Bromopropane Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Bromopropane Market is segmented By Type (1-Bromopropane, 2-Bromopropane, Others), By Application (Pharmaceuticals, Industrial Cleaning Solvents, Electronics, Plastics, Dyes, Heavy-Duty Degreaser II, Others), By End User (Electronics, Healthcare, Industrial, Construction, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Bromopropane Market Overview

Report analyses the Global Bromopropane Market size, shares, recent trends, competitive intelligence, and future market outlook. Demand from Industrial, Construction, Electronics, Healthcare in Asia Pacific is rising. Competitive rivalry intensifies with Albemarle Corporation, Jinbiao Chemical, Fukang Pharmaceutical and others operating in the market.

Bromopropane is a type of organic chemical known as an alkyl halide and is substituted for one of the hydrogen atoms on propane's terminal carbon atom. Also, it is soluble in water and emits toxic fumes when heated to a high temperature. Moreover, bromopropane is the colorless liquid and cleaning agent used in various applications in the industry. In addition, it is also known by multiple chemical names such as propyl bromide, n-propyl, 1-bromopropane, Bromo, 1-propyl bromide and others.

Bromopropane Market Summary

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Bromopropane Market Dynamics

The bromopropane market is expected to grow by various significant factors such as increasing demand, rapid urbanization & industrialization and a wide range of application technological inventions. According to WHO, approximately 56% of the world’s population lives in urban areas and is expected to increase to 67% by 2050. This is the key factor to drive the bromopropane market during the forecast period.

Furthermore, the rise in bromopropane use in asphalt production is expected to boost the market growth. In addition, the use of wide-scale application of bromopropane in pharmaceuticals and electronics is expected to drive the market growth during the forecast period as pharmaceutical was valued at USD 1.25 trillion in 2019 and expected to grow with a significant CAGR during the forecast period.

However, improper use may cause health hazards to hinder the market growth during the forecast period. Moreover, the health effect includes irritation & inflammation of mucous membranes in the eyes, upper breath airways, nose and skin. The most severe side effects can involve neurological damage. Neurologic effects can appear as loss of consciousness, headaches, dizziness, slurred speech, difficulty walking, confusion, muscle twitching, and loss of feeling in arms and legs are expected to hinder the market's growth during the forecast period.

Bromopropane Market Segmentation Analysis

By type, the market is segmented into 1-bromopropane and 2-bromopropane and others. By application, the market is segmented into pharmaceuticals, industrial cleaning solvents, electronics, plastics, dyes, heavy-duty degreaser II and others. By end-user, the market is segmented into electronics, healthcare, industrial, construction and others

1-Bromopropane is a widely used type for bromopropane known as n-propyl bromide, which is an example of a class of chemical compounds known as alkyl bromides. Moreover, 1-bromopropane has grown in the last few years due to its eco-friendly nature, efficient vapour and immersion degreasing operations for cleaning metals, electronics, adhesive spray, optical components & plastics, dry cleaner, aircraft maintenance, solvent sprays and synthetic fibre fabrication. In addition, the huge application areas themselves reveal the worthiness of 1-bromopropane for industrial usage. 1-bromopropane has replaced methylene chloride, 1,1,1 trichloroethane (TCA), and perchloroethylene (PERC) in industrial application.

Furthermore, 1-bromopropane offers significant advantages such as low-cost solution, excellent solvency, ideal to use as cold wipe solvent & vapour degreasing solvent, non-ozone depleting, not from NESHA pollutants regulated, no hazardous or listed solvents, no unpleasant fumes and easily distillable & recyclable.

Global Bromopropane Market Geographical Share

The Asia Pacific is expected to dominate the region of the global market during the forecast period. The rise in population is expected to increase the demand for medicines, especially in developing countries like India and China. This is a key factor driving the demand for the pharmaceutical market in this region. Moreover, the global bromopropane market in South Africa is anticipated to expand at a slow pace due to the lack of technological advancements and an undeveloped economy. This is likely to hinder the market growth in the country. Moreover, the other region such as North America, Europe, is expected to contribute to significant market growth during the forecast period due to the increase in the pharmaceutical industry in these regions as total pharmaceutical sales numbers in North America are expected to reach USD 633 billion in 2024.

Bromopropane Market Companies and Competitive Landscape

The bromopropane market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Nova International, Albemarle Corporation, Chemtura, Shandong Weifang Longwei Industrial Co. Ltd., Solaris Chemtech Industries Limited, Jinbiao Chemical, Shandong Tongcheng Medicine Co. Ltd., ICL, Yancheng Biaoye Chemical, Fukang Pharmaceutical are the major player in the bromopropane market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the bromopropane market globally.

Nova International

The company manufacture 1-bromopropane, one of the purest and effective chemicals famed as N propyl bromide & propyl bromide in several industries, holds long life expectancy, precise composition, and specific pH chemical stability, and non-toxicity traits are the grounds behind colossal acclamation of 1-bromopropane. Moreover, the formulation of this 1-bromopropane is accomplished through advanced technology and an ingenious processing method consisting of mainly three stages, condensation, neutralization and fractionation, to produce an efficacious 1-bromopropane that stand out in terms of purity & stability. In addition, the formulated 1-bromopropane is colorless to a faint yellow color, has a 71 °C boiling point & -110 °C melting point, has touched the apex of demand as a replacement solvent for ozone chemicals or suspect carcinogens.