Boric acid Prices, Trends & Forecasts | Provided by Procurement Resource    

Boric acid is a weak and monobasic Lewis acid that has a white crystalline solid structure present in the form of a colourless crystal or as a fine powder. The weak acid is slightly acidic and comprises boron, oxygen, and hydrogen atoms.

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It can be created from borax (sodium borate) or other borate minerals using an acidification process. Its respective melting and boiling point is 170.9°C and 300°C. It is soluble in water and glycerol but does not dissolve in alcohol and ether.

Key Details About the Boric acid Price Trend:

Pocurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Boric acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Boric acid Price chart, including India Boric acid price, USA Boric acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Boric acid Price Trend:

Price Trend

Boric acid is extensively employed in various end-use industries like agriculture, glass, ceramics, and pharmaceuticals. Furthermore, it is widely employed in agriculture and horticulture as an insecticide and pesticide to prevent the growth of pests and insects in crops and plants, which furthers the market demand. In addition, it works like a flame retardant in several applications, including plastics, polymers, and textiles which furthers the market demand. In the medical and pharmaceutical industries, the acid finds use as an antiseptic and preservative. Also, the increased demand for the acid for manufacturing LCD glass panels for electronic devices like computers, cellphones, laptops, and televisions will likely create further market demand for the commodity.

Key Players:

  • BASF
  • Eti Maden
  • 3M

News & Recent Development

  • 24th May 2023- It is found that refined boric acid can be used in gypsum board (drywall) slurry to solve the over-drying issues as it resettles to the surface of the board, forming a thin layer and prevents calcination. It also transforms the structure of gypsum crystals which improves the final product's density and mechanical strength without having an impact on the board's overall weight.

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