The Europe N-Bromosuccinimide Market would witness market growth of 2.8% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 68.24 tonnes, showcasing a growth of 11.8% (2020-2023).
Content 98 N-Bromosuccinimide (NBS) is a chemical compound widely used in organic synthesis and as a brominating agent due to its high purity level of 98%. Its molecular formula, C4H4BrNO2, highlights its composition containing bromine, carbon, hydrogen, nitrogen, and oxygen atoms. NBS is valued for its selective bromination capabilities, commonly employed to introduce bromine atoms into various organic molecules, including alkenes and aromatic compounds, under mild reaction conditions. Thus, the Germany market consumed 7.38 tonnes of Content 98 N-Bromosuccinimide (NBS) in 2023.
The Germany market dominated the Europe N-Bromosuccinimide Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,296.7 Thousands by 2031. The UK market is exhibiting a CAGR of 2.5% during (2024 - 2031). Additionally, The France market would experience a CAGR of 3.2% during (2024 - 2031).
N-bromosuccinimide is employed in polymer chemistry for the bromination of polymers and monomers. Brominated polymers exhibit enhanced flame retardancy, thermal stability, and chemical resistance. Brominated polymers find applications in industries such as electronics, automotive, and construction, where fire safety and durability are paramount. NBS-mediated bromination reactions can be used to functionalize polymer chains, allowing for the introduction of bromine-containing groups with specific properties.
Furthermore, the agrochemical industry utilizes this chemical for the synthesis of pesticide intermediates and herbicides. Brominated compounds derived from NBS exhibit pesticidal properties, making them effective in crop protection and pest management. NBS-mediated bromination reactions enable the synthesis of active ingredients in agricultural chemicals, contributing to food security and agricultural productivity.
Among EU countries, the volume of pesticides sold in 2021 were highest in Spain (21% of the EU total), France (20%), Germany and Italy (both 14%). These four countries are some of the EU’s main agricultural producers. Also, Europe has been witnessing a growing trend towards sustainable agriculture, with an emphasis on reducing chemical inputs and promoting environmentally friendly farming practices. This shift may lead to a decline in the use of conventional pesticides, including those synthesized using NBS, in favor of alternative pest management strategies such as integrated pest management (IPM) or organic farming methods. In conclusion, the rising sales of pesticides in the region is driving the growth of the market.
Free Valuable Insights: The Global N-Bromosuccinimide Market will Hit USD 26.2 Million by 2031, at a CAGR of 3.1%
Based on Content, the market is segmented into Content 99%, and Content 98%. Based on Application, the market is segmented into Pharmaceutical Industry, Pesticides Industry, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Content (Volume, Tonnes, USD Million, 2020-31)
By Application (Volume, Tonnes, USD Million, 2020-31)
By Country (Volume, Tonnes, USD Million, 2020-31)
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