Global Analysis of Dedicated Boric Acid Market Size, Growth and Forecast
Report ID : 1309231 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Dedicated Boric Acid Market is categorized based on Application (Glass Manufacturing, Agriculture, Chemical Manufacturing, Pharmaceuticals, Others) and End Use (Industrial, Consumer, Agricultural) and Product Type (Granular Boric Acid, Powder Boric Acid, Liquid Boric Acid) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of USD 440 million in 2023, the Dedicated Boric Acid Market is expected to reach USD 650 million by 2033, growing at a CAGR of 4.0% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
The boric acid market has evolved into a focus area for the chemical industry, integrating many sectors with its growing applications and demand. Boric acid serves many functions because of its complex structure; it is applicable in agriculture, health care, glass production, pest control, and many other fields. Its role as a natural pesticide, along with its use in the manufacture of fiberglass, marks it as an important material in both developing and developed economies.
Because of more focus on sustainable and green solutions, boric acid market is also growing. There is a ceaseless quest for creative approaches which not only fulfill functioning requirements but also meet environmental criteria. This change helps increase market growth as more companies understand the competitive advantage of using boric acid. The market within chemicals focused on barriers for entry and existing technologies to implement renewables is set to grow in reaction to changes in policies supporting renewables and shifts in business practices to more responsible stewardship.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Borax (Rio Tinto), Eti Maden, Searles Valley Minerals, American Borate Company, Gremount International Co. Ltd., Minsil Kimya Sanayi ve Ticaret A.S., Sociedad de Estructuras y Quimicas S.A., Ferro Corporation, U.S. Borax Inc., ArcelorMittal, Orocobre Limited |
| SEGMENTS COVERED |
By Application - Glass Manufacturing, Agriculture, Chemical Manufacturing, Pharmaceuticals, Others
By End Use - Industrial, Consumer, Agricultural
By Product Type - Granular Boric Acid, Powder Boric Acid, Liquid Boric Acid
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Dedicated Boric Acid Market Dynamics
The Dedicated Boric Acid Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Dedicated Boric Acid Market Segmentations
Market Breakup by Application
- Overview
- Glass Manufacturing
- Agriculture
- Chemical Manufacturing
- Pharmaceuticals
- Others
Market Breakup by End Use
- Overview
- Industrial
- Consumer
- Agricultural
Market Breakup by Product Type
- Overview
- Granular Boric Acid
- Powder Boric Acid
- Liquid Boric Acid
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Dedicated Boric Acid Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Borax (Rio Tinto)
- Eti Maden
- Searles Valley Minerals
- American Borate Company
- Gremount International Co. Ltd.
- Minsil Kimya Sanayi ve Ticaret A.S.
- Sociedad de Estructuras y Quimicas S.A.
- Ferro Corporation
- U.S. Borax Inc.
- ArcelorMittal
- Orocobre Limited
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● Detailed profiling of additional market players (up to three players)
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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