Camphene is basically a type of organic compound, and it belongs to a bicyclic monoterpene. It is nearly known to be insoluble in water; however, it very soluble in common organic solvents. It volatilizes readily at room temperature. As an important organic as well as a synthetic material, camphene is widely utilized in flavor & fragrance, synthetic material as well as pesticide. Flavor & fragrance is considered as the largest application of camphene, taking about 58.15% of the world camphene consumption in the year of 2015.
MARKET DYNAMICS
The camphene market has witnessed a significant growth owing to factors such as wider application in flavor & fragrance, synthetic material, pesticide, and others. Camphene, as a colorless crystal with a pungent, camphor-like odor, is utilized as a camphor substitute, a fragrance, in the manufacture of synthetic camphor, as well as an additive for food flavoring. It is further used as a plasticizer for lacquers and resins. Camphene is used in the preparation of food additive for flavoring. However, fluctuating raw material prices and regulations on the same may hamper the growth of the camphene market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Camphene Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the camphene market with detailed market segmentation by type, application, and geography. The global camphene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading camphene market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global camphene market is segmented on the basis of type, and application. On the basis of type, the camphene market is segmented into general type and others. The camphene market on the basis of the application is classified into flavor & fragrance, synthetic material, pesticide, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global camphene market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The camphene market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the camphene market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the camphene market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global camphene market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from camphene market are anticipated to lucrative growth opportunities in the future with the rising demand for camphene in the global market. Below mentioned is the list of few companies engaged in the camphene market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the camphene market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AlEn Industries
- Camphor & Allied Products
- Dujodwala Resins & Terpenes
- Fujian Green Pine
- Himachal Terepene Products Private
- Kanchi Karpooram
- Orgsintez OJSC
- Saptagir Camphor
- Sky Dragon Fine-Chem
- Suzhou Youhe Science and Technology
- Cargill Incorporated
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.