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US Camphor Market

ID: MRFR/CnM/19087-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Camphor Market Research Report: By Form (Powder, Oil, Tablet, Others), By Grade (Pharmaceutical Grade, Food Grade, Others), By Application (Plasticizer, Paints and Lacquers, Flavours and Fragrances, Hygiene and Medical, Disinfectant and Insecticide, Others) and By End-Use Industry (Pharmaceutical, Food & Beverage, Agrochemical, Cosmetics and Personal Care, Chemical, Paper, Others) - Forecast to 2035. US Camphor Market Research Report: By Form (Powder, Oil, Tablet, Others), By Grade (Pharmaceutical Grad... read more

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US Camphor Market
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US Camphor Market Summary

As per Market Research Future analysis, the US camphor market Size was estimated at 116.09 USD Million in 2024. The US camphor market is projected to grow from 120.99 USD Million in 2025 to 183.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.2% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US camphor market is experiencing a notable shift towards natural and sustainable products.

  • The demand for natural products is rising, reflecting a broader consumer preference for organic and eco-friendly options.
  • Innovations in applications are expanding the use of camphor across various industries, enhancing its market appeal.
  • Sustainability initiatives are driving companies to adopt camphor as a key ingredient in their formulations.
  • The increasing use in pharmaceuticals and expansion in personal care products are major drivers propelling market growth.

Market Size & Forecast

2024 Market Size 116.09 (USD Million)
2035 Market Size 183.0 (USD Million)
CAGR (2025 - 2035) 4.22%

Major Players

Kanchi Karpooram Limited (IN), Mohan Camphor (IN), Camphor and Allied Products Limited (IN), Hindustan Mint & Agro Products Pvt Ltd (IN), Nantong Luyuan Chemical Co Ltd (CN), Zhengzhou Aohong Chemical Co Ltd (CN), Sambavanam Agencies (IN), Shree Karthikeya Chemicals (IN)

US Camphor Market Trends

The camphor market is currently experiencing a notable transformation, driven by various factors including consumer preferences and regulatory changes. The demand for natural and organic products is on the rise, as consumers increasingly seek alternatives to synthetic substances. This shift is influencing the production and distribution of camphor, which is derived from the wood of the camphor tree. Additionally, the market is witnessing innovations in applications, particularly in the pharmaceutical and cosmetic sectors, where camphor is valued for its therapeutic properties. As a result, manufacturers are adapting their strategies to align with these evolving trends, potentially leading to a more competitive landscape. Moreover, sustainability concerns are becoming more pronounced within the camphor market. Stakeholders are focusing on environmentally friendly sourcing and production methods, which may enhance the appeal of camphor products among eco-conscious consumers. This trend is likely to encourage investments in sustainable practices, thereby fostering a more responsible industry. The interplay between consumer demand, regulatory frameworks, and sustainability initiatives suggests that the camphor market is poised for growth, albeit with challenges that require careful navigation by industry players.

Rising Demand for Natural Products

There is an increasing consumer preference for natural and organic products, which is influencing the camphor market. This trend is prompting manufacturers to explore sustainable sourcing and production methods, thereby enhancing the appeal of camphor derived from natural sources.

Innovations in Applications

The camphor market is witnessing innovations, particularly in the pharmaceutical and cosmetic sectors. The therapeutic properties of camphor are being leveraged in new formulations, which may expand its usage and attract a broader consumer base.

Sustainability Initiatives

Sustainability is becoming a focal point within the camphor market. Stakeholders are increasingly prioritizing environmentally friendly practices, which could lead to enhanced brand loyalty among consumers who value eco-conscious products.

