Press release
Global Boron Market 2023 | Top Key Players, Growth Analysis, Trends And Forecast To 2032
Boron Market Analysis
The Business Research Company's Boron Global Market Report 2023 identifies increasing demand for mining, improving technologies, and emerging markets as the major driver for the boron market's growth in the forecast period. For instance, in 2022, according to International Trade Administration, a US-based government agency, mining accounted for almost 10% of the total GDP in 2020, being a major contributor to Australia's economy.
The global boron market size will grow from $3.87 billion in 2022 to $4 billion in 2023 at a compound annual growth rate (CAGR) of 3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The boron market size is expected to grow from $4.88 billion in 2027 at a CAGR of 5.1%.
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Major competitors in the boron market are Molecular Pty Limited, Boron Specialities LLC., Ceradyne Inc., 3M, and S B Boron Corporation.
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https://www.thebusinessresearchcompany.com/report/boron-global-market-report
The boron market is segmented -
1) By Type: Aerospace Composite Materials, Boronated Glasses, and Other Types- Boron
2) By Mining Type: Underground Mining, Surface Mining
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Middle East was the largest region in the boron market.
The Business Research Company's "Global Boron Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Boron Market Include:
1. Executive Summary
2. Report Structure
3. Boron Market Characteristics
4. Boron Market Product Analysis
5. Boron Market Supply Chain
……..
20. Key Mergers And Acquisitions In The Boron Market
21. Market Background: General Mineral Mining Market
22. Recommendations
23. Appendix
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