Castor Oil Market - Global Industry Analysis

Castor Oil Market by Product Type (Cold Pressed Castor Oil, Hydrogenated Castor Oil, Jamaican Black Castor Oil, Dehydrated Castor Oil, and Others) and by Application (Biopolymer, Personal Care, Food, Lubricants, Paper, Plastics & Rubber, Pharmaceuticals, Paints, Ink, and Additives, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Published Date: 29-Jul-2019 Category: Consumer Goods Report Format : PDF Pages: 110 Report Code: ZMR-4504 Status : Published

Global castor oil market is expected to reach USD 1,792 million by 2026, at a CAGR of around 3.7 % between 2019 and 2026. Castor oil is extracted from castor seeds, which contain around 30 to 50% oil. These seeds are separated from the plant, which is native to India and some parts of Africa and South America.

Description

Castor Oil Market: Overview

The report covers a forecast and an analysis of the castor oil market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Kilotons) and revenue (USD Million). The study includes drivers and restraints of the castor oil market along with their impact on the demand over the forecast period. Additionally, the report also includes the study of opportunities available in the castor oil market on a global level.

In order to give the users of this report a comprehensive view of the castor oil market, we have included a competitive landscape and an analysis of Porter's Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers the product portfolio of various companies.

The study provides a decisive view of the castor oil market by segmenting the market based on product type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2026. The regional segment includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Some key players operating in the global castor oil market are Taj Agro Products, NK Proteins, Adani Group, BomBrasil, RPK Agrotech, Castor Oil Industries, Ambuja Solvex, Jayant Agro Organics, Gokul Overseas, and Hokoku Corporation.

This report segments the global castor oil market into:

Global Castor Oil Market: Product Type Analysis

  • Cold Pressed Castor Oil
  • Hydrogenated Castor Oil
  • Jamaican Black Castor Oil
  • Dehydrated Castor Oil
  • Others

Global Castor Oil Market: Application Analysis

  • Biopolymer
  • Personal Care
  • Food
  • Lubricants
  • Paper
  • Plastics and Rubber
  • Pharmaceuticals
  • Paints, Ink, and Additives
  • Others

