BORON
MARKET

The borates market typically grows at levels equal to, or above GDP growth in key demand markets.

Increased demand for agricultural applications continues while Africa and India show improved adoption of using borates as a micronutrient to increase crop productivity. Heightened demand for refined borates products and boric acid reflect increased consumption in agriculture applications and within chemical feedstocks.

Continued market growth at approximately GDP rates or above is expected, driven by innovation in Asia’s boro-silicate glass industry and fracking in the Americas, as well as increasing and more widespread consumption of borates in agricultural applications.

GLOBAL REFINED BORATES DEMAND B2O3 KT

REFINED BORATES MARKET

  • Overall 4.5% CAGR from 2013 to 2018
  • Growth driven by Agriculture in the Americas and Asia (6%), Borosilicate Glass in China (4%)
  • As the market continues to improve, Insulation Fiber Glass in the North American housing market will also stimulate growth.

B2O3 KT

MINERAL BORATES MARKET

  • Overall 4% CAGR from 2013 to 2018
  • Growth driven by Agriculture (6%), Insulation Fiber Glass (4%) and Frits and Ceramics (4%)
  • Minerals used in Asia for conversion to refined products and in North/South America directly in end-uses
  • Fracking application is developing in North America based on ulexite

Latest News &
Announcements

All our latest news, speeches, announcements, presentations and media releases from Orocobre Limited. The best way to stay up to date is to sign up for our newsletter.

  • Resource Global Network magazine speaks with Orocobre MD/CEO Richard Seville

    Resource Global Network magazine speaks with Orocobre MD/CEO Richard Seville

    Resource Global Network (RGN) magazine has spoken with Orocobre Limited MD / CEO Richard Seville on expansion plans, the costs of production and the importance of Orocobre’s ongoing joint ventures.
  • Australian Energy Market Operator (AEMO) has doubled its forecast for EV uptake in Australia

    Australian Energy Market Operator (AEMO) has doubled its forecast for EV uptake in Australia

    The Australian Energy Market Operator (AEMO) has effectively doubled its forecast uptake for electric vehicles in Australia, suggesting that within two decades they could account of more than half of Australia’s car fleet. The changes are reflected across all three scenarios – weak, neutral and strong – the most remarkable difference is in the “strong”... View Article
  • Toyota Aims for Sales of More Than 5.5 Million Electrified Vehicles Per Year By 2030

    Toyota Aims for Sales of More Than 5.5 Million Electrified Vehicles Per Year By 2030

    Toyota Motor Corporation (Toyota) announces today its plans toward the popularization of electrified vehicles (EVs) for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs). Toyota... View Article

Be the first to know.
Subscribe Now.

We will never sell or share this information to anyone. Privacy Policy
© 2018 Orocobre Pty Ltd