Global Boric Acid Market 2016-2020

  • ID: 3957559
  • Report
  • Region: Global
  • 55 pages
  • TechNavio
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FEATURED COMPANIES

  • 3M
  • BASF
  • Borax
  • Eti Maden
  • Gujarat Boron Derivatives
  • Minera Santa Rita (MSR)
  • MORE
About Boric Acid

Boric acid is an odorless, nearly tasteless, and non-flammable compound. It is used as a minor antiseptic, anti-fungal agent, and insecticide for control of cockroaches, termites, fire ants, and fleas. It is also used in the manufacture of glass and fiberglass, halogen light bulbs, laboratory glassware and circuit boards, and in nuclear power plants to slow down the rate of the fission reaction.

The analysts forecast the global boric acid market to grow at a CAGR of 7.44% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global boric acid market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of boric acid in several industries including glass and fiberglass, pharmaceuticals and personal care products, flame retardants, wood preservatives and pest control, nutritional supplements, and other segments by considering 2015 as the base year.

The market is divided into the following segments based on geography:

- APAC
- Europe
- North America
- ROW

The report, Global Boric Acid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- 3M
- Avantor Performance Materials
- BASF
- Borax
- Eti Maden
- Gujarat Boron Derivatives

Other prominent vendors
- Minera Santa Rita (MSR)
- Quiborax
- Russian Bor
- Searles Valley Reserves
- Sociedad Industrial Tierra
- Societa Chimica Larderello (SCL)
- Tomiyama Pure Chemical Industries

Market drivers
- Rising demand from fiberglass and other end-user segments.
- For a full, detailed list, view the full report

Market challenges
- Toxicity and bioaccumulation potential of boric acid.
- For a full, detailed list, view the full report

Market trends
- Production of boric acid from ulexite using trona.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • BASF
  • Borax
  • Eti Maden
  • Gujarat Boron Derivatives
  • Minera Santa Rita (MSR)
  • MORE
Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
  • Product definition
  • Production process
  • Price trends
  • Outlook
Part 05: Market landscape
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by application
  • Market overview
  • Global boric acid market in glass and fiberglass segment
  • Global boric acid market in pharmaceuticals and personal care products segment
  • Global boric acid market in flame retardants segment
  • Global boric acid market in wood preservative and pest control segment
  • Global boric acid market in nutritional supplements segment
  • Global boric acid market in other segments
Part 07: Market segmentation by geography
  • Market overview
  • Boric acid market in APAC
  • Boric acid market in Europe
  • Boric acid market in North America
  • Boric acid market in ROW
Part 08: Market drivers
  • Rising demand from fiberglass and other end-user segments
  • Rapid urbanization
  • High demand for borosilicate glass
Part 09: Impact of drivers

Part 10: Market challenges
  • Toxicity and bioaccumulation potential of boric acid
  • Ban on cosmetic products containing boric acid by EU
  • Side effects of boric acid use
Part 11: Impact of drivers and challenges

Part 12: Market trends
  • High demand for boric acid in energy saving appliances
  • Production of boric acid from ulexite using trona
Part 13: Vendor landscape
  • Competitive scenario
  • Major market vendors
  • Other prominent vendors
  • 3M
  • Avantor Performance Materials
  • BASF
  • Borax
  • Eti Maden
  • Gujarat Boron Derivatives
Part 14: Appendix
  • List of abbreviations
Part 15: About the Author

