Borax Pentahydrate Market to Record a CAGR of 3.6%, Detergents and Bleach to be top Revenue-Generating Application
Borax Pentahydrate Market
The Global Borax Pentahydrate Market is projected to be US$ 654.9 in 2020 to reach US$ 924.6 by 2030 at a CAGR of 3.6%.
NEW YORK CITY, NEW YORK, UNITED STATES, October 14, 2022 /EINPresswire.com/ -- Borax pentahydrate is a white, powdery substance that is used in a variety of applications such as detergents, cosmetics, and enamels. It is an essential component in the production of boric acid and other boron compounds. The increasing demand for boric acid from the construction and automotive industries is expected to drive the growth of the borax pentahydrate market.
The Asia-Pacific region is expected to be the largest consumer of borax pentahydrate due to the growing demand from China and India. North America and Europe are also expected to witness significant growth due to the recovering construction industry.
Data analyses from our study shows that there will be enormous commercial opportunities for Borax Pentahydrate manufacturers over the coming years, given the number of high-revenue-generating biologics that will go off patent in the next five years, and promising revenue forecasts for Borax Pentahydrate in late-stage development.
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The report covers an exhaustive analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Geographically, the Borax Pentahydrate market can be broken down into North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and Rest of the World (ROW). A regional outlook can help you understand the product revenue, growth rate and volume for various countries. This information allows users to create a marketing strategy that is specific to their region. A research report can help you discover new opportunities for the product/service within different regions.
Companies mentioned:
Rio Tinto Plc (U.S. Borax Incorporated)
Etimaden
Searles Valley Minerals Inc.
Orocobre Limited
Shanghai Yixin Chemical Co. Ltd
Rose Mill Co.
Dhairya International
Fluobor India Pvt. Ltd.
Shree Sai Shraddha Industries
Maas Graphite & Carbon Products
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Market Segmentation & Coverage:
Worldwide Borax Pentahydrate Market Segmentation
Analysis by Product Type
Borax Decahydrate (Na2B4O7·10H2O)
Anhydrous Borax
Sodium Tetraborate (Na2B4O7)
Borax Pentahydrate (Na2B4O7·5H2O)
Analysis by Applications
Glasses and Fiber Glass
Glazes and Enamels
Detergents and Bleach
Flame Retardancy
Other Applications
Segmentation by Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
Market dynamics scenario, along with growth opportunities of the market in the years to come
The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions)
This report answers the following 12 key questions
Is Borax Pentahydrate a booming industry?
How big is the Borax Pentahydrate Market?
How fast is the Borax Pentahydrate industry growing?
Who are the key players in Borax Pentahydrate?
Which industry uses Borax Pentahydrate the most?
What is the Borax Pentahydrate market growth?
Which region held the largest Borax Pentahydrate market share?
What are the factors driving the Borax Pentahydrate Market?
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Borax Pentahydrate Market Size to Hit Around USD 1.9 billion by 2027
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