Product Code: ETC208357 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Thailand Boron Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 2.67% in 2025 and reaches 9.22% by 2029.
Thailand's Boron market is anticipated to experience a stable growth rate of 3.68% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The boron market in Thailand was valued at around USD 3.3 million in 2025 and is anticipated to grow at a CAGR of 7% due to growing demand from various industries such as automotive, electronics & electricals, pharmaceuticals etc., coupled with its cheaper cost than other materials present multiple opportunities for manufacturers operating across different sectors within this regional market. Increasing awareness regarding health benefits associated with consumption of boron supplements such as calcium fructoborate - an organic form of boron will also contribute significantly towards boosting overall sales volume over the coming years.
The diverse applications of boron in glass, ceramics, agriculture, and electronics have been significant market drivers. Boron`s roles in strengthening materials, improving plant growth, and electronics manufacturing have fueled its demand across various sectors.
Boron, with applications in diverse industries like agriculture and electronics, faces challenges concerning sustainable sourcing and environmental concerns. These challenges became more intricate during the pandemic, leading to potential disruptions in the supply chain.
The boron market faced challenges as industrial production dipped during lockdowns. Sectors such as electronics and agriculture, which utilize boron in various processes, were impacted. The market`s recovery is linked to the resurgence of these sectors.
The Thailand boron market features key players like BoronMiner Co., Elemental Boron Ltd., and BoronTech Innovations. BoronMiner Co. specializes in boron extraction and processing, contributing to sectors like ceramics, agriculture, and electronics. Elemental Boron Ltd. focuses on refining and supplying boron compounds for diverse applications. BoronTech Innovations specializes in innovative boron-based materials, providing solutions for industries seeking enhanced properties. These key players play a pivotal role in supporting various industries with high-quality boron products 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 Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Boron Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Boron Market - Industry Life Cycle |
3.4 Thailand Boron Market - Porter's Five Forces |
3.5 Thailand Boron Market Revenues & Volume Share, By By End-user Industry, 2021 & 2031F |
4 Thailand Boron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Boron Market Trends |
6 Thailand Boron Market, By Types |
6.1 Thailand Boron Market, By By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 Thailand Boron Market Revenues & Volume, By By End-user Industry, 2021-2031F |
6.1.3 Thailand Boron Market Revenues & Volume, By Agriculture, 2021-2031F |
6.1.4 Thailand Boron Market Revenues & Volume, By Transportation, 2021-2031F |
6.1.5 Thailand Boron Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.1.6 Thailand Boron Market Revenues & Volume, By Detergents, 2021-2031F |
6.1.7 Thailand Boron Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.8 Thailand Boron Market Revenues & Volume, By Electronics, 2021-2031F |
7 Thailand Boron Market Import-Export Trade Statistics |
7.1 Thailand Boron Market Export to Major Countries |
7.2 Thailand Boron Market Imports from Major Countries |
8 Thailand Boron Market Key Performance Indicators |
9 Thailand Boron Market - Opportunity Assessment |
9.1 Thailand Boron Market Opportunity Assessment, By By End-user Industry, 2021 & 2031F |
10 Thailand Boron Market - Competitive Landscape |
10.1 Thailand Boron Market Revenue Share, By Companies, 2024 |
10.2 Thailand Boron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |