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Boron Fertilizers Market Estimated to Reach $4.43 Billion by 2029, Expanding at a CAGR of 8.6% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Boron Fertilizers Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Boron Fertilizers Market Growth?

The boron fertilizers market has experienced substantial growth in the past. The market size increased from $2.99 billion in 2024 to $3.18 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%.

What Is the Predicted Industry Size and CAGR of the Boron Fertilizers Market in 2029?

In 2029, the Boron Fertilizers market is anticipated to reach a value of $4.43 billion, growing at a Compound Annual Growth Rate (CAGR) of 8.6%.

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Which Factors Are Driving Growth in the Boron Fertilizers Market?

The key Drivers in the boron fertilizers market are:

• Increased production of fruits and vegetables
• Necessity of boron for various plant functions including protein synthesis and seed development
• Role of boron in controlling glucose metabolism and assisting in sugar translocation
• Growth in fruit and vegetable sales contributing to higher demand for boron fertilizers

Which Segment Trends Are Covered in the Boron Fertilizers Market Forecast?

The boron fertilizersmarket covered in this report is segmented –
1) By Fertilizer Type: Boric Acid, Borax, Boron Calcium Nitrate, Boron Humate, Other Types
2) By Crop Type: Cereals And Grains, Fruits And Vegetables, Oilseeds And Pulses, Other Crop Types
3) By Application Method: Foliar Spray, Soil Treatment, Fertigation
4) By End-Use: Agriculture, Horticulture, Floriculture, Other End Uses

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What Are the Current Market Trends in the Boron Fertilizers Industry?

The key trends in the boron fertilizers market are:

• The development of innovative solutions to enhance agricultural productivity is becoming a trend in the boron fertilizer market.
• Fertilizer products addressing nutrient deficiencies in soil, particularly boron, are emerging as a focus in the market.
• There is a growing trend for the creation of products that can increase crop yield.
• Fertilizer versatility, such as applicability in later growth stages through fertigation, is an emerging trend in boron fertilizer market.

Who are the Key Companies in the Boron Fertilizers Market?

The key players in the boron fertilizers market are:

• Bayer AG
• Honeywell International Inc.
• Yara International ASA
• INEOS Capital Limited
• The Mosaic Company
• Corteva Inc.
• Asahi Kasei Corporation
• BASF Agricultural Solutions
• U.S. Borax
• China Green Agriculture Inc.
• Drexel Chemical Company
• Verdesian Life Sciences
• Kalyani Industries Limited
• SCL Italia SpA
• Rama Phosphates Ltd.
• Deveron Corp
• AgroLiquid
• JH Biotech Inc.
• Inkabor SAC
• Microsource LLC
• Koch Agronomic Services LLC
• Quiborax SA
• Minera Santa Rita SRL
• OMEX Agricultural Holdings Limited
• Aries Agro Limited
• Valagro SpA
• Rose Mill Co

What are the Regional Trends Across the Boron Fertilizers Market?

Asia-Pacific was the largest region in the boron fertilizers market in 2024

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