Boric Acid Market by Application, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Nov 2022 Pages: 160 SKU: IRTNTR44247

Boric Acid Market Forecast 2023-2027

The boric acid market is estimated to grow by USD 242.34 million at a CAGR of 5.78% between 2022 and 2027. Our report includes historic market data from 2017 to 2021. The increase in demand from developing countries is fueled by rapid urbanization and industrialization, leading to higher consumption of products and services across sectors. The growing demand for energy-efficient buildings is driven by regulatory requirements, cost savings, and environmental concerns, leading to increased adoption of energy-efficient technologies and materials. The increase in demand from the glass industry is driven by various factors, including the construction sector's growth, automotive industry requirements, and innovations in glass technology.

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Market Segmentation

This report extensively covers market segmentation by application (glass and ceramics, agriculture, detergents, and others), end-user (industrial and household), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.

By Application 

The market share growth by the glass and ceramics segment will be significant during the forecast period. The glass and ceramics segment was valued at USD 409.92 million in 2017 and continue to grow until 2027Boron, in the form of boric acid, offers better flux and chemical resistance to glass. The growing use of boric acid in borosilicate glass, textile fiberglass, and insulation fiberglass (IFG) is expected to drive the growth of the market.

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In reinforcement fiberglass (RFG) and IFG, the use of boric acid improves the fiberizing efficiency and fluxing capabilities of the batch. The increase in the demand for energy-efficient buildings is expected to drive the demand for boric acid during the forecast period. Boric acid is also used in the production of tableware, tiles, and sanitary ware. The increase in the demand for boric acid in tile glazes like floor, wall, and clay roof tiles is expected to boost the growth of the market during the forecast period.

By Region 

APAC is projected to contribute 52% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The growing demand for boric acid from the glass and ceramics, agriculture, cosmetics, and personal care industries is expected to drive the regional market's growth. Boric acid controls the pH and hence is used in the formulation of a broad range of cosmetics and personal care products like lotions, creams, and hair and skincare products. Additionally, the increase in the number of infrastructural projects and construction activities in countries like India, China, Japan, Singapore, Thailand, Indonesia, and the Philippines is expected to drive the demand for boric acid, mostly owing to its application for producing glass and ceramics.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Market Dynamics and Customer Landscape

The market is experiencing growth driven by its versatile applications. In the construction segment, it is used in insulating materials due to its chemical properties that inhibit molds, fungi, and insects. In the pharmaceutical and healthcare segment, it serves as an antiseptic agent. Major players like Inkabor, Avantor Performance Materials, and Societa Chimica Larderello (SCL) are prominent in the market, sourcing boric acid from Russian Bor and Searles Valley Reserves. Its uses span medical, ceramic, and laboratory applications, available in liquid and powder forms. However, challenges such as pesticides and industrialization impacting algae and spiders need consideration.  Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The increase in demand from developing countries is notably driving market growth. Market growth is significantly propelled by the surge in demand from developing nations, notably witnessed in countries such as China, India, Brazil, Mexico, the Philippines, and Indonesia. Over the next five years, the demand for boric acid is anticipated to escalate in these regions. To capitalize on this trend, numerous boric acid manufacturers are relocating their production facilities to these areas, leveraging advantages like reduced transportation expenses, ample land availability, cost-effective labor, convenient access to raw materials, and lenient government regulations. These favorable conditions are poised to fuel the demand for boric acid in both the construction and pharmaceutical sectors throughout the forecast period.

Significant Market Trend

The development of boron-based nano-lubrication additives is the primary trend in the market. Lubricants reduce the wear and tear of machines and help increase performance. The global lubricant industry needs high-performing and low-cost additives to meet environmental safety and performance specifications. Borax, boric acid, and other boron compounds are used for the production of boron-based nano-lubrication additives. The boron-based nano-lubrication additives help in the reduction of energy consumption, fuel use, and carbon dioxide emissions. Furthermore, the raw materials used for boron-based nano-lubrication additives are nontoxic, naturally occurring, inexpensive, and abundant. In addition, the growing innovation and product development for the commercialization of boron-based nano-lubrication additives will foster the growth of the market.

Major Market Challenge

Stringent regulations and policies is the major challenge impeding market growth. The vigilant regulations from regulatory agencies like the Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) on the use of boric acid for various industrial applications, like agriculture, pharmaceutical, and cosmetics, will hinder the growth of the market.

