Description
Boric Acid Market Analysis
Market Overview
The worldwide boric acid market is projected to register a healthy market expansion during the review period. The worldwide boric acid market is conspicuously impacted by the worldwide interest in protection materials drives the boric acid market with an expansion sought after for private and business applications. The boric acid market has likewise extended because of the ascent in building and development welcomed on by macroeconomic factors like an expansion in per capita payments. Also, the market development has been fundamentally helped by the rising interest in boric acid in fiberglass protection, and this trend is expected to rearward in the impending years.
The manufacturers can’t run down their products to the application businesses because of a decrease in strategies. The makers are giving products to neighborhoods. No sweat of lockdowns across numerous regions, organizations are growing safer and clean ways of conveying products. The deals and distribution channel involves merchants, retailers, wholesalers, and online business vendors who have consented to long-haul arrangements with the producer to guarantee the eventual outcome’s accessibility at various areas as and when required.
Developing framework attributable to an expansion popular for boric acid: The interest for boric acid in energy-saving applications, for example, protection for business and private structures are rising. Declining unemployment and stable pay levels are helping development action. This component, alongside expanding customer spending, helps the interest for boric acid, impelling the market development during the conjecture time frame.
Market Segmentation
Based on Application the global boric acid market is bifurcated into Industrial and Household. The End-Use segment is made up of Ceramics, Tiles, Fiberglass, Flame Retardants, Agriculture, Wood Preservation, Pharmaceuticals, Cosmetics, and Others.
Regional Analysis
This can be credited to the expanded interest in the product in the drug area, particularly in arising economies like China, India, Japan, Indonesia, and South Korea. Likewise, the advancement of the cutting-edge region and the necessity for growing the viability of machines are presumably going to fuel the improvement of the boric corrosive market during the assessed time. North America and Europe are the other critical business sectors for boric corrosive. North America being the second-biggest region in boric acid market, the interest in boric acid is supposed to increment before long. North America accounted third biggest portion of the worldwide boric acid market in 2021. The significant nations in Europe adding to the market development are Germany, the UK, France, and Italy. In conclusion, the markets in the Center East and Africa, and Latin America are assessed to observe huge development during the gauge time frame attributable to mechanical advancements and the rising interest in cars in these regions.
Major Players
The key competitors operating in the global boric acid market are 3 M, Avantor Inc, BASF SE, U. S. Borax, and Eti Maden.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1 MARKET ATTRACTIVENESS ANALYSIS 17
1.1.1 BORIC ACID MARKET, BY APPLICATION 18
1.1.2 BORIC ACID MARKET, BY END USE 19
1.1.3 BORIC ACID MARKET, BY REGION 20
2 MARKET INTRODUCTION 21
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 MARKET STRUCTURE 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27
4 MARKET DYNAMICS 28
4.1 INTRODUCTION 28
4.2 DRIVERS 29
4.2.1 GROWING INFRASTRUCTURE OWING TO AN INCREASE IN DEMAND FOR BORIC ACID 29
4.2.2 GROWING AGROCHEMICALS INDUSTRY BOOSTING THE SALES OF PESTICIDES, FUNGICIDES 30
4.2.3 RISING DEMAND FROM THE COSMETICS INDUSTRY 31
4.3 RESTRAINTS 32
4.3.1 POTENTIAL HEALTH ISSUES 32
4.4 OPPORTUNITIES 33
4.4.1 RISING DEMAND FROM THE FIBERGLASS INDUSTRY 33
4.5 CHALLENGES 35
4.5.1 RESTRICTION ON THE USAGE OF BORIC ACID DUE TO TOXICITY CONCERN 35
4.5.2 UNIVERSAL DIRECTIVES ABOUT APPLICATIONS OF BORIC ACID 35
5 MARKET FACTOR ANALYSIS 36
5.1 SUPPLY CHAIN ANALYSIS 36
5.1.1 RAW MATERIAL AND SUPPLIERS 37
5.1.1.1 RAW MATERIALS 37
5.1.1.2 RAW MATERIALS SUPPLIERS 37
5.1.2 BORIC ACID MANUFACTURERS 38
5.1.3 DISTRIBUTION & SALES CHANNEL 39
5.1.4 END-USE 39
5.2 PORTER’S FIVE FORCES ANALYSIS 41
5.2.1 THREAT OF NEW ENTRANTS 41
5.2.2 BARGAINING POWER OF SUPPLIERS 42
5.2.3 THREAT OF SUBSTITUTES 42
5.2.4 BARGAINING POWER OF BUYERS 42
5.2.5 INTENSITY OF RIVALRY 42
5.3 PRICING OVERVIEW, BY REGION, 2019–2030 (USD/TON) 43
5.3.1 PRICING OVERVIEW, BY REGION 43
5.3.2 PRICING DRIVERS 43
5.4 SUPPLY DEMNAD ANALYSIS, 2019-2021 44
5.4.1 SUPPLY ESTIMATES, BY REGION (KILO TONS) 44
5.4.2 DEMAND ANALYSIS, BY REGION (KILO TONS) 44
5.5 BIS NOTIFICATION – BORIC ACID, 2019 44
5.6 BORIC ACID PRODUCTION ANALYSIS, BY REGION (KILO TONS) 45
5.7 IMPACT OF COVID 19 OUTBREAK ON BORIC ACID MARKET 46
5.7.1 IMPACT ON PRODUCTION SCENARIO 46
5.7.2 IMPACT OF COVID-19 ON SUPPLY CHAIN 46
6 GLOBAL BORIC ACID MARKET, BY TYPE 47
6.1 OVERVIEW 47
6.1.1 BORIC ACID: MARKET ESTIMATES & FORECAST BY TYPE, 2019–2030 48
6.1.2 BORIC ACID: MARKET ESTIMATES & FORECAST BY TYPE, 2019–2030 49
6.2 INDUSTRIAL 49
6.2.1 INDUSTRIAL: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 49
6.2.2 INDUSTRIAL: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 50
6.3 HOUSEHOLD 50
6.3.1 HOUSEHOLD: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 50
6.3.2 HOUSEHOLD: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 51
7 GLOBAL BORIC ACID MARKET, BY END-USE 52
7.1 OVERVIEW 52
7.1.1 BORIC ACID: MARKET ESTIMATES & FORECAST BY END-USE, 2019–2030 53
7.1.2 BORIC ACID: MARKET ESTIMATES & FORECAST BY END-USE, 2019–2030 55
7.2 TILES 56
7.2.1 TILES: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 56
7.3 CERAMICS 57
7.3.1 CERAMICS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 57
7.4 FIBERGLASS 58
7.4.1 FIBERGLASS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 58
7.5 FLAME RETARDANTS 59
7.5.1 FLAME RETARDANTS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION, 2019–2030 59
7.6 AGRICULTURE 60
7.6.1 AGRICULTURE: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 60
7.7 WOOD PRESERVATION 61
7.7.1 WOOD PRESERVATION: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION, 2019–2030 61
