Monday 19 September 2022

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 Dibromo Alkane Market 2022

Dibromo alkane are composed either by deploying the bromine, methylene chlorobromide and ethylene or through acetylene and hydro bromic acid. Dibromo alkanes are colorless chemical having natural sweet or chloroform odor. Dibromo alkanes are highly dense, have a high boiling point and moisture content. Dibromo alkanes are insoluble in water and are highly soluble in ether and alcohol. Dibromo alkanes finds applications in refrigerants and fire extinguishers owing to its excellent properties such as extended moisture content, high density, insolubility in water and a high boiling point. Most commonly used dibromo alkanes include ethylene dibromide, 1,3-dibromopropane, 1-bromo,3-chloropropane and others. Ethylene Dibromide, is a colourless heavy liquid prominently used in agriculture during post-harvest as a fumigant for crops. It is used as a quarantine fumigant for fruits of tropical region and for citrusy vegetables. It is also used as a gas for control of termites and Japanese beetle and even for beehive fumigation, as a solvent for gums and waxes.

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1,3-Dibromopropane, a colourless to light brown colour liquid that is used as intermediate for products like dye, as a herbicide and for pharmaceutical industries. It is also used in production of cyclopropane.

1,4-Dibromobutane is also a colourless liquid with a pleasant odour. It’s prominently used as an intermediate for the synthesis of organic compounds and in pharmaceuticals.

1-Bromo,3-Chloropropane is mostly used as a chemical intermediate for synthesis of cyclomethycaine, fluphenazine and also a reaction intermediate  to prepare gamma chlorophyll derivatives. It is also used as ion exchange agents in industries and for consumer applications such as laundry and dish washing products.

Global Dibromo Alkane Market: Market Dynamics

Increasing demand from the end-use industries such as agriculture and the various properties of the ethylene dibromide of being used in pesticides, flame retardants, and fumigants are the prominent factors driving the market Dibromo alkane.  Excellent benefits associated with application of 1,4-Dibromobutane in the pharmaceutical sector helping with the synthesis of organic compounds is predicted to grow due to the current ongoing pandemic situation. Increasing need for food is creating demand for agricultural products and thereby propelling the demand for dibromo alkane in upcoming future.

The only major key factor which restricts the growth of market are the restrictions imposed on the chemical of ethylene dibromide which is too toxic for animals and humans as it hampers the health by water contamination when used as a soil fumigant. It is currently banned by USA, in turn restricts the growth in that particular region. Another big restraint to the market involves the rising concerns of the toxic effect of the brominated flame retardants on the human health that may hamper the market to a bigger extent. Exposure to this gas can cause conjunctivitis, throat and lung infection and acute exposure can be very fatal causing damage to the internal organs and much more. As per International Agency for Research on Cancer it is regarded as a human carcinogen.

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Global Dibromo Alkane Market: Market Segmentation

The global Dibromo Alkane market is segmented on the basis of type and application.

By type segment, the global Dibromo Alkane market can be segmented as mentioned below:

  • Ethylene Dibromide
  • 1,3-Dibromo Propane
  • 1,4-Dibromobutane
  • 1-Bromo, 3-Chloropropane
  • 1,2-Bibromo propane
  • 3 Bromo phenol
  • 4 Bromo phenol
  • N-Butyl chloride
  • Meta Bromo Nitro Benzene

COVID-19 crisis impact

Due to the current Covid situation prevalent across every country and state has resulted in drastic change in the economic growth of all the regions as a whole which and in turn affected the chemical industry as well. Same goes for the industry of fertilizers and herbicides that took a big hit during the pandemic. As China being the prominent producer and consumer of the raw materials for the production of the pesticides and fertilizers was disrupted which has negatively impacted the dibromo alkane market as it is majorly used in the agriculture industry as fumigants and pesticides.

After China the most severely affected country includes India which is the second highly populated country of the world that mostly depends on agriculture and thus in turn affecting the dibromo alkane market; however, 1,4-dibromo butane is expected to be the least affected during the pandemic period owing to its application in pharmaceuticals.

Global Dibromo Alkane Market: Regional Outlook

Asia-Pacific region is the most favorable location for manufacturers owing to availability of raw materials and is the prominent consumer of dibromo alkane. The market in Asia Pacific region is anticipated to grow at highest rate led by growing industrial activities like production of pesticides and other products like fumigants and in electrical industry. Furthermore, growth for end use industries like the pharmaceutical, agricultural industry and even modernization is projected to add positive growth in the coming forecast period. The dibromo alkane market is expected to expand further owing to its increasing used in the production of flame retardants, PTA synthesis and as biocides in some major countries, such as India, China, and Japan. As a result, it is being more widely used in a variety of end-use applications like electronics, plastic goods and insulation, and thus its market of bromine-based flame retardants and is projected to expand significantly in future in countries like Japan, India, Thailand, and South Korea.

Dibromo Alkane market is anticipated to account for significant growth in the North America region followed by Europe owing to presence of major end user industries such as agrochemicals and pharmaceuticals in the region. Latin America is anticipated to grow at significant rate owing to increasing agricultural activities in the region.

Which trend/ segment to impact more?

Among from the segments, the pharmaceutical industry is expected to boost the market growth in the coming forecast period. Furthermore, due to its varied use in the making or production of medicines and different chemicals, dibromo alkane has prolonged use and its varied amount of properties make it a key product during the ongoing pandemic situation.

Analyst perspective:

The Dibromo alkane market has a wide use in the manufacturing of essentials of any agricultural industry i.e. pesticides, herbicides and even for products like flame retardants, intermediates of organic synthesis, as fumigants and catalysts. Globally, the Dibromo Alkane market key players focus on developing and introducing innovative production technologies like the use of pesticidal nanoformulations to reduce overall toxicity of the insecticides and pesticides, to help reduce environmental impact and to keep safe from government stringent regulation standards.

Global Dibromo Alkane Market: Industry Participants

Global Dibromo Alkane Market: Industry Participants

The Dibromo Alkane market is estimated to be fairly fragmented owing to the number of players in the international market. Few of them are identified across the value chain which is –

  • Gulf Resources Inc.
  • Modi Chemi Pharma Ltd.
  • Ester India
  • A.B Enterprises
  • Dhruv chem industries
  • Chemtura Corporation
  • Morre-Tec Industries Inc.
  • Honeywell International Inc.
  • Lanxess AG
  • Jordon Bromine Company Limited
  • Hindustan Salts Limited
  • Tosoh Corporation
  • Israel Chemicals Limited
  • Albemarle Corporation
  • Tata Chemicals Limited

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