Who are the Major Boric Acid Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

The Chemical Co. - The company offers boric acid in the form of granular, and powder. They offer an extensive range of chemicals such as acids, CASE (Coatings, Adhesives, Sealants, Elastomers), food additives, solvents, and oilfields among others.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Eti Maden isletmeleri Genel Mudurlugu
  • Gujarat Boron Derivatives Pvt. Ltd.
  • Hemadri Chemicals
  • Indo Borax and Chemicals Ltd.
  • Innova Corporate India
  • Minera Santa Rita Srl
  • Organic Industries Pvt. Ltd.
  • Orocobre Ltd.
  • Quiborax
  • Rio Tinto Ltd.
  • SCL Italia Spa
  • Sociedad Quimica y Minera de Chile SA
  • The Dharamsi Morarji Chemical Co. Ltd.
  • Tokyo Chemical Industry Co. Ltd.
  • Tomiyama Pure Chemical Industries Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Glass and ceramics
    • Agriculture
    • Detergents
    • Others
  • End-user Outlook 
    • Industrial
    • Household
  • Region Outlook 
    • APAC
      • China
      • India
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market caters to various commercial applications such as preservatives in packed food items and borate salt products in sewage systems. It is utilized in agriculture for both food crops and non-food crops, available in industrial and pharmaceutical grades. The market's growth is influenced by factors like per capita income and the Asia-Pacific region's economic dynamics. Its antimicrobial properties find use in ophthalmic and dermal products. Companies like U.S. Borax and Sociedad Industrial Tierra lead in production. The compound's cleaning properties make it valuable in the textile industry, fire stations, and consumer electronics. As an essential component in glazed ceramics and construction, its demand is also significant in energy-saving techniques and coal-fired power plants. Regulatory factors such as pesticide policies and import restrictions impact the market, particularly for small and medium-sized businesses.

The market serves various industries, providing industrial-grade boric acid for applications in ophthalmic products, agriculture, and fertility treatments. It plays a role in reducing CO2 emissions through its use in vacuum technology and is essential in agrarian economies for food products and beverages. In the oil and gas sector, it is utilized for its viscosity properties. Despite its carcinogenic potential, boric acid is widely used in the construction industry and laboratory settings. Its effectiveness against mites makes it valuable in various applications.

The global boric acid market serves various sectors, including residential and industrial applications. Industrial-grade boric acid finds extensive use among agriculturists, particularly in the formulation of borate and boron products. With Precedence Research indicating steady growth, the market caters to diverse industries, including food and beverages, owing to its multifaceted properties. In residential settings, boric acid is utilized in various applications, ranging from household cleaners to pest control products. However, it's crucial to note that excessive exposure to boric acid, classified as a carcinogenic substance in certain forms, necessitates careful handling and adherence to safety protocols.

In the industrial sphere, boric acid plays a pivotal role in meeting energy requirements and facilitating the production of borate products essential for numerous industrial processes. Its versatility extends to applications in sectors such as pharmaceuticals, ceramics, and metallurgy, underscoring its significance in global manufacturing. As awareness of sustainable practices grows, agriculturists increasingly rely on boric acid-based solutions to enhance crop yields and address soil deficiencies. The market's expansion is further propelled by ongoing research and development initiatives aimed at unlocking innovative uses and refining production techniques, ensuring the continued relevance of boric acid across diverse industries.

Boric Acid Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.78%

Market growth 2023-2027

USD 242.34 million

Market structure

Fragmented

YoY growth (%)

