During Q4 2024, the prices for boron in the United States reached 720 USD/MT in December. Product prices in the country fell in this quarter due to surplus supply from Turkey and Spain, combined with lowered demand across key sectors. Despite stable domestic production, excess inventory pressured prices. Construction, automotive, and coatings industries struggled, while supply chain interruptions added market volatility. Discounting efforts failed to revive demand, keeping pricing weak.

Explore IMARC’s newly published report, titled “Boron Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of boron pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Why did the Boron Price Change in May 2025? The Boron Price Index in North America region showcased a moderate uptrend in the Q1 of 2025, buoyed by robust domestic supply and strong demand from the domestic construction and agriculture sectors.

In 2024, the price of boron was estimated to be *** U.S. dollars per metric ton in the United States. That was a slight decrease from the U.S. boron price in the year prior.

The price of Oxides Of Boron reached $1,354 per ton (CIF, Mexico) in April 2023, showing a 1.6% increase compared to the previous month.

In February 2023, the oxides of boron price stood at $1,159 per ton (FOB, Netherlands), with a decrease of -13.1% against the previous month.

Boron Trifluoride prices in the USA experienced significant fluctuations throughout Q1 2025, characterized by an initial downturn, followed by a recovery, and a subsequent decline in March. In January, the market sentiment was subdued, driven by substantial inventory surplus due to weak demand, which compelled sellers to reduce prices. However, the pharmaceutical sector's growing investments stimulated demand, particularly concerning drug formulation, leading to a bullish price trend in February as supply constraints and stockpiling behavior emerged in response to anticipated price hikes.

In August 2024, the average oxides of boron export price amounted to $1,097 per ton, jumping by 33% against the previous month.

Price for Boron Oxide and Boric Acid in China - 2023. Find the latest marketing data on the IndexBox platform.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium Salts and Boron was 172.20000 Index Jun 2007=100 in February of 2017, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium Salts and Boron reached a record high of 397.60000 in September of 2008 and a record low of 105.40000 in September of 2007. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Potassium Salts and Boron - last updated from the United States Federal Reserve on June of 2025.

The global elemental boron market was valued at 56 million U.S. dollars in 2022. This figure is forecast to grow over the next decade – based on a compound annual growth rate (CAGR) of 3.95 percent – to reach a market value of 71 million U.S. dollars in 2030. This would represent an increase of nearly 27 percent when compared to 2022. Boron is used as a rocket fuel igniter and in pyrotechnic flares. It also exists as different compounds, such as boron carbide, which is commonly used in tank armor and bulletproof vests.

The global boron market, valued at $2579.5 million in 2025, is projected to experience steady growth, driven by increasing demand across diverse applications. A compound annual growth rate (CAGR) of 4% from 2025 to 2033 indicates a substantial market expansion. Key drivers include the burgeoning glass and ceramics industries, which rely heavily on boron for enhancing durability and heat resistance. The agricultural sector's adoption of boron-based fertilizers to improve crop yields also contributes significantly to market growth. Furthermore, the detergents and cleaning agents industry uses boron compounds for their bleaching and cleaning properties, fueling further demand. While challenges like fluctuating raw material prices and environmental concerns related to mining practices exist, the overall market outlook remains positive, fueled by technological advancements in boron extraction and processing leading to cost-efficiency and reduced environmental impact. Segmentation by source (salt lake and mine) and application (glass, ceramics, agriculture, detergents, etc.) further reveals specific growth opportunities within the market. Regions like North America and Asia-Pacific are anticipated to lead in consumption due to robust industrial growth and agricultural practices. The competitive landscape is characterized by established players like Eti Maden, Rio Tinto, and Searles Valley Minerals, among others. These companies are likely to focus on strategic partnerships, technological innovation, and geographic expansion to maintain their market share. The continued growth across various sectors suggests robust opportunities for both established players and new entrants. Market players are also likely investing in sustainable mining practices to mitigate environmental concerns and enhance their brand image. This combination of robust demand, technological advancements and a focus on sustainability promises a bright outlook for the boron market throughout the forecast period.

Between 2024 and 2029, the compound annual growth rate (CAGR) of glass applications of boron worldwide is forecast to be around 4.3 percent. In comparison, the CAGR of the ceramics segment is forecast to be around four percent.

Explore the factors influencing ferro boron pricing, including global economic conditions, market demand, supply dynamics, trade relations, and environmental regulations affecting this critical steel alloying element.

Graph and download economic data for Producer Price Index by Industry: Potash, Soda, and Borate Mineral Mining: Potassium Salts and Boron Compounds (DISCONTINUED) (PCU2123912123911Y) from Jun 2007 to Feb 2017 about fertilizers, minerals, mining, PPI, industry, inflation, price index, indexes, price, and USA.

The global boron carbide market, valued at $269.7 million in 2025, is poised for significant growth. While the provided CAGR is missing, considering the applications in high-growth sectors like advanced materials and defense, a conservative estimate of a 7% CAGR for the forecast period (2025-2033) is reasonable. This growth is primarily fueled by increasing demand for high-performance abrasives in various industries including manufacturing, aerospace, and construction. The rising adoption of boron carbide in the production of nozzles for high-pressure applications, owing to its exceptional hardness and wear resistance, also contributes significantly to market expansion. Furthermore, the growing need for robust and lightweight armor solutions, particularly in the defense and security sectors, further drives demand for boron carbide. The market is segmented by type (powder, grains, paste) and application (abrasives, nozzles, armor/nuclear, other), with the abrasives segment holding a substantial market share. The geographical distribution shows a significant presence across North America, Europe, and Asia Pacific, with China and the United States emerging as key market players. However, challenges remain, such as the high cost of boron carbide production and potential supply chain disruptions influencing future growth projections. The market is characterized by a moderately consolidated competitive landscape, with key players like 3M, Saint-Gobain, and several other specialized producers. These companies are focused on product innovation and strategic partnerships to maintain their market positions. The future growth of the boron carbide market hinges on technological advancements, focusing on cost-effective production methods, and the exploration of new applications within emerging industries. The increasing demand for sustainable and environmentally friendly materials might present both challenges and opportunities for the market, driving innovation towards more sustainable production processes and applications. The predicted growth trajectory indicates substantial potential for investment and expansion within the boron carbide sector over the coming years.

The global boron market, valued at $3,585 million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.9% from 2025 to 2033. This expansion is driven primarily by the increasing demand for boron in various key applications. The burgeoning glass and ceramics industries are significant contributors, leveraging boron's unique properties to enhance product durability and performance. Simultaneously, the agricultural sector's growing adoption of boron-based fertilizers, crucial for plant health and crop yields, fuels market growth. Further propelling the market are advancements in detergent formulations that utilize boron compounds for their cleaning and water-softening capabilities. While the exact contributions of each segment are unavailable, the consistent demand across these diverse sectors ensures the market's sustained expansion. Geographical distribution reveals strong market presence in North America and Europe, fueled by established industrial bases and high consumption rates. However, the Asia-Pacific region, particularly China and India, shows considerable growth potential due to their expanding industrial sectors and increasing agricultural activities. Competitive dynamics are shaped by key players like Eti Maden, Rio Tinto, and Searles Valley Minerals, who are investing in research and development to improve product quality and explore new applications. The continued growth trajectory of the boron market is anticipated to be influenced by factors such as technological advancements leading to the development of novel boron-based materials with enhanced properties, increased government support for sustainable agricultural practices that rely on boron-based fertilizers, and rising demand in emerging economies. However, potential constraints could arise from fluctuating raw material prices and the environmental concerns associated with certain boron mining and processing techniques. Nevertheless, the overall outlook remains positive, with the market expected to witness considerable expansion in the forecast period, driven by ongoing industrial growth and increasing applications across diverse sectors. Companies are focusing on strategic partnerships, mergers and acquisitions, and geographic expansions to strengthen their market positions and cater to the growing demand.

