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Global Boron Market Size, Share, Industry Outlook Forecast 2018-2025

Global Boron Market Size provides an in-depth insights on sales, trends, market share, and growth rate. The market conditions of leading top countries analyzed in this research study including the product price, profit, capacity, production, capacit
Adroit Market Research
Global Boron Market
Drivers, Restraints, Potential Growth Opportunities,
Vendor Competitive Landscape, Trends and Forecast
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Adroit Market Research
Global Boron Market Size, Status and Forecast 2018-2025
• The Global Boron market size is anticipated to grow at a moderate CAGR of xx% and reach to USD xx Million by 2025
mounting from USD xx Million in 2017 over the forecast period. One of the major factors driving the boron market growth
is increasing demand for electronic products and rising penetration of fiberglass in markets predictably held by steel and
concrete. Moreover, penetration of fiberglass in turbine blades for wind power generation is also anticipated to positively
impact development of global boron market. Besides, growth of construction industry, is also leading to higher fiberglass
demand for communal construction for instance bridges and roads is estimated to provide the global boron market with
new opportunities. On the other hand, low availability of boron, complex process of manufacturing and enormously
concentrated reserves are major restraints towards the growth of boron market.
• Boron has been named for the mineral borax, derived from the Persian name burah for that mineral. It is a chemical
element that is produced with the process known as cosmic ray spallation. Boron finds its usage in several products that
are used in day to day activities for instance composites used in car body panels, LCD screens, glass wool for loft insulation
and others in the form of ferro boron, borosilicate glass, insulation-grade materials as well as fiberglass. Furthermore,
major end-use industries, using boron as their raw material include agriculture, glass, ceramics, pharmaceuticals,
detergents and others.
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Global Boron Market Size, Status and Forecast 2018-2025
• Geographical segmentation of global boron market is led by Europe acquiring largest share in terms of supply. This is
because of the substantial reserves in Turkey that accounts for more than one third of the total reserve across the world.
Further, Europe was trailed by Latin America as well as North America respectively. Additionally, Asia Pacific is the largest
consumer of boron market, on account of rising demand for fiberglass in several industries including electronic products &
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Global Boron Market Size, Status and Forecast 2018-2025
• Key players operating in the boron market across the globe include Boron Specialities LLC., Boron Molecular, 3M, Eti
Maden, SB Boron, Ceradyne Inc., Rio Tinto, Quiborax, Dalian Jinma Boron Technology Group Co. Ltd., Borax Argentina,
Manufacturas Los Andes, Searles Valley Minerals, Mudanjiang Jingangzuan Boron Carbide and ETI mines.
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