Boric Acid Global Market

Boric Acid  Global Market

Global Boric Acid Market Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Boric Acid Market Industry Research Report 2026 market worldwide.

Pages: 210

Format: PDF

Date: 01-2026

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Global Boric Acid Market – Market Description

The Global Boric Acid Market is a strategically important segment of the inorganic chemicals industry. Boric acid is a versatile compound used for its thermal stability, chemical buffering capacity, flame-retardant behavior, neutron absorption properties, and antiseptic characteristics. These properties enable its application across glass and ceramics manufacturing, electronics, construction materials, chemicals, agriculture, pharmaceuticals, and nuclear power.

The Global Boric Acid Market Report 2025 delivers a comprehensive assessment of market structure, production capacity, demand trends, and competitive dynamics. The report evaluates historical performance and forecasts market evolution during the 2026–2036 period, considering regulatory frameworks, industrial expansion, technological innovation, and the availability of boron mineral resources.

Market growth is supported by expanding borosilicate glass production, electronics miniaturization, ceramic materials demand, and nuclear energy applications.

Market Segmentation

By Type

  • Technical / Industrial Grade
    • Used in glass, ceramics, construction materials, and chemicals
  • Pharmaceutical Grade
    • High-purity grade for antiseptics and medicinal formulations
  • Food Grade
    • Used as preservative and processing aid under regulated limits
  • Lab Grade
    • Analytical and research applications
  • Nuclear Grade
    • High-purity boric acid for neutron absorption in nuclear reactors

By Application

  • Glass
    • Borosilicate glass, fiberglass, insulation materials
  • Ceramics
    • Enamels, glazes, and advanced ceramic formulations
  • Chemistry
    • Intermediates, catalysts, and specialty chemicals
  • Construction Materials
    • Insulation, fire-resistant panels, and composites
  • Electronics
    • Semiconductors, LCD panels, and electronic-grade glass
  • Nuclear Power
    • Reactor coolant systems and radiation control

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Spain, Russia, others)
  • Asia-Pacific (China, India, Japan, Southeast Asia, others)
  • South America (Brazil, Argentina, others)
  • Middle East & Africa (Saudi Arabia, South Africa, others)

Impact of COVID-19 on the Boric Acid Market

The COVID-19 pandemic affected the Boric Acid market in 2020 due to:

  • Temporary shutdowns of glass, ceramics, and construction facilities
  • Supply chain disruptions in mining and chemical processing
  • Delayed capital investment in industrial and nuclear projects

Recovery was driven by:

  • Resumption of construction and infrastructure development
  • Increased demand for electronics and display glass
  • Stabilization of mining and chemical supply chains

Post-pandemic recovery highlighted the importance of boric acid in essential and high-technology industries.

Key Players Analysis

Major companies operating in the global Boric Acid market include:

  • Borax
  • The Chemical Company
  • Quiborax
  • Minera Santa Rita SRL
  • Southern Agricultural Insecticides
  • Inkabor
  • Etimine S.A.
  • Eti Maden
  • Sociedad Industrial Tierra
  • MCC Russian Bor
  • Searles Valley Minerals

Competition is driven by resource access, product purity, vertical integration, and long-term supply contracts.

Porter’s Five Forces Analysis

  • Threat of New Entrants: Low
    High capital investment and limited boron mineral availability restrict entry.
  • Bargaining Power of Suppliers: Low to Moderate
    Boron reserves are geographically concentrated among a few producers.
  • Bargaining Power of Buyers: Moderate
    Large glass and electronics manufacturers negotiate long-term contracts.
  • Threat of Substitutes: Low
    Limited substitutes provide comparable thermal and chemical performance.
  • Competitive Rivalry: Moderate
    Market dominated by a small number of vertically integrated producers.

SWOT Analysis

Strengths

  • Broad industrial applicability
  • Essential role in glass and ceramics industries
  • Strong demand from electronics and nuclear sectors

Weaknesses

  • Geographic concentration of raw material sources
  • Environmental and mining compliance costs

Opportunities

  • Growth in borosilicate glass and electronics manufacturing
  • Expansion of nuclear power infrastructure
  • Rising demand for fire-resistant construction materials

Threats

  • Regulatory scrutiny of mining operations
  • Geopolitical risks affecting boron supply chains
  • Volatility in construction and industrial demand

Trend Analysis

  • Increasing use of boric acid in high-performance glass
  • Growing demand from electronics and display technologies
  • Expansion of nuclear-grade boric acid usage
  • Focus on sustainable mining and processing practices

Market Drivers

  • Expansion of electronics and semiconductor industries
  • Growth in construction and insulation materials
  • Rising demand for specialty glass and ceramics
  • Nuclear power plant maintenance and development

Market Challenges

  • Environmental regulations on boron mining
  • Supply chain dependency on limited regions
  • Energy-intensive production processes

Value Chain Analysis

  • Raw Material Suppliers – Boron minerals (borates, colemanite)
  • Manufacturers – Boric acid extraction and purification
  • Distributors – Industrial and specialty chemical distribution
  • End Users – Glass, ceramics, electronics, construction, nuclear industries

Market Outlook (2026–2036)

The global Boric Acid market is expected to grow at a stable and strategic CAGR during the forecast period, supported by:

  • Sustained demand from glass, ceramics, and electronics sectors
  • Expansion of nuclear power and high-tech applications
  • Strong growth potential in Asia-Pacific and emerging economies

Overall, the market outlook remains positive, with boric acid continuing to play a critical role in advanced industrial and energy-related applications.

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1. Market Overview of Boric Acid
    1.1 Boric Acid Market Overview
        1.1.1 Boric Acid Product Scope
        1.1.2 Market Status and Outlook
    1.2 Boric Acid Market Size by Regions:
    1.3 Boric Acid Historic Market Size by Regions
    1.4 Boric Acid Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Boric Acid Sales Market by Type
    2.1 Global Boric Acid Historic Market Size by Type
    2.2 Global Boric Acid Forecasted Market Size by Type
    2.3 Technical/Industrial Grade
    2.4 Pharmaceutical Grade
    2.5 Food Grade
    2.6 Lab Grade
    2.7 Nuclear Grade
3. Covid-19 Impact Boric Acid Sales Market by Application
    3.1 Global Boric Acid Historic Market Size by Application
    3.2 Global Boric Acid Forecasted Market Size by Application
    3.3 Glass
    3.4 Ceramics
    3.5 Chemistry
    3.6 Construction Materials
    3.7 Eletronics
    3.8 Nuclear Power
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Boric Acid Production Capacity Market Share by Manufacturers
    4.2 Global Boric Acid Revenue Market Share by Manufacturers
    4.3 Global Boric Acid Average Price by Manufacturers
5. Company Profiles and Key Figures in Boric Acid Business
    5.1 Borax
        5.1.1 Borax Company Profile
        5.1.2 Borax Boric Acid Product Specification
        5.1.3 Borax Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.2 The Chemical Company
        5.2.1 The Chemical Company Company Profile
        5.2.2 The Chemical Company Boric Acid Product Specification
        5.2.3 The Chemical Company Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.3 Quiborax
        5.3.1 Quiborax Company Profile
        5.3.2 Quiborax Boric Acid Product Specification
        5.3.3 Quiborax Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.4 Minera Santa Rita SRL (MSR)
        5.4.1 Minera Santa Rita SRL (MSR) Company Profile
        5.4.2 Minera Santa Rita SRL (MSR) Boric Acid Product Specification
        5.4.3 Minera Santa Rita SRL (MSR) Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.5 Southern Agricultural Insecticides
        5.5.1 Southern Agricultural Insecticides Company Profile
        5.5.2 Southern Agricultural Insecticides Boric Acid Product Specification
        5.5.3 Southern Agricultural Insecticides Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.6 Inkabor
        5.6.1 Inkabor Company Profile
        5.6.2 Inkabor Boric Acid Product Specification
        5.6.3 Inkabor Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.7 Etimine S.A.
        5.7.1 Etimine S.A. Company Profile
        5.7.2 Etimine S.A. Boric Acid Product Specification
        5.7.3 Etimine S.A. Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.8 Eti Maden
        5.8.1 Eti Maden Company Profile
        5.8.2 Eti Maden Boric Acid Product Specification
        5.8.3 Eti Maden Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.9 Sociedad Industrial Tierra S.A
        5.9.1 Sociedad Industrial Tierra S.A Company Profile
        5.9.2 Sociedad Industrial Tierra S.A Boric Acid Product Specification
        5.9.3 Sociedad Industrial Tierra S.A Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.10 MCC Russian Bor
        5.10.1 MCC Russian Bor Company Profile
        5.10.2 MCC Russian Bor Boric Acid Product Specification
        5.10.3 MCC Russian Bor Boric Acid Production Capacity, Revenue, Price and Gross Margin
    5.11 Searles Valley Minerals
        5.11.1 Searles Valley Minerals Company Profile
        5.11.2 Searles Valley Minerals Boric Acid Product Specification
        5.11.3 Searles Valley Minerals Boric Acid Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Boric Acid Market Size
    6.2 North America Boric Acid Key Players in North America
    6.3 North America Boric Acid Market Size by Type
    6.4 North America Boric Acid Market Size by Application
7. East Asia
    7.1 East Asia Boric Acid Market Size
    7.2 East Asia Boric Acid Key Players in North America
    7.3 East Asia Boric Acid Market Size by Type
    7.4 East Asia Boric Acid Market Size by Application
8. Europe
    8.1 Europe Boric Acid Market Size
    8.2 Europe Boric Acid Key Players in North America
    8.3 Europe Boric Acid Market Size by Type
    8.4 Europe Boric Acid Market Size by Application
9. South Asia
    9.1 South Asia Boric Acid Market Size
    9.2 South Asia Boric Acid Key Players in North America
    9.3 South Asia Boric Acid Market Size by Type
    9.4 South Asia Boric Acid Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Boric Acid Market Size
    10.2 Southeast Asia Boric Acid Key Players in North America
    10.3 Southeast Asia Boric Acid Market Size by Type
    10.4 Southeast Asia Boric Acid Market Size by Application
11. Middle East
    11.1 Middle East Boric Acid Market Size
    11.2 Middle East Boric Acid Key Players in North America
    11.3 Middle East Boric Acid Market Size by Type
    11.4 Middle East Boric Acid Market Size by Application
12. Africa
    12.1 Africa Boric Acid Market Size
    12.2 Africa Boric Acid Key Players in North America
    12.3 Africa Boric Acid Market Size by Type
    12.4 Africa Boric Acid Market Size by Application
13. Oceania
    13.1 Oceania Boric Acid Market Size
    13.2 Oceania Boric Acid Key Players in North America
    13.3 Oceania Boric Acid Market Size by Type
    13.4 Oceania Boric Acid Market Size by Application
14. South America
    14.1 South America Boric Acid Market Size
    14.2 South America Boric Acid Key Players in North America
    14.3 South America Boric Acid Market Size by Type
    14.4 South America Boric Acid Market Size by Application
15. Rest of the World
    15.1 Rest of the World Boric Acid Market Size
    15.2 Rest of the World Boric Acid Key Players in North America
    15.3 Rest of the World Boric Acid Market Size by Type
    15.4 Rest of the World Boric Acid Market Size by Application
16 Boric Acid Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • Technical / Industrial Grade
    • Used in glass, ceramics, construction materials, and chemicals
  • Pharmaceutical Grade
    • High-purity grade for antiseptics and medicinal formulations
  • Food Grade
    • Used as preservative and processing aid under regulated limits
  • Lab Grade
    • Analytical and research applications
  • Nuclear Grade
    • High-purity boric acid for neutron absorption in nuclear reactors