Global Castor Oil Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1.    Introduction
    • 1.1.    Report Description 
      • 1.1.1.    Objective
      • 1.1.2.    Target Audience
      • 1.1.3.    Unique Selling Proposition (USP) &Types 
    • 1.2.    Research Scope 
    • 1.3.    Market Research Methodology
      • 1.3.1.    Level 1: Primary Research 
      • 1.3.2.    Level 2: Secondary Research
      • 1.3.3.    Level 3: Data Validation and Expert Panel Assessment
  •  
  • Chapter 2.    Executive Summary
    • 2.1.    Global Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
    • 2.2.    Global Castor Oil Market: Snapshot
  •  
  • Chapter 3.    Castor Oil Market - Industry Dynamics 
    • 3.1.    Introduction 
    • 3.2.    Value Chain Analysis
    • 3.3.    Market Drivers
      • 3.3.1.    Vast industrial applications
      • 3.3.2.    High Availability of Castor Seeds
    • 3.4.    Market Restraints
      • 3.4.1.    Weather dependent yearly supply
    • 3.5.    Opportunities
      • 3.5.1.    Increasing demand for castor oil-based biodiesel
    • 3.6.    Porter’s Five Forces Analysis
    • 3.7.    Attractiveness Investment Proposition 
      • 3.7.1.    Market Attractiveness Analysis by Product Type
      • 3.7.2.    Market Attractiveness Analysis by Application
      • 3.7.3.    Market Attractiveness Analysis by Region
  •  
  • Chapter 4.    Global Castor Oil Market – Competitive Landscape
    • 4.1.    Company Market Share Analysis, 2018 (subject to data availability)
    • 4.2.    Strategic Development
      • 4.2.1.    Acquisitions & Mergers
      • 4.2.2.    New Product Launch
      • 4.2.3.    Agreements, Partnerships, Collaborations, and Joint Ventures
      • 4.2.4.    Research and Development and Regional Expansion
  •  
  • Chapter 5.    Global Castor Oil Market – Product Type Analysis
    • 5.1.    Global Castor Oil Market: Product Type Analysis
      • 5.1.1.    Global Castor Oil Market share by Product Type, 2018 and 2026
    • 5.2.    Cold Pressed Castor Oil
      • 5.2.1.    Overview 
      • 5.2.2.    Global Castor Oil Market by Cold Pressed Castor Oil, 2016–2026 (Kilotons) (USD Million)
    • 5.3.    Hydrogenated Castor Oil
      • 5.3.1.    Overview 
      • 5.3.2.    Global Castor Oil Market by Hydrogenated Castor Oil, 2016–2026 (Kilotons) (USD Million)
    • 5.4.    Jamaican Black Castor Oil
      • 5.4.1.    Overview 
      • 5.4.2.    Global Castor Oil Market by Jamaican Black Castor Oil, 2016–2026 (Kilotons) (USD Million)
    • 5.5.    Dehydrated Castor Oil
      • 5.5.1.    Overview 
      • 5.5.2.    Global Castor Oil Market by Dehydrated Castor Oil, 2016–2026 (Kilotons) (USD Million)    
    • 5.6.    Others
      • 5.6.1.    Overview 
      • 5.6.2.    Global Castor Oil Market by Others, 2016–2026 (Kilotons) (USD Million)
  •  
  • Chapter 6.    Global Castor Oil Market: Application Analysis
    • 6.1.    Global Castor Oil Market: Application Overview 
      • 6.1.1.    Global Castor Oil Market Share by Application, 2018 and 2026
    • 6.2.    Biopolymer
      • 6.2.1.    Overview 
      • 6.2.2.    Global Castor Oil Market for Biopolymer, 2016–2026 (Kilotons) (USD Million)
    • 6.3.    Personal care
      • 6.3.1.    Overview 
      • 6.3.2.    Global Castor Oil Market for Personal care, 2016–2026 (Kilotons) (USD Million)
    • 6.4.    Food
      • 6.4.1.    Overview 
      • 6.4.2.    Global Castor Oil Market for Food, 2016–2026 (Kilotons) (USD Million)
    • 6.5.    Lubricants
      • 6.5.1.    Overview 
      • 6.5.2.    Global Castor Oil Market for Lubricants, 2016–2026 (Kilotons) (USD Million)
    • 6.6.    Paper
      • 6.6.1.    Overview 
      • 6.6.2.    Global Castor Oil Market for Paper, 2016–2026 (Kilotons) (USD Million)
    • 6.7.    Plastics & Rubber
      • 6.7.1.    Overview 
      • 6.7.2.    Global Castor Oil Market for Plastics & Rubber, 2016–2026 (Kilotons) (USD Million)
    • 6.8.    Pharmaceuticals
      • 6.8.1.    Overview 
      • 6.8.2.    Global Castor Oil Market for Pharmaceuticals, 2016–2026 (Kilotons) (USD Million)
    • 6.9.    Paints, Ink, and Additives
      • 6.9.1.    Overview 
      • 6.9.2.    Global Castor Oil Market for Paints, Ink, and Additives, 2016–2026 (Kilotons) (USD Million)
    • 6.10.    Others
      • 6.10.1.    Overview 
      • 6.10.2.    Global Castor Oil Market for Others, 2016–2026 (Kilotons) (USD Million)
  •  
  • Chapter 7.    Global Castor Oil Market: Regional Analysis 
    • 7.1.    Global Castor Oil Market: Regional Overview 
      • 7.1.1.    Global Castor Oil Market Share by Region, 2018 and 2026
    • 7.2.    North America
      • 7.2.1.    Overview 
      • 7.2.2.    North America Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
      • 7.2.3.    North America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
      • 7.2.4.    North America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
      • 7.2.5.    North America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
      • 7.2.6.    North America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.2.7.    The U.S.
        • 7.2.7.1.    The U.S. Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
        • 7.2.7.2.    The U.S. Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
        • 7.2.7.3.    The U.S. Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.2.7.4.    The U.S. Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.2.8.    Canada
        • 7.2.8.1.    Canada Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
        • 7.2.8.2.    Canada Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
        • 7.2.8.3.    Canada Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.2.8.4.    Canada Castor Oil Market Revenue, by Application, 2016–2026 (USD Million)
    • 7.3.    Europe
      • 7.3.1.    Overview 
      • 7.3.2.    Europe Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
      • 7.3.3.    Europe Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
      • 7.3.4.    Europe Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
      • 7.3.5.    Europe Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
      • 7.3.6.    Europe Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.3.7.    Germany 
        • 7.3.7.1.    Germany Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
        • 7.3.7.2.    Germany Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
        • 7.3.7.3.    Germany Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.3.7.4.    Germany Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.3.8.    UK 
        • 7.3.8.1.    UK Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
