Global Boron Minerals and Boron Chemicals Market Growth 2023-2029

Global Boron Minerals and Boron Chemicals Market Growth 2023-2029

Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew water boron concentration is ranges from 0.5 to 9.0 ppm, while fresh water has very low boron concentration. Highly concentrated and economically feasible boron sources are generally found in the in arid areas with a history of volcanism or hydrothermal activities such as Turkey and United States. Open-pit mining method is used to mine large deposits of high grade beds of crude borax at the Kramer deposit in California and the Kirka deposit in Ankara, Turkey.

LPI (LP Information)' newest research report, the “Boron Minerals and Boron Chemicals Industry Forecast” looks at past sales and reviews total world Boron Minerals and Boron Chemicals sales in 2022, providing a comprehensive analysis by region and market sector of projected Boron Minerals and Boron Chemicals sales for 2023 through 2029. With Boron Minerals and Boron Chemicals sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boron Minerals and Boron Chemicals industry.

This Insight Report provides a comprehensive analysis of the global Boron Minerals and Boron Chemicals 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 Boron Minerals and Boron Chemicals portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boron Minerals and Boron Chemicals market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boron Minerals and Boron Chemicals 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 Boron Minerals and Boron Chemicals.

The global Boron Minerals and Boron Chemicals market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Glass and ceramic and chemicals are two industries which accounts for major consumption of boron minerals and its compounds. Recovering construction industry especially after financial downturn in North America and Western Europe is expected to drive demand for boron composite fiberglass. Agriculture is an essential need of a community and agriculture industry is expected to grow linear with growth in population. Growing demand for reinforced materials especially in Asia Pacific will drive the consumption of boron compounds. Value added application of boron compounds in alloy and metal industry is expected to drive overall consumption of boron minerals and its compounds at steady rate. However growing regulations over use of boron in personal care products may restrain the consumption of boron and its compounds.

This report presents a comprehensive overview, market shares, and growth opportunities of Boron Minerals and Boron Chemicals market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Boron Minerals
Boron Chemicals

Segmentation by application
Glass and Ceramics
Detergents and Bleaches
Alloy and Metals
Fire Retardants
Agrochemicals
Adhesive
Other

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 Maden
Rio Tinto Group
American Borate Company
Boron Specialist
Gremont Chemicals
Searles Valley Minerals
Orocobre
Rose Mill
Mitsui Chemicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boron Minerals and Boron Chemicals market?

What factors are driving Boron Minerals and Boron Chemicals market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boron Minerals and Boron Chemicals market opportunities vary by end market size?

How does Boron Minerals and Boron Chemicals 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.