India Boron Market (2025-2031) Outlook | Value, Growth, Size, Revenue, Forecast, Analysis, Trends, Share, Companies & Industry

Market Forecast By End-user Industry (Agriculture, Transportation, Building and Construction, Detergents, Healthcare, Electronics, Others) And Competitive Landscape

Product Code: ETC208356 Publication Date: Aug 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 60 No. of Figures: 40 No. of Tables: 7

India Boron Market Import Shipment Trend (2020-2024)

The India boron market import shipments showed a steady growth trend with a CAGR of 4.7% from 2020 to 2024. However, there was a significant decline in growth momentum between 2023 and 2024, with a decrease of 72.9%. Overall, the market exhibited expansion but witnessed a sharp slowdown in the latest period.

Graph Showing India boron market Shipment Trend & Volume from 2020-2024

India Boron Market Overview

The boron market in India is characterized by its applications in agriculture, chemicals, and materials science. Boron plays a crucial role in enhancing crop yield and quality through the production of boron-containing fertilizers. Additionally, it is used in the manufacturing of glass, ceramics, and various other products. As India focuses on improving agricultural practices and infrastructure development, the demand for boron is expected to remain steady, offering opportunities for market players.

Drivers of the Market

The India boron market is experiencing growth due to its wide-ranging applications, including in agriculture, glass manufacturing, and metallurgy. In agriculture, boron is used as a micronutrient in fertilizers to improve crop yields and quality. The expansion of the agriculture sector and the adoption of modern farming techniques are driving the demand for boron. The glass industry utilizes boron compounds to enhance the durability and heat resistance of glass products. Additionally, the metallurgical industry relies on boron for alloying and enhancing the properties of steel and other materials. As these industries continue to grow in India, the boron market is set to expand further.

Challenges of the Market

The India boron market faces challenges related to limited domestic production and competition from alternative materials. Boron is used in various industries, including ceramics and agriculture, but a lack of domestic production results in high import dependence. Additionally, alternative materials with similar properties can challenge boron`s market position. Moreover, the market needs to educate potential users about the benefits and applications of boron, as it is not widely recognized in India.

COVID-19 Impact on the Market

The boron market faced supply chain disruptions, impacting industries like glass and ceramics. Recovery was driven by increased demand in agriculture and electronics due to its versatile applications.

Key Players in the Market

In the India Boron market, notable players like AMG Mining and Dandong Chemical Engineering Institute (DCEI) India Pvt. Ltd. are crucial suppliers of boron products used in various industrial applications. These companies contribute to the development of advanced materials and technologies, including ceramics, semiconductors, and nuclear applications, promoting technological innovation in India.

Key Highlights of the Report:

  • India Boron Market Outlook
  • Market Size of India Boron Market, 2024
  • Forecast of India Boron Market, 2031
  • Historical Data and Forecast of India Boron Revenues & Volume for the Period 2021-2031
  • India Boron Market Trend Evolution
  • India Boron Market Drivers and Challenges
  • India Boron Price Trends
  • India Boron Porter's Five Forces
  • India Boron Industry Life Cycle
  • Historical Data and Forecast of India Boron Market Revenues & Volume By End-user Industry for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Transportation for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Building and Construction for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Detergents for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Healthcare for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of India Boron Market Revenues & Volume By Others for the Period 2021-2031
  • India Boron Import Export Trade Statistics
  • Market Opportunity Assessment By End-user Industry
  • India Boron Top Companies Market Share
  • India Boron Competitive Benchmarking By Technical and Operational Parameters
  • India Boron Company Profiles
  • India Boron Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Boron Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Boron Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Boron Market Revenues & Volume, 2021 & 2031F

3.3 India Boron Market - Industry Life Cycle

3.4 India Boron Market - Porter's Five Forces

3.5 India Boron Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F

4 India Boron Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand from agriculture sector for boron-containing fertilizers

4.2.2 Growing adoption of boron-based products in industrial applications

4.2.3 Rising investments in research and development for boron applications

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in boron production

4.3.2 Regulatory constraints and environmental concerns related to boron extraction

4.3.3 Competition from substitute products affecting market penetration

5 India Boron Market Trends

6 India Boron Market, By Types

6.1 India Boron Market, By End-user Industry

6.1.1 Overview and Analysis

6.1.2 India Boron Market Revenues & Volume, By End-user Industry, 2021-2031F

6.1.3 India Boron Market Revenues & Volume, By Agriculture, 2021-2031F

6.1.4 India Boron Market Revenues & Volume, By Transportation, 2021-2031F

6.1.5 India Boron Market Revenues & Volume, By Building and Construction, 2021-2031F

6.1.6 India Boron Market Revenues & Volume, By Detergents, 2021-2031F

6.1.7 India Boron Market Revenues & Volume, By Healthcare, 2021-2031F

6.1.8 India Boron Market Revenues & Volume, By Electronics, 2021-2031F

7 India Boron Market Import-Export Trade Statistics

7.1 India Boron Market Export to Major Countries

7.2 India Boron Market Imports from Major Countries

8 India Boron Market Key Performance Indicators

8.1 Number of research studies published on boron applications in India

8.2 Adoption rate of boron-containing fertilizers in agriculture

8.3 Percentage of industrial companies using boron-based products in their processes

9 India Boron Market - Opportunity Assessment

9.1 India Boron Market Opportunity Assessment, By End-user Industry, 2021 & 2031F

10 India Boron Market - Competitive Landscape

10.1 India Boron Market Revenue Share, By Companies, 2024

10.2 India Boron Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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