The Global Boric Acid Market size was valued at USD 890 million in 2023 and the total Boric Acid Market size is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 1320.66 Million by 2030.Global Boric Acid Market Overview
Boric acid, also known as hydrogen borate, is a white, crystalline chemical compound that is widely used in various industries thanks to its versatile properties. The global boric acid market is driven by its extensive application across sectors such as agriculture, pharmaceuticals, ceramics, and textiles. In agriculture, boric acid is used as a soil amendment and micronutrient fertilizer to improve crop yields. In the pharmaceutical industry, it is used in the manufacturing of ointments, eye drops, and antiseptics. The ceramics industry utilizes boric acid as a fluxing agent to reduce the melting point of materials and improve their workability. Additionally, boric acid finds application in the production of fiberglass, flame retardants, and insecticides, among others. One of the key trends in the global boric acid market is the increasing demand for environmentally friendly and sustainable products. As consumers become more aware of the impact of chemicals on the environment, there is a growing preference for products that are derived from natural sources and have minimal environmental impact. This trend has led to the development of boric acid-based products that are biodegradable and less harmful to the environment. Manufacturers are also focusing on improving the efficiency of boric acid production processes to reduce energy consumption and waste generation, further aligning with sustainable practices. Geographically, Asia Pacific is a major market for boric acid, driven by the rapid industrialization and agricultural activities in countries such as China, India, and Japan. The region's growing population and increasing disposable income are also contributing to the demand for boric acid-based products. North America and Europe are other significant markets for boric acid, with applications in industries such as automotive, construction, and electronics. The global boric acid market is highly competitive, with key players focusing on product innovation, expanding their product portfolios, and strategic collaborations to gain a competitive edge.To know about the Research Methodology :- Request Free Sample Report
Global Boric Acid Market Dynamics
Rising construction activities across the globe are creating huge demand. The rising construction activities across the globe are a significant driver of the boric acid market. Boric acid is commonly used in the construction industry as a flame retardant and wood preservative, as well as in the production of fiberglass for insulation and reinforcing materials. Additionally, boric acid is used in the manufacturing of ceramic tiles and sanitary ware, which are essential components of construction projects. Profit margins are also crucial, prompting manufacturers to improve efficiency and reduce production costs through research and development. As global demand for boric acid grows, companies that effectively manage profit margins will be well-positioned to capitalize on market growth opportunities.• The construction industry in the United States is forecast to grow at a rate of 5.8% and 6.0% on average in 2022 and 2023. As a result, businesses will need to maximize material value, save expenses, and improve process efficiency.
Growing glass and textile industry worldwide The growing glass and textile industries worldwide are significant drivers for the boric acid market. In the glass industry, boric acid is used as a fluxing agent to lower the melting point of materials, improve workability, and enhance transparency and strength. It is also crucial in producing borosilicate glass, known for its durability and thermal shock resistance, making it ideal for various applications. In the textile industry, boric acid serves as a flame retardant and insecticide in textile treatment, and it reinforces materials like fiberglass, improving strength and durability. With both industries experiencing growth owing to factors like urbanization and changing consumer preferences, the demand for boric acid is expected to rise, especially in applications within these sectors. Health and Environmental concerns One of the key restraints of the boric acid market is the potential health and environmental concerns associated with its use. Boric acid is toxic if ingested or inhaled in large amounts, and prolonged exposure can lead to health issues such as respiratory problems, skin irritation, and reproductive issues. As a result, there are strict regulations governing the use of boric acid in various industries, particularly in consumer products such as pesticides, cosmetics, and food additives. Additionally, there is growing awareness and concern about the environmental impact of boric acid, particularly its potential to accumulate in soil and water sources. This has led to calls for stricter regulations and environmentally friendly alternatives, which could impact the demand for boric acid in the future.Based on End Use, the Glass segment holds the largest market in the Global Boric Acid Market in 2023. The global boric acid market segment analysis indicates a growing trend in the glass segment. Boric acid is a vital component in the production of borosilicate glass, renowned for its high thermal resistance and low coefficient of expansion, making it ideal for laboratory and kitchenware, and various industrial applications. Industry statistics and reports suggest a rising demand for borosilicate glass, driven by its use in pharmaceuticals, chemicals, and high-quality glassware. The increasing popularity of borosilicate glass products such as Pyrex and Duran further fuel the demand for boric acid. This trend underscores a lucrative opportunity for boric acid manufacturers, with the glass segment showing substantial growth potential.
Global Boric Acid Market Segment Analysis
• Glass segment is estimated to hold the largest market share of the Global Glass Packaging Market in 2021. This is because most alcoholic and non-alcoholic beverages are packed in the 501-1000ml capacity bottles.
Global Boric Acid Market Regional Insights
Asia pacific generates the largest share in 2023, Owing to the region's increasing industrialization, the expansion of the construction and building industries in developing nations like China and India, and the rising rate of boric acid acceptance in these markets, Asia-Pacific is predicted to lead the world market for boric acid. Asia Pacific leads the world market for boric acid owing to its robust presence in the electronics and automotive sectors, as well as its aggressive adoption of cutting-edge technology and environmentally friendly practices. The area is expected to keep its position thanks to its growing industrial base and rising demand in all industries. North America is the second-largest region in the boric acid market, behind Asia Pacific. Demand has been driven by its well-established industrial foundation, cutting-edge technology, and emphasis on sustainability in industries including glass production, medicine, and agriculture. Tight laws guarantee excellent standards, and an emphasis on environmentally friendly methods stimulates market expansion. The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.Global Boric Acid Market Competitive Landscapes
The boric acid market exhibits high market concentration, with a few key players dominating the majority of market share because of their strong brand presence and extensive distribution networks. Companies are focusing on product innovation, expanding their product portfolios, and strategic collaborations to gain a competitive edge. Some key players in the market include Rio Tinto Group, Borax, Eti Maden, Quiborax, and Minera Santa Rita. The industry is clearly concentrated, of dominant companies controlling a sizable portion of the market thanks to things like robust distribution networks and economies of scale. Nevertheless, the market is dynamic since new players are always pushing innovation and upending the established status.• Around 530,000 tons of boric acid, or almost one-third of the global supply, were generated in 2022 by the company's California mine (Rio Tinto Group) • The technology division of M*Modal was to be acquired by 3M Company in 2021. The purpose of this purchase is to strengthen 3M's position in the healthcare sector and grow its Health Information Systems division.
Boric Acid Market Scope: Inquire before buying
Global Boric Acid Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 890 Mn. Forecast Period 2024 to 2030 CAGR: 5.8% Market Size in 2030: US $ 1320.66 Mn. Segments Covered: 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 Boric Acid Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Boric Acid Market Key Players
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) FAQs: 1. What are the growth drivers for the Global Market? Ans. The industry's increasing utilization is fueling the market's advancement of the Global Boric Acid Market. 2. What are the major restraints for the Global Boric Acid Market growth? Ans. Regulatory challenges and contraints are the major challenges for the Global Boric Acid Market. 3. Which region is expected to lead the Global Boric Acid Market during the forecast period? Ans. Asia Pacific is expected to lead the Global Boric Acid Market during the forecast period. 4. What is the projected market size & and growth rate of the Global Boric Acid Market? Ans. The Global Boric Acid Market size was valued at USD 890 million in 2023 and the total Boric Acid Market size is expected to grow at a CAGR of 5.8% from 2024 to 2030, reaching nearly USD 1320.66 Million by 2030.
1. Boric Acid Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Boric Acid Market: Dynamics 2.1. Boric Acid Market Trends by Region 2.1.1. North America Boric Acid Market Trends 2.1.2. Europe Boric Acid Market Trends 2.1.3. Asia Pacific Boric Acid Market Trends 2.1.4. Middle East and Africa Boric Acid Market Trends 2.1.5. South America Boric Acid Market Trends 2.2. Boric Acid Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Boric Acid Market Drivers 2.2.1.2. North America Boric Acid Market Restraints 2.2.1.3. North America Boric Acid Market Opportunities 2.2.1.4. North America Boric Acid Market Challenges 2.2.2. Europe 2.2.2.1. Europe Boric Acid Market Drivers 2.2.2.2. Europe Boric Acid Market Restraints 2.2.2.3. Europe Boric Acid Market Opportunities 2.2.2.4. Europe Boric Acid Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Boric Acid Market Drivers 2.2.3.2. Asia Pacific Boric Acid Market Restraints 2.2.3.3. Asia Pacific Boric Acid Market Opportunities 