Market Segment Insights

By Form: Oil (Largest) vs. Powder (Fastest-Growing)

In the current market landscape, the distribution of market share among various forms of camphor reflects notable trends and preferences. Oil stands out as the largest segment, possessing a substantial share within the US camphor market. Meanwhile, the Powder segment is gaining traction rapidly, indicating evolving consumer preferences and applications in diverse industries. This competitive dynamic emphasizes the significance of product form in shaping overall market strategies. The pathways for growth in the camphor segment are driven by increasing demand in health and wellness sectors, alongside a rising interest in natural remedies. The Powder form is emerging as a popular choice due to its versatility and ease of use, being utilized in both medicinal and aromatic applications. In contrast, the Oil form maintains its dominance through established usage in therapeutic contexts, bolstered by continuous innovation and marketing efforts aimed at enhancing its appeal.

Oil (Dominant) vs. Powder (Emerging)

The Oil form of camphor remains a dominant player in the US camphor market, known for its therapeutic properties and widespread application in essential oil blends and holistic health products. Its liquid form facilitates easy integration into various formulations, making it a preferred choice among manufacturers. On the other hand, the Powder form is emerging as a significant contender, finding uses in medicinal applications and personal care products. Its growing popularity is attributed to a surge in consumer interest in natural ingredients and DIY formulations. As both segments continue to evolve, they represent unique characteristics that cater to distinct consumer needs, contributing to a vibrant market landscape.

By Grade: Pharmaceutical Grade (Largest) vs. Food Grade (Fastest-Growing)

The US camphor market shows that Pharmaceutical Grade accounts for the largest share of the overall segment, driven by its extensive application in medicinal formulations and therapeutic products. Food Grade follows, primarily supported by its inclusion as a flavoring agent and preservative in food products, highlighting its notable presence within the consumer goods sector. Others, while present, occupy a smaller portion of the market, reflecting niche applications that cater to specialized needs. Growth trends in the US camphor market indicate a rising demand for both Pharmaceutical and Food Grade segments. The increasing focus on health and wellness has propelled Pharmaceutical Grade forward, with innovations in drug formulations pushing its consumption higher. Meanwhile, Food Grade is gaining traction as health-conscious consumers seek natural and safe additives. The combined effect of regulatory approvals and growing consumer awareness is anticipated to boost these segments considerably over the next few years.

Pharmaceutical Grade (Dominant) vs. Food Grade (Emerging)

Pharmaceutical Grade camphor dominates the US camphor market due to its critical role in medicinal applications, emphasizing safety and efficacy in drug formulations. This grade is characterized by high purity standards, which make it essential for developing various pharmaceutical products, including ointments and respiratory aids. On the other hand, Food Grade camphor is emerging as a significant player driven by trends towards clean-label products and natural ingredients in food processing. Its use as a food flavoring agent and preservative appeals to consumers seeking quality, thereby fostering rapid growth. The precedence of natural ingredients in dietary preferences positions Food Grade camphor as a vital part of the evolving market landscape.

By Application: Flavours and Fragrances (Largest) vs. Hygiene and Medical (Fastest-Growing)

In the US camphor market, the application segments demonstrate a diverse distribution, with Flavours and Fragrances capturing the largest share, reflecting its integral role in food and cosmetic industries. Following this, the Plasticizer and Paints and Lacquers segments hold significant but smaller slices of the market, with Hygiene and Medical emerging as a noteworthy sector driven by growth in health-focused products. The Disinfectant and Insecticide segment also plays a critical role, particularly in the ongoing focus on sanitation.

Flavours and Fragrances (Dominant) vs. Hygiene and Medical (Emerging)

The Flavours and Fragrances segment remains dominant in the US camphor market due to its application in various consumer products, including food, beverages, and personal care items. This segment benefits from high consumer demand for innovative and appealing scents. Meanwhile, the Hygiene and Medical segment is emerging rapidly, propelled by increased health awareness and hygiene practices, particularly in the wake of global health challenges. This has led to heightened demand for products such as hand sanitizers and antiseptics, showcasing its potential to capture a larger market share in the coming years.

