Borneol Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The global borneol market size reached a volume of 222.97 TMT in 2024. The market is projected to grow at a CAGR of 8.00% between 2025 and 2034 to reach nearly a volume of 481.38 TMT by 2034.

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.

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
• Synthetic

On the basis of Products, the market is segmented into:

• Raw
• 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
• Asia-Pacific
• Latin America
• Middle East and Africa

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 report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.