Borax Segment to Dominate North America Boron Fertilizers Market during 2021-2028.
According to a new market research study on “North America Boron Fertilizers Market to 2028 - COVID19 Impact and Analysis and Forecast by: Source and Application,” the market is expected to reach US$ 846.81 million by 2028 from US$ 491.78 million in 2021. The market is estimated to grow at a CAGR of 8.1% from 2021 to 2028. The report provides trends prevailing in the North America boron fertilizers market along with the drivers and restraints pertaining to the market growth. Growing awareness regarding the importance of boron in maintaining soil profile and nutritional balance is the major factor driving the growth of the North America boron fertilizers machine market. However, issues associated with the absence of awareness hinder the growth of North America boron fertilizers market.
The North America boron fertilizers market is segmented into source, application and country. Based on source, the North America boron fertilizers market is segmented into boric acid, borax, and others. The borax segment dominated the market in 2020 and boric acid segment is expected to be the fastest growing during the forecast period. By application, the boron fertilizers market is segmented into oilseed and pulses, fruits and vegetables, cereals and grains, and others. The fruits and vegetables segment dominated the North America boron fertilizers market in terms of value in 2020 and is expected to register the highest CAGR during the forecast period 2021-2028.
The US has the highest number of confirmed cases of COVID19, as compared to Mexico and Canada. This is likely to impact the fertilizer manufacturing industry in the region as, due to the COVID19, the overall manufacturing processes, research, and development activities and the supply chain is likely to get affected. In addition, COVID19 has impacted several industries including agriculture industry negatively in the US. All these industries are highly dependent on agricultural sector and thus generate a huge demand for fertilizers both macro and micronutrients.
Eti Maden; MCC Russian Bor; Minera Santa Rita S.R.L; ORO AGRI Europe; Quimical Tierra; Rose Mill Co.; The Mosaic Company; Valagro S.P.A.; and Yara are among the leading companies in the North America boron fertilizers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
According to a new market research study on “North America Boron Fertilizers Market to 2028 - COVID19 Impact and Analysis and Forecast by: Source and Application,” the market is expected to reach US$ 846.81 million by 2028 from US$ 491.78 million in 2021. The market is estimated to grow at a CAGR of 8.1% from 2021 to 2028. The report provides trends prevailing in the North America boron fertilizers market along with the drivers and restraints pertaining to the market growth. Growing awareness regarding the importance of boron in maintaining soil profile and nutritional balance is the major factor driving the growth of the North America boron fertilizers machine market. However, issues associated with the absence of awareness hinder the growth of North America boron fertilizers market.
The North America boron fertilizers market is segmented into source, application and country. Based on source, the North America boron fertilizers market is segmented into boric acid, borax, and others. The borax segment dominated the market in 2020 and boric acid segment is expected to be the fastest growing during the forecast period. By application, the boron fertilizers market is segmented into oilseed and pulses, fruits and vegetables, cereals and grains, and others. The fruits and vegetables segment dominated the North America boron fertilizers market in terms of value in 2020 and is expected to register the highest CAGR during the forecast period 2021-2028.
The US has the highest number of confirmed cases of COVID19, as compared to Mexico and Canada. This is likely to impact the fertilizer manufacturing industry in the region as, due to the COVID19, the overall manufacturing processes, research, and development activities and the supply chain is likely to get affected. In addition, COVID19 has impacted several industries including agriculture industry negatively in the US. All these industries are highly dependent on agricultural sector and thus generate a huge demand for fertilizers both macro and micronutrients.
Eti Maden; MCC Russian Bor; Minera Santa Rita S.R.L; ORO AGRI Europe; Quimical Tierra; Rose Mill Co.; The Mosaic Company; Valagro S.P.A.; and Yara are among the leading companies in the North America boron fertilizers market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the North America Boron Fertilizers market as follows:
North America Boron Fertilizers Market - By Source
- Boric Acid
- Borax
- Others
North America Boron Fertilizers Market - By Application
- Fruits and Vegetables
- Cereals and Grains
- Oilseeds and Pulses
- Others
North America Boron Fertilizers Market - By Country
- US
- Canada
- Mexico
Reasons to buy:
- Save and reduce time carrying out entrylevel research by identifying the growth, size, leading players and segments in the North America Boron Fertilizers Market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America Boron Fertilizers market, thereby allowing players across the value chain to develop effective longterm strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize indepth North America market trends and outlook coupled with the factors driving Boron Fertilizers market, as well as those hindering it
- Enhance the decisionmaking process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. North America Boron Fertilizers Market Landscape
5. North America Boron Fertilizers Market - Key Market Dynamics
6. Boron Fertilizers - North America Market Analysis
7. North America Boron Fertilizers Market Analysis - By Source
8. North America Boron Fertilizers Market Analysis - By Application
9. North America Boron Fertilizers Market - Country Analysis
10. Overview Impact of Coronavirus Outbreak on North America Boron Fertilizers Market
11. Company Profiles
12. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Eti Maden
- MCC Russian Bor
- Minera Santa Rita S.R.L
- ORO AGRI Europe
- Quimical Tierra
- Rose Mill Co.
- The Mosaic Company
- Valagro S.P.A.
- Yara