2.2.3.4. Asia Pacific Boric Acid Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Boric Acid Market Drivers 2.2.4.2. Middle East and Africa Boric Acid Market Restraints 2.2.4.3. Middle East and Africa Boric Acid Market Opportunities 2.2.4.4. Middle East and Africa Boric Acid Market Challenges 2.2.5. South America 2.2.5.1. South America Boric Acid Market Drivers 2.2.5.2. South America Boric Acid Market Restraints 2.2.5.3. South America Boric Acid Market Opportunities 2.2.5.4. South America Boric Acid Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Boric Acid Industry 2.8. Analysis of Government Schemes and Initiatives For Boric Acid Industry 2.9. Boric Acid Market Trade Analysis 2.10. The Global Pandemic Impact on Boric Acid Market 3. Boric Acid Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Boric Acid Market Size and Forecast, by Grade (2023-2030) 3.1.1. Industrial 3.1.2. Pharmaceutical 3.2. Boric Acid Market Size and Forecast, by Application (2023-2030) 3.2.1. Industrial 3.2.2. Household 3.3. Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 3.3.1. Wholesale 3.3.2. E-Commerce 3.3.3. Retail Shop 3.3.4. Hypermarket/Supermarket 3.3.5. Independent Shop 3.3.6. Convenient Shop 3.4. Boric Acid Market Size and Forecast, by End Use (2023-2030) 3.4.1. Glass 3.4.2. Ceramic 3.4.3. Agriculture 3.4.4. Medical 3.4.5. Cosmetics 3.4.6. Wood Preservation 3.4.7. Flame Retardants 3.4.8. Other 3.5. Boric Acid Market Size and Forecast, by Region (2023-2030) 3.5.1. North America 3.5.2. Europe 3.5.3. Asia Pacific 3.5.4. Middle East and Africa 3.5.5. South America 4. North America Boric Acid Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Boric Acid Market Size and Forecast, by Grade (2023-2030) 4.1.1. Industrial 4.1.2. Pharmaceutical 4.2. North America Boric Acid Market Size and Forecast, by Application (2023-2030) 4.2.1. Industrial 4.2.2. Household 4.3. North America Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 4.3.1. Wholesale 4.3.2. E-Commerce 4.3.3. Retail Shop 4.3.4. Hypermarket/Supermarket 4.3.5. Independent Shop 4.3.6. Convenient Shop 4.4. North America Boric Acid Market Size and Forecast, by End Use (2023-2030) 4.4.1. Glass 4.4.2. Ceramic 4.4.3. Agriculture 4.4.4. Medical 4.4.5. Cosmetics 4.4.6. Wood Preservation 4.4.7. Flame Retardants 4.4.8. Other 4.5. North America Boric Acid Market Size and Forecast, by Country (2023-2030) 4.5.1. United States 4.5.1.1. United States Boric Acid Market Size and Forecast, by Grade (2023-2030) 4.5.1.1.1. Industrial 4.5.1.1.2. Pharmaceutical 4.5.1.2. United States Boric Acid Market Size and Forecast, by Application (2023-2030) 4.5.1.2.1. Industrial 4.5.1.2.2. Household 4.5.1.3. United States Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 4.5.1.3.1. Wholesale 4.5.1.3.2. E-Commerce 4.5.1.3.3. Retail Shop 4.5.1.3.4. Hypermarket/Supermarket 4.5.1.3.5. Independent Shop 4.5.1.3.6. Convenient Shop 4.5.1.4. United States Boric Acid Market Size and Forecast, by End Use (2023-2030) 4.5.1.4.1. Glass 4.5.1.4.2. Ceramic 4.5.1.4.3. Agriculture 4.5.1.4.4. Medical 4.5.1.4.5. Cosmetics 4.5.1.4.6. Wood Preservation 4.5.1.4.7. Flame Retardants 4.5.1.4.8. Other 4.5.2. Canada 4.5.2.1. Canada Boric Acid Market Size and Forecast, by Grade (2023-2030) 4.5.2.1.1. Industrial 4.5.2.1.2. Pharmaceutical 4.5.2.2. Canada Boric Acid Market Size and Forecast, by Application (2023-2030) 4.5.2.2.1. Industrial 4.5.2.2.2. Household 4.5.2.3. Canada Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 4.5.2.3.1. Wholesale 4.5.2.3.2. E-Commerce 4.5.2.3.3. Retail Shop 4.5.2.3.4. Hypermarket/Supermarket 4.5.2.3.5. Independent Shop 4.5.2.3.6. Convenient Shop 4.5.2.4. Canada Boric Acid Market Size and Forecast, by End Use (2023-2030) 4.5.2.4.1. Glass 4.5.2.4.2. Ceramic 4.5.2.4.3. Agriculture 4.5.2.4.4. Medical 4.5.2.4.5. Cosmetics 4.5.2.4.6. Wood Preservation 4.5.2.4.7. Flame Retardants 4.5.2.4.8. Other 4.5.3. Mexico 4.5.3.1. Mexico Boric Acid Market Size and Forecast, by Grade (2023-2030) 4.5.3.1.1. Industrial 4.5.3.1.2. Pharmaceutical 4.5.3.2. Mexico Boric Acid Market Size and Forecast, by Application (2023-2030) 4.5.3.2.1. Industrial 4.5.3.2.2. Household 4.5.3.3. Mexico Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 4.5.3.3.1. Wholesale 4.5.3.3.2. E-Commerce 4.5.3.3.3. Retail Shop 4.5.3.3.4. Hypermarket/Supermarket 4.5.3.3.5. Independent Shop 4.5.3.3.6. Convenient Shop 4.5.3.4. Mexico Boric Acid Market Size and Forecast, by End Use (2023-2030) 4.5.3.4.1. Glass 4.5.3.4.2. Ceramic 4.5.3.4.3. Agriculture 4.5.3.4.4. Medical 4.5.3.4.5. Cosmetics 4.5.3.4.6. Wood Preservation 4.5.3.4.7. Flame Retardants 4.5.3.4.8. Other 5. Europe Boric Acid Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.2. Europe Boric Acid Market Size and Forecast, by Application (2023-2030) 5.3. Europe Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.4. Europe Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5. Europe