Boric Acid Market Research Report 2025
Boric Acid Market Global Industry Analysis and Forecast (2025-2032) by Form (Powder, Granular, Liquid), Application (Ceramics & Fiberglass, Flame Retardants, Wood Preservatives, Nutritional Supplements, Pest Control, Others), Distribution Channel (Wholesale, E-Commerce, Retail Shop, Hypermarket/Supermarket, Independent Shop, and Convenient Shop), End-User (Pharmaceuticals, Agricultural, Chemical Processing, Building & Construction, Nuclear, Others), and Regional Insights.
Boric Acid Market Synopsis:
Boric Acid Market Size Was Valued at USD 1.05 Billion in 2024, and is Projected to Reach USD 1.61 Billion by 2032, Growing at a CAGR of 5.45% from 2025-2032.
Boric acid, or orthoboric or boracic acid, is a chemical compound consisting of boron, oxygen, and hydrogen (B(OH)₃). It is extensively utilised due to its antiseptic, insecticidal, and industrial uses. Present in cosmetics, medicines, and hygiene products, it is a crucial part of everyday life. Its versatility makes it worth having in both commercial and residential markets.
The demand for boric acid is fueled by strong demand from the glass, ceramic, and construction industries. It finds application in fibreglass, lubricants, textiles, and welding. Demand for insulation materials and borosilicate glass is also fueling growth. In agriculture, boric acid is used as a flame retardant, antimicrobial, and pesticide. Attempts are being made to render its use eco-friendlier.
Boric acid plays a critical role in renewable energy and the development of solar technology. It helps in managing carbon and facilitating energy-efficient innovation. Regulations such as the EU prohibition of its application in cosmetics are some of the challenges. Nevertheless, industrial demand across the world continues to fuel robust market growth.
The Top Active Players Involved Are:
“3M Company (USA), Avantor, Inc.(USA), Boron Molecular Pty Ltd (Australia), Etimine USA Inc (USA), Frontiers Media S.A. (Switzerland), Gujarat Borosil Ltd. (India), Kanto Chemical Co., Inc. (Japan), Kishida Chemical Co., Ltd. (Japan), Merck (Germany), Minera Santa Rita SRL (MSR) (Bolivia), Nacalai ( Japan), Orocobre Limited (Australia), PhytoTech Labs (USA), Promega Corporation (USA), Quiborax (Chile), Ricca Chemical Company (USA), Rose Mill Co. (USA), Searles Valley Minerals (USA), Southern Agricultural Insecticides, Inc (USA), U.S. Borax Inc. (A Rio Tinto Group Company) (USA), Other Active Players.”
Boric Acid Market Growth and Trend Analysis:
Growth Driver Growing Industry Demand for Glass and Ceramics
- The increasing application of boric acid in the glass and ceramics industry is one of the primary drivers of the market. One of the key elements of borosilicate glass, which is famous for its durability, heat resistance, and low thermal expansion, is boric acid. This type of glass is often used in kitchen utensils, solar applications, and laboratory devices.
- High-performance materials demand and the growth in global construction activities are stimulating the consumption of boric acid in these industries. Boric acid is a crucial raw material that enhances market growth because of its high-performance characteristics.
Limiting Factor Price Volatility Due to Limited Global Producers
- Price volatility due to a limited number of global producers and a geographically localised supply chain is one of the primary challenges to consider in the boric acid market. A few nations, led by the US and Turkey, provide a significant portion of the borates utilised to produce boric acid globally.
- Also, price hikes and supply shortages can ensue from trade restrictions, production interruptions, or geopolitical tensions in some areas. Due to this dependency on a few suppliers, the market is vulnerable to volatility, affecting end consumers and manufacturers across a range of industries. This price instability remains a major hurdle, demanding strategic sourcing and diversification efforts to ensure long-term market resilience.
Expansion Opportunity Growing Utilisation as a Micronutrient in Agriculture
- The increasing use of boric acid as an agricultural micronutrient is a large opportunity for the market. Extracted from boric acid, boron plays a significant role in plant growth, particularly in improving nutrient absorption, seed development, and cell wall resistance.
