Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Borax Market by Type (Anhydrous Borax, Borax Pentahydrate, Borax Decahydrate), By Application (Boric Acid, Fiberglass, Enamel, Detergent) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Borax Market by Type (Anhydrous Borax, Borax Pentahydrate, Borax Decahydrate), By Application (Boric Acid, Fiberglass, Enamel, Detergent) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 137091 3300 Chemical & Material 377 234 Pages 4.5 (34)

The global borax market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of the global borax market is driven by increasing demand for boric acid and fiberglass in various end-use industries such as construction, automotive, and electronics. Boric acid is used as an insecticide in agriculture and pest control services; it also finds application in water treatment plants for removing algae from water bodies. Fiberglass finds application in insulation material for buildings and automobiles; it also finds use as a flame retardant material in furniture manufacturing industry. Anhydrous Borax accounted for the largest share of the global borax market with over 50% share followed by Borax Pentahydrate with over 30%. The demand for anhydrous borax is expected to increase due to its usage as a raw material in production of other chemicals such as sodium tetraborate pentahydrate (boron oxide) which has applications across various industries such as construction, automotive, electronics etc, while demand for pentahydrate will be driven by its usage in detergent formulation which has been witnessing significant growth globally due to increasing awareness about hygiene among consumers coupled with rising disposable incomes across emerging economies like India and China.

Some Of The Growth Factors Of This Market:

  1. Borax is a natural mineral that has been used for centuries as a cleaning agent and water softener.
  2. Borax is also used in the production of glass, ceramics, enamelware, and detergents.
  3. The use of borax in these products has increased demand for the mineral over time.
  4. The price of borax has also increased due to its scarcity on the market and this has led to an increase in demand for it as well as an increase in prices for products that contain it such as laundry detergent and dishwasher detergent.
  5. As more people are becoming aware of the benefits of using borax, there will be an increase in demand for it.

Industry Growth Insights published a new data on “Borax Market”. The research report is titled “Borax Market research by Types (Anhydrous Borax, Borax Pentahydrate, Borax Decahydrate), By Applications (Boric Acid, Fiberglass, Enamel, Detergent), By Players/Companies RTM, Eti, Searles, RUSSIAN BOR, QUIBORAX, SRL, INKABOR, Dalian Jinma, Fengcheng, Kuandian”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Borax Market Research Report

By Type

Anhydrous Borax, Borax Pentahydrate, Borax Decahydrate

By Application

Boric Acid, Fiberglass, Enamel, Detergent

By Companies

RTM, Eti, Searles, RUSSIAN BOR, QUIBORAX, SRL, INKABOR, Dalian Jinma, Fengcheng, Kuandian

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Borax Industry Outlook

Global Borax Market Report Segments:

The global Borax market is segmented on the basis of:


Anhydrous Borax, Borax Pentahydrate, Borax Decahydrate

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Boric Acid, Fiberglass, Enamel, Detergent

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. RTM
  2. Eti
  3. Searles
  6. SRL
  8. Dalian Jinma
  9. Fengcheng
  10. Kuandian

Global Borax Market Overview

Highlights of The Borax Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Anhydrous Borax
    2. Borax Pentahydrate
    3. Borax Decahydrate
  1. By Application:

    1. Boric Acid
    2. Fiberglass
    3. Enamel
    4. Detergent
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Borax Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Borax Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Borax is a mineral that is found in nature. It is a soft, white, granular material that can be easily crushed. Borax is used as an insecticide and fungicide.

Some of the key players operating in the borax market are RTM, Eti, Searles, RUSSIAN BOR, QUIBORAX, SRL, INKABOR, Dalian Jinma, Fengcheng, Kuandian.

The borax market is expected to grow at a compound annual growth rate of 3.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Borax Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Borax Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Borax Market - Supply Chain
   4.5. Global Borax Market Forecast
      4.5.1. Borax Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Borax Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Borax Market Absolute $ Opportunity

5. Global Borax Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Borax Market Size and Volume Forecast by Type
      5.3.1. Anhydrous Borax
      5.3.2. Borax Pentahydrate
      5.3.3. Borax Decahydrate
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Borax Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Borax Market Size and Volume Forecast by Application
      6.3.1. Boric Acid
      6.3.2. Fiberglass
      6.3.3. Enamel
      6.3.4. Detergent
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Borax Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Borax Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Borax Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Borax Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Borax Demand Share Forecast, 2019-2029

9. North America Borax Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Borax Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Borax Market Size and Volume Forecast by Application
      9.4.1. Boric Acid
      9.4.2. Fiberglass
      9.4.3. Enamel
      9.4.4. Detergent
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Borax Market Size and Volume Forecast by Type
      9.7.1. Anhydrous Borax
      9.7.2. Borax Pentahydrate
      9.7.3. Borax Decahydrate
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Borax Demand Share Forecast, 2019-2029

10. Latin America Borax Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Borax Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Borax Market Size and Volume Forecast by Application
      10.4.1. Boric Acid
      10.4.2. Fiberglass
      10.4.3. Enamel
      10.4.4. Detergent
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Borax Market Size and Volume Forecast by Type
      10.7.1. Anhydrous Borax
      10.7.2. Borax Pentahydrate
      10.7.3. Borax Decahydrate
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Borax Demand Share Forecast, 2019-2029

11. Europe Borax Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Borax Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Borax Market Size and Volume Forecast by Application
      11.4.1. Boric Acid
      11.4.2. Fiberglass
      11.4.3. Enamel
      11.4.4. Detergent
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Borax Market Size and Volume Forecast by Type
      11.7.1. Anhydrous Borax
      11.7.2. Borax Pentahydrate
      11.7.3. Borax Decahydrate
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysi
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Borax Demand Share, 2019-2029

12. Asia Pacific Borax Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Borax Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Borax Market Size and Volume Forecast by Application
      12.4.1. Boric Acid
      12.4.2. Fiberglass
      12.4.3. Enamel
      12.4.4. Detergent
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Borax Market Size and Volume Forecast by Type
      12.7.1. Anhydrous Borax
      12.7.2. Borax Pentahydrate
      12.7.3. Borax Decahydrate
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Borax Demand Share, 2019-2029

13. Middle East & Africa Borax Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Borax Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Borax Market Size and Volume Forecast by Application
      13.4.1. Boric Acid
      13.4.2. Fiberglass
      13.4.3. Enamel
      13.4.4. Detergent
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Borax Market Size and Volume Forecast by Type
      13.7.1. Anhydrous Borax
      13.7.2. Borax Pentahydrate
      13.7.3. Borax Decahydrate
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Borax Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Borax Market: Market Share Analysis
   14.2. Borax Distributors and Customers
   14.3. Borax Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. RTM Overview Financials Developments Strategic Outlook
      14.4.2. Eti Overview Financials Developments Strategic Outlook
      14.4.3. Searles Overview Financials Developments Strategic Outlook
      14.4.4. RUSSIAN BOR Overview Financials Developments Strategic Outlook
      14.4.5. QUIBORAX Overview Financials Developments Strategic Outlook
      14.4.6. SRL Overview Financials Developments Strategic Outlook
      14.4.7. INKABOR Overview Financials Developments Strategic Outlook
      14.4.8. Dalian Jinma Overview Financials Developments Strategic Outlook
      14.4.9. Fengcheng Overview Financials Developments Strategic Outlook
      14.4.10. Kuandian Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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