Press release
High Purity Boron Market size and Key Trends in terms of volume and value 2018 to 2027
High purity boron market is expected to gain high traction in the coming years, owing to increasing use as raw material for the control rod of atomic reactor and as catalyst in organic synthetic process. Insolubility of high purity boron in water, alcohol, hydrochloric acid, and ether is the key demand driving determinant. Top players operating in high purity boron market are focusing on the development of enriched products for specific applications. Emerging trends of incorporating nano-materials across various industries are likely to expand the application potential of high purity born which in turn favors the market growth.
A new report available with Fact.MR, about the global high purity boron market, provides a comprehensive outlook of the industry trends. Sharp-eyed analysis of the changing global needs and consumption of high purity boron are few of the prime factors impacting the growth of the market.
High purity metal industry experiences the pressure of providing better performance, quality, and affordability. High purity boron is highly sought after in the electronics industry. Further, it is utilized as a semiconductor dopant (for monocrystalline silicon doping), target material, coating or hardening agent, oxygen scavenger, refractory additive and a neutron absorber in nuclear reactor controls. Boron carbide is used in light-weight armor applications for military purposes.
Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=638
Absent in free form, boron is naturally found as compounds of borates, colemanite, and orthoboric acid. Worldwide industries utilize mainly four forms of borate minerals including colemanite, kernite, tincal, and ulexite to produce different forms of boron. Turkey and the United States hold the largest resources of boron, followed by North America, South America, Europe, and Asia. According to the U.S. Geological Survey, Approximately 70% of all deposits present in Turkey are colemanite. The deposits present in the U.S. consist majorly of tincal, kernite, and borates contained in brines, and to a lesser extent ulexite and colemanite. It has been estimated that at the current level of boron consumption, the world resources are adequate for the future utilization.
Manufacturers deliver different grades of high purity boron starting from 99% to 99.9999% according to the end-user application. The highest purity levels are also sold under the name of ultra-high purity boron. As demand for high purity metals is rising, only a number of global manufacturers are dominating the global. However, other specialty chemical providers are gradually entering the global market with different purity grades of boron.
Some of the key players in the global high purity boron market includes SB Boron, H.C. Starck GmbH, Dandong Chemical Engineering Institute (DCEI), CRS Chemicals, Baoding Zhongpuruituo Technology, New Metals and Chemicals Ltd., Tangshan Weihao Magnesium Powder, Yingkou Tanyun Chemical Research Institute Corporation, YingKou Liaobin Fine Chemicals, Liaoning Pengda Technology, and SkySpring Nanomaterials Inc. among others.
Ask an Analyst @ https://www.factmr.com/connectus/sample?flag=AE&rep_id=638
Disruptive Growth of Semiconductor Industry to Fuel Utilization
According to the World Semiconductor Trade Statistics’ (WSTS) latest forecast, the global semiconductor market is expected to reach US$ 451 billion in 2018, representing 9.5% of overall market growth. Rising penetration of artificial intelligence (AI), Internet of Things (IoT), and cloud based technology has fuelled the use of optoelectronics and sensors. Increased adoption of these devices has led to the rapid growth of the semiconductors industry. High purity boron is used in the manufacturing of silicon wafers where it is one of the elements used in the doping process along with other metals such as phosphorous and gallium. With the growing utilization of semiconductors, demand for high purity metals including boron is likely to rise in the foreseeable future.
Advances in Nanomaterial Technology to Influence Future Market Growth
Nanomaterials have now become an integral part of several industries including construction, packaging, healthcare, electrical and electronics, chemical products, and energy among others. High melting points, hardness, low density and electron deficient nature of boron makes it suitable for the development of nanomaterials such as boron nanowires, nanotubes, nanobelts, nanoribbons, and nanosheets among others. Boron nanomaterials find application in hydrogen storage, batteries, catalyst, superconductors, and other electronic components.
Further, research in the field of boron nanomaterials in under way to enhance its application potential. For instance, recently a combination of hexagonal boron nitride and graphene has been studied to enhance capacities of valleytronics, an emerging field of semiconductor technology. Another study on boron nitride nanotubes (BNNTs) has revealed that BNNT microfibrils remain stable at higher temperatures such as 1000OC. The observation can be further extended in the aircraft industry to use BNNTs as an alternative to carbon nanotubes (CNTs).
Request TOC of this Report @ https://www.factmr.com/connectus/sample?flag=T&rep_id=638
In conclusion, the global high purity boron market growth is mainly spurred by the expansion of semiconductor industry as well as innovations in nanomaterial technology. Details highlighted are thoroughly discussed in the report, providing the most credible source of the research for the global high purity boron market.
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact us
Fact.MR
353-1-6111-593
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release High Purity Boron Market size and Key Trends in terms of volume and value 2018 to 2027 here
News-ID: 1438898 • Views: …
More Releases from Fact.MR
Non-Alcoholic Wine Market to Expand at 10% CAGR, Reaching $5.2 Billion by 2033
The global demand for non-alcoholic wine is predicted to grow at a 10% CAGR between 2023 and 2033. The global non-alcoholic wine market is currently valued at $2 billion and is expected to grow to $5.2 billion by 2033.
Increased demand for nonalcoholic wine in Middle Eastern nations like Kuwait and the UAE will drive market expansion. Athletes and pregnant women are the primary consumers of non-alcoholic wine. The health ramifications…
Personal Floatation Devices Market Soars, Expected to Hit US$ 8,014 Million by 2 …
The global personal floatation devices market is expected to be valued at US$ 3,178.7 million in 2022, growing at a CAGR of 9.7% to US$ 8,014 million by the end of 2032.
The personal flotation device market is transitioning from 'distributor-based' sales to direct-to-customer online channels. Catering to the needs of last-mile consumers is a profitable opportunity for manufacturers, and utilising online sales channels can help businesses capitalise on the emerging…
Paper Bottle Market Expected to Expand at 6.2% CAGR by 2033
The Paper Bottles Market is estimated to reach US $ 53.31 million by 2033, with a 6.2% growth rate during the forecast period.
Paper bottle sales are fast increasing, owing to both the growing need for alternatives to plastic bottles and the degradability and eco-friendliness of these containers. Paper bottle sales are expected to rise as demand for beverages rises and effective storage becomes more important.
Get Free Sample Copy of This…
Halloumi Cheese Market Surges Past US$ 1.2 Billion Mark by 2033, Fueled by 10.4% …
It is anticipated that halloumi cheese market will be valued at US$ 445 million in 2023 and surpass US$ 1.2 billion by the end of 2033. It is projected that the worldwide market for halloumi cheese will grow at an astounding rate of 10.4% CAGR till 2033.
Cyprus, a Middle Eastern nation, is the birthplace of halloumi cheese, which has been made there by local farmers for generations. Since this nation…
More Releases for Boron
Boron Minerals and Boron Chemicals Market To Stand Tall From 2016-2026
Boron Minerals and Boron Chemicals Market: Introduction
Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew…
Global Boron Nitride and Boron Carbide Market Analysis, 2014-2025
The global Blister and Other High Visibility Packaging market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Blister and Other High Visibility Packaging volume and value at global level, regional level and company level. From a global perspective, this report represents overall Blister and Other High Visibility…
Boron Market Growth Latest Report 2018 | Top Manufacturers Analysis – Boron Sp …
Adroit Market Research offers 2018 report on “Boron Market 2025” that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2025.
About the Boron Market:
One of the major factors driving the boron market growth is increasing demand for electronic products and rising penetration of fiberglass in markets predictably held by steel…
Boron Minerals and Boron Chemicals Market to Register Strong Growth by 2026
Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew water boron concentration is ranges from…
Boron Minerals and Boron Chemicals Market to Witness Comprehensive Growth by 202 …
Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew water boron concentration is ranges from…
Boron Minerals And Boron Chemicals Market Perceive Robust Expansion by 2026
Boron Minerals and Boron Chemicals Market: Introduction
Boron is an indispensable element, mostly found in soil, water and rocks across the globe. The average soil boron concentration is in the range of 10 to 20 ppm, however most of the areas across the globe is boron deficient. High concentration of boron in soil has found in western part of the U.S. and area in between Mediterranean to Kazakhstan. The average sew…
