The Global Elemental Boron Market was valued at USD 55 Million in 2022 and is projected to reach USD 70 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period (2023–2029). This growth is driven by increasing demand from the semiconductor, automotive, and aerospace industries, alongside rising investments in neutron capture therapy and advanced material science applications.

As global industries push toward higher performance materials and cleaner technologies, elemental boron has emerged as a critical enabler. This rare and difficult-to-produce element is essential for applications ranging from semiconductor doping to nuclear shielding. In this analysis, we profile the Top 10 Companies in the Elemental Boron Market—specialty chemical producers and material science innovators shaping the future of high-performance applications.

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🔟 1. SB Boron

Headquarters: Ankara, Turkey
Key Offering: High-Purity Amorphous Boron, Crystalline Boron

SB Boron is a leading global producer of high-purity elemental boron, serving diverse industrial sectors with specialized boron products. The company maintains rigorous quality control standards and invests significantly in R&D to develop advanced boron materials for emerging applications.

Innovation Initiatives:

• Development of ultra-high purity boron for semiconductor applications

• Expansion of production capacity to meet growing market demand

• Strategic partnerships with research institutions for new application development

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9️⃣ 2. Pavezyum Kimya

Headquarters: Istanbul, Turkey
Key Offering: Amorphous Boron Powder, Boron Compounds

Pavezyum Kimya specializes in boron chemistry and produces high-quality elemental boron for various industrial applications. The company has established itself as a reliable supplier to global markets with consistent product quality and technical support services.

Innovation Initiatives:

• Investment in advanced purification technologies

• Development of customized boron solutions for specific industry needs

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8️⃣ 3. Höganäs AB

Headquarters: Höganäs, Sweden
Key Offering: Metal Powders, Amorphous Boron

Höganäs, primarily known for its metal powder expertise, produces high-quality amorphous boron for various advanced applications. The company leverages its metallurgical knowledge to produce boron with precise particle size distribution and purity levels.

Innovation Initiatives:

• Advanced powder metallurgy techniques for boron production

• Research into boron-based composite materials

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7️⃣ 4. Noah Technologies Corporation

Headquarters: San Antonio, Texas, USA
Key Offering: High-Purity Boron, Research Grade Materials

Noah Technologies specializes in high-purity chemicals and materials for research and industrial applications. The company provides elemental boron in various forms and purity grades, catering to the specific requirements of research institutions and high-tech industries.

Innovation Initiatives:

• Development of research-grade boron materials

• Custom synthesis services for specialized boron compounds

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6️⃣ 5. Borman (Tronox)

Headquarters: Oklahoma City, Oklahoma, USA
Key Offering: Industrial Boron, Specialty Boron Products

Borman, operating under Tronox Holdings, produces elemental boron for various industrial applications. The company benefits from Tronox’s extensive chemical manufacturing expertise and global distribution network.

Innovation Initiatives:

• Integration of boron production with broader chemical operations

• Quality improvement initiatives for industrial-grade boron

Download FREE Sample Report: Elemental Boron Market – View in Detailed Research Report

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5️⃣ 6. New Metals and Chemicals

Headquarters: London, United Kingdom
Key Offering: Specialty Boron, Chemical Intermediates

New Metals and Chemicals focuses on producing high-purity elemental boron for specialized applications. The company serves niche markets requiring specific boron characteristics and provides technical support for application development.

Innovation Initiatives:

• Development of application-specific boron formulations

• Expansion into emerging boron application markets

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4️⃣ 7. YingKou Liaobin Fine Chemicals

Headquarters: Yingkou, Liaoning, China
Key Offering: Amorphous Boron, Boron Compounds

YingKou Liaobin Fine Chemicals is a significant Chinese producer of elemental boron, serving both domestic and international markets. The company has invested in modern production facilities and quality control systems to meet global standards.

Innovation Initiatives:

• Modernization of production technologies

• Expansion of product portfolio for diverse applications

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3️⃣ 8. Baoding Pengda New Material Technology

Headquarters: Baoding, Hebei, China
Key Offering: Boron Products, Advanced Materials

Baoding Pengda specializes in new material technologies, including high-quality elemental boron production. The company focuses on developing boron materials for advanced applications in energy and electronics sectors.

Innovation Initiatives:

• Research into boron-based energy materials

• Development of boron composites for specialized applications

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2️⃣ 9. Dandong Chemical Engineering Institute (DCEI)

Headquarters: Dandong, Liaoning, China
Key Offering: Research Grade Boron, Specialty Chemicals

DCEI combines research capabilities with commercial production, offering high-purity elemental boron for both research and industrial applications. The institute’s strong technical background enables development of specialized boron products.

Innovation Initiatives:

• Academic-industrial collaboration for new boron applications

• Development of proprietary boron production technologies

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1️⃣ 10. SkySpring Nanomaterials

Headquarters: Houston, Texas, USA
Key Offering: Nano Boron, Advanced Material Solutions

SkySpring Nanomaterials specializes in nanoscale materials, including nano-sized elemental boron particles. The company provides boron materials with unique properties enabled by nanotechnology for cutting-edge applications.

Innovation Initiatives:

• Development of boron nanomaterials for advanced applications

• Research into novel boron-based nanocomposites

Get Full Report Here: Elemental Boron Market – View in Detailed Research Report

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🌍 Outlook: The Future of Elemental Boron Is High-Tech and High-Value

The elemental boron market is experiencing significant transformation as new applications emerge across high-tech industries. While traditional metallurgical applications continue to dominate volume consumption, high-value applications in semiconductors, nuclear technology, and advanced materials are driving market growth and innovation.

📈 Key Trends Shaping the Market:

• Increasing demand for semiconductor-grade boron in electronics manufacturing

• Growing applications in nuclear medicine and neutron capture therapy

• Development of boron-based advanced materials for aerospace and defense

• Expansion of production capacities to meet rising global demand

Get Full Report Here: Elemental Boron Market – View in Detailed Research Report

The companies profiled above are not only supplying critical materials—they’re driving the technological advancement of multiple industries through boron innovation.