This report researches the worldwide Boron market size value, capacity, production and consumption in key regions like North America, Europe, Asia Pacific China, Japan and other regions.
This study categorizes the global Boron breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis.
Boron was named for the mineral borax, thought to come from the Persian name burah for that mineral. Boron minerals, mainly borax, were traded over a thousand years ago, when sheep, camel and yak caravans brought borax from desert salt beds in Persia and Tibet to India and the Arab countries. There it was used mainly in making glass.
The major ores of boron are a small number of borate boron oxide minerals, including ulexite NaCaB5O9.8H2O, borax Na2B4O5OH4.8H2O, colemanite Ca2B6O11.5H2O and kernite Na2B4O6OH2.3H2O. These minerals form when boronbearing waters percolate into inland desert lakes and evaporate, leaving layers of borates, chlorides, and sulfates. These minerals are referred to as evaporite minerals. Very large deposits of evaporite boron minerals are found in the United States especially California, Turkey, Chile and Argentina. Lessimportant deposits occur in Iran formerly called Persia, and elsewhere.
Boron is widely used in glass industry, ceramics industry, agriculture industry, detergents industry as well as other industry. Among those applications, demand from the glass industry is the largest. In 2017, about 48.58% boron went into the glass industry, while ceramic industry held 19.18% consumption globally.
Global demand of boron increased to 1992 K MT in 2017 from 1706 K MT in 2012. Turkey and USA contributes about 75% output globally. When considering the consumption, North America and Asia become the key consumers. In 2017, the two regions consumed 77.99% boron totally.
Global Boron market size will increase to 2900 Million US$ by 2025, from 2040 Million US$ in 2017, at a CAGR of 4.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Boron.
This report focuses on the top manufacturers Boron capacity, production, value, price and market share of Boron in global market. The following manufacturers are covered in this report:
Searles Valley Minerals
Minera Santa Rita
Boron Breakdown Data by Type
Salt Lake Source
Boron Breakdown Data by Application
Boron Production Breakdown Data by Region
Boron Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Boron capacity, production, value, consumption, status and forecast;
To focus on the key Boron manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Boron :
History Year: 20132017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.