Global boric acid market overview
The boric acid market size has the potential to grow by 264.20 thousand MT during 2020-2024, which is great for boric acid companies and the market’s growth momentum will accelerate during the forecast period. The boric acid market is expected to grow at a CAGR of 4.06% during 2019-2024. APAC will register the highest growth rate of 51.76% among the other regions. Therefore, the boric acid market in APAC is expected to garner significant business opportunities for the vendors during the forecast period. The glass and ceramics segment accounted for the largest market segment in the base year.
Major Boric Acid Players
According to a recent report, the boric acid market is fragmented with the presence of numerous players. These vendors compete based on R&D, quality, price, innovations, marketing strategies, market expansion, investments, and distribution networks. Some vendors have high investment capabilities, and they constantly focus on increasing their production capacities.
Although the increase in demand from developing countries will offer immense growth opportunities, the threat of substitutes will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Top six leading vendors in the global boric acid market
- Avantor Inc
- Minera Santa Rita
- US Borax
- Eti Maden
- Gujarat Boron Derivatives
More than a century ago, 3M started as a small-scale mining venture in Northern Minnesota, then named Minnesota Mining and Manufacturing Company. Now a global powerhouse, their products improve the daily lives of people around the world.
Boric acid products include:
3M™ 11B Enriched Boric Acid
3M™ Enriched Boric Acid 11B is enriched in the 11Boron isotope to very high levels often exceeding accepted standards of the semiconductor industry worldwide. 3M™ Enriched Boric Acid 11B (11EBA) is enriched in the 11Boron isotope to very high levels often exceeding accepted standards of the semiconductor industry worldwide. 3M™ 11B enriched boric acid is one of the basics of our product line and is often used as a precursor in chemical manufacturing. In chemical reactions, 3M enriched products behave much as their natural counterparts.
3M™ 10B Enriched Boric Acid
3M™ 10B Enriched Boric Acid is enriched in the 10B isotope to very high levels and is an extremely proficient neutron absorber – often exceeding accepted quality standards of the nuclear industry worldwide (NQA-1, ISO 9001). We offer material customization for individual reactor conditions, which helps eliminate the need for onsite mixing.
3M™ 10B Enriched Boric Acid is an extremely proficient neutron absorber that is used to help control the reaction in nuclear power plants. Importantly, 10B Enriched Boric Acid meets or exceeds accepted standards of the nuclear industry worldwide (NQA-1, ISO 9001). In chemical reactions, 3M enriched products behave like their natural counterparts.
Applications include neutron-absorbing chemical shim in commercial nuclear power plants
As the delivery channel of Avantor®, a Fortune 500 company, VWR provides access to mission-critical product and service solutions across life sciences and other regulated industries, including pharmaceutical, biotechnology, industrial, education, government, healthcare, and advanced technologies.
Avantor offers an integrated, seamless purchasing experience supported by a strong global distribution network. The global e-commerce platform gives easy, convenient access to an extensive portfolio, including customer brands, as well as those from thousands of other manufacturers. Avantor is a trusted global partner to customers and suppliers in the life sciences and advanced technologies & applied materials industries.
Orthoboric acid, granular, J.T. Baker®
Orthoboric acid 99.5-100.5% (dry basis), granular NF, J.T. Baker®
Orthoboric acid ≥99.5%, granular, AR® ACS, Macron Fine Chemicals™:
Orthoboric acid ≥99.5%, granular NF, Macron Fine Chemicals™ :
Orthoboric acid ≥99%, granular BP, Ph. Eur., JP, NF, Macron Fine Chemicals™:
Orthoboric acid ≥99.5% (by acidimetry), granular, BAKER ANALYZED® ACS, J.T. Baker®:
Orthoboric acid 99.5-100.5% (dry basis), granular NF, Multi-Compendial, J.T. Baker® :
Orthoboric acid ≥99.5% (by acidimetry), granular, Ultrapure Bioreagent Molecular biology grade, J.T. Baker®:
Minera Santa Rita
Minera Santa Rita S.R.L. (MSR) is a family-owned company dedicated to the extraction, production, and international marketing of Borates, its derivatives, and other specialties. The main priorities of the company are quality, customer service, efficiency, and environmental protection. Nowadays, MSR develops several lines of derivative products for specific applications.
Consolidated as a Holding Group, the company provides employment to 200 workers and indirect employment to more than 600 people. Their production strategy is based on vertical integration of the supply chain with exclusive contractors in mineral production, medium-distance transportation, and the manufacturing of its main input: sulfuric acid. The company exports more than two-thirds of its production.
Minera Santa Rita Boric Acid Products
Boric Acid MSR:
Boric acid MSR is a white, crystalline, and free-flowing product used in the ceramic industry, fiberglass, borosilicate glass, wood protection, cellulose insulation, metallurgy, flame retardants, corrosion inhibitors, and in agriculture as fertilizer and growth regulator.
Applications and benefits
Agriculture and Fertilizer
Boron fertilizers are usually mixed with other compounds or NPK fertilizers to correct boron deficiency.
Different Boric Acid compositions can be used as corrosion inhibitors and anti-freezing solutions (mixed with Ethylene Glycol in automobile motor cooling systems), as well as in brewing, heat treating, hydraulic fluids, and treat metallic products.
