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Camphor Tablet (synthetic) | |
| Camphor Tablet is one of the most common forms of camphor available in the market. Its main use is in religious purpose. It is used as a purifier when praying to God in Hindu religion. Camphor tablets are commonly used as a fragrance because of their pleasant smell. Camphor tablets are used for wide range of medical properties as it helps reduce pain and swelling, helps relax worn out muscles and reduces congestion and cough. They are used in manufacturing various medicines. Growing demand from the pharmaceutical industry is therefore the major factor driving the growth of camphor tablets in the market. High consumption of camphor tablets for religious rituals in India is another factor boosting market growth for camphor tablets. Camphor Tablets market was valued at US$ 93.9 Mn in 2016 and is expected to reach US$ 145.6 Mn by 2022, growing at a CAGR of 7.6% during the forecast period 2016-2022. Pharmaceutical was the leading end-user segment with more than 30% share of global camphor tablets market. The medicinal properties of camphor have led to high demand for manufacturing different types of medicines for different pains and diseases. Camphor tablets are also used in manufacturing wide range of ayurvedic medicines. Hence, pharmaceutical is expected to create strong demand for camphor tablets in the market. Food accounted to be the second largest application of camphor tablets as it is used as essence in various food products. Also in agriculture, camphor tablets are used to keep moths and insects away. It is used as an abuser to keep reptiles and insects away in agriculture and even in household activities. Therefore, there is constant demand for agricultural camphor tablets. In skin care products, Camphor tablets are also used to reduce acne and pimples. Therefore, in many skin care products and hair care products the chemical industry makes use of camphor because of its beneficial properties. However, the high flammability of dimethyl camphor is expected to impact negatively on the growth of the camphor tablets market over the forecast period. | |
| Plant capacity: - | Plant & machinery: - |
| Working capital: - | T.C.I: - |
| Return: 1.00% | Break even: N/A |
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