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:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
12.75%
CAGR
10.13%
Incremental Value
$1533.04mn
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.
Table of Contents
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
4 Historic Market Size
4.1 Global boron market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Application
6.1 Market segments
6.2 Comparison by Application
6.3 Glass - Market size and forecast 2023-2028
6.4 Fertilizers - Market size and forecast 2023-2028
6.5 Ceramics - Market size and forecast 2023-2028
6.6 Detergents - Market size and forecast 2023-2028
6.7 Others - Market size and forecast 2023-2028
6.8 Market opportunity by Application
7 Market Segmentation by End-user
7.1 Market segments
7.2 Comparison by End-user
7.3 Construction - Market size and forecast 2023-2028
7.4 Agriculture - Market size and forecast 2023-2028
7.5 Personal care - Market size and forecast 2023-2028
7.6 Automotive - Market size and forecast 2023-2028
7.7 Others - Market size and forecast 2023-2028
7.8 Market opportunity by End-user
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028