Japan Boric Acid Market

Japan Boric Acid Market Size Insights Forecasts to 2035

• The Japan Boric Acid Market Size Was Estimated at USD 49.7 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 5.06% from 2025 to 2035
• The Japan Boric Acid Market Size is Expected to Reach USD 85.5 Million by 2035

According to a Research Report Published by Decisions Advisors & Consulting, The Japan Boric Acid Market Size is anticipated to Reach USD 85.5 Million by 2035, Growing at a CAGR of 5.06% from 2025 to 2035. The boric acid market in Japan is driven by its expanding nuclear power sector needing boric acid for reactor safety, rising agricultural use as a micronutrient fertilizer, and increasing demand from glass and ceramics manufacturing, fueling overall growth in the boric acid market.

Market Overview

The boric acid market is made up of the production and distribution to sales of boric acid (H?BO?). Boric acid has a wide variety of applications, used not only in nuclear power systems, but also in agriculture, glass and ceramic manufacturing, cosmetics, detergents, and pharmaceuticals. Within these industries, boric acid can be used as an additive to reactor cooling systems, micronutrient fertilizers, flame retardants, antiseptic agents, and pH stabilizers, among other things. Oversight through government regulation ensures that boric acid is used safely as a fertiliser, industrial chemical (e.g., glass), and for nuclear applications. Companies producing boric acid, such as Stella Chemifa, provide very high-purity and enrichment products that serve specific needs. Research and development within this sector continue to advance towards a greater purity of product, through the use of better industrial formulations and more energy-efficient manufacturing processes. Examples of additional markets are shown within electronics, specialty glass, existence of fiberglass, and agriculture. In the near future, an increase in the Price of Boric Acid will be seen due to an increase in demand across multiple industries, continuing to show Japan's reliance on both imported and domestically supplied high-value boric acid.

Report Coverage

This research report categorizes the market for the Japan boric acid market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan boric acid market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan boric acid market.

Driving Factors

The boric acid market in Japan is driven by the country's diverse industrial needs in a variety of sectors, including nuclear energy, agriculture, and the manufacturing of glass and ceramic products. The primary use of boric acid in nuclear reactors is to absorb neutrons as part of the safety system. In agriculture, boric acid is very important as a tiny micronutrient that contributes to improved soil health and greater crop yields. The rapidly growing glass and fiberglass industries and electronics manufacturers are also increasing the demand for boric acid for its function as a flux agent and additive, resulting in growth in the market. Even the increasing supply limitations and the reliance on imports will help to support future domestic demand.

Restraining Factors

The boric acid market in Japan is mostly constrained by dependence on imported boron ores, price volatility, and strict environmental regulations governing chemical use. Fluctuating global supply and high production costs limit domestic expansion and affect overall market stability.

Market Segmentation

The Japan boric acid market share is classified into purity and end user.

• The ≥99% segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan boric acid market is segmented by purity into <99% and ≥99%. Among these, the ≥99% segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Japan's boric acid market is dominated by the ≥99% purity segment because of the high demand in nuclear, electronics, and specialist industrial applications, where impurities must be kept to a minimum.

• The nuclear segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan boric acid market is segmented by end user into pharmaceuticals, agricultural, chemical processing, building and construction, nuclear, and others. Among these, the nuclear segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Boric acid is consistently in high demand in this industry due to Japan's reliance on nuclear power and strict safety regulations. While they contribute to overall consumption, other end users, like chemicals and agriculture, make less money than the high-purity boric acid needed for nuclear applications.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan boric acid market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Stella Chemifa Corporation        
• Tomiyama Pure Chemical Industries, Ltd.            
• Nippon Denko Co., Ltd.
• Toagosei Co., Ltd.           
• Resonac K.K.     
• Sumitomo Chemical Co., Ltd.     
• Kanto Chemical Co., Inc.             
• Shoko Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments:

• In February 2025, a market analysis report completed by Survey Reports, the demand for boric acid is anticipated to remain strong until 2033 due to the increased utilization of boric acid in industrial and agricultural applications within Japan.
• In May 2023, Stella Chemifa Company Ltd. released a statement indicating that it would be modifying and consolidating the filling equipment used for filling small to medium-sized containers at the company's Sanpo Factory. This change is due to an increase in demand from manufacturers of semiconductors and other industrial chemicals, which, in turn, may support an increase in the number of products that use boric acid in their formulation.

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the Japan boric acid market based on the below-mentioned segments:

Japan Boric Acid Market, By Purity

• <99%
• ≥99%

Japan Boric Acid Market, By End User

• Pharmaceuticals
• Agricultural
• Chemical Processing
• Building and Construction
• Nuclear
• Others

FAQ’s

Q: What is the Japan boric acid market size?

A: Japan boric acid market size is expected to grow from USD 49.7 million in 2024 to USD 85.5 million by 2035, growing at a CAGR of 5.06% during the forecast period 2025-2035. 

Q: What are the key growth drivers of the market?

A: Market growth is driven by the country's diverse industrial needs in a variety of sectors, including nuclear energy, agriculture, and the manufacturing of glass and ceramic products. The primary use of boric acid in nuclear reactors is to absorb neutrons as part of the safety system. In agriculture, boric acid is very important as a tiny micronutrient that contributes to improved soil health and greater crop yields. The rapidly growing glass and fiberglass industries and electronics manufacturers are also increasing the demand for boric acid for its function as a flux agent and additive, resulting in growth in the market.

Q: What factors restrain the Japan boric acid market?

A: Constraints include dependence on imported boron ores, price volatility, and strict environmental regulations governing chemical use. Fluctuating global supply and high production costs limit domestic expansion and affect overall market stability.

Q: How is the market segmented by end user?

A: The market is segmented into pharmaceuticals, agricultural, chemical processing, building and construction, nuclear, and others.

Q: Who are the key players in the Japan boric acid market?

A: Key companies include Stella Chemifa Corporation, Tomiyama Pure Chemical Industries, Ltd., Nippon Denko Co., Ltd., Toagosei Co., Ltd., Resonac K.K., Sumitomo Chemical Co., Ltd., Kanto Chemical Co., Inc., and Shoko Co., Ltd.

Q: Who are the target audiences for this market report?

A: The report targets market players, investors, end-users, government authorities, consulting and research firms, venture capitalists, and value-added resellers (VARs).