Global Borate Mineral Market Growth 2023-2029

Global Borate Mineral Market Growth 2023-2029

The borate minerals are minerals which contain a borate anion group. The borate (BO3) units may be polymerised similar to the SiO4 unit of the silicate mineral class. This results in B2O5, B3O6, B2O4 anions as well as more complex structures which include hydroxide or halogen anions.The [B(O,OH)4]− anion exists as well.
Many borate minerals, such as borax, colemanite, and ulexite, are salts: soft, readily soluble, and found in evaporite contexts. However, some, such as boracite, are hard and resistant to weathering, more similar to the silicates.
LPI (LP Information)' newest research report, the “Borate Mineral Industry Forecast” looks at past sales and reviews total world Borate Mineral sales in 2022, providing a comprehensive analysis by region and market sector of projected Borate Mineral sales for 2023 through 2029. With Borate Mineral sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Borate Mineral industry.
This Insight Report provides a comprehensive analysis of the global Borate Mineral landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Borate Mineral portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Borate Mineral market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Borate Mineral and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Borate Mineral.
The global Borate Mineral market size is projected to grow from US$ 1920.3 million in 2022 to US$ 2793.1 million in 2029; it is expected to grow at a CAGR of 2793.1 from 2023 to 2029.
Global Borate Mineral key players include Eti Mine Works, Rio Tinto (Borax), Quiborax, etc. Global top three manufacturers hold a share over 80%.
Asia Pacific is the largest market, with a share about 50%, followed by Europe, and North America, both have a share over 35 percent.
In terms of product, Borax is the largest segment, with a share over 70%. And in terms of application, the largest application is Glass, followed by Agriculture, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Borate Mineral market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Borax
Ulexite
Colemanite
Kernite
Others
Segmentation by application
Glass
Ceramics
Agriculture
Detergents
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eti Mine Works
Rio Tinto (Borax)
Quiborax
Inkabor
MCC Russian Bor
Minera Santa Rita
Orocobre
Searles Valley Minerals

Key Questions Addressed in this Report
What is the 10-year outlook for the global Borate Mineral market?
What factors are driving Borate Mineral market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Borate Mineral market opportunities vary by end market size?
How does Borate Mineral break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.