Acknowledging the kind of traction gained by this market, recently published a study report asserts the global High-purity Boron Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.5% during the review period (2022 to 2027)
Boron, as a raw material, is used by major industries such as agriculture, glass, building and construction, detergents, ceramics, and pharmaceuticals. In day-to-day products, boron finds application as composites used in car body panels, in LCD screens, in insulation grade materials and in glass wool for loft insulation, and in other products in the form of ferro boron, borosilicate glass, and fiberglass.Boron is an essential micronutrient for crop nutrition. It is known as a trace element owing to its requirement in small quantities compared with other elements, such as phosphorus and sulfur.It is associated with cell division and development in the growth regions of the plant, such as the growth of the tips of shoots and roots.Boron is also used for the growth of the pollen tube during flower pollination and is therefore important for good seed set and fruit development.boron can be taken in the form of supplements. It is used to build strong bones, osteoarthritis treatment, to assist in building muscles, as well as increasing the testosterone levels. Additionally, it helps in improving thinking skills and muscle coordination. Another popular use is in the form of boric acid, where is used to prevent infection of the skin, as well as being used as an eyewash.Growing demand for electronic products and increasing penetration of fiberglass in markets conventionally held by concrete and steel are expected to drive High-purity boron market growth. Fiberglass penetration in turbine blades in wind power generation is also expected to positive influence on boron market development. An increase in construction spending, leading to fiberglass demand for a communal structure such as bridges and roads is expected to come up as a new opportunity for the global market.
Industry News:
Sept. 2021, 3M, a leading manufacturer of high-performance polymer additives, has expanded its line of boron nitride cooling fillers, which may be used in a variety of automotive, electrical, and electronic systems and components.
Sept. 2021, Luxshare Technology Co., Ltd. (Luxshare) and 3M Innovative Properties Co. have signed a limited patent license agreement for the use of 3M’s Twin Axial Cable technology.
GenNx360 Capital Partners Announces Acquisition of CRS Temporary Housing
Founded nearly 30 years ago and headquartered in Phoenix, Arizona, CRS employs over 100 highly trained professionals. The Company services the property and casualty insurance industry providing relocation and temporary housing solutions to dislocated policyholders. This dislocation typically results from fire or water damage with CRS assisting the policyholder from the time of initial loss through completion of repair and subsequent move-in. CRS provides a service that is deemed critical to the insurance carrier as well as to the homeowner. Its customer base is diverse and includes many of the leading insurance carriers.
By Type, it is segmented into
By Applications it is segmented into
Boron is naturally found in compounds of borates, colemanite, and orthoboric acid when it is not present in free form. To generate various kinds of boron, enterprises across the world primarily use four types of borate minerals: colemanite, kernite, tincal, and ulexite. The United States and Turkey have the most boron resources, followed by North America, South America, Europe, and Asia.
The High-purity Boron Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global High-purity Boron Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.5% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | SB Boron, Dandong Chemical Engineering Institute (DCEI), H.C. Starck GmbH, CRS Chemicals, Baoding Zhongpuruituo Technology, SkySpring Nanomaterials, Inc., Noah Technologies Corporation, New Metals and Chemicals Ltd., YingKou Liaobin Fine Chemicals, Yingkou Tanyun Chemical Research Institute Corporation, Liaoning Pengda Technology, Tangshan Weihao Magnesium Powder and Others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 130 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The High-purity Boron Market is studied from 2017 - 2027.
What is the growth rate of High-purity Boron Market?
The High-purity Boron Market is growing at a CAGR of 3.5% over the next 5 years.
What regions does this High-purity Boron Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
GLOBAL HIGH-PURITY BORON MARKET, BY TYPES
GLOBAL HIGH-PURITY BORON MARKET, BY APPLICATION
GLOBAL HIGH-PURITY BORON MARKET, BY REGION
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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