Dublin, Nov. 14, 2018 (GLOBE NEWSWIRE) -- The "Global Sodium Bromide Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The global sodium bromide market to grow at a CAGR of 5.40% during the period 2019-2023.
Global Sodium Bromide Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the use of sodium bromide in different applications.
According to the report, one of the major drivers for this market is the growth of the oil and gas industry. Sodium bromide is used as a heavy, clear brine in the oil and gas industry. Is is used as an oil drilling fluid for extracting crude oil.
The latest trend gaining momentum in the market is the stringent mercury emission control. Bromine and its compounds will be used extensively to control mercury emissions during the forecast period.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuating in crude oil prices. Fluctuation in crude oil prices lead to volatility in the manufacturing cost for bromide, which in turn, impacts sodium bromide prices.
Key questions answered in this report
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Market Trends
- Increasing oil and gas exploring in China
- High price of sodium bromide in China
- Stringent mercury emission control
Key vendors
- Albemarle
- Lanxess
- Schlumberger
- Tata Chemicals
- TETRA Technologies
- Thermo Fisher Scientific
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Oil and gas - Market size and forecast 2018-2023
- Pharmaceuticals - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Stringent mercury emission control
- Increasing offshore drilling
- Increasing demand for water treatment chemicals
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/3462fz/global_sodium?w=12
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