- Fertilisers and soil conditioners contain boric acid that is being used to fill boron shortages in several crops, with expanding knowledge on crop yields and soil health. The farming industry presents boric acid suppliers with a growing opportunity due to the global drive for efficient and sustainable farming practices, especially in developing nations. As sustainable agriculture gains traction, boric acid’s role as a micronutrient is poised to unlock significant growth potential in the Agri-inputs sector.
Challenge Barrier Issues with Health and the Environment
- Increased fears regarding boric acid's potential impact on human health and the environment constitute a significant commercial limitation. Even though boric acid is very common in a great variety of uses, too much exposure has been linked to reproductive and developmental health issues, which have stimulated regulatory interest in numerous locations.
- For instance, by the standards of REACH, boric acid falls under the chemical of very high concern (SVHC) class in the European Union. Stronger legislation and labelling requirements have been introduced as a result of these concerns, which may limit their application in some areas and decrease their market prospects. Navigating regulatory landscapes and investing in safer formulations will be essential to mitigate this challenge and preserve market viability.
Boric Acid Market Segment Analysis:
Boric Acid Market is segmented based on Form, Application, Distribution Channel, End User and Region
By Distribution channel, the Wholesale Segment is expected to dominate the Market During the Forecast Period
- Driven by strong demand from bulk buyers in industries such as glass manufacturing, ceramics, agriculture, and flame retardants. Bulk industrial buyers prefer to buy wholesale to ensure a constant supply, affordability, and streamlined logistics.
- Major producers and wholesalers seek to increase their wholesaling business to take care of the rising demand from the construction, electronics, and medicine sectors.
- The growth of virtual B2B marketplaces and digital buying solutions is also driving wholesale transactions, solidifying its role as the dominant channel of distribution in the global boric acid market.
By Application, Ceramics & Fibreglass Segment Held the Largest Share in 2024
- The Mineral Commodity Summaries 2024 Says that in 2023, the glass and ceramics industries remained the leading domestic users of boron products, accounting for an estimated 65% of total borates consumption.
- This is driven by the growing demand in the electronics, automotive, and construction sectors for high-performance materials. Because boric acid has chemical stability, durability, and heat resistance, it has universal application in the manufacturing of speciality glass, fibreglass insulation, and ceramic glazes.
- Thanks to its fast-paced industrialisation and increasing construction activities, Asia-Pacific, led by China and India, is a key buyer, buoying the market for boric acid-based fibreglass and ceramics.
Boric Acid Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast Period
- Asia-Pacific will lead the world's boric acid market. The region's leadership is driven by high demand from major industries such as glass production, ceramics, agriculture, and pharmaceuticals. Industrialisation and infrastructure development in nations such as China, India, and Japan are among the major drivers of market growth.
- Furthermore, the area enjoys greater construction activities and stringent fire protection regulations, thus increasing demand for flame retardants based on boric acid. With rich boron deposits, economical production facilities, and high usage in many industries, the Asia-Pacific region is poised to continue its dominance in the market during the forecast period.
Boric Acid Market Active Players:
- 3M Company (USA)
- Avantor, Inc.(USA)
- Boron Molecular Pty Ltd (Australia)
- Etimine USA Inc (USA)
- Frontiers Media S.A. (Switzerland)
- Gujarat Borosil Ltd. (India)
- Kanto Chemical Co., Inc. (Japan)
- Kishida Chemical Co., Ltd. (Japan)
- Merck (Germany)
- Minera Santa Rita SRL (MSR) (Bolivia)
- Nacalai (Japan)
- Orocobre Limited (Australia)
- PhytoTech Labs (USA)
- Promega Corporation (USA)
- Quiborax (Chile)
- Ricca Chemical Company (USA)
- Rose Mill Co. (USA)
- Searles Valley Minerals (USA)
- Southern Agricultural Insecticides, Inc. (USA)
- S. Borax Inc. (A Rio Tinto Group Company) (USA)
- Other Active Players
Key Industry Developments in the Boric Acid Market:
- In April 2025, Avantor showcased its latest fluid handling technologies at INTERPHEX 2025 to support efficient and scalable biopharmaceutical production. They demonstrated systems like magnetic mixers, smart peristaltic pumps, and buffer management tools designed for flexibility and precision. These solutions help manufacturers improve production from small lab batches to large-scale operations.
