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The lead bromide market deals with the production and distribution of this inorganic compound, which has applications in the pharmaceutical, chemical synthesis, and photography industries. Rising demand in the pharmaceutical and water treatment sectors is leading to growth in the market.
Despite its many uses, lead bromide is both a health and environmental hazard. Lead bromide is a toxic heavy metal that is hazardous to aquatic life and has long-term effects on soil and sediment. The heavy metal has also been classified as carcinogenic to humans. These factors limit demand for the compound. However, the market is poised for notable growth due to technological innovation and the development of environmentally sustainable alternatives. Growing investment in research around green chemicals and the increasing demand from the solar energy industry is expected to lead to the development of new formulations. These are expected to sustain growth in the lead bromide market during the next few years.
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By Application
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Stats ID: | 5493 |
Format: | Databook |
Published: | October 2024 |
Delivery: | Immediate |
Stats ID: | 5493 |
Format: | Databook |
Published: | October 2024 |
Delivery: | Immediate |
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