What is Camphene - Global Market?
Camphene, a bicyclic monoterpene, is a significant component of the global market. It is a colorless crystal that is found in the essential oils of numerous plant species, including camphor, cypress, and citronella. The global Camphene market, valued at US$ 35 million in 2022, is projected to reach a value of US$ 46 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period of 2023-2029. The largest producer of camphene is China, contributing about 60% to the total market. India follows China, accounting for approximately 20% of the global market.
Super Grade, First Grade, Second Grade, Others in the Camphene - Global Market:
The Camphene market is segmented into Super Grade, First Grade, Second Grade, and Others. Super Grade camphene is the purest form, used in high-end applications such as pharmaceuticals and cosmetics. First Grade camphene, slightly less pure, finds usage in the production of synthetic materials and pesticides. Second Grade camphene, with a lower purity level, is used in less critical applications. The 'Others' category includes various grades of camphene used in different industrial applications. Each grade has its unique properties and applications, contributing to the overall growth of the global Camphene market.
Flavor & Fragrance, Synthetic Material, Pesticide, Other in the Camphene - Global Market:
Camphene finds extensive usage in various areas such as Flavor & Fragrance, Synthetic Material, Pesticide, and Other. In the Flavor & Fragrance industry, camphene is used as a key ingredient in many perfumes and food flavorings due to its unique aroma. In the Synthetic Material industry, it is used in the production of plastics and resins. Camphene also plays a crucial role in the Pesticide industry, where it is used as an active ingredient in many insecticides and fungicides. The 'Other' category includes various applications of camphene in industries such as pharmaceuticals, cosmetics, and personal care products.
Camphene - Global Market Outlook:
To rephrase the market outlook, the global Camphene market, which was worth US$ 35 million in 2022, is expected to grow to US$ 46 million by 2029. This growth represents a CAGR of 3.8% during the forecast period from 2023 to 2029. The majority of the camphene production is concentrated in China, which accounts for 60% of the total market. India is the second-largest producer, contributing about 20% to the global market.
| Report Metric | Details |
| Report Name | Camphene - Market |
| Forecasted market size in 2029 | US$ 46 million |
| CAGR | 3.8% |
| Forecasted years | 2023 - 2029 |
| Global Camphene market, by region: |
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| Global Camphene market, Segment by Type: |
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| Global Camphene market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
