South America Boron Fertilizers Market Growth and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South America Boron Fertilizers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Source (Boric Acid, Borax, and Others) and Application (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, and Others)

Report Date : Jul 2021
Report Code : TIPRE00023507

Category : Chemicals and Materials
Status : Published

Available Report Formats :
No. of Pages : 88

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The boron fertilizers market in SAM is expected to reach US$ 680.65 million by 2028 from US$ 382.17 million in 2021. The market is estimated to grow at a CAGR of 8.6% from 2021 to 2028.

Brazil and Argentina are the economies in SAM. Boron is one of the major micronutrients responsible for the growth and nourishment of crops. It is an essential form of plant nutrients used to boost the yield and quality of the crop. Boron with calcium is beneficial for cell wall synthesis, hormone regulation, and cell division. This micronutrient is much required for pollination, seed growth, and fruit development in plants. Without enough boron supply, the growth and development of plant and its yield is quite reduced. Boron increases flower production and retention, pollen tube elongation and germination, and seed and fruit development. The deficiency of boron is one of the most common nutritional problems affecting plant growth. To meet out such deficiency, boron is supplied synthetically to the plants in the form of fertilizers through soil. Boron fertilizers are used to provide texture to the crop, enhance soil quality, increase soil uptake, and boost the overall agricultural output. Therefore, boron-based fertilizers are majorly added in soil where the land available for crop production is scarce, and the pressure to enhance crop productivity is high.

Brazil has the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador, among others. The government of SAM has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that SAM will face lower export revenues, both from the dropping commodity prices and reduction in export volumes, especially to China, Europe, and the US, which are important trade partners. Containment measures in several countries of SAM will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM boron fertilizers market. The SAM boron fertilizers market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Boron Fertilizers Market Segmentation

SAM Boron Fertilizers Market – By Source

Boric Acid
Borax
Others

SAM Boron Fertilizers Market- By Application

Fruits and Vegetables
Cereals and Grains
Oilseeds and Pulses
Others

SAM Boron Fertilizers Market - By Country

Brazil
Argentina
Rest of SAM

SAM Boron Fertilizers Market -Companies Mentioned

Eti Maden
MCC Russian Bor
Minera Santa Rita S.R.L
ORO AGRI Europe
Quiborax
Quimical Tierra
Rose Mill Co.
The Mosaic Company
Valagro S.P.A.
Yara

South America Boron Fertilizers Report Scope

Report Attribute	Details
Market size in 2021	US$ 382.17 Million
Market Size by 2028	US$ 680.65 Million
Global CAGR (2021 - 2028)	8.6%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Source Boric Acid Borax By Application Fruits and Vegetables Cereals and Grains Oilseeds and Pulses
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Eti Maden MCC Russian Bor Minera Santa Rita S.R.L ORO AGRI Europe Quiborax Quimical Tierra Rose Mill Co. The Mosaic Company Valagro S.P.A.

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the South America Boron Fertilizers Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

South America Boron Fertilizers Market Report Snapshots

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