Camphor (Cinnamomum camphora) is a white, crystalline substance with a strong odor and pungent taste, derived from the wood of camphor laurel (Cinnamomum camphora) and other related trees of laurel family. 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. Camphor (C10H16O), is a naturally occurring bicyclic ketone, which is principally present in the volatile oils of camphor ex Cinnamomum camphora (Linn.) Nees at Ebermaier, fare. Lauraceae and of ocimum from Ocimum kilimandscharicwn Guerke, fare. Labiatae. Camphor used to be made by distilling the bark and wood of the camphor tree. Today, camphor is chemically manufactured from turpentine oil. It is used in products such as Vicks VapoRub. Camphor products can be rubbed on the skin (topical application) or inhaled. Modern uses include camphor as a plasticizer for nitrocellulose, as a moth repellent, as an antimicrobial substance, in embalming, and in fireworks. Solid camphor releases fumes that form a rust-preventative coating, and is therefore stored in tool chests to protect tools against rust. Camphor market is highly fragmented and dominated by regional players mainly owing to low capital investment in the market. 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.