The nuclear industry drives the growing market demand for boron 10, and the industry has great development potential

According to different product types, boron 10 can be divided into elemental boron 10, boron 10 acid and other products. Among them, boron 10 acid is the mainstream product in the boron 10 market. Boron-10 acid can be divided into product types according to product abundance: 99%＞-≥95%, 95%＞-≥80%, 80%＞-≥60%, 60%＞-≥50 and other product types. Due to the high technical barriers to the production of boric acid, there are only a few domestic companies producing boric acid, and there are even fewer companies that can produce boric acid products with an abundance of ≥95%, mainly including Honghao Chemical and other companies. Boron 10 is the material of choice for shielding nuclear radiation and plays an irreplaceable and important role in many fields such as the nuclear industry, defense industry, and medical care.

According to the “Global and China Boron 10 Industry In-depth Research Report in 2022” released by the Industrial Research Center, from a production perspective, At present, only a few countries in the world, such as the United States, Japan, Russia, the United Kingdom, and France, have achieved industrial production of boron 10, and their technical and product performance levels are also relatively high. Among them, the United States has the largest production of boron 10. In recent years, with the continuous advancement of relevant technologies in China, domestic Dalian Borntan Technology Co., Ltd., Liaoning Honghao Chemical Industry Co., Ltd., and Dalian Tairui Haiming Chemical have achieved industrial production, greatly meeting domestic demand.

Boron 10 can be used to manufacture nuclear leakage prevention control boxes, lightweight materials for nuclear equipment, cancer targeting agents, etc. It is now widely used in the nuclear power industry, national defense equipment, medical and other fields. In recent years, the development of my country’s nuclear power-driven ship technology, the expansion of the construction and use of nuclear power plants, and the increase in the application of nuclear medicine have increased the demand for boron 10 and the market size has continued to expand. On the supply side, although China has made great progress in the production technology and production process of boron 10, and the number of enterprises is also increasing, it still faces certain obstacles in the production of high-abundance boron 10, and there is still a gap with advanced countries.

Industrial researchers believe that with the development of production technology, cost reduction and performance improvement of the boron 10 industry, the application fields of the products has been expanded, and in addition to the nuclear power industry, it is also widely used in national defense, medical and other fields. Due to the special advantages of the boron 10 industry in neutron protection, its application market in nuclear protection continues to grow, and it has very broad application prospects and market development potential. In the future, the increasing downstream demand and the expansion of application fields will create a great demand for boron 10.