By End-Use Industry: Pharmaceutical (Largest) vs. Cosmetics and Personal Care (Fastest-Growing)

The US camphor market is predominantly driven by the pharmaceutical sector, which commands the largest share. This segment benefits from the increasing demand for pain relief and cough suppressant products, leveraging camphor's therapeutic properties. Following closely are the food & beverage and agrochemical segments, exhibiting steady growth as they incorporate natural ingredients in various formulations. The cosmetics and personal care segment is also emerging, demonstrating significant interest in camphor for its skin care properties. Growth trends in the US camphor market are influenced by rising consumer awareness of natural remedies and the shift towards organic products. The cosmetic and personal care industry, in particular, is experiencing rapid expansion due to increased consumer demand for sustainable and high-quality products. Additionally, regulatory support for herbal products is enhancing market potential, driving innovations and attracting investments in this sector.

Pharmaceutical (Dominant) vs. Cosmetics and Personal Care (Emerging)

The pharmaceutical segment is a dominant force in the US camphor market, widely utilized in various medicinal products for its effectiveness in alleviating respiratory and muscular conditions. Its established presence is bolstered by rigorous research and development, ensuring compliance with health regulations. On the other hand, the cosmetics and personal care segment represents an emerging opportunity, incorporating camphor into formulations for its anti-inflammatory and refreshing properties. This segment is rapidly growing as consumers seek natural ingredients. Brands are increasingly focusing on creating innovative products that highlight camphor's benefits, taking advantage of the trend towards clean beauty and wellness, thus, expanding their market reach.

Get more detailed insights about US Camphor Market

Key Players and Competitive Insights

The camphor market exhibits a competitive landscape characterized by a blend of traditional practices and modern innovations. Key growth drivers include the rising demand for natural products in pharmaceuticals, cosmetics, and food industries. Major players such as Kanchi Karpooram Limited (India), Mohan Camphor (India), and Hindustan Mint & Agro Products Pvt Ltd (India) are strategically positioned to leverage their extensive manufacturing capabilities and established distribution networks. These companies focus on enhancing product quality and expanding their market reach, which collectively shapes a competitive environment that is moderately fragmented yet dynamic.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and optimize supply chains. The market structure appears to be moderately fragmented, with several players vying for market share. The collective influence of these key players is significant, as they engage in strategic partnerships and collaborations to enhance their operational efficiencies and product offerings.

In October 2025, Kanchi Karpooram Limited (India) announced a partnership with a leading pharmaceutical company to develop a new line of camphor-based medicinal products. This strategic move is likely to enhance Kanchi's product portfolio and strengthen its position in the pharmaceutical sector, tapping into the growing trend of natural remedies. The collaboration may also facilitate access to advanced research and development capabilities, thereby fostering innovation.

In September 2025, Mohan Camphor (India) launched a new eco-friendly camphor product line aimed at the cosmetics market. This initiative reflects a growing consumer preference for sustainable and environmentally friendly products. By aligning its offerings with current market trends, Mohan Camphor is likely to attract a broader customer base and enhance brand loyalty, positioning itself as a leader in sustainable practices within the industry.

In August 2025, Hindustan Mint & Agro Products Pvt Ltd (India) expanded its production capacity by investing in state-of-the-art manufacturing technology. This investment is expected to improve production efficiency and product quality, allowing the company to meet the increasing demand for camphor in various applications. The enhancement of manufacturing capabilities may also provide Hindustan with a competitive edge in pricing and supply reliability.

As of November 2025, current competitive trends indicate a shift towards digitalization, sustainability, and the integration of AI technologies in production processes. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and supply chain reliability, as companies strive to meet the changing demands of consumers.

Key Companies in the US Camphor Market market include

Industry Developments

The US Camphor Market has recently seen notable developments, particularly in the activities of key players like Bannister Chemical, Jiangxi Sinnae Chemicals, and Eastman Chemical Company. In June 2023, Gujarat Gasket Manufacturing announced an expansion of its production capacity to meet increasing domestic demand for camphor, aligning with the upward trend in consumer preferences for natural products.

Tirupati Balaji Camphor and Feng Huang Chemical have also reported a significant increase in their market valuations, attributed largely to rising production efficiencies and expanded distribution networks. Looking back, in April 2022, Sanjay Chemical and Vardhman Chemicals engaged in strategic partnerships to enhance their operational capabilities, further signaling a consolidation trend in the market.

