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PUBLISHER: KBV Research | PRODUCT CODE: 1432463
PUBLISHER: KBV Research | PRODUCT CODE: 1432463
Asia Pacific Boric Acid Market Size, Share & Trends Analysis Report By Grade, By End-use, By Country and Growth Forecast, 2023 - 2030
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The Asia Pacific Boric Acid Market would witness market growth of 5.7% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 266.3 kilo tonnes, showcasing a growth of 4.8% (2019-2022).
The agricultural sector has witnessed a notable adoption of boric acid, driven by the overall shift towards sustainable farming practices. Farmers increasingly recognize the benefits of incorporating boric acid into fertilizers to address soil deficiencies and enhance crop yields. As the agricultural industry embraces environmentally friendly solutions, adopting boric acid is becoming integral to modern farming practices. In consumer-driven industries such as cosmetics and personal care, there is a growing preference for natural and sustainable ingredients. With its mild and natural properties, boric acid has found a place in formulations for skincare, haircare, and other personal care products. The adoption of boric acid in these industries reflects a broader consumer trend towards eco-friendly and ethically sourced products.
Boric acid is a white, crystalline compound with antifungal and antiviral effects. It is used in many industries, including nuclear power, pharmaceuticals, and agriculture. The rising demand for this substance can be attributed to its expanding use in agriculture for micronutrient supplementation and its function in producing flame retardants, glass, and ceramics, which displays an increasing recognition of its versatile properties.
The growing pharmaceutical manufacturing activities in the Asia Pacific region contribute to increased demand for boric acid as an excipient. As the pharmaceutical industry in Asia Pacific expands, there is a corresponding rise in the demand for boric acid for its antimicrobial properties. Therefore, due to the above-mentioned factors, the boric acid market will grow significantly in this region.
The China market dominated the Asia Pacific Boric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $175 Million by 2030. The Japan market is registering a CAGR of 5% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.3% during (2023 - 2030).
Based on Grade, the market is segmented into Industrial, Pharmaceutical, and Others. Based on End-use, the market is segmented into Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Other. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Rio Tinto PLC (Rio Tinto Internationals Holdings Limited)
- Rose Mill Co.
- Speed International India Pvt Ltd.
- Avantor, Inc.
- 3M Company
- Minera Santa Rita S.R.L
- Quiborax S.A.
- Gujarat Boron Derivatives Pvt. Ltd
- Eti Maden
- BASF SE
Asia Pacific Boric Acid Market Report Segmentation
By Grade (Volume, Killo Tonnes, USD Billion, 2019-2030)
- Industrial
- Pharmaceutical
- Others
By End User (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Construction
- Agriculture
- Automotive
- Electronics
- Pharmaceutical & Healthcare
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Boric Acid Market, by Grade
- 1.4.2 Asia Pacific Boric Acid Market, by End-Use
- 1.4.3 Asia Pacific Boric Acid Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. Asia Pacific Boric Acid Market by Grade
- 4.1 Asia Pacific Industrial Market by Country
- 4.2 Asia Pacific Pharmaceutical Market by Country
- 4.3 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Boric Acid Market by End-use
- 5.1 Asia Pacific Construction Market by Country
- 5.2 Asia Pacific Agriculture Market by Country
- 5.3 Asia Pacific Automotive Market by Country
- 5.4 Asia Pacific Electronics Market by Country
- 5.5 Asia Pacific Pharmaceutical & Healthcare Market by Country
- 5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Boric Acid Market by Country
- 6.1 China Boric Acid Market
- 6.1.1 China Boric Acid Market by Grade
- 6.1.2 China Boric Acid Market by End-use
- 6.2 Japan Boric Acid Market
- 6.2.1 Japan Boric Acid Market by Grade
- 6.2.2 Japan Boric Acid Market by End-use
- 6.3 India Boric Acid Market
- 6.3.1 India Boric Acid Market by Grade
- 6.3.2 India Boric Acid Market by End-use
- 6.4 South Korea Boric Acid Market
- 6.4.1 South Korea Boric Acid Market by Grade
- 6.4.2 South Korea Boric Acid Market by End-use
- 6.5 Singapore Boric Acid Market
- 6.5.1 Singapore Boric Acid Market by Grade
- 6.5.2 Singapore Boric Acid Market by End-use
- 6.6 Malaysia Boric Acid Market
- 6.6.1 Malaysia Boric Acid Market by Grade
- 6.6.2 Malaysia Boric Acid Market by End-use
- 6.7 Rest of Asia Pacific Boric Acid Market
- 6.7.1 Rest of Asia Pacific Boric Acid Market by Grade
- 6.7.2 Rest of Asia Pacific Boric Acid Market by End-use
Chapter 7. Company Profiles
- 7.1 Rio Tinto PLC (Rio Tinto International Holdings Limited)
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expenses
- 7.1.5 SWOT Analysis
- 7.2 ROSE MILL CO.
- 7.2.1 Company Overview
- 7.2.2 SWOT Analysis
- 7.3 Minera Santa Rita S.R.L.
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Speed International India Pvt. Ltd.
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Quiborax S.A.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 Gujarat Boron Derivatives Pvt. Ltd.
