Press release
Boric Acid Market to reach USD 1160.89 Mn by 2029, emerging at a CAGR of 5.9 percent and forecast (2022-2029)
Boric Acid Market
The report follows a robust research methodology, incorporating primary and secondary research approaches. Extensive interviews and discussions with industry experts and professionals provide key insights into the boric acid market. The primary research is complemented by a thorough examination of relevant publications, company websites, industry journals, and other credible sources. The market report offers an in-depth analysis of the contemporary competitive scenario, providing investor recommendations based on comprehensive research.
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What are Boric Acid Market Dynamics?
The boric acid market is driven by several factors, including its increasing usage across various industries. The rise in urbanization, growth in per capita income, and expanding construction activities in emerging economies contribute to the market's rapid growth. Boric acid's applications in energy-efficient compounds, laboratory applications, and the oil and gas sector further drive market expansion. Additionally, the rising demand from the cosmetics, pharmaceuticals, and agriculture industries propels the growth of the boric acid market. However, the market faces certain restraints, such as the availability of alternatives and environmental concerns.
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What is Boric Acid Market Segmentation?
by Purity
• Less than 99%
• More than equals 99%
by Application
• Flame Retardants
• Ceramics & Fiberglas
• Wood Preservatives
• Nutritional Supplements
• Pest Control
• Others
by End-Use
• Pharmaceuticals
• Agricultural
• Chemical Processing
• Building & Construction
• Nuclear
• Others
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Who are Boric Acid Market Key Players?
• 3M
• Avantor
• BASF SE
• Borax
• ETI Maden
• Gujarat Boron Concern OJSC
• Borax Moraji Ltd.
• Toiyama Pure Chemical
• Nippon Denko Co. Ltd.
• Southern Agricultural Insecticides Inc,
• Quiborax SA
• American Borate Company
• Tokyo Chemical Industries Ltd.
• Italia SPA
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Table of content for the Boric Acid Market includes:
1. Global Boric Acid Market: Research Methodology
2. Global Boric Acid Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Boric Acid Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Boric Acid Market Segmentation
• Global Market, by Purity (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End-Use (2021-2029)
5. Regional Boric Acid Market (2021-2029)
• Regional Market, by Purity (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End-Use (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/global-boric-acid-market/66557/
Regional Insights:
The Asia-Pacific region dominates the boric acid market, accounting for the largest market share of 32% in 2021. The region is experiencing rapid urbanization, population growth, and increasing construction activities, which drive the demand for boric acid in various applications. North America holds the second-largest market share, fueled by the use of boric acid in the automotive, construction, and cosmetics industries. Europe is witnessing significant growth in the boric acid market, driven by the construction and agriculture sectors.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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