Boric Acid Market has valued at US$ 789.5 Mn. in 2021 and is estimated to reach a value of US$ 1160.89 Mn. in 2029. The Global Boric Acid Market size is estimated to grow at a CAGR of 5.9% over the forecast period.
Boric Acid Market
Boric Acid Market offers forecasts about the market's key attributes based on the present market environment, customer preferences, and business strategy. The market is further divided in the research report based on Boric Acid Market Share, Market Dynamics, Growth Factors, Key Players, and Regions. The research study, titled Boric Acid Market (2022-2029), offers a thorough analysis of the market by concentrating on data on a number of global market components, including development trends, competitive landscape analysis, and the state of major regions' progress. Additionally underlined is the knowledge of global drivers, obstacles, opportunities, and threats.
This study offers data to develop strategies for fostering market growth and success and is a thorough numerical analysis of the Boric Acid industry. Forecasts for the market's size, price, revenue, profit margin, market share, cost structure, and growth rates are also provided in the study for planning purposes.The corporate Boric Acid market, regional market, and global market are the main areas of this study. To estimate the size of the total Boric Acid market from a worldwide viewpoint, this study looks at historical trends and anticipated future changes. The study's main geographic areas of interest are North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
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Market Key Competition/ 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
The report includes data on the major players in the market, including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin Sales, as well as a thorough analysis of the market's competitive landscape, specific vendor data, and minute details of factors that will obstruct the growth of significant market vendors.
Boric Acid Market: Segment Analysis:
The research report examines numerous market segments by market and by geography (or country). The sales and revenue for the past and anticipated periods of 2017 through 2029 are covered in this research. It is simpler to understand the categories and the importance of the several factors that influence market growth.
During the anticipated period, the European boric acid market is anticipated to expand at a 9% annual growth rate. A lot of fibre glass and laboratory equipment are made with boric acid. Additionally, the production of fungicides and pesticides uses boric acid extensively. The boric acid market in this area is expanding as a result of the expanding construction and agricultural sectors.
The regional groupings are created using data on distribution and investments. The regional research includes an examination of the industry as a whole using Porter's Five Forces, as well as assessments of each region's market, rate of growth, analysis of historical data, and reporting. The report includes information on the primary financials, product offerings, and production goals of the market's top rivals. The study is supported by information on the business's most recent developments, profit growth, price, revenue, and product sales.
List of Regions coved in report:
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Dec 09, 2022