Boron Fertilizers Market is anticipated to reach at US$ 3981.64 Mn. by 2027 from US$ 2462.23 Mn. in 2021 at a CAGR of 8.34% during a forecast period.Boron Fertilizers Market Overview
Boron is an essential micro nutrient required for all plant growth and must remain available for plant uptake during the plant growth period. It plays important role in cell formation and stability maintenance of structural and functional integrity of biological membranes. The inadequate supply of nutrients affects the plant growth and results in quality losses of plants. Thus, boron fertilizers act as essential nutrient for the plant development, which give a rise for the growth of boron fertilizers market globally.To know about the Research Methodology :- Request Free Sample Report The report provides a detailed study of the key market dynamics, market segmentation and regional analysis. The market study contains the detailed insights about how the Global Boron Fertilizers Market is anticipated to grow during the forecast period.
Boron Fertilizers Market Dynamics
Most of population depends on agriculture sector for daily food needs, which is expected to grow at CAGR xx% during the forecast period. Rise in investment in agriculture sector and horticulture sector, increase in concern for soil structure and rise in demand for high yields globally are the factors for the growth of boron fertilizers market. Similarly, some underdeveloped and developing countries lack problem of food storage due to poor infrastrure facilities. The rise in demand for food with growing population is creating need for high yield crops in these countries, which in turn is expected to boost the boron fertilizers market. The production and export of fruits and vegetables have led to increase in crop plantation area. It was observed that production of vegetables and fruits have increased from 108 hundred metric tons to 141 hundred metric tons in earlier years and is anticipated to rise during the forecast period. This created demand for crop sustaining and protecting fertilizers market for high yield, which in return, is expected to drive the growth of boron fertilizers market across the globe. Boron fertilizers are expensive as they require additional processing. Similarly, the organic substitutes available in the market are some of the restraint factors that are expected to hamper the growth of boron fertilizers during the forecast period.Boron Fertilizers Market Segment Analysis
By Type, Boric acid holds maximum share in the boron fertilizers market. Boric acid a form of fertilizer is usually used in agriculture to clear out the insects, which are reducing the plant growth. Areas in southwestern China, northwestern India, Nepal, Japan, Bangladesh, and Brazil are considered as the scarcest by boron deficiency. The disorder may be expected in at least 80 countries in the world, including Zambia, Nigeria, Philippines, Thailand, Koreas, and north European countries, which create the need of boric acid in these countries. Thus, boron fertilizers market is expected to drive the growth in these regions. By Application, boron fertilizers are widely used on vegetables like carrots, spinach and tomatoes. Boron is essential for normal growth and production healthy vegetables. Boron fertilizer helps in development of growing points, movement of sugars and starches and nutrient elements in developing parts, formation of plant hormones, root growth, vegetable quality and flavor.Boron Fertilizers Market Regional Analysis
Asia pacific holds maximum share of 36.7% in the global boron fertilizers market in the 2021 and is expected to drive the growth during the forecast period due to rise in investment of agriculture and horticulture sector. Among the countries of Asia pacific, china is the largest producer and consumer of boron fertilizers, which accounts 60% of total consumption and production across the globe. Similarly, import of horticulture products and the increase in consumption of fruits and vegetable are increasing in Europe. South Africa being the largest exporter of fruits and vegetables in Europe is expected to fuel the market of boron fertilizers in the region. North America is the largest importers of fertilizers in the world, where U.S dominated the market in North America. Brazil holds a significant production and export of agriculture products and leads in agriculture GDP. This in turn, is expected to boost the market of boron fertilizers in the region.Boron Fertilizers Market Scope: Inquire before buying
Global Boron Fertilizers Market Report Coverage Details Base Year: 2021 Forecast Period: 2021-2027 Historical Data: 2016 to 2021 Market Size in 2021: US $ 2462.23 Mn. Forecast Period 2021 to 2027 CAGR: 8.34% Market Size in 2027: US $ 3981.64 Mn. Segments Covered: by Type • Boric Acid • Borax • Others by Application • Oil Crops • Grain Crops • Vegetables • Others Boron Fertilizers Market by Region:
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaBoron Fertilizers Market Key Players
• Russian Bor Concern OJSC • QUIBORAX • Minera Santa Rita S.R.L. • Inkabor • Eti Maden • Tierra • Searles Valley Minerals • SCL • Eti Maden • Jinma Boron Rock • Fengcheng Chemical • Kuandian Oriental Chemical • The Mosaic Company (US) • PDJXHG • Borax • Compass minerals internationalFrequently Asked Questions:
1. Which region has the largest share in Global Boron Fertilizers Market? Ans: Asia pacific region held the highest share in 2021. 2. What is the growth rate of Global Boron Fertilizers Market? Ans: The Global Boron Fertilizers Market is expected to grow at a CAGR of 8.34% during forecast period 2022-2027. 3. What is scope of the Global Boron Fertilizers market report? Ans: Global Boron Fertilizers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Boron Fertilizers market? Ans: The important key players in the Global Boron Fertilizers Market are – , Russian Bor Concern OJSC, QUIBORAX, Minera Santa Rita S.R.L., Inkabor, Eti Maden, Tierra, Searles Valley Minerals, SCL, Eti Maden, Jinma Boron Rock, Fengcheng Chemical, Kuandian Oriental Chemical, The Mosaic Company (US), PDJXHG, Borax, and Compass minerals international 5. What is the study period of this market? Ans: The Global Boron Fertilizers Market is studied from 2021 to 2027.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Boron Fertilizers Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Boron Fertilizers Market 3.4. Geographical Snapshot of the Boron Fertilizers Market, By Manufacturer share 4. Global Boron Fertilizers Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Boron Fertilizers Market 5. Supply Side and Demand Side Indicators 6. Global Boron Fertilizers Market Analysis and Forecast, 2021-2027 6.1. Global Boron Fertilizers Market Size & Y-o-Y Growth Analysis. 7. Global Boron Fertilizers Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 7.1.1. Boric Acid 7.1.2. Borax 7.1.3. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 7.2.1. Oil Crops 7.2.2. Grain Crops 7.2.3. Vegetables 7.2.4. Others 8. Global Boron Fertilizers Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Boron Fertilizers Market Analysis and Forecasts, 2021-2027 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 9.1.1. Boric Acid 9.1.2. Borax 9.1.3. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 9.2.1. Oil Crops 9.2.2. Grain Crops 9.2.3. Vegetables 9.2.4. Others 10. North America Boron Fertilizers Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Boron Fertilizers Market Analysis and Forecasts, 2021-2027 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 12. Canada Boron Fertilizers Market Analysis and Forecasts, 2021-2027 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 13. Mexico Boron Fertilizers Market Analysis and Forecasts, 2021-2027 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 14. Europe Boron Fertilizers Market Analysis and Forecasts, 2021-2027 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 15. Europe Boron Fertilizers Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Boron Fertilizers Market Analysis and Forecasts, 2021-2027 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 17. France Boron Fertilizers Market Analysis and Forecasts, 2021-2027 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 18. Germany Boron Fertilizers Market Analysis and Forecasts, 2021-2027 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 19. Italy Boron Fertilizers Market Analysis and Forecasts, 2021-2027 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 20. Spain Boron Fertilizers Market Analysis and Forecasts, 2021-2027 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 21. Sweden Boron Fertilizers Market Analysis and Forecasts, 2021-2027 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 22. CIS Countries Boron Fertilizers Market Analysis and Forecasts, 2021-2027 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 23. Rest of Europe Boron Fertilizers Market Analysis and Forecasts, 2021-2027 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 24. Asia Pacific Boron Fertilizers Market Analysis and Forecasts, 2021-2027 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 25. Asia Pacific Boron Fertilizers Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Boron Fertilizers Market Analysis and Forecasts, 2021-2027 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 27. India Boron Fertilizers Market Analysis and Forecasts, 2021-2027 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 28. Japan Boron Fertilizers Market Analysis and Forecasts, 2021-2027 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 29. South Korea Boron Fertilizers Market Analysis and Forecasts, 2021-2027 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 30. Australia Boron Fertilizers Market Analysis and Forecasts, 2021-2027 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 31. ASEAN Boron Fertilizers Market Analysis and Forecasts, 2021-2027 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 32. Rest of Asia Pacific Boron Fertilizers Market Analysis and Forecasts, 2021-2027 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 33. Middle East Africa Boron Fertilizers Market Analysis and Forecasts, 2021-2027 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 34. Middle East Africa Boron Fertilizers Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Boron Fertilizers Market Analysis and Forecasts, 2021-2027 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 36. GCC Countries Boron Fertilizers Market Analysis and Forecasts, 2021-2027 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 37. Egypt Boron Fertilizers Market Analysis and Forecasts, 2021-2027 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 38. Nigeria Boron Fertilizers Market Analysis and Forecasts, 2021-2027 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 39. Rest of ME&A Boron Fertilizers Market Analysis and Forecasts, 2021-2027 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 40. South America Boron Fertilizers Market Analysis and Forecasts, 2021-2027 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 41. South America Boron Fertilizers Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Boron Fertilizers Market Analysis and Forecasts, 2021-2027 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 43. Argentina Boron Fertilizers Market Analysis and Forecasts, 2021-2027 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 44. Rest of South America Boron Fertilizers Market Analysis and Forecasts, 2021-2027 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Boron Fertilizers Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Borax 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Russian Bor Concern OJSC 45.5. QUIBORAX 45.6. Minera Santa Rita S.R.L. 45.7. Inkabor 45.8. Eti Maden 45.9. Tierra 45.10. Searles Valley Minerals 45.11. SCL 45.12. Eti Maden 45.13. Jinma Boron Rock 45.14. Fengcheng Chemical 45.15. Kuandian Oriental Chemical 45.16. The Mosaic Company (US) 45.17. PDJXHG 45.18. Borax 45.19. Compass minerals international 46. Primary Key Insights