Boric acid has wide application fields and good industry development prospects.

Boric acid, also known as borohydric acid, is a hydrate of boron oxide. Boric acid is an inorganic acid. It looks like a white crystalline powder, has a smooth feel, and is odorless. Its solubility in water increases with temperature and can evaporate with water vapor. It can be dissolved in water, alcohol, glycerin and essential oils. middle. Boric acid has a wide range of applications and plays an important role in life. It can be used to make glass and fiberglass, enamel and ceramics, and leather. In the pharmaceutical industry, it is mainly used to make boric acid ointment, disinfectants, astringents, preservatives, etc.

With the rapid economic development, my country’s industrial level continues to improve. Boric acid is widely used in various fields due to its light weight, flame retardant, heat resistance, high hardness, high strength and catalytic properties. Boric acid is not only an important chemical raw material, but also one of the basic raw materials for the production of other borides. Boric acid production relies on the supply of raw materials. my country is rich in boron ore resources. The boron ore resource reserves are concentrated in Liaoning, Jilin, Qinghai, Tibet and other places. The above areas account for 95.1% of my country’s total boron ore resource reserves, which provides a foundation for the development of the boric acid industry. and protection. In recent years, my country’s boric acid production has shown a stable trend, with the annual boric acid production reaching 1.153 million tons.

According to the “2022-2027 China Boric Acid Industry Market Analysis Research Report released by the Industrial Research Center, due to the continuous expansion of application fields, my country’s boric acid market is in short supply and needs to rely on imports for a long time. In 2021, my country’s boric acid imports reached 327,000 tons, a year-on-year increase of 9.1%. The main importing countries of boric acid in my country are Russia, Chile and Turkey. Among them, Russia has the largest import volume of boric acid. The boron ore in the above countries is of high quality, the production cost of boric acid is relatively low, the quality is good and the stability is high. However, at present, my country’s boric acid market is monopolized by imported products, and domestic boric acid lacks market competitiveness and voice.

There are many boric acid production companies in my country, and the listed companies include Shenzhen Xinxing, Shida Shenghua, Xinzhoubang, Xining Special Steel, CITIC Guoan, Qingdao Alkali Industry and Tibet Urban Investment, etc. Qinghai CITIC Guoan Technology Development Co., Ltd., a subsidiary of CITIC Guoan, is mainly engaged in the comprehensive development of lithium, potassium and boron resources in Qinghai Xitai Jinai Salt Lake. It focuses on boric acid extraction, industrial boric acid preliminary research and experimental project work, and has great advantages in technological transformation and research and development. According to the annual report of CITIC Guoan Enterprise, the company achieved revenue of 2.66 billion yuan in 2021, a year-on-year increase of 12.8%.

As an important chemical raw material, boric acid is widely used in agriculture, medical, industry and other fields. Although my country’s boric acid production remains stable, it still cannot meet market demand and needs to rely on the import market. Industry analysts said that in recent years, my country’s leading boric acid companies have used high and new technologies to improve the boric acid production process and promote competition in the domestic boric acid market. Strength has improved. It is expected that in the future, under the influence of favorable factors, my country’s boric acid industry will have broad prospects.