The global demand for Borneol Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Borneol, an organic compound is a common ingredient of many Chinese herbal formulations. Borneol is either derived from a tree belonging to the team family or synthesized from camphor or turpentine oil.it has a wide range of uses in acupuncture therapies involving the heart, digestive system, respiratory tract, photophobia, Psoriasis and swelling of the throat. It is used to alleviate stress and anxiety. Borneol is also used as a food flavouring, in fragrances and essential oils used in acupuncture therapies. It can as well be used to relieve pain and inflammation caused by haemorrhoids. It has analgesic and anti-fungal properties and hence used as an insect repellent.
The growing demand for traditional Chinese herbal remedies for curing certain common medical conditions is the main driver for the borneol market. Rapid urbanization and increased expenses on personal care have led to the growing demand for borneol based perfumes. Increased investment in the healthcare sector and the growing geriatric population will further boost the demand for borneol. Rising disposable income and greater demand for exotic fragrances will be a market booster. COVID-19 pandemic has caused resentment towards Chinese herbals and hence the borneol market will witness a slump for a while. The main hampering factor in the use of borneol is the fact that it is a toxic compound and van prove to be lethal if taken orally.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of borneol.
The entire borneol market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Chemical Intermediates
- Rubber Accelerators
- Synthetic Resins
This section covers regional segmentation which accentuates on current and future demand for borneol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Borneol Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the borneol market include DeqingYinlong Industrial, Huangpu Chemical Pharmaceutical, Sonbon Forestry Science & Technology, XinhuangLongnao Development Limited, International Flavors& Fragrances, Dutch East India Company. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.