North America Boric Acid Market Size, Share & Trends Analysis Report By Grade (Industrial, Pharmaceutical, and Others), By End-use (Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Others), By Country and Growth Forecas

North America Boric Acid Market Size, Share & Trends Analysis Report By Grade (Industrial, Pharmaceutical, and Others), By End-use (Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Others), By Country and Growth Forecast, 2023 - 2030


The North America Boric Acid Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 202.7 kilo tonnes, showcasing a growth of 3.9% (2019-2022).

Boric acid is widely employed as a natural and effective insecticide. It controls pests such as ants, cockroaches, termites, and silverfish. Boric acid disrupts the digestive system of insects, leading to their eventual demise. In nuclear reactors ' control systems, boric acid is used as a neutron absorber. By adjusting the concentration of boric acid in the reactor coolant, operators can control the rate of nuclear reactions and maintain reactor stability. Boric acid is used to preserve wood from decay and insect infestation. Wood treated with boric acid exhibits enhanced resistance to fungal growth and wood-boring insects.

Boric acid finds application in producing photographic chemicals, particularly in developing certain photographic emulsions. Its role in this industry highlights its importance in niche applications. In electronics manufacturing, boric acid is used as a flux in soldering. It helps remove metal oxides from surfaces, facilitating the soldering process and improving the quality of electronic connections. Boric acid is a component in some household cleaning agents due to its disinfectant properties. It is effective against various bacteria and fungi, making it useful for maintaining a hygienic environment.

The rising manufacture of electronic components and devices in Canada may increase demand for boric acid-based fluxes. As the electronics manufacturing sector expands in Canada, particularly in producing displays, sensors, and electronic packaging, there can be an increased demand for boric acid in glass and ceramic manufacturing. Hence, the factors mentioned above will drive the regional market growth.

The US market dominated the North America Boric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $270.1 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico would exhibit a CAGR of 6% during (2023 - 2030).

Based on Grade, the market is segmented into Industrial, Pharmaceutical, and Others. Based on End-use, the market is segmented into Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Rio Tinto PLC (Rio Tinto Internationals Holdings Limited)
  • Rose Mill Co.
  • Speed International India Pvt Ltd.
  • Avantor, Inc.
  • 3M Company
  • Minera Santa Rita S.R.L
  • Quiborax S.A.
  • Gujarat Boron Derivatives Pvt. Ltd
  • Eti Maden
  • BASF SE
North America Boric Acid Market Report Segmentation

By Grade (Volume, Killo Tonnes, USD Billion, 2019-2030)
  • Industrial
  • Pharmaceutical
  • Others
By End User (Volume, kilo Tonnes, USD Billion, 2019-2030)
  • Construction
  • Agriculture
  • Automotive
  • Electronics
  • Pharmaceutical & Healthcare
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Boric Acid Market, by Grade
1.4.2 North America Boric Acid Market, by End-Use
1.4.3 North America Boric Acid Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Boric Acid Market by Grade
4.1 North America Industrial Market by Country
4.2 North America Pharmaceutical Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Boric Acid Market by End-use
5.1 North America Construction Market by Country
5.2 North America Agriculture Market by Country
5.3 North America Automotive Market by Country
5.4 North America Electronics Market by Country
5.5 North America Pharmaceutical & Healthcare Market by Country
5.6 North America Others Market by Country
Chapter 6. North America Boric Acid Market by Country
6.1 US Boric Acid Market
6.1.1 US Boric Acid Market by Grade
6.1.2 US Boric Acid Market by End-use
6.2 Canada Boric Acid Market
6.2.1 Canada Boric Acid Market by Grade
6.2.2 Canada Boric Acid Market by End-use
6.3 Mexico Boric Acid Market
6.3.1 Mexico Boric Acid Market by Grade
6.3.2 Mexico Boric Acid Market by End-use
6.4 Rest of North America Boric Acid Market
6.4.1 Rest of North America Boric Acid Market by Grade
6.4.2 Rest of North America Boric Acid Market by End-use
Chapter 7. Company Profiles
7.1 Rio Tinto PLC (Rio Tinto International Holdings Limited)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 ROSE MILL CO.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Minera Santa Rita S.R.L.
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Speed International India Pvt. Ltd.
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Quiborax S.A.
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Gujarat Boron Derivatives Pvt. Ltd.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Eti Maden
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 3M Company
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 SWOT Analysis
7.9 BASF SE
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Avantor, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 SWOT Analysis

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