Product Code: ETC082303 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Boric Acid Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 2.79% in 2025, the growth rate steadily ascends to 4.45% in 2029.
The India boric acid market is projected to witness significant growth during the forecast period. The growing demand for chemical intermediates and inorganic compounds from various end-user industries such as pharmaceuticals, agriculture, and construction are expected to bolster the market???s growth. Moreover, increasing use of boron compounds in nuclear plants is also likely to drive the market`s growth over the forecast period. Additionally, rising production of borax and other derivatives fuels its global demand which further provides a positive Outlook for the India Boric Acid Market during this period. Meanwhile, stringent government regulations on environmental issues may create some challenges for players operating in this industry.
1. Growing Demand from End User Industries 2. Increasing Use of Boron Compounds in Nuclear Plants 3. Rising Production of Borax & Other Derivatives
1) Availability Of Substitutes : With availability of substitutes like hydrochloric acid , phosphates etc , they can easily substitute or replace BORIC ACID thus affecting its overall consumption. This challenge could hamper all efforts made by companies operating within this space leading them towards less profits & revenues. 2) Price Volatility : Due to price fluctuation associated with raw material cost required for production , it often becomes difficult for manufacturers & suppliers alike to maintain necessary pricing margins while offering competitive rates. As most buyers prefer lower prices due to current economic conditions , it may lead towards decreased sale volumes if not properly managed by respective stakeholders.
Some prominent players operating within India Borate Acid Industry include Gujarat Borax & Chemicals Ltd., MPS Chemicals Pvt Ltd., Zircon Minerals (India)-M/s Sudarshan Minchem Limited , Kedia Minerals(Granite Mines), Udaipur Soapstone Talc Pvt Ltd., Shree Ganesh Chemical Company etc
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Boric Acid Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Boric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 India Boric Acid Market - Industry Life Cycle |
3.4 India Boric Acid Market - Porter's Five Forces |
3.5 India Boric Acid Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 India Boric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Boric Acid Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.8 India Boric Acid Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Boric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Boric Acid Market Trends |
6 India Boric Acid Market, By Types |
6.1 India Boric Acid Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 India Boric Acid Market Revenues & Volume, By Purity, 2018 - 2031F |
6.1.3 India Boric Acid Market Revenues & Volume, By <99%, 2018 - 2031F |
6.1.4 India Boric Acid Market Revenues & Volume, By ?99%, 2018 - 2031F |
6.2 India Boric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Boric Acid Market Revenues & Volume, By Flame Retardants, 2018 - 2031F |
6.2.3 India Boric Acid Market Revenues & Volume, By Ceramics And Fiberglass, 2018 - 2031F |
6.2.4 India Boric Acid Market Revenues & Volume, By Wood Preservatives, 2018 - 2031F |
6.2.5 India Boric Acid Market Revenues & Volume, By Nutritional Supplements, 2018 - 2031F |
6.2.6 India Boric Acid Market Revenues & Volume, By Pest Control, 2018 - 2031F |
6.2.7 India Boric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 India Boric Acid Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 India Boric Acid Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.3.3 India Boric Acid Market Revenues & Volume, By Agricultural, 2018 - 2031F |
6.3.4 India Boric Acid Market Revenues & Volume, By Chemical Processing, 2018 - 2031F |
6.3.5 India Boric Acid Market Revenues & Volume, By Building & Construction, 2018 - 2031F |
6.3.6 India Boric Acid Market Revenues & Volume, By Nuclear, 2018 - 2031F |
6.3.7 India Boric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 India Boric Acid Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Boric Acid Market Revenues & Volume, By Wholesale, 2018 - 2031F |
6.4.3 India Boric Acid Market Revenues & Volume, By E-Commerce, 2018 - 2031F |
6.4.4 India Boric Acid Market Revenues & Volume, By Retail Shop, 2018 - 2031F |
7 India Boric Acid Market Import-Export Trade Statistics |
7.1 India Boric Acid Market Export to Major Countries |
7.2 India Boric Acid Market Imports from Major Countries |
8 India Boric Acid Market Key Performance Indicators |
9 India Boric Acid Market - Opportunity Assessment |
9.1 India Boric Acid Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 India Boric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Boric Acid Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.4 India Boric Acid Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Boric Acid Market - Competitive Landscape |
10.1 India Boric Acid Market Revenue Share, By Companies, 2024 |
10.2 India Boric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |