Market Overview:
The global elemental boron market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for boron from various applications, such as metallurgy, electronics, medicine, ceramics and others. In terms of region, North America is expected to lead the global elemental boron market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Elemental Boron is a chemical element with symbol B and atomic number 5. It is a boron atom with only one electron, which it shares with the three other atoms in its molecule. Elemental boron is not found free in nature, but it is widely distributed in combination with other elements in minerals.
Purity90-92%:
Purity 90-92% is a form of boron with an impurities level of less than 1%. It has several industrial uses including in the production of borosilicate glass, ceramics, and refractory products. Purity levels greater than 95% are also commercially available as a commercial product.
Purity94-96%:
Purity94-96% is used in the production of boron nitride, which is an important industrial material. It has high thermal and electrical conductivity, low density, and high melting point.
Application Insights:
The metallurgy segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The application of boron in steelmaking process has been known since ancient times and it is still one of the most important applications for this element. Other than being used as a strengthening agent, it also finds applications as an alloying agent in steel production, which includes carbon content ranging from 0.5% to 3%.
Metallurgical products such as structural metals, alloys & semi-finished products are widely utilized by industries including automotive & transportation, building & construction materials and industrial machinery sectors worldwide. Rising demand from these end-use industries coupled with low supply scenario is expected to drive elemental boron market growth over the forecast period in terms of volume.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global elemental boron market volume in 2017 owing to high product demand from various end-use industries, such as metallurgy, electronics, ceramics and others. China is one of the largest producers and consumers of boron globally.
Europe emerged as the second-largest regional market for elemental boron with a revenue share exceeding 20% in 2017 owing to rising product demand from several key end-use sectors including metallurgy and ceramics.
Growth Factors:
- Increasing demand from the glass and ceramics industry for boron oxide as a fluxing agent and refractory material.
- Growing use of borates in agriculture as a fertilizer and soil amendment to improve crop yields.
- Rising demand for boric acid in pharmaceuticals, cosmetics, and other personal care products.
- Increased utilization of elemental boron in metallurgical applications such as steelmaking and aluminum production.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elemental Boron Market Research Report
By Type
Purity90-92%, Purity94-96%
By Application
Metallurgy, Electronics, Medicine, Ceramics, Others
By Companies
SB Boron, Noah Technologies Corporation, Tronox Limited, Borman, New Metals and Chemicals Ltd., YingKou Liaobin Fine Chemicals, Baoding Pengda New Material Technology, H.C. Starck GmbH, Tangshan Weihao Magnesium Powder, Dandong Chemical Engineering Institute (DCEI), CRS Chemicals, SkySpring Nanomaterials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Elemental Boron Market Report Segments:
The global Elemental Boron market is segmented on the basis of:
Types
Purity90-92%, Purity94-96%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgy, Electronics, Medicine, Ceramics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SB Boron
- Noah Technologies Corporation
- Tronox Limited
- Borman
- New Metals and Chemicals Ltd.
- YingKou Liaobin Fine Chemicals
- Baoding Pengda New Material Technology
- H.C. Starck GmbH
- Tangshan Weihao Magnesium Powder
- Dandong Chemical Engineering Institute (DCEI)
- CRS Chemicals
- SkySpring Nanomaterials
Highlights of The Elemental Boron Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity90-92%
- Purity94-96%
- By Application:
- Metallurgy
- Electronics
- Medicine
- Ceramics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elemental Boron Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elemental boron is a chemical element with the symbol B and atomic number 5. It is a metal that has one of the lowest melting points of all elements, reaching −196.3 °C (−320.9 °F). Boron is not found naturally on Earth, but it can be produced by neutron irradiation of boron-10 or by fusion of two atoms of boron-11 to create boron-12.
Some of the major companies in the elemental boron market are SB Boron, Noah Technologies Corporation, Tronox Limited, Borman, New Metals and Chemicals Ltd., YingKou Liaobin Fine Chemicals, Baoding Pengda New Material Technology, H.C. Starck GmbH, Tangshan Weihao Magnesium Powder, Dandong Chemical Engineering Institute (DCEI), CRS Chemicals, SkySpring Nanomaterials.
The elemental boron market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Elemental Boron Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Elemental Boron Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Elemental Boron Market - Supply Chain
4.5. Global Elemental Boron Market Forecast
4.5.1. Elemental Boron Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Elemental Boron Market Size (000 Units) and Y-o-Y Growth
4.5.3. Elemental Boron Market Absolute $ Opportunity
5. Global Elemental Boron Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Elemental Boron Market Size and Volume Forecast by Type
5.3.1. Purity90-92%
5.3.2. Purity94-96%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Elemental Boron Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Elemental Boron Market Size and Volume Forecast by Application
6.3.1. Metallurgy
6.3.2. Electronics
6.3.3. Medicine
6.3.4. Ceramics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Elemental Boron Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Elemental Boron Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Elemental Boron Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Elemental Boron Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Elemental Boron Demand Share Forecast, 2019-2026
9. North America Elemental Boron Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Elemental Boron Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Elemental Boron Market Size and Volume Forecast by Application
9.4.1. Metallurgy
9.4.2. Electronics
9.4.3. Medicine
9.4.4. Ceramics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Elemental Boron Market Size and Volume Forecast by Type
9.7.1. Purity90-92%
9.7.2. Purity94-96%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Elemental Boron Demand Share Forecast, 2019-2026
10. Latin America Elemental Boron Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Elemental Boron Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Elemental Boron Market Size and Volume Forecast by Application
10.4.1. Metallurgy
10.4.2. Electronics
10.4.3. Medicine
10.4.4. Ceramics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Elemental Boron Market Size and Volume Forecast by Type
10.7.1. Purity90-92%
10.7.2. Purity94-96%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Elemental Boron Demand Share Forecast, 2019-2026
11. Europe Elemental Boron Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Elemental Boron Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Elemental Boron Market Size and Volume Forecast by Application
11.4.1. Metallurgy
11.4.2. Electronics
11.4.3. Medicine
11.4.4. Ceramics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Elemental Boron Market Size and Volume Forecast by Type
11.7.1. Purity90-92%
11.7.2. Purity94-96%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
1.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Elemental Boron Demand Share, 2019-2026
12. Asia Pacific Elemental Boron Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Elemental Boron Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Elemental Boron Market Size and Volume Forecast by Application
12.4.1. Metallurgy
12.4.2. Electronics
12.4.3. Medicine
12.4.4. Ceramics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Elemental Boron Market Size and Volume Forecast by Type
12.7.1. Purity90-92%
12.7.2. Purity94-96%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Elemental Boron Demand Share, 2019-2026
13. Middle East & Africa Elemental Boron Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Elemental Boron Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Elemental Boron Market Size and Volume Forecast by Application
13.4.1. Metallurgy
13.4.2. Electronics
13.4.3. Medicine
13.4.4. Ceramics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Elemental Boron Market Size and Volume Forecast by Type
13.7.1. Purity90-92%
13.7.2. Purity94-96%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Elemental Boron Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Elemental Boron Market: Market Share Analysis
14.2. Elemental Boron Distributors and Customers
14.3. Elemental Boron Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SB Boron
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Noah Technologies Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tronox Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Borman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. New Metals and Chemicals Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YingKou Liaobin Fine Chemicals
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Baoding Pengda New Material Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. H.C. Starck GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tangshan Weihao Magnesium Powder
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dandong Chemical Engineering Institute (DCEI)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CRS Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SkySpring Nanomaterials
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook