Boric Acid Manufacture Business for Entrepreneurs.

Boric Acid, also called Hydrogen Borate is a weak, monobasic Lewis Acid of Boron. However, some of its behavior towards some chemical reactions suggests it to be tribasic acid in the Bronsted sense as well.

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Boric acid is often used as an Antiseptic, Insecticide, Flame Retardant, Neutron Absorber, or Precursor to other Chemical Compounds.

Boric acid is a Water-Soluble White Compound and occurs naturally. It consists of Oxygen, Boron, and Hydrogen. It is claimed to have Antifungal and Antimicrobial Properties.

The rise in Demand for Boric Acid in energy saving appliances such as insulation of residential and commercial buildings, acts as one of the major factors driving the Boric Acid Market.

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Regional Growth & Market Scope:

According to Market Research, Wholesale & Retail and E-Commerce are the two distribution channels for boric acid. The wholesale & retail segment accounted for substantial share of the Global Market in 2018. However, rise in trend of Online Shopping along with discounts and shorter lead time offered by distributors is anticipated to propel the e-commerce segment in the near future.

The Global Boric Acid Market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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In terms of region, Asia Pacific accounted for Major Share of the Global Boric Acid Market in 2018, led by the large presence of Glass and Ceramic Manufacturers in the region. The market in Asia Pacific is likely to expand at a rapid pace during the forecast period, due to the Rise in Industrialization and growth in the Construction Industry in countries such as China and India.

Rise in Demand for Boric Acid as Insecticide in the Agricultural Sector is projected to increase in the near future. Growth in Population and the advent of New Agricultural Techniques are expected to provide an impetus to crop yield in Asia Pacific in the near future.

North America and Europe also held significant shares of the Global Market in 2018, owing to increase in Demand for Boric Acid in Pharmaceutical and Cosmetic Industries in these regions.

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According to Boric Acid Global Market Research Report, The boric acid market is expected to witness Market Growth at a rate of 5.60% in the forecast period of 2021 to 2028. The increasing demand for Insulation Materials across the Globe is escalating the Growth of Boric Acid Market.

The growing rate of Building and Construction Activities, because of increase in Per Capita Income, increasing Popularity of the Product in fiberglass insulation and growth in awareness of Energy Conservation Methods accelerate the Boric Acid Market Growth.

Key Players Operating In the Global Boric Acid Market:

The major players in the boric acid market are 3M, BASF SE, Avantor, Inc., U.S. Borax, Eti Maden, Gujarat Boron Derivatives, and TOMIYAMA PURE CHEMICAL INDUSTRIES. LTD, Sociedad Industrial Tierra S.A, SCL Italia S.p.A., MCC Russian Bor, Searles Valley Minerals, Minera Santa Rita S.R.L., Quiborax, ORGANIC INDUSTRIES PVT LTD, Indo Borax & Chemicals Limited, The Chemical Company, Hemadri Chemicals, Singhania International Limited among other Domestic And Global Players.

Boric Acid Manufacture Business: Reasons of Growth:

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- Increase in Demand For Boric Acid in Ceramics and Fiberglass, Wood Preservatives, nutritional Supplements, and Pest Control Applications is driving The Global Boric Acid Market.

- Rise in demand for Boric Acid in Glass Formulations to reduce Melting Temperatures, increase thermal resistance and mechanical strength, and enhance aqueous and chemical durability is estimated to significantly boost the global boric acid market during the forecast period.

- Boric acid is employed as a Binder In Steel-Smelting Furnaces for manufacturing magnesia-based refractory bricks and as stabilizer for dolomite refractory bricks. These factors are expected to provide lucrative Opportunities to Manufacturers of Boric Acid.

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- Increase in demand for boric acid as viscosity and pH modifier in the Oil & Gas Industry is likely to provide lucrative opportunities to Boric Acid Manufacturers.

Conclusion:

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Introduction

Project Introduction
Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
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List of Suppliers and Manufacturers

Personnel (Manpower) Requirements

Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

Plant and Machinery

List of Plant & Machinery
Miscellaneous Items
Appliances & Equipments
Laboratory Equipments & Accessories
Electrification
Electric Load & Water
Maintenance Cost
Sources of Plant & Machinery (Suppliers and Manufacturers)

Manufacturing Process and Formulations

Detailed Process of Manufacture with Formulation
Packaging Required
Process Flow Sheet Diagram

Infrastructure and Utilities

Project Location
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Built Up Area
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Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR