Global Bromine Market size is likely to reach close to USD 9 billion by 2024 projecting a CAGR of around 13% over the projected time frame. Bromine is a naturally occurring element and is widely used as a reactant, catalyst, and an element for synthesizing various products such as biocides, water disinfectant, agrochemicals, flame retardants, dyes, photographic chemicals, completion fluids and pharmaceutical intermediates. This is due to continually rising production of bromine for automobile, agriculture and electronic industry where as oil and gas contributes the most for growing market. Strong growth in oil and gas drilling sector contributes as a major driving force for the market due to requirement of product derivatives as completion fluid to mitigate possibility of damage to well bore. Organobromine derivative is extensively used as flame retardant in automotive and electronic industry where as ethyl and methyl bromides are used as fumigants in agriculture industry. Electronic, automotive and agriculture is anticipated to show considerable growth by 2024 thereby contributing towards rising production of the product globally.