Lucintel Forecasts the Global Thyme Camphor Market is expected to grow with a CAGR of 10.5% from 2024 to 2030
Lucintel Forecasts the Global Thyme Camphor Market is expected to grow with a CAGR of 10.5% from 2024 to 2030
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According to a market report by Lucintel, the future of the global thyme camphor market looks promising with opportunities in the pharmaceutical, pesticide, chemical, and solvent markets. The global thyme camphor market is expected to grow with a CAGR of 10.5% from 2024 to 2030. The major drivers for this market are growing inclination among consumers towards natural and organic items, rising awareness about the benefits of herbal products, expanding interest in aromatherapy and the need for natural personal care products, as well as, the increased interest of the pharmaceutical sector in creating medications with natural origins.
A more than 150-page report to understand trends, opportunity and forecast in thyme camphor market to 2030 by type (98%, 99%, 99.9%, and others), application (pharmaceuticals, pesticides, chemicals, solvents, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that 98% is expected to witness the highest growth over the forecast period due to it’s affordability and broader applications in several industries.
Within this market, pharmaceutical will remain the largest segment due to thyme camphor finds extensive use in pharmaceuticals owing to its antiseptic, anti-inflammatory, and expectorant properties.
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APAC will remain the largest region over the forecast period due to rising disposable income in APAC countries increases demand for consumer goods containing thyme camphor, particularly in pharmaceuticals and food and beverages.
Meryer Chemical Technology, J & K SCIENTIFIC, Alfa Aesar, TCI AMERICA, HBCChem, BOC Sciences, ABCR, BASF, Borsodchem, Braskem are the major suppliers in the thyme camphor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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