- Boric acid is a versatile compound widely used in industries such as agriculture, glass production, and renewable energy. It serves as a flame retardant, antiseptic, and insecticide, among other applications
- The demand for Boric Acid is significantly driven by its role in enhancing crop yields, improving soil health, and its use in industrial cleaning products and flame retardants
- The Asia-Pacific region stands out as one of the dominant markets for Boric Acid, driven by strong demand in agriculture, ceramics, and glass industries, particularly in rapidly growing economies such as China and India
- For instance, the construction sector in countries such as India and China has seen a surge in demand for fiberglass, which uses Boric Acid as a key component
- Globally, Boric Acid is recognized for its environmental benefits, such as its role in renewable energy technologies like solar panels, and its increasing application in personal care products
