| Product Code: ETC096868 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United Kingdom import trend for sodium bromide in 2024 experienced a significant decline, with a growth rate of -50.72% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -33.32%. This decline could be attributed to shifts in demand dynamics or changes in market conditions influencing import momentum.
The United Kingdom (UK) sodium bromide market is driven by its diverse applications across various industries such as pharmaceuticals, oil and gas, and chemical manufacturing. Sodium bromide is primarily used as a precursor for the synthesis of other bromine compounds, as a sedative in pharmaceuticals, and as a completion fluid in oil and gas drilling operations. The market in the UK is influenced by factors such as increasing demand for oilfield chemicals, growth in pharmaceutical production, and stringent regulations promoting the use of environmentally friendly chemicals. Key players in the UK sodium bromide market include chemical manufacturers, pharmaceutical companies, and oilfield service providers. With a focus on innovation, product development, and sustainable practices, the market is expected to witness steady growth in the coming years.
In the United Kingdom, the Sodium bromide market is experiencing growth driven by increasing demand from various industries such as oil and gas, pharmaceuticals, and chemical manufacturing. The market is witnessing a trend towards the use of Sodium bromide in oilfield applications for enhanced oil recovery and drilling fluids due to its effectiveness in controlling viscosity and fluid density. Additionally, the pharmaceutical industry is utilizing Sodium bromide in the production of sedatives and anticonvulsant medications, further boosting market growth. Manufacturers are focusing on developing innovative products and expanding their production capacities to meet the rising demand. Regulatory approvals and compliance with safety standards are also key factors shaping the Sodium bromide market in the UK.
In the United Kingdom (UK), the Sodium bromide market faces several challenges. One significant challenge is the increasing regulatory scrutiny and restrictions on the use of brominated chemicals due to their environmental impact. This has led to a decline in demand for Sodium bromide in certain applications, such as flame retardants and drilling fluids. Another challenge is the competition from other alternative chemicals that offer similar properties at a lower cost. Additionally, fluctuations in raw material prices and supply chain disruptions can impact the market dynamics, leading to uncertainty for both suppliers and manufacturers. Adapting to these regulatory changes, exploring new applications, and focusing on sustainability initiatives will be crucial for companies operating in the Sodium bromide market in the UK.
In the United Kingdom, the sodium bromide market presents investment opportunities due to its diverse applications across industries such as pharmaceuticals, oil and gas, and water treatment. With the increasing focus on environmental regulations and water treatment processes, there is a growing demand for sodium bromide as a key component in various treatment solutions. Additionally, the pharmaceutical sector`s need for sodium bromide in the manufacturing of certain medications further contributes to market growth. Investors can explore opportunities in supplying high-quality sodium bromide to these industries, as well as investing in research and development to innovate new applications for the compound. Furthermore, potential collaborations with key industry players and strategic partnerships can drive growth and market penetration in the UK sodium bromide market.
Government policies related to the United Kingdom Sodium bromide Market primarily focus on regulations set by the Health and Safety Executive (HSE) and the Environment Agency to ensure the safe handling, storage, and disposal of sodium bromide. The Control of Substances Hazardous to Health (COSHH) Regulations require employers to assess and control risks associated with sodium bromide exposure in the workplace, while the Environmental Permitting Regulations govern the environmental impact of sodium bromide production and usage. Additionally, the UK government has been aligning its policies with the European Chemicals Agency (ECHA) regulations to ensure compliance with REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) requirements for sodium bromide imports and exports. Overall, these policies aim to safeguard human health, protect the environment, and promote responsible sodium bromide management practices in the UK market.
The future outlook for the United Kingdom Sodium bromide market appears to be positive, with steady growth expected over the next few years. The demand for sodium bromide is likely to increase due to its wide range of applications in industries such as oil and gas, pharmaceuticals, and water treatment. Additionally, the growing focus on environmental regulations and the need for efficient water treatment solutions are expected to drive the market further. The UK government`s initiatives to promote sustainable practices and the increasing investments in research and development of sodium bromide products are also factors that will contribute to the market`s growth. Overall, the UK sodium bromide market is poised for expansion and is likely to offer opportunities for market players in the coming years.