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Eti Maden
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 3M Company
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expense
- 7.8.5 SWOT Analysis
- 7.9 BASF SE
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expense
- 7.9.5 SWOT Analysis
- 7.10. Avantor, Inc.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Regional Analysis
- 7.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Boric Acid Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Boric Acid Market, 2023 - 2030, USD Million
- TABLE 3 Asia Pacific Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 4 Asia Pacific Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 5 Asia Pacific Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 6 Asia Pacific Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 7 Asia Pacific Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 8 Asia Pacific Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 9 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Industrial Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12 Asia Pacific Industrial Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16 Asia Pacific Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 20 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 21 Asia Pacific Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 22 Asia Pacific Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 23 Asia Pacific Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 24 Asia Pacific Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 25 Asia Pacific Construction Market by Country, 2019 - 2022, USD Million
- TABLE 26 Asia Pacific Construction Market by Country, 2023 - 2030, USD Million
- TABLE 27 Asia Pacific Construction Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28 Asia Pacific Construction Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29 Asia Pacific Agriculture Market by Country, 2019 - 2022, USD Million
- TABLE 30 Asia Pacific Agriculture Market by Country, 2023 - 2030, USD Million
- TABLE 31 Asia Pacific Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32 Asia Pacific Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 34 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 35 Asia Pacific Automotive Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 36 Asia Pacific Automotive Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 37 Asia Pacific Electronics Market by Country, 2019 - 2022, USD Million
- TABLE 38 Asia Pacific Electronics Market by Country, 2023 - 2030, USD Million
- TABLE 39 Asia Pacific Electronics Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 40 Asia Pacific Electronics Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 41 Asia Pacific Pharmaceutical & Healthcare Market by Country, 2019 - 2022, USD Million
- TABLE 42 Asia Pacific Pharmaceutical & Healthcare Market by Country, 2023 - 2030, USD Million
- TABLE 43 Asia Pacific Pharmaceutical & Healthcare Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 44 Asia Pacific Pharmaceutical & Healthcare Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
- TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
- TABLE 47 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 48 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 49 Asia Pacific Boric Acid Market by Country, 2019 - 2022, USD Million
- TABLE 50 Asia Pacific Boric Acid Market by Country, 2023 - 2030, USD Million
- TABLE 51 Asia Pacific Boric Acid Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 52 Asia Pacific Boric Acid Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 53 China Boric Acid Market, 2019 - 2022, USD Million
- TABLE 54 China Boric Acid Market, 2023 - 2030, USD Million
- TABLE 55 China Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 56 China Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 57 China Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 58 China Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 59 CHINA BORIC ACID MARKET BY GRADE, 2019 - 2022, KILO TONNES
- TABLE 60 China Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 61 China Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 62 China Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 63 China Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 64 China Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 65 Japan Boric Acid Market, 2019 - 2022, USD Million
- TABLE 66 Japan Boric Acid Market, 2023 - 2030, USD Million
- TABLE 67 Japan Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 68 Japan Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 69 Japan Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 70 Japan Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 71 Japan Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 72 Japan Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 73 Japan Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 74 Japan Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 75 Japan Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 76 Japan Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 77 India Boric Acid Market, 2019 - 2022, USD Million
- TABLE 78 India Boric Acid Market, 2023 - 2030, USD Million
- TABLE 79 India Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 80 India Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 81 India Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 82 India Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 83 India Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 84 India Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 85 India Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 86 India Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 87 India Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 88 India Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 89 South Korea Boric Acid Market, 2019 - 2022, USD Million
- TABLE 90 South Korea Boric Acid Market, 2023 - 2030, USD Million
- TABLE 91 South Korea Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 92 South Korea Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 93 South Korea Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 94 South Korea Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 95 South Korea Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 96 South Korea Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 97 South Korea Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 98 South Korea Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 99 South Korea Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 100 South Korea Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 101 Singapore Boric Acid Market, 2019 - 2022, USD Million
- TABLE 102 Singapore Boric Acid Market, 2023 - 2030, USD Million
- TABLE 103 Singapore Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 104 Singapore Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 105 Singapore Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 106 Singapore Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 107 Singapore Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 108 Singapore Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 109 Singapore Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 110 Singapore Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 111 Singapore Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 112 Singapore Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 113 Malaysia Boric Acid Market, 2019 - 2022, USD Million
- TABLE 114 Malaysia Boric Acid Market, 2023 - 2030, USD Million
- TABLE 115 Malaysia Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 116 Malaysia Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 117 Malaysia Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 118 Malaysia Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 119 Malaysia Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 120 Malaysia Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 121 Malaysia Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 122 Malaysia Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 123 Malaysia Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 124 Malaysia Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 125 Rest of Asia Pacific Boric Acid Market, 2019 - 2022, USD Million
- TABLE 126 Rest of Asia Pacific Boric Acid Market, 2023 - 2030, USD Million
- TABLE 127 Rest of Asia Pacific Boric Acid Market, 2019 - 2022, Kilo Tonnes
- TABLE 128 Rest of Asia Pacific Boric Acid Market, 2023 - 2030, Kilo Tonnes
- TABLE 129 Rest of Asia Pacific Boric Acid Market by Grade, 2019 - 2022, USD Million
- TABLE 130 Rest of Asia Pacific Boric Acid Market by Grade, 2023 - 2030, USD Million
- TABLE 131 Rest of Asia Pacific Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
- TABLE 132 Rest of Asia Pacific Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
- TABLE 133 Rest of Asia Pacific Boric Acid Market by End-use, 2019 - 2022, USD Million
- TABLE 134 Rest of Asia Pacific Boric Acid Market by End-use, 2023 - 2030, USD Million
- TABLE 135 Rest of Asia Pacific Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
- TABLE 136 Rest of Asia Pacific Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
- TABLE 137 key Information - Rio Tinto PLC
- TABLE 138 Key Information - Rose Mill Co.
- TABLE 139 Key Information - Minera Santa Rita S.R.L.
- TABLE 140 Key Information - speed international india pvt. ltd.
- TABLE 141 Key Information - quiborax S.A.
- TABLE 142 Key Information - Gujarat Boron derivatives pvt. ltd.
- TABLE 143 Key Information - eti maden
- TABLE 144 Key Information - 3M Company
- TABLE 145 Key Information - BASF SE
- TABLE 146 Key Information - Avantor, Inc.
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