Borneol is a bicyclic organic compound and a terpene derivative. The hydroxyl group in this compound is placed in an endo position. There are two different enantiomers of borneol. Borneol is used in traditional Chinese medicine. The excessive use in Pharmaceutical, personal care and in chemical lab has made the market broader for borneol.
The global borneol market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global borneol market is growing at a fast pace and increasing its geographical footprint rapidly. The global borneol market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.
Borneol is an eye, skin, and respiratory irritant; it is harmful if swallowed. There is a lot of regulation to use this in the finished end use products. That is the restrainer for the market.
Europe ,China and USA are leading the market .The key players of the global borneol market are DeqingYinlong Industrial, Huangpu Chemical Pharmaceutical ,Sonbon Forestry Science & Technology, XinhuangLongnao Development Limited, International Flavors & Fragrances, and so on.
Research Methodology
The research process includes the market segmentation of the global borneol market market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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