Camphor Manufacturing

INTRODUCTION
Camphor is one of the products used during religious prayers. This is a part of worship since ancient days. These are available in different size and shape but in general available in square shape with 3-5 thickness. Camphor is waxy, flammable transparent solid with a strong aroma. Camphor tree is native to China, India, Mongolia, Japan and Taiwan and a variety of this fragrant evergreen tree is grown in Southern United States; Especially in Florida. Camphor is obtained through steam distillation, purification and sublimation of wood, twigs and bark of the tree. Solid Camphor releases fumes that form a rust preventive coating and is therefore stored in tool chests to protect tools against rust. The industry is characterized by high degree of competition and major players compete on price differentiation. Therefore, camphor is a price sensitive market with less scope for product differentiation.

USES OF CAMPHOR:
▶ Puja: If you are in India, you must be well versed with the use of Camphor in Puja.
▶ Pharma: Camphor is used as a key ingredient for pain relief. Primarily used in 2 forms- Topical (Surface of body parts) & Inhalers. Camphor is a key ingredient in Vicks, Amrutanjan, Moov, Volini, Tiger Balm etc. In numerous Private labelled medicines, Sports injury medications etc.
▶ Tyre: used in formulating adhesives to increase the tack, the stickiness of the surface of the adhesive.(Terpene Phenolic Resin)
▶ Paint: Used as a solvent for paints(Dipentene)
▶ Flavours and fragrances & Cosmetics: Key ingredient to prepare the final mix. The requirement is more so in the flavours industry.

MARKET POTENTIAL
▶ According to a new market report published by Credence Research “Camphor Tablets Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2021,” the camphor tablets market was valued at US$ 0.093 Billion in 2015, and is expected to reach US$ 0.145 Billion by 2022, expanding at a CAGR of 7.6% from 2016 to 2022.
▶ Due to good chemical properties it has wide range of application in various end user industries such as pharmaceuticals, food, agriculture and chemical among several others. Rising demand of camphor for the ointments is anticipated to drive the growth for the market.