Boric Acid Market Industry Analysis 2019 - 2027 With Key players 3M, Avantor Performance Materials, BASF SE, U.S. Borax, Eti Maden, Gujarat Boron Derivatives, Minera Santa Rita (MSR), Quiborax, Russian Bor, and Tomiyama Pure Chemicals Industries

Boric Acid Market report provides the statistical analysis of “Boric Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, Outlook and Forecasts 2018- 2026” present in the industry space. The report helps the user to strengthen decisive power to plan their strategic moves to launch or expand their businesses by offering them a clear picture of this market.

View Sample of Report: https://www.coherentmarketinsights.com/insight/request-sample/2509

Key players operating in the global boric acid market include, 3M, Avantor Performance Materials, BASF SE, U.S. Borax, Eti Maden, Gujarat Boron Derivatives, Minera Santa Rita (MSR), Quiborax, Russian Bor, and Tomiyama Pure Chemicals Industries, Babcock International Group, and others.

Major driver for growth of the global boric acid market is increasing application of boron in fiberglass and specialty glass (carbon fiber). Boric acid offers specific benefits to glass such as chemical and heat resistance, can reduce melting point, viscosity and increase breakage index, and offers transparency and brightness to glass. According to American Composites Manufacturers Association, the global fiberglass market size was over US$ 13 billion in 2016, and it is expected to increase to US$ 20 billion by 2024. Moreover, the demand for aerospace carbon fiber is expected to reach 22,100 tons by 2020.

Key Stakeholders Covered within this Boric Acid Report:
• Boric Acid Manufacturers
• Boric Acid Distributors/Traders/Wholesalers
• Boric Acid Subcomponent Manufacturers
• Boric Acid Industry Association
• Downstream Vendors

The study provides a comprehensive analysis of the Boric Acid market growth throughout the above forecast period in terms of revenue estimates (in US$ Mn), across different geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and Market demand and supply scenarios.

Request to Get the PDF Sample of the Report: https://www.coherentmarketinsights.com/insight/request-pdf/2509

Asia Pacific is expected to witness significant growth in the market, with China and India poised as the growth engine. This is owing to increasing medicinal use of boric acid as antiseptic. For instance, according to International Trade Association, China is the second largest pharmaceutical market worldwide and the pharmaceutical market of China was valued at US$ 108 billion in 2015, and is expected to reach US$ 167 billion by 2020, witnessing a CAGR of 9.1%. Moreover, China's total public and private healthcare expenditure was valued at US$ 640 billion in 2015, and expected to reach US$ 1.1 trillion by 2020.

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.