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Castor Oil and its Derivatives-Global Market Insights and Sales Trends 2025
Synopsis
Castor oil is a vegetable oil extracted from castor seeds. It is liquid at room temperature.Castor oil derivatives as long as include hydrogenated castor oil, oxidized castor oil, dehydrated castor oil, 12-hydroxystearic acid and so on.The global output of castor oil and its derivatives in 2018 was 730 kilotons, up 3% from 707 kilotons in 2017, and the market size grew at an average annual rate of 5% between 2018 and 2025.In 2018, India was the largest producer of castor oil and its derivatives, with output of 664 kilotons, accounting for 91% of the global market.China is the largest sales region, with sales volume of 222 thousand tons, accounting for 30% of the global market.The global market for castor oil and its derivatives is relatively concentrated, with the production share of 17 major enterprises reaching 76% and the market size accounting for 75% by 2018.The top five players in the market for castor Oil and its derivatives are Jayant Agro, NK Proteins, Adani Wilmar, RPK Agrotech and ITOH Oil Chemicals.Jayant Agro is firmly in the top spot, accounting for 26% of the market in 2018.The main product types in the global market of electric vehicle drive motors are castor oil, hydrogenated castor oil, dehydrated castor oil, 12-hydroxystearic acid and others.Globally, electric vehicle drive motors are mainly used in food, pharmaceuticals, cosmetics, industrial applications and other applications, with the largest proportion in industrial applications in 2018, accounting for 31%.
The global Castor Oil and its Derivatives market size is expected to reach US$ 2066.1 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Castor Oil and its Derivatives in various end use industries. The expanding demands from the Foods, Pharmaceuticals, Cosmetics and Industrial Application, are propelling Castor Oil and its Derivatives market. Sebacic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Undecylenic Acid segment is estimated at % CAGR for the next seven-year period.
Global Castor Oil and Derivatives key players include Jayant Agro, NK Proteins, Adani Wilmar, etc. Global top three manufacturers hold a share over 50%.
India is the largest market, with a share over 90%, followed by China, and North America, both have a share over 5 percent.
In terms of product, Hydrogenated Castor Oil is the largest segment, with a share about 30%. And in terms of application, the largest application is Food, followed by Drug, Cosmetics, Industrial, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Castor Oil and its Derivatives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Castor Oil and its Derivatives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Castor Oil and its Derivatives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Castor Oil and its Derivatives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Castor Oil and its Derivatives covered in this report include Jayant Agro, Arkema, NK Industries, Thai Castor Oil Industries, RPK Agrotech, Girnar Industries and Kisan Agro, etc.
The global Castor Oil and its Derivatives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jayant Agro
Arkema
NK Industries
Thai Castor Oil Industries
RPK Agrotech
Girnar Industries
Kisan Agro
Global Castor Oil and its Derivatives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Castor Oil and its Derivatives market, Segment by Type:
Sebacic Acid
Undecylenic Acid
Castor Wax
Others
Global Castor Oil and its Derivatives market, by Application
Foods
Pharmaceuticals
Cosmetics
Industrial Application
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Castor Oil and its Derivatives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Castor Oil and its Derivatives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Castor oil is a vegetable oil extracted from castor seeds. It is liquid at room temperature.Castor oil derivatives as long as include hydrogenated castor oil, oxidized castor oil, dehydrated castor oil, 12-hydroxystearic acid and so on.The global output of castor oil and its derivatives in 2018 was 730 kilotons, up 3% from 707 kilotons in 2017, and the market size grew at an average annual rate of 5% between 2018 and 2025.In 2018, India was the largest producer of castor oil and its derivatives, with output of 664 kilotons, accounting for 91% of the global market.China is the largest sales region, with sales volume of 222 thousand tons, accounting for 30% of the global market.The global market for castor oil and its derivatives is relatively concentrated, with the production share of 17 major enterprises reaching 76% and the market size accounting for 75% by 2018.The top five players in the market for castor Oil and its derivatives are Jayant Agro, NK Proteins, Adani Wilmar, RPK Agrotech and ITOH Oil Chemicals.Jayant Agro is firmly in the top spot, accounting for 26% of the market in 2018.The main product types in the global market of electric vehicle drive motors are castor oil, hydrogenated castor oil, dehydrated castor oil, 12-hydroxystearic acid and others.Globally, electric vehicle drive motors are mainly used in food, pharmaceuticals, cosmetics, industrial applications and other applications, with the largest proportion in industrial applications in 2018, accounting for 31%.
The global Castor Oil and its Derivatives market size is expected to reach US$ 2066.1 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Castor Oil and its Derivatives in various end use industries. The expanding demands from the Foods, Pharmaceuticals, Cosmetics and Industrial Application, are propelling Castor Oil and its Derivatives market. Sebacic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Undecylenic Acid segment is estimated at % CAGR for the next seven-year period.
Global Castor Oil and Derivatives key players include Jayant Agro, NK Proteins, Adani Wilmar, etc. Global top three manufacturers hold a share over 50%.
