Global Boron Market 2024-2028

Global Boron Market 2024-2028

The boron market is forecasted to grow by USD 1533.04 mn during 2023-2028, accelerating at a CAGR of 10.13% during the forecast period. The report on the boron market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand from developing countries, growing demand for energy-efficient buildings, and rise in consumer disposable income.

Technavio's boron market is segmented as below:

By Application

• Glass
• Fertilizers
• Ceramics
• Detergents
• Others

By End-user

• Construction
• Agriculture
• Personal care
• Automotive
• Others

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the growing demand from renewable energy sector as one of the prime reasons driving the boron market growth during the next few years. Also, increasing domestic use of agrochemicals and increase in global nuclear power capacity will lead to sizable demand in the market.

The report on the boron market covers the following areas:

• Boron market sizing
• Boron market forecast
• Boron market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading boron market vendors that include 3M Co., Alpha Chemika, American Borate Co., Boron Rubbers India, Boron Specialties LLC, Central Drug House P Ltd., Eti Maden isletmeleri Genel Mudurlugu, Goodfellow Cambridge Ltd., Minera Santa Rita Srl, MSE Supplies LLC, NANOGRAFI Co. Inc., Nanoshel LLC, Orocobre Ltd., Quiborax, Rose Mill Co., SB Boron Corp., SCL Italia Spa, Stanford Advanced Materials, Welvic Australia Pty Ltd., and Rio Tinto Ltd.. Also, the boron market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.