Borax Market by Type, Application - Global Forecast 2023-2030

List of Tables

The Borax Market is projected to reach USD 619.64 million by 2030 from USD 378.54 million in 2022, at a CAGR of 6.35% during the forecast period.

Global Borax Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 378.54 million
Estimated Year Value [2023]	USD 397.69 million
Forecast Year Value [2030]	USD 619.64 million
CAGR (%)	6.35%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Borax Market.

Based on Type, market is studied across Anhydrous borax, Borax Decahydrate, and Borax Pentahydrate. The Borax Pentahydrate is projected to witness significant market share during forecast period.

Based on Application, market is studied across Agriculture, Detergents, Enamel Glazing, Fireproofing Materials, and Glass & Ceramics. The Glass & Ceramics is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Borax Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Borax Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Borax Market, highlighting leading vendors and their innovative profiles. These include Advanced Chemical Concepts, Inc., American Borate Company, Bhavani Chemicals, Dawn Scientific Inc., DMCC Speciality Chemicals Limited, Drashti Chemicals, Ebrator Biochemicals Inc., Elsmere Canyon, Eti Maden, Hemadri Chemicals, INKABOR, Merck KGaA, Noah Chemicals, Orocobre Limited Pty Ltd., QUIBORAX, Raj Borax Private Limited, Rio Tinto PLC, Rose Mill Co., RX CHEMICAL, Sar Agrochemicals & Fertilizers Private Limited, Searles Valley Minerals, Spectrum Chemical Mfg. Corp., Suchem Industries, Tokyo Chemical Industry Co., Ltd., and Vizag Chemicals.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Borax Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Borax Market?

3. What is the competitive strategic window for identifying opportunities in the Borax Market?

4. What are the latest technology trends and regulatory frameworks in the Borax Market?

5. What is the market share of the leading vendors in the Borax Market?

6. Which modes and strategic moves are suitable for entering the Borax Market?

Product Code: MRR-C002B1C99498

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Borax Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing consumer demand for effective household cleaning solution and detergents
  - 5.1.1.2. Immense application of borates in glass & ceramic manufacturing and construction industry
- 5.1.2. Restraints
  - 5.1.2.1. Severe health concerns associated with the usage of borax
- 5.1.3. Opportunities
  - 5.1.3.1. Increasing demand for pharmaceutical and personal care products manufacturing
  - 5.1.3.2. Emerging preference for borax as an alternative to the synthetic chemicals
- 5.1.4. Challenges
  - 5.1.4.1. Environmental concerns associated with mining of borax
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Borax Market, by Type

6.1. Introduction
6.2. Anhydrous borax
6.3. Borax Decahydrate
6.4. Borax Pentahydrate

7. Borax Market, by Application

7.1. Introduction
7.2. Agriculture
7.3. Detergents
7.4. Enamel Glazing
7.5. Fireproofing Materials
7.6. Glass & Ceramics

8. Americas Borax Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Borax Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Borax Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. Advanced Chemical Concepts, Inc.
- 12.1.2. American Borate Company
- 12.1.3. Bhavani Chemicals
- 12.1.4. Dawn Scientific Inc.
- 12.1.5. DMCC Speciality Chemicals Limited
- 12.1.6. Drashti Chemicals
- 12.1.7. Ebrator Biochemicals Inc.
- 12.1.8. Elsmere Canyon
- 12.1.9. Eti Maden
- 12.1.10. Hemadri Chemicals
- 12.1.11. INKABOR
- 12.1.12. Merck KGaA
- 12.1.13. Noah Chemicals
- 12.1.14. Orocobre Limited Pty Ltd.
- 12.1.15. QUIBORAX
- 12.1.16. Raj Borax Private Limited
- 12.1.17. Rio Tinto PLC
- 12.1.18. Rose Mill Co.
- 12.1.19. RX CHEMICAL
- 12.1.20. Sar Agrochemicals & Fertilizers Private Limited
- 12.1.21. Searles Valley Minerals
- 12.1.22. Spectrum Chemical Mfg. Corp.
- 12.1.23. Suchem Industries
- 12.1.24. Tokyo Chemical Industry Co., Ltd.
- 12.1.25. Vizag Chemicals
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing