| Product Code: ETC205836 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The India boron powder market import shipment demonstrated a moderate expansion with a CAGR of 4.7% from 2020 to 2024. However, there was a significant slowdown in growth between 2023 and 2024, with a decline of 72.9%. The market's momentum shifted from growth to contraction, indicating a volatile trend in recent years.
Boron is a chemical element found in nature as borate minerals. It has many industrial applications due to its properties like high thermal and electrical conductivity, strength, hardness, etc. In India, Boron powder is used mainly for the production of glass, detergents and fertilizers.
The major driving factors of the India Boron Powder market are growing demand from various end-user industries such as automotive, electronics & electricals and construction industry; increasing use of boron compounds in medical treatments including cancer therapy; rising urbanization & industrialization rates across country boosting up growth prospects for related industries; availability of cheap labor force supporting cost efficiency measure by manufacturers and government support through initiatives likes Make in India project promoting manufacturing activities within the country.
The key challenges faced by players operating in this market are fluctuating raw material prices leading to pricing pressure on producers; stringent environmental regulations regarding usage & disposal of hazardous materials creating barriers for easy access to markets and lack of advanced technology hindering innovative product development opportunities.
Some key players identified in this market include Hindustan Unilever Limited (HUL), Tata Chemicals Ltd., KSB Pumps ltd., DCM Shriram Industries Ltd., Godrej Group, Gujarat State Fertilizer Corporation Ltd., UPL Limited etcetera among others. These companies have adopted different strategies such as new product launches/launching improved versions with better features to increase their presence in the India Boron Powder Market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Boron Powder Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Boron Powder Market Revenues & Volume, 2021 & 2031F |
3.3 India Boron Powder Market - Industry Life Cycle |
3.4 India Boron Powder Market - Porter's Five Forces |
3.5 India Boron Powder Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 India Boron Powder Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 India Boron Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for boron powder in various industries such as ceramics, electronics, and agriculture. |
4.2.2 Increasing investments in research and development for the development of innovative boron powder applications. |
4.2.3 Favorable government policies and initiatives to promote the use of boron powder in different sectors. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in boron powder production. |
4.3.2 Stringent environmental regulations impacting the production and usage of boron powder. |
4.3.3 Presence of substitutes for boron powder affecting market demand. |
5 India Boron Powder Market Trends |
6 India Boron Powder Market, By Types |
6.1 India Boron Powder Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Boron Powder Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 India Boron Powder Market Revenues & Volume, By Amorphous, 2021-2031F |
6.1.4 India Boron Powder Market Revenues & Volume, By Crystalline, 2021-2031F |
6.2 India Boron Powder Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 India Boron Powder Market Revenues & Volume, By Oxygen Scavenger, 2021-2031F |
6.2.3 India Boron Powder Market Revenues & Volume, By Semiconductor Dopant, 2021-2031F |
6.2.4 India Boron Powder Market Revenues & Volume, By Refractory Additive, 2021-2031F |
6.2.5 India Boron Powder Market Revenues & Volume, By Cementation of Iron and Special Purpose Alloys, 2021-2031F |
6.2.6 India Boron Powder Market Revenues & Volume, By Neutron Absorber, 2021-2031F |
6.2.7 India Boron Powder Market Revenues & Volume, By Others, 2021-2031F |
7 India Boron Powder Market Import-Export Trade Statistics |
7.1 India Boron Powder Market Export to Major Countries |
7.2 India Boron Powder Market Imports from Major Countries |
8 India Boron Powder Market Key Performance Indicators |
8.1 Research and development expenditure on new boron powder applications. |
8.2 Number of patents filed for boron powder-related innovations. |
8.3 Percentage of boron powder used in new technological applications. |
8.4 Market penetration rate of boron powder in emerging industries. |
8.5 Adoption rate of sustainable practices in boron powder production. |
9 India Boron Powder Market - Opportunity Assessment |
9.1 India Boron Powder Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 India Boron Powder Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 India Boron Powder Market - Competitive Landscape |
10.1 India Boron Powder Market Revenue Share, By Companies, 2024 |
10.2 India Boron Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |