Boron is a chemical element and is called amorphous boron. It is a brown powder. Elemental boron is rarely found in nature in its pure form and is used as a dopant in the semiconductor industry. The most important boron compounds are boric (or boracic) acid, borax (sodium borate), and boric oxide. Boron can be found in eye drops, mild antiseptics, washing powders, and tile glazes. Boron is used for building strong bones, treating osteoarthritis, as an aid for building muscles and increasing testosterone levels, and also for improving thinking skills and muscle coordination.
The elemental boron market has witnessed a significant growth owing to factors such as high growth in the chemical industry. Moreover, the growth of pharmaceutical industry provides a huge market opportunity for the key players operating in the elemental boron market. However, rising regulations on the hazardous chemicals is projected to hamper the overall growth of the elemental boron market.
The “Global Elemental Boron Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the elemental boron market with detailed market segmentation type, application and geography. The global elemental boron market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading elemental boron market players and offers key trends and opportunities in the market.
The global elemental boron market is segmented on the basis of type and application. On the basis of type, the global elemental boron market is divided into purity 90-92% and purity 94-96%. On the basis of application, the global elemental boron market is divided into metallurgy, electronics, medicine and ceramics.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global elemental boron market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The elemental boron market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the elemental boron market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the elemental boron market in these regions.
Impacts of Covid-19 on the Market
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘elemental boron market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.
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The reports cover key developments in the elemental boron market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from elemental boron market is anticipated to lucrative growth opportunities in the future with the rising demand for elemental boron in the global market. Below mentioned is the list of few companies engaged in the elemental boron market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the elemental boron market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Baoding Pengda New Material Technology
- CRS Chemicals
- Dandong Chemical Engineering Institute (DCEI)
- H.C. Starck GmbH
- New Metals and Chemicals Ltd.
- Noah Technologies Corporation
- Tangshan Weihao Magnesium Powder
- Tronox Limited
- YingKou Liaobin Fine Chemicals
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