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

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Global Boron Market

• Drivers, Restraints, Potential Growth
  Opportunities, Vendor Competitive Landscape,
  Trends and Forecast 2018

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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 automotive.
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  rts/boron-market

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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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