Press release
Global camphor market is anticipated to grow at a CAGR of 7.9% over the forecast period and top key players are Taiwan Tekho Camphor Co., Ltd,Indukern Internacional,The Ji'An Cedar Fine Chemical Co., Ltd.,Hiya International,Saptagir Camphor Ltd.
Market Size and Forecast
Global camphor market is anticipated to grow at a CAGR of 7.9% over the forecast period. Factor such as the growing demand of the camphor in making medicine for different type of diseases is expected to drive the growth of the camphor market in upcoming years. Due to good chemical properties it has wide range of application in various end user industries such as pharmaceuticals, food, agriculture and chemical among several others. It is also used for making ointments with vapor for treating cough and chest congestion. Rising demand of camphor for the ointments is anticipated to drive the growth fo0 the market.
In the regional market Asia Pacific accounted for the highest percentage of market share in the regional platform and is expected to continue its dominance over the forecast period. Factor such as rising demand of camphor for treatment for the different type of diseases is expected to directly the effects the growth of market. India is place where large number of holy places. Camphor is also used during prayer of god in Hindu religion. This factor is expected to foster the growth of the camphor market in upcoming years.
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North America is prominent market of camphor is expected to witness of high growth rate over the forecast period. Increasing population leading to to high growth of food and pharmaceutical is major factor which drive the growth of the camphor market. The market is mainly expanding on the back of the growth and expansion of pharmaceutical industries in the region..Further Europe is expected to grow at a significant CAGR over the forecast period. Rising Advancement and research activity to increases application for camphor is expected to offer large number of opportunities in the camphor market.
Market Segmentation
Our in-depth analysis has segmented global camphor market into the following segments:
By Form
Powder
Tablets
Oil
By Application
Pharmaceuticals
Agriculture
Chemicals Industry
Food industry
Others
By Region
Global Camphor market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.
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Growth Drivers & Challenges
Camphor has wide range of application in pharmaceutical. It is used for medicinal purposes for the treatment of toenail, warts, cold sores, hemorrhoids, osteoarthritis, congestion, cough, and skin infections. Generally in pharmaceutical it is used in the form of oil. It also can be used as antiseptic germicides and others. Further, proper dosage of camphor cure the health and high can be cause of serious problem due some toxic nature. These factors are opening a gateway of opportunities for the growth of the camphor market.
Apart from this, camphor finds their use in several end user industries such as agriculture, food, chemical, pharmaceutical and others. The growing demand of camphor in pharmaceutical industries is expected to positively impact the growth of camphor market during the forecast period. As population is increasing worldwide the demand of the food product is also increases which predicted to trigger the growth of camphor market during the forecast period.
In contrast, high flammability nature of the camphor is anticipated to negatively impact the growth of the dimethyl camphor market during the forecast period.
Key Players
Camphor & Allied Products Ltd.
Company Overview
Key Product Offerings
Business Strategy
Swot Analysis
Finacials
Taiwan Tekho Camphor Co., Ltd
Indukern Internacional
The Ji'An Cedar Fine Chemical Co., Ltd.
Hiya International
Saptagir Camphor Ltd.
Mangalam Organics Limited
Other Prominent Player
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The camphor market is segmented as follows:
By Form Market Size & Y-O-Y Growth Analysis
By End User Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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