Research Reports
Newswire Camphor Market Forecast to 2028
Newswire Camphor Market Forecast to 2028
Published by Uma Rajagopal
Posted on January 4, 2022
Global Banking and Finance Review
Company
Published by Uma Rajagopal
Posted on January 4, 2022
While the world is making a shift away from the use of chemicals in various products that are used on a daily basis, camphor is emerging as a popular chemical ingredient in most of the natural end products. Being a translucent terpene ketone, white/grey in colour, and crystalline in form, camphor does not only have a pleasant odour, but it also offers versatile physical properties – which usually depend on its species, origin, and other specific growing conditions.
To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-306
Though camphor is commonly produced by the distillation of bark and wood of the camphor tree, it can also be manufactured synthetically; carrying out the synthesis of turpentine oil which is produced from rosin, kinleith, and pine wood among multiple other ingredients.
Camphor is most commonly used in various healthcare products mainly due to its medicinal properties, and these products can be used as a treatment for cough, congestion, and other skin-related infections. Camphor is also used as an insecticide in food storages – a most commonly used traditional insecticide, especially in some countries across South Asia.
Furthermore, camphor oil is also one of the popular remedies for improving digestion, metabolism, and excretion processes. Being an FDA-approved chemical, camphor is gaining immense demand in most of the medicinal, healthcare products, which is predominantly driving growth of the camphor market.
Pharmaceuticals Industry will Create Lucrative Opportunities for Camphor Market Players
The global market for camphor is highly characterised with its association with a wide range of end-use industries. However, the pharmaceuticals industry is expected to account for a significant share in the increasing global demand for camphor. Especially in cough-related remedial products, such as vapour rub and ointments, camphor has witnessed complete acceptance from the healthcare and pharmaceuticals industry.
Furthermore, the pharmaceuticals industry is also accepting camphor oil as an integral ingredient in natural skincare products, as camphor oil can be positively used in the treatment of various skin-related infections. Its use in muscle relaxant ointments is also opening a new window of opportunities for stakeholders in the camphor market.
In the coming years, leading players are likely to focus on expanding the target audience in a vast range of industries, and capitalize on the growing acceptance for camphor in most of the pharmaceutical and healthcare industries across the world.
Potential Impact of the COVID-19 Pandemic on the Supply of Pharma-grade Camphor
Though the global outbreak of the novel coronavirus has instigated a global lockdown, camphor market may continue to witness high demand in the coming years. Growing awareness about the medical properties of camphor that treat cough-related infections is triggering the use of camphor oil and tablets as a traditional and natural remedy to prevent the coronavirus infection.
However, as most of the industrial activities have slowed down, this may be a negative impact on the production of pharma-grade camphor, and this may influence the growth dynamics of the global camphor market in the coming years.
Camphor Market: Region-wise Analysis
The global market for camphor is divided into seven geographical segments – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. The Asia Pacific region is expected to account for a significant revenue share in the global camphor market, mainly accounting for the use of camphor in a variety of traditional medicinal products.
As camphor is among the most commonly used household goods, leading manufacturers are aiming to maintain a healthy demand-supply balance in the Asia Pacific region, in the coming years.
North America is also emerging as a profitable regional market for camphor manufacturers, distributors, and other stakeholders. A mounting number of end-use industries are moving to replacing chemicals with camphor to avail its natural, medicinal properties, in order to sync with the consumer demand for ‘all natural’ products.
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-306
As a result, leading players in the global camphor market will witness a burgeoning demand from the end-use industries situated in the North American region, in the foreseeable future.
Camphor Market: Competitive Landscape
The global camphor market witnesses intense competition, while leading players are aiming to gain a competitive edge by introducing a price differentiation. This makes it a price sensitive market, leaving very little or no scope for market players to introduce product differentiation.
Furthermore, being highly fragmented in nature, the global market for camphor market is likely to witness a significant stronghold of regional manufacturers, as they leverage on the benefits of low capital investments. Leading players are likely to introduce their own end products using camphor to stay ahead of the curve, and this will emerge as a prominent strategy of growth among a majority of market players in the coming years.
Palm Organix Company (Palm Organix™) – a New York-based leading player in the vitamins & supplements industry – announced in September 2019, that it will be introducing its new line of skincare products – ‘Zero THC CBD Lotion w/ Camphor’. The line includes products with Phytocannabinoid-Rich Hemp Oil with Camphor and other essential oils, such as camphor oil, to create a light fresh CBD lotion.
In June 2019, Mother Sparsh – an Indian manufacturer of plant-based, natural and eco-friendly baby care products – announced that it has launched a natural insect repellent product which is made of camphor oil and other pure natural ingredients such as eucalyptus oil, lemongrass oil, and citronella oil. These incidences of skincare products being launched by market players further amplifies the profitability of camphor oil in various end-use industries.
Region-wise Analysis
Report Highlights
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-306
Camphor Market: Segment Analysis
The camphor market can be segmented on the basis of the following:
By Form
By End-use Industry
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
Phosphate Conversion Coatings Market – Demand in the phosphate conversion coatings market is projected to grow at a value of 4.0% CAGR between 2022 and 2028.
Isoprene Rubber Latex Market – The isoprene rubber latex market value to surpass US$ 732.5 Mn in 2021. The isoprene rubber latex industry is projected to be driven by growing demand from medical industry, consumer goods, and industrial sectors. The market is estimated to register growth at 8.1% CAGR between 2021 and 2031.