List of Exhibits

Exhibit 01: Global boric acid market
Exhibit 02: Global boric acid market by application
Exhibit 03: Global boric acid market by geography
Exhibit 04: Price trend for boric acid 2014-2020 ($ per metric ton)
Exhibit 05: Global boric acid market 2015-2020 (thousand metric tons)
Exhibit 06: Five forces analysis
Exhibit 07: Global boric acid market by application 2015
Exhibit 08: Global boric acid market by application 2020
Exhibit 09: Global boric acid market in glass and fiberglass segment 2015-2020 (thousand metric tons)
Exhibit 10: Global boric acid market in pharmaceuticals and personal care products segment 2015-2020 (thousand metric tons)
Exhibit 11: Global boric acid market in flame retardants segment 2015-2020 (thousand metric tons)
Exhibit 12: Global boric acid market in wood preservative and pest control segment 2015-2020 (thousand metric tons)
Exhibit 13: Global boric acid market in nutritional supplements segment 2015-2020 (thousand metric tons)
Exhibit 14: Global boric acid market in other segments 2015-2020 (thousand metric tons)
Exhibit 15: Global boric acid market by geography 2015
Exhibit 16: Global boric acid market by geography 2020
Exhibit 17: Boric acid market in APAC 2015-2020 (thousand metric tons)
Exhibit 18: Boric acid market in Europe 2015-2020 (thousand metric tons)
Exhibit 19: Boric acid market in North America 2015-2020 (thousand metric tons)
Exhibit 20: Boric acid market in ROW 2015-2020 (thousand metric tons)
Exhibit 21: Expected residential construction spending in US 2015-2019 ($ billions)
Exhibit 22: Impact of drivers
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Expected construction spending in US 2015-2019 ($ trillions)
Exhibit 25: Global boric acid market: Major Vendors 2015
Exhibit 26: 3M: Business segmentation by revenue 2015
Exhibit 27: 3M: Geographic segmentation by revenue 2015
Exhibit 28: Avantor Performance Materials: Product segmentation
Exhibit 29: BASF: Business segmentation by revenue 2015
Exhibit 30: Borax: Product categories
Exhibit 31: Eti Maden: Geographic presence
Exhibit 32: Eti Maden: Product segmentation
Exhibit 33: Gujarat Boron Derivatives: Product segmentation
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FEATURED COMPANIES

  • 3M
  • BASF
  • Borax
  • Eti Maden
  • Gujarat Boron Derivatives
  • Minera Santa Rita (MSR)
  • MORE
New Report Released: - Global Boric Acid Market 2016-2020

The author of the report recognizes the following companies as the key players in the global boric acid market: 3M, Avantor Performance Materials, BASF, Borax, Eti Maden, and Gujarat Boron Derivatives.

Other prominent vendors in the market are: Minera Santa Rita (MSR), Quiborax, Russian Bor, Searles Valley Reserves, Sociedad Industrial Tierra, Societa Chimica Larderello (SCL), and Tomiyama Pure Chemical Industries.

Commenting on the report, an analyst from the research team said: “One of latest trends in the market is high demand for boric acid in energy saving appliances. The demand for boric acid used in energy-saving applications such as the insulation for commercial and residential buildings is on the rise. The compound is also used for energy generation from oil extraction and wind. In North America, especially in the US, the reduction in unemployment rates and stable income levels have increased construction activities. This factor along with an increase in consumer spending will foster the demand for boric acid, thereby driving the market growth during the forecast period.”

According to the report, one of the primary drivers in the market is rapid urbanization. Urbanization, energy needs, and the demand for food products globally are fostering the global boric acid market. Urbanization and rising disposable incomes, especially in developing economies, have elevated the demand for glazed ceramics, electronic devices, and LCD televisions. These appliances contain borosilicate glass and textile fiberglass.

Further, the report states that one major challenge in the market is ban on cosmetic products containing boric acid by EU. Cosmetic products containing boric acid are banned in EU legislation, and no exception to the ban has been granted. The compound has been classified as carcinogenic, mutagenic, or toxic for reproduction (CMR), by the grouping 1B of Regulation (EC) 790/2009 adjusting Regulation 1272/2008 on the classification, labeling, and packaging of substances and mixtures (CLP Regulation). This was as a result of being included in Part 3 of Annex VI of the CLP Regulation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- 3M
- Avantor Performance Materials
- BASF
- Borax
- Eti Maden
- Gujarat Boron Derivatives
- Minera Santa Rita (MSR)
- Quiborax
- Russian Bor
- Searles Valley Reserves
- Sociedad Industrial Tierra
- Societa Chimica Larderello (SCL)
- Tomiyama Pure Chemical Industries
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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