Global Castor Oil and Derivatives Market Research Report 2023(Status and Outlook)


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Global Castor Oil and Derivatives Market Research Report 2023(Status and Outlook)



Report Overview

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%.

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.

The Global Castor Oil and Derivatives Market Size was estimated at USD 1399.40 million in 2022 and is projected to reach USD 1956.01 million by 2029, exhibiting a CAGR of 4.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Castor Oil and Derivatives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Castor Oil and Derivatives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Castor Oil and Derivatives market in any manner.

Global Castor Oil and Derivatives Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Jayant Agro

NK Proteins

Adani Wilmar

RPK Agrotech

ITOH Oil Chemicals

Thai Castor Oil

Hokoku Corporation

Gokul Overseas

SHANGHAI RIHAO CHEMICAL CO.,LTD.

Dongying Kanghui Industry and Trade Co. Ltd

Kisan Agro

Weiyubiological

TIAN XING BIOTECHNOLOGY

Ambuja Solvex

Adya Oil

Wen Shu Jxlan Yellow River oll CO, LTD

Girnar Industries

Market Segmentation (by Type)

Castor Oil

Hydrogenated Castor Oil

Oxidized Castor Oil

Dehydrated Castor Oil

12-hydroxystearic Acid

Others

Market Segmentation (by Application)

Residential

Commercial

Industrial

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Castor Oil and Derivatives Market

