine cylinder walls, sockets, push rods, camshaft, and similar others in the aircraft. The function of the lubricant here is to provide cooling and cleanliness to the engine along with corrosion inhibition.
Aviation Lubricant can be of mineral-based or synthetic. Hydraulic fluid, grease, engine oil, and special lubricants are some of the lubricant types used. Some of the important application areas where the aviation lubricants are being used are hydraulic systems, landing gear, engine, airframe, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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Segment Analysis
Based on the type, the market is segmented as hydraulic fluid, engine oil, grease, and special lubricants and additives. The engine oil segment is estimated to register the highest growth in the coming five years. The growth of this segment is owing to the progression of advanced aircraft engines and the rise in the commercial aircraft fleets.

Based on the aviation type, the market is segmented as commercial aviation, military aviation, and business and general aviation. The military aviation segment is expected to witness the highest growth during the forecast period. The growth of this segment is fueled by the rising number of aircraft orders for military aviation across the globe.

Based on the technology type, the market is segmented as mineral-based and synthetic. The synthetic segment is expected to register a higher growth during the forecast period. This growth can be ascribed to the growing demand for advanced lubricants to improve the performance of an aircraft.

Based on the end-user type, the market is segmented as OEM and MRO. The MRO segment was estimated to remain dominant in 2018. The growth of this segment is owing to the rise in the aircraft fleet of the emerging economies in the commercial and military aviation sectors, during the forecast period.

Based on the application type, the market is segmented as hydraulic systems, engine, landing gears, airframe, and others. The engine segment was estimated to impose the aviation lubricant market in 2018. The growth of this segment was attributed to the increase in the use of specialized and advanced lubricants.

In terms of regions, North America was estimated to remain dominant in the global aviation lubricant market in 2018. Giant commercial and military aircraft manufacturers, such as Boeing (US) and Lockheed Martin (US) are based in North America. Also, the region holds the largest aircraft fleet in the world, and thus, creates a huge demand for aviation lubricant products. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:
The key automotive OEMs are-
• BP plc
• Candan Industries
• Eastman Chemical Company
• Exxon Mobil Corporation
• Lanxess Aktiengesellschaft
• The PJSC Lukoil Oil Company
• The Phillips 66 Company
• The Chemours Company
• Royal Dutch Shell
• Nye Lubricants, Inc.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Aviation Lubricant analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about Stratview Research:
Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

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Direct: +1-313-307-4176

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