Fine Hydrate Market – The global fine hydrate market size is expected to reach US$ 371.6 Mn in 2021, With sales growing at a healthy 7.2% CAGR, the total volume of fine hydrates sold is expected to reach 951.1 Mn KT by 2031.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/camphor-market
While the world is making a shift away from the use of chemicals in various products that are used on a daily basis, camphor is emerging as a popular chemical ingredient in most of the natural end products. Being a translucent terpene ketone, white/grey in colour, and crystalline in form, camphor does not only have a pleasant odour, but it also offers versatile physical properties – which usually depend on its species, origin, and other specific growing conditions.
To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-306
Though camphor is commonly produced by the distillation of bark and wood of the camphor tree, it can also be manufactured synthetically; carrying out the synthesis of turpentine oil which is produced from rosin, kinleith, and pine wood among multiple other ingredients.
Camphor is most commonly used in various healthcare products mainly due to its medicinal properties, and these products can be used as a treatment for cough, congestion, and other skin-related infections. Camphor is also used as an insecticide in food storages – a most commonly used traditional insecticide, especially in some countries across South Asia.
Furthermore, camphor oil is also one of the popular remedies for improving digestion, metabolism, and excretion processes. Being an FDA-approved chemical, camphor is gaining immense demand in most of the medicinal, healthcare products, which is predominantly driving growth of the camphor market.
Pharmaceuticals Industry will Create Lucrative Opportunities for Camphor Market Players
The global market for camphor is highly characterised with its association with a wide range of end-use industries. However, the pharmaceuticals industry is expected to account for a significant share in the increasing global demand for camphor. Especially in cough-related remedial products, such as vapour rub and ointments, camphor has witnessed complete acceptance from the healthcare and pharmaceuticals industry.
Furthermore, the pharmaceuticals industry is also accepting camphor oil as an integral ingredient in natural skincare products, as camphor oil can be positively used in the treatment of various skin-related infections. Its use in muscle relaxant ointments is also opening a new window of opportunities for stakeholders in the camphor market.
In the coming years, leading players are likely to focus on expanding the target audience in a vast range of industries, and capitalize on the growing acceptance for camphor in most of the pharmaceutical and healthcare industries across the world.
Potential Impact of the COVID-19 Pandemic on the Supply of Pharma-grade Camphor
Though the global outbreak of the novel coronavirus has instigated a global lockdown, camphor market may continue to witness high demand in the coming years. Growing awareness about the medical properties of camphor that treat cough-related infections is triggering the use of camphor oil and tablets as a traditional and natural remedy to prevent the coronavirus infection.
However, as most of the industrial activities have slowed down, this may be a negative impact on the production of pharma-grade camphor, and this may influence the growth dynamics of the global camphor market in the coming years.
Camphor Market: Region-wise Analysis
The global market for camphor is divided into seven geographical segments – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa. The Asia Pacific region is expected to account for a significant revenue share in the global camphor market, mainly accounting for the use of camphor in a variety of traditional medicinal products.
As camphor is among the most commonly used household goods, leading manufacturers are aiming to maintain a healthy demand-supply balance in the Asia Pacific region, in the coming years.
North America is also emerging as a profitable regional market for camphor manufacturers, distributors, and other stakeholders. A mounting number of end-use industries are moving to replacing chemicals with camphor to avail its natural, medicinal properties, in order to sync with the consumer demand for ‘all natural’ products.
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-306
As a result, leading players in the global camphor market will witness a burgeoning demand from the end-use industries situated in the North American region, in the foreseeable future.
Camphor Market: Competitive Landscape
The global camphor market witnesses intense competition, while leading players are aiming to gain a competitive edge by introducing a price differentiation. This makes it a price sensitive market, leaving very little or no scope for market players to introduce product differentiation.
Furthermore, being highly fragmented in nature, the global market for camphor market is likely to witness a significant stronghold of regional manufacturers, as they leverage on the benefits of low capital investments. Leading players are likely to introduce their own end products using camphor to stay ahead of the curve, and this will emerge as a prominent strategy of growth among a majority of market players in the coming years.
Palm Organix Company (Palm Organix™) – a New York-based leading player in the vitamins & supplements industry – announced in September 2019, that it will be introducing its new line of skincare products – ‘Zero THC CBD Lotion w/ Camphor’. The line includes products with Phytocannabinoid-Rich Hemp Oil with Camphor and other essential oils, such as camphor oil, to create a light fresh CBD lotion.
In June 2019, Mother Sparsh – an Indian manufacturer of plant-based, natural and eco-friendly baby care products – announced that it has launched a natural insect repellent product which is made of camphor oil and other pure natural ingredients such as eucalyptus oil, lemongrass oil, and citronella oil. These incidences of skincare products being launched by market players further amplifies the profitability of camphor oil in various end-use industries.
Region-wise Analysis
Report Highlights
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-306
Camphor Market: Segment Analysis
The camphor market can be segmented on the basis of the following:
By Form
By End-use Industry
Explore wide-ranging Coverage of FMI’s Chemicals & Materials Market Insights Landscape
Phosphate Conversion Coatings Market – Demand in the phosphate conversion coatings market is projected to grow at a value of 4.0% CAGR between 2022 and 2028.
Isoprene Rubber Latex Market – The isoprene rubber latex market value to surpass US$ 732.5 Mn in 2021. The isoprene rubber latex industry is projected to be driven by growing demand from medical industry, consumer goods, and industrial sectors. The market is estimated to register growth at 8.1% CAGR between 2021 and 2031.
Fine Hydrate Market – The global fine hydrate market size is expected to reach US$ 371.6 Mn in 2021, With sales growing at a healthy 7.2% CAGR, the total volume of fine hydrates sold is expected to reach 951.1 Mn KT by 2031.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/camphor-market
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