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Aug 12, 2023

Boric acid Prices, Trends & Forecasts

Boric acid is a weak and monobasic Lewis acid that has a white crystalline solid

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.

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.

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.

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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