Chemical and MaterialPress Releases

Boric Acid Market Size to Hit US$ 1,117 Million by 2030: Precedence Research

Share This Article

The global boric acid market was estimated at US$ 670 million in 2020 and is expected to hit US$ 1,117 million by 2030, registering a CAGR of 5.8% from 2021 to 2030, as per reports by market research and consulting organisation Precedence Research.

The report contains 150+ pages with detailed analysis. The report provides an in-depth analysis of the market size, share, emerging and current trends, future estimations, and key players.

Download Free Sample Copy with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1216

Crucial factors accountable for market growth are:

  • Increasing demand for the boric acid due to rapid industrialization across the globe
  • Rising construction activities across the globe are creating huge demand
  • Growing glass and textile industry worldwide
  • Excellent chemical properties of boric acid offering various benefits

Competition Landscape

In the final section of the research report, Precedence Research provided the global boric acid market structure and a detailed competition landscape to provide a dashboard view of key players operating in the boric acid market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the boric acid market include:

  • NIPPON DENKO CO. LTD
  • 3M
  • Minera Santa Rita S.R.L. (MSR)
  • Southern Agricultural Insecticides Inc.
  • Quiborax S.A.
  • American Borate Company
  • Nirma Limited (Searles Valley Minerals Inc.)
  • EtiMaden
  • Promega Corporation
  • Rio Tinto Group

COVID-19 Impact

The outburst of COVID-19 has impacted on most of the key markets across the globe. COVID-19 has an adverse impact on the boric acid market. Asia Pacific is the biggest market for the boric acid, but to the spread of coronavirus and lockdown situations in China, India, Japan has led to reduced supply and demand for the boric acid. Due to COVID-19, supply chain disruption, fluctuations in the raw material supply, insufficient man power in the manufacturing facility and low demand form the end use costumers hampered target industry growth in the developed as well as emerging economies worldwide. However, COVID-19 situation is resolving slowly and most of the industries are started their facilities at full capacity.

Market Segmentation

By Grade

  • Industrial Grade
  • Pharmaceutical Grade

By End-Use

  • Glass
  • Ceramic
  • Agriculture
  • Medical
  • Other End-Uses

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Why should you invest in this report?

If you are aiming to enter the global boric acid market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for boric acid are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1216

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Boric Acid Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Boric Acid Market

5.1. Covid-19: Boric Acid Industry Impact
5.2. Boric Acid Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Boric Acid Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Boric Acid Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Boric Acid Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Rapid industrialization and urbanization across the world
6.1.1.2. Increasing applications in the construction industries
6.1.2. Market Restraints
6.1.2.1. Fluctuating raw material prices
6.1.3. Market Opportunities
6.1.3.1. Emerging applications

Chapter 7. Global Boric Acid Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Boric Acid Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Boric Acid Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Boric Acid Market, By Grade

8.1. Boric Acid Market, by Type, 2017-2030
8.1.1. Industrial Grade
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Pharmaceutical Grade
8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Boric Acid Market, By End-use

9.1. Boric Acid Market, by End-use, 2017-2030
9.1.1. Glass
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Ceramic
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Agriculture
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Medical
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Other End-Uses
9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Boric Acid Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue Forecast by Grade(2017-2030)
10.1.2. Market Revenue Forecast by End-use (2017-2030)
10.1.3. U.S
10.1.3.1. Market Revenue Forecast (2017-2030)
10.1.4. Canada
10.1.4.1. Market Revenue Forecast (2017-2030)
10.2. Europe
10.2.1. Market Revenue Forecast by Grade (2017-2030)
10.2.2. Market Revenue Forecast by End-use (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue Forecast (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue Forecast (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue Forecast (2017-2030)
10.2.6. Rest of EU
10.2.6.1. Market Revenue Forecast (2017-2030)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue Forecast by Grade (2017-2030)
10.3.2. Market Revenue Forecast by End-use (2017-2030)
10.3.3. China
10.3.3.1. Market Revenue Forecast (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue Forecast (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue Forecast (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue Forecast (2017-2030)
10.4. LATAM
10.4.1. Market Revenue Forecast by Grade (2017-2030)
10.4.2. Market Revenue Forecast by End-use (2017-2030)
10.4.3. Brazil
10.4.3.1. Market Revenue Forecast (2017-2030)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue Forecast (2017-2030)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue Forecast by Grade (2017-2030)
10.5.2. Market Revenue Forecast by End-use (2017-2030)
10.5.3. GCC
10.5.3.1. Market Revenue Forecast (2017-2030)
10.5.4. North Africa
10.5.4.1. Market Revenue Forecast (2017-2030)
10.5.5. South Africa
10.5.5.1. Market Revenue Forecast (2017-2030)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue Forecast (2017-2030)

Chapter 11. Company Profiles

11.1. Rio Tinto Group (U.S. Borax Inc.)
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Price, and Gross Margin (2017-2020)
11.1.4. Recent Developments and Strategies
11.2. 3M
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Price, and Gross Margin (2017-2020)
11.2.4. Recent Developments and Strategies
11.3. EtiMaden
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Price, and Gross Margin (2017-2020)
11.3.4. Recent Developments and Strategies
11.4. Nirma Limited (Searles Valley Minerals Inc.)
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Price, and Gross Margin (2017-2020)
11.4.4. Recent Developments and Strategies
11.5. NIPPON DENKO CO. LTD.
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Price, and Gross Margin (2017-2020)
11.5.4. Recent Developments and Strategies
11.6. Promega Corporation
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Price, and Gross Margin (2017-2020)
11.6.4. Recent Developments and Strategies
11.7. Southern Agricultural Insecticides Inc.
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Price, and Gross Margin (2017-2020)
11.7.4. Recent Developments and Strategies
11.8. Quiborax S.A.
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Price, and Gross Margin (2017-2020)
11.8.4. Recent Developments and Strategies
11.9. American Borate Company
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Price, and Gross Margin (2017-2020)
11.9.4. Recent Developments and Strategies
11.10. Minera Santa Rita S.R.L. (MSR)
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Price, and Gross Margin (2017-2020)
11.10.4. Recent Developments and Strategies

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1216

Contact Us:         

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Follow us on LinkedIn | Twitter | Facebook

Show More

Market Stats News

Market Stats News is a Canada/India based company and one of the leading providers of strategic market insights. We offer executive-level blueprints of markets and solutions beyond flagship surveys. Our repository covers consultation, syndicated market studies, and customized research reports. Through our services, we aim at connecting an organization’s goal with lucrative prospects globally.

Related Articles

Back to top button