Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Carbon Tetrabromide Market size was USD 1.8 billion in 2024 and is estimated to reach USD 2.8 billion by the end of 2037, expanding at a CAGR of 3.8% during the forecast period, i.e., 2025-2037. In 2025, the industry size of carbon tetrabromide is evaluated at USD 1.9 billion.
The global carbon tetrabromide market’s expansion is ascribed to its growing use as grease, wax, and other industrial oil solvents in industrial settings. Carbon tetrabromide is widely used in industrial degreases and oil-removal agents, particularly in automotive, metalworking, and electronic industries, where effective cleaning of engine parts, mechanical components, and precision instruments is essential. It is also widely employed as a chemical catalyst to convert alcohols into alkyl bromides in the Appel reaction. Aldehyde molecules are changed into terminal alkynes by the Corey-Fuchs reaction. Carbon tetrabromide is also used to make photochemical chemicals. Furthermore, in organic synthesis processes, carbon tetrabromide serves as an electron acceptor. Additionally, its application in the oil and gas sector, especially in drilling fluids and refinery cleaning, further boosts the carbon tetrabromide market demand.
Furthermore, the component pricing of carbon tetrabromide (CBr4) is positively impacting its market growth by making it a cost-effective alternative to other industrial solvents and specialty chemicals. Additionally, compared to some chlorinated and fluorinated solvents, CBr4 provides similar functionality at a lower cost, driving its demand in industries looking for efficient yet affordable chemical solutions.
Below is a table providing insights on the pricing scenario of carbon tetrabromide:
|
Manufacturer |
Compound |
Quantity |
Price (USD) |
Year |
|
AK Scientific |
Carbon Tetrabromide |
500g |
356 |
2021 |
|
Alfa Aesar |
Carbon Tetrabromide, 98% (dry wt.), may cont. up to a 6% water |
500g |
244 |
2024 |
|
Azepine |
Carbon Tetrabromide 98 |
100g |
49 |
2021 |
|
Biorbyt Ltd. |
CBr4 |
10μg |
290.7 |
2021 |
|
Biosynth Carbosynth |
Carbon Tetrabromide |
500g |
400 |
2021 |
|
Matrix Scientific |
Carbon Tetrabromide 95%+ |
2.500g |
215 |
2021 |
Carbon Tetrabromide Market: Growth Drivers and Challenges
Growth Drivers
- Increasing use in the production of pharmaceutical drugs: A crucial intermediary in the creation of numerous pharmacological medications and active components, especially complex chemical compounds and brominated derivatives, is carbon tetrabromide. Demand for carbon tetrabromide has increased due to several factors, including the aging of the world's population, the rising prevalence of various illnesses, and the pharmaceutical industry's continuous research and development efforts.
Chemical intermediates such as carbon tetrabromide are becoming necessary as pharmaceutical companies strive to create novel and inventive medicine compositions. Many drugs contain heterocyclic structures, and CBr4 is used in the synthesis of these rings. It helps in the formation of pyrroles, furans, and thiophenes, which are essential components in antiviral, antifungal, and anticancer drugs. According to the International Society for Infectious Diseases estimates there are 6.5 million invasive fungal infections worldwide each year, which are linked to about 3.8 million deaths, of which 2.5 million (68%; range 35-90%) are directly caused by the infections. With a frightening 85.2% mortality rate, invasive aspergillosis affects approximately 2.1 million individuals annually, primarily those with lung or blood malignancy, chronic obstructive pulmonary disease, and intensive care patients. Therefore, the increasing prevalence of fungal infections, cancer, and viral is fueling the carbo tetrabromide market. - Increased shift towards sustainability: The production of numerous specialty chemicals and materials used in the pharmaceutical, agrochemical, and other industries depends heavily on carbon tetrabromide due to its special qualities, which include high reactivity, thermal stability, and the capacity to undergo a wide range of chemical transformations. Carbon tetrabromide has also become more widely used as a result of the chemical industry's greater focus on creating sustainable and environmentally friendly production methods. Environmentally friendly techniques can be used to generate this chemical compound, which is consistent with the industry's move toward more sustainable operations.
