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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 was valued at US$ 1391.2 million in 2023 and is anticipated to reach US$ 2038.7 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Boric Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Boric Acid.
Report Scope
The Boric Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Boric Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Boric Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Segment by Type
Segment by Application
Production by Region
Consumption by Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Boric Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Boric Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Boric Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index
1 Boric Acid Market Overview
1.1 Product Definition
1.2 Boric Acid Segment by Type
1.2.1 Global Boric Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Medical Grade
1.2.3 Industrial Grade
1.2.4 Others
1.3 Boric Acid Segment by Application
1.3.1 Global Boric Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Glass
1.3.3 Ceramics
1.3.4 Pharmaceutical
1.3.5 Pesticide
1.3.6 Fertilizer
1.3.7 Textile Industry
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Boric Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Boric Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Boric Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Boric Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Boric Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Boric Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Boric Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Boric Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Boric Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Boric Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Boric Acid, Product Offered and Application
2.8 Global Key Manufacturers of Boric Acid, Date of Enter into This Industry
2.9 Boric Acid Market Competitive Situation and Trends
2.9.1 Boric Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Boric Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Boric Acid Production by Region
3.1 Global Boric Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Boric Acid Production Value by Region (2019-2030)
3.2.1 Global Boric Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Boric Acid by Region (2025-2030)
3.3 Global Boric Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Boric Acid Production by Region (2019-2030)
3.4.1 Global Boric Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Boric Acid by Region (2025-2030)
3.5 Global Boric Acid Market Price Analysis by Region (2019-2024)
3.6 Global Boric Acid Production and Value, Year-over-Year Growth
3.6.1 North America Boric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Boric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Boric Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Boric Acid Production Value Estimates and Forecasts (2019-2030)
4 Boric Acid Consumption by Region
4.1 Global Boric Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Boric Acid Consumption by Region (2019-2030)
4.2.1 Global Boric Acid Consumption by Region (2019-2024)
4.2.2 Global Boric Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Boric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Boric Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Boric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Boric Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Boric Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Boric Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Boric Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Boric Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Boric Acid Production by Type (2019-2030)
5.1.1 Global Boric Acid Production by Type (2019-2024)
5.1.2 Global Boric Acid Production by Type (2025-2030)
5.1.3 Global Boric Acid Production Market Share by Type (2019-2030)
5.2 Global Boric Acid Production Value by Type (2019-2030)
5.2.1 Global Boric Acid Production Value by Type (2019-2024)
5.2.2 Global Boric Acid Production Value by Type (2025-2030)
5.2.3 Global Boric Acid Production Value Market Share by Type (2019-2030)
5.3 Global Boric Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Boric Acid Production by Application (2019-2030)
6.1.1 Global Boric Acid Production by Application (2019-2024)
6.1.2 Global Boric Acid Production by Application (2025-2030)
6.1.3 Global Boric Acid Production Market Share by Application (2019-2030)
6.2 Global Boric Acid Production Value by Application (2019-2030)
6.2.1 Global Boric Acid Production Value by Application (2019-2024)
6.2.2 Global Boric Acid Production Value by Application (2025-2030)
6.2.3 Global Boric Acid Production Value Market Share by Application (2019-2030)
6.3 Global Boric Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Ricca Chemical
7.1.1 Ricca Chemical Boric Acid Corporation Information
7.1.2 Ricca Chemical Boric Acid Product Portfolio
7.1.3 Ricca Chemical Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Ricca Chemical Main Business and Markets Served
7.1.5 Ricca Chemical Recent Developments/Updates
7.2 Etimine USA
7.2.1 Etimine USA Boric Acid Corporation Information
7.2.2 Etimine USA Boric Acid Product Portfolio
7.2.3 Etimine USA Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Etimine USA Main Business and Markets Served
7.2.5 Etimine USA Recent Developments/Updates
7.3 Promega Corporation
7.3.1 Promega Corporation Boric Acid Corporation Information
7.3.2 Promega Corporation Boric Acid Product Portfolio
7.3.3 Promega Corporation Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Promega Corporation Main Business and Markets Served
7.3.5 Promega Corporation Recent Developments/Updates
7.4 Quiborax
7.4.1 Quiborax Boric Acid Corporation Information
7.4.2 Quiborax Boric Acid Product Portfolio
7.4.3 Quiborax Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Quiborax Main Business and Markets Served
7.4.5 Quiborax Recent Developments/Updates
7.5 Minera Santa Rita SRL (MSR)
7.5.1 Minera Santa Rita SRL (MSR) Boric Acid Corporation Information
7.5.2 Minera Santa Rita SRL (MSR) Boric Acid Product Portfolio
7.5.3 Minera Santa Rita SRL (MSR) Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Minera Santa Rita SRL (MSR) Main Business and Markets Served
7.5.5 Minera Santa Rita SRL (MSR) Recent Developments/Updates
7.6 Southern Agricultural Insecticides
7.6.1 Southern Agricultural Insecticides Boric Acid Corporation Information
7.6.2 Southern Agricultural Insecticides Boric Acid Product Portfolio
7.6.3 Southern Agricultural Insecticides Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Southern Agricultural Insecticides Main Business and Markets Served
7.6.5 Southern Agricultural Insecticides Recent Developments/Updates
7.7 Inkabor
7.7.1 Inkabor Boric Acid Corporation Information
7.7.2 Inkabor Boric Acid Product Portfolio
7.7.3 Inkabor Boric Acid Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Inkabor Main Business and Markets Served
7.7.5 Inkabor Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Boric Acid Industry Chain Analysis
8.2 Boric Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Boric Acid Production Mode & Process
8.4 Boric Acid Sales and Marketing
8.4.1 Boric Acid Sales Channels
8.4.2 Boric Acid Distributors
8.5 Boric Acid Customers
9 Boric Acid Market Dynamics
9.1 Boric Acid Industry Trends
9.2 Boric Acid Market Drivers
9.3 Boric Acid Market Challenges
9.4 Boric Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research