Boric acid Market by Form (Liquid, Powder), Purity (Above 99%, Below and Equal to 99%), Distribution Channel, End-use - Global Forecast 2023-2030

Boric acid Market by Form (Liquid, Powder), Purity (Above 99%, Below and Equal to 99%), Distribution Channel, End-use - Global Forecast 2023-2030


The Boric acid Market is projected to reach USD 1,383.86 million by 2030 from USD 871.53 million in 2022, at a CAGR of 5.95% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Boric acid Market.
  • Based on Form, market is studied across Liquid and Powder. The Powder is projected to witness significant market share during forecast period.
  • Based on Purity, market is studied across Above 99% and Below and Equal to 99%. The Above 99% is projected to witness significant market share during forecast period.
  • Based on Distribution Channel, market is studied across Offline and Online. The Offline is projected to witness significant market share during forecast period.
  • Based on End-use, market is studied across Agricultural, Building & Construction, Chemical Processing, and Pharmaceutical. The Agricultural is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Boric acid Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Boric acid Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Boric acid Market, highlighting leading vendors and their innovative profiles. These include 3M Company, American Borate Company, Avantor, Inc., BASF SE, Bhavani Chemicals, Dawn Scientific Inc., DMCC Speciality Chemicals Limited, Ebrator Biochemicals Inc., Gujarat Boron Derivatives Pvt. Ltd., Hemadri Chemicals, INKABOR, Merck KGaA, Minera Santa Rita S.R.L, Nippon Denko Co., Ltd., Noah Chemicals, Organic Industries Pvt Ltd., QUIBORAX S.A., Rose Mill Co., Southern AG Insecticides, Inc., Spectrum Chemical Mfg. Corp., Tokyo Chemical Industry Co., Ltd., Tomiyama Pure Chemical Industries, Ltd., and Vizag Chemicals.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Boric acid Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Boric acid Market?
  3. What is the competitive strategic window for identifying opportunities in the Boric acid Market?
  4. What are the latest technology trends and regulatory frameworks in the Boric acid Market?
  5. What is the market share of the leading vendors in the Boric acid Market?
  6. Which modes and strategic moves are suitable for entering the Boric acid Market?


Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Boric acid Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand of of insulating materials in residential and commercial sectors
5.1.1.2. Wide application of boric acid in agriculture sector for pesticide and wood preservatives
5.1.2. Restraints
5.1.2.1. High cost associated with the production of boric acid
5.1.3. Opportunities
5.1.3.1. Emerging application in pharmaceutical and cosmetic industries
5.1.3.2. Increasing consumer interest in pottery making
5.1.4. Challenges
5.1.4.1. Severe health problems associated with the usage of boric acid
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Boric acid Market, by Form
6.1. Introduction
6.2. Liquid
6.3. Powder
7. Boric acid Market, by Purity
7.1. Introduction
7.2. Above 99%
7.3. Below and Equal to 99%
8. Boric acid Market, by Distribution Channel
8.1. Introduction
8.2. Offline
8.3. Online
9. Boric acid Market, by End-use
9.1. Introduction
9.2. Agricultural
9.3. Building & Construction
9.4. Chemical Processing
9.5. Pharmaceutical
10. Americas Boric acid Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Boric acid Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Boric acid Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. 3M Company
14.1.2. American Borate Company
14.1.3. Avantor, Inc.
14.1.4. BASF SE
14.1.5. Bhavani Chemicals
14.1.6. Dawn Scientific Inc.
14.1.7. DMCC Speciality Chemicals Limited
14.1.8. Ebrator Biochemicals Inc.
14.1.9. Gujarat Boron Derivatives Pvt. Ltd.
14.1.10. Hemadri Chemicals
14.1.11. INKABOR
14.1.12. Merck KGaA
14.1.13. Minera Santa Rita S.R.L
14.1.14. Nippon Denko Co., Ltd.
14.1.15. Noah Chemicals
14.1.16. Organic Industries Pvt Ltd.
14.1.17. QUIBORAX S.A.
14.1.18. Rose Mill Co.
14.1.19. Southern AG Insecticides, Inc.
14.1.20. Spectrum Chemical Mfg. Corp.
14.1.21. Tokyo Chemical Industry Co., Ltd.
14.1.22. Tomiyama Pure Chemical Industries, Ltd.
14.1.23. Vizag Chemicals
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing

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