Boric Acid Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
6794 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : 99 Strategy
\"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 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.
APAC accounted for the maximum market share and will continue to dominate the boric acid market during the forecast period. This increase corresponds to the rising demand for glass and fiberglass from construction and automotive industries in the region. Other aspects that propel market growth include the growing demand for boric acid in household insecticide products and industrial applications and their benefits as an antiseptic and wood preservative.
The Global Boric Acid Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Boric Acid Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Ricca Chemical
Etimine USA
Promega Corporation
Quiborax
Minera Santa Rita SRL (MSR)
Southern Agricultural Insecticides
Inkabor
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Medical Grade
Industrial Grade
Others
In Market segmentation by applications :
Glass
Ceramics
Pharmaceutical
Pesticide
Fertilizer
Textile Industry
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Boric Acid Market for the forecast period 2023-2030?
• What are the driving forces in the Boric Acid Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Boric Acid industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Boric Acid Market Size Growth Rate by Type (2020-2030)
1.3.2 Medical Grade
1.3.3 Industrial Grade
1.3.4 Others
1.4 Market Segment by Application
1.4.1 Global Boric Acid Market Share by Application (2020-2030)
1.4.2 Glass
1.4.3 Ceramics
1.4.4 Pharmaceutical
1.4.5 Pesticide
1.4.6 Fertilizer
1.4.7 Textile Industry
1.4.8 Others
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Boric Acid Production Value 2015-2030
2.1.2 Global Boric Acid Production 2015-2030
2.1.3 Global Boric Acid Capacity 2015-2030
2.1.4 Global Boric Acid Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Boric Acid Market Size CAGR of Key Regions
2.2.2 Global Boric Acid Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Boric Acid Capacity by Manufacturers
3.1.2 Global Boric Acid Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Boric Acid Revenue by Manufacturers (2018 - 2022)
3.2.2 Boric Acid Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Boric Acid Market Concentration Ratio (CR5 and HHI)
3.3 Boric Acid Price by Manufacturers
3.4 Key Manufacturers Boric Acid Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Boric Acid Market
3.6 Key Manufacturers Boric Acid Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Medical Grade Production and Production Value (2018 - 2022)
4.1.2 Industrial Grade Production and Production Value (2018 - 2022)
4.1.3 Others Production and Production Value (2018 - 2022)
4.2 Global Boric Acid Production Market Share by Type
4.3 Global Boric Acid Production Value Market Share by Type
4.4 Boric Acid Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Boric Acid Consumption by Application
6 Production by Regions
6.1 Global Boric Acid Production (History Data) by Regions 2018 - 2022
6.2 Global Boric Acid Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Boric Acid Production Growth Rate 2018 - 2022
6.3.2 United States Boric Acid Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Boric Acid Import & Export
6.4 European Union
6.4.1 European Union Boric Acid Production Growth Rate 2018 - 2022
6.4.2 European Union Boric Acid Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Boric Acid Import & Export
6.5 China
6.5.1 China Boric Acid Production Growth Rate 2018 - 2022
6.5.2 China Boric Acid Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Boric Acid Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Boric Acid Consumption by Regions
7.1 Global Boric Acid Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Boric Acid Consumption by Type
7.2.2 United States Boric Acid Consumption by Application
7.3 European Union
7.3.1 European Union Boric Acid Consumption by Type
7.3.2 European Union Boric Acid Consumption by Application
7.4 China
7.4.1 China Boric Acid Consumption by Type
7.4.2 China Boric Acid Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Boric Acid Consumption by Type
7.5.2 Rest of World Boric Acid Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Ricca Chemical
8.1.1 Ricca Chemical Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Boric Acid
8.1.4 Boric Acid Product Introduction
8.1.5 Ricca Chemical Recent Development
8.2 Etimine USA
8.2.1 Etimine USA Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Boric Acid
8.2.4 Boric Acid Product Introduction
8.2.5 Etimine USA Recent Development
8.3 Promega Corporation
8.3.1 Promega Corporation Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Boric Acid
8.3.4 Boric Acid Product Introduction
8.3.5 Promega Corporation Recent Development
8.4 Quiborax
8.4.1 Quiborax Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Boric Acid
8.4.4 Boric Acid Product Introduction
8.4.5 Quiborax Recent Development
8.5 Minera Santa Rita SRL (MSR)
8.5.1 Minera Santa Rita SRL (MSR) Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Boric Acid
8.5.4 Boric Acid Product Introduction
8.5.5 Minera Santa Rita SRL (MSR) Recent Development
8.6 Southern Agricultural Insecticides
8.6.1 Southern Agricultural Insecticides Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Boric Acid
8.6.4 Boric Acid Product Introduction
8.6.5 Southern Agricultural Insecticides Recent Development
8.7 Inkabor
8.7.1 Inkabor Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Boric Acid
8.7.4 Boric Acid Product Introduction
8.7.5 Inkabor Recent Development
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Boric Acid Capacity, Production Forecast 2020-2030
9.1.2 Global Boric Acid Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Boric Acid Production and Value Forecast by Regions 2020-2030
9.2.2 Global Boric Acid Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Boric Acid Production Forecast by Type
9.7.2 Global Boric Acid Production Value Forecast by Type
9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
10.1 Value Chain Analysis
10.2 Sales Channels Analysis
10.2.1 Boric Acid Sales Channels
10.2.2 Boric Acid Distributors
10.3 Boric Acid Customers
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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