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 United Kingdom (UK) Sodium bromide Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Sodium bromide Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Sodium bromide Market - Industry Life Cycle |
3.4 United Kingdom (UK) Sodium bromide Market - Porter's Five Forces |
3.5 United Kingdom (UK) Sodium bromide Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 United Kingdom (UK) Sodium bromide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 United Kingdom (UK) Sodium bromide Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 United Kingdom (UK) Sodium bromide Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 United Kingdom (UK) Sodium bromide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sodium bromide in various industries such as pharmaceuticals, oil gas, and chemical manufacturing. |
4.2.2 Growing emphasis on water treatment and desalination projects, where sodium bromide is used as a disinfectant. |
4.2.3 Investments in research and development activities to enhance the applications and properties of sodium bromide. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in sodium bromide production. |
4.3.2 Stringent regulations regarding environmental impact and safety concerns associated with the use of sodium bromide. |
4.3.3 Competition from alternative products or substitutes in the market. |
5 United Kingdom (UK) Sodium bromide Market Trends |
6 United Kingdom (UK) Sodium bromide Market, By Types |
6.1 United Kingdom (UK) Sodium bromide Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Grade, 2018 - 2027F |
6.1.3 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Medical Grade, 2018 - 2027F |
6.1.4 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Industrial Grade, 2018 - 2027F |
6.1.5 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Agriculture Grade, 2018 - 2027F |
6.1.6 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Cosmetic Grade, 2018 - 2027F |
6.1.7 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 United Kingdom (UK) Sodium bromide Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Powder, 2018 - 2027F |
6.2.3 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Liquid, 2018 - 2027F |
6.2.4 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Granular, 2018 - 2027F |
6.2.5 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.3 United Kingdom (UK) Sodium bromide Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Printing and Dyeing, 2018 - 2027F |
6.3.3 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Medicine, 2018 - 2027F |
6.3.4 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Cleaning and Furnishing Care Products, 2018 - 2027F |
6.3.5 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Disinfectants, 2018 - 2027F |
6.3.6 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Petroleum, 2018 - 2027F |
6.3.7 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Water Treatment Products, 2018 - 2027F |
6.3.8 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.3.9 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 United Kingdom (UK) Sodium bromide Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Water and Wastewater, 2018 - 2027F |
6.4.3 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Food and Nutrition, 2018 - 2027F |
6.4.4 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Oil and Gas, 2018 - 2027F |
6.4.5 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Construction, 2018 - 2027F |
6.4.6 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Coatings and Lubricants, 2018 - 2027F |
6.4.7 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Pharmaceutical, 2018 - 2027F |
6.4.8 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
6.4.9 United Kingdom (UK) Sodium bromide Market Revenues & Volume, By Others, 2018 - 2027F |
7 United Kingdom (UK) Sodium bromide Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Sodium bromide Market Export to Major Countries |
7.2 United Kingdom (UK) Sodium bromide Market Imports from Major Countries |
8 United Kingdom (UK) Sodium bromide Market Key Performance Indicators |
8.1 Research and development expenditure dedicated to sodium bromide innovation and improvement. |
8.2 Number of new applications or industries adopting the use of sodium bromide. |
8.3 Environmental compliance metrics related to sodium bromide production and usage. |
9 United Kingdom (UK) Sodium bromide Market - Opportunity Assessment |
9.1 United Kingdom (UK) Sodium bromide Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 United Kingdom (UK) Sodium bromide Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 United Kingdom (UK) Sodium bromide Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 United Kingdom (UK) Sodium bromide Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 United Kingdom (UK) Sodium bromide Market - Competitive Landscape |
10.1 United Kingdom (UK) Sodium bromide Market Revenue Share, By Companies, 2021 |
10.2 United Kingdom (UK) Sodium bromide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |