Boron was named for the mineral borax, thought to come from the Persian name burah for that mineral. Boron minerals, mainly borax, were traded over a thousand years ago, when sheep, camel and yak caravans brought borax from desert salt beds in Persia and Tibet to India and the Arab countries. There it was used mainly in making glass.
The major ores of boron are a small number of borate (boron oxide) minerals, including ulexite (NaCaB5O9.8H2O), borax (Na2B4O5(OH)4.8H2O), colemanite (Ca2B6O11.5H2O) and kernite (Na2B4O6(OH)2.3H2O). These minerals form when boron-bearing waters percolate into inland desert lakes and evaporate, leaving layers of borates, chlorides, and sulfates. These minerals are referred to as evaporite minerals. Very large deposits of evaporite boron minerals are found in the United States (especially California), Turkey, Chile and Argentina. Less-important deposits occur in Iran (formerly called Persia), and elsewhere.
Boron is widely used in glass industry, ceramics industry, agriculture industry, detergents industry as well as other industry. Among those applications, demand from the glass industry is the largest. In 2017, about 48.58% boron went into the glass industry, while ceramic industry held 19.18% consumption globally.
Global demand of boron increased to 1992 K MT in 2017 from 1706 K MT in 2012. Turkey and USA contributes about 75% output globally. When considering the consumption, North America and Asia become the key consumers. In 2017, the two regions consumed 77.99% boron totally.
According to this study, over the next five years the Boron market will register a 4.4% CAGR in terms of revenue, the global market size will reach US$ 2640 million by 2024, from US$ 2040 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Boron business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Boron market by product type, application, key manufacturers and key regions and countries.
This study considers the Boron value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Salt Lake Source
Mine Source
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Glass
Ceramics
Agriculture
Detergents
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Eti Maden
Rio Tinto
Searles Valley Minerals
Minera Santa Rita
Borax Argentina
Quiborax
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Boron consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Boron market by identifying its various subsegments.
Focuses on the key global Boron manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Boron with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Boron submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Boron Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Boron Consumption 2014-2024
2.1.2 Boron Consumption CAGR by Region
2.2 Boron Segment by Type
2.2.1 Salt Lake Source
2.2.2 Mine Source
2.3 Boron Consumption by Type
2.3.1 Global Boron Consumption Market Share by Type (2014-2019)
2.3.2 Global Boron Revenue and Market Share by Type (2014-2019)
2.3.3 Global Boron Sale Price by Type (2014-2019)
2.4 Boron Segment by Application
2.4.1 Glass
2.4.2 Ceramics
2.4.3 Agriculture
2.4.4 Detergents
2.4.5 Others
2.5 Boron Consumption by Application
2.5.1 Global Boron Consumption Market Share by Application (2014-2019)
2.5.2 Global Boron Value and Market Share by Application (2014-2019)
2.5.3 Global Boron Sale Price by Application (2014-2019)
3 Global Boron by Players
3.1 Global Boron Sales Market Share by Players
3.1.1 Global Boron Sales by Players (2017-2019)
3.1.2 Global Boron Sales Market Share by Players (2017-2019)
3.2 Global Boron Revenue Market Share by Players
3.2.1 Global Boron Revenue by Players (2017-2019)
3.2.2 Global Boron Revenue Market Share by Players (2017-2019)
3.3 Global Boron Sale Price by Players
3.4 Global Boron Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Boron Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Boron Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Boron by Regions
4.1 Boron by Regions
4.1.1 Global Boron Consumption by Regions
4.1.2 Global Boron Value by Regions
4.2 Americas Boron Consumption Growth
4.3 APAC Boron Consumption Growth
4.4 Europe Boron Consumption Growth
4.5 Middle East & Africa Boron Consumption Growth
5 Americas
5.1 Americas Boron Consumption by Countries
5.1.1 Americas Boron Consumption by Countries (2014-2019)
5.1.2 Americas Boron Value by Countries (2014-2019)
5.2 Americas Boron Consumption by Type
5.3 Americas Boron Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Boron Consumption by Countries
6.1.1 APAC Boron Consumption by Countries (2014-2019)
6.1.2 APAC Boron Value by Countries (2014-2019)
6.2 APAC Boron Consumption by Type
6.3 APAC Boron Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Boron by Countries
7.1.1 Europe Boron Consumption by Countries (2014-2019)
7.1.2 Europe Boron Value by Countries (2014-2019)
7.2 Europe Boron Consumption by Type
7.3 Europe Boron Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Boron by Countries
8.1.1 Middle East & Africa Boron Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Boron Value by Countries (2014-2019)
8.2 Middle East & Africa Boron Consumption by Type
8.3 Middle East & Africa Boron Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Boron Distributors
10.3 Boron Customer
11 Global Boron Market Forecast
11.1 Global Boron Consumption Forecast (2019-2024)
11.2 Global Boron Forecast by Regions
11.2.1 Global Boron Forecast by Regions (2019-2024)
11.2.2 Global Boron Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Boron Forecast by Type
11.8 Global Boron Forecast by Application
12 Key Players Analysis
12.1 Eti Maden
12.1.1 Company Details
12.1.2 Boron Product Offered
12.1.3 Eti Maden Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Eti Maden News
12.2 Rio Tinto
12.2.1 Company Details
12.2.2 Boron Product Offered
12.2.3 Rio Tinto Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Rio Tinto News
12.3 Searles Valley Minerals
12.3.1 Company Details
12.3.2 Boron Product Offered
12.3.3 Searles Valley Minerals Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Searles Valley Minerals News
12.4 Minera Santa Rita
12.4.1 Company Details
12.4.2 Boron Product Offered
12.4.3 Minera Santa Rita Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Minera Santa Rita News
12.5 Borax Argentina
12.5.1 Company Details
12.5.2 Boron Product Offered
12.5.3 Borax Argentina Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Borax Argentina News
12.6 Quiborax
12.6.1 Company Details
12.6.2 Boron Product Offered
12.6.3 Quiborax Boron Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Quiborax News
...
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Boron
Table Product Specifications of Boron
Figure Boron Report Years Considered
Figure Market Research Methodology