About Liquid Boron
Liquid boron is a liquid micronutrient fertilizer for crops that has requirements for additional boron. It helps both curative and preventive solutions to control the insufficiency and deficiency of boron in the crops. This type of boron helps in the growth and health of all crops and recovers the stunt root growth of plants. It also supports nitrogen metabolism, cell division, and increased flowering and fruiting. Liquid boron is suitable for soil and foliar application and is also compatible with most pesticides.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.7% |
The global liquid boron Market is a fragmented market with the presence of various players. Wide range of liquid boron in the market resulting in growth in distribution channels and suppliers. The players are focusing on research and development activities and their applications in different industries Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Liquid Boron market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Swetha Agrotech (India), Peptech Biosciences Ltd. (India), Devik Product Solution (India), Plant Food Company, Inc. (United States), AgroLiquid. (United States), WinField United (United States), Simplot Grower Solutions (United States), Yara International (Norway) and JH Biotech, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Liquid Boron market by Type (Boron 10%, Boron 11% and Others), Application (Vegetable Crop, Field Crop and Fruit Crop) and Region.
On the basis of geography, the market of Liquid Boron has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Liquid Boron market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rise in Adoption Of Liquid Boron In The Agriculture Field As It Is Used As Both Fertilizer And Pesticides
Market Growth Drivers:
Growing Demand of Micronutrients for Growth of Plants and Trees in the Agriculture and Increasing Need for Easy Applicable Fertilizer to Improve Yields and Crop Quality
Challenges:
Lacking in Promotional Activities Constraining Liquid Boron Market Value
Restraints:
Presence of Several Low-quality Liquid Boron in the Market in Lower Prices
Opportunities:
Growing Agriculture Industry Creating Huge Opportunity for Liquid Boron Market
Market Leaders and their expansionary development strategies
In January 2024, Krones is set to acquire Switzerland-based injection molding machine supplier Netstal. Netstal reportedly generated revenue of more than €200m. The profitability of the company is currently below the Krones Group level, but this gap is expected to be closed over the coming years.
In December 2020, Turkey's Energy and Natural Resources Minister Fatih Dönmez on Dec. 16 launched a new Turkish-made dishwasher liquid detergent product, which will be marketed under the brand name BORON.
Key Target Audience
Liquid Boron Manufacturers, Liquid Boron International Traders, Liquid Boron Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.