Epoxy curing agent News Bromine production cannot meet market demand. my country’s annual import volume of bromine is relatively high.

Bromine production cannot meet market demand. my country’s annual import volume of bromine is relatively high.

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Brome production cannot meet market demand and my country's annual bromine import volume is relatively high

Bromine is an important chemical raw material and an important subdivision of the marine chemical industry. It can derive many chemical products, such as inorganic bromide, bromate, and bromine, etc., and has high application value. Currently, bromine is mainly used in flame retardants, medicines, refrigerants, petrochemicals, pesticides and other fields. It has a wide range of applications and high market demand.
The place with the highest bromine content in the world is the Dead Sea in Israel, so Israel has the highest bromine production in the world. The United States is the world’s largest producer of bromine. my country’s bromine production capacity is mainly concentrated in Shandong, accounting for about 80% of the total domestic bromine production. According to different sources, bromine can be divided into brine bromine and seawater bromine, among which seawater bromine has a higher yield. In terms of application, bromine is currently mainly used as a flame retardant, and the application demand in this field accounts for about 60% of the total demand for bromine.
Shouguang, Shandong Province is an important bromine production area in China. The area has more than 30 bromine production companies, such as Brother Industrial, Weidong Chemical, Shenrunfa Marine Chemical, Puer Chemical, etc. Haihua Group is one of the largest bromine manufacturers in my country, with annual output accounting for 12% of the global total. Globally, bromine production companies include American Albemarle, Chemtura, and Israel Chemicals Group. The above three companies are large in scale and account for about 60% of the total global bromine production. In addition, there are countries such as Jordan Bromine Company and Japan’s Tosoh that can produce bromine.
According to the “China Bromine Industry Market Supply and Demand Status and Development Trend Forecast Report 2022-2026” released by the Industrial Research Center, the global Among them, bromine production shows a rapid growth trend. In 2017, global bromine production was approximately 400,000 tons, and will increase to 500,000 tons per year by 2021. my country has few bromine resources, bromine production continues to decrease, bromine supply contradictions become increasingly prominent, and market demand relies on imports. my country’s bromine is mainly imported from the United States, Israel, and India. The import volume showed a fluctuating growth trend, reaching 61,000 tons in 2019. However, due to the impact of the new coronavirus epidemic, the import and export trade was hindered, and my country’s bromine import volume dropped significantly. In 2021, my country’s bromine import volume will be approximately 51,000 tons.
From the perspective of industry development, my country’s bromine resources are scarce, annual output continues to decline, and annual imports are relatively high. In order to achieve domestic substitution, my country still needs to continuously develop new bromine resources and improve bromine production technology. At present, my country’s bromine market demand is relatively stable, the industry is relatively stable, and the price changes are relatively small.
Industrial analysts said that bromine, as an important marine chemical raw material, has a wide range of applications and has stable demand in domestic and foreign markets. increase. In the world, the region with the richest bromine resources is Israel, so Israel has become an important bromine supplier in the world. my country’s bromine resources are mainly concentrated in Shandong, and the resources are small and the output is low, which cannot meet the market demand. my country’s annual import volume of bromine is relatively high.
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