Boric acid is utilized in industrial processing and manufacturing and is also used as an additive in pharmaceutical products, cosmetics, lotions, soaps, mouthwash, toothpaste, astringents, and eyewashes. Boric acid is often used as an antiseptic, insecticide, flame retardant, neutron absorber, or precursor to other chemical compounds.
MARKET DYNAMICS
The pharmaceutical boric acid market is anticipated to grow due to the increase in demand for boric acid in ceramics and fiberglass, wood preservatives, nutritional supplements. Moreover, the rise in demand for boric acid in glass formulations to reduce melting temperatures, increase thermal resistance and mechanical strength, and enhance aqueous and chemical durability is estimated to significantly boost the global pharmaceutical boric acid market during the forecast period.
MARKET SCOPE
The "Pharmaceutical Boric Acid Market Analysis to 2028" is a specialized and in-depth study of the pharmaceutical industry with a special focus on the global market trend analysis. The report aims to provide an overview of pharmaceutical boric acid market with detailed market segmentation by type, and application. The pharmaceutical boric acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in pharmaceutical boric acid market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The pharmaceutical boric acid market is segmented on the basis of type and application. Based on type, the market is segmented as powder and liquid. On the basis of application, the market is categorized as hospital, clinic and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the pharmaceutical boric acid market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The pharmaceutical boric acid market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting pharmaceutical boric acid market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the pharmaceutical boric acid market in these regions.
MARKET PLAYERS
The report covers key developments in the pharmaceutical boric acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from pharmaceutical boric acid market are anticipated to have lucrative growth opportunities in the future with the rising demand for pharmaceutical boric acid in the global market. Below mentioned is the list of few companies engaged in the pharmaceutical boric acid market.
The report also includes the profiles of key players in pharmaceutical boric acid market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Rose Mill Co.
- 3M Company
- Avantor Performance Materials, LLC
- Eti Maden
- Hebei Huachen Pharmaceutical
- KRG International
- Minera Santa Rita S.R.L.
- Organic Industries Pvt. Ltd.
- QUIBORAX S.A.
- Russian Bor Concern OJSC
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.