A15937 | Pages: NA | Jul 2022 | 135 Views | | |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Boron Fertilizers Market
Request Now !Boron is a micronutrient critical for the growth and the health of all crops. Boron fertilizer plays a key role in diverse range of plant function including cell wall formation and stability, maintenance of structure and functional integrity of biological membranes, movement of sugar or energy into the growing parts of a plant and pollination and seed set. The inadequate supply of nutrients affects the plant growth and results in quality losses of the plant. Thus, boron fertilizer is an essential nutrient for the plant development, which gives a rise for the growth of boron fertilizer market globally. The rising demand for food with growing population is creating a need for high yield crops in developing countries which interns expected to boost boron fertilizers market.
Availability of organic substitute of crops along with high prices of boron fertilizers are some of the main trends hindering the growth of the market.
Market scope and Structure Analysis
Report Metric | Detail |
Market size available for years | 2020-2030 |
Base year considered | 2020 |
Forecast period | 2021-2030 |
Forecast unit | Value (USD) |
Segments Covered | Type, Application and Region |
Companies Covered | Jinma Boron Rock, Searles Valley Minerals, Borax, Quiborax, Fengcheng Chemical, Kuandian Oriental Chemical, Etimine, Inkabor, Russian Bor, Tierra, PDJXHG, SCL, Minera Santa Rita, Eti Maden |
Covid-19 Impact Analysis
Top Impacting Factors
Rise in investment in agricultural sector and horticulture sector, increasing concern for soil structure and rise in demand for high yields globally are the factors for the growth of boron fertilizers market. Similarly, some underdeveloped and developing country lack problem of food storage due to poor infrastructure facilities. The rising demand for food with growing population is creating need for high yields crops in these countries, which in turn is expected to boost the boron fertilizers market. The production and export of fruits and vegetables have led to increase in crop plantation area. This create a demand for crops sustaining and protecting fertilizers market for high yield, which in return is expected to drive the road for boron fertilizers market across the globe.
Market trends
Key Benefits of the Report
Key Market Segments
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