- In April 2024, Monistat Introduces Feminine Cleansing Wipes with Boric Acid
Monistat has released plant-based, fragrance-free feminine washing wipes containing boric acid complex. These wipes are made to be used every day to maintain a healthy intimate ph without irritating.
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Boric Acid Market |
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Base Year: |
2024 |
Forecast Period: |
2025-2032 |
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Historical Data: |
2018 to 2024 |
Market Size in 2024: |
USD 1.05 Bn. |
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Forecast Period 2025-32 CAGR: |
5.45% |
Market Size in 2032: |
USD 1.61 Bn. |
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Segments Covered: |
By form |
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By Application |
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By Distribution Channel |
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By End-User |
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By Region |
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Growth Driver: |
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Limiting Factor |
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Expansion Opportunity |
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Challenge Barrier |
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Companies Covered in the Report: |
3M Company (USA), Avantor, Inc. (USA), Boron Molecular Pty Ltd (Australia), Etimine USA Inc (USA), Frontiers Media S.A. (Switzerland), and Other Active Players |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics and Opportunity Analysis
3.1.1 Growth Drivers
3.1.2 Limiting Factors
3.1.3 Growth Opportunities
3.1.4 Challenges and Risks
3.2 Market Trend Analysis
3.3 Industry Ecosystem
3.4 Industry Value Chain Mapping
3.5 Strategic PESTLE Overview
3.6 Porter's Five Forces Framework
3.7 Regulatory Framework
3.8 Pricing Trend Analysis
3.9 Intellectual Property Review
3.10 Technology Evolution
3.11 Import-Export Analysis
3.12 Consumer Behavior Analysis
3.13 Investment Pocket Analysis
3.14 Go-To Market Strategy
Chapter 4: Boric Acid Market by Form (2018-2032)
4.1 Boric Acid Market Snapshot and Growth Engine
4.2
Frequently Asked Questions
What is the Forecast Period Covered in the Boric Acid Market Research Report?
The projected forecast period for the Boric Acid Market Research Report is 2025-2032.
Who are the Key Players in the Boric Acid Market?
3M Company (USA), Avantor, Inc.(USA), Boron Molecular Pty Ltd (Australia), Etimine USA Inc (USA), Frontiers Media S.A. (Switzerland), Gujarat Borosil Ltd. (India), Kanto Chemical Co., Inc. (Japan), Kishida Chemical Co., Ltd. (Japan), Merck (Germany), Minera Santa Rita SRL (MSR) (Bolivia), Nacalai (Japan), Orocobre Limited (Australia), PhytoTech Labs (USA), Promega Corporation (USA), Quiborax (Chile), Ricca Chemical Company (USA), Rose Mill Co. (USA), Searles Valley Minerals (USA), Southern Agricultural Insecticides, Inc (USA), U.S. Borax Inc. (A Rio Tinto Group Company) (USA), and Other Active Players.
How is the Boric Acid Market segmented?
The Boric Acid Market is segmented into Form, Application, Distribution Channel, End User and Region. By Form, the market is categorised into Powder, Granular, and Liquid. By Application, the market is categorised into Ceramics & Fibreglass, Flame Retardants, Wood Preservatives, Nutritional Supplements, Pest Control, and Others. By Distribution channel, the market is categorised into Wholesale, E-Commerce, Retail Shop, Hypermarket/Supermarket, Independent Shop, and Convenience Shop. By End-user, the market is categorised into Pharmaceuticals, Agricultural, Chemical Processing, Building & Construction, Nuclear, and Others. By Region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Russia; Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; The Netherlands; Italy;; Spain; Rest of Western Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC), Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil; Argentina, etc.).
What defines the Boric Acid Market?
Boric acid, or orthoboric or boracic acid, is a chemical compound consisting of boron, oxygen, and hydrogen (B(OH)₃). It is extensively utilised due to its antiseptic, insecticidal, and industrial uses. Present in cosmetics, medicines, and hygiene products, it is a crucial part of everyday life. Its versatility makes it worth having in both commercial and residential markets.
What is the market size of the Boric Acid Market?
Boric Acid Market Size Was Valued at USD 1.05 Billion in 2024, and is Projected to Reach USD 1.61 Billion by 2032, Growing at a CAGR of 5.45% from 2025-2032.
