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Worldwide Dibromantin Market by 2024 Analyzed
in New Report: Global Market Insights Inc.
Dibromantin Market size is thriving and is projected to grow at moderate CAGR during the
forecast period. Dibromantin market has extensive application as disinfectant in water
treatment industry. Robust growth in the water treatment industry is likely to drive market
growth over the projected timeframe. It is due to prevailing trends of recycling waste water in
industries to avoid the additional cost. The product is also employed as bleaching agent in pulp
& paper industry. Pulp & paper industry is growing at a CAGR of over 4% which will
eventually have positively influence towards dibromantin market share in the coming years.
Dibromantin market has wide range of applications in industrial water cooling systems. It is
expected to positively impact on the industry size owing to prevailing industrial water cooling
systems across various industries including power generation, oil & gas, etc. Dibromantin
market has various other applications including medical intermediate in pharmaceutical
industry, as antimicrobial in swimming pools, sewage, food processing etc.
Availability of various product substitutes in industry which are capable of treating water
including biocides, flocculants, corrosion inhibitors, scale inhibitors etc. are likely to hamper
the dibromantin market size in the forecast period. There are plentiful bleaching agents
available in the market which is probable to negatively impact industry’s market size by 2024.
However, due to increasing applications of product across various end user industries, it is
expected to attain ample opportunities for the business growth during the forecast period.
The dibromantin market share is divided based on products purity including 98% purity
quotient and more than 98% purity quotient. Dibromantin having 98% purity has captured
maximum market share owing to widespread application across various end user industries.
Dibromantin having purity of more than 98%, is primarily used in critical processes and is also
priced higher compared to the former one in the market.
The dibromantin market is classified based on applications including disinfectant in water
treatment, bleaching agent in pulp & paper, medical intermediates in pharmaceutical industry,
industrial water cooling system and others. Water treatment contributes the most towards
increasing market share and is forecast to continue the trend by 2024. Water treatment includes
various process such as sterilization, disinfection for swimming pool and tap water, purification
etc. Rapidly changing trends in industry for recycling water to cut down additional cost is
anticipated to significantly contribute towards growing dibromantin market size over the
Growing trends in pulp & paper industry is likely to heavily contribute towards increasing
dibromantin market share of industry in the coming years. The product also has applications in
pharmaceutical industry as medical intermediates. Pharmaceutical industry is protruding due
to advancing R&D field across globe along with increasing health concerns. These
aforementioned factors anticipated to positively influence dibromantin market size over the
In North America, dibromantin market has captured the maximum share due to extensive
presence of major pharmaceutical companies in the U.S. There is intensifying awareness for
water treatment in industries to help protect environment by water recycling and reuse. It is
likely to contribute immensely towards growing dibromantin market size in North America.
Asia Pacific is anticipated to have a higher CAGR in the coming years. This is due to increasing
R&D activities in pharmaceutical sector in developing countries including India & China.
Greater focus on water treatment projects to control water pollution in Asia Pacific region will
eventually have positive influence on the industry’s business size in the coming years. Latin
America and the Middle East & Africa shall witness promising gains from 2017 to 2024 on
account of increasing government initiatives towards water reuse and recycle. Furthermore,
increasing personal care product sales in Brazil, Mexico, South Africa and GCC countries will
complement business growth.
The global dibromantin market size was highly competitive in 2016 due to presence of major
large and medium scale product manufacturers in the industry ecosystem. Key companies
involved in the business are X.T.Y Environ-Tech Co., Ltd., Alfa Aesar, Connect Chemicals
GmbH, AK Scientific, Inc., Tianjin Xinze Fine Chemical Co., Hebei Yaguang Fine Chemical,
Nanjing Shenning, DG Chemical Solutions., Yancheng City Huaou Industry Co., Ltd.,
Albemarle, Longkou Keda, Taicang Liyuan, etc.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research
and consulting service provider; offering syndicated and custom research reports along with
growth consulting services. Our business intelligence and industry research reports offer
clients with penetrative insights and actionable market data specially designed and presented
to aid strategic decision making. These exhaustive reports are designed via a proprietary
research methodology and are available for key industries such as chemicals, advanced
materials, technology, renewable energy and biotechnology.
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