Summary

The future of the global boron market looks promising with opportunities in the building and construction, electrical and electronics, pharmaceutical, consumer, and agriculture industries. The global boron market is expected to reach $2.1 billion by 2027 with a CAGR of 4.9% from 2021 to 2027. The major drivers for this market are increasing demand for glass and ceramics in the building and construction industry, growth in the pharmaceutical packaging market, and the growing consumption of micronutrient fertilizers.

The emerging trend, which has a direct impact on the dynamics of the industry, includes the use of boron for nuclear applications and lubrication additives.

A total of 144 figures / charts and 129 tables are provided in this 200-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the boron market report, please download the report brochure.

In this market, building and construction is the largest end use market, whereas mine source is the largest market by source type. Growth in various segments of the boron market is shown in the figure given below.

The study includes trends and forecast for the global boron market by source type, application, end use industry, and region as follows:

By Application [Kilotons and $M shipment analysis from 2016 to 2027]:
• Glass
• Borosilicate Glass
• Fiberglass (E-Glass)
• Glass wool
• Ceramics
• Fertilizer
• Detergent
• Others
By End Use Industry [Kilotons and $M shipment analysis from 2016 to 2027]:
• Building and Construction
• Electrical & Electronics
• Pharmaceutical
• Consumer Products
• Agriculture
• Others
By Source [Kilotons and $M shipment analysis from 2016 to 2027]:
• Mining
• Salt Lake Source and Others
By Region [Kilotons and $M shipment analysis from 2016 to 2027]:
• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• United Kingdom
• Asia Pacific
• China
• Japan
• India
• The Rest of the World
Some of the boron companies profiled in this report include Eti Maden, Rio Tinto, American Borate, Boron Specialties, Gremont Chemicals, and Searles Valley Minerals.

Lucintel forecasts that glass will remain the largest segment, and it is also expected to witness the highest growth over the forecast period. Stringent government regulations for energy efficiency and reduction in carbon emission is driving the demand for glass wool and E-glass (fiberglass) in various end use industries.

Building and construction will remain the largest end use industry by value and volume due to increasing demand for glass wool insulation and ceramic tiles in residential and commercial buildings. Pharmaceutical is expected to witness the highest growth during the forecast period due to the growing preference for borosilicate glass in the pharmaceutical packaging industry.

APAC is projected to remain the largest region, and it is also expected to witness the highest growth over the forecast period due to growth in building and construction activities and increasing healthcare expenditure.

Features of the Boron Market
• Market Size Estimates:Boron market size estimation in terms of value ($M) and volume (kilotons)
• Trend And Forecast Analysis:Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
• Segmentation Analysis:Boron market size by various segments, such as end use industry, application and source, in terms of value and volume.
• Regional Analysis:Boron market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
• Growth Opportunities:Analysis of growth opportunities in different applications, sources, end use industries, and regions for the boron market.
• Strategic Analysis:This includes M&A, new product development, and competitive landscape for the boron market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for the global boron market by source (mine source and salt lake source & others), application (glass, ceramics, fertilizer, detergent, and others), end use industry (building and construction, electronics, pharmaceutical, consumer products, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via product substitution?
Q.11 What M&A activity did occur in the last five years?

ページTOPに戻る

Table of Contents