HomeBUSINESSBoric Acid Prices, Trends & Forecasts | Provided by Procurement Resource

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

Boric Acid (H3BO3) is a crystalline acidic compound that is a weak acid. It is found in a white powdered form. It is an odorless chemical and is soluble in water. It is prepared by reacting borax with hydrochloric acid.

Boric Acid comprises three atoms of hydrogen, an atom of boron, and three atoms of oxygen, showing three hydroxyl atoms attached to the boron atom. The boiling and melting point measures around 158° C and 300° C, respectively.

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The key importing countries for Boric Acid are Taiwan, China, and Netherlands. On the other hand, the key exporting countries include the United States, Germany, and Belgium.

Key Details About the Boric Acid Price Trend:

Procurement 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:

Boric Acid is a weak acid compound with antifungal, antiseptic, and antiviral properties, making it useful in the medical industry. It acts as an antiseptic to treat cuts and wounds and for dressing. It is also used as an insecticide, flame retardant, neutron absorber, etc.

Boric Acid constitutes antibacterial properties, which are used to treat acne and is used for eyewash. It prevents the athlete’s foot and is used by people as a powder sprinkled in their socks and shoes. Blacksmiths use Boric Acid for electroplating and welding flux. Moreover, it is used as a lubricant, prevents rice and wheat from spoiling, and is also utilized in nuclear reactors, produces silly putty, is used by jewelry shops, and much more.

Key Players:

  • BASF
  • Eti Maden
  • 3M

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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