A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Boron
Oxide
market. The study, titled “Boron
Oxide Market - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2023”,
is available for sale on the firm’s website.
Boron
Oxide is a white, glassy and brittle solid commonly marketed under
the name anhydrous boric acid. Boron
oxide is also known as boric oxide, boron trioxide, diboron
trioxide and boria. Boron oxide has several applications and used as
a raw material or additive in different material production process.
Boron oxide is used as a fluxing agent for glass and enamels. Boron
oxide is also used as the main chemical from which downstream boron
compounds such as boron carbide, boron halides, metallic borates,
sodium borohydrides and borate esters are derived. It is used as an
additive in the production of glass fibers and borosilicate glass.
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FREE Sample pages of premium Research Report :
They
also find use in the manufacturing of firebricks and castables,
commonly used in refractory and require high temperature, abrasion,
corrosion and chemical resistance. It is also used to manufacture
specialty ceramics and glasses. Boron oxide also acts as an excellent
solvent to metallic oxides at high temperature. This property is
utilized to prepare special soldering and welding fluxes, to harden
steel, to manufacture alloys of iron, manganese or nickel. It is also
used to manufacture rare-earth magnets.
The
global market for boron oxide is multi dimensional and depends upon
the demand from several end use industries. The largest application
of boron oxide is in the manufacturing of borosilicate glass.
Application of boron oxide in the manufacturing of E- class glass
fibers is another large-scale application of the chemical. E- class
glass fiber accounts for about 90% of the global glass fiber market
and is extensively used in building & construction,
transportation and industrial applications. Application of boron
oxide in specialty ceramics manufacturing process is another major
growth driver of the market. Use of boron oxide in manufacturing of
bricks for refractory application has also witnessed steady growth in
the recent past. Most of the end use industries of boron oxide have
exhibited medium to strong growth and is estimated to propel the
market in the foreseeable future.
In
spite of a large array of applications, the market is slightly
restrained by the gradual popularity of boron free glass fibers and
flat glass. The rate of substitution is gradual and is a long term
threat to the boron oxide market. However, opportunity exists in the
surging electronics application. Use of boron oxide as soldering flux
is a potentially large application and the growth in electronic goods
and white goods provides attractive growth opportunity for the
chemical.
Turkey
is the worlds the largest supplier of boron oxide accounting for
about 40% of the world supply. U.S. is the second largest supplier of
boron oxide in the world followed by China. China accounts for the
largest demand for boron oxide in the world. China is the largest
producer of glass fiber, electronic devices and ancillary parts in
the world. The export oriented manufacturing services in China is the
main reason behind the surging demand in the region.. Asia Pacific
accounts for over 50% of the global demand, lead by China, Japan,
Korea and India. Demand for boron oxide from North America and Europe
follow that from Asia Pacific. US accounts for the second largest
demand after China.
Browse
the full Research report at:
Some
of the companies operating in the solder paste market are GFS
Chemicals, Inc., The Chemical Company, HDG Chemicals Ltd., Acemler
Chemco San A.S and Okandan Cam Sanayi Chemical Co. among many others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
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proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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