The global high purity boric acid 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 this market can be attributed to the increasing demand for high purity boric acid in pharmaceutical industry and glass industry. High purity boric acid is used as an antiseptic agent in pharmaceutical industry and as a fluxing agent in glass industry.
Asia Pacific is expected to be the fastest-growing region for high purity boric acid during the forecast period, owing to its large population base and increasing demand from emerging economies such as China and India. North America will continue to dominate this market due to its advanced healthcare infrastructure, stringent regulations on quality standards, and presence of major players such as Dow Chemical Company (US), BASF SE (Germany), Solvay S.A.(Belgium), Evonik Industries AG (Germany), Albemarle Corporation (US), Akzo Nobel N V (Netherlands) among others.
Some Of The Growth Factors Of This Market:
- The growth of the global population is a major factor in the growth of the high purity boric acid market.
- The increasing demand for high purity boric acid in various industries such as pharmaceuticals, food and beverage, and electronics is also a major factor in the growth of this market.
- Increasing awareness about health benefits associated with high purity boric acid is also driving its demand globally.
- Increasing number of research studies on high purity boric acid are expected to fuel its demand over the forecast period (2017-2026).
- Growing awareness about environmental issues such as climate change and pollution are expected to drive up consumption of products that have less impact on environment such as high purity boric acid.
Industry Growth Insights published a new data on “High Purity Boric Acid Market”. The research report is titled “High Purity Boric Acid Market research by Types (0.998, 0.999), By Applications (Pharmaceutical Industry, Glass, Cosmetic, Metallurgical Industry, Textile Industry, Other), By Players/Companies Borax, Ricca Chemical, Etimine USA, Promega Corporation, Quiborax, Minera Santa Rita SRL (MSR), Southern Agricultural Insecticides, Inkabor, Eti Maden, Sociedad Industrial Tierra S.A, Searles Valley Minerals, ARROW FINE CHEMICALS, PF Harris”.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Purity Boric Acid Market Research Report
By Type
0.998, 0.999
By Application
Pharmaceutical Industry, Glass, Cosmetic, Metallurgical Industry, Textile Industry, Other
By Companies
Borax, Ricca Chemical, Etimine USA, Promega Corporation, Quiborax, Minera Santa Rita SRL (MSR), Southern Agricultural Insecticides, Inkabor, Eti Maden, Sociedad Industrial Tierra S.A, Searles Valley Minerals, ARROW FINE CHEMICALS, PF Harris
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global High Purity Boric Acid Market Report Segments:
The global High Purity Boric Acid market is segmented on the basis of:
Types
0.998, 0.999
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.
Applications
Pharmaceutical Industry, Glass, Cosmetic, Metallurgical Industry, Textile Industry, Other
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:
- Borax
- Ricca Chemical
- Etimine USA
- Promega Corporation
- Quiborax
- Minera Santa Rita SRL (MSR)
- Southern Agricultural Insecticides
- Inkabor
- Eti Maden
- Sociedad Industrial Tierra S.A
- Searles Valley Minerals
- ARROW FINE CHEMICALS
- PF Harris
Highlights of The High Purity Boric Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 0.998
- 0.999
- By Application:
- Pharmaceutical Industry
- Glass
- Cosmetic
- Metallurgical Industry
- Textile Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Purity Boric Acid 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.
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- 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boric acid is a white crystalline powder with a strong, acidic odor. It is used in manufacturing and as an agricultural pesticide.
Some of the major companies in the high purity boric acid market are Borax, Ricca Chemical, Etimine USA, Promega Corporation, Quiborax, Minera Santa Rita SRL (MSR), Southern Agricultural Insecticides, Inkabor, Eti Maden, Sociedad Industrial Tierra S.A, Searles Valley Minerals, ARROW FINE CHEMICALS, PF Harris.
The high purity boric acid market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Purity Boric Acid 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. High Purity Boric Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Purity Boric Acid Market - Supply Chain
4.5. Global High Purity Boric Acid Market Forecast
4.5.1. High Purity Boric Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Purity Boric Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Purity Boric Acid Market Absolute $ Opportunity
5. Global High Purity Boric Acid 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. High Purity Boric Acid Market Size and Volume Forecast by Type
5.3.1. 0.998
5.3.2. 0.999
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Purity Boric Acid 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. High Purity Boric Acid Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Industry
6.3.2. Glass
6.3.3. Cosmetic
6.3.4. Metallurgical Industry
6.3.5. Textile Industry
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Purity Boric Acid 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. High Purity Boric Acid 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 High Purity Boric Acid 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. High Purity Boric Acid 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 High Purity Boric Acid Demand Share Forecast, 2019-2026
9. North America High Purity Boric Acid 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 High Purity Boric Acid 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 High Purity Boric Acid Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Industry
9.4.2. Glass
9.4.3. Cosmetic
9.4.4. Metallurgical Industry
9.4.5. Textile Industry
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Purity Boric Acid Market Size and Volume Forecast by Type
9.7.1. 0.998
9.7.2. 0.999
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 High Purity Boric Acid Demand Share Forecast, 2019-2026
10. Latin America High Purity Boric Acid 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 High Purity Boric Acid 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 High Purity Boric Acid Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Industry
10.4.2. Glass
10.4.3. Cosmetic
10.4.4. Metallurgical Industry
10.4.5. Textile Industry
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Purity Boric Acid Market Size and Volume Forecast by Type
10.7.1. 0.998
10.7.2. 0.999
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 High Purity Boric Acid Demand Share Forecast, 2019-2026
11. Europe High Purity Boric Acid 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 High Purity Boric Acid 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 High Purity Boric Acid Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Industry
11.4.2. Glass
11.4.3. Cosmetic
11.4.4. Metallurgical Industry
11.4.5. Textile Industry
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Purity Boric Acid Market Size and Volume Forecast by Type
11.7.1. 0.998
11.7.2. 0.999
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
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 High Purity Boric Acid Demand Share, 2019-2026
12. Asia Pacific High Purity Boric Acid 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 High Purity Boric Acid 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 High Purity Boric Acid Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Industry
12.4.2. Glass
12.4.3. Cosmetic
12.4.4. Metallurgical Industry
12.4.5. Textile Industry
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Purity Boric Acid Market Size and Volume Forecast by Type
12.7.1. 0.998
12.7.2. 0.999
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 High Purity Boric Acid Demand Share, 2019-2026
13. Middle East & Africa High Purity Boric Acid 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 High Purity Boric Acid 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 High Purity Boric Acid Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Industry
13.4.2. Glass
13.4.3. Cosmetic
13.4.4. Metallurgical Industry
13.4.5. Textile Industry
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Purity Boric Acid Market Size and Volume Forecast by Type
13.7.1. 0.998
13.7.2. 0.999
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 High Purity Boric Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Purity Boric Acid Market: Market Share Analysis
14.2. High Purity Boric Acid Distributors and Customers
14.3. High Purity Boric Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Borax
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ricca Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Etimine USA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Promega Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Quiborax
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Minera Santa Rita SRL (MSR)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Southern Agricultural Insecticides
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Inkabor
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Eti Maden
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sociedad Industrial Tierra S.A
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Searles Valley Minerals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ARROW FINE CHEMICALS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PF Harris
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