Wood Preservatives and Pesticides
Borates and specially Boric Acid are very effective in controlling and eliminating insects and fungi. Even though they are not harmful to mammals, they are toxic against cockroaches, ants, scarabs, larvae, and other insects.
Boric Acid is an effective chemical as a flame retardant. It is used on an ample array of products: wood, plywood, textile products, cotton, paper, and cellulose.
Glass and Fibre Glass
Borosilicate chemicals replace sodium oxide as a replacement of sodium oxide, Boric Oxide is Boron compounds that are an important component in optical glass industries as they are used to reduce thermal and mechanical shocks while increasing chemical resistance and durability.
Boron compounds reduce significantly the melting point and can be used as essential ingredients in the production of ceramic frits and borosilicate glazes. Boric Acid is used to control the coefficient of expansion to ensure that the glaze remains fixed with the body without cracking or distorting.
Boron is used as sealing for non-ferrous metals and as a deoxidizer and detoxifier in Metallurgy.
Because it absorbs neutrons, it is used in the production of steep. Traces of boron in steel increase its strength. Boron also eliminates impurities in metallurgist systems, resulting in a high purity material to be used in electrical conductors.
Pharmaceuticals and Cosmetics
Boric Acid is recognized for its application as a pH buffer and as a moderate antiseptic agent and emulsifier. It is a component of ointments, mouth-washes, eye drops, bath salts, creams, and shampoos. It can be used to give the skin a cooling sensation due to its good thermal conductivity. It is also known that boron compounds made with 10B isotope selectively destroy cancer cells.
In 1872, borate deposits were discovered in California’s Death Valley. Several companies sprung up in the region to mine borates. By 1890, they were mostly consolidated into the Pacific Coast Borax Company. In 1956, the Pacific Borax Company merged with the United States Potash Corporation to form U.S. Borax. U.S. Borax, part of Rio Tinto, is a global leader in the supply and science of borates—naturally occurring minerals containing boron and other elements. There are 1,000 people serving 500 customers with more than 1,700 delivery locations globally. They supply 30% of the world’s need for refined borates from our world-class mine in Boron, California, about 100 miles northeast of Los Angeles.
US Borax Boric Acid Products
Optibor boric acids (H3BO3) are pure, multi-functional sources of 20 Mule Team® Borax boric oxide (B2O3). Apart from Neobor® (borax pentahydrate), Optibor is the most widely used industrial borate. Optibor is theoretically composed of boric oxide and water. It can be purchased as granules or as a powder, both of which are stable under normal conditions, free-flowing, and easily handled by means of air or mechanical conveying. In solution, the product is mildly acidic.
From reducing melting temperatures in fiberglass production to inhibiting corrosion in fuel additives, Optibor® has a multitude of uses in numerous industries.
This hard, glassy, granular product is water-soluble, but at a much slower rate than boric acid—and reacts exothermically when wetted. When exposed to the atmosphere, it slowly absorbs water, reverting to boric acid. This pure anhydrous form is ideal where boric acid is required without metals.
A powerful tool in the production of specialty glasses, ceramics, enamels, and welding/soldering fluxes. 20 Mule Team® Borax boric oxide, the pure form of B2O3, is ideal for scenarios that require B2O3 without the presence of metals, or when water would be detrimental.
Eti Maden, established with the mission of operating and making use of boron and boron products with high technology in high standards, designing Turkey’s and world’s future with its team consisting of expert professionals and service quality and visionary approach that conforms to global standards, making boron minerals productive, profitable and sustainable. Boron which is a versatile and sustainable mineral that is sensitive to the environment; is in an important position in terms of the storage of future renewable energy resources. Boron and boron products, which have become a strategic product with the civilian and military field effect, have wide use areas in many industries.
Eti Maden Operations General Directorate provides a direct contribution to many sectors by producing highly productive boron products in its facilities of world standards. It is a global institution that operates in mining, metallurgy, chemistry etc. industries with Bandırma Boron and Acid Factories (Balıkesir), Kırka Boron Works (Eskişehir), Emet Boron Works (Kütahya), Bigadiç Boron Works (Balıkesir) , Bandırma Logistics unit, overseas agencies and affiliates.
Eti Maden Boric Acid Products
Boric acid normal sulphate granular
Boric acid low sulphate granular
Boric acid ultra-low sulphate granular
Boric acid ultra-low sulphate powder
Boric acid powder
Gujarat Boron Derivatives
Gujarat Boron Derivatives Pvt. Ltd. is a part of a conglomerate of Indian companies specializing in manufacturing and marketing Inorganic Chemicals and intermediates. They manufacture a wide range of products including Boron Compounds, Cobalt Salts, Ceramic Colours, and Magnesium Nitrate. Initiatives are directed towards the process development of industry-specific customized chemicals and allied compounds through research and development.
Products have applications in Dyes & Pigments, the Glass Industry, Ceramics, in Agrochemicals, Adhesive Manufacture, and the Steel industry.
Boric Acid Products
Boric Acid – Purity : 99.5% Min.
Boron Trioxide (B2O3) : 56% Min.
Sulfate (SO4): 130 ppm Max.