        • 7.3.8.2.    UK Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
        • 7.3.8.3.    UK Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.3.8.4.    UK Castor Oil Market Revenue, by Application,2016–2026 (USD Million) 
      • 7.3.9.    France 
        • 7.3.9.1.    France Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
        • 7.3.9.2.    France Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
        • 7.3.9.3.    France Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.3.9.4.    France Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.3.10.    Rest of Europe 
        • 7.3.10.1.    Rest of Europe Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.3.10.2.    Rest of Europe Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.3.10.3.    Rest of Europe Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.3.10.4.    Rest of Europe Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
    • 7.4.    Asia Pacific
      • 7.4.1.    Overview
      • 7.4.2.    Asia Pacific Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
      • 7.4.3.    Asia Pacific Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
      • 7.4.4.    Asia Pacific Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
      • 7.4.5.    Asia Pacific Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
      • 7.4.6.    Asia Pacific Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.4.7.    China
        • 7.4.7.1.    China Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.4.7.2.    China Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.4.7.3.    China Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.4.7.4.    China Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.4.8.    Japan
        • 7.4.8.1.    Japan Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.4.8.2.    Japan Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.4.8.3.    Japan Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.4.8.4.    Japan Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.4.9.    India
        • 7.4.9.1.    India Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.4.9.2.    India Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.4.9.3.    India Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.4.9.4.    India Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.4.10.    Rest of Asia Pacific
        • 7.4.10.1.    Rest of Asia Pacific Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.4.10.2.    Rest of Asia Pacific Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.4.10.3.    Rest of Asia Pacific Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.4.10.4.    Rest of Asia Pacific Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
    • 7.5.    Latin America 
      • 7.5.1.    Overview
      • 7.5.2.    Latin America Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
      • 7.5.3.    Latin America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
      • 7.5.4.    Latin America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
      • 7.5.5.    Latin America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
      • 7.5.6.    Latin America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.5.7.    Brazil
        • 7.5.7.1.    Brazil Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.5.7.2.    Brazil Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.5.7.3.    Brazil Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.5.7.4.    Brazil Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
      • 7.5.8.    Rest of Latin America
        • 7.5.8.1.    Rest of Latin America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
        • 7.5.8.2.    Rest of Latin America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
        • 7.5.8.3.    Rest of Latin America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
        • 7.5.8.4.    Rest of Latin America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
    • 7.6.    The Middle East and Africa
      • 7.6.1.    Overview
      • 7.6.2.    The Middle East and Africa Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
      • 7.6.3.    The Middle East and Africa Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons)
      • 7.6.4.    The Middle East and Africa Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million)
      • 7.6.5.    The Middle East and Africa Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
      • 7.6.6.    The Middle East and Africa Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
  •  
  • Chapter 8.    Company Profile 
    • 8.1.    Taj Agro Products
      • 8.1.1.    Overview  
      • 8.1.2.    Financials  
      • 8.1.3.    Product Type portfolio 
      • 8.1.4.    Business strategy 
      • 8.1.5.    Recent developments 
    • 8.2.    NK Proteins
      • 8.2.1.    Overview  
      • 8.2.2.    Financials  
      • 8.2.3.    Product Type portfolio 
      • 8.2.4.    Business strategy 
      • 8.2.5.    Recent developments 
    • 8.3.    Adani Group
      • 8.3.1.    Overview  
      • 8.3.2.    Financials  
      • 8.3.3.    Product Type portfolio 
      • 8.3.4.    Business strategy 
      • 8.3.5.    Recent developments 
    • 8.4.    BomBrasil
      • 8.4.1.    Overview  
      • 8.4.2.    Financials  
      • 8.4.3.    Product Type portfolio 
      • 8.4.4.    Business strategy 
      • 8.4.5.    Recent developments 
    • 8.5.    RPK Agrotech
      • 8.5.1.    Overview  
      • 8.5.2.    Financials  
      • 8.5.3.    Product Type portfolio 
      • 8.5.4.    Business strategy 
      • 8.5.5.    Recent developments 
    • 8.6.    Castor Oil Industries
      • 8.6.1.    Overview  
      • 8.6.2.    Financials  
      • 8.6.3.    Product Type portfolio 
      • 8.6.4.    Business strategy 
      • 8.6.5.    Recent developments 
    • 8.7.    Ambuja Solvex
      • 8.7.1.    Overview  
      • 8.7.2.    Financials  
      • 8.7.3.    Product Type portfolio 
      • 8.7.4.    Business strategy 
      • 8.7.5.    Recent developments 
    • 8.8.    Jayant Agro Organics
      • 8.8.1.    Overview  
      • 8.8.2.    Financials  
      • 8.8.3.    Product Type portfolio 
      • 8.8.4.    Business strategy 
      • 8.8.5.    Recent developments
    • 8.9.    Gokul Overseas
      • 8.9.1.    Overview  
      • 8.9.2.    Financials  
      • 8.9.3.    Product Type portfolio 
      • 8.9.4.    Business strategy 
      • 8.9.5.    Recent developments
    • 8.10.    Hokoku Corporation
      • 8.10.1.    Overview  
      • 8.10.2.    Financials  
      • 8.10.3.    Product Type portfolio 
      • 8.10.4.    Business strategy 
      • 8.10.5.    Recent developments

