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Disodium Octaborate Tetrahydrate Market: Overview

Disodium octaborate tetrahydrate is an alkaline salt with a strong odor. It is used as a pesticide and insecticide in the form of powder and mothballs. Its solubility in water is low and it is highly volatile, owing to which it is used to control moths, mold and mildew. Disodium octaborate tetrahydrate is used to control insect infestation in crops, it is used as a fumigant for clothes and for ant control. Industrially, disodium octaborate tetrahydrate is used to prevent leather and other fabrics from mold and mildew attack. The vapors of disodium octaborate tetrahydrate are toxic to insects, mildews, and molds. Additionally, disodium octaborate tetrahydrate is used as a flame retardant.

Disodium octaborate tetrahydrate is a broad range insect repellant. It is used as an insect repellant for plums, apricots, nectarines, cherries and other fruits. It controls soil diseases, potato weevil, root aphids, peach tree borer, wire worms and other insects. It is commercially available in the form of an oil suspension, liquid and powder form which is applied at the base of trees especially for peach tree borer control. In the liquid form, disodium octaborate tetrahydrate is diluted and sprayed on wood surfaces to kill termites, fungi, algae and ants. In structural woods, it can be embedded in the form of pellets. It is found to reduce dust mite populations when applied at regular intervals in residential and commercial spaces.

Disodium Octaborate Tetrahydrate Market: Growth Enablers

The growth of the pest management industry for domestic and commercial purposes has been driving the growth of disodium octaborate tetrahydrate market. This trend is expected to continue within the forecast period. Additionally, the increasing use of flame retardants in order to prevent accidents has been augmenting the growth of disodium octaborate tetrahydrate market.

Flame retardants reduce the risk of a fire starting and its propagation. This function increases the time duration available for escaping from a site of fire. However, the use of disodium octaborate tetrahydrate in large concentrations is detrimental to human health; this disadvantage of disodium octaborate tetrahydrate could hamper the growth of this market in the coming years. Bio based disodium octaborate tetrahydrate which are milder on the environment are expected to open new areas of opportunity for the disodium octaborate tetrahydrate market in the coming years.

Disodium Octaborate Tetrahydrate Market: Regional Insight

This market is expected to show phenomenal growth over the next six years primarily due to the growth of the agro-based and building & construction industries. The growing safety regulations with respect to fire have increased the demand for this chemical. The thriving, building & construction industry and agricultural farmlands of Latin America, China and India are the dominant consumers of disodium octaborate tetrahydrate. 

U.S. and Western Europe are anticipated to exhibit moderate demand for disodium octaborate tetrahydrate for flame retardant application. The increasing number of governmental regulations in these regions to incorporate flame retardant additives for consumer safety has been a key factor propelling the growth of this market in the U.S and Western Europe.

Disodium Octaborate Tetrahydrate Market: Key Players

The key players in this market are ABI Chemicals, AK Scientific, Alfa Aesar, Angene, Apollo Scientific Ltd, Conier Chem, Haihang Industry Co. Ltd, Dalian Haokang Electronic Technology Co., Ltd, GFS Chemicals, Finetech Industry, Hangzhou Uniwise International Co., Ltd, Hengyang KT Chemical Co., Ltd, J and K Scientific, Merck Millipore, Sigma – Aldrich, TCI, Wuhan Fortuna Chemical Co., Ltd, Triveni Chemicals and Tractus Co. Ltd among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Disodium Octaborate Tetrahydrate Market

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