Global Sodium Bromide Market Size, Share, and COVID-19 Impact Analysis, By Product (Industrial, Medical, and Others), By Application (Oil & Gas, Water Treatment, Chemical Industry, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035

Global Sodium Bromide Market Size Insights Forecasts to 2035

• The Global Sodium Bromide Market Size Was Estimated at USD 268.80 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.65% from 2025 to 2035
• The Worldwide Sodium Bromide Market Size is Expected to Reach USD 492.20 Million by 2035
• North America is expected to grow the fastest during the forecast period.

According to a Research Report Published by Spherical Insights and Consulting, The Global Sodium Bromide Market Size was worth around USD 268.80 Million in 2024 and is predicted to Grow to around USD 492.20 Million by 2035 with a compound annual growth rate (CAGR) of 5.65% from 2025 to 2035. The market for sodium bromide offers opportunities due to its growing use in water treatment, oil drilling, and pharmaceuticals. This is being driven by technological developments, growing industrialization, and the growing need for efficient bromide-based solutions in both developed and emerging economies across the globe.

Global Sodium Bromide Market Forecast and Revenue Outlook

• 2024 Market Size: USD 268.80 Million
• 2035 Projected Market Size: USD 492.20 Million
• CAGR (2025-2035): 5.65%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing market

Market Overview

The worldwide manufacturing, distribution, and consumption of sodium bromide (NaBr), an inorganic substance used as a flexible halide salt in the medicinal and industrial industries, are all included in the sodium bromide market. The market is moderately concentrated among major players like Albemarle and ICL Group. It is primarily used as a clear brine fluid in oil and gas drilling for density control, a biocide in water treatment via hypobromous acid production, and a sedative-anticonvulsant in medical applications. The use of sodium bromide in flame retardants, water treatment, medicines, and oil and gas drilling fluids is driving the sodium bromide market. The development of new offshore and unconventional reserves, along with the growing worldwide need for energy, is driving up sodium bromide usage in this industry. The market is expanding due to the chemical industry's growing need for bromide compounds. Regional industrial expansion and shifting market conditions are driving the global sodium bromide production environment.    

Key Market Insights

• Asia Pacific is expected to account for the largest share in the sodium bromide market during the forecast period.
• In terms of product, the industrial segment is projected to lead the sodium bromide market throughout the forecast period
• In terms of application, the oil & gas segment captured the largest portion of the market

Sodium Bromide Market Trends

• The increasing demand for drilling and completion fluids from the oil and gas sector.
• Use in disinfection and water treatment applications is growing.
• The increasing use of sedatives and anticonvulsant formulations in the pharmaceutical industry.
• The growth of photography chemicals based on bromide in specialized image applications.
• In increasing demand from developing nations as a result of their quick modernization.
• Technological developments in chemical synthesis are improving the efficiency and purity of products.

Report Coverage

This research report categorizes the sodium bromide market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the sodium bromide market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the sodium bromide market.    

Driving factors

Growing industrialization, increased demand for efficient bromide-based solutions, and growing applications in emerging economies are the main factors propelling the sodium bromide market's expansion. The market is expanding due to the increasing usage of sodium bromide in a variety of applications, including water treatment, cleaning products, and drilling and cementing. Additionally, the market for sodium bromide is expanding due to the growing use of sodium bromide in the film and photographic industries. The expansion of sectors such as oil and gas, water treatment, healthcare, and photography is propelling this market's expansion.  Market expansion is also fueled by stringent mercury emission control laws because sodium bromide is a powerful mercury capture agent.  

Restraining Factor

The market for sodium bromide is restricted by a number of factors, including strict environmental regulations, volatile raw material prices, health and safety issues associated with bromide exposure, the availability of substitute chemicals, and high production costs that prevent widespread adoption and market growth.

Market Segmentation   

The global Sodium Bromide market is divided into product and application.

Global Sodium Bromide Market, By Product:

• The industrial segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.      

Based on product, the global sodium bromide market is segmented into industrial, medical, and others. Among these, the industrial segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The industrial grade sector is mostly used in large-scale applications like chemical synthesis, water treatment, and oil and gas drilling fluids. Sodium bromide's demand in the industrial sector is greatly increased by its extensive use as a transparent brine fluid in offshore drilling operations. The compound's supremacy is further cemented by its use as a biocide in industrial water treatment procedures.

The medical segment in the sodium bromide market is expected to grow at the fastest CAGR over the forecast period. The pharmaceutical industry is the main user of sodium bromide of medical grade. Particularly in specialized therapeutic fields, its use as a sedative and anticonvulsant is still essential. The medical grade's steady demand is ascribed to its proven application in formulations needing high-purity bromides, even though it is much smaller than the industrial segment.  

Global Sodium Bromide Market, By Application:

• The oil & gas segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.     

Based on application, the global sodium bromide market is segmented into oil & gas, water treatment, chemical industry, and others. Among these, the oil & gas segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. the oil and gas sector is as a clear brine fluid for well completion and drilling operations. The growth of offshore and unconventional drilling projects, along with the rising global need for energy, are the main factors driving sodium bromide use in this industry.  

