The global bronopol market is expected to grow at a CAGR of around 5% during 2019-2024. Bronopol is a colorless, water-soluble organic compound, produced by the bromination of di(hydroxymethyl)-nitromethane. It is supplied as crystals or crystalline powder, which is usually available in the shades of white and pale yellow, depending on the grade of iron content. It is highly active against bacteria, fungi and yeasts and has high purity and tensile strength. Its biocidal uses include disinfection, product preservation, along with the preservation of fibers, leather and rubber. Due to its antimicrobial properties, it is extensively used for manufacturing medicines, cosmetics and personal care products such as lotions, makeup, perfumes and shampoos.
Increasing demand for drinkable water across the globe is the key factor driving the growth of the market. Bronopol is widely used in several water treatment plants to meet this ever-increasing demand as it kills various types of bacteria present in the water and makes it fit for drinking. Since water forms an indispensable part of industrial and residential activities, it is further contributing to the product demand. Moreover, industrial water systems are a potential environment for bacterial growth and bronopol assists in preventing contamination through corrosion and slime in industrial water recirculating plants. Additionally, increasing health awareness among consumers regarding the diseases caused by water-borne pathogens and bacterial growth is catalyzing the market growth. Also, rising activities in the oil and gas sector where bronopol is used to prevent corrosion due to bacterial contamination in hydraulic fracturing equipment are driving the product demand.
IMARC Group’s latest report provides a deep insight into the global bronopol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the bronopol market in any manner.
The report has also analyzed the competitive landscape of the market with some of the key players being BASF, Fujian Shaowu, Gayathri Chemicals and Agencies, The Dow Chemical Company, Symbolic Pharma, Shanghai Rich Chemicals, Sharon laboratories, Mani Agro Chemicals, Sai Supreme Chemicals, BQ Technology (HK) Company, Wuhan Fortuna Chemical, Weifang Haihua Yuanda Fine Chemicals, etc.
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