The scale of sodium bromide production and sales continues to expand, and the industry has broad room for development

Sodium bromide is an inorganic compound with the chemical formula NaBr. It appears as colorless cubic crystals or white powder. It is odorless, easily soluble in water, slightly soluble in alcohol, and insoluble in cold ether. Sodium bromide is an important pharmaceutical intermediate and chemical raw material. It has the characteristics of high melting point, high boiling point, good conductivity, strong oxidation, and good chemical stability. It is used in medicine, chemical industry, pesticides, spices, photosensitivity, dyes and other fields. More extensive.

Specifically, sodium bromide is mainly used in the pharmaceutical field to make hypnotics, sedatives, diuretics, anticonvulsant drugs, etc.; in the chemical industry, it is mainly used to make bromine, hydrogen bromide, silver bromide, ethyl bromide, etc.; In the field of photosensitivity, it is mainly used to make film photosensitive fluid; in the field of printing and dyeing, it is used to make brominating agents; in the field of spices, it is used to make synthetic spices such as β-phenylethyl alcohol; in the field of pesticides, it is used to make methyl bromide, deltamethrin, and dibromomethane. Phosphorus and other bromine-containing pesticides.

In recent years, driven by the rapid development of its application fields, my country’s sodium bromide market demand has continued to increase and its scale has continued to expand. In 2021, the domestic diuretic market size has exceeded 56 billion yuan; the sedative-hypnotic market size has reached 6.42 billion yuan, a year-on-year increase of 11.5%; bromine production has reached 1.57 billion yuan, a year-on-year increase of 5.9%. In this context, according to the “Sodium Bromide Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2022-2026” released by the Industrial Research Center shows that the domestic market demand for sodium bromide will reach 39,000 tons in 2021, a year-on-year increase of 22.2%; the market size has reached 121,000 tons, a year-on-year increase of 152.1%.

The main production methods of sodium bromide include sodium hydroxide reduction method, neutralization method, urea reduction method, ion exchange method, etc. Among them, the ion exchange method has the characteristics of low cost, sufficient supply of raw materials, low production difficulty, and green and environmental protection. It is one of the mainstream methods for domestic enterprises to prepare sodium bromide. At present, under the background that domestic sodium bromide production technology has become mature and the supply of raw materials is stable, its output has shown a continuous growth trend. In 2021, domestic sodium bromide output will reach 28,000 tons, a year-on-year increase of 16.7%.

At present, my country’s sodium bromide market is showing a situation of rising supply and demand, and the industry development trend is improving. However, judging from the current situation of domestic sodium bromide production and demand in 2021, its market is still in short supply, and the supply and demand market is out of balance. At this stage, domestic sodium bromide companies include Element Chemical, Tianfu Chemical, Shandong Haihua, Lubei Chemical, Yake Technology, Zhejiang Pharmaceutical, Taiji Group, Beiyuan Group, etc.

Industrial analysts personnel said that as an important pharmaceutical, pesticide intermediate and chemical raw material, sodium bromide has a wide range of applications and market demand. It is vast and has good prospects for industry development. However, the domestic sodium bromide market is still in short supply. In the future, local sodium bromide companies will need to continuously upgrade their technology and expand production capacity to promote the continuous optimization of the market supply and demand pattern, thereby promoting the high-quality development of the domestic sodium bromide industry.