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Global Boric Acid Market to grow at a CAGR of 7.44% during the period 2016-2020.

Press release   •   Nov 14, 2016 01:34 EST

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.

Technavios analysts forecast theGlobal 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:



North America


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Technavio's 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


Avantor Performance Materials



Eti Maden

Gujarat Boron Derivatives

Other prominent vendors

Minera Santa Rita (MSR)


Russian Bor

Searles Valley Reserves

Sociedad Industrial Tierra

Societa Chimica Larderello (SCL)

Tomiyama Pure Chemical Industries

Market driver

Rising demand from fiberglass and other end-user segments.

For a full, detailed list, view our report

Market challenge

Toxicity and bioaccumulation potential of boric acid.

For a full, detailed list, view our report

Market trend

Production of boric acid from ulexite using trona.

For a full, detailed list, view our 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?