Global Camphor Market Professional Survey and Newest Trends with Forecast 2024
Axiom MRC added an, “Camphor
Market Report, By Type, Application and Geography- Global
Market Share, Trends, Analysis and Forecasts Up to 2024” Camphor has a pleasant odor that are
crystalline and translucent terpene ketone. It is primarily produced by
distilling woods and barks of camphor trees. It is a flammable, waxy,
transparent, or white solid that has a brawny odor.
Worldwide
Camphor Market Analysis:
The global
camphor market is expected to grow at a CAGR of 7.2% from 2019 to 2024. It is
popularly known as kapur tree and is largely found in Asia. Camphor is used for
various medicinal purposes, as an essence in cooking and for religious rituals
in Asia Pacific, especially India. Owing to wide range of medical properties,
camphors are used for various medicinal applications as it helps reduce pain
and swelling, helps relax worn out muscles and reduces congestion and cough.
Tablets made out
of camphor are used in various skin care products as it reduces acne and pimples.
It is also used as repellent in agriculture and even for household activities
to keep away reptiles and insects. The key factor driving growth of global
camphor market is the rising demand for camphor from the pharmaceutical and
cosmetic industry. With the increasing consumer awareness for natural, herbal,
and skin friendly products, the demand for camphor tablets is projected to
increase in the near future.
Camphor
Market Report Segmentation Based on Following:
Camphor
Market by Type:
Based on types,
the global camphor market has been segmented into tablets, oil and others.
Camphor
Market by Application:
Based on
applications, the global camphor market has been segmented into
pharmaceuticals, food, chemicals, agriculture, others.
Camphor
Market by Geography:
Based on
geography, the global camphor market has been segmented into North America,
Europe, Asia Pacific, and rest of the world region which includes Latin
America, and Middle East & Africa.
Camphor
Markets Leading Partners:
The global
camphor market is concentrated with leading manufacturers such as Camphor and
Allied Products ltd. having strong hold on the global market. Some of the key
manufacturers of camphors in the global market include Camphor and Allied
Products ltd., Beijing Herbal Health Biotech LLC and Hunan Nutramax Inc, among
others.
About
Axiom MRC:
Axiom Market Research & Consulting™ (also known as
Axiom MRC), is a full-service market research and data analytics firm, driven
by a simple aim of providing key market intelligence to companies to assist
them in taking informed business decisions pertaining to their marketing
strategy, investments, new product launches, market competition, consumer or
end users, social media trends etc.
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