Low Carbon Ferroboron Market
Low Carbon Ferroboron Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Low Carbon Ferroboron Market Size and Growth
The Low Carbon Ferroboron market is experiencing robust growth, driven by increased demand from steel and welding industries. The market size reached approximately USD 150 million in 2023, with a projected CAGR of 6% through 2030, reflecting rising environmental regulations and a shift towards sustainable metallurgical practices.
Companies Covered
(Covid 19 Impact Covered)
◍ Liaoyang International Boronalloys
◍ Bomet Boron Alloys
◍ Dalian Gold Boron Industry
◍ Liaoning Pengcheng
◍ Kuandian Sanyou
◍ Nippon Denko
◍ Kamman Group
The Low Carbon Ferroboron market features key players like Liaoyang International Boronalloys, Bomet Boron Alloys, Dalian Gold Boron Industry, Liaoning Pengcheng, Kuandian Sanyou, Nippon Denko, and Kamman Group. These companies enhance market growth through innovative production, quality improvements, and expanding applications in steelmaking and alloying. Sales figures vary by company.
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Market Segmentation
By Application
◍ Sintered Nd-Fe-B Magnet
◍ Bonded Nd-Fe-B Magnets
◍ Hot Pressed NdFeB Magnets
By Product
◍ Boron Content ≥19%
◍ Boron Content ≥ 18%
◍ Boron Content < 18%
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Market Growth
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$ X Billion USD
