Global Bromine Market Will Grow 483 Kilo Metric Tons (KMT) in 2016: Persistence Market Research
Summary
New York, NY, June 03, 2016 --( Flame retardants will continue to remain the largest application segment, accounting for 203 KMT volume in 2016, a y-o-y increase of 2.8% over 2015.The chemicals industry will remain the largest consumer of bromine, accounting for 292 KMT volume in 2016, representing market value worth 1,284 Mn.Use of bromine in the oil and gas sector will also continue to witness steady growth, as clear brine fluids gain traction for drilling purposes.View Detail Report With TOC: http://www.persistencemarketresearch.com/market-research/bromine-market.asp Long-term Outlook: PMR projects the global bromine market to witness moderate growth during the forecast period 2016-2024.Use of bromine in the oil and gas sector will also continue to witness steady growth, as clear brine fluids gain traction for drilling purposes.