Product Code: ETC082319 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Boric Acid market currently, in 2023, has witnessed an HHI of 5371, Which has increased slightly as compared to the HHI of 4126 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) Boric Acid market has witnessed steady growth, driven by its extensive use in various industries such as agriculture, ceramics, and pharmaceuticals. Boric acid, a white crystalline compound, is a valuable chemical with diverse applications, making it an essential commodity in the UAE. The country`s growing agricultural sector, construction activities, and pharmaceutical manufacturing have contributed to the rising demand for boric acid.
Several factors have fueled the growth of the UAE Boric Acid market. Firstly, the increasing use of boric acid as a vital ingredient in fertilizers to improve soil fertility and crop yield has driven its demand in the agricultural sector. Secondly, boric acid`s role as a fluxing agent in ceramic production has propelled its usage in the ceramics industry. Additionally, the pharmaceutical sector`s reliance on boric acid for manufacturing eye drops and ointments has contributed to the market`s expansion.
Despite its growth, the UAE Boric Acid market faces certain challenges. One major challenge is the limited availability of raw materials for boric acid production in the UAE, necessitating imports from other countries. Fluctuations in international prices and supply disruptions can impact the cost of boric acid in the local market. Additionally, the need for compliance with stringent environmental regulations and safety standards in handling boric acid poses challenges to manufacturers.
The Covid-19 pandemic had a mixed impact on the UAE Boric Acid market. While the construction and manufacturing sectors experienced setbacks due to lockdowns and disruptions in supply chains, the demand for pharmaceutical products, including boric acid-based medications, witnessed a surge during the pandemic. The pharmaceutical industry`s focus on producing essential medical supplies during the pandemic drove the demand for boric acid in the UAE.
In the UAE Boric Acid market, several key players have a significant presence. Companies such as Borax Europe Limited, 3M, and U.S. Borax Inc. are among the major contributors to the market, supplying boric acid for various industrial applications. These key players have established themselves as reliable suppliers, meeting the diverse needs of customers in the UAE. Their commitment to product quality, sustainability, and customer satisfaction has positioned them as leaders in the UAE Boric Acid market, contributing to the country`s industrial growth and development.
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 United Arab Emirates (UAE) Boric Acid Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Boric Acid Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Boric Acid Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 United Arab Emirates (UAE) Boric Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Boric Acid Market Trends |
6 United Arab Emirates (UAE) Boric Acid Market, By Types |
6.1 United Arab Emirates (UAE) Boric Acid Market, By Purity |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Purity, 2018 - 2031F |
6.1.3 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By <99%, 2018 - 2031F |
6.1.4 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By ?99%, 2018 - 2031F |
6.2 United Arab Emirates (UAE) Boric Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Flame Retardants, 2018 - 2031F |
6.2.3 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Ceramics And Fiberglass, 2018 - 2031F |
6.2.4 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Wood Preservatives, 2018 - 2031F |
6.2.5 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Nutritional Supplements, 2018 - 2031F |
6.2.6 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Pest Control, 2018 - 2031F |
6.2.7 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.3 United Arab Emirates (UAE) Boric Acid Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Pharmaceutical, 2018 - 2031F |
6.3.3 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Agricultural, 2018 - 2031F |
6.3.4 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Chemical Processing, 2018 - 2031F |
6.3.5 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Building & Construction, 2018 - 2031F |
6.3.6 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Nuclear, 2018 - 2031F |
6.3.7 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 United Arab Emirates (UAE) Boric Acid Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Wholesale, 2018 - 2031F |
6.4.3 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By E-Commerce, 2018 - 2031F |
6.4.4 United Arab Emirates (UAE) Boric Acid Market Revenues & Volume, By Retail Shop, 2018 - 2031F |
7 United Arab Emirates (UAE) Boric Acid Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Boric Acid Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Boric Acid Market Imports from Major Countries |
8 United Arab Emirates (UAE) Boric Acid Market Key Performance Indicators |
9 United Arab Emirates (UAE) Boric Acid Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Boric Acid Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Boric Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Boric Acid Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Boric Acid Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 United Arab Emirates (UAE) Boric Acid Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Boric Acid Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Boric Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |