Business & Finance

Global Boron Forecast & Opportunities 2019

In this report, the Global Boron Forecast & Opportunities 2019 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global Boron Forecast & Opportunities 2019 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

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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.

The global Boron market is valued at 2040 million US$ in 2018 is expected to reach 2900 million US$ by the end of 2025, growing at a CAGR of 4.5% during 2019-2025.

This report focuses on Boron volume and value at global level, regional level and company level. From a global perspective, this report represents overall Boron market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Eti Maden

Rio Tinto

Searles Valley Minerals

Minera Santa Rita

Borax Argentina

Quiborax

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Salt Lake Source

Mine Source

Segment by Application

Glass

Ceramics

Agriculture

Detergents

Others

Browse full research report at https://www.crystalmarketreport.com/global-boron-forecast-andamp;-opportunities-2019

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