Boron oxide is white, glassy, solid and also known as diboron trioxide. The global market size for industrial grade and high purity grade boron oxide is expected to reach xx$ Bn. by 2027 from xx$ Bn. in 2019. The report has covered, raw material availability and its analysis, demand drivers by region, pricing by region, and profit margins of key players in the industry. Brief analysis of restraints and challenges in the market are also covered with the examples by region. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments and key trends in the market.
Scope of Global Boron Oxide Market
Global Boron Oxide Market, By Application• Glass Formulations • Ceramics • Metallurgy • Refractories By Application, Glass Formulation is expected to be the largest market share and grow at xx$ Bn. CAGR in the forecast period. Boron oxide is widely used by large number of manufacturers in glass formulations. There is currently no alternative to compete with boron oxide in the glass formulation for his unique applications such as heat resistant cookware, laboratory ware, and liquid crystal display (LCD) screens, etc. The use of borosilicate glasses shows their unique properties like low coefficient of thermal expansion, high thermal shock resistance, and good chemical inertness. Global Boron Oxide Market, By End User • Borosilicate Glass • E-Class Glass By End User, soldering and welding fluxes segment leads the global market with the largest share. Boron Oxide covers the outer surface of the metal thereby excluding air and prevent oxidation of metal. It acts as a solvent in dissolving metal oxides surrounding the metal to be jointed as well as serve as detergent for cleaning; floating away dissolved oxides, grease, and other foreign matters.
Global Boron Oxide Market, By Region• North America • Europe • Asia-Pacific • MEA & Africa • Latin America APAC is expected to hold largest market share in the global boron oxide market during the forecast period, both in terms of value and volume. The Asia Pacific is the largest producer of glass fiber, electronic devices, and ancillary parts in the world. The export and manufacturing services in the Asia Pacific is the reason behind the surging demand of the global market in this region. The Asia Pacific accounts for 50% of the total global demand, led by China, Japan, Korea, and India. Demand for boron oxide from North America and Europe follows that from the Asia Pacific.North America is the second-largest growing region for the boron oxide market due to the increase in demand for boron oxide in the metals, alloy, and glass industry. Market Dynamics Drivers: Growing use of boron oxide as raw material or additive in different material production process. The production of glass involve large number of chemical reactions with boron oxide as raw material which is completely consumed and finally transformed into a new substance with a different structure and different characteristics. Along with this, boron oxide has its additional properties for dissolution of raw material and maintain the temperature in the production process. Most laboratory glassware for example Pyrex or Hysil is now made of borosilicate glass which is made from boron oxides. Restraints: gradual popularity of boron free glass fibers and flat glass. Boron-free glass has better fundamental properties as compared to borosilicate glass. The corrosion-resistant boron-free E-glass fiber effectively prevents the brittle fracture which is mostly occur with boron oxide. Glass which is made up of commonly used boron oxide failed mechanically in less than 2 h whereas the glass based on the corrosion-resistant boron-free fiber have less chances of visible damage. Opportunities: opportunity exists in the surging electronics application. Boron oxide occurs in several polymorphs, from which cubic and hexagonal varieties have found numerous electronic applications. Various forms of BO have been used as a lubricant and abrasive material for their electronic properties. Due to their wide optical bandgaps, cubic and hexagonal polymorphs of BO is generally used for optoelectronic devices operating in the deep-ultraviolet range. It is also used in high-power electronic devices for switching and radio-frequency applications. Their hexagonal polymorph allows the preparation of ultrathin nanosheets with very smooth surfaces and low defect density, which are proved to be useful as supporting substrates and gate dielectric layers in graphene-based structures. Covid-19 Impact on the smart phone market: • The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. The governments from all countries have introduced a lock-up to detect the transmission of infectious disease. The contribution of these regulations makes negative impact on delay in the production and supply chain. • The coronavirus adversely impacted metal processing, chemical manufacturing, and electronic equipment. The interruption of export and import operations due to limitations on foreign flights would further restrict the market's development. The disruption caused by the lockdown would harm the market. Strong strategies for the manufacture and procurement of raw materials would have a destructive effect on the boron oxide industry. The objective of the report is to present a comprehensive analysis of the Global Boron Oxide Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Boron Oxide Market dynamics, structure by analysing the market segments and projects the Global Boron Oxide Market size.