7.8 PHARMACEUTICALS 62
7.8.1 PHARMACEUTICALS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 62
7.9 COSMETICS 64
7.9.1 COSMETICS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 64
7.10 OTHERS 65
7.10.1 OTHERS: BORIC ACID MARKET ESTIMATES & FORECAST BY REGION,2019–2030 65
8 GLOBAL BORIC ACID MARKET, BY REGION 66
8.1 OVERVIEW 66
8.2 NORTH AMERICA 68
8.2.1 US 70
8.2.2 CANADA 72
8.3 EUROPE 75
8.3.1 GERMANY 78
8.3.2 UK 80
8.3.3 ITALY 82
8.3.4 FRANCE 84
8.3.5 SPAIN 86
8.3.6 REST OF EUROPE 88
8.4 ASIA PACIFIC 90
8.4.1 CHINA 93
8.4.2 JAPAN 95
8.4.3 INDIA 97
8.4.4 SOUTH KOREA 99
8.4.5 REST OF ASIA-PACIFIC 101
8.5 LATIN AMERICA 103
8.5.1 BRAZIL 106
8.5.2 MEXICO 108
8.5.3 ARGENTINA 110
8.5.4 REST OF LATIN AMERICA 112
8.6 MIDDLE EAST & AFRICA 114
8.6.1 GCC COUNTRIES 117
8.6.2 SOUTH AFRICA 119
8.6.3 REST OF MIDDLE EAST & AFRICA 121
9 COMPETITIVE LANDSCAPE 123
9.1 COMPETITIVE OVERVIEW 123
9.2 GLOBAL MARKET STRATEGY ANALYSIS 123
9.3 COMPETITIVE BENCHMARKING 124
9.4 KEY DEVELOPMENTS 125
9.5 PRODUCTION CAPACITY, KEY PLAYERS, 2021 125
10 COMPANY PROFILES 126
10.1 3 M 126
10.1.1 COMPANY OVERVIEW 126
10.1.2 FINANCIAL OVERVIEW 127
10.1.3 PRODUCTS OFFERED 127
10.1.4 KEY DEVELOPMENTS 128
10.1.5 SWOT ANALYSIS 128
10.1.6 KEY STRATEGIES 128
10.2 AVANTOR, INC. 129
10.2.1 COMPANY OVERVIEW 129
10.2.2 FINANCIAL OVERVIEW 129
10.2.3 PRODUCTS OFFERED 130
10.2.4 KEY DEVELOPMENTS 130
10.2.5 SWOT ANALYSIS 130
10.2.6 KEY STRATEGIES 130
10.3 BASF SE 131
10.3.1 COMPANY OVERVIEW 131
10.3.2 FINANCIAL OVERVIEW 132
10.3.3 PRODUCTS OFFERED 132
10.3.4 KEY DEVELOPMENTS 132
10.3.5 SWOT ANALYSIS 133
10.3.6 KEY STRATEGIES 133
10.4 U. S. BORAX 134
10.4.1 COMPANY OVERVIEW 134
10.4.2 FINANCIAL OVERVIEW 134
10.4.3 PRODUCTS OFFERED 135
10.4.4 KEY DEVELOPMENTS 135
10.4.5 SWOT ANALYSIS 135
10.4.6 KEY STRATEGIES 135
10.5 ETI MADEN 136
10.5.1 COMPANY OVERVIEW 136
10.5.2 FINANCIAL OVERVIEW 136
10.5.3 PRODUCTS OFFERED 136
10.5.4 KEY DEVELOPMENTS 136
10.5.5 SWOT ANALYSIS 137
10.5.6 KEY STRATEGIES 137
10.6 GUJARAT BORON DERIVATIVES PVT. LTD. 138
10.6.1 COMPANY OVERVIEW 138
10.6.2 FINANCIAL OVERVIEW 138
10.6.3 PRODUCTS OFFERED 138
10.6.4 KEY DEVELOPMENTS 138
10.6.5 SWOT ANALYSIS 139
10.6.6 KEY STRATEGIES 139
10.7 MINERA SANTA RITA S.R.L. 140
10.7.1 COMPANY OVERVIEW 140
10.7.2 FINANCIAL OVERVIEW 140
10.7.3 PRODUCTS OFFERED 140
10.7.4 KEY DEVELOPMENTS 140
10.7.5 SWOT ANALYSIS 141
10.7.6 KEY STRATEGIES 141
10.8 INDO BORAX & CHEMICALS LIMITED 142
10.8.1 COMPANY OVERVIEW 142
10.8.2 FINANCIAL OVERVIEW 142
10.8.3 PRODUCTS OFFERED 142
10.8.4 KEY DEVELOPMENTS 143
10.8.5 KEY STRATEGIES 143
10.9 SINGHANIA INTERNATIONAL LIMITED 144
10.9.1 COMPANY OVERVIEW 144
10.9.2 FINANCIAL OVERVIEW 144
10.9.3 PRODUCTS OFFERED 144
10.9.4 KEY DEVELOPMENTS 144
10.9.5 SWOT ANALYSIS 145
10.9.6 KEY STRATEGIES 145
10.10 TOMIYAMA PURE CHEMICAL INDUSTRIES, LTD. 146
10.10.1 COMPANY OVERVIEW 146
10.10.2 FINANCIAL OVERVIEW 146
10.10.3 PRODUCTS OFFERED 146
10.10.4 KEY DEVELOPMENTS 146
10.10.5 SWOT ANALYSIS 147
10.10.6 KEY STRATEGIES 147
11 APPENDIX 148
11.1 REFERENCES 148
11.2 RELATED REPORTS 149
Reviews
There are no reviews yet.