Boric Acid Industry Company Overview, Statistics, Regional Economy, Development and Forecast to 2030
Market Overview Boric Acid Market is projected to be worth USD 1,169.89 Million by 2030, registering a CAGR of 5.8% during the forecast period (2022- 2030). Even if borosilicate glass over quite some time has been showing a good demand, there is no doubt that in covid times due to pandemic crises, the market got hit very badly. As the other industries got paused be it construction or manufacturing, the market was hit in all countries and considering the market for boric acid there was no exemption. However, as the ban is getting uplifted and many countries are not in the pandemic crises anymore, it is expected that the demand for the Boric Acid Market is likely to upscale again in full swing. You may see some better outcomes for the same in the coming years. It is also likely to meet its goal of certain million dollars to be reached during the forecast timelines. Besides, there are construction industries that are showing growth opportunities in the global acid market. Boric acid is