Global Dibromo Alkane Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Type (1,3-Dibromo Propane, 1,4-Dibromobutane, Ethylene Dibromide, 1-Bromo, 3- Chloropropane, 3 Bromo phenol, 4 Bromo phenol, N-butyl Chloride, and Meta Bromo Nitro Benzene), Application (Pharmaceutical, Agriculture, Consumer goods, Chemicals, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) – Industry Analysis (2024 to 2029)

Updated On: June, 2024
ID: 12342
Pages: 150

Global Dibromo Alkane Market Size (2024 to 2029)

The global Dibromo Alkane Market was valued at US$ 479 million in 2023 and is anticipated to reach US$ 609 million by 2029, witnessing a CAGR of 4.1% during the forecast period 2024 to 2029.

Current Scenario of the Global Dibromo Alkane Market

Bromine, methylene chlorobromide, and ethylene make dibromo alkanes, acetylene, and hydrobromic acid. Dibromo alkanes are colorless chemicals with a sweet or chloroform odor in nature. Dibromo alkanes are thick, have a high boiling point, and contain a lot of moisture. Water-insoluble dibromo alkanes are very soluble in ether and alcohol. Dibromo alkanes are used in refrigerants and fire extinguishers because of their excellent qualities, such as extended moisture content, high density, insolubility in water, and a high boiling point. Ethylene dibromide, 1, 3-dibromopropane, 1-Bromo, 3-chloropropane, and other dibromo alkanes are most often utilized. Ethylene Dibromide is a heavy colorless liquid widely used in agriculture as a fumigant for crops after harvest. In addition, it is used as a quarantine fumigant for tropical fruits as well as zesty vegetables. It's also used as a termite and Japanese beetle control gas and beehive fumigation and as a gum and wax solvent. 1, 3-Dibromopropane is a colorless to light brown liquid used as an intermediary in manufacturing dyes, herbicides, and pharmaceuticals. It's also utilized in cyclopropane synthesis. These types of dibromo alkane tend to increase the global dibromo alkane market growth during the forecast period.

MARKET DRIVERS AND RESTRAINTS

The market for dibromo alkane is being driven by rising demand from end-use industries such as agriculture, as well as the many features of ethylene dibromide, such as its application in pesticides, flame retardants, and fumigants.

Due to the current pandemic situation, the excellent benefits of applying 1, 4-Dibromobutane in the pharmaceutical sector, which aids in synthesizing organic molecules, are expected to expand. In addition, the rising demand for food is driving up demand for agricultural products, which will drive up demand for dibromo alkane shortly. In addition, 1, 4-Dibromobutane is a colorless, odorless liquid. It's a common intermediate in the synthesis of organic compounds and medicines, and 1-Bromo, 3-Chloropropane is primarily engaged as a chemical intermediate in producing cyclomethycaine and fluphenazine and a reaction step in the production of gamma chlorophyll derivatives. It's also used as an ion exchange agent in industries and consumer items like laundry and dishwashing detergents. As a result, the advantages of these two dibromo alkane types are further responsible for the global dibromo alkane market growth in the upcoming years.

The single main factor limiting market expansion is regulations on the chemical ethylene dibromide, which is too poisonous for animals and humans and pollutes water when used as a soil fumigant, posing a health risk. It is now forbidden in the United States, limiting growth in that region. Another major stumbling block to the global dibromo alkane market is the growing worry over the hazardous effects of brominated flame retardants on human health, further stifling the global dibromo alkane market. Exposure to this gas can induce conjunctivitis, and throat and lung infection, and acute exposure can be lethal, causing internal organ damage and other complications.

Impact of COVID-19 on the Global Dibromo Alkane Market

The current COVID crisis, which is present in every country and state, has led to a significant change in the economic growth of all regions, which has impacted the chemical industry as well. The same can be said for the fertilizer and herbicide industries, severely harmed by the pandemic. Because China, as a major producer and user of raw materials for pesticides and fertilizers, has been disrupted, the dibromo alkane market has suffered as a result, as it is mainly utilized in agriculture as fumigants and pesticides. After China, the most badly afflicted country is India, the world's second-most populous country that relies heavily on agriculture, harming the dibromo alkane market; nevertheless, due to its use in pharmaceuticals, 1, 4-dibromo butane is predicted to be the least affected during the pandemic era.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

4.1%

Segments Covered

By Type, Application, and Region.

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

 

Market Leaders Profiled

Gulf Resources Inc., Mody Chemi Pharma Ltd., Ester India, A.B. Enterprises, Dhruv Chem Industries, Chemtura Corporation, Morre-Tec Industries Inc., Honeywell International Inc., Lanxess AG, Jordon Bromine Company Limited, and Others.

 

SEGMENTAL ANALYSIS

Global Dibromo Alkane Market By Type

Based on type, ethylene dibromide is expected to have a significant global dibromo alkane market share during the forecast period. Ethylene dibromide was once utilized as a leaded gasoline additive; however, as leaded gasoline is no longer available, it is no longer used for this purpose. Ethylene dibromide was used as a fumigant to protect citrus, vegetable, and grain crops from insects, pests, and nematodes, as well as a fumigant for turf, particularly on golf courses. The EPA outlawed its usage as a soil and grain fumigant in 1984. Ethylene dibromide is used to manage wax moths in beehives and treat felled logs for bark beetles and termites. Dyes, resins, waxes, and gums all use ethylene dibromide as an intermediary.

Moreover, Ethylene dibromide, like chloroform, is a colorless liquid with a slightly pleasant odor. 1, 2-dibromomethane is another name for it. (1, 7). In water, ethylene dibromide is only mildly soluble. (1, 7). On the other hand, intermediate 1, 4-dibromobutane is employed to produce active medicinal ingredients and other chemical molecules. It's also utilized to look at the metabolism of two halopropanes, 1, 3-dichloropropane and 2, 2-dichloropropane. It also serves as a reagent for forming diazadioxa ox vanadium (IV) macrocyclic complexes, and 3-Bromophenol is an inhibitor of enzymes. It's used to make 3-bromophenyl ester by reacting with benzoyl chloride in the presence of a catalyst like triethylamine. It is used as an intermediary in producing medicines, agrochemicals, dyestuffs, and organic synthesis. Therefore, these two types of dibromo alkanes are anticipated to hold significant global dibromo alkane market growth in the upcoming years.

Global Dibromo Alkane Market By Application

Based on application, the agriculture sector is anticipated to have a significant global dibromo alkane market share from 2024 to 2029.

One of the types of dibromo alkane is 1, 2- dibromo, 3-chloropropane is widely utilized in the agriculture sector. The chemical's former use as a soil fumigant (fumes that rid vermin or disinfect) and nematocide (worm killer) on a variety of crops, as well as unintentional release from hazardous waste sites that contain the chemical, are the primary sources of 1,2-dibromo-3-chloropropane (C3H5Br2Cl) in the environment. However, because all registered applications as a pesticide were canceled by the U.S. Environmental Protection Agency (EPA) in 1985, there have been no recent reportable discharges of 1, 2-dibromo-3-chloropropane to the air, water, or soil. In particular locations, drinking water that may have been contaminated, where the chemical was used for agricultural reasons, or food supplies cultivated in soil that may still contain residues are the most likely sources of exposure for the general public to 1,2-dibromo-3-chloropropane. However, it is unlikely that the general public will be exposed to amounts of 1,2-dibromo-3-chloropropane in drinking water or food that are high enough to cause health problems.

DETAILED SEGMENTATION OF THE GLOBAL DIBROMO ALKANE MARKET INCLUDED IN THIS REPORT

This research report on the global dibromo alkane market has been segmented and sub-segmented based on type, application, and region.

By Type

  • 1, 3-Dibromo Propane
  • 1, 4-Dibromobutane
  • Ethylene Dibromide
  • 1-Bromo, 3- Chloropropane
  • 3 Bromo phenol
  • 4 Bromo phenol
  • N-butyl Chloride
  • Meta Bromo Nitro Benzene

By Application

  • Pharmaceutical
  • Agriculture
  • Consumer goods
  • Chemicals
  • Others

By Region

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America
  • The Middle East and Africa 

KEY MARKET PLAYERS

Gulf Resources Inc., Mody Chemi Pharma Ltd., Ester India, A.B. Enterprises, Dhruv chem industries, Chemtura Corporation, Morre-Tec Industries Inc., Honeywell International Inc., Lanxess AG, Jordon Bromine Company Limited are some of the notable companies in the global Dibromo Alkane market.

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