Global Camphor Market is Expected to Thrive at a CAGR 7.9% in Near Future, according to Research Nester
The camphor is segment into application such Pharmaceuticals, Agriculture, Chemicals Industry, Food industry, others. Among this pharmaceutical is expected to dominate the overall market and is projected to reach a remarkable CAGR by 2027. The growing demand of camphor for medicinal purpose for the treatment of toenail, warts, cold sores, hemorrhoids, osteoarthritis, congestion, cough, and skin infections is likely to drive the growth of the market. Further, it is widely used I the form of liquid oil in pharmaceutical sector for making medicines. Camphor market is expected to register a CAGR of 7.4% over the forecast period. The camphor is expected to reach valuable USD million by the end of 2027. Additionally, it has several applications in various sectors such as agriculture and pharmaceutical and others which are expected to raise the demand of the camphor in upcoming years. Geographically, Asia Pacific accounted for the largest market of camphor in term of market share in ...