Pharma-Grade Synthetic Camphor Market
Pharma-Grade Synthetic Camphor Market Overview
The report is titled as ‘Pharma-Grade Synthetic Camphor Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the pharma-grade synthetic camphor market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The pharma-grade synthetic camphor market is expected to grow with a significant rate in the near future.
The global pharma-grade synthetic camphor market in 2020 is estimated for more than US$ 167.3 Mn and expected to reach a value of US$ 236.1 Mn by 2028 with a significant CAGR of 4.4%.
Pharma-Grade Synthetic Camphor Market Dynamics
Factor like the growing demand for the private labeled topical products containing camphor is expected to boost the market growth in developed regions like North America. For instance, the demand for OTC analgesics containing pharma-grade synthetic camphor includes Walgreens Ultra Strength Muscle Rub (4% camphor), Salonpas pain relieving patch (1.2% camphor), etc. These are among private label analgesics and they do not require FDA approval and thus are gaining more popularity in the U.S. market.
Also, the rebound in global trade promoting growth for camphor exports coupled with the growing trend of self-medication amongst the patients is also responsible for fueling the demand for pharma-grade synthetic camphor in the global market, thereby propelling the market growth.
Furthermore, improving supply chain management is also providing growth opportunities for pharma-grade synthetic camphor manufacturers, as it influences high growth in emerging regions like in the Asia Pacific. For instance, Merck acquired Sigma-Aldrich in 2016. Similarly, Camphor & Allied Products Ltd., a leading Indian manufacturer of pharma grade camphor, merged their business with Oriental Aromatics Limited in 2015.
Pharma-grade synthetic camphor manufacturers also witness rising demand from topical pain management products, owing to the growth recorded in the aging population coupled with the increasing count of people suffering from chronic disease. This creates a high demand for pain management topical products, thereby boosting the market growth.
Moreover, the widespread end-users applications of products like Vicks VapoRub and the beneficial properties of pharmaceutical-grade synthetic camphor, including anti-fungal and anti-inflammatory can also be considered as the revenue-generating factors for the global pharma-grade synthetic camphor market in the projected time frame.
On the contrary, the availability of substitutes and the health risks linked with the high level of camphor are likely to hamper the demand for pharmaceutical grade synthetic camphor across the globe.
Nevertheless, the on-going research and development activities to innovate new application scope for camphor along with the mounting count of the population in emerging economies such as China, India and others is creating opportunities for growth of the global market.
Pharma-Grade Synthetic Camphor Market Segmentation
The global pharma-grade synthetic camphor market is segmented on the basis of formulation type, application, distribution channel, and by region.
By Formulation Type:
Topical
Inhalation
By Application:
Respiratory Disorder
Muscular Rheumatism
Counterirritant and Antipruritic
Others
By Distribution Channel:
Conventional B2B
Tenders
Direct Procurement
Wholesalers & Distributors
Online B2B
Internal Channel
External Channel
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Pharma-Grade Synthetic Camphor Market Key Players
Key players operating in the global pharma-grade synthetic camphor market include Aldon Corporation, Fengchen Group Co., Ltd., Mangalam Organics Limited, Merck KGaA, Nippon Fine Chemical Co., Ltd., Oriental Aromatics Limited, Prinova Group LLC, Rochem International, Inc., Saptagir Camphor Limited, and Spectrum Chemical Mfg. Corp.
