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Synopsis
“Boric acid” is also called as “hydrogen borate”, or “boracic acid”. It is a weak, monobasic used as an antiseptic, insecticide, flame retardant. It exists in colorless crystals or a white powder that dissolves in water.
The global Boric Acid market size is expected to reach US$ 2038.7 million by 2029, growing at a CAGR of 5.5% from 2023 to 2029. The market is mainly driven by the significant applications of Boric Acid in various end use industries. The expanding demands from the Glass, Ceramics, Pharmaceutical and Pesticide, are propelling Boric Acid market. Medical Grade, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Industrial Grade segment is estimated at % CAGR for the next seven-year period.
The global demand for insulation materials drives the boric acid market with increase in demand for residential and commercial applications. In addition, rise in building and construction owing to increase in macro-economic factors such as increase in per capita income has triggered the growth of the boric acid market. Furthermore, the rise in demand for boric acid in fiberglass insulation has majorly boosted the market growth, and this trend is expected to continue in the coming years. The growing demand for borate and boron products in the oil and gas sector as a viscosity and Ph modifier is likely to offer the boric acid market with growth opportunities. Furthermore, increase in demand for consumer electronics and glazed ceramics are projected to boost the demand for boric acid. However, the use of boric acid in personal care items is restricted under the European regulations, which have classified it under the category of a carcinogenic compound and this is likely to hinder the market growth. However, the increase in demand as an energy efficient compound coupled with the demand for borosilicate glass in cookware and laboratory applications are likely to create potential growth avenues for the market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Boric Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Boric Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Boric Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Boric Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Boric Acid covered in this report include Ricca Chemical, Etimine USA, Promega Corporation, Quiborax, Minera Santa Rita SRL (MSR), Southern Agricultural Insecticides and Inkabor, etc.
The global Boric Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
- Ricca Chemical
- Etimine USA
- Promega Corporation
- Quiborax
- Minera Santa Rita SRL (MSR)
- Southern Agricultural Insecticides
- Inkabor
Global Boric Acid market, by region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, etc.)
- Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
- South America (Brazil, etc.)
- Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Boric Acid market, Segment by Type:
- Medical Grade
- Industrial Grade
- Others
Global Boric Acid market, by Application
- Glass
- Ceramics
- Pharmaceutical
- Pesticide
- Fertilizer
- Textile Industry
- Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Boric Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Boric Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Boric Acid Market Overview
1.1 Boric Acid Product Overview
1.2 Boric Acid Market Segment by Type
1.2.1 Medical Grade
1.2.2 Industrial Grade
1.2.3 Others
1.3 Global Boric Acid Market Size by Type
1.3.1 Global Boric Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Boric Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Boric Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Boric Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Boric Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Boric Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Boric Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Boric Acid Sales Breakdown by Type (2018-2023)
2 Global Boric Acid Market Competition by Company
2.1 Global Top Players by Boric Acid Sales (2018-2023)
2.2 Global Top Players by Boric Acid Revenue (2018-2023)
2.3 Global Top Players by Boric Acid Price (2018-2023)
2.4 Global Top Manufacturers Boric Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Boric Acid Market Competitive Situation and Trends
2.5.1 Boric Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Boric Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Boric Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Boric Acid Market
2.8 Key Manufacturers Boric Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Boric Acid Status and Outlook by Region
3.1 Global Boric Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Boric Acid Historic Market Size by Region
3.2.1 Global Boric Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Boric Acid Sales in Value by Region (2018-2023)
3.2.3 Global Boric Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Boric Acid Forecasted Market Size by Region
3.3.1 Global Boric Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Boric Acid Sales in Value by Region (2024-2029)
3.3.3 Global Boric Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Boric Acid by Application
4.1 Boric Acid Market Segment by Application
4.1.1 Glass
4.1.2 Ceramics
4.1.3 Pharmaceutical
4.1.4 Pesticide
4.1.5 Fertilizer
4.1.6 Textile Industry
4.1.7 Others
4.2 Global Boric Acid Market Size by Application
4.2.1 Global Boric Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Boric Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Boric Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Boric Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Boric Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Boric Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Boric Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Boric Acid Sales Breakdown by Application (2018-2023)
5 North America Boric Acid by Country
5.1 North America Boric Acid Historic Market Size by Country
5.1.1 North America Boric Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Boric Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Boric Acid Sales in Value by Country (2018-2023)
5.2 North America Boric Acid Forecasted Market Size by Country
5.2.1 North America Boric Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Boric Acid Sales in Value by Country (2024-2029)
6 Europe Boric Acid by Country
6.1 Europe Boric Acid Historic Market Size by Country
6.1.1 Europe Boric Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Boric Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Boric Acid Sales in Value by Country (2018-2023)
6.2 Europe Boric Acid Forecasted Market Size by Country
6.2.1 Europe Boric Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Boric Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Boric Acid by Region
7.1 Asia-Pacific Boric Acid Historic Market Size by Region
7.1.1 Asia-Pacific Boric Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Boric Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Boric Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Boric Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Boric Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Boric Acid Sales in Value by Region (2024-2029)
8 Latin America Boric Acid by Country
8.1 Latin America Boric Acid Historic Market Size by Country
8.1.1 Latin America Boric Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Boric Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Boric Acid Sales in Value by Country (2018-2023)
8.2 Latin America Boric Acid Forecasted Market Size by Country
8.2.1 Latin America Boric Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Boric Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Boric Acid by Country
9.1 Middle East and Africa Boric Acid Historic Market Size by Country
9.1.1 Middle East and Africa Boric Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Boric Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Boric Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Boric Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Boric Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Boric Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Ricca Chemical
10.1.1 Ricca Chemical Company Information
10.1.2 Ricca Chemical Introduction and Business Overview
10.1.3 Ricca Chemical Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Ricca Chemical Boric Acid Products Offered
10.1.5 Ricca Chemical Recent Development
10.2 Etimine USA
10.2.1 Etimine USA Company Information
10.2.2 Etimine USA Introduction and Business Overview
10.2.3 Etimine USA Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Etimine USA Boric Acid Products Offered
10.2.5 Etimine USA Recent Development
10.3 Promega Corporation
10.3.1 Promega Corporation Company Information
10.3.2 Promega Corporation Introduction and Business Overview
10.3.3 Promega Corporation Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Promega Corporation Boric Acid Products Offered
10.3.5 Promega Corporation Recent Development
10.4 Quiborax
10.4.1 Quiborax Company Information
10.4.2 Quiborax Introduction and Business Overview
10.4.3 Quiborax Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Quiborax Boric Acid Products Offered
10.4.5 Quiborax Recent Development
10.5 Minera Santa Rita SRL (MSR)
10.5.1 Minera Santa Rita SRL (MSR) Company Information
10.5.2 Minera Santa Rita SRL (MSR) Introduction and Business Overview
10.5.3 Minera Santa Rita SRL (MSR) Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Minera Santa Rita SRL (MSR) Boric Acid Products Offered
10.5.5 Minera Santa Rita SRL (MSR) Recent Development
10.6 Southern Agricultural Insecticides
10.6.1 Southern Agricultural Insecticides Company Information
10.6.2 Southern Agricultural Insecticides Introduction and Business Overview
10.6.3 Southern Agricultural Insecticides Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Southern Agricultural Insecticides Boric Acid Products Offered
10.6.5 Southern Agricultural Insecticides Recent Development
10.7 Inkabor
10.7.1 Inkabor Company Information
10.7.2 Inkabor Introduction and Business Overview
10.7.3 Inkabor Boric Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Inkabor Boric Acid Products Offered
10.7.5 Inkabor Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Boric Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Boric Acid Industrial Chain Analysis
11.4 Boric Acid Market Dynamics
11.4.1 Boric Acid Industry Trends
11.4.2 Boric Acid Market Drivers
11.4.3 Boric Acid Market Challenges
11.4.4 Boric Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Boric Acid Distributors
12.3 Boric Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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