Calcium borate is usually obtained from ulexite and colemanite ores and is manufactured by reacting calcium salts with boric acid. It is a bluish-white crystal used as a fertilizer, ceramic flux, and flame retardant. Calcium borate is used in textile glass fiber reinforcement. Textile glass fibers are high strength fibers which are composed of glass used in home furnishing fabrics, reinforced plastics, and tires.
MARKET DYNAMICS
The increasing demand for flame retardants and ceramics from the building & construction industry is bolstering the calcium borate market. Besides, the use of calcium borate to manufacture ceramic flux for ceramic production has been responsible for the large-scale calcium borate consumption. The calcium borate fertilizers are used in agricultural farmlands worldwide. The growing need for increasing per hectare yield of crops from farmlands has been boosting the calcium borate market's growth. The increasing GDP of emerging economies, such as the BRICS nations, is anticipated to open new opportunities for the calcium borate market in the coming years. However, the high price of calcium borate and the substitute available for it might hinder the global calcium borate market's growth.
MARKET SCOPE
The "Global Calcium Borate Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the calcium borate market with detailed market segmentation by application and end-user industry. The global calcium borate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading calcium borate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global calcium borate market is segmented into application and end-user industry. By application, the calcium borate market is classified into Ceramic Flux & Glazes, Fertilizer, Flame Retardants, Reinforced Glass Fiber. By end-user industry, the calcium borate market is classified into Automotive, Construction, Agriculture, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global calcium borate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The calcium borate 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 calcium borate market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. 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 calcium borate market in these regions.
MARKET PLAYERS
The report covers vital developments in the calcium borate 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the calcium borate market are anticipated to lucrative growth opportunities in the future with the rising demand for calcium borate in the global market. Below mentioned is the list of few companies engaged in the calcium borate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the calcium borate market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Albemarle Corporation
- BASF SE
- American Borate Company
- Potclays Group
- Novista Chemicals
- Polynomous Industries Pvt Ltd
- Ferro Corporation
- ADS Agrotech (P) Ltd.
- DBS Chemicals
- MCA Industries
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.