Regional Segmentation
On the basis of region, the pharma-grade synthetic camphor market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
MMC Overview on Pharma-Grade Synthetic Camphor Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Pharma-Grade Synthetic Camphor market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Pharma-Grade Synthetic Camphor
• Advantage of Pharma-Grade Synthetic Camphor
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Pharma-Grade Synthetic Camphor Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Pharma-Grade Synthetic Camphor Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Pharma-Grade Synthetic Camphor Market Snapshot
2.4. Global Pharma-Grade Synthetic Camphor Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Pharma-Grade Synthetic Camphor Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Pharma-Grade Synthetic Camphor Market, By Formulation Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Formulation Type
3.1.2. BPS Analysis, By Formulation Type
3.2. Market Revenue (US$Mn) Forecast, By Formulation Type
3.2.1. Topical
3.2.2. Inhalation
3.3. Global Pharma-Grade Synthetic Camphor Market Attractiveness Index, By Formulation Type
4. Global Pharma-Grade Synthetic Camphor Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Respiratory Disorder
4.2.2. Muscular Rheumatism
4.2.3. Counterirritant and Antipruritic
4.2.4. Others
4.3. Global Pharma-Grade Synthetic Camphor Market Attractiveness Index, By Application
5. Global Pharma-Grade Synthetic Camphor Market, By Distribution Channel
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Distribution Channel
5.1.2. BPS Analysis, By Distribution Channel
5.2. Market Revenue (US$Mn) Forecast, By Distribution Channel
5.2.1. Conventional B2B
5.2.1.1. Tenders
5.2.1.2. Direct Procurement
5.2.1.3. Wholesalers & Distributors
5.2.2. Online B2B
5.2.2.1. Internal Channel
5.2.2.2. External Channel
5.3. Global Pharma-Grade Synthetic Camphor Market Attractiveness Index, By Distribution Channel
6. Global Pharma-Grade Synthetic Camphor Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Pharma-Grade Synthetic Camphor Market Attractiveness Index, By Region
7. North America Pharma-Grade Synthetic Camphor Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Pharma-Grade Synthetic Camphor Market
7.2.2. Canada Pharma-Grade Synthetic Camphor Market
7.3. North America Pharma-Grade Synthetic Camphor Market, By Formulation Type
7.3.1. Topical
7.3.2. Inhalation
7.4. North America Pharma-Grade Synthetic Camphor Market, By Application
7.4.1. Respiratory Disorder
7.4.2. Muscular Rheumatism
7.4.3. Counterirritant and Antipruritic
7.4.4. Others
7.5. North America Pharma-Grade Synthetic Camphor Market, By Distribution Channel
7.5.1. Conventional B2B
7.5.1.1. Tenders
7.5.1.2. Direct Procurement
7.5.1.3. Wholesalers & Distributors
7.5.2. Online B2B
7.5.2.1. Internal Channel
7.5.2.2. External Channel
7.6. North America Pharma-Grade Synthetic Camphor Market Attractiveness Index
7.6.1. By Country
7.6.2. By Distribution Channel
7.6.3. By Application
7.6.4. By Formulation Type
8. Latin America Pharma-Grade Synthetic Camphor Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Pharma-Grade Synthetic Camphor Market
8.2.2. Mexico Pharma-Grade Synthetic Camphor Market
8.2.3. Argentina Pharma-Grade Synthetic Camphor Market
8.2.4. Rest Of Latin America Pharma-Grade Synthetic Camphor Market
8.3. Latin America Pharma-Grade Synthetic Camphor Market, By Formulation Type
8.3.1. Topical
8.3.2. Inhalation
8.4. Latin America Pharma-Grade Synthetic Camphor Market, By Application
8.4.1. Respiratory Disorder
8.4.2. Muscular Rheumatism
8.4.3. Counterirritant and Antipruritic
8.4.4. Others
8.5. Latin America Pharma-Grade Synthetic Camphor Market, By Distribution Channel
8.5.1. Conventional B2B
8.5.1.1. Tenders
8.5.1.2. Direct Procurement
8.5.1.3. Wholesalers & Distributors
8.5.2. Online B2B
8.5.2.1. Internal Channel
8.5.2.2. External Channel
8.6. Latin America Pharma-Grade Synthetic Camphor Market Attractiveness Index
8.6.1. By Country
8.6.2. By Distribution Channel
8.6.3. By Application
8.6.4. By Formulation Type
9. Europe Pharma-Grade Synthetic Camphor Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Pharma-Grade Synthetic Camphor Market
9.2.2. Germany Pharma-Grade Synthetic Camphor Market
9.2.3. Italy Pharma-Grade Synthetic Camphor Market
9.2.4. France Pharma-Grade Synthetic Camphor Market
9.2.5. Spain Pharma-Grade Synthetic Camphor Market
9.2.6. Russia Pharma-Grade Synthetic Camphor Market
9.2.7. Poland Pharma-Grade Synthetic Camphor Market
9.2.8. BENELUX Pharma-Grade Synthetic Camphor Market
