Sodium Bromide Market size was valued at US$ 1.31 Bn. in 2021 and the total Sodium Bromide revenue is expected to grow at 5.1% through 2022 to 2029, reaching nearly US$ 1.95 Bn.
Sodium Bromide Market Report Scope: Calcium Chloride Melt
This comprehensive report delves into the global sodium bromide market, encompassing market definition, segmentation, trends, and the competitive landscape. It also provides detailed forecasts for market size, growth rate, and market share.
Sodium Bromide Market Research Methodology:
The research methodology employed in this report encompasses primary and secondary research. Primary research involves in-depth interviews with industry experts, end users, and analysts. Secondary research entails analyzing published reports, industry data, and government statistics.
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What are Sodium Bromide Market Dynamics:
In organic synthesis, sodium bromide is frequently used to create other bromide compounds. In the Finkelstein reaction, sodium bromide serves as the source of the bromide nucleophile that converts alkyl chlorides into more potent alkyl bromide. Alkyl bromide is produced when sodium bromide is treated with chloride alkyl, and sodium chloride is the byproduct. Silver bromide, a salt that is sensitive to light, is also made with NaBr.
Sodium Bromide Market Regional Insights:
Asia Pacific currently dominates the sodium bromide market, followed by North America and Europe. The growth in the Asia Pacific market is driven by the expanding pharmaceutical and chemical industries, while the growth in North America is fueled by the increasing demand for fire-retardant materials and the growing prevalence of epilepsy. The growth in the European market is attributed to the expanding use of sodium bromide in various chemical processes and the growing demand for effective antiepileptic drugs.
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What is Sodium Bromide Market Segmentation:
During the above mentioned forecast period, the adverse effects of bromide therapy are anticipated to impede the pharmaceutical segment's expansion. Common side effects of bromide medication include neuropsychiatric deficits (sleepiness, restlessness or hyperactivity, ataxia), excessive urination, and vomiting. Use of bromide may also increase the risk of pancreatitis. The toxic level of bromide in blood is referred to as bromism. Clinical signs of bromatosis include aberrant mental activity, vertigo, and damage to either the top or bottom motor neurons.
In animal medicine, sodium bromide is a halide anti-epileptic used to treat seizures. Antiepileptic medications containing bromide work by hyperpolarizing neurons by the intracellular movement of bromide ions via chloride channels. Mixed potassium bromide, or NaBr product, is the form in which bromide is administered. Because it is not metabolised, bromide is excreted in urine in an unchanged state. In veterinary medicine, potassium bromide has been effectively used to reduce seizure frequency in 70% to 75% of dogs with epilepsy. It is not recommended to use bromide on cats as it may result in pneumonitis, which could be fatal.
According to End-Use Industry, throughout the previously stated forecast period, the pharmaceutical segment is anticipated to increase at the fastest rate—3.4%. This growth rate is consistent with both its low toxicity and common use in tranquillizers.
Who are Sodium Bromide Market Key Players:
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Barium Chloride Liquid Table of content for the Sodium Bromide Market includes: