According to a market report by Lucintel, the future of the global boron market looks promising with opportunities in the glass, borosilicate glass, fiberglass (e-glass), glass wool, ceramic, fertilizer, and detergent markets. The global boron market is expected to reach an estimated $3,260 million by 2035 with a CAGR of 4.5% from 2026 to 2035. The major drivers for this market are the rising use of boron in agricultural fertilizers for crop yield, the increasing demand for boron in electric vehicle battery technologies, and the growing use in detergents & cleaning products industry.
A more than 150-page report to understand trends, opportunity and forecast in boron market to 2035 by source type (mining and salt lake source & others), application (glass, borosilicate glass, fiberglass (E-glass), glass wool, ceramics, fertilizer, detergent, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the source type category, salt lake source is expected to witness higher growth over the forecast period.
Within the application category, glass is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
Eti Maden, Rio Tinto, Rose Mill Co., Searles Valley Minerals, Minera Santa Rita, Borax Argentina, QUIBORAX are the major suppliers in the boron market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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