The anhydrous borax market will register a CAGR of close to 6% b - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

The anhydrous borax market will register a CAGR of close to 6% by 2022

SOURCE ReportBuyer

LONDON, Jan. 8, 2019 /PRNewswire/ -- About this market
Increase in demand from the solar energy sector to gain traction in the market. The rising demand for borosilicate glass, owing to the green energy policies and fossil energy costs, is expected to fuel the consumption of anhydrous borax. Technavio's analysts have predicted that the anhydrous borax market will register a CAGR of close to 6% by 2022.

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Market Overview
Growth in construction industry
The extensive use of anhydrous borax for producing glazes and enamels will drive the growth of the market.
Negative impact of mining boron minerals
Mining of minerals has a severe impact on the environment. Mining of minerals pollutes water and air and degrades the local landscape.
For the detailed list of factors that will drive and challenge the growth of the anhydrous borax market during the 2018-2022, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Eti Maden and Rio Tinto the competitive environment is quite intense. Factors such as the increase in demand from the solar energy sector and the growth in construction industry, will provide considerable growth opportunities to anhydrous borax manufactures. Eti Maden, Rio Tinto, Rose Mill, Searles Valley Minerals, and Yingkou Liaobin Fine Chemical Industry are some of the major companies covered in this report.

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