Boric Acid Market Size and Forecast, by Country (2023-2030) 5.5.1. United Kingdom 5.5.1.1. United Kingdom Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.1.2. United Kingdom Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.1.3. United Kingdom Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.1.4. United Kingdom Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.2. France 5.5.2.1. France Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.2.2. France Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.2.3. France Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.2.4. France Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.3. Germany 5.5.3.1. Germany Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.3.2. Germany Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.3.3. Germany Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.3.4. Germany Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.4. Italy 5.5.4.1. Italy Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.4.2. Italy Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.4.3. Italy Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.4.4. Italy Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.5. Spain 5.5.5.1. Spain Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.5.2. Spain Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.5.3. Spain Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.5.4. Spain Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.6. Sweden 5.5.6.1. Sweden Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.6.2. Sweden Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.6.3. Sweden Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.6.4. Sweden Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.7. Austria 5.5.7.1. Austria Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.7.2. Austria Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.7.3. Austria Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.7.4. Austria Boric Acid Market Size and Forecast, by End Use (2023-2030) 5.5.8. Rest of Europe 5.5.8.1. Rest of Europe Boric Acid Market Size and Forecast, by Grade (2023-2030) 5.5.8.2. Rest of Europe Boric Acid Market Size and Forecast, by Application (2023-2030) 5.5.8.3. Rest of Europe Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 5.5.8.4. Rest of Europe Boric Acid Market Size and Forecast, by End Use (2023-2030) 6. Asia Pacific Boric Acid Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.2. Asia Pacific Boric Acid Market Size and Forecast, by Application (2023-2030) 6.3. Asia Pacific Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.4. Asia Pacific Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5. Asia Pacific Boric Acid Market Size and Forecast, by Country (2023-2030) 6.5.1. China 6.5.1.1. China Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.1.2. China Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.1.3. China Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.1.4. China Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.2. S Korea 6.5.2.1. S Korea Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.2.2. S Korea Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.2.3. S Korea Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.2.4. S Korea Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.3. Japan 6.5.3.1. Japan Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.3.2. Japan Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.3.3. Japan Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.3.4. Japan Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.4. India 6.5.4.1. India Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.4.2. India Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.4.3. India Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.4.4. India Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.5. Australia 6.5.5.1. Australia Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.5.2. Australia Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.5.3. Australia Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.5.4. Australia Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.6. Indonesia 6.5.6.1. Indonesia Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.6.2. Indonesia Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.6.3. Indonesia Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.6.4. Indonesia Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.7. Malaysia 6.5.7.1. Malaysia Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.7.2. Malaysia Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.7.3. Malaysia Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.7.4. Malaysia Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.8. Vietnam 6.5.8.1. Vietnam Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.8.2. Vietnam Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.8.3. Vietnam Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.8.4. Vietnam Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.9. Taiwan 6.5.9.1. Taiwan Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.9.2. Taiwan Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.9.3. Taiwan Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.9.4. Taiwan Boric Acid Market Size and Forecast, by End Use (2023-2030) 6.5.10. Rest of Asia Pacific 6.5.10.1. Rest of Asia Pacific Boric Acid Market Size and Forecast, by Grade (2023-2030) 6.5.10.2. Rest of Asia Pacific Boric Acid Market Size and Forecast, by Application (2023-2030) 6.5.10.3. Rest of Asia Pacific Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 6.5.10.4. Rest of Asia Pacific Boric Acid Market Size and Forecast, by End Use (2023-2030) 7. Middle East and Africa Boric Acid Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Boric Acid Market Size and Forecast, by Grade (2023-2030) 7.2. Middle East and Africa Boric Acid Market Size and Forecast, by Application (2023-2030) 7.3. Middle East and Africa Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 7.4. Middle East and Africa Boric Acid Market Size and Forecast, by End Use (2023-2030) 7.5. Middle East and Africa Boric Acid Market Size and Forecast, by Country (2023-2030) 7.5.1. South Africa 7.5.1.1. South Africa Boric Acid Market Size and Forecast, by Grade (2023-2030) 7.5.1.2. South Africa Boric Acid Market Size and Forecast, by Application (2023-2030) 7.5.1.3. South Africa Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 7.5.1.4. South Africa Boric Acid Market Size and Forecast, by End Use (2023-2030) 7.5.2. GCC 7.5.2.1. GCC Boric Acid Market Size and Forecast, by Grade (2023-2030) 7.5.2.2. GCC Boric Acid Market Size and Forecast, by Application (2023-2030) 7.5.2.3. GCC Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 7.5.2.4. GCC Boric Acid Market Size and Forecast, by End Use (2023-2030) 7.5.3. Nigeria 7.5.3.1. Nigeria Boric Acid Market Size and Forecast, by Grade (2023-2030) 7.5.3.2. Nigeria Boric Acid Market Size and Forecast, by Application (2023-2030) 7.5.3.3. Nigeria Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 7.5.3.4. Nigeria Boric Acid Market Size and Forecast, by End Use (2023-2030) 7.5.4. Rest of ME&A 7.5.4.1. Rest of ME&A Boric Acid Market Size and Forecast, by Grade (2023-2030) 7.5.4.2. Rest of ME&A Boric Acid Market Size and Forecast, by Application (2023-2030) 7.5.4.3. Rest of ME&A Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 7.5.4.4. Rest of ME&A Boric Acid Market Size and Forecast, by End Use (2023-2030) 8. South America Boric Acid Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Boric Acid Market Size and Forecast, by Grade (2023-2030) 8.2. South America Boric Acid Market Size and Forecast, by Application (2023-2030) 8.3. South America Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 8.4. South America Boric Acid Market Size and Forecast, by End Use (2023-2030) 8.5. South America Boric Acid Market Size and Forecast, by Country (2023-2030) 8.5.1. Brazil 8.5.1.1. Brazil Boric Acid Market Size and Forecast, by Grade (2023-2030) 8.5.1.2. Brazil Boric Acid Market Size and Forecast, by Application (2023-2030) 8.5.1.3. Brazil Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 8.5.1.4. Brazil Boric Acid Market Size and Forecast, by End Use (2023-2030) 8.5.2. Argentina 8.5.2.1. Argentina Boric Acid Market Size and Forecast, by Grade (2023-2030) 8.5.2.2. Argentina Boric Acid Market Size and Forecast, by Application (2023-2030) 8.5.2.3. Argentina Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 8.5.2.4. Argentina Boric Acid Market Size and Forecast, by End Use (2023-2030) 8.5.3. Rest Of South America 8.5.3.1. Rest Of South America Boric Acid Market Size and Forecast, by Grade (2023-2030) 8.5.3.2. Rest Of South America Boric Acid Market Size and Forecast, by Application (2023-2030) 8.5.3.3. Rest Of South America Boric Acid Market Size and Forecast, by Distribution Channel (2023-2030) 8.5.3.4. Rest Of South America Boric Acid Market Size and Forecast, by End Use (2023-2030) 9. Global Boric Acid Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Boric Acid Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Borax (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. 3M 10.3. Searles Valley Minerals 10.4. Tomiyama Pure Chemical Industries (Japan) 10.5. Eti Maden (Turkey) 10.6. Gujarat Boron Derivatives (India) 10.7. Societa Chimica Larderello (SCL) (Italy) 10.8. BASF (Germany) 10.9. Russian Bor (Russia) 10.10. Sociedad Industrial Tierra (Chile) 10.11. Minera Santa Rita (MSR) (Peru) 10.12. Quiborax (Bolivia) 11. Key Findings 12. Industry Recommendations 13. Boric Acid Market: Research Methodology 14. Terms and Glossary