However, there have been no major mergers or acquisitions reported among the specified companies in the last six months. The growth in market valuation among these companies impacts overall market dynamics, reflecting a shift towards sustainable camphor sourcing and production. Government initiatives favoring natural and bio-based chemicals have also positively influenced market stability and growth prospects within the region, with industry stakeholders gearing up for future expansions that capitalize on these regulatory developments.

Future Outlook

US Camphor Market Future Outlook

The camphor market is projected to grow at a 4.22% CAGR from 2024 to 2035, driven by increasing demand in pharmaceuticals, cosmetics, and food industries.

New opportunities lie in:

  • Expansion into biodegradable packaging solutions using camphor derivatives.
  • Development of camphor-based natural insect repellents for eco-conscious consumers.
  • Investment in R&D for innovative camphor applications in aromatherapy and wellness products.

By 2035, the camphor market is expected to achieve robust growth, driven by diverse applications and innovation.

Market Segmentation

US Camphor Market Form Outlook

  • Powder
  • Oil
  • Tablet
  • Others

US Camphor Market Grade Outlook

  • Pharmaceutical Grade
  • Food Grade
  • Others

US Camphor Market Application Outlook

  • Plasticizer
  • Paints and Lacquers
  • Flavours and Fragrances
  • Hygiene and Medical
  • Disinfectant and Insecticide
  • Others

US Camphor Market End-Use Industry Outlook

  • Pharmaceutical
  • Food & Beverage
  • Agrochemical
  • Cosmetics and Personal Care
  • Chemical
  • Paper
  • Others

Report Scope

MARKET SIZE 2024116.09(USD Million)
MARKET SIZE 2025120.99(USD Million)
MARKET SIZE 2035183.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.22% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies Profiled["Kanchi Karpooram Limited (IN)", "Mohan Camphor (IN)", "Camphor and Allied Products Limited (IN)", "Hindustan Mint & Agro Products Pvt Ltd (IN)", "Nantong Luyuan Chemical Co Ltd (CN)", "Zhengzhou Aohong Chemical Co Ltd (CN)", "Sambavanam Agencies (IN)", "Shree Karthikeya Chemicals (IN)"]
Segments CoveredForm, Grade, Application, End-Use Industry
Key Market OpportunitiesGrowing demand for natural and organic products enhances opportunities in the camphor market.
Key Market DynamicsRising demand for natural products drives innovation and competition in the camphor market.
Countries CoveredUS

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FAQs

What is the projected market size of the US Camphor Market in 2024?

The US Camphor Market is expected to be valued at 115.5 million USD in 2024.

What size is the US Camphor Market expected to reach by 2035?

By 2035, the overall US Camphor Market is projected to be valued at 183.99 million USD.

What is the expected CAGR for the US Camphor Market from 2025 to 2035?

The expected CAGR for the US Camphor Market from 2025 to 2035 is 4.323%.

What are the key forms of camphor in the US market?

The key forms of camphor in the US market include Powder, Oil, Tablet, and Others.

What is the projected value of the camphor powder segment by 2035?

The camphor powder segment is projected to be valued at 65.0 million USD by 2035.

What value is the camphor oil segment expected to achieve in 2024?

The camphor oil segment is expected to be valued at 30.0 million USD in 2024.

Who are the major players in the US Camphor Market?

Major players in the market include Bannister Chemical, Gujarat Gasket Manufacturing, and Tirupati Balaji Camphor.

What is the value of the camphor tablet segment expected to reach by 2035?

The camphor tablet segment is expected to reach a value of 40.0 million USD by 2035.

How much is the 'Others' segment of the camphor market projected to be worth by 2035?

The 'Others' segment of the camphor market is projected to be worth 30.99 million USD by 2035.

What opportunities and trends are emerging in the US Camphor Market?

Emerging trends include increased demand for natural products and applications in pharmaceuticals and cosmetics.

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