Table Of Figures

List of Figures

1. Market Research Process
2. Market Research Methodology
3. Global Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
4. Porter’s Five Forces Analysis
5. Castor Oil: Market Attractiveness Analysis, by Product Type
6. Castor Oil: Market Attractiveness Analysis, by Application
7. Castor Oil: Market Attractiveness Analysis, by Region
8. Company Market Share Analysis, 2018
9. Global Castor Oil Market Share by Product Type, 2018 and 2026
10. Global Castor Oil Market by Cold Pressed Castor Oil, 2016–2026 (Kilotons) (USD Million)
11. Global Castor Oil Market by Hydrogenated Castor Oil, 2016–2026 (Kilotons) (USD Million)
12. Global Castor Oil Market by Jamaican Black Castor Oil, 2016–2026 (Kilotons) (USD Million)
13. Global Castor Oil Market by Dehydrated Castor Oil, 2016–2026 (Kilotons) (USD Million)
14. Global Castor Oil Market by Others, 2016–2026 (Kilotons) (USD Million)
15. Global Castor Oil Market Share by Application, 2018 and 2026
16. Global Castor Oil Market for Biopolymer, 2016–2026 (Kilotons) (USD Million)
17. Global Castor Oil Market for Personal care, 2016–2026 (Kilotons) (USD Million)
18. Global Castor Oil Market for Food, 2016–2026 (Kilotons) (USD Million)
19. Global Castor Oil Market for Lubricants, 2016–2026 (Kilotons) (USD Million)
20. Global Castor Oil Market for Paper, 2016–2026 (Kilotons) (USD Million)
21. Global Castor Oil Market for Plastics & Rubber, 2016–2026 (Kilotons) (USD Million)
22. Global Castor Oil Market for Pharmaceuticals, 2016–2026 (Kilotons) (USD Million)
23. Global Castor Oil Market for Paints, Ink, and Additives, 2016–2026 (Kilotons) (USD Million)
24. Global Castor Oil Market for Others, 2016–2026 (Kilotons) (USD Million)
25. Global Castor Oil Market Share by Region, 2018 and 2026
26. North America Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
27. Europe Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
28. Asia Pacific Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
29. Latin America Castor Oil Market, 2016–2026 (Kilotons) (USD Million)
30. The Middle East and Africa Castor Oil Market, 2016–2026 (Kilotons) (USD Million)