India is the largest market, with a share over 90%, followed by China, and North America, both have a share over 5 percent.
In terms of product, Hydrogenated Castor Oil is the largest segment, with a share about 30%. And in terms of application, the largest application is Food, followed by Drug, Cosmetics, Industrial, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Castor Oil and its Derivatives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Castor Oil and its Derivatives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Castor Oil and its Derivatives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Castor Oil and its Derivatives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Castor Oil and its Derivatives covered in this report include Jayant Agro, Arkema, NK Industries, Thai Castor Oil Industries, RPK Agrotech, Girnar Industries and Kisan Agro, etc.
The global Castor Oil and its Derivatives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Jayant Agro
Arkema
NK Industries
Thai Castor Oil Industries
RPK Agrotech
Girnar Industries
Kisan Agro
Global Castor Oil and its Derivatives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Castor Oil and its Derivatives market, Segment by Type:
Sebacic Acid
Undecylenic Acid
Castor Wax
Others
Global Castor Oil and its Derivatives market, by Application
Foods
Pharmaceuticals
Cosmetics
Industrial Application
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Castor Oil and its Derivatives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Castor Oil and its Derivatives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Castor Oil and its Derivatives Market Overview
1.1 Castor Oil and its Derivatives Product Overview
1.2 Castor Oil and its Derivatives Market Segment by Type
1.2.1 Sebacic Acid
1.2.2 Undecylenic Acid
1.2.3 Castor Wax
1.2.4 Others
1.3 Global Castor Oil and its Derivatives Market Size by Type
1.3.1 Global Castor Oil and its Derivatives Market Size Overview by Type (2018-2029)
1.3.2 Global Castor Oil and its Derivatives Historic Market Size Review by Type (2018-2023)
1.3.3 Global Castor Oil and its Derivatives Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Castor Oil and its Derivatives Sales Breakdown by Type (2018-2023)
1.4.2 Europe Castor Oil and its Derivatives Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Castor Oil and its Derivatives Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Castor Oil and its Derivatives Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Castor Oil and its Derivatives Sales Breakdown by Type (2018-2023)
2 Global Castor Oil and its Derivatives Market Competition by Company
2.1 Global Top Players by Castor Oil and its Derivatives Sales (2018-2023)
2.2 Global Top Players by Castor Oil and its Derivatives Revenue (2018-2023)
2.3 Global Top Players by Castor Oil and its Derivatives Price (2018-2023)
2.4 Global Top Manufacturers Castor Oil and its Derivatives Manufacturing Base Distribution, Sales Area, Product Type
2.5 Castor Oil and its Derivatives Market Competitive Situation and Trends
2.5.1 Castor Oil and its Derivatives Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Castor Oil and its Derivatives Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Castor Oil and its Derivatives as of 2022)
2.7 Date of Key Manufacturers Enter into Castor Oil and its Derivatives Market
2.8 Key Manufacturers Castor Oil and its Derivatives Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Castor Oil and its Derivatives Status and Outlook by Region
3.1 Global Castor Oil and its Derivatives Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Castor Oil and its Derivatives Historic Market Size by Region
3.2.1 Global Castor Oil and its Derivatives Sales in Volume by Region (2018-2023)
3.2.2 Global Castor Oil and its Derivatives Sales in Value by Region (2018-2023)
3.2.3 Global Castor Oil and its Derivatives Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Castor Oil and its Derivatives Forecasted Market Size by Region
3.3.1 Global Castor Oil and its Derivatives Sales in Volume by Region (2024-2029)
3.3.2 Global Castor Oil and its Derivatives Sales in Value by Region (2024-2029)
3.3.3 Global Castor Oil and its Derivatives Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Castor Oil and its Derivatives by Application
4.1 Castor Oil and its Derivatives Market Segment by Application
4.1.1 Foods
4.1.2 Pharmaceuticals
4.1.3 Cosmetics
4.1.4 Industrial Application
4.1.5 Others
4.2 Global Castor Oil and its Derivatives Market Size by Application
4.2.1 Global Castor Oil and its Derivatives Market Size Overview by Application (2018-2029)
4.2.2 Global Castor Oil and its Derivatives Historic Market Size Review by Application (2018-2023)
4.2.3 Global Castor Oil and its Derivatives Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Castor Oil and its Derivatives Sales Breakdown by Application (2018-2023)
4.3.2 Europe Castor Oil and its Derivatives Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Castor Oil and its Derivatives Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Castor Oil and its Derivatives Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Castor Oil and its Derivatives Sales Breakdown by Application (2018-2023)
5 North America Castor Oil and its Derivatives by Country
5.1 North America Castor Oil and its Derivatives Historic Market Size by Country
5.1.1 North America Castor Oil and its Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Castor Oil and its Derivatives Sales in Volume by Country (2018-2023)
5.1.3 North America Castor Oil and its Derivatives Sales in Value by Country (2018-2023)
