Anbydrous Borax Market size was valued at USD 650 Million in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 1.02 Billion by 2033.
In 2022, the global anhydrous borax market was valued at approximately USD 2.3 billion, with a compound annual growth rate (CAGR) of 6.3% projected through 2028. Asia Pacific led the market, accounting for 35% of global revenue, driven by industrial expansion. North America followed with a 28% share, while Europe contributed 22%. Latin America and the Middle East & Africa (MEA) represented 7% and 8% respectively.The glass application segment dominated in 2022, contributing 40% to the total revenue. Metallurgy followed with 30%, and is projected to grow at the fastest rate during the forecast period due to increasing industrial usage in steel and alloy production. Opportunities for market growth are particularly strong in emerging economies, where industrialization is rapidly advancing, and in the renewable energy sector, where anhydrous borax is used in photovoltaic glass production.
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Borax
Searles Valley Minerals
Rose Mill Company
Liaobin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Anbydrous Borax Market
Industrial Cleaning
Cosmetics & Personal Care
Glass & Ceramics Manufacturing
Antiseptic & Disinfectants
Powder
Granules
Textile Industry
Chemicals Manufacturing
Pharmaceuticals
Food Processing
Direct Sales
Online Retail
Distributors
Technical Grade
Industrial Grade
Pharmaceutical Grade
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Anbydrous Borax Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Anbydrous Borax Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Anbydrous Borax Market, By Type
6. Global Anbydrous Borax Market, By Application
7. Global Anbydrous Borax Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Anbydrous Borax Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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