Table Of Tables

List of Tables

1. Castor Oil Market: Market Snapshot
2. Drivers of the global Castor Oil Market: Impact Analysis 
3. Restraints of the global Castor Oil Market: Impact Analysis
4. North America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
5. North America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
6. North America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
7. North America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
8. The U.S. Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
9. The U.S. Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
10. The U.S. Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
11. The U.S. Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
12. Canada Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
13. Canada Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
14. Canada Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
15. Canada Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
16. Europe Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
17. Europe Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
18. Europe Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
19. Europe Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
20. Germany Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
21. Germany Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
22. Germany Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
23. Germany Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
24. UK Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
25. UK Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
26. UK Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
27. UK Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
28. France Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
29. France Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
30. France Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
31. France Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
32. Rest of Europe Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
33. Rest of Europe Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
34. Rest of Europe Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
35. Rest of Europe Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
36. Asia Pacific Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
37. Asia Pacific Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
38. Asia Pacific Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
39. Asia Pacific Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
40. China Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
41. China Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
42. China Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
43. China Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
44. Japan Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
45. Japan Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
46. Japan Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
47. Japan Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
48. India Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
49. India Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
50. India Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
51. India Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
52. Rest of Asia Pacific Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
53. Rest of Asia Pacific Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
54. Rest of Asia Pacific Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
55. Rest of Asia Pacific Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
56. Latin America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
57. Latin America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
58. Latin America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
59. Latin America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
60. Brazil Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
61. Brazil Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
62. Brazil Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
63. Brazil Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
64. Rest of Latin America Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
65. Rest of Latin America Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
66. Rest of Latin America Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
67. Rest of Latin America Castor Oil Market Revenue, by Application, 2016–2026 (USD Million) 
68. The Middle East and Africa Castor Oil Market Volume, by Product Type, 2016–2026 (Kilotons) 
69. The Middle East and Africa Castor Oil Market Revenue, by Product Type, 2016–2026 (USD Million) 
70. The Middle East and Africa Castor Oil Market Volume, by Application, 2016–2026 (Kilotons) 
71. The Middle East and Africa Castor Oil Market Revenue, by Application, 2016–2026 (USD Million)

Methodology

Free Analysis

Castor oil is extracted from castor seeds, which contain around 30 to 50% oil. These seeds are separated from the plant, which is native of India and some parts of Africa and South America. Castor oil and its derivatives are used as bio-based raw material and have various applications in various industries, such as biopolymer, personal care, food, lubricants, paper, plastics and rubber, pharmaceuticals, paints, ink, and additives. This vast application list of castor oil is propelling the global castor oil market. Moreover, castor oil can be also used as biodiesel. The growing health consciousness of the global population is another major factor driving the global castor oil market. The rising awareness about the nutritious benefits of castor oil coupled with its easy availability on different e-commerce websites has also been aiding this market. The growing population of working youth along with their improving living standards has worked as a catalyst for the castor oil market. Additionally, the industrial applications of castor oil will always contribute to its demand. Castor oil’s nutritional qualities add value to personal care products. Similarly, its use in other industrial products along with ongoing technological advancements in the industrial sector has propelled the castor oil market growth. However, occasional low product availability creates a demand and supply gap due to the dependence of availability of castor seeds on the annual weather conditions. This may restrict the market, as it leads to price fluctuations. Moreover, the increasing demand for castor oil-based biodiesel will further propel this market in the future.

The product type segment of the castor oil market includes dehydrated castor oil, hydrogenated castor oil, cold pressed castor oil, Jamaican black castor oil, and others. By application, the market comprises food, paints, ink, and additives, biopolymer, plastics and rubber, personal care, lubricants, paper, pharmaceuticals, and others. The various applications of castor oil are due to its viscosity, density, thermal conductivity, and higher pour point of castor than other standard lubricants.

The Asia Pacific castor oil market is one of the leading regions globally, due to large-scale castor crop cultivation, especially in India. It also requires labor-intensive harvesting process, which is easily available in the region. In India, the major castor producing states are Gujarat, Andhra Pradesh, and Rajasthan, accounting for more than 90% of the total domestic production. India and China are the major global suppliers of castor oil. Multiple applications in various industries have augmented the castor oil market, particularly in personal care products and pharmaceuticals.

Some key players operating in the global castor oil market are Taj Agro Products, NK Proteins, Adani Group, BomBrasil, RPK Agrotech, Castor Oil Industries, Ambuja Solvex, Jayant Agro Organics, Gokul Overseas, and Hokoku Corporation.

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