Sodium Bromide Market Overview:
The Sodium Bromide Market Report from Maximize Market Research presents clients with a comprehensive assessment of the global market landscape, offering a detailed perspective. Covering the trends , the report is a valuable resource for making crucial business decisions, drawing on the abundant information presented within the study.
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Sodium Bromide Market size was valued at US$ 1.31 Bn. in 2021 and the total Sodium Bromide revenue is expected to grow at 5.1% through 2022 to 2029, reaching nearly US$ 1.95 Bn.
Sodium Bromide Market Report Scope and Research Methodology
The Sodium Bromide market report derives its insights from a comprehensive assessment, drawing on both primary and secondary sources. Country-specific market mapping is accomplished through internal and external proprietary data, alongside relevant patent and regulatory databases, which collectively shape the assessment of Sodium Bromide market volume. The competitive dynamics of the Sodium Bromide market are dissected with precision, delving into the minute and intricate factors that impact the market.
Dynamics of the Sodium Bromide Market:
In organic synthesis, sodium bromide is frequently used to create other bromide compounds. In the Finkelstein reaction, sodium bromide serves as the source of the bromide nucleophile that converts alkyl chlorides into more potent alkyl bromide. Alkyl bromide is produced when sodium bromide is treated with chloride alkyl, and sodium chloride is the byproduct. Silver bromide, a salt that is sensitive to light, is also made with NaBr.
Sodium Bromide Market Regional Analysis:
North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), the Middle East, and Africa have all been researched (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The Sodium Bromide research provides regional competitive situations. These insights assist Sodium Bromide market participants in improving tactics and creating new chances to achieve extraordinary results.
Sodium Bromide Market Segmentation:
by Grade
• Medical Grade
• Industrial Grade
• Agriculture Grade
• Cosmetic Grade
• Others
by Form
• Powder
• Liquid
• Granular
• Others
by End-Use Industry
• Food and Nutrition
• Water and Wastewater
• Oil & Gas Construction
• Coatings and Lubricants
• Pharmaceutical
• Others
According to End-Use Industry, throughout the previously stated forecast period, the pharmaceutical segment is anticipated to increase at the fastest rate—3.4%. This growth rate is consistent with both its low toxicity and common use in tranquillizers.
In animal medicine, sodium bromide is a halide anti-epileptic used to treat seizures. Antiepileptic medications containing bromide work by hyperpolarizing neurons by the intracellular movement of bromide ions via chloride channels. Mixed potassium bromide, or NaBr product, is the form in which bromide is administered. Because it is not metabolised, bromide is excreted in urine in an unchanged state. In veterinary medicine, potassium bromide has been effectively used to reduce seizure frequency in 70% to 75% of dogs with epilepsy.
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Sodium Bromide Market Key Players:
• TETRA Technologies
• Thermo Fisher Scientific
• Tata Chemicals Ltd.
• Jordan Bromine Company Ltd.
• Chemtura Corporation
• Alfa Aesar
• Albemarle Corporation
• LANXESS
• Schlumberger
• ICL Industrial Products
• Shanddong Haiwang Chemical Co. Ltd.
• Djibouti Salt Industry Co Ltd.
• Mody Chemi-Pharma
• Hasa
Table of content for the Sodium Bromide Market includes:
Part 01: Executive Summary
Part 02: Scope of the Sodium Bromide Market Report
Part 03: Global Sodium Bromide Market Landscape
Part 04: Global Sodium Bromide Market Sizing
Part 05: Global Sodium Bromide Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions Answered in the Sodium Bromide Market Report are:
- What is Sodium Bromide?
- What is the expected CAGR of the Sodium Bromide market during the forecast period?
- What are the global and regional trends in the Sodium Bromide Market?
- What are the major challenges that the Sodium Bromide Market could face in the future?
- How is the intervention from regulatory authority is shaping the Sodium Bromide Market?
- What growth strategies are the players considering to increase their presence in Automotive Relay Market?
- Who held the largest market share in Sodium Bromide Market?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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