The North America Boric Acid Market would witness market growth of 4.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 202.7 kilo tonnes, showcasing a growth of 3.9% (2019-2022).
Boric acid is widely employed as a natural and effective insecticide. It controls pests such as ants, cockroaches, termites, and silverfish. Boric acid disrupts the digestive system of insects, leading to their eventual demise. In nuclear reactors ' control systems, boric acid is used as a neutron absorber. By adjusting the concentration of boric acid in the reactor coolant, operators can control the rate of nuclear reactions and maintain reactor stability. Boric acid is used to preserve wood from decay and insect infestation. Wood treated with boric acid exhibits enhanced resistance to fungal growth and wood-boring insects.
Boric acid finds application in producing photographic chemicals, particularly in developing certain photographic emulsions. Its role in this industry highlights its importance in niche applications. In electronics manufacturing, boric acid is used as a flux in soldering. It helps remove metal oxides from surfaces, facilitating the soldering process and improving the quality of electronic connections. Boric acid is a component in some household cleaning agents due to its disinfectant properties. It is effective against various bacteria and fungi, making it useful for maintaining a hygienic environment.
The rising manufacture of electronic components and devices in Canada may increase demand for boric acid-based fluxes. As the electronics manufacturing sector expands in Canada, particularly in producing displays, sensors, and electronic packaging, there can be an increased demand for boric acid in glass and ceramic manufacturing. Hence, the factors mentioned above will drive the regional market growth.
The US market dominated the North America Boric Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $270.1 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico would exhibit a CAGR of 6% during (2023 - 2030).
Free Valuable Insights: The Boric Acid Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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
North America 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)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Boric Acid Market, 2019 - 2022, USD Million
TABLE 2 North America Boric Acid Market, 2023 - 2030, USD Million
TABLE 3 North America Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 6 North America Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 7 North America Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Industrial Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Industrial Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Pharmaceutical Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Pharmaceutical Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Pharmaceutical Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Pharmaceutical Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 22 North America Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 23 North America Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Construction Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Construction Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Agriculture Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Agriculture Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Electronics Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Electronics Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Pharmaceutical & Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Pharmaceutical & Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Pharmaceutical & Healthcare Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Pharmaceutical & Healthcare Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Boric Acid Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Boric Acid Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Boric Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Boric Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 US Boric Acid Market, 2019 - 2022, USD Million
TABLE 54 US Boric Acid Market, 2023 - 2030, USD Million
TABLE 55 US Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 56 US Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 57 US Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 58 US Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 59 US Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 60 US Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 61 US Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 62 US Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 63 US Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 64 US Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Boric Acid Market, 2019 - 2022, USD Million
TABLE 66 Canada Boric Acid Market, 2023 - 2030, USD Million
TABLE 67 Canada Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 70 Canada Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 71 Canada Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 74 Canada Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 75 Canada Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Boric Acid Market, 2019 - 2022, USD Million
TABLE 78 Mexico Boric Acid Market, 2023 - 2030, USD Million
TABLE 79 Mexico Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 82 Mexico Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 83 Mexico Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 86 Mexico Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 87 Mexico Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Boric Acid Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Boric Acid Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Boric Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Boric Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Boric Acid Market by Grade, 2019 - 2022, USD Million
TABLE 94 Rest of North America Boric Acid Market by Grade, 2023 - 2030, USD Million
TABLE 95 Rest of North America Boric Acid Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Boric Acid Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Boric Acid Market by End-use, 2019 - 2022, USD Million
TABLE 98 Rest of North America Boric Acid Market by End-use, 2023 - 2030, USD Million
TABLE 99 Rest of North America Boric Acid Market by End-use, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Boric Acid Market by End-use, 2023 - 2030, Kilo Tonnes
TABLE 101 key Information – Rio Tinto PLC
TABLE 102 Key Information – Rose Mill Co.
TABLE 103 Key Information – Minera Santa Rita S.R.L.
TABLE 104 Key Information – speed international india pvt. ltd.
TABLE 105 Key Information – quiborax S.A.
TABLE 106 Key Information – Gujarat Boron derivatives pvt. ltd.
TABLE 107 Key Information – eti maden
TABLE 108 Key Information – 3M Company
TABLE 109 Key Information – BASF SE
TABLE 110 Key Information – Avantor, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Boric Acid Market share by Grade, 2022
FIG 6 North America Boric Acid Market share by Grade, 2030
FIG 7 North America Boric Acid Market by Grade, 2019 - 2030, USD Million
FIG 8 North America Boric Acid Market share by End-use, 2022
FIG 9 North America Boric Acid Market share by End-use, 2030
FIG 10 North America Boric Acid Market by End-use, 2019 - 2030, USD Million
FIG 11 North America Boric Acid Market share by Country, 2022
FIG 12 North America Boric Acid Market share by Country, 2030
FIG 13 North America 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.