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Boron Fertilizers Market to Witness Rapid Growth in Demand During 2021 - 2028 with 8.4% CAGR
Boron Fertilizers Market
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Players Mentioned are -
Eti Maden
Minera Santa Rita S.R.L.
ORO AGRI Europe
Valagro S.P.A.
The Mosaic Company
Quiborax
Quimical Tierra
Rose Mill Co.
MCC Russian Bor
Yara
The deficiency of boron is one of the most common nutritional problems affecting plant growth. To meet out such deficiency, boron is supplied synthetically to the plants in the form of fertilizers through soil. Boron fertilizers are used to provide texture to the crop, enhance soil quality, increase soil uptake, and boost the overall agricultural output. Therefore, boron-based fertilizers are majorly added in soil where the land available for crop production is scarce, and the pressure to enhance crop productivity is high.
Impact of COVID-19 Pandemic on Boron Fertilizers Market
The COVID-19 outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global agriculture industry is one of the significant industries suffering severe disruptions such as supply chain breaks, labor shortage, and uncertain demand. The shutdown of various plants and factories is disrupting the global supply chains and negatively impacting the manufacturing activities, delivery schedules, and products sales in the global market. A few companies have already announced possible delays in product deliveries and slump in future sales of their products.
The report includes the segmentation of the global boron fertilizers market as follows:
Boron Fertilizers Market, by Source
Boric Acid
Borax
Boron Fertilizers Market, by Application
Fruits and Vegetables
Cereals and Grains
Oilseeds and Pulses
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Sr. Vice President - Research
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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