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Global Borneol Market Analysis, Share, Trends, Forecast: By Type: Natural, Synthetic; By Product: Raw, Processed; By Application: Pharmaceutical, Personal Care, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Borneol Market Outlook
The global borneol market is aided by the growth of the essential oils industry, in which the product finds its significant application. The global essential oils market reached a volume of 222.97 thousand metric tons in 2023. The essential oil industry is further expected to grow at a CAGR of about 8% in the forecast period of 2024-2032.
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The Asia Pacific to Significantly Boost the Global Borneol Market Growth
Due to the presence of numerous pharmaceutical companies in the region, the Asia Pacific is expected to account for a significant portion of the global borneol market. Due to the product's significance in Chinese medicine, China is projected to hold a leading share in the borneol industry in the Asia Pacific. The borneol industry in North America is also expected to expand rapidly during the forecast period due to the rising production of biologic medicines in the region.
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Borneol: Market Segmentation
Borneol refers to a crystalline cyclic alcohol which is, particularly used for the production of perfumes and other smelling substances. Borneol is often used as a messenger drug in traditional Chinese medicine, containing a number of herbs. It is also a part of several essential oils. Borneol is also used to prevent cardiovascular disease in a combined solution as it tones the heart and enhances circulation.
Based on type, the industry can be divided into natural and synthetic. The natural segment can be further divided into the following types:
- D Borneol
- L Borneol
The products in the industry can be bifurcated into raw and processed. On the basis of applications, the market is segmented into:
- Pharmaceutical
- Personal Care
- Others
The regional markets for borneol can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Pharmaceutical and Perfume Industries to Aid the Market Growth
The pharmaceutical and perfume sectors are significantly contributing to the demand for borneol. The pharmaceutical industry has gradually grown in recent years as the population is ageing and health services have been strengthened. The rapid advancements in the pharmaceutical industry have also contributed to the growth of the borneol industry as borneol is extensively used in the treatment for rheumatic diseases like spondyloarthrosis. The rise in the disposable incomes in the emerging markets is anticipated to be followed by the improved living standards of the middle-class, as well as by a mild growth in the perfume industry, which is, in effect, anticipated to propel the market for borneol forward. In addition, the increasing demand for exotic and floral consumer products from the emerging regions is projected to further contribute to the industry's growth.
Key Industry Players in the Global Borneol Market
The report gives a detailed analysis of the following key players in the global borneol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Santa Cruz Biotechnology, Inc.
- Hunan Sonbon Forestry Science & Technology Co., Ltd.
- VDH Organics Pvt. Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Borneol Market Analysis
8.1 Key Industry Highlights
8.2 Global Borneol Historical Market (2018-2023)
8.3 Global Borneol Market Forecast (2024-2032)
8.4 Global Borneol Market by Type
8.4.1 Natural
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 D Borneol
8.4.1.3.1.1 Historical Trend (2018-2023)
8.4.1.3.1.2 Forecast Trend (2024-2032)
8.4.1.3.2 L Borneol
8.4.1.3.2.1 Historical Trend (2018-2023)
8.4.1.3.2.2 Forecast Trend (2024-2032)
8.4.2 Synthetic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Borneol Market by Product
8.5.1 Raw
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Processed
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Borneol Market by Application
8.6.1 Pharmaceutical
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Personal Care
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Borneol Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Borneol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Borneol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Borneol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Borneol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Borneol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Santa Cruz Biotechnology, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Hunan Sonbon Forestry Science & Technology Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 VDH Organics Pvt. Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1 Global Borneol Market: Key Industry Highlights, 2018 and 2032
2 Global Borneol Historical Market: Breakup by Type (Thousand Metric Tons), 2018-2023
3 Global Borneol Market Forecast: Breakup by Type (Thousand Metric Tons), 2024-2032
4 Global Borneol Historical Market: Breakup by Product (Thousand Metric Tons), 2018-2023
5 Global Borneol Market Forecast: Breakup by Product (Thousand Metric Tons), 2024-2032
6 Global Borneol Historical Market: Breakup by Application (Thousand Metric Tons), 2018-2023
7 Global Borneol Market Forecast: Breakup by Application (Thousand Metric Tons), 2024-2032
8 Global Borneol Historical Market: Breakup by Region (Thousand Metric Tons), 2018-2023
9 Global Borneol Market Forecast: Breakup by Region (Thousand Metric Tons), 2024-2032
10 North America Borneol Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
11 North America Borneol Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
12 Europe Borneol Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
13 Europe Borneol Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
14 Asia Pacific Borneol Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
15 Asia Pacific Borneol Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
16 Latin America Borneol Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
17 Latin America Borneol Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
18 Middle East and Africa Borneol Historical Market: Breakup by Country (Thousand Metric Tons), 2018-2023
19 Middle East and Africa Borneol Market Forecast: Breakup by Country (Thousand Metric Tons), 2024-2032
20 Global Borneol Market Structure
Key Questions Answered in the Report
In 2023, the global essential oil market attained a volume of 222.97 thousand metric tons.
The essential oil market is projected to grow at a CAGR of 8% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing population, increasing hygiene awareness, improving lifestyles, and growing demand from the cosmetics industry, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand for exotic and floral consumer products and growing advancements in the pharmaceutical industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of borneol in the industry are natural and synthetic.
The major products of borneol in the market are raw and processed.
The significant application segments in the industry are pharmaceutical and personal care, among others.
The major players in the industry are Santa Cruz Biotechnology, Inc., Hunan Sonbon Forestry Science & Technology Co., Ltd., and VDH Organics Pvt. Ltd., among others.
Analyst Review
The global borneol market is being driven by the essential oil industry. The essential oil market attained a volume of 206.45 thousand metric tons in 2023. The essential oil market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 8%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By type, the market can be segmented into natural and synthetic. On the basis of product, the industry is divided into raw and processed. Based on application, the industry can be categorised into pharmaceutical and personal care, among others. The major regional markets for borneol are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Santa Cruz Biotechnology, Inc., Hunan Sonbon Forestry Science & Technology Co., Ltd., and VDH Organics Pvt. Ltd., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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