“According to the Environmental Protection Agency (EPA), three phytotoxicity studies to further assess the risks of boric acid and its sodium salts to non-target plants and endangered plant species are required. However, these studies are not part of the target database and do not affect the reregistration eligibility of boric acid and related active ingredients. The Agency also is requiring product-specific data including product chemistry, acute toxicity, and efficacy studies, revised Confidential Statements of Formula, and revised product labeling for reregistration.”
According the report, Rising Demand of Borosilicate Glass
is one of the primary growth factors for the market. Rising Demand for Glass and Fiberglass in Construction
is also expected to contribute significantly to the Boric Acid market. Overall, Industrial
applications of Boric Acid, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Boric Acid market identified that the demand is rising in many different parts of the world as "Rising Demand of Boric Acid for Manufacturing Automotive Glass and Fiberglass
"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Boric Acid market by Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Boric Acid market and other related sub-markets covered in the study.
o Key & emerging players in the Boric Acid market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Boric Acid market size is calculated using market estimation process, the Boric Acid market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Boric Acid market size has been validated using both top-down and bottom-up approaches.