Overview of the regional outlook of the Castor Oil and Derivatives Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Castor Oil and Derivatives Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Castor Oil and Derivatives
1.2 Key Market Segments
1.2.1 Castor Oil and Derivatives Segment by Type
1.2.2 Castor Oil and Derivatives Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Castor Oil and Derivatives Market Overview
2.1 Global Market Overview
2.1.1 Global Castor Oil and Derivatives Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Castor Oil and Derivatives Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Castor Oil and Derivatives Market Competitive Landscape
3.1 Global Castor Oil and Derivatives Sales by Manufacturers (2018-2023)
3.2 Global Castor Oil and Derivatives Revenue Market Share by Manufacturers (2018-2023)
3.3 Castor Oil and Derivatives Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Castor Oil and Derivatives Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Castor Oil and Derivatives Sales Sites, Area Served, Product Type
3.6 Castor Oil and Derivatives Market Competitive Situation and Trends
3.6.1 Castor Oil and Derivatives Market Concentration Rate
3.6.2 Global 5 and 10 Largest Castor Oil and Derivatives Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Castor Oil and Derivatives Industry Chain Analysis
4.1 Castor Oil and Derivatives Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Castor Oil and Derivatives Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Castor Oil and Derivatives Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Castor Oil and Derivatives Sales Market Share by Type (2018-2023)
6.3 Global Castor Oil and Derivatives Market Size Market Share by Type (2018-2023)
6.4 Global Castor Oil and Derivatives Price by Type (2018-2023)
7 Castor Oil and Derivatives Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Castor Oil and Derivatives Market Sales by Application (2018-2023)
7.3 Global Castor Oil and Derivatives Market Size (M USD) by Application (2018-2023)
7.4 Global Castor Oil and Derivatives Sales Growth Rate by Application (2018-2023)
8 Castor Oil and Derivatives Market Segmentation by Region
8.1 Global Castor Oil and Derivatives Sales by Region
8.1.1 Global Castor Oil and Derivatives Sales by Region
8.1.2 Global Castor Oil and Derivatives Sales Market Share by Region
8.2 North America
8.2.1 North America Castor Oil and Derivatives Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Castor Oil and Derivatives Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Castor Oil and Derivatives Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Castor Oil and Derivatives Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Castor Oil and Derivatives Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Jayant Agro
9.1.1 Jayant Agro Castor Oil and Derivatives Basic Information
9.1.2 Jayant Agro Castor Oil and Derivatives Product Overview
9.1.3 Jayant Agro Castor Oil and Derivatives Product Market Performance
9.1.4 Jayant Agro Business Overview
9.1.5 Jayant Agro Castor Oil and Derivatives SWOT Analysis
9.1.6 Jayant Agro Recent Developments
9.2 NK Proteins
9.2.1 NK Proteins Castor Oil and Derivatives Basic Information
9.2.2 NK Proteins Castor Oil and Derivatives Product Overview
9.2.3 NK Proteins Castor Oil and Derivatives Product Market Performance
9.2.4 NK Proteins Business Overview
9.2.5 NK Proteins Castor Oil and Derivatives SWOT Analysis
9.2.6 NK Proteins Recent Developments
9.3 Adani Wilmar
9.3.1 Adani Wilmar Castor Oil and Derivatives Basic Information
9.3.2 Adani Wilmar Castor Oil and Derivatives Product Overview
9.3.3 Adani Wilmar Castor Oil and Derivatives Product Market Performance
9.3.4 Adani Wilmar Business Overview
9.3.5 Adani Wilmar Castor Oil and Derivatives SWOT Analysis
9.3.6 Adani Wilmar Recent Developments
9.4 RPK Agrotech
9.4.1 RPK Agrotech Castor Oil and Derivatives Basic Information
9.4.2 RPK Agrotech Castor Oil and Derivatives Product Overview
9.4.3 RPK Agrotech Castor Oil and Derivatives Product Market Performance
9.4.4 RPK Agrotech Business Overview
9.4.5 RPK Agrotech Castor Oil and Derivatives SWOT Analysis
9.4.6 RPK Agrotech Recent Developments
9.5 ITOH Oil Chemicals
9.5.1 ITOH Oil Chemicals Castor Oil and Derivatives Basic Information
9.5.2 ITOH Oil Chemicals Castor Oil and Derivatives Product Overview
9.5.3 ITOH Oil Chemicals Castor Oil and Derivatives Product Market Performance
9.5.4 ITOH Oil Chemicals Business Overview
9.5.5 ITOH Oil Chemicals Castor Oil and Derivatives SWOT Analysis
9.5.6 ITOH Oil Chemicals Recent Developments
9.6 Thai Castor Oil
9.6.1 Thai Castor Oil Castor Oil and Derivatives Basic Information
9.6.2 Thai Castor Oil Castor Oil and Derivatives Product Overview
9.6.3 Thai Castor Oil Castor Oil and Derivatives Product Market Performance
9.6.4 Thai Castor Oil Business Overview
9.6.5 Thai Castor Oil Recent Developments
9.7 Hokoku Corporation
