Global and United States Boric Acid Market Insights, Forecast to 2027
SKU ID :QYR-18922302 | Published Date: 17-Aug-2021 | No. of pages: 134Description
“Boric acid” is also called as “hydrogen borate”, or “boracic acid”. It is a weak, monobasic used as an antiseptic, insecticide, flame retardant. It exists in colorless crystals or a white powder that dissolves in water.
The global demand for insulation materials drives the boric acid market with increase in demand for residential and commercial applications. In addition, rise in building and construction owing to increase in macro-economic factors such as increase in per capita income has triggered the growth of the boric acid market. Furthermore, the rise in demand for boric acid in fiberglass insulation has majorly boosted the market growth, and this trend is expected to continue in the coming years. The growing demand for borate and boron products in the oil and gas sector as a viscosity and Ph modifier is likely to offer the boric acid market with growth opportunities. Furthermore, increase in demand for consumer electronics and glazed ceramics are projected to boost the demand for boric acid. However, the use of boric acid in personal care items is restricted under the European regulations, which have classified it under the category of a carcinogenic compound and this is likely to hinder the market growth. However, the increase in demand as an energy efficient compound coupled with the demand for borosilicate glass in cookware and laboratory applications are likely to create potential growth avenues for the market.
Market Analysis and Insights: Global and United States Boric Acid Market
This report focuses on global and United States Boric Acid market.
In 2020, the global Boric Acid market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In United States the Boric Acid market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Boric Acid Scope and Market Size
Boric Acid market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Boric Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Boric Acid market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.
Segment by Type
Medical Grade
Industrial Grade
Others
Segment by Application
Glass
Ceramics
Pharmaceutical
Pesticide
Fertilizer
Textile Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Ricca Chemical
Etimine USA
Promega Corporation
Quiborax
Minera Santa Rita SRL (MSR)
Southern Agricultural Insecticides
Inkabor
The global demand for insulation materials drives the boric acid market with increase in demand for residential and commercial applications. In addition, rise in building and construction owing to increase in macro-economic factors such as increase in per capita income has triggered the growth of the boric acid market. Furthermore, the rise in demand for boric acid in fiberglass insulation has majorly boosted the market growth, and this trend is expected to continue in the coming years. The growing demand for borate and boron products in the oil and gas sector as a viscosity and Ph modifier is likely to offer the boric acid market with growth opportunities. Furthermore, increase in demand for consumer electronics and glazed ceramics are projected to boost the demand for boric acid. However, the use of boric acid in personal care items is restricted under the European regulations, which have classified it under the category of a carcinogenic compound and this is likely to hinder the market growth. However, the increase in demand as an energy efficient compound coupled with the demand for borosilicate glass in cookware and laboratory applications are likely to create potential growth avenues for the market.
Market Analysis and Insights: Global and United States Boric Acid Market
This report focuses on global and United States Boric Acid market.
In 2020, the global Boric Acid market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In United States the Boric Acid market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.
Global Boric Acid Scope and Market Size
Boric Acid market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Boric Acid market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Boric Acid market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.
Segment by Type
Medical Grade
Industrial Grade
Others
Segment by Application
Glass
Ceramics
Pharmaceutical
Pesticide
Fertilizer
Textile Industry
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Ricca Chemical
Etimine USA
Promega Corporation
Quiborax
Minera Santa Rita SRL (MSR)
Southern Agricultural Insecticides
Inkabor
TOC
Tables & Figures
Companies
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