5.2 North America Castor Oil and its Derivatives Forecasted Market Size by Country
5.2.1 North America Castor Oil and its Derivatives Sales in Volume by Country (2024-2029)
5.2.2 North America Castor Oil and its Derivatives Sales in Value by Country (2024-2029)
6 Europe Castor Oil and its Derivatives by Country
6.1 Europe Castor Oil and its Derivatives Historic Market Size by Country
6.1.1 Europe Castor Oil and its Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Castor Oil and its Derivatives Sales in Volume by Country (2018-2023)
6.1.3 Europe Castor Oil and its Derivatives Sales in Value by Country (2018-2023)
6.2 Europe Castor Oil and its Derivatives Forecasted Market Size by Country
6.2.1 Europe Castor Oil and its Derivatives Sales in Volume by Country (2024-2029)
6.2.2 Europe Castor Oil and its Derivatives Sales in Value by Country (2024-2029)
7 Asia-Pacific Castor Oil and its Derivatives by Region
7.1 Asia-Pacific Castor Oil and its Derivatives Historic Market Size by Region
7.1.1 Asia-Pacific Castor Oil and its Derivatives Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Castor Oil and its Derivatives Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Castor Oil and its Derivatives Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Castor Oil and its Derivatives Forecasted Market Size by Region
7.2.1 Asia-Pacific Castor Oil and its Derivatives Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Castor Oil and its Derivatives Sales in Value by Region (2024-2029)
8 Latin America Castor Oil and its Derivatives by Country
8.1 Latin America Castor Oil and its Derivatives Historic Market Size by Country
8.1.1 Latin America Castor Oil and its Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Castor Oil and its Derivatives Sales in Volume by Country (2018-2023)
8.1.3 Latin America Castor Oil and its Derivatives Sales in Value by Country (2018-2023)
8.2 Latin America Castor Oil and its Derivatives Forecasted Market Size by Country
8.2.1 Latin America Castor Oil and its Derivatives Sales in Volume by Country (2024-2029)
8.2.2 Latin America Castor Oil and its Derivatives Sales in Value by Country (2024-2029)
9 Middle East and Africa Castor Oil and its Derivatives by Country
9.1 Middle East and Africa Castor Oil and its Derivatives Historic Market Size by Country
9.1.1 Middle East and Africa Castor Oil and its Derivatives Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Castor Oil and its Derivatives Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Castor Oil and its Derivatives Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Castor Oil and its Derivatives Forecasted Market Size by Country
9.2.1 Middle East and Africa Castor Oil and its Derivatives Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Castor Oil and its Derivatives Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Jayant Agro
10.1.1 Jayant Agro Company Information
10.1.2 Jayant Agro Introduction and Business Overview
10.1.3 Jayant Agro Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Jayant Agro Castor Oil and its Derivatives Products Offered
10.1.5 Jayant Agro Recent Development
10.2 Arkema
10.2.1 Arkema Company Information
10.2.2 Arkema Introduction and Business Overview
10.2.3 Arkema Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Arkema Castor Oil and its Derivatives Products Offered
10.2.5 Arkema Recent Development
10.3 NK Industries
10.3.1 NK Industries Company Information
10.3.2 NK Industries Introduction and Business Overview
10.3.3 NK Industries Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NK Industries Castor Oil and its Derivatives Products Offered
10.3.5 NK Industries Recent Development
10.4 Thai Castor Oil Industries
10.4.1 Thai Castor Oil Industries Company Information
10.4.2 Thai Castor Oil Industries Introduction and Business Overview
10.4.3 Thai Castor Oil Industries Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thai Castor Oil Industries Castor Oil and its Derivatives Products Offered
10.4.5 Thai Castor Oil Industries Recent Development
10.5 RPK Agrotech
10.5.1 RPK Agrotech Company Information
10.5.2 RPK Agrotech Introduction and Business Overview
10.5.3 RPK Agrotech Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.5.4 RPK Agrotech Castor Oil and its Derivatives Products Offered
10.5.5 RPK Agrotech Recent Development
10.6 Girnar Industries
10.6.1 Girnar Industries Company Information
10.6.2 Girnar Industries Introduction and Business Overview
10.6.3 Girnar Industries Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Girnar Industries Castor Oil and its Derivatives Products Offered
10.6.5 Girnar Industries Recent Development
10.7 Kisan Agro
10.7.1 Kisan Agro Company Information
10.7.2 Kisan Agro Introduction and Business Overview
10.7.3 Kisan Agro Castor Oil and its Derivatives Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Kisan Agro Castor Oil and its Derivatives Products Offered
10.7.5 Kisan Agro Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Castor Oil and its Derivatives Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Castor Oil and its Derivatives Industrial Chain Analysis
11.4 Castor Oil and its Derivatives Market Dynamics
11.4.1 Castor Oil and its Derivatives Industry Trends
11.4.2 Castor Oil and its Derivatives Market Drivers
11.4.3 Castor Oil and its Derivatives Market Challenges
11.4.4 Castor Oil and its Derivatives Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Castor Oil and its Derivatives Distributors
12.3 Castor Oil and its Derivatives Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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