9.7.1 Hokoku Corporation Castor Oil and Derivatives Basic Information
9.7.2 Hokoku Corporation Castor Oil and Derivatives Product Overview
9.7.3 Hokoku Corporation Castor Oil and Derivatives Product Market Performance
9.7.4 Hokoku Corporation Business Overview
9.7.5 Hokoku Corporation Recent Developments
9.8 Gokul Overseas
9.8.1 Gokul Overseas Castor Oil and Derivatives Basic Information
9.8.2 Gokul Overseas Castor Oil and Derivatives Product Overview
9.8.3 Gokul Overseas Castor Oil and Derivatives Product Market Performance
9.8.4 Gokul Overseas Business Overview
9.8.5 Gokul Overseas Recent Developments
9.9 SHANGHAI RIHAO CHEMICAL CO.,LTD.
9.9.1 SHANGHAI RIHAO CHEMICAL CO.,LTD. Castor Oil and Derivatives Basic Information
9.9.2 SHANGHAI RIHAO CHEMICAL CO.,LTD. Castor Oil and Derivatives Product Overview
9.9.3 SHANGHAI RIHAO CHEMICAL CO.,LTD. Castor Oil and Derivatives Product Market Performance
9.9.4 SHANGHAI RIHAO CHEMICAL CO.,LTD. Business Overview
9.9.5 SHANGHAI RIHAO CHEMICAL CO.,LTD. Recent Developments
9.10 Dongying Kanghui Industry and Trade Co. Ltd
9.10.1 Dongying Kanghui Industry and Trade Co. Ltd Castor Oil and Derivatives Basic Information
9.10.2 Dongying Kanghui Industry and Trade Co. Ltd Castor Oil and Derivatives Product Overview
9.10.3 Dongying Kanghui Industry and Trade Co. Ltd Castor Oil and Derivatives Product Market Performance
9.10.4 Dongying Kanghui Industry and Trade Co. Ltd Business Overview
9.10.5 Dongying Kanghui Industry and Trade Co. Ltd Recent Developments
9.11 Kisan Agro
9.11.1 Kisan Agro Castor Oil and Derivatives Basic Information
9.11.2 Kisan Agro Castor Oil and Derivatives Product Overview
9.11.3 Kisan Agro Castor Oil and Derivatives Product Market Performance
9.11.4 Kisan Agro Business Overview
9.11.5 Kisan Agro Recent Developments
9.12 Weiyubiological
9.12.1 Weiyubiological Castor Oil and Derivatives Basic Information
9.12.2 Weiyubiological Castor Oil and Derivatives Product Overview
9.12.3 Weiyubiological Castor Oil and Derivatives Product Market Performance
9.12.4 Weiyubiological Business Overview
9.12.5 Weiyubiological Recent Developments
9.13 TIAN XING BIOTECHNOLOGY
9.13.1 TIAN XING BIOTECHNOLOGY Castor Oil and Derivatives Basic Information
9.13.2 TIAN XING BIOTECHNOLOGY Castor Oil and Derivatives Product Overview
9.13.3 TIAN XING BIOTECHNOLOGY Castor Oil and Derivatives Product Market Performance
9.13.4 TIAN XING BIOTECHNOLOGY Business Overview
9.13.5 TIAN XING BIOTECHNOLOGY Recent Developments
9.14 Ambuja Solvex
9.14.1 Ambuja Solvex Castor Oil and Derivatives Basic Information
9.14.2 Ambuja Solvex Castor Oil and Derivatives Product Overview
9.14.3 Ambuja Solvex Castor Oil and Derivatives Product Market Performance
9.14.4 Ambuja Solvex Business Overview
9.14.5 Ambuja Solvex Recent Developments
9.15 Adya Oil
9.15.1 Adya Oil Castor Oil and Derivatives Basic Information
9.15.2 Adya Oil Castor Oil and Derivatives Product Overview
9.15.3 Adya Oil Castor Oil and Derivatives Product Market Performance
9.15.4 Adya Oil Business Overview
9.15.5 Adya Oil Recent Developments
9.16 Wen Shu Jxlan Yellow River oll CO, LTD
9.16.1 Wen Shu Jxlan Yellow River oll CO, LTD Castor Oil and Derivatives Basic Information
9.16.2 Wen Shu Jxlan Yellow River oll CO, LTD Castor Oil and Derivatives Product Overview
9.16.3 Wen Shu Jxlan Yellow River oll CO, LTD Castor Oil and Derivatives Product Market Performance
9.16.4 Wen Shu Jxlan Yellow River oll CO, LTD Business Overview
9.16.5 Wen Shu Jxlan Yellow River oll CO, LTD Recent Developments
9.17 Girnar Industries
9.17.1 Girnar Industries Castor Oil and Derivatives Basic Information
9.17.2 Girnar Industries Castor Oil and Derivatives Product Overview
9.17.3 Girnar Industries Castor Oil and Derivatives Product Market Performance
9.17.4 Girnar Industries Business Overview
9.17.5 Girnar Industries Recent Developments
10 Castor Oil and Derivatives Market Forecast by Region
10.1 Global Castor Oil and Derivatives Market Size Forecast
10.2 Global Castor Oil and Derivatives Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Castor Oil and Derivatives Market Size Forecast by Country
10.2.3 Asia Pacific Castor Oil and Derivatives Market Size Forecast by Region
10.2.4 South America Castor Oil and Derivatives Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Castor Oil and Derivatives by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Castor Oil and Derivatives Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Castor Oil and Derivatives by Type (2024-2029)
11.1.2 Global Castor Oil and Derivatives Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Castor Oil and Derivatives by Type (2024-2029)
11.2 Global Castor Oil and Derivatives Market Forecast by Application (2024-2029)
11.2.1 Global Castor Oil and Derivatives Sales (K MT) Forecast by Application
11.2.2 Global Castor Oil and Derivatives Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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