Boric Acid Market May See a Big Move
Boric acid also called hydrogen borate, boracic acid and orthoboracic acid refers to an odorless, white and weak monobasic acid. It displays a crystalline structure generally available as a water-soluble powder form and antibiotic properties against both bacterial and fungal infections. This naturally occurring compound consisting of element boron exists in powder form as well as a white powder or colorless crystals.
According to a new report published by Data Bridge Market Research, titled, “Boric Acid Market,” The Boric Acid market size is growing at a CAGR of 5.60% from 2021 to 2028.
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Scope & Size
Chapter Three: Market Analysis & Insight
Chapter Four: Market Regional Level Analysis
Chapter Five: Market Share Analysis
Chapter Six: Market Key Players
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=global-boric-acid-market
Some of the key questions answered in this report:
How has the BORIC ACID performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the BORIC ACID?
- What are the key regional markets?
- What are the key driving factors and challenges in the industry?
- What is the structure of the BORIC ACID and who are the key players?
BORIC ACID Scope and Market Size
- The boric acid market is segmented on the basis of purity grade, application, end user and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of purity grade, the boric acid market is segmented into <995.60% and ≥995.60%.
- On the basis of application, the boric acid market is segmented into glass and fiberglass, medical, personal care, flame retardants, wood preservatives, pest control, nutritional supplements and others.
- On the basis of end user, the boric acid market is segmented into fiberglass industry, building and construction, ceramics, pharmaceuticals and others.
- On the basis of distribution channel, the boric acid market is segmented into wholesale, e-commerce, retail shop, hypermarket/supermarket, independent shop and convenient shop.
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Market Analysis and Insights: BORIC ACID
- The boric acid market is expected to witness market growth at a rate of 5.60% in the forecast period of 2021 to 2028
BORIC ACID – Regional Level Analysis
- Asia-Pacific dominates the boric acid market because of the rise in industrialization, growth in the construction industry in emerging economies such as India and China and growing adoption rate of boric acid in the building and construction sector in the region. North America and Europe are expected to show significant growth during the forecast period of 2021 to 2028 due to the increase in demand for boric acid in pharmaceutical and cosmetic industries.
BORIC ACID – Share Analysis:
- The boric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to boric acid market.
Key player – BORIC ACID
- The major players covered in the boric acid market report are 3M, BASF SE, Avantor, Inc., U.S. Borax, Eti Maden, Gujarat Boron Derivatives, TOMIYAMA PURE CHEMICAL INDUSTRIES,LTD, Sociedad Industrial Tierra S.A, SCL Italia S.p.A., MCC Russian Bor, Searles Valley Minerals, Minera Santa Rita S.R.L., Quiborax, ORGANIC INDUSTRIES PVT LTD, Indo Borax & Chemicals Limited, The Chemical Company, Hemadri Chemicals, Singhania International Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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https://www.databridgemarketresearch.com/reports/global-boric-acid-market
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