By Application

  • Glass
    • Borosilicate glass, fiberglass, insulation materials
  • Ceramics
    • Enamels, glazes, and advanced ceramic formulations
  • Chemistry
    • Intermediates, catalysts, and specialty chemicals
  • Construction Materials
    • Insulation, fire-resistant panels, and composites
  • Electronics
    • Semiconductors, LCD panels, and electronic-grade glass
  • Nuclear Power
    • Reactor coolant systems and radiation control

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Spain, Russia, others)
  • Asia-Pacific (China, India, Japan, Southeast Asia, others)
  • South America (Brazil, Argentina, others)
  • Middle East & Africa (Saudi Arabia, South Africa, others)

Impact of COVID-19 on the Boric Acid Market

The COVID-19 pandemic affected the Boric Acid market in 2020 due to:

  • Temporary shutdowns of glass, ceramics, and construction facilities
  • Supply chain disruptions in mining and chemical processing
  • Delayed capital investment in industrial and nuclear projects

Recovery was driven by:

  • Resumption of construction and infrastructure development
  • Increased demand for electronics and display glass
  • Stabilization of mining and chemical supply chains

Post-pandemic recovery highlighted the importance of boric acid in essential and high-technology industries.

Key Players Analysis

Major companies operating in the global Boric Acid market include:

  • Borax
  • The Chemical Company
  • Quiborax
  • Minera Santa Rita SRL
  • Southern Agricultural Insecticides
  • Inkabor
  • Etimine S.A.
  • Eti Maden
  • Sociedad Industrial Tierra
  • MCC Russian Bor
  • Searles Valley Minerals

Competition is driven by resource access, product purity, vertical integration, and long-term supply contracts.

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