5.33

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 52%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., American Borate Co., Avantor Inc., Eti Maden isletmeleri Genel Mudurlugu, Gujarat Boron Derivatives Pvt. Ltd., Hemadri Chemicals, Indo Borax and Chemicals Ltd., Innova Corporate India, Minera Santa Rita Srl, Organic Industries Pvt. Ltd., Orocobre Ltd., Quiborax, Rio Tinto Ltd., SCL Italia Spa, Sociedad Quimica y Minera de Chile SA, The Chemical Co., The Dharamsi Morarji Chemical Co. Ltd., Tokyo Chemical Industry Co. Ltd., and Tomiyama Pure Chemical Industries Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global boric acid market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global boric acid market 2017 - 2021 ($ million)
    • 4.2 Geography Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Application Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Glass and ceramics - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Glass and ceramics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Glass and ceramics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Glass and ceramics - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Glass and ceramics - Year-over-year growth 2022-2027 (%)
    • 6.4 Agriculture - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Agriculture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Agriculture - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Agriculture - Year-over-year growth 2022-2027 (%)
    • 6.5 Detergents - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Detergents - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Detergents - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Detergents - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Detergents - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 51: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 52: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 53: Chart on Comparison by End-user
      • Exhibit 54: Data Table on Comparison by End-user
    • 7.3 Industrial - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 7.4 Household - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Household - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Household - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Household - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 63: Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 67: Chart on Geographic comparison
      • Exhibit 68: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 109: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 112: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 113: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 114: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 115: Matrix on vendor position and classification
            • 12.3 3M Co.
              • Exhibit 116: 3M Co. - Overview
              • Exhibit 117: 3M Co. - Business segments
              • Exhibit 118: 3M Co. - Key news
              • Exhibit 119: 3M Co. - Key offerings
              • Exhibit 120: 3M Co. - Segment focus
            • 12.4 American Borate Co.
              • Exhibit 121: American Borate Co. - Overview
              • Exhibit 122: American Borate Co. - Product / Service
              • Exhibit 123: American Borate Co. - Key offerings
            • 12.5 Avantor Inc.
              • Exhibit 124: Avantor Inc. - Overview
              • Exhibit 125: Avantor Inc. - Business segments
              • Exhibit 126: Avantor Inc. - Key offerings
              • Exhibit 127: Avantor Inc. - Segment focus
            • 12.6 Eti Maden isletmeleri Genel Mudurlugu
              • Exhibit 128: Eti Maden isletmeleri Genel Mudurlugu - Overview
              • Exhibit 129: Eti Maden isletmeleri Genel Mudurlugu - Product / Service
              • Exhibit 130: Eti Maden isletmeleri Genel Mudurlugu - Key offerings
            • 12.7 Gujarat Boron Derivatives Pvt. Ltd.
              • Exhibit 131: Gujarat Boron Derivatives Pvt. Ltd. - Overview
              • Exhibit 132: Gujarat Boron Derivatives Pvt. Ltd. - Product / Service
              • Exhibit 133: Gujarat Boron Derivatives Pvt. Ltd. - Key offerings
            • 12.8 Hemadri Chemicals
              • Exhibit 134: Hemadri Chemicals - Overview
              • Exhibit 135: Hemadri Chemicals - Product / Service
              • Exhibit 136: Hemadri Chemicals - Key offerings
            • 12.9 Indo Borax and Chemicals Ltd.
              • Exhibit 137: Indo Borax and Chemicals Ltd. - Overview
              • Exhibit 138: Indo Borax and Chemicals Ltd. - Product / Service
              • Exhibit 139: Indo Borax and Chemicals Ltd. - Key offerings
            • 12.10 Innova Corporate India
              • Exhibit 140: Innova Corporate India - Overview
              • Exhibit 141: Innova Corporate India - Product / Service
              • Exhibit 142: Innova Corporate India - Key offerings
            • 12.11 Minera Santa Rita Srl
              • Exhibit 143: Minera Santa Rita Srl - Overview
              • Exhibit 144: Minera Santa Rita Srl - Product / Service
              • Exhibit 145: Minera Santa Rita Srl - Key offerings
            • 12.12 Organic Industries Pvt. Ltd.
              • Exhibit 146: Organic Industries Pvt. Ltd. - Overview
              • Exhibit 147: Organic Industries Pvt. Ltd. - Product / Service
              • Exhibit 148: Organic Industries Pvt. Ltd. - Key offerings
            • 12.13 Orocobre Ltd.
              • Exhibit 149: Orocobre Ltd. - Overview
              • Exhibit 150: Orocobre Ltd. - Business segments
              • Exhibit 151: Orocobre Ltd. - Key offerings
              • Exhibit 152: Orocobre Ltd. - Segment focus
            • 12.14 Rio Tinto Ltd.
              • Exhibit 153: Rio Tinto Ltd. - Overview
              • Exhibit 154: Rio Tinto Ltd. - Business segments
              • Exhibit 155: Rio Tinto Ltd. - Key news
              • Exhibit 156: Rio Tinto Ltd. - Key offerings
              • Exhibit 157: Rio Tinto Ltd. - Segment focus
            • 12.15 SCL Italia Spa
              • Exhibit 158: SCL Italia Spa - Overview
              • Exhibit 159: SCL Italia Spa - Product / Service
              • Exhibit 160: SCL Italia Spa - Key offerings
            • 12.16 Sociedad Quimica y Minera de Chile SA
              • Exhibit 161: Sociedad Quimica y Minera de Chile SA - Overview
              • Exhibit 162: Sociedad Quimica y Minera de Chile SA - Business segments
              • Exhibit 163: Sociedad Quimica y Minera de Chile SA - Key offerings
              • Exhibit 164: Sociedad Quimica y Minera de Chile SA - Segment focus
            • 12.17 The Chemical Co.
              • Exhibit 165: The Chemical Co. - Overview
              • Exhibit 166: The Chemical Co. - Product / Service
              • Exhibit 167: The Chemical Co. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 168: Inclusions checklist
                • Exhibit 169: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 170: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 171: Research methodology
                • Exhibit 172: Validation techniques employed for market sizing
                • Exhibit 173: Information sources
              • 13.5 List of abbreviations
                • Exhibit 174: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              boric acid market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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