Product Code: ETC096886 | 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 Singapore Sodium bromide Market is projected to witness mixed growth rate patterns during 2025 to 2029. From -0.00% in 2025, the growth rate steadily ascends to -0.00% in 2029.
Singapore's Sodium bromide market is anticipated to experience a negative growth rate of -0.00% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
Sodium bromide is a chemical compound with various applications, including in the oil and gas industry, as a disinfectant, and in the pharmaceutical sector. The Singapore sodium bromide market has witnessed steady demand from these sectors. In the oil and gas industry, sodium bromide is used as a completion fluid in drilling operations. The pharmaceutical industry employs it in the synthesis of certain drugs. Moreover, its role as a disinfectant in water treatment and other applications contributes to its market stability. Singapore`s reputation for quality chemicals and its strategic location for international trade further support the sodium bromide market. While market growth may be influenced by global economic factors, the diversified applications of sodium bromide are expected to sustain demand in the foreseeable future.
The Singapore sodium bromide market is expected to grow steadily. Sodium bromide is used in various industrial processes, including pharmaceuticals, oil and gas drilling, and photography. The country`s robust industrial sector and its strategic location as a regional hub for trade make it a significant consumer of sodium bromide. Additionally, the increasing demand for high-quality chemicals in various industries is likely to drive the growth of this market in Singapore.
In the sodium bromide market in Singapore, challenges include fluctuations in the prices of raw materials, which can affect production costs and pricing strategies. Environmental regulations and concerns regarding the disposal of waste by-products in the manufacturing process can also pose challenges. Furthermore, competition from alternative chemicals and compounds can impact the demand for sodium bromide in various industries.
The Singapore sodium bromide market faced supply chain disruptions during the pandemic, affecting the chemical industry`s operations. Global trade restrictions and fluctuations in raw material prices impacted product availability and pricing. The demand for sodium bromide, used in various applications such as drilling fluids and pharmaceuticals, remained stable. As the global economy recovers, the market is likely to stabilize, with a focus on ensuring a robust and resilient supply chain to meet diverse industry needs.
The sodium bromide market in Singapore is expected to witness steady growth in the coming years. This can be attributed to the increasing demand from various industries such as pharmaceuticals, oil and gas, and water treatment. Key players in this market include Albemarle Corporation, Tata Chemicals, ICL Group, Chemtura Corporation, Albion Chemicals. These companies have a strong presence in the region and are known for their high-quality sodium bromide products.
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 Singapore Sodium bromide Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Sodium bromide Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Sodium bromide Market - Industry Life Cycle |
3.4 Singapore Sodium bromide Market - Porter's Five Forces |
3.5 Singapore Sodium bromide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Singapore Sodium bromide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Singapore Sodium bromide Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Singapore Sodium bromide Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Singapore Sodium bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Sodium bromide Market Trends |
6 Singapore Sodium bromide Market, By Types |
6.1 Singapore Sodium bromide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Singapore Sodium bromide Market Revenues & Volume, By Grade, 2018 - 2031F |
6.1.3 Singapore Sodium bromide Market Revenues & Volume, By Medical Grade, 2018 - 2031F |
6.1.4 Singapore Sodium bromide Market Revenues & Volume, By Industrial Grade, 2018 - 2031F |
6.1.5 Singapore Sodium bromide Market Revenues & Volume, By Agriculture Grade, 2018 - 2031F |
6.1.6 Singapore Sodium bromide Market Revenues & Volume, By Cosmetic Grade, 2018 - 2031F |
6.1.7 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.2 Singapore Sodium bromide Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Singapore Sodium bromide Market Revenues & Volume, By Powder, 2018 - 2031F |
6.2.3 Singapore Sodium bromide Market Revenues & Volume, By Liquid, 2018 - 2031F |
6.2.4 Singapore Sodium bromide Market Revenues & Volume, By Granular, 2018 - 2031F |
6.2.5 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 Singapore Sodium bromide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Sodium bromide Market Revenues & Volume, By Printing and Dyeing, 2018 - 2031F |
6.3.3 Singapore Sodium bromide Market Revenues & Volume, By Medicine, 2018 - 2031F |
6.3.4 Singapore Sodium bromide Market Revenues & Volume, By Cleaning and Furnishing Care Products, 2018 - 2031F |
6.3.5 Singapore Sodium bromide Market Revenues & Volume, By Disinfectants, 2018 - 2031F |
6.3.6 Singapore Sodium bromide Market Revenues & Volume, By Petroleum, 2018 - 2031F |
6.3.7 Singapore Sodium bromide Market Revenues & Volume, By Water Treatment Products, 2018 - 2031F |
6.3.8 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.3.9 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 Singapore Sodium bromide Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Singapore Sodium bromide Market Revenues & Volume, By Water and Wastewater, 2018 - 2031F |
6.4.3 Singapore Sodium bromide Market Revenues & Volume, By Food and Nutrition, 2018 - 2031F |
6.4.4 Singapore Sodium bromide Market Revenues & Volume, By Oil and Gas, 2018 - 2031F |
6.4.5 Singapore Sodium bromide Market Revenues & Volume, By Construction, 2018 - 2031F |
6.4.6 Singapore Sodium bromide Market Revenues & Volume, By Coatings and Lubricants, 2018 - 2031F |
6.4.7 Singapore Sodium bromide Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.4.8 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
6.4.9 Singapore Sodium bromide Market Revenues & Volume, By Others, 2018 - 2031F |
7 Singapore Sodium bromide Market Import-Export Trade Statistics |
7.1 Singapore Sodium bromide Market Export to Major Countries |
7.2 Singapore Sodium bromide Market Imports from Major Countries |
8 Singapore Sodium bromide Market Key Performance Indicators |
9 Singapore Sodium bromide Market - Opportunity Assessment |
9.1 Singapore Sodium bromide Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Singapore Sodium bromide Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Singapore Sodium bromide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Singapore Sodium bromide Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Singapore Sodium bromide Market - Competitive Landscape |
10.1 Singapore Sodium bromide Market Revenue Share, By Companies, 2024 |
10.2 Singapore Sodium bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |