| Product Code: ETC205837 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The boron powder market in Thailand is small but growing. It was valued at approximately $2.13 million in 2025 and is expected to reach a value of around $4 million, registering a CAGR of 9% during the forecast period. The key factors driving the growth of this market are increasing demand for high-performance materials from various industries, such as automotive, aerospace, electronics manufacturing and construction; growth of enduser industries; and rising awareness about boron compounds` superior properties over other conventional materials. Moreover, technological advancements have enabled improved product performance through nanotechnology applications such as nano powders).
The Thailand boron powder market`s growth is linked to its applications in metallurgy, ceramics, and pyrotechnics. Boron powder is used as an additive to impart specific properties to materials and as a fuel in certain pyrotechnic compositions. The performance of sectors like metallurgy and ceramics, along with safety regulations in pyrotechnics, impacts the market dynamics.
Boron powder is used in diverse applications, including metallurgy and energy storage. Challenges include the need for efficient extraction methods and the market`s susceptibility to price fluctuations. Research into cost-effective extraction techniques and strategic market positioning are essential to address these challenges.
The boron powder market faced challenges as sectors like ceramics and metallurgy, which use boron powder, experienced disruptions. The market`s recovery is contingent upon the resumption of industrial activities and increased demand for related products.
In the Thailand boron powder market, key players such as BoronTech Industries, PowderTech Solutions, and Advanced Materials Corp. play vital roles. BoronTech Industries is a leading producer of boron powder, catering to applications ranging from electronics to metallurgy. PowderTech Solutions specializes in powder manufacturing, offering high-quality boron powder for various industries. Advanced Materials Corp. focuses on advanced material solutions, contributing to sectors like ceramics and aerospace. These key players drive technological innovation and industrial growth by supplying essential boron powder for diverse applications in Thailand.
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 Thailand Boron Powder Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Boron Powder Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Boron Powder Market - Industry Life Cycle |
3.4 Thailand Boron Powder Market - Porter's Five Forces |
3.5 Thailand Boron Powder Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Thailand Boron Powder Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Thailand Boron Powder Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as ceramics, electronics, and agriculture that use boron powder in their manufacturing processes. |
4.2.2 Increasing investments in research and development for new applications of boron powder, such as in energy storage systems and advanced materials. |
4.2.3 Favorable government policies and initiatives supporting the use of boron powder in various industries in Thailand. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of boron powder, impacting the overall production cost. |
4.3.2 Environmental concerns regarding the mining and processing of boron minerals, leading to stricter regulations and compliance requirements. |
5 Thailand Boron Powder Market Trends |
6 Thailand Boron Powder Market, By Types |
6.1 Thailand Boron Powder Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Boron Powder Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Thailand Boron Powder Market Revenues & Volume, By Amorphous, 2021-2031F |
6.1.4 Thailand Boron Powder Market Revenues & Volume, By Crystalline, 2021-2031F |
6.2 Thailand Boron Powder Market, By End Users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Boron Powder Market Revenues & Volume, By Oxygen Scavenger, 2021-2031F |
6.2.3 Thailand Boron Powder Market Revenues & Volume, By Semiconductor Dopant, 2021-2031F |
6.2.4 Thailand Boron Powder Market Revenues & Volume, By Refractory Additive, 2021-2031F |
6.2.5 Thailand Boron Powder Market Revenues & Volume, By Cementation of Iron and Special Purpose Alloys, 2021-2031F |
6.2.6 Thailand Boron Powder Market Revenues & Volume, By Neutron Absorber, 2021-2031F |
6.2.7 Thailand Boron Powder Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Boron Powder Market Import-Export Trade Statistics |
7.1 Thailand Boron Powder Market Export to Major Countries |
7.2 Thailand Boron Powder Market Imports from Major Countries |
8 Thailand Boron Powder Market Key Performance Indicators |
8.1 Research and development investment in new boron powder applications. |
8.2 Adoption rate of boron powder in emerging industries in Thailand. |
8.3 Environmental sustainability initiatives implemented by companies in the boron powder market in Thailand. |
9 Thailand Boron Powder Market - Opportunity Assessment |
9.1 Thailand Boron Powder Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Thailand Boron Powder Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Thailand Boron Powder Market - Competitive Landscape |
10.1 Thailand Boron Powder Market Revenue Share, By Companies, 2024 |
10.2 Thailand Boron Powder Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |