N-bromosuccinimide Market to Signify Strong Growth by 2023-2030
N-bromosuccinimide Market Overview: The N-bromosuccinimide market has witnessed significant growth in recent years due to the increasing N-bromosuccinimide demand for chemical intermediates and the expanding pharmaceutical industry. NBS finds extensive use in the synthesis of brominated compounds, pharmaceuticals, polymers, and other specialty chemicals. The market size is expected to reach USD 21.11 Million by 2030, with a CAGR of 1.1% during the forecast period 2023-2030. N-bromosuccinimide, also known as NBS, is an organic compound with the molecular formula C4H4BrNO2. It is a white crystalline solid that is readily soluble in organic solvents. NBS is a powerful brominating and oxidizing agent used in various chemical reactions, particularly in the field of organic synthesis. Market Definition: N-bromosuccinimide (NBS) is a versatile brominating agent widely used in various chemical and pharmaceutical applications. With its unique properties and broad range of N-bromosucc...