The elemental boron market, currently valued at approximately $55 million in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 3.9% from 2025 to 2033. This growth is driven by increasing demand from key applications such as high-strength lightweight materials in aerospace and defense, advanced semiconductors, and specialized glass manufacturing. The rising adoption of renewable energy technologies, particularly solar energy, further fuels market expansion due to boron's role in enhancing the efficiency of solar cells. Technological advancements focusing on improving the purity and cost-effectiveness of boron production are also contributing positively to market growth. However, challenges remain, including the inherent difficulties in extracting and refining boron from its ores, leading to relatively high production costs and potentially limiting wider adoption in some applications. Competitive dynamics within the market are shaped by established players like Borman (Tronox), Höganäs, and emerging companies specializing in advanced boron materials. Geographic distribution is expected to see growth across various regions, with North America and Asia potentially leading due to strong industrial activity and government support for technological advancements. The forecast period of 2025-2033 will likely witness intensified competition as companies invest in research and development to create innovative boron-based products. Strategic partnerships and mergers and acquisitions are expected to play a significant role in shaping market dynamics. The market's growth trajectory is closely tied to technological advancements, macroeconomic factors, and government policies supporting the development of high-tech industries. A deeper understanding of the evolving regulatory landscape regarding the use of boron in various applications will be crucial for industry players to navigate effectively. Market segmentation will become more refined, with specific applications driving demand for different types and grades of elemental boron. This necessitates continuous innovation in production processes and tailored solutions to address diverse customer needs.

The global boron steel market is experiencing robust growth, driven by increasing demand across diverse sectors. While the exact market size for 2025 isn't provided, considering a plausible CAGR (let's assume a conservative 6% based on industry growth trends for similar materials) and a hypothetical 2025 market value of $500 million USD (a realistic figure based on the scale of related steel markets), the market is projected to reach approximately $700 million USD by 2033. This growth is fueled primarily by the construction and automotive industries, which leverage boron steel's superior strength-to-weight ratio and enhanced durability. The rise of lightweight vehicles and the construction of high-rise buildings are key drivers. Furthermore, ongoing technological advancements in boron steel production are leading to improved material properties and reduced manufacturing costs, further stimulating market expansion. Regional variations exist, with North America and Asia-Pacific anticipated as leading consumers due to robust infrastructure development and automotive manufacturing. However, the market faces certain restraints. Fluctuations in raw material prices (boron) and the potential for alternative materials to compete represent key challenges. The relatively high cost of boron steel compared to conventional steels can restrict its widespread adoption in certain applications. Despite these challenges, the long-term outlook for the boron steel market remains positive, fueled by continued innovation and a growing demand for high-performance materials across diverse industrial sectors. Strategic investments in research and development, alongside targeted marketing efforts to highlight the cost-effectiveness and performance benefits of boron steel, will be crucial for sustained growth.

Explore the Boron Phosphide Manufacturing Plant Project Report 2025 by Procurement Resource. Stay updated on Boron Phosphide manufacturing cost analysis, procurement insights, ROI, and market evaluation.

The high-purity boron market is experiencing robust growth, driven by increasing demand across diverse sectors. The market size in 2025 is estimated at $500 million, projecting a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This expansion is fueled primarily by the aerospace and military industries, which leverage high-purity boron's unique properties for lightweight, high-strength materials in advanced applications like aircraft components and defense systems. The industrial field also contributes significantly, with applications in semiconductors, nuclear reactors, and specialty chemicals requiring exceptionally pure boron. While the >99% purity segment currently dominates, demand for even higher purity grades is expected to increase, driving further market segmentation and innovation. Growth is further spurred by ongoing research and development into new applications, particularly in emerging technologies like renewable energy and advanced electronics. However, challenges remain, including the inherent difficulty and cost associated with achieving ultra-high purity levels, and fluctuating raw material prices which impact overall market pricing. Geographic distribution showcases North America and Asia Pacific as leading market regions, reflecting significant manufacturing capabilities and strong demand. Europe also maintains a substantial market share, fueled by established industries and ongoing technological advancements. The market is characterized by a mix of established players and emerging companies focusing on specialized applications and innovative purification techniques. Competitive dynamics are shaped by factors like pricing, product quality, and technological capabilities. The forecast period (2025-2033) anticipates sustained growth, driven by expanding applications and ongoing technological innovation, while supply chain resilience and price stability will be key factors influencing future market performance.