Challenges
- Environmental & health concerns: If not handled or disposed of appropriately, carbon tetrabromide is a hazardous and persistent material that can harm both the environment and human health. The carbon tetrabromide market may also be constrained by the availability of substitute chemicals and manufacturing techniques that can be used in place of carbon tetrabromide in specific applications. The demand for carbon tetrabromide in particular end-use sectors may be constrained by these substitutes, which may provide distinct performance attributes or be seen as more ecologically friendly.
- Stringent regulations: Manufacturers and end users now have to pay more to comply with strict restrictions and safety requirements put in place by regulatory agencies like the U.S. Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA), which may restrict the market's expansion. Furthermore, the market may face difficulties due to the possibility of mishaps and spills when handling carbon tetrabromide, which could result in heightened regulatory oversight.
Carbon Tetrabromide Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
3.8% |
|
Base Year Market Size (2024) |
USD 1.8 billion |
|
Forecast Year Market Size (2037) |
USD 2.8 billion |
|
Regional Scope |
|
Carbon Tetrabromide Segmentation
Type (Powder, Granules, Suspension)
The suspension segment in carbon tetrabromide market is anticipated to gain a notable share during the projected period. Carbon tetrachloride is a common ingredient in liquid grain fumigation. This mixture volatilizes and creates the strongest vapor when applied as a liquid to prevent insect infestation in stored grains. Additionally, carbon tetrachloride is used as a pesticide to kill insects found in grain. The Food and Agriculture Organization revealed that 3.70 million tons (Mt) of active substances were used in agriculture in 2022, which was a doubling since 1990 and a 4% rise over 2021. It also represented a 13% growth in just 10 years. Therefore, the increasing demand for pesticides is propelling the suspension segment.
Application (Chemical Reagent, Chemical Intermediate, Solvent, Additive, Others)
The chemical reagent segment is set to capture over 47.8% carbon tetrabromide market share by 2037. Tetrachloromethane, also referred to as carbon tetrachloride, is a chemical intermediate that is used to create a variety of products, including fertilizers, insecticides, fire extinguishers, agrochemicals, and chlorine. It functions as a solvent in the synthesis of both organic and inorganic molecules, among other chemical products. The chemical sector is expanding profitably as a result of development drivers such as growing output of organic and inorganic chemicals, a growing need for specialty chemicals, and a well-established base of chemical manufacture. It is anticipated that the growing demand for a range of chemical products, as well as the expanding use of both organic and inorganic chemicals, will boost the requirement for carbon tetrabromide as a chemical feedstock for chemical production.
Our in-depth analysis of the global carbon tetrabromide market includes the following segments:
|
Type |
|
|
Application |
|
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Customize this ReportCarbon Tetrabromide Industry - Regional Synopsis
North America Market Statistics
North America in carbon tetrabromide market is set to capture over 46.4% revenue share by 2037. The market is expanding owing to the region’s strong petrochemical sector relying on carbon tetrabromide for oil well drilling fluids and refinery cleaning, while the pharmaceutical industry utilizes it as a reagent in drug synthesis. Additionally, the expanding electronics industry, particularly in the U.S., uses CBr4 in semiconductor and precision cleaning applications. Stringent fire safety regulations have also driven demand for brominated flame retardants, further boosting the market. The presence of advanced R&D facilities, technological innovations, and key chemical manufacturers in the region supports the steady expansion of carbon tetrabromide applications, making the region a significant contributor to global carbon tetrabromide market growth.
In Canada, the demand for carbon tetrabromide is driven by its applications in the chemical industry and other sectors. Also, the pricing of this compound varies depending on the supplier and the quantity purchased. These prices are subject to change based on factors such as purity levels, supplier pricing strategies, and carbon tetrabromide market demand.