The chemical industry segment in the sodium bromide market is expected to grow at the fastest CAGR over the forecast period. Sodium bromide is used as a precursor in the chemical industry to create a variety of bromine-based products, such as colors, medicines, and photographic chemicals. Its constant demand in specialized production is supported by its function as a catalyst and reactant in numerous chemical processes.    

Regional Segment Analysis of the Global Sodium Bromide Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific Sodium Bromide Market Trends

Asia Pacific is expected to hold the largest share of the global sodium bromide market over the forecast period.  

The Asia-Pacific region is propelled by swift industrialization, growing chemical production capabilities, and encouraging government programs that foster both industrial development and environmental security. A number of nations in the area, such as China, India, and Japan, have introduced laws promoting the growth of their own chemical industries and environmentally friendly production methods. Furthermore, the region's dominant position is reinforced by the rising need for flame retardants in textiles and electronics, which is being driven by fast urbanization and manufacturing expansion. In July 2025, Tosoh Corporation launched expanded ultra-pure sodium bromide production in Japan, while a Sino-Indian joint venture launched sustainable brine extraction in Gujarat, achieving 20% cost efficiency and strengthening regional leadership.  

China Sodium Bromide Market Trends

In addition to its extensive chemical manufacturing sector and rising demand in water treatment and pharmaceutical applications, China's sodium bromide industry is expanding rapidly thanks to strategic initiatives under the "Belt and Road" policy that make it easier to access foreign markets and raw materials. Together, these elements put China in a position to balance local concerns with those of international trade, making it a key player in the global market. 

Japan Sodium Bromide Market Trends

The Japan sodium bromide market is distinguished by its robust industrial infrastructure, sophisticated manufacturing technologies, and expanding demand from the water treatment, pharmaceutical, and electronics industries. The market is driven by Japan's emphasis on producing high-purity chemicals, which is backed by strict quality requirements and environmental regulations. The efficiency of production and export potential have been significantly improved by recent government measures supporting sustainable industrial growth and innovation in chemical processing.

North America Sodium Bromide Market Trends

North America is expected to grow at the fastest CAGR in the sodium bromide market during the forecast period.    

North America's continued use is supported by a robust research infrastructure and rising investments in pharmaceutical innovation. The sodium bromide industry in North America, especially in the United States and Canada, is a developed but continuously changing sector. Its use in flame retardants and pharmaceutical synthesis further supports the market, and robust domestic R&D and manufacturing capabilities maintain the market's steady demand. In July 2025, Albemarle announced a 6% increase in bromine derivatives production across North America, while TETRA Technologies launched low-toxicity sodium bromide formulations for offshore drilling, capturing a 28% regional market.

U.S Sodium Bromide Market Trends

The large-scale demand from the water treatment, pharmaceutical, and oil and gas sectors propels the sodium bromide market in the United States. Sodium bromide is frequently employed as a disinfectant precursor, in medicinal formulations, and as a high-density brine for drilling and completion fluids. Ongoing technological developments, such as the creation of high-purity and low-toxicity NaBr products, and calculated investments by major industry participants encourage market expansion. Furthermore, production and application techniques are influenced by regulatory frameworks that prioritize environmental compliance and safety.

Canada Sodium Bromide Market Trends

The demand from the chemical, water treatment, and oil and gas industries is propelling the steady growth of the sodium bromide market in Canada. The main uses of sodium bromide are as a disinfection precursor, a thick brine for drilling and completion fluids, and in a few therapeutic applications. Government programs encouraging environmental compliance and sustainable chemical manufacturing methods aid in the growth of the market.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global sodium bromide market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Worldwide Top Key Players In The Sodium Bromide Market Include

• ICL
• LANXESS
• Merck KGaA
• Tosoh Corporation
• Albemarle Corporation
• TETRA Technologies, Inc.
• Jordan Bromine Company
• Shandong Tianxin Pharma-Tech Co.,
• Shandong Tianyi Chemical Co., Ltd.
• Shandong Haiwang Chemical Co., Ltd.
• Others  

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent development

• In November 2023, Utico and Shandong Tianyi Chemical Co., Ltd. launched a groundbreaking USD 45.2 million joint venture in Ras Al Khaimah, establishing the GCC’s first circular economy project. It will extract industrial chemicals, including sodium bromide, from desalination brine, supporting UAE-China Belt and Road cooperation and the UAE’s sustainability goals.

• In January 2022, Shandong Haiwang Chemical Co., Ltd completed the sodium bromide expansion project at its Laos base in Gammon Province by early 2022. After a 78-day construction, the new facilities commissioned on January 3, significantly increasing production capacity. 

Market Segment  

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the sodium bromide market based on the following segments:

 Global Sodium Bromide Market, By Product

• Industrial
• Medical
• Others

Global Sodium Bromide Market, By Application

• Oil & Gas
• Water Treatment
• Chemical Industry
• Others

Global Sodium Bromide Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa