Press release
Boron Fertilizers Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What combination of drivers is leading to accelerated growth in the boron fertilizers market?
Anticipated growth in the boron fertilizers market is linked to increasing production of fruits and vegetables. Fruits are sweet or sour seed-bearing parts of plants that can be eaten raw, whereas vegetables are edible parts of a plant. Boron plays a vital role in protein synthesis, seed and cell wall development, germination of pollen grains, pollen tube growth, and eventually fruit set and yield. It also regulates glucose metabolism and aids in sugar translocation. Therefore, the growth of fruit and vegetable production are fueling the boron fertilizer market. For instance, a 2022 report from Statistics Canada, a national statistical agency based in Canada, indicated a national 6.1% increase in overall fruit and vegetable production to 3.5 billion kg. Ontario contributed 55.2% of all vegetable production in 2022, followed by Quebec at 34.0% and British Columbia at 3.1%. Fruit sales also saw an upsurge, growing by 15.3% to $1.4 billion in 2022. Hence, the escalating production of fruits and vegetables is propelling the boron fertilizers market's growth.
Get Your Boron Fertilizers Market Report Here:
https://www.thebusinessresearchcompany.com/report/boron-fertilizers-global-market-report
What is the projected compound annual growth rate (CAGR) of the boron fertilizers market from 2025 to 2034, and what factors influence it?
Over the past few years, the size of the boron fertilizers market has witnessed tremendous growth. The market, which was valued at $2.99 billion in 2024, is projected to increase to $3.23 billion in 2025, marking a compound annual growth rate (CAGR) of 7.8%. This significant surge during the historic period can be traced back to various factors, including the advancements in soil fertility studies, enhancement in crop yields, increased awareness about deficiencies, expansion in the mining industry, and the evolution in the fertilizer industry.
In the next few years, substantial growth is anticipated in the boron fertilizers market, with its value expected to reach $4.55 billion by 2029 at a compound annual growth rate (CAGR) of 9.0%. Reasons for this projected expansion during the forecast period include the adoption of precision farming techniques, the effects of climate change, sustainable farming initiatives, biofortification programs, and an increase in the demand for organic farming. Some of the major trends foreseen during this period include boron fertilization mapping, custom-made formulations suited to specific crops, microdosing and controlled release techniques, as well as a rise in organic, eco-friendly boron fertilizers and boron-based bio-stimulants.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11966&type=smp
How are the latest trends influencing the growth of the boron fertilizers market?
Leading businesses in the boron fertilizer market are shifting their attention towards the creation of inventive solutions such as diammonium phosphate (DAP) fertilizer, with the aim of boosting agricultural outputs and tackling nutrient scarcity in soil. Diammonium phosphate (DAP) fertilizer represents a frequently implemented chemical fertilizer which offers a duo of critical plant nutrients - nitrogen and phosphorus. A case in point is that Fauji Fertilizer Company Limited, a chemical manufacturing company based out of Pakistan, unveiled Sona Boron DAP, the country's original value-added diammonium phosphate fertilizer on the 23rd of April, 2024. This revolutionary product has a nutrient proportion of 18% nitrogen, 46% phosphorus, and 0.1% boron, addressing the substantial boron inadequacy noted in roughly 60% of Pakistan's soils. The objective of Sona Boron DAP is to raise crop production by 10-23% and it offers versatility in its use through fertigation during the later stages of plant growth.
What are the major segments of the boron fertilizers market and their role in driving growth?
The boron fertilizers market covered in this report is segmented -
1) By Fertilizer Type: Boric Acid, Borax, Boron Calcium Nitrate, Boron Humate, Other Types
2) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
3) By Application Method: Foliar Spray, Soil Treatment, Fertigation
4) By End-Use: Agriculture, Horticulture, Floriculture, Other End Uses
Subsegments:
1) By Boric Acid: Granular Boric Acid, Powdered Boric Acid
2) By Borax: Granular Borax, Powdered Borax
3) By Boron Calcium Nitrate: Standard Boron Calcium Nitrate, Specialty Formulations
4) By Boron Humate: Liquid Boron Humate, Granular Boron Humate
5) By Other Types: Sodium Borate, Boron-based Micronutrient Fertilizers, Foliar Boron Fertilizers
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11966
Which regions are key players in the growth of the boron fertilizers market?
Asia-Pacific was the largest region in the boron fertilizers market in 2024. The regions covered in the boron fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the boron fertilizers market?
Major companies operating in the boron fertilizers market include Bayer AG, Honeywell International Inc., Yara International ASA, INEOS Capital Limited, The Mosaic Company, Corteva Inc., Asahi Kasei Corporation, BASF Agricultural Solutions, U.S. Borax, China Green Agriculture Inc., Drexel Chemical Company, Verdesian Life Sciences, Kalyani Industries Limited, SCL Italia SpA, Rama Phosphates Ltd., Deveron Corp, AgroLiquid, JH Biotech Inc., Inkabor SAC, Microsource LLC, Koch Agronomic Services LLC, Quiborax SA, Minera Santa Rita SRL, OMEX Agricultural Holdings Limited, Aries Agro Limited, Valagro SpA, Rose Mill Co
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=11966&type=smp
What Is Covered In The Boron Fertilizers Global Market Report?
• Market Size Forecast: Examine the boron fertilizers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the boron fertilizers market for a structured understanding.
• Key Players Overview: Analyze major players in the boron fertilizers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the boron fertilizers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the boron fertilizers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the boron fertilizers market.
• Industry Challenges: Identify potential risks and obstacles affecting the boron fertilizers market.
• Competitive Landscape: Review strategic developments in the boron fertilizers market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
Anticipated growth in the boron fertilizers market is linked to increasing production of fruits and vegetables. Fruits are sweet or sour seed-bearing parts of plants that can be eaten raw, whereas vegetables are edible parts of a plant. Boron plays a vital role in protein synthesis, seed and cell wall development, germination of pollen grains, pollen tube growth, and eventually fruit set and yield. It also regulates glucose metabolism and aids in sugar translocation. Therefore, the growth of fruit and vegetable production are fueling the boron fertilizer market. For instance, a 2022 report from Statistics Canada, a national statistical agency based in Canada, indicated a national 6.1% increase in overall fruit and vegetable production to 3.5 billion kg. Ontario contributed 55.2% of all vegetable production in 2022, followed by Quebec at 34.0% and British Columbia at 3.1%. Fruit sales also saw an upsurge, growing by 15.3% to $1.4 billion in 2022. Hence, the escalating production of fruits and vegetables is propelling the boron fertilizers market's growth.
Get Your Boron Fertilizers Market Report Here:
https://www.thebusinessresearchcompany.com/report/boron-fertilizers-global-market-report
What is the projected compound annual growth rate (CAGR) of the boron fertilizers market from 2025 to 2034, and what factors influence it?
Over the past few years, the size of the boron fertilizers market has witnessed tremendous growth. The market, which was valued at $2.99 billion in 2024, is projected to increase to $3.23 billion in 2025, marking a compound annual growth rate (CAGR) of 7.8%. This significant surge during the historic period can be traced back to various factors, including the advancements in soil fertility studies, enhancement in crop yields, increased awareness about deficiencies, expansion in the mining industry, and the evolution in the fertilizer industry.
In the next few years, substantial growth is anticipated in the boron fertilizers market, with its value expected to reach $4.55 billion by 2029 at a compound annual growth rate (CAGR) of 9.0%. Reasons for this projected expansion during the forecast period include the adoption of precision farming techniques, the effects of climate change, sustainable farming initiatives, biofortification programs, and an increase in the demand for organic farming. Some of the major trends foreseen during this period include boron fertilization mapping, custom-made formulations suited to specific crops, microdosing and controlled release techniques, as well as a rise in organic, eco-friendly boron fertilizers and boron-based bio-stimulants.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11966&type=smp
How are the latest trends influencing the growth of the boron fertilizers market?
Leading businesses in the boron fertilizer market are shifting their attention towards the creation of inventive solutions such as diammonium phosphate (DAP) fertilizer, with the aim of boosting agricultural outputs and tackling nutrient scarcity in soil. Diammonium phosphate (DAP) fertilizer represents a frequently implemented chemical fertilizer which offers a duo of critical plant nutrients - nitrogen and phosphorus. A case in point is that Fauji Fertilizer Company Limited, a chemical manufacturing company based out of Pakistan, unveiled Sona Boron DAP, the country's original value-added diammonium phosphate fertilizer on the 23rd of April, 2024. This revolutionary product has a nutrient proportion of 18% nitrogen, 46% phosphorus, and 0.1% boron, addressing the substantial boron inadequacy noted in roughly 60% of Pakistan's soils. The objective of Sona Boron DAP is to raise crop production by 10-23% and it offers versatility in its use through fertigation during the later stages of plant growth.
What are the major segments of the boron fertilizers market and their role in driving growth?
The boron fertilizers market covered in this report is segmented -
1) By Fertilizer Type: Boric Acid, Borax, Boron Calcium Nitrate, Boron Humate, Other Types
2) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
3) By Application Method: Foliar Spray, Soil Treatment, Fertigation
4) By End-Use: Agriculture, Horticulture, Floriculture, Other End Uses
Subsegments:
1) By Boric Acid: Granular Boric Acid, Powdered Boric Acid
2) By Borax: Granular Borax, Powdered Borax
3) By Boron Calcium Nitrate: Standard Boron Calcium Nitrate, Specialty Formulations
4) By Boron Humate: Liquid Boron Humate, Granular Boron Humate
5) By Other Types: Sodium Borate, Boron-based Micronutrient Fertilizers, Foliar Boron Fertilizers
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11966
Which regions are key players in the growth of the boron fertilizers market?
Asia-Pacific was the largest region in the boron fertilizers market in 2024. The regions covered in the boron fertilizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the boron fertilizers market?
Major companies operating in the boron fertilizers market include Bayer AG, Honeywell International Inc., Yara International ASA, INEOS Capital Limited, The Mosaic Company, Corteva Inc., Asahi Kasei Corporation, BASF Agricultural Solutions, U.S. Borax, China Green Agriculture Inc., Drexel Chemical Company, Verdesian Life Sciences, Kalyani Industries Limited, SCL Italia SpA, Rama Phosphates Ltd., Deveron Corp, AgroLiquid, JH Biotech Inc., Inkabor SAC, Microsource LLC, Koch Agronomic Services LLC, Quiborax SA, Minera Santa Rita SRL, OMEX Agricultural Holdings Limited, Aries Agro Limited, Valagro SpA, Rose Mill Co
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=11966&type=smp
What Is Covered In The Boron Fertilizers Global Market Report?
• Market Size Forecast: Examine the boron fertilizers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the boron fertilizers market for a structured understanding.
• Key Players Overview: Analyze major players in the boron fertilizers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the boron fertilizers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the boron fertilizers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the boron fertilizers market.
• Industry Challenges: Identify potential risks and obstacles affecting the boron fertilizers market.
• Competitive Landscape: Review strategic developments in the boron fertilizers market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
