Boric-10 Acid, Global Market Size Forecast, Top 7 Players Rank and Market Share (Internet Services - Other Internet Services)

Item ID 2582997 in Category: Internet Services - Other Internet Services

Boric-10 Acid, Global Market Size Forecast, Top 7 Players Rank and Market Share


Natural boron is composed of two stable isotopes, namely boron-10 and boron-11, with a relative abundance of about 20%. Boron-10 has a unique and highly absorbent neutron, and is used as an efficient thermal neutron absorber in the nuclear industry. Boron-10 acid is a solid state due to its sensitivity to slow neutrons and γ Radiation has strong absorption and can also release α Radiation and 7Li particles; Boron 10 isotope products are neutron absorbers or shielding materials for nuclear reactors.
According to the new market research report “Global Boric-10 Acid Market Report 2023-2029”, published by QYResearch, the global Boric-10 Acid market size is projected to reach USD 0.37 billion by 2029, at a CAGR of 16.4% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Boric-10 Acid include 3M, Stella Chemifa, etc. In 2022, the global top three players had a share approximately 42.0% in terms of revenue.

Market Drivers:
With the development of the nuclear power industry as an economic country in China, the demand for products using boron 10 isotope technology is increasing, and the requirements for quality and safety management are also increasing. With the arrival of the fourth generations fast neutron reactor era in nuclear power plants, the demand for high-quality boron 10 isotope products in China is increasingly growing. The industrialization of China's economic production management enterprise culture and the demand for providing more high-end market products in production are also becoming increasingly urgent.



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Last Update : Mar 31, 2024 10:45 PM
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