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Synthetic Camphor Market

03-24-2021 03:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Dive

Synthetic Camphor Market

Synthetic Camphor Market

Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is an ideal source of guidance for new players, prevailing market players, shareholders, stakeholders, and investors.

Factors Impacting the Market Growth:
According to the report, increasing use of pharma-grade synthetic camphor in the manufacture of OTC drugs is driving the growth of the global synthetic camphor market. Furthermore, the rising demand for OTC medications owing to their efficiency in the treating minor cold, cough, joint pain, and nasal congestion is propelling the growth of the market.

Access to Free Sample Report of Synthetic Camphor Market (Including Full TOC, tables & Figure) Here! @ https://www.researchdive.com/download-sample/343

Segment Analysis:

The report segments the global synthetic camphor sector into grade and application.

Based on grade, the report further classifies the market into:

* Pharma grade
* Technical grade

Among these, the technical grade segment is estimated to rule the market by gathering a revenue of $76.9 million by 2027. This is mostly owing to numerous uses of synthetic camphor in several industrial applications including flavor & fragrance, plasticizer, and paint & coating industry.

By application, the report further divides the market into:

* Paints & Coatings
* Personal Care
* Pharmaceuticals
* Plasticizer
* Flavor & Fragrances
* Others

Among these, the flavor & fragrance segment is estimated to dominate the market by grabbing a major share of the market in the forecast period. This is largely owing to numerous applications of synthetic camphor in the food and beverages industry for enhancing aroma and flavor.

Regional Analysis:

The report elucidates the scenario of the global synthetic camphor market across numerous regions including:

* LAMEA
* North America
* Europe
* Asia Pacific

Speak to our Expertise before buying Synthetic Camphor Market Report@ https://www.researchdive.com/connect-to-analyst/343

Among these, the Asia-Pacific region is estimated to dominate the market growth by garnering a revenue of $128.9 million by 2027. This is mainly because of the high manufacturing rate of synthetic camphor in this region. Moreover, LAMEA region is expected to observe significant growth and garner $88.3 million by the end of 2027.

Market Players and Business Strategies:

The report provides a list of some of the leading companies functioning in the synthetic camphor sector. The key players profiled in the report are:

* Mangalam Organics Limited
* Nagase & Co. Ltd.
* Wuzhou Huangpu Chemical Pharmaceutical Co. Ltd.
* Saptagir Camphor Limited
* Skyrun Industrial Co. Ltd.
* Oriental Aromatics Limited
* Aldon Corporation
* Kanchi Karpooram Limited
* Taiwan Tekho Camphor Co. Ltd.
* Spectrum Laboratory Products Inc.
* Others
These companies are performing different activities such as new product launches, mergers and acquisitions, partnerships, and many more to obtain a prominent position in the industry.

This report is made by market experts by using several tools, methodologies, and research approaches to obtain in-depth insights of the global synthetic camphor market. Additionally, we endeavor to provide a customized report to fulfill special requirements of our clients, on demand.

Request for Synthetic Camphor Market Report Customization & Get 10% Discount on this Report@ https://www.researchdive.com/request-for-customization/343

Contact us:
Mr. Abhishek Paliwal
Research Dive
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NY 10005 (P)
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Blog: https://www.researchdive.com/blog

About Us
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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