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Pharma-grade Synthetic Camphor Market to be valued at US$ 532.0 Mn by 2028

Pharma-grade Synthetic Camphor Market to be valued at US$ 532.0 Mn by 2028

According to the latest research by the company, the global pharma-grade synthetic camphor market size is anticipated to be valued at US$ 532.0 Mn, by 2028 end. The report on pharma-grade synthetic camphor market further projects significant growth potential with average year-on-year growth rate pegged at 4.1% through 2028.

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Camphor Market Trends, Size, Share, Growth and Forecast 2024

Camphor Market Trends, Size, Share, Growth and Forecast 2024

Axiom MRC added Camphor Market Report, By Product Type, Crop Type, Application and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024

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Next Generation Optical Biometry Devices Market is Projected to Grow US$ 450 Mn by 2028

Next Generation Optical Biometry Devices Market is Projected to Grow US$ 450 Mn by 2028

Increasing rate of self-medication among patients and availability of over the counter (OTC) drugs in the market is expected to increase adoption of OTC analgesics containing camphor. Several patients prefer using OTC decongestants for temporary relief from nasal and Eustachian tube congestion. Vicks VapoRub is one of the largest OTC analgesic brands that contain camphor as one of the main ingredients, reported a revenue of US$ 60,914 in 2016. The self-medication is also resulting in the adoption of such OTC products by large-scale pharmacy chains. The increased rate of self-medication thus results in more consumption of camphor-containing OTC products. Increasing consumption of camphor-containing OTC products is expected to propel the growth of pharma-grade synthetic camphor market

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Global Camphor market

Global Camphor market

Global Camphor market is driven by growing demand for making medicine for different type of diseases. Global camphor market is anticipated to grow at a CAGR of 8 % over the forecast period.

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Camphor Market Trends, Share, Size and 2026 Forecasts Report

Camphor Market Trends, Share, Size and 2026 Forecasts Report

The research report on Camphor Market is segmented by Product type, by Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

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