Product Code: ETC096862 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Mexico Sodium bromide Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at -0.13% in 2025, the market steadily declines to -0.24% by 2029.
The Mexico Sodium Bromide Market is experiencing growth, driven by its diverse applications in the oil and gas industry, pharmaceuticals, and water treatment. Sodium bromide, a versatile chemical compound, is used as a completion fluid in oil and gas drilling and as a disinfectant in water treatment processes. The expanding industrial activities and the need for efficient chemicals in various sectors are propelling the demand for sodium bromide in Mexico. Manufacturers are adapting to stringent quality standards and exploring new applications to capitalize on the wide-ranging opportunities presented by the sodium bromide market.
In the Mexico Sodium Bromide market, industrial applications and the oil and gas sector play pivotal roles in driving demand. Sodium bromide, known for its use in drilling fluids and as a flame retardant, is witnessing increased utilization in various industrial processes. The oil and gas industry`s exploration and production activities contribute significantly to the demand for sodium bromide as a completion and workover fluid. The market is also influenced by the chemical industry, where sodium bromide finds applications in manufacturing flame retardants and specialty chemicals. The Mexico Sodium Bromide market is poised for growth, driven by the expanding industrial landscape and the continuous exploration of bromine`s diverse applications.
The Mexico sodium bromide market encounters several challenges that impact its dynamics and growth prospects. One significant challenge is the volatility of raw material prices and supply chain disruptions, as sodium bromide is primarily derived from bromine, a commodity subject to price fluctuations influenced by factors such as demand, production, and geopolitical events. Fluctuations in raw material costs can affect the profitability of sodium bromide manufacturers and suppliers, necessitating strategic pricing and supply chain management practices to mitigate risks.
Government policies in Mexico pertaining to the sodium bromide market focus on industrial regulations, chemical safety standards, and environmental protection measures. The government institutes policies to ensure that sodium bromide manufacturers adhere to safety protocols to prevent chemical accidents and environmental contamination. Additionally, policies may include regulations on chemical waste disposal, emissions control measures, and monitoring of sodium bromide usage in various industries to mitigate environmental and health risks.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Sodium bromide Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Sodium bromide Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Sodium bromide Market - Industry Life Cycle |
3.4 Mexico Sodium bromide Market - Porter's Five Forces |
3.5 Mexico Sodium bromide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Mexico Sodium bromide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Mexico Sodium bromide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Mexico Sodium bromide Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Mexico Sodium bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Sodium bromide Market Trends |
6 Mexico Sodium bromide Market, By Types |
6.1 Mexico Sodium bromide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Mexico Sodium bromide Market Revenues & Volume, By Grade, 2018 - 2031F |
6.1.3 Mexico Sodium bromide Market Revenues & Volume, By Medical Grade, 2018 - 2031F |
6.1.4 Mexico Sodium bromide Market Revenues & Volume, By Industrial Grade, 2018 - 2031F |
6.1.5 Mexico Sodium bromide Market Revenues & Volume, By Agriculture Grade, 2018 - 2031F |
6.1.6 Mexico Sodium bromide Market Revenues & Volume, By Cosmetic Grade, 2018 - 2031F |
6.1.7 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Mexico Sodium bromide Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Mexico Sodium bromide Market Revenues & Volume, By Powder, 2018 - 2031F |
6.2.3 Mexico Sodium bromide Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.2.4 Mexico Sodium bromide Market Revenues & Volume, By Granular, 2018 - 2031F |
6.2.5 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Mexico Sodium bromide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Mexico Sodium bromide Market Revenues & Volume, By Printing and Dyeing, 2018 - 2031F |
6.3.3 Mexico Sodium bromide Market Revenues & Volume, By Medicine, 2018 - 2031F |
6.3.4 Mexico Sodium bromide Market Revenues & Volume, By Cleaning and Furnishing Care Products, 2018 - 2031F |
6.3.5 Mexico Sodium bromide Market Revenues & Volume, By Disinfectants, 2018 - 2031F |
6.3.6 Mexico Sodium bromide Market Revenues & Volume, By Petroleum, 2018 - 2031F |
6.3.7 Mexico Sodium bromide Market Revenues & Volume, By Water Treatment Products, 2018 - 2031F |
6.3.8 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.3.9 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 Mexico Sodium bromide Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Mexico Sodium bromide Market Revenues & Volume, By Water and Wastewater, 2018 - 2031F |
6.4.3 Mexico Sodium bromide Market Revenues & Volume, By Food and Nutrition, 2018 - 2031F |
6.4.4 Mexico Sodium bromide Market Revenues & Volume, By Oil and Gas, 2018 - 2031F |
6.4.5 Mexico Sodium bromide Market Revenues & Volume, By Construction, 2018 - 2031F |
6.4.6 Mexico Sodium bromide Market Revenues & Volume, By Coatings and Lubricants, 2018 - 2031F |
6.4.7 Mexico Sodium bromide Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.4.8 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.4.9 Mexico Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
7 Mexico Sodium bromide Market Import-Export Trade Statistics |
7.1 Mexico Sodium bromide Market Export to Major Countries |
7.2 Mexico Sodium bromide Market Imports from Major Countries |
8 Mexico Sodium bromide Market Key Performance Indicators |
9 Mexico Sodium bromide Market - Opportunity Assessment |
9.1 Mexico Sodium bromide Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Mexico Sodium bromide Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Mexico Sodium bromide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Mexico Sodium bromide Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Mexico Sodium bromide Market - Competitive Landscape |
10.1 Mexico Sodium bromide Market Revenue Share, By Companies, 2024 |
10.2 Mexico Sodium bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |