Global Boric Acid Market 2023-2027

Global Boric Acid Market 2023-2027

Technavio has been monitoring the boric acid market and it is poised to grow by $242.34 mn during 2023-2027, accelerating at a CAGR of 5.78% during the forecast period. Our report on the boric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an increase in demand from developing countries, growing demand for energy-efficient buildings, and an increase in demand from the glass industry.

Technavio's boric acid market is segmented as below:

By Application

  • Glass and ceramics
  • Agriculture
  • Detergents
  • Others
By End-user
  • Industrial
  • Household
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the growing demand from the renewable energy sector as one of the prime reasons driving the boric acid market growth during the next few years. Also, the development of boron-based nano-lubrication additives and an increase in global nuclear power capacity will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the boric acid market covers the following areas:
  • Boric acid market sizing
  • Boric acid market forecast
  • Boric acid market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading boric acid market vendors that include 3M Co., American Borate Co., Avantor Inc., Eti Maden isletmeleri Genel Mudurlugu, Gujarat Boron Derivatives Pvt. Ltd., Hemadri Chemicals, Indo Borax and Chemicals Ltd., Innova Corporate India, Minera Santa Rita Srl, Organic Industries Pvt. Ltd., Orocobre Ltd., Quiborax, Rio Tinto Ltd., SCL Italia Spa, Sociedad Quimica y Minera de Chile SA, The Chemical Co., The Dharamsi Morarji Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd., and Tomiyama Pure Chemical Industries Ltd. Also, the boric acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Application
      • Table Executive Summary - Chart on Market Segmentation by End-user
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global boric acid market 2017 - 2021
      • Table Historic Market Size - Data Table on Global boric acid market 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - Geography Segment 2017 - 2021 ($ million)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size - End-user Segment 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size - Application Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Glass and ceramics - Market size and forecast 2022- 2027
      • Table Chart on Glass and ceramics - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Glass and ceramics - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Glass and ceramics - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Glass and ceramics - Year-over-year growth 2022-2027 (%)
    • Agriculture - Market size and forecast 2022-2027
      • Table Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Agriculture - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
    • Detergents - Market size and forecast 2022-2027
      • Table Chart on Detergents - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Detergents - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Detergents - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Detergents - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Industrial - Market size and forecast 2022-2027
      • Table Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • Household - Market size and forecast 2022-2027
      • Table Chart on Household - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Household - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Household - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Household - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in demand from developing countries
      • Growing demand for energy-efficient buildings
      • Increase in demand from the glass industry
    • Market challenges
      • Stringent regulations and policies
      • Threat of substitutes
      • Negative impact of mining
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Growing demand from the renewable energy sector
      • Development of boron-based nano-lubrication additives
      • Increase in global nuclear power capacity
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • 3M Co.
      • Table 3M Co. - Overview
      • Table 3M Co. - Business segments
      • Table 3M Co. - Key news
      • Table 3M Co. - Key offerings
      • Table 3M Co. - Segment focus
    • American Borate Co.
      • Table American Borate Co. - Overview
      • Table American Borate Co. - Product / Service
      • Table American Borate Co. - Key offerings
    • Avantor Inc.
      • Table Avantor Inc. - Overview
      • Table Avantor Inc. - Business segments
      • Table Avantor Inc. - Key offerings
      • Table Avantor Inc. - Segment focus
    • Eti Maden isletmeleri Genel Mudurlugu
      • Table Eti Maden isletmeleri Genel Mudurlugu - Overview
      • Table Eti Maden isletmeleri Genel Mudurlugu - Product / Service
      • Table Eti Maden isletmeleri Genel Mudurlugu - Key offerings
    • Gujarat Boron Derivatives Pvt. Ltd.
      • Table Gujarat Boron Derivatives Pvt. Ltd. - Overview
      • Table Gujarat Boron Derivatives Pvt. Ltd. - Product / Service
      • Table Gujarat Boron Derivatives Pvt. Ltd. - Key offerings
    • Hemadri Chemicals
      • Table Hemadri Chemicals - Overview
      • Table Hemadri Chemicals - Product / Service
      • Table Hemadri Chemicals - Key offerings
    • Indo Borax and Chemicals Ltd.
      • Table Indo Borax and Chemicals Ltd. - Overview
      • Table Indo Borax and Chemicals Ltd. - Product / Service
      • Table Indo Borax and Chemicals Ltd. - Key offerings
    • Innova Corporate India
      • Table Innova Corporate India - Overview
      • Table Innova Corporate India - Product / Service
      • Table Innova Corporate India - Key offerings
    • Minera Santa Rita Srl
      • Table Minera Santa Rita Srl - Overview
      • Table Minera Santa Rita Srl - Product / Service
      • Table Minera Santa Rita Srl - Key offerings
    • Organic Industries Pvt. Ltd.
      • Table Organic Industries Pvt. Ltd. - Overview
      • Table Organic Industries Pvt. Ltd. - Product / Service
      • Table Organic Industries Pvt. Ltd. - Key offerings
    • Orocobre Ltd.
      • Table Orocobre Ltd. - Overview
      • Table Orocobre Ltd. - Business segments
      • Table Orocobre Ltd. - Key offerings
      • Table Orocobre Ltd. - Segment focus
    • Rio Tinto Ltd.
      • Table Rio Tinto Ltd. - Overview
      • Table Rio Tinto Ltd. - Business segments
      • Table Rio Tinto Ltd. - Key news
      • Table Rio Tinto Ltd. - Key offerings
      • Table Rio Tinto Ltd. - Segment focus
    • SCL Italia Spa
      • Table SCL Italia Spa - Overview
      • Table SCL Italia Spa - Product / Service
      • Table SCL Italia Spa - Key offerings
    • Sociedad Quimica y Minera de Chile SA
      • Table Sociedad Quimica y Minera de Chile SA - Overview
      • Table Sociedad Quimica y Minera de Chile SA - Business segments
      • Table Sociedad Quimica y Minera de Chile SA - Key offerings
      • Table Sociedad Quimica y Minera de Chile SA - Segment focus
    • The Chemical Co.
      • Table The Chemical Co. - Overview
      • Table The Chemical Co. - Product / Service
      • Table The Chemical Co. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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