Boric Acid Market report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

Los Angeles, CA -- (SBWire) -- 06/03/2019 --"Boric acid" is also called as "hydrogen borate", or "boracic acid". It is a weak, monobasic used as an antiseptic, insecticide, flame retardant. It exists in colorless crystals or a white powder that dissolves in water. The global demand for insulation materials drives the boric acid market with increase in demand for residential and commercial applications. In addition, rise in building and construction owing to increase in macro-economic factors such as increase in per capita income has triggered the growth of the boric acid market. Furthermore, the rise in demand for boric acid in fiberglass insulation has majorly boosted the market growth, and this trend is expected to continue in the coming years.

The growing demand for borate and boron products in the oil and gas sector as a viscosity and Ph modifier is likely to offer the boric acid market with growth opportunities. Furthermore, increase in demand for consumer electronics and glazed ceramics are projected to boost the demand for boric acid. However, the use of boric acid in personal care items is restricted under the European regulations, which have classified it under the category of a carcinogenic compound and this is likely to hinder the market growth. However, the increase in demand as an energy efficient compound coupled with the demand for borosilicate glass in cookware and laboratory applications are likely to create potential growth avenues for the market.

APAC accounted for the maximum market share and will continue to dominate the boric acid market during the forecast period. This increase corresponds to the rising demand for glass and fiberglass from construction and automotive industries in the region. Other aspects that propel market growth include the growing demand for boric acid in household insecticide products and industrial applications and their benefits as an antiseptic and wood preservative. The global Boric Acid market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.

This report studies the Boric Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Ask for PDF Copy of this Report at https://www.qyresearch.com/sample-form/form/1122388/global-boric-acid-market

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Boric Acid in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Ricca Chemical

Etimine USA

Promega Corporation

Quiborax

Minera Santa Rita SRL (MSR)

Southern Agricultural Insecticides

Inkabor

By the product type, the market is primarily split into

Medical Grade

Industrial Grade

Others

By the end users/application, this report covers the following segments

Glass

Ceramics

Pharmaceutical

Pesticide

Get Customized Report at https://www.qyresearch.com/customize-request/form/1122388/global-boric-acid-market

About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.