Market Overview:
The global synthetic camphor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for camphor from various applications such as pharmaceuticals, food, agriculture, chemicals and others. North America is expected to lead the global synthetic camphor market in terms of revenue during the forecast period.
Product Definition:
synthetic camphor is a synthetic compound, obtained from pinene, that has the same odor and flavor as natural camphor. It is used as a food additive to give a minty taste and smell to foods such as candy, gum, ice cream, and toothpaste.
Powder Camphor:
Powder camphor is a white crystalline solid material, which is obtained from the distillation of wood. It has been used as an insecticide and for the preservation of meat and fish products. The usage in synthetic camphor production started during World War II when there was a shortage of natural camphor due to Japanese occupation.
Oil Camphor:
Oil camphor is a flammable, colorless liquid derived from pine trees. It has been used as an insecticide and to treat several skin diseases. The most important application of oil camphor is in the production of synthetic camphor which is widely used as an insecticide and for the treatment of malaria, dysentery & diarrhea among others.
Application Insights:
The global market is segmented by application into pharmaceuticals, food, agriculture and other chemicals. The pharmaceutical segment accounted for the largest share in 2015 and is expected to witness a CAGR of XX% over the forecast period owing to its wide range of applications including cough syrups, nasal sprays & congestion remedies among others.
Camphor has several uses in cosmetics as well as personal care products such as deodorants and lotions among others which are used for treating various skin conditions like eczema or psoriasis. It also finds several uses in animal feed additives that are used to enhance animal productivity along with providing nutrition benefits such as improving hair growth & coat quality along with digestion improvement among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it a potential consumer market for food, pharmaceuticals, and other industries. China is one of the largest producers as well as consumers of camphor globally owing to easy availability of raw materials coupled with high demand from domestic manufacturers.
The presence of numerous synthetic camphor manufacturers in China has led to an increase in production capacity across various regions such as Europe and Asia Pacific & Middle East Africa (APMEA). In addition, increasing awareness regarding health benefits associated synthetic products will drive regional growth over the coming years.
Growth Factors:
- Increasing demand for camphor in various end-use industries such as pharmaceuticals, agrochemicals, and flavors & fragrances is expected to drive the growth of the synthetic camphor market over the forecast period.
- Growing awareness about the benefits of synthetic camphor is another key factor that is anticipated to fuel market growth during the forecast period.
- Stringent regulations regarding use of natural camphor are expected to create opportunities for synthetic camphor manufacturers in near future.
- Rising demand from emerging economies such as China and India is projected to boost market growth over the next few years. 5) Technological advancements in production process of synthetic camphor are likely to provide new opportunities for players operating in this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Camphor Market Research Report
By Type
Powder Camphor, Oil Camphor, Tablets Camphor
By Application
Pharmaceuticals, Food, Agriculture, Chemicals, Others
By Companies
Apt Exim, Beijing Herbal Health Biotech, Benefont, Camphor & Allied Products, Jadran Galenski Laboratorij, Malligha Asafoetida, Recochem, Fujian Green Pine, Hiya International, Apt Exim
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Camphor Market Report Segments:
The global Synthetic Camphor market is segmented on the basis of:
Types
Powder Camphor, Oil Camphor, Tablets Camphor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Food, Agriculture, Chemicals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apt Exim
- Beijing Herbal Health Biotech
- Benefont
- Camphor & Allied Products
- Jadran Galenski Laboratorij
- Malligha Asafoetida
- Recochem
- Fujian Green Pine
- Hiya International
- Apt Exim
Highlights of The Synthetic Camphor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder Camphor
- Oil Camphor
- Tablets Camphor
- By Application:
- Pharmaceuticals
- Food
- Agriculture
- Chemicals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Synthetic Camphor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Synthetic camphor is a man-made product that is made from chemicals. It does not come from natural sources, and it has a different smell and taste than camphor.
Some of the key players operating in the synthetic camphor market are Apt Exim, Beijing Herbal Health Biotech, Benefont, Camphor & Allied Products, Jadran Galenski Laboratorij, Malligha Asafoetida, Recochem, Fujian Green Pine, Hiya International, Apt Exim.
The synthetic camphor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Synthetic Camphor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Synthetic Camphor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Synthetic Camphor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Synthetic Camphor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Synthetic Camphor Market Size & Forecast, 2018-2028 4.5.1 Synthetic Camphor Market Size and Y-o-Y Growth 4.5.2 Synthetic Camphor Market Absolute $ Opportunity
Chapter 5 Global Synthetic Camphor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Synthetic Camphor Market Size Forecast by Type
5.2.1 Powder Camphor
5.2.2 Oil Camphor
5.2.3 Tablets Camphor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Synthetic Camphor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Synthetic Camphor Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Food
6.2.3 Agriculture
6.2.4 Chemicals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Synthetic Camphor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Synthetic Camphor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Synthetic Camphor Analysis and Forecast
9.1 Introduction
9.2 North America Synthetic Camphor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Synthetic Camphor Market Size Forecast by Type
9.6.1 Powder Camphor
9.6.2 Oil Camphor
9.6.3 Tablets Camphor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Synthetic Camphor Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Food
9.10.3 Agriculture
9.10.4 Chemicals
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Synthetic Camphor Analysis and Forecast
10.1 Introduction
10.2 Europe Synthetic Camphor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Synthetic Camphor Market Size Forecast by Type
10.6.1 Powder Camphor
10.6.2 Oil Camphor
10.6.3 Tablets Camphor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Synthetic Camphor Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Food
10.10.3 Agriculture
10.10.4 Chemicals
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Synthetic Camphor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Synthetic Camphor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Synthetic Camphor Market Size Forecast by Type
11.6.1 Powder Camphor
11.6.2 Oil Camphor
11.6.3 Tablets Camphor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Synthetic Camphor Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Food
11.10.3 Agriculture
11.10.4 Chemicals
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Synthetic Camphor Analysis and Forecast
12.1 Introduction
12.2 Latin America Synthetic Camphor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Synthetic Camphor Market Size Forecast by Type
12.6.1 Powder Camphor
12.6.2 Oil Camphor
12.6.3 Tablets Camphor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Synthetic Camphor Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Food
12.10.3 Agriculture
12.10.4 Chemicals
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Synthetic Camphor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Synthetic Camphor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Synthetic Camphor Market Size Forecast by Type
13.6.1 Powder Camphor
13.6.2 Oil Camphor
13.6.3 Tablets Camphor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Synthetic Camphor Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Food
13.10.3 Agriculture
13.10.4 Chemicals
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Synthetic Camphor Market: Competitive Dashboard
14.2 Global Synthetic Camphor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apt Exim
14.3.2 Beijing Herbal Health Biotech
14.3.3 Benefont
14.3.4 Camphor & Allied Products
14.3.5 Jadran Galenski Laboratorij
14.3.6 Malligha Asafoetida
14.3.7 Recochem
14.3.8 Fujian Green Pine
14.3.9 Hiya International
14.3.10 Apt Exim