Global Boron Oxide Market Key Players• GFS Chemicals Inc. • The Chemical Company • HDG Chemicals Ltd. • Acemler Chemco San A.S • Okandan Cam Sanayi Chemical Co. • BASF SE • Akzo Nobel N.V. • RPM International Inc. • PPG Industries Inc. • Hempel A/S
Table of Contents
Global Boron Oxide Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 188.8.131.52. Secondary data 184.108.40.206. Secondary Sources 2.3.2. Primary Research 220.127.116.11. Data from Primary Sources 18.104.22.168. Breakdown of Primary Sources 3. Executive Summary: Global Boron Oxide Market size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Boron Oxide Market Analysis and Forecast 7. Global Boron Oxide Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Boron Oxide Market Value Share Analysis, By Application 7.4. Global Boron Oxide Market size (US$ Bn) Forecast, By Application 7.5. Global Boron Oxide Market Analysis, By Application 8. Global Boron Oxide Market Analysis and Forecast, By End User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Boron Oxide Market Value Share Analysis, By End User 8.4. Global Boron Oxide Market size (US$ Bn) Forecast, By End User 8.5. Global Boron Oxide Market Analysis, By End User 8.6. Global Boron Oxide Market Attractiveness Analysis, By End User 9. Global Boron Oxide Market Analysis and Forecast, By Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Boron Oxide Market Value Share Analysis, by Region 9.4. Global Boron Oxide Market Size (US$ Bn) Forecast, by Region 9.5. Global Boron Oxide Market Analysis, by Region 9.6. Global Boron Oxide Market Attractiveness Analysis, by Region 10. Global Boron Oxide Market Analysis 10.1. Key Findings 10.2. Global Boron Oxide Market Overview 10.3. Global Boron Oxide Market Forecast, By Application 10.3.1. Glass Formulations 10.3.2. Ceramics 10.3.3. Metallurgy 10.3.4. Refractories 10.4. Global Boron Oxide Market Forecast, By End User 10.4.1. Borosilicate Glass 10.4.2. E-Class Glass 10.5. Global Boron Oxide Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. MEA & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. North-America Boron Oxide Market Analysis 11.1. Key Findings 11.2. North-America Boron Oxide Market Overview 11.3. North-America Boron Oxide Market, By Application 11.3.1. Glass Formulations 11.3.2. Ceramics 11.3.3. Metallurgy 11.3.4. Refractories 11.4. North-America Boron Oxide Market, By End User 11.4.1. Borosilicate Glass 11.4.2. E-Class Glass 11.5. North-America Boron Oxide Market Forecast, by Country 11.5.1. US 11.5.2. Canada 11.6. US Boron Oxide Market, By Application 11.6.1. Glass Formulations 11.6.2. Ceramics 11.6.3. Metallurgy 11.6.4. Refractories 11.7. US Boron Oxide Market, By End User 11.7.1. Borosilicate Glass 11.7.2. E-Class Glass 11.8. Canada Boron Oxide Market, By Application 11.8.1. Platform 11.8.2. Services 11.9. Canada Boron Oxide Market Forecast, By End User 11.9.1. Borosilicate Glass 11.9.2. E-Class Glass 11.10. PEST Analysis 11.11. Key Trends 11.12. Key Developments 12. Europe Boron Oxide Market Analysis 12.1. Key Findings 12.2. Europe Boron Oxide Market Overview 12.3. Europe Boron Oxide Market, By Application 12.3.1. Glass Formulations 12.3.2. Ceramics 12.3.3. Metallurgy 12.3.4. Refractories 12.4. Europe Boron Oxide Market, By End User 12.4.1. Borosilicate Glass 12.4.2. E-Class Glass 12.5. Europe Boron Oxide Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Boron Oxide Market, By Application 12.6.1. Glass Formulations 12.6.2. Ceramics 12.6.3. Metallurgy 12.6.4. Refractories 12.7. UK Boron Oxide Market, By End User 12.7.1. Borosilicate Glass 12.7.2. E-Class Glass 12.8. France Boron Oxide Market, By Application 12.8.1. Glass Formulations 12.8.2. Ceramics 12.8.3. Metallurgy 12.8.4. Refractories 12.9. France Boron Oxide Market, By End User 12.9.1. Borosilicate Glass 12.9.2. E-Class Glass 12.10. Germany Boron Oxide Market, By Application 12.10.1. Glass Formulations 12.10.2. Ceramics 12.10.3. Metallurgy 12.10.4. Refractories 12.11. Germany Boron Oxide Market, By End User 12.11.1. Borosilicate Glass 12.11.2. E-Class Glass 12.12. Russia Boron Oxide Market, By Application 12.12.1. Glass Formulations 12.12.2. Ceramics 12.12.3. Metallurgy 12.12.4. Refractories 12.13. Russia Boron Oxide Market, By End User 12.13.1. Borosilicate Glass 12.13.2. E-Class Glass 12.14. Italy Boron Oxide Market, By Application 12.14.1. Glass Formulations 12.14.2. Ceramics 12.14.3. Metallurgy 12.14.4. Refractories 12.15. Italy Boron Oxide Market, By End User 12.15.1. Borosilicate Glass 12.15.2. E-Class Glass 12.16. Spain Boron Oxide Market, By Application 12.16.1. Glass Formulations 12.16.2. Ceramics 12.16.3. Metallurgy 12.16.4. Refractories 12.17. Spain Boron Oxide Market, By End User 12.17.1. Borosilicate Glass 12.17.2. E-Class Glass 12.18. Rest of Europe Boron Oxide Market, By Application 12.18.1. Glass Formulations 12.18.2. Ceramics 12.18.3. Metallurgy 12.18.4. Refractories 12.19. Rest of Europe Boron Oxide Market, By End User 12.19.1. Borosilicate Glass 12.19.2. E-Class Glass 12.20. PEST Analysis 12.21. Key Trends 12.22. Key Developments 13. Asia-Pacific Boron Oxide Market Analysis 13.1. Key Findings 13.2. Asia-Pacific Boron Oxide Market Overview 13.3. Asia-Pacific Boron Oxide Market, By Application 13.3.1. Glass Formulations 13.3.2. Ceramics 13.3.3. Metallurgy 13.3.4. Refractories 13.4. Asia-Pacific Boron Oxide Market, By End User 13.4.1. Borosilicate Glass 13.4.2. E-Class Glass 13.5. Asia-Pacific Boron Oxide Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Boron Oxide Market, By Application 13.6.1. Glass Formulations 13.6.2. Ceramics 13.6.3. Metallurgy 13.6.4. Refractories 13.7. China Boron Oxide Market, By End User 13.7.1. Borosilicate Glass 13.7.2. E-Class Glass 13.8. India Boron Oxide Market, By Application 13.8.1. Glass Formulations 13.8.2. Ceramics 13.8.3. Metallurgy 13.8.4. Refractories 13.9. India Boron Oxide Market, By End User 13.9.1. Borosilicate Glass 13.9.2. E-Class Glass 13.10. Japan Boron Oxide Market, By Application 13.10.1. Glass Formulations 13.10.2. Ceramics 13.10.3. Metallurgy 13.10.4. Refractories 13.11. Japan Boron Oxide Market, By End User 13.11.1. Borosilicate Glass 13.11.2. E-Class Glass 13.12. Indonesia Boron Oxide Market, By Application 13.12.1. Glass Formulations 13.12.2. Ceramics 13.12.3. Metallurgy 13.12.4. Refractories 13.13. Indonesia Boron Oxide Market, By End User 13.13.1. Borosilicate Glass 13.13.2. E-Class Glass 13.14. Malaysia Boron Oxide Market, By Application 13.14.1. Glass Formulations 13.14.2. Ceramics 13.14.3. Metallurgy 13.14.4. Refractories 13.15. Malaysia Boron Oxide Market, By End User 13.15.1. Borosilicate Glass 13.15.2. E-Class Glass 13.16. Rest of Asia-Pacific Boron Oxide Market, By Application 13.16.1. Glass Formulations 13.16.2. Ceramics 13.16.3. Metallurgy 13.16.4. Refractories 13.17. Rest of Asia-Pacific Boron Oxide Market, By End User 13.17.1. Borosilicate Glass 13.17.2. E-Class Glass 13.18. PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. MEA & Africa Boron Oxide Market Analysis 14.1. Key Findings 14.2. MEA & Africa Boron Oxide Market Overview 14.3. MEA &Africa Boron Oxide Market, By Application 14.3.1. Glass Formulations 14.3.2. Ceramics 14.3.3. Metallurgy 14.3.4. Refractories 14.4. MEA &Africa Boron Oxide Market, By End User 14.4.1. Borosilicate Glass 14.4.2. E-Class Glass 14.5. MEA &Africa Boron Oxide Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of MEA & Africa 14.6. GCC Boron Oxide Market, By Application 14.6.1. Glass Formulations 14.6.2. Ceramics 14.6.3. Metallurgy 14.6.4. Refractories 14.7. GCC Boron Oxide Market, By End User 14.7.1. Borosilicate Glass 14.7.2. E-Class Glass 14.8. South Africa Boron Oxide Market, By Application 14.8.1. Glass Formulations 14.8.2. Ceramics 14.8.3. Metallurgy 14.8.4. Refractories 14.9. South Africa Boron Oxide Market, By End User 14.9.1. Borosilicate Glass 14.9.2. E-Class Glass 14.10. Rest of MEA &Africa Boron Oxide Market, By Application 14.10.1. Glass Formulations 14.10.2. Ceramics 14.10.3. Metallurgy 14.10.4. Refractories 14.11. Rest of MEA &Africa Boron Oxide Market, By End User 14.11.1. Borosilicate Glass 14.11.2. E-Class Glass 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Boron Oxide Market Analysis 15.1. Key Findings 15.2. Latin America Boron Oxide Market Overview 15.3. Latin America Boron Oxide Market, By Application 15.3.1. Glass Formulations 15.3.2. Ceramics 15.3.3. Metallurgy 15.3.4. Refractories 15.4. Latin America Boron Oxide Market, By End User 15.4.1. Borosilicate Glass 15.4.2. E-Class Glass 15.5. Latin America Boron Oxide Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Boron Oxide Market, By Application 15.6.1. Glass Formulations 15.6.2. Ceramics 15.6.3. Metallurgy 15.6.4. Refractories 15.7. Mexico Boron Oxide Market, By End User 15.7.1. Borosilicate Glass 15.7.2. E-Class Glass 15.8. Brazil Boron Oxide Market, By Application 15.8.1. Glass Formulations 15.8.2. Ceramics 15.8.3. Metallurgy 15.8.4. Refractories 15.9. Brazil Boron Oxide Market, By End User 15.9.1. Borosilicate Glass 15.9.2. E-Class Glass 15.10. Rest of Latin America Boron Oxide Market, By Application 15.10.1. Glass Formulations 15.10.2. Ceramics 15.10.3. Metallurgy 15.10.4. Refractories 15.11. Rest of Latin America Boron Oxide Market, By End User 15.11.1. Borosilicate Glass 15.11.2. E-Class Glass 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Material and R&D investment 16.4.2. New Product Launches and Product Enhancements 16.4.3. Market Consolidation 22.214.171.124. M&A by Regions, Investment and Material 126.96.36.199. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. GFS Chemicals Inc. 188.8.131.52. Company Overview 184.108.40.206. Financial Overview 220.127.116.11. Product Portfolio 18.104.22.168. Business Strategy 22.214.171.124. Recent Developments 126.96.36.199. Development Footprint 16.5.2. The Chemical Company 16.5.3. HDG Chemicals Ltd. 16.5.4. Acemler Chemco San A.S 16.5.5. Okandan Cam Sanayi Chemical Co. 16.5.6. BASF SE 16.5.7. Akzo Nobel N.V. 16.5.8. RPM International Inc. 16.5.9. PPG Industries Inc. 16.5.10. Hempel A/S