This table provides TCI America’s pricing of carbon tetrabromide in Canada:
|
Compound |
Quantity |
Price |
|
Carbon Tetrabromide 99.0+% (T00385G) |
25 grams |
USD 47.40 |
|
Carbon Tetrabromide 99.0+% (T0038100G) |
100 grams |
USD 130.35 |
|
Carbon Tetrabromide 99.0+% (T0038500G) |
500 grams |
USD 525.35 |
APAC Market Analysis
Asia Pacific carbon tetrabromide market is expected to grow at a significant rate during the projected period. The region's potential for successful expansion of carbon tetrachloride is influenced by several factors, including rising urbanization, a robust manufacturing base, and a well-established chemical industry foundation. The UN-Habitat Organization reported that one of the defining megatrends in the Asia-Pacific area is still urbanization. Asia is home to about 2.2 billion people or 54% of the world's metropolitan population. Asia's urban population is predicted to increase by 50% by 2050, or about 1.2 billion people. Moreover, the rapid growth of the chemical industry in the region can be attributed to urbanization, an existing manufacturing infrastructure, and the increasing demand for specialty chemicals, petrochemicals, and agrochemicals.
Furthermore, India’s expanding chemical and pharmaceutical sector heavily relies on CBr4 as a brominating agent and intermediate in drug synthesis, while the agrochemical industry uses it for pesticide production. Additionally, its application in flame retardants is gaining traction due to stricter fire safety regulations in construction and manufacturing. The rising need for high-performance solvents in industrial degreasing and oil extraction further boosts demand. Moreover, India’s growing bromine production capacity, supported by rich reserves ensures a steady supply of raw materials, making domestic production cost-effective. For instance, in 2023, 3,500 metric tons of bromine were produced in India. That was significantly less than the 10,000 metric tons of bromine produced in India in 2019, which was the greatest production volume. India was the sixth-largest producer of bromine in the world in 2023.
In China, growing oil and gas exploration activities are increasing the use of CBr4 in drilling fluids and refining processes. Moreover, China’s role as a major exporter of specialty chemicals supports the global supply chain, strengthening its market position. With ongoing industrial advancements and regulatory support, the carbon tetrabromide market in China is expected to continue expanding.
Companies Dominating the Carbon Tetrabromide Market
- Shanghai Qian Chemical Co., Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Dayang chem (Hangzhou) Co., Ltd.
- Klüber Lubrication
- Clariter ZA
- Alfa Aesar
- Acme Chemicals
- American Elements
- Acros Organics B.V.B.A.
- Toronto Research Chemicals Inc.
- Ashley Polymers
The carbon tetrabromide market will continue to grow as a result of major companies in the industry making significant investments in R&D to broaden their product ranges. Important market developments include new product releases, contractual agreements, mergers and acquisitions, increased investments, and cooperation with other organizations. Market participants are also engaging in a range of strategic actions to broaden their presence. The carbon tetrabromide industry needs to provide affordable products to grow and thrive in a more competitive and expanding carbon tetrabromide market environment.
In the News
- In May 2024, Klüber Lubrication, a global expert in specialized lubricants, announced a significant extension of its operations facility in Mysore, which is expected to be completely operational by the beginning of 2027. Klüber India's production factory in Mysore currently spans 17000 square meters and produces world-class specialized lubricants.
- In January 2023, Clariter, a worldwide cleantech firm, and TotalEnergies Fluids, a subsidiary of TotalEnergies, launched the world's first sustainable ultra-pure solvent derived from plastic trash. Ultra-pure solvents are used in pharmaceutical, cosmetic, and other high-end markets that require safe, colorless, odorless, and tasteless products that fulfill the strictest pharmacopeia purity requirements.
Author Credits: Rajrani Baghel
- Report ID: 7120
- Published Date: Feb 07, 2025
- Report Format: PDF, PPT
