N-Bromosuccinimide Market Expected to Reach $28.5 Million by 2032

N-Bromosuccinimide Market

Report Code : A56526

quote The N-Bromosuccinimide market is expected to possess high growth potential in the coming years, due to increase in demand for specialty chemicals and a surge in pharmaceutical industry which is driving the N-Bromosuccinimide market. However, the high cost of production is hampering the market. In addition, growing awareness and adoption of green chemistry principles are providing the market with lucrative opportunities in the future. quote

Yerukola Eswara Prasad - Manager
Materials and Chemicals at Allied Market Research

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According to a new report published by Allied Market Research, titled, “N-Bromosuccinimide Market," The n-bromosuccinimide market was valued at $21.11 million in 2022, and is estimated to reach $28.5 million by 2032, growing at a CAGR of 3.2% from 2023 to 2032. Asia-Pacific is projected as the fastest-growing region with a CAGR of 3.5%.


N-Bromosuccinimide (NBS) is a versatile chemical compound primarily used as a brominating agent in organic synthesis. It is a white crystalline solid that readily dissociates in solution to release bromine radicals, which selectively substitute hydrogen atoms in allylic or benzylic positions of organic molecules. NBS finds extensive application in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Its controlled bromination reactions are crucial in the preparation of compounds like steroids, alkaloids, and fragrances. In addition, NBS is employed in laboratory settings for various functional group transformations, including dehydrogenations, oxidative cleavage, and radical reactions, owing to its mild and selective reactivity.

Market Dynamics

The growing demand for agrochemicals is poised to drive significant growth in the N-Bromosuccinimide market size. As the global population continues to increase, there is a parallel rise in the demand for food production to meet the needs of a burgeoning population. As per the FAO, the global population is projected to hit 9 billion by 2050. This rising population is driving a substantial need for food supplies to sustain it, posing a significant challenge due to diminishing farmland. For example, in 2021, the utilized agricultural area in the UK was roughly 17.23 million hectares, a decrease from 17.27 million hectares in 2020. This reduction in agricultural land is anticipated to increase the pressure on existing farmland to produce more food.

Agrochemicals play a crucial role in achieving high yields by safeguarding crops against pests and diseases. According to a FAO report, approximately 40% of global crops are lost annually due to pests and diseases. To address these challenges and enhance production, the demand for crop protection chemicals is expected to rise. FAO data from 2020 indicates that herbicide usage worldwide approached 1.4 million metric tons, while fungicides and bactericides consumption stood at roughly 606 thousand and 471 thousand metric tons, respectively.

NBS, with its bromine-based properties, finds extensive applications in the synthesis of agrochemicals, particularly pesticides and herbicides. Its efficacy in facilitating various chemical reactions makes it a valuable reagent in the production of these agricultural inputs. Furthermore, NBS offers several advantages in the synthesis of agrochemicals, including its ability to selectively brominate organic compounds, thereby enabling the production of specific active ingredients with desirable properties.

In addition, NBS is favored for its stability and ease of handling, contributing to its widespread use in agrochemical manufacturing processes. With the agriculture sector witnessing continuous advancements and innovations to address evolving challenges such as pest resistance and environmental sustainability, the demand for NBS is expected to escalate further. This growing demand for agrochemicals, coupled with the indispensable role of NBS in their synthesis, positions the NBS market for robust growth in the foreseeable future.

The high cost of production stands as a formidable barrier to the N-Bromosuccinimide market growth. The synthesis of NBS involves complex processes and requires specialized equipment, along with raw materials that can be expensive to procure. The primary precursor for NBS production is succinimide, which undergoes bromination to yield NBS. Bromine, an essential raw material, often comes with a hefty price tag due to its limited natural abundance and extraction complexities. In addition, the synthesis process itself may demand stringent reaction conditions, specialized catalysts, or energy-intensive procedures, all contributing to elevated production costs.

These high costs are further compounded by the need for stringent quality control measures to ensure product purity and consistency, adding additional expenses to the production process. Consequently, manufacturers may face challenges in offering competitive pricing for NBS, limiting its affordability and accessibility to potential consumers. Moreover, high production costs may discourage investment in research and development efforts aimed at optimizing production processes or finding cost-effective alternatives, thereby constraining innovation within the NBS market. Thus, the high cost of production poses a significant hindrance to market expansion, potentially impeding the adoption of NBS in various industries and applications where cost considerations play a pivotal role in decision-making processes.

