The Global Potassium Borohydride Market was valued at USD 308.5 Million in 2024 and is projected to reach USD 441.2 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is driven by escalating demand from the pharmaceutical sector, increasing applications in wastewater treatment, and the expanding role of potassium borohydride as a versatile reducing agent in fine chemical synthesis.

As industries worldwide push for more efficient and sustainable chemical processes, potassium borohydride has emerged as a critical specialty chemical. In this blog, we profile the Top 10 Companies in the Potassium Borohydride Industry—a group of chemical giants and specialized manufacturers shaping the supply and innovation landscape for this essential compound.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: High-Purity Potassium Borohydride (>98%)

BASF is a global leader in the chemical industry and a major producer of potassium borohydride. The company supplies high-purity grades critical for pharmaceutical intermediates and organic synthesis, leveraging its extensive global production and distribution network.

Innovation & Sustainability Initiatives:

• Development of energy-efficient production processes

• Investment in closed-loop manufacturing to minimize waste

• Strategic focus on high-value applications in life sciences

Download FREE Sample Report: Potassium Borohydride Market – View in Detailed Research Report

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9️⃣ 2. Anachemla Science

Headquarters: Mumbai, India
Key Offering: Potassium Borohydride (95-98% Purity)

Anachemla Science is a prominent supplier of laboratory chemicals and fine chemicals in the Asian market. The company provides potassium borohydride primarily for research institutions and specialty chemical manufacturers.

Innovation & Sustainability Initiatives:

• Focus on supplying high-purity reagents for analytical applications

• Expansion of distribution channels across Southeast Asia

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8️⃣ 3. Yingkou Pengda Fine Chemical Co., Ltd.

Headquarters: Yingkou, Liaoning, China
Key Offering: Potassium Borohydride, Sodium Borohydride

Yingkou Pengda Fine Chemical is one of China’s leading producers of borohydride compounds. The company has significant production capacity and serves both domestic and international markets with competitive pricing.

Innovation & Sustainability Initiatives:

• Continuous process optimization for cost-effective production

• Expansion of production facilities to meet growing export demand

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7️⃣ 4. Shandong Guobang Pharmaceutical Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: Pharmaceutical-Grade Potassium Borohydride

Shandong Guobang Pharmaceutical specializes in fine chemicals and pharmaceutical intermediates. The company produces potassium borohydride with strict quality control standards suitable for pharmaceutical applications.

Innovation & Sustainability Initiatives:

• GMP-compliant manufacturing processes

• R&D focused on novel reducing agents for drug synthesis

Download FREE Sample Report: Potassium Borohydride Market – View in Detailed Research Report

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6️⃣ 5. Nantong Hongzhi Chemical Co., Ltd.

Headquarters: Nantong, Jiangsu, China
Key Offering: Industrial and Fine Chemical Grade Potassium Borohydride

Nantong Hongzhi Chemical is a specialized manufacturer of boron-based chemicals with a strong presence in the global market. The company offers potassium borohydride in various purity grades tailored to different industrial needs.

Innovation & Sustainability Initiatives:

• Development of customized purity specifications for specific applications

• Implementation of waste reduction technologies in production

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5️⃣ 6. Jiangsu Huachang Chemical Co., Ltd.

Headquarters: Huai’an, Jiangsu, China
Key Offering: Potassium Borohydride, Sodium Borohydride, and Derivatives

Jiangsu Huachang Chemical is a major producer of boron-based reducing agents with comprehensive product portfolio. The company has established itself as a reliable supplier to the chemical and pharmaceutical industries worldwide.

Innovation & Sustainability Initiatives:

• Vertical integration in borohydride production chain

• Investment in R&D for new application development

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4️⃣ 7. Montgomery Chemicals

Headquarters: Pennsylvania, USA
Key Offering: Specialty Potassium Borohydride Formulations

Montgomery Chemicals is a North American specialist in boron chemistry, providing high-quality potassium borohydride for research and industrial applications. The company focuses on serving the North American market with consistent quality and technical support.

Innovation & Sustainability Initiatives:

• Custom formulation development for specific customer requirements

• Technical consulting services for borohydride applications

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3️⃣ 8. Boren Technology Co., Ltd.

Headquarters: Zhangjiagang, Jiangsu, China
Key Offering: High-Purity Borohydride Compounds

Boren Technology specializes in advanced boron-based materials and chemicals. The company produces potassium borohydride with focus on high-purity applications in electronics and pharmaceuticals.

Innovation & Sustainability Initiatives:

• Development of ultra-high purity grades for electronic applications

• Process innovation for improved yield and purity

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2️⃣ 9. GFS Chemicals, Inc.

Headquarters: Ohio, USA
Key Offering: Laboratory and Industrial Grade Potassium Borohydride

GFS Chemicals is a established supplier of high-purity chemicals for research and industry. The company provides potassium borohydride primarily to research laboratories and specialty chemical manufacturers in North America.

Innovation & Sustainability Initiatives:

• Strict quality control for research-grade chemicals

• Support for academic and industrial research projects

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1️⃣ 10. Shanghai Sunway Pharmaceutical Technology Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Pharmaceutical and Fine Chemical Intermediates

Shanghai Sunway Pharmaceutical Technology focuses on advanced pharmaceutical intermediates and fine chemicals. The company supplies potassium borohydride as part of its comprehensive portfolio of reducing agents for the pharmaceutical industry.

Innovation & Sustainability Initiatives:

• Specialization in API intermediate synthesis

• Collaboration with pharmaceutical companies on process development

Get Full Report Here: Potassium Borohydride Market – View in Detailed Research Report

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🧪 Outlook: The Future of Potassium Borohydride Is Applications-Driven

The potassium borohydride market is experiencing steady growth driven by its irreplaceable role as a selective reducing agent. While traditional applications dominate current consumption, emerging uses in energy storage and advanced materials present significant growth opportunities.

📈 Key Trends Shaping the Market:

• Increasing demand from pharmaceutical industry for selective reduction reactions

• Growing applications in wastewater treatment for heavy metal removal

• Research into potassium borohydride for hydrogen storage systems

• Geographic expansion of production capacity in Asia-Pacific region

Get Full Report Here: Potassium Borohydride Market – View in Detailed Research Report

The companies listed above are not only supplying essential chemicals—they’re driving innovation in chemical synthesis and sustainable processes across multiple industries.