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
Summary:
Get latest Market Research Reports on Boron . Industry analysis & Market Report on Boron is a syndicated market report, published as Global Boron Market Research Report 2019. It is complete Research Study and Industry Analysis of Boron market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.