Market Analysis of Camphor Worldwide: Opportunities and Challenges


Posted March 21, 2024 by Rutuja123

Camphor is a combustible, waxy, translucent substance with a strong odour.

 
The global Camphor market size was valued at US$ 427.03 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 5.7% through 2023 to 2029, reaching nearly US$ 629.48 Mn.

Market Overview:

This study aims to provide a comprehensive analysis of the Camphor market, examining its components, applications, industries, and geographical aspects. It delves into the primary drivers influencing market growth and offers an in-depth analysis of the market's value chain.

Market Scope:

The research methodology employed for assessing and predicting the Camphor market involves secondary research utilizing revenue data from key suppliers. Market segmentation takes into account vendor offerings, and the overall market size is determined using a bottom-up approach based on the revenue of major enterprises.

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Drivers:

The rising usage of Camphor for temperature regulation is one of the primary drivers for the Camphor market. The use of Camphor in buildings provides room temperature management. Variations in the day and nighttime temperatures are utilized to alter the phase of the material, which releases and absorbs energy during the process. The use of Camphor for temperature management minimizes the strain on the heating and cooling equipment needed to maintain room temperature.

Segmentation:

by Form

Powder
Oil
Tablets
Others


by End Use

Industry Pharmaceutical
Agriculture
Food
Chemicals
Others


by Grade

Pharmaceutical Grade
Food Grade
Industrial Grade


by Application

Plasticizers
Anti-bacterial agents
Skincare and Cosmetics
CBD lotions
Others

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Key Players:

1. Apt Exim
2. Beijing Herbal Health Biotech
3. Benefont
4. Camphor & Allied Products
5. Jadran Galenski Laboratorij
6. Malligha Asafoetida
7. Recochem
8. Fujian Green Pine
9. Hiya International
10. Ji’an Fine Chemicals
11. Hunan Nutramax
12. Saptagir Camphor Private Limited
13. Taiwan Tekho Camphor Co. Ltd.
14. Mothersparsh
15. Palm Organix


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Regional Analysis:

Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are provided individually. Analysts evaluate competitive strengths and conduct a thorough competitive analysis for each player.

COVID-19 Impact Analysis on Camphor Market:

Various industries such as aerospace, defense, agriculture, automobiles, retail, e-commerce, energy, healthcare, packaging, mining, electronics, banking, financial services, and insurance have been impacted by the COVID-19 pandemic. The report assesses the general impact of COVID-19 on the Camphor market, including its growth rate during 2019-2020. Insights and analysis on risk management and digital transformation strategies are provided to assist businesses navigating through the crisis.

Key Questions Answered in the Report:

Which segment dominated the Camphor market?
What was the competitive landscape of the Camphor market in 2020?
What are the key drivers fueling the growth of the Camphor market?
Which region held the largest share in the Camphor market in 2020?


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Categories Blogging , Computers , Education
Tags camphor market , camphor market size , camphor market analysis
Last Updated March 21, 2024