Santa Cruz Biotechnology, Inc, Hunan Sonbon Forestry Science & Technology Co., Ltd, and VDH Organics Pvt. Ltd, among others, are significant players in the global borneol market.
The global borneol market is supported by the growth of the global essential oils market, and is expected to grow at a CAGR of about 8% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the market is expected to be driven by the robust growth of the pharmaceutical and fragrance sectors.
The extensive deployment of borneol in the manufacturing of fragrances and other fragrant compounds is propelling the market growth. Borneol is also utilised to enable the transportation of various drugs to specific sites in traditional Chinese medicines. Moreover, the increasing demand for borneol in the preparation of various fragrances, including rosemary and lavender, among others, is propelling the market growth.
With the growing inclusion of fragrances in household and personal care products, the market is likely to grow robustly over the forecast period. In addition, the growing demand for floral consumer goods from both developed and developing markets is expected to fuel the market demand in the coming years.
The steadily growing pharmaceutical sector owing to the rising ageing population and the expanding healthcare services is augmenting the demand for borneol. The wide utilisation of borneol in the treatment of rheumatic illnesses such as spondyloarthritis is benefitting the market development.
The rising awareness regarding the health benefits of borneol to improve digestion, ease breathing, reduce anxiety, and manage wounds, among others, is pushing the market growth. With the increasing awareness regarding the positive impact of borneol to efficiently promote drugs in the brain, its utilisation to improve the brain delivery of nanoparticles is likely to grow in the forecast period.
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|Headquarters:||Texas, United States|
Santa Cruz Biotechnology is one of the world's biggest providers of antibodies and a pioneer in the development of innovative products for the biomedical research market. The company focuses on R&D activities in biochemicals, monoclonal antibodies, CRISPR products, and labware. Additionally, the company offers monoclonal antibodies that are directed to both non-mammalian and mammalian protein targets. Under its ChemCruz brand, it offers more than 175,000 speciality biochemicals.
Hunan Sonbon Forestry Science & Technology Co., Ltd. is Chinese company that utilises turpentine and rosin as its primary raw materials. The company aims to aid the state policy of the country by supporting green environmental protection, low carbon economy, and countryside, agriculture, and farmers, among others. The products offered by the company, including rosin, hydrogenated rosin, borneol, and paramenthane, among others, find wide utilisation in medicine, electronics, food, high-grade adhesives, and rubber products.
|Headquarters:||Uttar Pradesh, India|
VDH Organics Pvt. Ltd. is a manufacturer and exporter of various high-grade chemicals, including natural spice oils, aromatic chemicals, natural isolates, and natural essential oils, among others. With its state-of-the-art technology, the company products 900 MMT of thymol crystals annually and has an average annual turnover of more than USD 8 million. It has strong network presence across the Middle East, Africa, and Europe and offers innovative products for the animal veterinary, flavour, fragrances, toothpastes, and pharmaceutical sectors, among others.
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