Lucintel’s latest market report analyzed that boron provides attractive opportunities in the building and construction, electrical and electronics, pharmaceutical, consumer, and agriculture industries. The boron market is expected to reach $2.4 billion by 2027 with a CAGR of 4.9%. In this market, glass is the largest segment by application, whereas building and construction is largest by end use industry. The use of boron for nuclear applications and lubrication additives provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/boron-market.aspx Based on application, the boron market is segmented into glass, ceramic, fertilizer, detergent, and others. The glass segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to 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.
Browse in-depth TOC on “Boron Market”
129 – Tables
144 – Figures
200 – Pages
The Boron Market is marked by the presence of several big and small players. Some of the prominent players offering boron include Eti Maden, Rio Tinto, Rose Mill Co., Searles Valley Minerals, Minera Santa Rita, Borax Argentina, QUIBORAX, Russian Bor.
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