Boron Minerals and Chemicals Market Share

Boron Minerals and Chemicals Market Share

Boron minerals and chemicals industry is slightly competitive due to the large presence of domestic manufacturing companies. The major players are 

• Eti Maden
• Rio Tinto
• Gremont Chemical Company Limited
• American Borate Co.
• Orocobre Limited Pty Ltd. 

Other industry participants include 

• Inkabor
• Searles Valley Minerals Inc
• Boron Specialities LLC.
• Minera Santa Rita SRL

Manufacturers are involved in strategies such as acquisitions, and new product development, targeting a specific application to enhance their market share. For instance, in 2021, American Borates Co. verified its updated mine plan, which includes improved head-grade and the potential for significant boron upside.
 

In January 2021, U.S. Borax has launched two new fertilizers to meet the zinc and boron deficiency challenges faced by consumer. The products are introduced by the brand name ANHYBOR and ZINCUBOR based on boron and zinc formulation respectively.
 

In December 2020, a new liquid detergent based on borax raw material has been launch in turkey. The product will be marketed under the brand name BORON and is developed by the R&D department of Eti Maden.
 

In April 2020, American Borate Co. has started the operation of its 10% owned Fort Cady Borate Mine located in California. Fort Cady is the world's largest known conventional contained borate occurrence and is a highly rare and huge source of colemanite deposit.