The growing awareness and adoption of green chemistry principles presents a significant and lucrative opportunity for the N-Bromosuccinimide market share. Green chemistry focuses on designing chemical products and processes that minimize the use and generation of hazardous substances, reduce waste, and conserve energy and resources. As a versatile reagent with mild reaction conditions and high selectivity, NBS aligns well with the principles of green chemistry. It offers several advantages over traditional bromination reagents, such as bromine and hydrobromic acid, which are often associated with safety hazards and environmental concerns.

By promoting the use of NBS in various applications, including pharmaceutical synthesis, chemical manufacturing, and specialty chemical production, the adoption of green chemistry principles creates a growing demand for NBS as a safer and more sustainable alternative. In addition, regulatory initiatives and incentives aimed at promoting environmentally friendly practices further drive the market for NBS. As industries increasingly prioritize sustainability and environmental responsibility, the NBS market stands to benefit significantly from the shift towards green chemistry, positioning itself as a key player in the sustainable chemical industry landscape.

Segments Overview

The N-Bromosuccinimide market is segmented based on content, application, and region. By content, the market is bifurcated into content 99% and content 98%. By application, it is categorized into pharmaceutical industry, pesticides industry, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

On the basis of the content, the N-Bromosuccinimide market is classified into content 99% and content 98%. Content 99% is projected to be the fastest-growing segment and the segment has garnered the highest share in the N-Bromosuccinimide market analysis.

By application, the N-Bromosuccinimide market is classified into pharmaceutical industry, pesticides industry, and others. Pesticides industry is projected to be the fastest-growing segment and pharmaceutical industry has garnered the highest share in the N-Bromosuccinimide market trend.

The major players operating in the global N-Bromosuccinimide market are Nanjing Suru Chemical Co., Ltd., HALIDES CHEMICALS PVT. LTD., Anhui Wotu Chemical Co., Ltd., Yizheng East Chemical Co., Ltd., Jiangxi Dasuo Chemical Co., Ltd., Purecha Group, Zhejiang Kente Catalysts Technologies Co., Ltd., SAMUH LAXMI CHEMICALS (BOM) P. LTD., Resins & Allied Products Maharashtra, India, and MODY CHEMI PHARMA LTD.  

Other players include HARIKRISHNA ENTERPRISE, Global Pharma Chem., Haihang Industry, Fengchen Group Co., Ltd., Spectrum Chemical, and Clever Pathway Private Limited.

Regional Analysis

Region-wise, Asia-Pacific is projected to register robust growth during the forecast period in N-Bromosuccinimide industry. The increasing demand for N-Bromosuccinimide (NBS) in the Asia-Pacific region can be attributed to several factors. The region's growing pharmaceutical and chemical industries necessitate NBS for various synthesis processes, including pharmaceutical intermediates and specialty chemicals. In addition, rising awareness and adoption of bromination reactions in organic synthesis further boost demand.

Furthermore, advancements in research and development activities in sectors like healthcare and materials science drive up the need for NBS as a reagent. Lastly, expanding industrialization and infrastructure development across Asia-Pacific fuel demand for NBS in water treatment applications.

According to the Ministry of Jal Shakti of the Government of India, the percentage of rural people with access to safe and adequate drinking water within premises climbed to 61.52% in FY 2022, up from 55.23% in FY2021. Furthermore, the Indian government intends to supply safe and adequate drinking water to the whole population by 2024 or 2025. It will increase the number of municipal water treatment plants throughout the country.

Furthermore, the increasing shortage of fresh water, as well as different environmental measures, are expected to increase municipal trash recycling and water reuse.

For example, in June 2022, China Everbright Water, an environmental protection business that specializes in water environment management, secured the expansion and upgrade project for the ZhangdianEast Chemical Industry Park Industrial Wastewater Treatment in Zibo City, Shandong Province. This project will follow a BOT (Build-Operate-Transfer) paradigm, with a daily industrial wastewater treatment capacity of approximately 5,000 m3.

Key Findings of the Study

  • By content, the content 99% segment is projected to be the fastest-growing segment in terms of revenue, during the forecast period.
  • Depending on the application, the pharmaceutical industry segment is expected to be the leading segment during the forecast period.
  • Region-wise, Asia-Pacific garnered a major share in 2022 in terms of revenue.

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quote N-Bromosuccinimide Market by Content (Content 99, Content 98), by Application (Pharmaceutical Industry, Pesticides Industry, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 quote

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