9.2.9. NORDIC Pharma-Grade Synthetic Camphor Market
9.2.10. Rest Of Europe Pharma-Grade Synthetic Camphor Market
9.3. Europe Pharma-Grade Synthetic Camphor Market, By Formulation Type
9.3.1. Topical
9.3.2. Inhalation
9.4. Europe Pharma-Grade Synthetic Camphor Market, By Application
9.4.1. Respiratory Disorder
9.4.2. Muscular Rheumatism
9.4.3. Counterirritant and Antipruritic
9.4.4. Others
9.5. Europe Pharma-Grade Synthetic Camphor Market, By Distribution Channel
9.5.1. Conventional B2B
9.5.1.1. Tenders
9.5.1.2. Direct Procurement
9.5.1.3. Wholesalers & Distributors
9.5.2. Online B2B
9.5.2.1. Internal Channel
9.5.2.2. External Channel
9.6. Europe Pharma-Grade Synthetic Camphor Market Attractiveness Index
9.6.1. By Country
9.6.2. By Distribution Channel
9.6.3. By Application
9.6.4. By Formulation Type
10. Asia Pacific Pharma-Grade Synthetic Camphor Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Pharma-Grade Synthetic Camphor Market
10.2.2. India Pharma-Grade Synthetic Camphor Market
10.2.3. Japan Pharma-Grade Synthetic Camphor Market
10.2.4. Australia And New Zealand Pharma-Grade Synthetic Camphor Market
10.2.5. South Korea Pharma-Grade Synthetic Camphor Market
10.2.6. ASEAN Pharma-Grade Synthetic Camphor Market
10.2.7. Rest Of Asia Pacific Pharma-Grade Synthetic Camphor Market
10.3. Asia Pacific Pharma-Grade Synthetic Camphor Market, By Formulation Type
10.3.1. Topical
10.3.2. Inhalation
10.4. Asia Pacific Pharma-Grade Synthetic Camphor Market, By Application
10.4.1. Respiratory Disorder
10.4.2. Muscular Rheumatism
10.4.3. Counterirritant and Antipruritic
10.4.4. Others
10.5. Asia Pacific Pharma-Grade Synthetic Camphor Market, By Distribution Channel
10.5.1. Conventional B2B
10.5.1.1. Tenders
10.5.1.2. Direct Procurement
10.5.1.3. Wholesalers & Distributors
10.5.2. Online B2B
10.5.2.1. Internal Channel
10.5.2.2. External Channel
10.6. Asia Pacific Pharma-Grade Synthetic Camphor Market Attractiveness Index
10.6.1. By Country
10.6.2. By Distribution Channel
10.6.3. By Application
10.6.4. By Formulation Type
11. Middle East Pharma-Grade Synthetic Camphor Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Pharma-Grade Synthetic Camphor Market
11.2.2. Israel Pharma-Grade Synthetic Camphor Market
11.2.3. Oman Pharma-Grade Synthetic Camphor Market
11.2.4. Rest Of Middle East Pharma-Grade Synthetic Camphor Market
11.3. Middle East Pharma-Grade Synthetic Camphor Market, By Formulation Type
11.3.1. Topical
11.3.2. Inhalation
11.4. Middle East Pharma-Grade Synthetic Camphor Market, By Application
11.4.1. Respiratory Disorder
11.4.2. Muscular Rheumatism
11.4.3. Counterirritant and Antipruritic
11.4.4. Others
11.5. Middle East Pharma-Grade Synthetic Camphor Market, By Distribution Channel
11.5.1. Conventional B2B
11.5.1.1. Tenders
11.5.1.2. Direct Procurement
11.5.1.3. Wholesalers & Distributors
11.5.2. Online B2B
11.5.2.1. Internal Channel
11.5.2.2. External Channel
11.6. Middle East Pharma-Grade Synthetic Camphor Market Attractiveness Index
11.6.1. By Country
11.6.2. By Distribution Channel
11.6.3. By Application
11.6.4. By Formulation Type
12. Africa Pharma-Grade Synthetic Camphor Market, By Region
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Pharma-Grade Synthetic Camphor Market
12.2.2. Egypt Pharma-Grade Synthetic Camphor Market
12.2.3. North Africa Pharma-Grade Synthetic Camphor Market
12.2.4. Rest Of Africa Pharma-Grade Synthetic Camphor Market
12.3. Africa Pharma-Grade Synthetic Camphor Market, By Formulation Type
12.3.1. Topical
12.3.2. Inhalation
12.4. Africa Pharma-Grade Synthetic Camphor Market, By Application
12.4.1. Respiratory Disorder
12.4.2. Muscular Rheumatism
12.4.3. Counterirritant and Antipruritic
12.4.4. Others
12.5. Africa Pharma-Grade Synthetic Camphor Market, By Distribution Channel
12.5.1. Conventional B2B
12.5.1.1. Tenders
12.5.1.2. Direct Procurement
12.5.1.3. Wholesalers & Distributors
12.5.2. Online B2B
12.5.2.1. Internal Channel
12.5.2.2. External Channel
12.6. Africa Pharma-Grade Synthetic Camphor Market Attractiveness Index
12.6.1. By Country
12.6.2. By Distribution Channel
12.6.3. By Application
12.6.4. By Formulation Type
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. Aldon Corporation
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Product Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. Fengchen Group Co., Ltd.
14.3.3. Mangalam Organics Limited
14.3.4. Merck KGaA
14.3.5. Nippon Fine Chemical Co., Ltd.
14.3.6. Oriental Aromatics Limited
14.3.7. Prinova Group LLC
14.3.8. Rochem International, Inc.
14.3.9. Saptagir Camphor Limited
14.3.10. Spectrum Chemical Mfg. Corp.
15. Acronyms