LAMEA Boric Acid Market Size, Share & Trends Analysis Report By Grade (Industrial, Pharmaceutical, and Others), By End-use (Construction, Agriculture, Automotive, Electronics, Pharmaceutical & Healthcare, and Others), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Boric Acid Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 92.6 kilo tonnes, showcasing a growth of 6.8% (2023-2030).

The overall push towards sustainable and eco-friendly products has influenced the development of bio-based and biodegradable materials. Boric acid has found applications in producing biodegradable plastics, aligning with the increasing demand for environmentally responsible alternatives in packaging and other industries. The heightened awareness of health and hygiene, especially in the wake of health crises, has influenced the use of boric acid in personal care products. Its antiseptic and antifungal properties make it a sought-after ingredient in skincare and haircare formulations, contributing to the trend of natural and effective personal care products.

The exploration of boric acid in nanotechnology has opened new possibilities. Nano-sized boric acid particles exhibit unique properties, leading to drug delivery and advancements in electronic components. This trend reflects a convergence of boric acid with cutting-edge technologies. Consumer preferences for natural and sustainable products extend to various industries, including cosmetics, personal care, and agriculture. The use of boric acid in these applications aligns with the trend of offering products perceived as safer, eco-friendly, and in harmony with nature.

According to the International Trade Administration, in 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In Saudi Arabia, 556,000 vehicles were sold in 2019 and 436,000 in 2020. Thus, due to these aspects, the boric acid market will expand across the LAMEA region in upcoming years.

The Brazil market dominated the LAMEA Boric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $35 Million by 2030. The Argentina market is showcasing a CAGR of 7.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.9% during (2023 - 2030).

Free Valuable Insights: The Worldwide Boric Acid Market is Projected to reach USD 1.5 Billion by 2030, at a CAGR of 5.3%

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 Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA Boric Acid Market Report Segmentation

By Grade (Volume, Killo Tonnes, USD Billion, 2019-2030)

• Industrial
• Pharmaceutical
• Others

By End Use (Volume, kilo Tonnes, USD Billion, 2019-2030)

• Construction
• Agriculture
• Automotive
• Electronics
• Pharmaceutical & Healthcare
• Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Boric Acid Market, by Grade
1.4.2 LAMEA Boric Acid Market, by End-Use
1.4.3 LAMEA 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
3.2 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. LAMEA Boric Acid Market by Grade
4.1 LAMEA Industrial Market by Country
4.2 LAMEA Pharmaceutical Market by Country
4.3 LAMEA Others Market by Country

Chapter 5. LAMEA Boric Acid Market by End-use
5.1 LAMEA Construction Market by Country
5.2 LAMEA Agriculture Market by Country
5.3 LAMEA Automotive Market by Country
5.4 LAMEA Electronics Market by Country
5.5 LAMEA Pharmaceutical & Healthcare Market by Country
5.6 LAMEA Others Market by Country

Chapter 6. LAMEA Boric Acid Market by Country
6.1 Brazil Boric Acid Market
6.1.1 Brazil Boric Acid Market by Grade
6.1.2 Brazil Boric Acid Market by End-use
6.2 Argentina Boric Acid Market
6.2.1 Argentina Boric Acid Market by Grade
6.2.2 Argentina Boric Acid Market by End-use
6.3 UAE Boric Acid Market
6.3.1 UAE Boric Acid Market by Grade
6.3.2 UAE Boric Acid Market by End-use
6.4 Saudi Arabia Boric Acid Market
6.4.1 Saudi Arabia Boric Acid Market by Grade
6.4.2 Saudi Arabia Boric Acid Market by End-use
6.5 South Africa Boric Acid Market
6.5.1 South Africa Boric Acid Market by Grade
6.5.2 South Africa Boric Acid Market by End-use
6.6 Nigeria Boric Acid Market
6.6.1 Nigeria Boric Acid Market by Grade
6.6.2 Nigeria Boric Acid Market by End-use
6.7 Rest of LAMEA Boric Acid Market
6.7.1 Rest of LAMEA Boric Acid Market by Grade
6.7.2 Rest of LAMEA 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

TABLE 1 LAMEA Boric Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Boric Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 6 LAMEA Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 7 LAMEA Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Industrial Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Industrial Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 22 LAMEA Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 23 LAMEA Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Construction Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Construction Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Electronics Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Electronics Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Pharmaceutical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Pharmaceutical & Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Pharmaceutical & Healthcare Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Pharmaceutical & Healthcare Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Boric Acid Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Boric Acid Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Boric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Boric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 Brazil Boric Acid Market, 2019 - 2022, USD Million
TABLE 54 Brazil Boric Acid Market, 2023 - 2030, USD Million
TABLE 55 Brazil Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Brazil Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Brazil Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 58 Brazil Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 59 Brazil Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 60 Brazil Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 61 Brazil Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 62 Brazil Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 63 Brazil Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 64 Brazil Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 65 Argentina Boric Acid Market, 2019 - 2022, USD Million
TABLE 66 Argentina Boric Acid Market, 2023 - 2030, USD Million
TABLE 67 Argentina Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Argentina Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Argentina Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 70 Argentina Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 71 Argentina Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 72 Argentina Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 73 Argentina Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 74 Argentina Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 75 Argentina Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 Argentina Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 UAE Boric Acid Market, 2019 - 2022, USD Million
TABLE 78 UAE Boric Acid Market, 2023 - 2030, USD Million
TABLE 79 UAE Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 UAE Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 UAE Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 82 UAE Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 83 UAE Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 84 UAE Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 85 UAE Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 86 UAE Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 87 UAE Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 88 UAE Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 89 Saudi Arabia Boric Acid Market, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Boric Acid Market, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Saudi Arabia Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Saudi Arabia Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 95 Saudi Arabia Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 96 Saudi Arabia Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 97 Saudi Arabia Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 98 Saudi Arabia Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 99 Saudi Arabia Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 100 Saudi Arabia Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 101 South Africa Boric Acid Market, 2019 - 2022, USD Million
TABLE 102 South Africa Boric Acid Market, 2023 - 2030, USD Million
TABLE 103 South Africa Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 104 South Africa Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 105 South Africa Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 106 South Africa Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 107 South Africa Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 108 South Africa Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 109 South Africa Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 110 South Africa Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 111 South Africa Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 112 South Africa Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 113 Nigeria Boric Acid Market, 2019 - 2022, USD Million
TABLE 114 Nigeria Boric Acid Market, 2023 - 2030, USD Million
TABLE 115 Nigeria Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Nigeria Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Nigeria Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 118 Nigeria Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 119 Nigeria Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 120 Nigeria Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 121 Nigeria Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 122 Nigeria Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 123 Nigeria Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 124 Nigeria Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 125 Rest of LAMEA Boric Acid Market, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Boric Acid Market, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 128 Rest of LAMEA Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 129 Rest of LAMEA Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 130 Rest of LAMEA Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 131 Rest of LAMEA Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 132 Rest of LAMEA Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of LAMEA Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 134 Rest of LAMEA Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 135 Rest of LAMEA Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of LAMEA 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.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Boric Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Boric Acid Market
FIG 4 Porter’s Five Forces Analysis - Boric Acid Market
FIG 5 LAMEA Boric Acid Market share by Grade, 2022
FIG 6 LAMEA Boric Acid Market share by Grade, 2030
FIG 7 LAMEA Boric Acid Market by Grade, 2019 - 2030, USD Million
FIG 8 LAMEA Boric Acid Market share by End-use, 2022
FIG 9 LAMEA Boric Acid Market share by End-use, 2030
FIG 10 LAMEA Boric Acid Market by End-use, 2019 - 2030, USD Million
FIG 11 LAMEA Boric Acid Market share by Country, 2022
FIG 12 LAMEA Boric Acid Market share by Country, 2030
FIG 13 LAMEA Boric Acid Market by Country, 2019 - 2030, USD Million
FIG 14 Swot Analysis: Rio Tinto PLC
FIG 15 Swot Analysis: Rose Mill Co.
FIG 16 Swot Analysis: Minera Santa Rita S.R.L.
FIG 17 Swot Analysis: Speed International India Pvt. Ltd.
FIG 18 Swot Analysis: Quiborax S.A.
FIG 19 Swot Analysis: Gujarat Boron Derivatives Pvt. Ltd.
FIG 20 Swot Analysis: Eti Maden
FIG 21 SWOT Analysis: 3M Company
FIG 22 SWOT Analysis: BASF SE
FIG 23 Swot Analysis: Avantor, Inc.