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Boron Fertilizers Market Report 2023 : Size, Trends, Drivers, Growth And Outlook 2032 | Bayer AG, Honeywell International Inc., Yara International ASA, INEOS Capital Limited, The Mosaic Company
Boron Fertilizers Market Research
The Business Research Company's Boron Fertilizers Global Market Report 2023 identifies rising production of fruits and vegetables as the major driver for the Boron Fertilizers Market's growth in the forecast period. Boron is necessary for protein synthesis, the development of seed and cell walls, pollen grain germination, pollen tube expansion, and ultimately fruit set and yield, it also controls glucose metabolism and aids in sugar translocation; hence the rising production of fruits and vegetables is expected to boost the boron fertilizer market.
The global boron fertilizers market size is expected to grow from $2.54 billion in 2022 to $2.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 size of boron fertilizers market is expected to reach $3.78 billion in 2027 at a CAGR of 8.1%.
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Major competitors in the Boron Fertilizers Market are Bayer AG, Honeywell International Inc., Yara International ASA, INEOS Capital Limited, The Mosaic Company, Corteva Inc., Asahi Kasei Corporation, BASF Agricultural Solutions, U.S. Borax, China Green Agriculture Inc., Drexel Chemical Company, Verdesian Life Sciences, Kalyani Industries Limited, SCL Italia SpA, Rama Phosphates Ltd., Deveron Corp, AgroLiquid, JH Biotech Inc., Inkabor SAC, Microsource LLC, Koch Agronomic Services LLC, Quiborax SA, Minera Santa Rita SRL, OMEX Agricultural Holdings Limited, Aries Agro Limited, Valagro SpA, and Rose Mill Co.
A key trend in the Boron Fertilizers Market includes product innovation. Major companies operating in the boron fertilizer market are focusing on developing new products. For instance, in January 2021, U.S. Borax, a US-based leader in the production, supply, and science of borates, launched ANHYBOR boron fertilizer to meet the boron demand.
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The Boron Fertilizers Market is segmented -
By Fertilizer Type: Boric Acid, Borax, Boron Calcium Nitrate, Boron Humate, Other Types
By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
By Application Method: Foliar Spray, Soil Treatment, Fertigation
By End-Use: Agriculture, Horticulture, Floriculture, Other End Uses
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Boron Fertilizers Market.
The Business Research Company's "Global Boron Fertilizers 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 Fertilizers Market Include:
1. Executive Summary
2. Boron Fertilizers Market Characteristics
3. Boron Fertilizers Market Trends And Strategies
4. Boron Fertilizers Market - Macro Economic Scenario
5. Global Boron FertilizersHistoric Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Boron Fertilizers Market Competitive Benchmarking
33. Global Boron Fertilizers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Boron Fertilizers Market
35. Boron Fertilizers Market Future Outlook and Potential Analysis
36. Appendix
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