Boric Acid Market size was US$ 890 Mn in 2023 and is expected to reach US$ 1320.66 Mn by 2030, at a CAGR of 5.8% during the forecast period.

Market Scope:

The research focuses on the report's growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Boric Acid industry to assess the impact of several variables on Boric Acid market trends, including supplier bargaining power, competitor competitive intensity, the threat of alternatives, buyer power etc.

Market Overview:

The research "Boric Acid Market" seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Boric Acid Market by Product Type, End Users/Application, Key Manufacturers, and Several Key Regions.

Segmentation:

by Grade

Industrial
Pharmaceutical

by Application

Industrial
Household

by Distribution Channel

Wholesale
E-Commerce
Retail Shop
Hypermarket/Supermarket
Independent Shop
Convenient Shop

by End-User

Glass
Ceramic
Agriculture
Medical
Cosmetics
Wood Preservation
Flame Retardants
Other

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Key Players: The key players are

North America:
1.Borax (USA)
2.3M
3.Searles Valley Minerals

Asia Pacific:
1.Tomiyama Pure Chemical Industries (Japan)
2. Eti Maden (Turkey)
3.Gujarat Boron Derivatives (India)

Europe:
1.Societa Chimica Larderello (SCL) (Italy)
2.BASF (Germany)

Middle East and Africa:
1.Russian Bor (Russia)

South America:
1.Sociedad Industrial Tierra (Chile)
2.Minera Santa Rita (MSR) (Peru)
3.Quiborax (Bolivia)

Regional Analysis:

Our analysts have also studied the global Boric Acid market in the following regions:

  • America, North (the United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

Rea More: https://www.maximizemarketresearch.com/market-report/global-boric-acid-market/66557/ 

Key Questions Answered in the Boric Acid Market Report are:

  • What will be the CAGR of the Boric Acid market during the forecast period?
  • Which segment emerged as the leading segment in the Boric Acid market in 2023?
  • Which are the key players in the Boric Acid market?
  • What key trends are likely to emerge in the Boric Acid market in the forecast period?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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