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Potassium Bromide Price Trend Analysis 2026: Latest News, Market Insights, Historical Prices, Supply Demand Analysis & Price Drivers
Potassium Bromide Price Trend Q1 2024
Potassium Bromide is predominantly manufactured via raw materials, potassium hydroxide, and bromine, therefore its market price is closely tied to the performance of the latter.
In the first quarter of 2024, the market for potassium bromide showed a downturn across several regions due to reduced demand from chemical, industrial, and pharmaceutical sectors. In Asia, notably China and India, there was a noticeable decrease in domestic prices from January through March, with market trends generally pointing downwards. This was influenced by geopolitical uncertainties affecting global trade.
Similarly, in Europe, the conflict between Russia and Ukraine disrupted trade, leading to decreased demand in the downstream sectors and causing prices to fluctuate and generally trend downwards due to adequate existing stock levels.
In North America, the market saw a sharp decline in prices at the beginning of the quarter, followed by a gradual stabilization towards the end as demands started to align better with supply, influenced by the variations in potassium hydroxide prices. The North American market thus ended the quarter with mixed sentiments, reflecting an initial slump but later showing signs of recovery as inventory moved and market dynamics began to improve.
Analyst Insight
According to Procurement Resource, Potassium Bromide prices are expected to continue wavering in a similar manner going forward; a sluggish market performance is expected.
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About Potassium Bromide
Potassium bromide (KBr) is a chemical compound used extensively as a sedative and anticonvulsant in veterinary medicine. It is also employed in photographic processing, where it helps form images on films and plates. Additionally, potassium bromide is utilized in optical applications to enhance the properties of optical glass, and in fire retardants for improving the safety of plastics and textiles. In the laboratory, it serves as a reagent in chemical synthesis and as a calibration standard in spectroscopy.
Potassium Bromide Product Detail
Hs Code
28275120
Chemical Formula
KBr
Cas Number
7758-02-
Molecular Weight
119.00 g/mol
Industrial Uses
Photography, Pharmaceuticals, Fire Retardants, Optical Applications, Chemical Synthesis, Flame Spectroscopy, Drilling Fluids
Supplier Database
Perekop Bromine, Nantong Guangrong, Weifang YuKai, Shandong Sinobrom Albemarle, Twin International, Shouguang Honghai, Dongying Bromate, Suzhou Yingke Biotechnology, Dongying Ruineng, Weifang Binhai Geruite
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Potassium Bromide Production Process
- Potassium Bromide Production by the chemical reaction between potassium hydroxide and bromine.
The production begins with the chemical reaction between a hot potassium hydroxide solution and elemental bromine, which results in the formation of potassium bromide as the end product.
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