Global Castor Oil & Derivatives Market Size study, by Product (Sebacic Acid, 12-HAS, Ricinoleic Acid, Hydrogenated Castor Oil, Undecylenic Acid, Dehydrated Castor Oil, Others), By Application and Regional Forecasts 2022-2028

Description

List of Tables

Global Castor Oil & Derivatives Market is valued approximately USD 1.21 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.80 % over the forecast period 2022-2028. Castor oil is expected to be in high demand from the cosmetics and pharmaceutical sectors during the forecast period, owing to rising healthcare expenditures and rising awareness among individuals about self-management and preventive care, which will result in increased consumption of cosmetics and pharmaceutical products. The product's demand is also expected to rise due to its increasing use in the manufacturing of skincare items, cosmetics, and soaps. Increased utilization of the commodity as biodiesel feedstock is expected to raise demand. Liquid biofuels are utilized as alternative fuels in kerosene, diesel, and gasoline-powered combustion engines, as well as in passenger vehicles such as aircraft, ships, and trucks. Biodiesel, a liquid biofuel made from animal fats or vegetable oils, is used in diesel engines, or combined with diesel oil. As castor oil is non-edible and has a different chemical structure, it is employed as a bio-based raw material in the manufacturing of biodiesel. Rising use of the product to relieve constipation symptoms, minimise sensations of incomplete bowel movements, and assure less effort during defecation is expected to boost industry expansion. The expansion of the pharmaceutical industry in several economies in North America, Europe, and Asia Pacific is expected to drive product demand. The high cost of Castor Oil & Derivatives, on the other hand, stifles market expansion throughout the projection period of 2022-2028.

The key regions considered for the Global Castor Oil & Derivatives Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The Asia Pacific region has the highest revenue share. The growth in consumption and production of the commodity is related to the increase in demand. Castor seeds are grown in India, Myanmar, Vietnam, Pakistan, Cambodia, Thailand, Bangladesh, the Philippines, and Indonesia, as well as China, Japan, and South Korea. Over the projection period, Europe is predicted to develop at the quickest CAGR. Europe is the world's second-largest user of castor oil, with imports primarily coming from India, Brazil, Malaysia, Mexico, and China. The top importing nations were France, the Netherlands, Germany, Belgium, Italy, and the United Kingdom.

Major market players included in this report are:

Thai Castor Oil Industries Co., Ltd.

Tongliao Tonghua Castor Chemical Co., Ltd.

RPK Agrotech

Adani Wilmar Ltd.

Hokoku Corporation

Taj Agro Products Limited

N.K. Proteins Pvt., Limited

Kanak Castor Products Pvt., Ltd.

Liaoyang Huaxing Chemical Co., Ltd.

Girnar Industries

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Sebacic Acid

12-HAS

Ricinoleic Acid

Hydrogenated Castor Oil (Castor Wax)

Undecylenic Acid

Dehydrated Castor Oil

Others

By Application:

Lubricants

Surface Coatings

Biodiesel

Cosmetics and Pharmaceuticals

Plastics and Resins

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period: - 2022 to 2028

Target Audience of the Global Castor Oil & Derivatives Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Castor Oil & Derivatives Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Castor Oil & Derivatives Market, by Product, 2020-2028 (USD Billion)
- 1.2.3. Castor Oil & Derivatives Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Castor Oil & Derivatives Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Castor Oil & Derivatives Market Dynamics

3.1. Castor Oil & Derivatives Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing consumption of the product in biodiesel feedstock
  - 3.1.1.2. High demand pharmaceutical sectors
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Castor Oil & Derivatives
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rise in demand for moisturizers, and creams

Chapter 4. Global Castor Oil & Derivatives Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Castor Oil & Derivatives Market, by Product

6.1. Market Snapshot
6.2. Global Castor Oil & Derivatives Market by Product, Performance - Potential Analysis
6.3. Global Castor Oil & Derivatives Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Castor Oil & Derivatives Market, Sub Segment Analysis
- 6.4.1. Sebacic Acid
- 6.4.2. 12-HAS
- 6.4.3. Ricinoleic Acid
- 6.4.4. Hydrogenated Castor Oil (Castor Wax)
- 6.4.5. Undecylenic Acid
- 6.4.6. Dehydrated Castor Oil
- 6.4.7. Others

Chapter 7. Global Castor Oil & Derivatives Market, by Application

7.1. Market Snapshot
7.2. Global Castor Oil & Derivatives Market by Application, Performance - Potential Analysis
7.3. Global Castor Oil & Derivatives Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
7.4. Castor Oil & Derivatives Market, Sub Segment Analysis
- 7.4.1. Lubricants
- 7.4.2. Surface Coatings
- 7.4.3. Biodiesel
- 7.4.4. Cosmetics and Pharmaceuticals
- 7.4.5. Plastics and Resins
- 7.4.6. Others

Chapter 8. Global Castor Oil & Derivatives Market, Regional Analysis

8.1. Castor Oil & Derivatives Market, Regional Market Snapshot
8.2. North America Castor Oil & Derivatives Market
- 8.2.1. U.S. Castor Oil & Derivatives Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2018-2028
  - 8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
- 8.2.2. Canada Castor Oil & Derivatives Market
8.3. Europe Castor Oil & Derivatives Market Snapshot
- 8.3.1. U.K. Castor Oil & Derivatives Market
- 8.3.2. Germany Castor Oil & Derivatives Market
- 8.3.3. France Castor Oil & Derivatives Market
- 8.3.4. Spain Castor Oil & Derivatives Market
- 8.3.5. Italy Castor Oil & Derivatives Market
- 8.3.6. Rest of Europe Castor Oil & Derivatives Market
8.4. Asia-Pacific Castor Oil & Derivatives Market Snapshot
- 8.4.1. China Castor Oil & Derivatives Market
- 8.4.2. India Castor Oil & Derivatives Market
- 8.4.3. Japan Castor Oil & Derivatives Market
- 8.4.4. Australia Castor Oil & Derivatives Market
- 8.4.5. South Korea Castor Oil & Derivatives Market
- 8.4.6. Rest of Asia Pacific Castor Oil & Derivatives Market
8.5. Latin America Castor Oil & Derivatives Market Snapshot
- 8.5.1. Brazil Castor Oil & Derivatives Market
- 8.5.2. Mexico Castor Oil & Derivatives Market
8.6. Rest of The World Castor Oil & Derivatives Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Thai Castor Oil Industries Co., Ltd.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Tongliao Tonghua Castor Chemical Co., Ltd.
- 9.2.3. RPK Agrotech
- 9.2.4. Adani Wilmar Ltd.
- 9.2.5. Hokoku Corporation
- 9.2.6. Taj Agro Products Limited
- 9.2.7. N.K. Proteins Pvt., Limited
- 9.2.8. Kanak Castor Products Pvt., Ltd.
- 9.2.9. Liaoyang Huaxing Chemical Co., Ltd.
- 9.2.10. Girnar Industries

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Castor Oil & Derivatives Market, report scope
TABLE 2. Global Castor Oil & Derivatives Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Castor Oil & Derivatives Market estimates & forecasts by Product 2018-2028 (USD Billion)
TABLE 4. Global Castor Oil & Derivatives Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 5. Global Castor Oil & Derivatives Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 6. Global Castor Oil & Derivatives Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Castor Oil & Derivatives Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Castor Oil & Derivatives Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Castor Oil & Derivatives Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Castor Oil & Derivatives Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Castor Oil & Derivatives Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Castor Oil & Derivatives Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Castor Oil & Derivatives Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Castor Oil & Derivatives Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. U.S. Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 17. U.S. Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. Canada Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 19. Canada Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 20. Canada Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. UK Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 22. UK Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 23. UK Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. Germany Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 25. Germany Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 26. Germany Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. RoE Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 28. RoE Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 29. RoE Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. China Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 31. China Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 32. China Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. India Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 34. India Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 35. India Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. Japan Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 37. Japan Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 38. Japan Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. RoAPAC Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 40. RoAPAC Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 41. RoAPAC Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. Brazil Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 43. Brazil Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 44. Brazil Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Mexico Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 46. Mexico Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 47. Mexico Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. RoLA Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 49. RoLA Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 50. RoLA Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. Row Castor Oil & Derivatives Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 52. Row Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 53. Row Castor Oil & Derivatives Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Castor Oil & Derivatives Market
TABLE 55. List of primary sources, used in the study of global Castor Oil & Derivatives Market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Castor Oil & Derivatives Market, research methodology
FIG 2. Global Castor Oil & Derivatives Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Castor Oil & Derivatives Market, key trends 2021
FIG 5. Global Castor Oil & Derivatives Market, growth prospects 2022-2028
FIG 6. Global Castor Oil & Derivatives Market, porters 5 force model
FIG 7. Global Castor Oil & Derivatives Market, pest analysis
FIG 8. Global Castor Oil & Derivatives Market, value chain analysis
FIG 9. Global Castor Oil & Derivatives Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Castor Oil & Derivatives Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Castor Oil & Derivatives Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Castor Oil & Derivatives Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Castor Oil & Derivatives Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Castor Oil & Derivatives Market, regional snapshot 2018 & 2028
FIG 15. North America Castor Oil & Derivatives Market 2018 & 2028 (USD Billion)
FIG 16. Europe Castor Oil & Derivatives Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific Castor Oil & Derivatives Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Castor Oil & Derivatives Market 2018 & 2028 (USD Billion)
FIG 19. Global Castor Oil & Derivatives Market, company Market share analysis (2021)