As raw material sources are becoming depleted, boron has become increasingly important since it can be used in many industrial fields. Turkey has the largest boron reserves in the world, followed by Russia, South America, and the United States.
Countries | Total Reserve (Thousand ton B203) | Distribution (%) |
Turkey | 950,000 | 72.9 |
USA | 80,000 | 6.1 |
Russia | 100,000 | 7.7 |
China | 47,000 | 3.6 |
Peru | 22,000 | 1.7 |
Argentina | 9,000 | 0.7 |
Bolivia | 19,000 | 1.5 |
Chile | 41,000 | 3.1 |
Kazakhstan | 15,000 | 1.2 |
Serbia | 21,000 | 1.6 |
TOTAL | 1,304,000 | 100 |
It is known to have had a production capacity of 5.7 million tons (2.7 million tons in terms of B2O3) in 2017.
While the consumption of boron-based products in the world was 3.1 million tons in 2000, it reached 4.3 million tons in 2014, 3.8 million tons in 2015, 3.77 million tons in 2016, and 3.87 million tons in 2017. The industrial distribution of the consumption of boron-based products in the world is as follows: 47% in the glass industry, 16% in agriculture fertilizers, 15% in the ceramics industry, 2% in the cleaning and detergent industries, and 20% in other sectors.